Wharf Real Estate Investment Co Ltd (1997)

Currency in HKD
24.22
+0.24(+1.00%)
Delayed Data·
High dividend Yield
1997 is included in our AI-picked strategies. See how they work
Fair Value
Day's Range
23.7624.22
52 wk Range
18.1429.38
Key Statistics
Bid/Ask
24.20 / 24.22
Prev. Close
23.98
Open
23.94
Day's Range
23.76-24.22
52 wk Range
18.14-29.38
Volume
1.3M
Average Volume (3m)
4.58M
1-Year Change
32.3497%
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
1997 Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
28.37
Upside
+17.12%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low Price / Book multiple
Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Wharf Real Estate Investment Company Limited, an investment holding company, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore. It operates through Investment Properties, Development Properties, Hotel, and Investment segments. The company’s properties include Harbour City, a commercial space comprising offices, retail shops, serviced apartments, hotels and clubs, and car parking spaces; and Times Square, a retail space that consists of office and car parking spaces. It also owns and operates the Wheelock House and Crawford House commercial properties; The Murray hotel; Plaza Hollywood, a shopping mall with shops, restaurants, and a cinema multiplex; The Star Ferry, which operates two inner harbor ferry services; and Wheelock Place and Scotts Square malls. In addition, the company engages in the leasing and management of retail and office properties, and serviced apartments; property and equity investments; and provision of leasing, finance, treasury, public transport, and management services. The company was founded in 1886 and is headquartered in Kowloon, Hong Kong.

Employees
2900
Market
Hong Kong

Wharf Real Estate Investment Co Ltd Earnings Call Summary for H2/2025

  • Underlying net profit rose 5% YoY; dividend per share increased 6% to HKD 1.32 despite challenging Hong Kong property market conditions.
  • Net debt reduced to HKD 32B with gearing ratio at 17.2%; interest costs down HKD 600M+ to 4.1% average, strengthening balance sheet.
  • Retail and office occupancy remained resilient at 92% and 91% respectively; core underlying net profit for HK properties up 7%.
  • Company plans HKD 1B capex for 2026 focused on strategic asset enhancements while maintaining operational flexibility amid market uncertainty.
  • Stock declined 0.22% to HKD 26.90 post-earnings despite 87% annual return; management cautiously optimistic on cash generation capabilities.
Last Updated: 10-03-2026, 10:38 pm
Read Full Transcript

Compare 1997 to Peers and Sector

Metrics to compare
1997
Peers
Sector
Relationship
P/E Ratio
−17.1x−2.6x9.2x
PEG Ratio
0.03−0.020.01
Price/Book
0.4x0.2x0.9x
Price / LTM Sales
5.7x3.5x3.9x
Upside (Analyst Target)
18.4%12.0%16.0%
Fair Value Upside
Unlock0.5%1.4%Unlock

Analyst Ratings

5 Buy
5 Hold
2 Sell
Ratings:
12 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 28.37
(+17.12% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Hold23.00-5.04%29.00Downgrade31-03-2026
JPMorgan
Buy29.00+19.74%27.50Maintain11-03-2026
CLSA
Buy40.00+65.15%18.80Upgrade11-03-2026
BofA Securities
Buy26.00+7.35%29.50Maintain29-09-2025
Citi
Buy30.30+25.10%25.00Maintain08-08-2025

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -1.40%
Dividend Yield
5.50%
Industry Median 6.20%
Annualised payout
1.32
Paid annually
5-Years Growth
-2.13%
Growth Streak

Earnings

Latest Release
10-03-2026
EPS / Forecast
-0.61 / 1.05
Revenue / Forecast
6.41B / --
EPS Revisions
Last 90 days

1997 Income Statement

FAQ

What Is the Wharf Real Estate (1997) Share Price Today?

The Wharf Real Estate share price today is 24.22 HKD.

What is the current Wharf Real Estate (1997) share price and day range?

As of 27-04-2026, the Wharf Real Estate share price is 24.22 HKD, with a previous close of 23.98 HKD. The share price has ranged from 23.76 to 24.22 HKD today, while the 52-week range spans from 18.14 to 29.38 HKD.

What Is the Wharf Real Estate Market Cap?

As of today, Wharf Real Estate market cap is 73.54B.

Does Wharf Real Estate Pay Dividends? What's The Current Dividend Yield?

The Wharf Real Estate dividend yield is 5.5%.

What Is the Wharf Real Estate (1997) Share Price Target?

The average 12-month share price target for Wharf Real Estate is 28.37 HKD, with a high estimate of 40 HKD and a low estimate of 22 HKD. 5 analysts recommend buying, while 2 suggest selling, with an overall rating of Neutral and +17.12% Upside potential.

What Is Wharf Real Estate's Earnings Per Share (TTM)?

The Wharf Real Estate EPS (TTM) is -1.40.

From a Technical Analysis Perspective, Is 1997 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.

What Stock Exchange Does Wharf Real Estate Trade On?

Wharf Real Estate is listed and trades on the Hong Kong Stock Exchange.

What Is the Stock Symbol for Wharf Real Estate?

The stock symbol for Wharf Real Estate is "1997."

How Many Times Has Wharf Real Estate Stock Split?

Wharf Real Estate has split 0 times.

How Many Employees Does Wharf Real Estate Have?

Wharf Real Estate has 2900 employees.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.