I opened positions in $CapLand China T(AU8U.SI)$ at a screaming bargain price! I love shopping 🛒🛍️🛍️🛍️🛍️🏬 and who doesn't love a great shopping mall 🏬? Plus there's business and logistics park properties. My awesome 🇸🇬Singapore bro @SPOT_ON talked me into going shopping with him - Again - on this stock. The last time I went shopping with him he made me over 14% on $OUEREIT(TS0U.SI)$ So I'm all in on this shopping trip. Cheers mate! Eh bro, let’s chiong this stock together lah, confirm can make one! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Whose coming shopping with us and scooping up this bargain?
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties.
The REIT’s unit price has slid 26% year-to-date (YTD) to S$0.68, just a tad higher than its 52-week low of S$0.67.
CLCT reported that gross revenue for 2023 fell by 4.8% year on year to S$364.7 million while net property income (NPI) dipped by 2.9% year on year to S$246.7 million.
Distribution per unit (DPU) tumbled 10.1% year on year to S$0.0674.
The weaker performance was principally because of a weaker exchange rate used to translate revenue and NPI back to Singapore dollars.
In RMB terms, revenue and NPI rose 3.3% and 5.3%, respectively, to RMB 1.9 billion and RMB 1.3 billion.
The REIT sported an occupancy rate of 91.4% as of 31 December 2023.
Its stable of malls saw a strong upsurge in both shopper traffic and tenant sales with China’s full reopening.
Shopper traffic for 2023 shot up nearly 46% year on year while tenant sales improved by 41.5% year on year.
CLCT’s gearing stood at 41.5% with an average cost of debt of 3.57%.
Happy trading ahead! Cheers, BC 🍀
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Comments
根据提供的信息，凯德中国信托（CLCT）是一家专注于中国的房地产投资信托基金，拥有购物中心、商业园区物业和物流园区物业的投资组合。该房地产投资信托基金的单位价格今年迄今已下跌26%，至0.68新元，略高于52周低点0.67新元。
CLCT报告称，2023年总收入和净财产收入下降，主要是由于用于将收入和NPI换算回新加坡元的汇率走软。但以人民币计算，它们的营收和NPI实际分别增长了3.3%和5.3%。
截至2023年12月31日，CLCT购物中心的入住率为91.4%，中国全面重新开放后，购物客流量和租户销售额显着增长。购物者流量同比增长近46%，租户销售额同比改善41.5%。
CLCT的资产负债率为41.5%，平均债务成本为3.57%。值得注意的是，CLCT的财务表现和未来前景可能受到中国经济状况、监管变化和消费者支出模式等因素的影响。
另请注意，所提供的信息不构成投资建议。投资房地产投资信托基金涉及风险，包括资本损失的可能性。在做出投资决定之前，进行彻底的研究并考虑自己的投资目标和风险承受能力非常重要。
如果您有兴趣进一步分析凯德中国信托，我可以为您提供更详细的财务数据和新闻文章，以协助您的投资决策过程。