Listed on 28 July 2016, EC World REIT is the first Chinese specialised logistics and e-commerce logistics REIT listed on Singapore Exchange Securities Trading Limited (SGX-ST). With its portfolio of seven quality properties located predominantly in one of the largest e-commerce clusters in the Yangtze River Delta, EC World REIT offers investors unique exposure to the logistics and e-commerce sectors in Hangzhou and Wuhan, the People's Republic of China (PRC). EC World REIT's investment strategy is to invest principally, directly or indirectly, in a diversified portfolio of income-producing real estate which is used primarily for e-commerce, supply-chain management and logistics purposes, as well as real estate-related assets, with an initial geographical focus on the PRC. EC World REIT is managed by EC World Asset Management Pte. Ltd., which is an indirect wholly-owned subsidiary of the Sponsor - Forchn Holdings Group Co., Ltd. Established in 1992 and headquartered in Shanghai, the Sponsor is a conglomerate with businesses in supply chain, intelligent manufacturing, medical care and healthcare, finance and other sectors.
Research context
EC World REIT appears in PyInvesting’s Singapore Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- SGD
- Sector
- Real Estate
- Industry
- REIT - Industrial
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5 years, 6 months ago
EC World Real Estate Investment Trust is currently in a long term uptrend where the price is trading 11.3% above its 200 day moving average.
From a valuation standpoint, the stock is 40.1% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 5.6.
EC World Real Estate Investment Trust's total revenue rose by 14.2% to $30M since the same quarter in the previous year.
Its net income has dropped by 109.2% to $-3M since the same quarter in the previous year.
Finally, its free cash flow grew by 124.0% to $37M since the same quarter in the previous year.
Based on the above factors, EC World Real Estate Investment Trust gets an overall score of 4/5.