See more : Zhejiang Sunrise Garment Group Co., Ltd. (605138.SS) Income Statement Analysis – Financial Results
Complete financial analysis of SANKEI REAL ESTATE Inc. (2972.T) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of SANKEI REAL ESTATE Inc., a leading company in the REIT – Office industry within the Real Estate sector.
- PT. Mitra Adiperkasa Tbk (MAPI.JK) Income Statement Analysis – Financial Results
- DiamondRock Hospitality Company (DRH) Income Statement Analysis – Financial Results
- A. O. Smith Corporation (AOS) Income Statement Analysis – Financial Results
- Global Indemnity Limited SUB NT 47 (GBLIL) Income Statement Analysis – Financial Results
- ScION Tech Growth II (SCOB) Income Statement Analysis – Financial Results
SANKEI REAL ESTATE Inc. (2972.T)
About SANKEI REAL ESTATE Inc.
SASANKEI REAL ESTATE Inc. listed on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market (J-REIT market) on March 12, 2019 (TSE code: 2972; abbreviation: SANKEI REAL ESTATE). SANKEI REAL ESTATE invests mainly in major metropolitan areas (Greater Tokyo, Osaka City, and Nagoya City) by setting "office buildings," the asset type representative of Japan's real estate (securitization) market, as the primary investment target, while setting "sub assets" as the secondary investment target in which a fixed percentage of investments are made. "Sub assets" are asset types that possess characteristics different from "office buildings" and which contribute to building a strong portfolio that features both revenue stability and growth capable of withstanding the cyclical real estate market. Based on the investment policy, in terms of external growth, SANKEI REAL ESTATE aims to expand the scale of its assets by establishing an "asset recycling business model" with the sponsor group (the Sankei Building Group), which undertakes the "Urban Development, Hotels & Resorts" operations of media conglomerate Fuji Media Holdings, and thereby secure a pipeline of "office buildings" and "sub assets" developed and/or owned by the sponsor. In terms of internal growth, SANKEI REAL ESTATE aims to maintain and improve earnings of assets under management over the medium to long term by making maximum use of the sponsor group's platform, which covers development, operation, management and various other functions. As its basic philosophy, SANKEI REAL ESTATE aims to maximize unitholder value over the medium to long term by growing with the J-REIT market as a public entity of society that makes each and every person happy under the philosophy of "Making people, cities & society happy" through sponsorship support.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Revenue | 5.64B | 5.81B | 4.32B | 3.94B | 1.16B |
Cost of Revenue | 2.45B | 2.05B | 1.58B | 1.36B | 422.69M |
Gross Profit | 3.19B | 3.76B | 2.74B | 2.58B | 734.39M |
Gross Profit Ratio | 56.59% | 64.70% | 63.37% | 65.57% | 63.47% |
Research & Development | 0.00 | 0.49 | 0.47 | 0.50 | 0.29 |
General & Administrative | 513.30M | 497.13M | 399.40M | 339.36M | 19.20M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | -19.20M |
SG&A | 513.30M | 497.13M | 399.40M | 339.36M | 0.29 |
Other Expenses | 97.33M | -5.59M | -1.99M | -92.57M | 144.97K |
Operating Expenses | 615.21M | 586.15M | 480.32M | 420.13M | 248.40M |
Cost & Expenses | 3.07B | 2.64B | 2.06B | 1.78B | 734.39M |
Interest Income | 81.00K | 357.00K | 102.00K | 1.16M | 14.00K |
Interest Expense | 253.98M | 189.20M | 127.98M | 114.63M | 195.03M |
Depreciation & Amortization | 619.15M | 618.70M | 457.54M | 437.29M | 148.80M |
EBITDA | 3.08B | 3.68B | 2.72B | 2.60B | 652.38M |
EBITDA Ratio | 54.60% | 63.32% | 60.54% | 64.13% | 56.38% |
Operating Income | 2.58B | 3.17B | 2.26B | 2.16B | 14.00K |
Operating Income Ratio | 45.69% | 54.61% | 52.26% | 54.90% | 0.00% |
Total Other Income/Expenses | -370.43M | -302.23M | -227.65M | -188.34M | -379.90M |
Income Before Tax | 2.21B | 2.87B | 2.03B | 1.97B | 124.80M |
Income Before Tax Ratio | 39.13% | 49.40% | 47.00% | 50.12% | 10.79% |
Income Tax Expense | 1.82M | 1.75M | 1.76M | 1.86M | 824.53M |
Net Income | 2.21B | 2.87B | 2.03B | 1.97B | 699.73M |
Net Income Ratio | 39.10% | 49.37% | 46.96% | 50.07% | 60.47% |
EPS | 4.72K | 6.14K | 5.69K | 5.54K | 2.09 |
EPS Diluted | 4.72K | 6.14K | 5.69K | 5.54K | 302.62K |
Weighted Avg Shares Out | 467.10K | 467.10K | 356.80K | 356.05K | 335.21M |
Weighted Avg Shares Out (Dil) | 467.10K | 467.10K | 356.80K | 356.05K | 2.31K |
Source: https://incomestatements.info
Category: Stock Reports