Link REIT (0823) Stock Price, Fundamentals & Analysis

What 0823 does

Link REIT (0823) is a stock listed on the Hong Kong Stock Exchange in the Real Estate sector, specifically the REIT - Retail industry. It is part of the broader Hang Seng ecosystem and operates alongside peers such as China Overseas Land & Investment Limited (0688), Sun Hung Kai Properties Limited (0016), Longfor Properties (0960), CK Asset Holdings (1113), China Resources Mixc Lifestyle (1209), Henderson Land Development Company Limited (0012), and China Resources Land Limited (1109). The firm focuses on owning and actively managing malls and car parks in Hong Kong, tier-one cities of the Chinese Mainland, Singapore, and Australia. It also develops new capital partnerships and explores value-add opportunities to enhance returns for unitholders.

Key numbers explained

• 37,02 HKD is the current price, representing the cost of one share right now.
• The dividend yield of 6,85% shows the annual dividend as a percentage of the current share price.
• The forward P/E ratio of 14,8 compares the price to expected future earnings, helping gauge how the market values growth.
• A price-to-book ratio of 0,64 means the stock trades below its book value, which can signal a discount to the net asset value per share.
• The beta of 0,87 indicates the stock tends to be less volatile than the overall market.
• The ex-dividend date of 11 iun. 2026 is the cutoff to own the stock and receive the next dividend payment.
• The share of earnings paid out as dividends of 42% shows how much of the company’s profit is returned to shareholders.
• The 52-week range of 34,12 – 42,48 gives the lowest and highest traded prices over the past year.

What to watch

For a REIT like 0823, investors typically monitor interest rate movements, occupancy rates in retail malls, and rental income trends. The debt-to-equity ratio of 39,3% reflects the company’s leverage level, which can affect its resilience in changing rate environments. The operating margin of 68,4% highlights strong core operations, while the negative profitMargin of -52,4% and returnOnEquity of -5% point to non-cash or non-operating items that can swing reported earnings. The next earnings release is scheduled for 19 nov. 2026, which will provide updated figures on these metrics.