$City Office REIT (CIO.US)$ 🎯 2024.4.11 The current price i...

New data: 23Q3 and 23Q4. Revenue shrank slightly and net profit lost slightly.

Revenue shrank by 0.8% in 2023, operating profit shrank by 14.3% due to increased costs and expenses, and net profit lost slightly due to increased interest expenses.

The balance to debt ratio has not changed much. Currently, cash is $0.3 billion, real estate is $1.35 billion, total debt is $740 million, the difference is $640 million, and the market value is $185 million.

The 5-year average net profit of 90 million yuan, corresponding to a price-earnings ratio of 2 and a dividend ratio of 13%, can still be chosen carefully (⭐️)