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The Wharf (Holdings) Ltd WARFF

Rating as of

Morningstar’s Analysis

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Company Profile

Business Description

After the demerger in late 2017, Wharf is mostly now a China-focused property developer. We expect China assets to contribute 70% to 80% of the earnings, splitting between investment properties and development properties. A small portfolio of Hong Kong assets, consisting of niche luxury residential properties located on the peak, and some industrial and residential assets in Kowloon East, is expected to contribute 15% of the earnings. Incomes from hotel management and logistic businesses account for the rest. The parent company, Wheelock, holds a 70% stake.

Contact
Canton Road, 16th Floor, Ocean Centre
Hong Kong, Hong Kong
T +852 21188118
Sector Real Estate
Industry Real Estate Services
Most Recent Earnings
Fiscal Year End Dec 31, 2020
Stock Type
Employees 8,400