Lippo Malls Indonesia Retail Trust

D5IU.SI : Singapore Exchange

0.020

0.00%

Share Price in SGD. As of 26 Jul 14:57:47 SGT

All

Chart

Key stats

  • 52-Week High
    SGD 0.024
  • 52-Week Low
    SGD 0.011
  • Market Cap
    SGD 154M
  • Avg Volume
    2.5M
  • P/E Ratio (TTM)
    -
  • Forward Dividend Yield
    0.0%
Beansprout Analysis

Beansprout's Checklist

Fundamental
  • Occupancy Rate of 79.5% is lower than sector average of 95.2%

  • Net property income yield of 7.76% is higher than its dividend yield of 0%

Financial
  • Gearing Ratio of 0.44x is higher than sector average of 0.37x

  • Interest Coverage Ratio of 1.9x is below 2.5x

  • Net Book Value of $0.06 is lower than its net book value of $0.07 in the previous year

Valuation
  • No Dividend Yield data available

  • Price to Book of 0.32x is lower than sector average of 0.71x

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Revenue Breakdown by Asset

Revenue Breakdown by Geography

Market Analysis

Analyst Ratings

There is no analyst rating data currently available for Lippo Malls Indonesia Retail Trust.

Valuation

Price to book (P/B) ratio

Current P/B
0.3
Historical Average P/B
0.5

Lippo Malls Indonesia Retail Trust's current P/B ratio of 0.3x is lower than its historical average P/B ratio of 0.5x.

Earnings

Earnings Highlights

1Q 2024 Results Summary

  • Revenue: SGD 49.23M

    Increased 1% Year-on-Year

    Higher carpark revenue and service charge and utilities recovery

  • Net Property Income (NPI): SGD 29.88M

    Decreased 3% Year-on-Year

    Higher property operating and maintenance expenses and lower net reversal for impairment loss on trade receivables compared the period before

  • Portfolio Occupancy: 79.5%

    Increased 1% Year-on-Year

    Largely attributed to securing new leases for 19,140 square metres and renewing 61.8% of expiring leases

  • Rental Reversion: 3%

    Indicating positive momentum in our leasing activities

  • Leverage/Gearing: 44%

    The Trust managed to maintain its average leverage ratio at 43.7% as at 31 March 2024, which is below the regulatory limit.

Earnings per share (EPS)

The latest earnings per share is $0.00, which is higher than the earnings per share of -$0.01 in 2021.

Financials

Financial Statements

26 Apr 2024

First Quarter Results

For period ending 31 Mar 2024

03 Apr 2024

Auditor's Comments of Accounts

For period ending 31 Dec 2023

29 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

09 Nov 2023

Third Quarter Results

For period ending 30 Sep 2023

08 Aug 2023

Second Quarter and/ or Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

03 Apr 2024

Annual Report

For period ending 31 Dec 2023

03 Apr 2024

Sustainability Report

For period ending 31 Dec 2023

News
Profile

Company Description

The Manager, Lippo-Mapletree Indonesia Retail Trust Management Ltd was incorporated in Singapore on 3 May 2007. LMIR Trust is a Singapore-based real estate investment trust established with the principal investment objective of owning and investing on a long-term basis in a diversified portfolio of income-producing real estate in Indonesia that are primarily used for retail and/or retail-related purposes, and real estate related assets in connection with the foregoing purposes. The Properties are strategically located in major cities of Indonesia with large population catchment areas and are accessible via major transportation routes and highways. Retail Malls As at Listing Date, LMIR Trust’s property portfolio will comprise seven Retail Malls with a NLA of 219,382 sq m. Five of the Retail Malls are located in Bogor, Depok, Tangerang and Bekasi (“Greater Jakarta”) and the remaining two in Bandung, the fourth largest populated city in Indonesia. Its initial property portfolio comprises the following seven retail malls: 1. Gajah Mada Plaza 2. Cibubur Junction 3. The Plaza Semanggi 4. Mal Lippo Cikarang 5. Ekalokasari Plaza 6. Bandung Indah Plaza 7. Istana Plaza Retail Spaces The Retail Spaces occupy a total NLA of 94,070 sq m and are strategically located as anchor spaces within retail malls. Three of the seven Retail Spaces are located within Greater Jakarta and four are situated in the major cities of Semarang, Medan, Madiun and Malang. Its initial property portfolio comprises the following seven retail malls: 1. Mall WTC Matahari Units 2. Metropolis Town Square Units 3. Depok Town Square Units 4. Java Supermall Units 5. Malang Town Square Units 6. Plaza Madiun 7. Grand Palladium Medan Units

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