Hotel Properties Ltd
SGX:H15

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Hotel Properties Ltd
SGX:H15
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Price: 4.7 SGD Market Closed
Market Cap: 2.5B SGD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+71%
5Y
+71%
10Y
+21%
Operating Income
+
3Y
+687%
5Y
-
10Y
-29%
Net Income
+
3Y
+164%
5Y
-
10Y
-52%

Earnings Waterfall
Hotel Properties Ltd

Revenue
724.1m SGD
Cost of Revenue
-577.4m SGD
Gross Profit
146.6m SGD
Operating Expenses
-51.2m SGD
Operating Income
95.4m SGD
Other Expenses
-51.8m SGD
Net Income
43.6m SGD

Income Statement
Hotel Properties Ltd

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Income Statement
Currency: SGD
Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Jun-2020 Dec-2020 Jun-2021 Dec-2021 Jun-2022 Dec-2022 Jun-2023 Dec-2023 Jun-2024 Dec-2024 Jun-2025
Revenue
Interest Expense
18
0
0
0
15
0
0
0
15
0
0
0
19
0
0
0
28
0
0
0
40
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12
0
13
0
13
0
13
0
Revenue
348
N/A
321
-8%
293
-9%
285
-3%
280
-2%
282
+1%
303
+8%
308
+2%
320
+4%
317
-1%
313
-1%
313
+0%
304
-3%
305
+0%
320
+5%
313
-2%
355
+14%
388
+9%
413
+7%
447
+8%
460
+3%
502
+9%
534
+6%
580
+9%
612
+5%
585
-4%
547
-7%
494
-10%
443
-10%
444
+0%
444
+0%
453
+2%
442
-2%
444
+0%
456
+3%
459
+1%
494
+8%
513
+4%
517
+1%
528
+2%
543
+3%
566
+4%
602
+6%
655
+9%
692
+6%
743
+7%
708
-5%
674
-5%
615
-9%
559
-9%
601
+7%
588
-2%
580
-1%
564
-3%
530
-6%
537
+1%
578
+8%
579
+0%
639
+10%
664
+4%
659
-1%
688
+4%
635
-8%
599
-6%
579
-3%
558
-4%
546
-2%
550
+1%
556
+1%
424
-24%
259
-39%
284
+10%
344
+21%
424
+23%
526
+24%
595
+13%
642
+8%
670
+4%
693
+3%
724
+4%
Gross Profit
Cost of Revenue
(257)
(242)
(231)
(229)
(215)
(213)
(219)
(217)
(233)
(230)
(228)
(229)
(225)
(226)
(234)
(230)
(252)
(267)
(286)
(307)
(315)
(338)
(359)
(397)
(427)
(417)
(396)
(354)
(311)
(313)
(310)
(318)
(317)
(316)
(324)
(327)
(349)
(360)
(363)
(372)
(378)
(394)
(419)
(455)
(475)
(503)
(479)
(456)
(417)
(389)
(421)
(416)
(418)
(411)
(392)
(398)
(436)
(436)
(479)
(496)
(490)
(509)
(472)
(449)
(431)
(419)
(408)
(412)
(419)
(362)
(273)
(275)
(307)
(354)
(420)
(462)
(495)
(520)
(549)
(577)
Gross Profit
92
N/A
79
-14%
62
-22%
56
-10%
65
+17%
69
+5%
85
+24%
91
+8%
87
-5%
87
+0%
84
-3%
84
-1%
79
-5%
79
N/A
86
+8%
83
-3%
103
+24%
120
+17%
127
+6%
140
+10%
145
+4%
164
+13%
175
+7%
183
+5%
185
+1%
168
-9%
151
-10%
139
-8%
132
-5%
131
-1%
134
+3%
135
+1%
125
-7%
128
+2%
132
+3%
132
+0%
145
+9%
154
+6%
154
+0%
156
+1%
165
+5%
172
+5%
183
+6%
200
+9%
217
+9%
240
+11%
229
-5%
218
-5%
198
-9%
170
-14%
180
+6%
172
-4%
162
-6%
154
-5%
138
-10%
139
+1%
141
+1%
143
+1%
161
+12%
169
+5%
170
+1%
179
+5%
163
-9%
150
-8%
149
-1%
140
-6%
138
-1%
138
+0%
138
0%
62
-55%
(14)
N/A
9
N/A
37
+335%
70
+87%
105
+51%
133
+26%
147
+11%
151
+3%
144
-5%
147
+2%
Operating Income
Operating Expenses
(45)
(45)
(39)
(38)
(38)
(37)
(42)
(42)
(41)
(42)
(42)
(42)
(45)
(42)
(44)
(45)
(50)
(40)
(36)
(40)
(52)
(55)
(61)
(67)
(67)
(62)
(56)
(47)
(46)
(47)
(50)
(51)
(60)
(60)
(60)
(58)
(56)
(55)
(55)
(58)
(60)
(62)
(62)
(62)
(64)
(66)
(70)
(71)
(61)
(45)
(45)
(44)
(65)
(61)
(60)
(51)
(57)
(58)
(19)
(20)
(76)
(79)
(72)
(81)
(72)
(71)
(72)
(74)
(44)
(65)
(50)
(10)
(49)
(58)
(69)
(74)
(78)
(85)
(50)
(51)
Selling, General & Administrative
(46)
(43)
(41)
(40)
(41)
(40)
(41)
(41)
(39)
(40)
(40)
(40)
(41)
(40)
(40)
(39)
(40)
(43)
(46)
(49)
(50)
(50)
(51)
(52)
(52)
(50)
(48)
(46)
(48)
(48)
(52)
(53)
(61)
(61)
(61)
(61)
(56)
(56)
(56)
(56)
(58)
(58)
(59)
(59)
(65)
(67)
(70)
(71)
(70)
(71)
(70)
(70)
(67)
(66)
(66)
(67)
(69)
(69)
(70)
(71)
(77)
(80)
(80)
(80)
(76)
(74)
(74)
(75)
(70)
(64)
(47)
(43)
(50)
(59)
(71)
(74)
(73)
(77)
(79)
(87)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
(0)
0
0
0
Other Operating Expenses
2
(2)
2
2
3
3
(1)
0
(2)
(2)
(2)
(3)
(5)
(2)
(4)
(6)
(10)
3
10
10
(3)
(5)
(11)
(15)
(15)
(11)
(8)
(1)
2
1
2
1
1
1
1
3
(1)
1
1
(2)
(2)
(4)
(4)
(3)
1
0
0
0
9
25
25
26
2
5
6
16
12
12
51
51
1
1
8
(1)
4
3
2
1
26
(0)
(3)
33
1
1
2
(0)
(5)
(9)
29
36
Operating Income
47
N/A
34
-28%
23
-33%
18
-23%
27
+53%
31
+15%
43
+36%
50
+17%
46
-8%
45
-1%
42
-7%
41
-3%
34
-17%
37
+9%
42
+12%
38
-8%
53
+40%
80
+51%
91
+14%
100
+10%
93
-8%
109
+18%
114
+4%
116
+2%
118
+1%
107
-9%
95
-11%
92
-3%
86
-7%
84
-2%
84
+0%
84
0%
65
-22%
68
+4%
72
+6%
74
+3%
88
+19%
99
+12%
99
+1%
98
-1%
105
+6%
110
+5%
120
+10%
138
+15%
153
+11%
174
+13%
159
-8%
148
-7%
136
-8%
125
-8%
135
+8%
128
-5%
97
-25%
92
-5%
78
-16%
88
+13%
84
-4%
86
+1%
142
+65%
149
+5%
93
-37%
100
+6%
91
-8%
69
-24%
77
+11%
69
-10%
66
-4%
64
-3%
94
+46%
(2)
N/A
(64)
-2 650%
(1)
+98%
(12)
-868%
12
N/A
36
+197%
59
+63%
69
+17%
65
-5%
94
+44%
95
+2%
Pre-Tax Income
Interest Income Expense
(23)
(23)
(24)
(23)
(19)
(15)
(12)
(10)
(8)
(14)
(14)
(15)
(6)
(14)
(15)
(20)
51
35
32
33
73
70
70
70
(39)
(72)
(74)
(78)
(39)
(39)
(38)
(28)
7
16
27
27
5
10
16
26
55
59
66
76
62
51
34
7
8
(2)
(5)
4
8
11
22
39
10
11
2
6
121
200
202
190
77
(4)
1
(12)
(10)
(26)
(115)
(117)
7
8
8
(48)
487
518
(61)
(45)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(30)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
(0)
(0)
1
16
0
0
0
11
13
13
0
41
40
0
0
7
7
0
7
(0)
(0)
0
0
0
0
(13)
(13)
(0)
0
0
16
15
(1)
(1)
(0)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
5
0
0
0
95
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
3
5
3
5
6
5
8
5
(0)
4
3
5
19
23
21
30
16
12
12
9
13
12
18
12
7
9
7
6
0
4
0
(0)
(8)
86
85
85
(2)
0
0
0
0
0
0
0
0
(0)
(0)
(2)
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
28
N/A
16
-42%
2
-87%
(0)
N/A
14
N/A
22
+51%
39
+79%
44
+15%
38
-14%
35
-7%
31
-13%
31
+0%
47
+51%
46
-3%
47
+3%
48
+3%
120
+148%
128
+6%
135
+6%
142
+5%
178
+26%
191
+7%
202
+5%
198
-2%
57
-71%
44
-22%
29
-35%
21
-28%
52
+154%
50
-5%
46
-6%
56
+20%
159
+186%
170
+7%
186
+9%
188
+1%
92
-51%
109
+19%
115
+6%
124
+8%
159
+28%
169
+6%
186
+10%
214
+15%
213
0%
225
+6%
193
-14%
156
-19%
160
+3%
124
-23%
130
+5%
132
+2%
116
-12%
117
+0%
113
-3%
127
+12%
136
+7%
136
+1%
143
+5%
155
+8%
222
+43%
307
+38%
293
-4%
267
-9%
154
-42%
65
-58%
68
+5%
52
-23%
85
+62%
(28)
N/A
(192)
-585%
(131)
+32%
(5)
+96%
20
N/A
44
+117%
27
-39%
571
+2 012%
582
+2%
33
-94%
50
+53%
Net Income
Tax Provision
(8)
(4)
(5)
(5)
(6)
(8)
(9)
(9)
(10)
(7)
(7)
(6)
(10)
(9)
(9)
(9)
(21)
(19)
(19)
(19)
(15)
(17)
(19)
(21)
(17)
(15)
(14)
(15)
(15)
(16)
(16)
(15)
(12)
(12)
(12)
(11)
(14)
(17)
(17)
(17)
(20)
(21)
(24)
(27)
(26)
(31)
(28)
(25)
(25)
(20)
(22)
(22)
(25)
(25)
(23)
(23)
(27)
(28)
(30)
(31)
(38)
(51)
(49)
(44)
(29)
(15)
(22)
(29)
(30)
(15)
3
3
(0)
(1)
(10)
(16)
(16)
(13)
(26)
(28)
Income from Continuing Operations
20
12
(3)
(6)
9
14
30
35
28
29
24
24
36
37
38
39
100
109
116
122
163
174
182
178
40
29
15
5
37
34
30
41
147
158
174
177
78
92
98
107
139
148
162
187
187
194
166
131
135
104
108
110
91
91
91
104
109
109
114
124
184
256
244
223
125
49
46
23
55
(43)
(188)
(128)
(6)
19
34
11
555
569
7
22
Income to Minority Interest
(4)
(4)
(3)
(2)
(4)
(4)
(6)
(6)
(4)
(3)
(1)
0
2
1
2
3
(1)
(3)
(5)
(7)
(13)
(15)
(17)
(14)
(7)
(6)
(3)
(3)
(2)
(2)
(3)
(5)
(7)
(8)
(9)
(8)
(8)
(8)
(7)
(8)
(9)
(10)
(10)
(9)
(9)
(10)
(12)
(12)
(10)
(10)
(9)
(9)
(9)
(10)
(8)
(6)
(5)
(4)
(5)
(6)
(6)
(6)
(5)
(4)
(3)
(2)
(1)
1
2
12
11
0
(2)
(3)
6
10
6
5
21
22
Net Income (Common)
16
N/A
8
-48%
(6)
N/A
(7)
-32%
5
N/A
10
+109%
24
+143%
29
+21%
21
-26%
26
+22%
24
-10%
25
+5%
38
+56%
38
0%
40
+5%
42
+4%
99
+137%
106
+7%
111
+4%
115
+4%
150
+30%
159
+6%
165
+4%
163
-1%
33
-80%
23
-30%
12
-48%
2
-80%
35
+1 367%
32
-10%
28
-13%
36
+31%
140
+290%
150
+7%
165
+10%
169
+3%
70
-58%
84
+19%
91
+8%
99
+9%
130
+31%
138
+6%
153
+11%
178
+17%
169
-5%
175
+4%
145
-17%
110
-24%
115
+5%
85
-26%
90
+6%
92
+2%
72
-21%
73
+0%
74
+1%
89
+21%
94
+6%
96
+2%
99
+3%
109
+10%
170
+56%
242
+42%
231
-4%
211
-9%
121
-42%
48
-61%
45
-6%
25
-45%
57
+132%
(31)
N/A
(177)
-469%
(128)
+28%
(8)
+94%
17
N/A
40
+143%
21
-48%
561
+2 562%
573
+2%
27
-95%
44
+60%
EPS (Diluted)
0.03
N/A
0.02
-33%
-0.01
N/A
-0.01
N/A
0.01
N/A
0.02
+100%
0.05
+150%
0.06
+20%
0.05
-17%
0.06
+20%
0.06
N/A
0.06
N/A
0.08
+33%
0.09
+13%
0.09
N/A
0.09
N/A
0.21
+133%
0.21
N/A
0.24
+14%
0.25
+4%
0.31
+24%
0.31
N/A
0.32
+3%
0.32
N/A
0.07
-78%
0.05
-29%
0.03
-40%
0.01
-67%
0.07
+600%
0.06
-14%
0.05
-17%
0.06
+20%
0.28
+367%
0.29
+4%
0.32
+10%
0.33
+3%
0.14
-58%
0.16
+14%
0.17
+6%
0.19
+12%
0.25
+32%
0.27
+8%
0.3
+11%
0.34
+13%
0.33
-3%
0.34
+3%
0.18
-47%
0.17
-6%
0.22
+29%
0.13
-41%
0.14
+8%
0.15
+7%
0.14
-7%
0.11
-21%
0.11
N/A
0.15
+36%
0.18
+20%
0.15
-17%
0.16
+7%
0.2
+25%
0.33
+65%
0.45
+36%
0.3
-33%
0.37
+23%
0.22
-41%
0.07
-68%
0.07
N/A
0.03
-57%
0.11
+267%
-0.07
N/A
-0.34
-386%
-0.32
+6%
-0.04
+88%
0.02
N/A
0.08
+300%
0.04
-50%
1.07
+2 575%
1.1
+3%
0.05
-95%
0.08
+60%

See Also

Summary
H15 intrinsic value, competitors valuation, and company profile.
DCF Valuation
H15 stock valuation using Discount Cash Flow valuation method.
Relative Valuation
H15 stock valuation using valuation multiples.
Wall Street Estimates
H15 price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
H15 stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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