Sunlight Real Estate Investment Trust (HKSE:00435) Shares Outstanding (EOP): 1,748.1 Mil (As of Dec. 2025)

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HKSE:00435 Sunlight Real Estate Investment Trust HKSE:00435
65 GF Score
Price HK$2.24
GF Value HK$1.97
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Sunlight Real Estate Investment Trust Shares Outstanding (EOP)?

Sunlight Real Estate Investment Trust HKSE:00435 +0.90% 65 Shares Outstanding (EOP) is 1,748.1 Mil as of Dec. 2025. GuruFocus rates HKSE:00435 with a GF Score™ of 65/100 and a GF Value™ of HK$1.97 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sunlight Real Estate Investment Trust's shares outstanding for the quarter that ended in Dec. 2025 was 1,748.1 Mil.

Sunlight Real Estate Investment Trust's quarterly shares outstanding increased from Jun. 2025 (1,738.4 Mil) to Dec. 2025 (1,748.1 Mil). It means Sunlight Real Estate Investment Trust issued new shares from Jun. 2025 to Dec. 2025 .

Sunlight Real Estate Investment Trust's annual shares outstanding increased from Jun. 2024 (1,714.1 Mil) to Dec. 2025 (1,748.1 Mil). It means Sunlight Real Estate Investment Trust issued new shares from Jun. 2024 to Dec. 2025 .


Sunlight Real Estate Investment Trust  (HKSE:00435) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Sunlight Real Estate Investment Trust Shares Outstanding (EOP) Related Terms


Sunlight Real Estate Investment Trust Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Sunlight Real Estate Investment Trust's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sunlight Real Estate Investment Trust Shares Outstanding (EOP) Chart

Sunlight Real Estate Investment Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,672.13 1,681.71 1,695.04 1,714.05 1,748.13

Sunlight Real Estate Investment Trust Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Jun25 Dec25
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,695.04 1,702.69 1,714.05 1,738.44 1,748.13

HKSE:00435 vs VICI, WPC, BNL: Shares Outstanding (EOP) Comparison

For the REIT - Diversified subindustry, Sunlight Real Estate Investment Trust's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunlight Real Estate Investment Trust Shares Outstanding (EOP) vs REITs Industry

For the REITs industry and Real Estate sector, Sunlight Real Estate Investment Trust's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Sunlight Real Estate Investment Trust's Shares Outstanding (EOP) falls into.


HKSE:00435
65GF Score
Sunlight Real Estate Investment Trust HKSE:00435
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlight Real Estate Investment Trust Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 1,748.1 Mil mean?
Sunlight Real Estate Investment Trust (HKSE:00435) has a Shares Outstanding (EOP) of 1,748.1 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Sunlight Real Estate Investment Trust and its competitors.
Is Sunlight Real Estate Investment Trust's Shares Outstanding (EOP) too high?
Sunlight Real Estate Investment Trust's current Shares Outstanding (EOP) is 1,748.1 Mil. Overall, Sunlight Real Estate Investment Trust has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunlight Real Estate Investment Trust's Shares Outstanding (EOP) compare to VICI and WPC?
Sunlight Real Estate Investment Trust's Shares Outstanding (EOP) of 1,748.1 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a REITs company?
A good Shares Outstanding (EOP) depends on the REITs industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Sunlight Real Estate Investment Trust and its competitors. Sunlight Real Estate Investment Trust's current Shares Outstanding (EOP) is 1,748.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlight Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Sunlight Real Estate Investment Trust (HKSE:00435) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$1.97, compared to a current price of HK$2.24 — trading 13.7% above its estimated fair value. The current Shares Outstanding (EOP) is 1,748.1 Mil. Sunlight Real Estate Investment Trust's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Sunlight Real Estate Investment Trust (HKSE:00435), the current Shares Outstanding (EOP) is 1,748.1 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sunlight Real Estate Investment Trust (HKSE:00435) Overvalued in 2026?

Based on GuruFocus' analysis, Sunlight Real Estate Investment Trust stock appears to be overvalued. The current stock price of HK$2.24 is trading 13.7% above its estimated GF Value™ of HK$1.97. GuruFocus considers Sunlight Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for HKSE:00435:

  • Shares Outstanding (EOP): 1,748.1 Mil
  • GF Value™: HK$1.97 vs. price of HK$2.24 (13.7% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunlight Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges Q9R:Germany
Address 248 Queen’s Road East, 30th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG
Sunlight Real Estate Investment Trust invests in a portfolio of office and retail properties in Hong Kong. The office properties are located in core business areas, including the Central, Wan Chai, and Sheung Wan districts. Properties are also located in decentralized business areas of the city, including North Point, Mong Kok, and Yau Ma Tei. Office properties include Sunlight Tower, Strand 50, Righteous Centre, and Winsome House Property. The retail properties are located in regional transportation hubs, towns, and urban areas, including Sheung Shui Centre Shopping Arcade, Metro City, and Kwong Wash Plaza. The company has two operating segments, which are Office Properties and Retail Properties. The company generates the majority of its revenue from the Retail Properties.
65GF Score

Get the complete analysis for HKSE:00435

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.24
Price
HK$1.97
GF Value