Sunrise Real Estate (SRRE) Goodwill (2020 - 2023)
Sunrise Real Estate (SRRE) posted Goodwill of $1.0 million for Q3 2023, up 4.08% sequentially from $1.0 million in Q2 2023, and down 6.49% YoY from $1.1 million in Q3 2022.
Sunrise Real Estate (SRRE) Goodwill (2020 - 2023) Analysis & Trends
Sunrise Real Estate has reported Goodwill for 4 years, with the latest figure at $1.0 million in Q3 2023.
- Quarterly Goodwill fell 6.49% year-over-year to $1.0 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $1.0 million (down 6.49% YoY) and the FY2022 annual result came in at $1.2 million, down 33.01% from the prior year.
- Goodwill advanced to $1.0 million in Q3 2023 per SRRE's latest filing, from $1.0 million in the prior quarter.
- Over five years, Goodwill peaked at $1.9 million in Q1 2022 and troughed at $1.0 million in Q2 2023.
- A 4-year average of $1.5 million and a median of $1.4 million in 2020 frame the typical range for Goodwill.
- The sharpest annual moves came in 2021 and 2022: Goodwill jumped 54.96% in 2021, then sank 35.55% in 2022.
- Over 4 years, Goodwill stood at $1.7 million in 2020, then increased by 9.8% to $1.9 million in 2021, then sank by 33.01% to $1.2 million in 2022, then retreated by 15.99% to $1.0 million in 2023.
- According to Business Quant data, Goodwill over the past three periods registered $1.0 million, $1.0 million, and $1.3 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Howard Hughes Holdings | 4.02 Bn | 4.02 Bn | 1.07 Bn |
| 2 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.92 Bn | 2.92 Bn | - |
| 3 | Century Communities | 1.99 Bn | 1.90 Bn | 190.18 Mn |
| 4 | Forestar | 1.48 Bn | 1.09 Bn | 84.10 Mn |
| 5 | Five Point Holdings | 389.61 Mn | 40.24 Mn | -23.72 Mn |
| 6 | Belpointe PREP | 186.28 Mn | 186.28 Mn | - |
| 7 | Amrep | 124.06 Mn | 71.37 Mn | 4.41 Mn |
| 8 | Logistic Properties of the Americas | 105.87 Mn | 105.87 Mn | - |
| 9 | Smith Douglas Homes | 104.84 Mn | 90.64 Mn | 47.92 Mn |
| 10 | Sunrise Real Estate | 5.50 Mn | -72.06 Mn | -192,113.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 1.04 Mn |
| Jun 30, 2023 | 1.00 Mn |
| Mar 31, 2023 | 1.33 Mn |
| Dec 31, 2022 | 1.24 Mn |
| Sep 30, 2022 | 1.12 Mn |
| Jun 30, 2022 | 1.49 Mn |
| Mar 31, 2022 | 1.89 Mn |
| Dec 31, 2021 | 1.86 Mn |
| Sep 30, 2021 | 1.73 Mn |
| Jun 30, 2021 | 1.76 Mn |
| Mar 31, 2021 | 1.64 Mn |
| Dec 31, 2020 | 1.69 Mn |
| Sep 30, 2020 | 1.39 Mn |
| Jun 30, 2020 | 1.14 Mn |