Industry Financials
How to evaluate financials of a company in the Real estate investments industry?
1. Review the company’s income statement: The income statement shows a company’s revenue, expenses, and profits over a specific period of time. For real estate companies, look for consistent revenue growth, controlled expenses, and stable profits. Pay attention to any major fluctuations or trends in revenue and expenses.
2. Analyze the balance sheet: The balance sheet shows a company’s assets, liabilities, and shareholders’ equity. Look for a strong balance sheet with a healthy amount of assets and minimal liabilities. Real estate companies rely heavily on debt, so it is important to ensure that they have enough assets to cover their liabilities.
3. Examine the cash flow statement: The cash flow statement provides insight into how the company manages its cash, both inflows and outflows. Look for positive operating cash flow, which indicates that the company is generating enough cash from its operations. Negative cash flow from investing and financing activities are common for real estate companies due to their large capital expenditures.
4. Calculate key financial ratios: Financial ratios can help you understand the company’s performance and financial health. Some important ratios to consider for real estate companies include:
- Debt-to-equity ratio: This indicates how much of the company’s financing is coming from debt. Real estate companies typically have a high debt-to-equity ratio, but a ratio above 1 may indicate a high-risk investment.
- Return on equity (ROE): This measures how efficiently the company is using its shareholders’ investments to generate profits. A higher ROE is generally preferred.
- Rental yield: This is the annual rental income divided by the property’s market value. It can help determine the potential return on an investment property.
- Gross and net operating income: These measures show the profitability of a property and can help assess the company’s overall performance.
- Price-to-earnings (P/E) ratio: This compares the company’s stock price to its earnings per share and can help determine if the stock is overvalued or undervalued.
5. Research the company’s assets and properties: A major source of revenue for real estate companies is rental income from properties. Evaluate the quality and location of the properties owned or managed by the company. Look for properties in stable or growing markets with high occupancy rates.
6. Consider the company’s debt levels and financing: Real estate companies typically rely on debt to finance their properties and investments. Review the company’s debt levels and make sure they are manageable. Consider the company’s financing options and how they may impact their future performance.
7. Analyze the company’s management team: The experience and track record of a company’s management team are important factors to consider. Look for a team with a strong background in real estate and a history of successful investments.
8. Keep an eye on market trends and industry outlook: The real estate market can be influenced by economic, social, and political factors. Pay attention to any potential risks or opportunities that could impact the company’s performance.
9. Compare to competitors: Look at how the company’s financials compare to its competitors in the same industry. This can provide additional insights into the company’s strengths and weaknesses.
Overall, evaluating the financials of a real estate company requires a thorough analysis of its financial statements, key ratios, properties, and management team. It is important to consider not only the current financial performance but also the company’s potential for future growth and success in the industry.
What are the cost structures and profit margins in the Real estate investments industry?
The cost structures and profit margins in the real estate investments industry can vary depending on the type of investment and the market conditions. Generally, there are three main cost structures in real estate investments: acquisition costs, holding costs, and exit costs.
1. Acquisition costs: These are the expenses incurred when purchasing a property, such as the purchase price, closing costs, and due diligence fees. These costs can vary greatly depending on the type of property and its location.
2. Holding costs: These are the ongoing expenses associated with owning and operating a property. The main holding costs include property taxes, insurance, maintenance, and utilities. In some cases, there may also be property management fees and financing costs.
3. Exit costs: These are the expenses incurred when selling or refinancing a property. This may include marketing and brokerage fees, loan prepayment penalties, and any necessary repairs or upgrades to increase the property's value.
Profit margins in real estate investments can also fluctuate depending on the type of investment and market conditions. Some of the main factors that can affect profit margins include:
1. Property appreciation: The increase in property value over time can significantly increase the profit margins for investors.
2. Rental income: For rental properties, cash flow from rental income can provide a steady stream of income, increasing profit margins.
3. Expenses: Keeping expenses low, such as reducing holding costs and optimizing property management, can increase profit margins.
4. Market conditions: The overall health of the real estate market, including supply and demand, interest rates, and economic trends, can impact profit margins for investors.
In conclusion, the cost structures and profit margins in the real estate investments industry can vary depending on the specific investment and market conditions. However, maintaining a balance between acquisition costs, holding costs, and exit costs while maximizing property value and rental income can lead to higher profit margins for investors.
What is the size of the Real estate investments industry in terms of revenue and market share?
CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDIwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDwh LS0gWVlZOi BJbnNlcnQg eW91ciBsb2 dvIGltYWdl IGhlcmUgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PGltZyBzcm M9ImFzc2V0 cy9sb2dvcy 9mMWp4ZUdl bHlKQjQ0bj Fkc2tWUy53 ZWJwIiBhbH Q9IlRpbWJl cmNyZWVrIE ZpbmFuY2lh bCBDb3JwIi B0aXRsZT0i VGltYmVyY3 JlZWsgRmlu YW5jaWFsIE NvcnAiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OW8J+R gCBXYW50IH RvIHJlYWQg bW9yZSBhYm 91dCBUaW1i ZXJjcmVlay BGaW5hbmNp YWwgQ29ycD 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9c2ln bnVwJyBzdH lsZT0nCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBiYWNr Z3JvdW5kLW NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgY2 9sb3I6ICNm ZmY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBwYWRkaW 5nOiAxMHB4 IDIwcHg7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBib3 JkZXItcmFk aXVzOiA1cH g7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogYm9s ZDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG1hcmdpbi 1yaWdodDog MTBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRyYW 5zaXRpb246 IGJhY2tncm 91bmQtY29s b3IgMC4zcy BlYXNlOycK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2Vvdm VyPSd0aGlz LnN0eWxlLm JhY2tncm91 bmRDb2xvcj 0iIzAwNTZi MyIKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PHNwYW4gc3 R5bGU9J21h cmdpbjogMC A4cHg7IGNv bG9yOiAjNT U1Oyc+b3I8 L3NwYW4+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1sb2dp bicgc3R5bG U9JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IHVuZGVy bGluZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiA1MDA7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG xvZyBpbgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Cg ogICAgICAg ICAgICA=
How do fluctuations in input costs or external factors impact the Real estate investments industry economics?
CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDIwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDwh LS0gWVlZOi BJbnNlcnQg eW91ciBsb2 dvIGltYWdl IGhlcmUgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PGltZyBzcm M9ImFzc2V0 cy9sb2dvcy 9mMWp4ZUdl bHlKQjQ0bj Fkc2tWUy53 ZWJwIiBhbH Q9IlRpbWJl cmNyZWVrIE ZpbmFuY2lh bCBDb3JwIi B0aXRsZT0i VGltYmVyY3 JlZWsgRmlu YW5jaWFsIE NvcnAiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OW8J+R gCBXYW50IH RvIHJlYWQg bW9yZSBhYm 91dCBUaW1i ZXJjcmVlay BGaW5hbmNp YWwgQ29ycD 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9c2ln bnVwJyBzdH lsZT0nCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBiYWNr Z3JvdW5kLW NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgY2 9sb3I6ICNm ZmY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBwYWRkaW 5nOiAxMHB4 IDIwcHg7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBib3 JkZXItcmFk aXVzOiA1cH g7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogYm9s ZDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG1hcmdpbi 1yaWdodDog MTBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRyYW 5zaXRpb246 IGJhY2tncm 91bmQtY29s b3IgMC4zcy BlYXNlOycK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2Vvdm VyPSd0aGlz LnN0eWxlLm JhY2tncm91 bmRDb2xvcj 0iIzAwNTZi MyIKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PHNwYW4gc3 R5bGU9J21h cmdpbjogMC A4cHg7IGNv bG9yOiAjNT U1Oyc+b3I8 L3NwYW4+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1sb2dp bicgc3R5bG U9JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IHVuZGVy bGluZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiA1MDA7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG xvZyBpbgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Cg ogICAgICAg ICAgICA=
What are the big costs in the Real estate investments industry?
CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDIwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDwh LS0gWVlZOi BJbnNlcnQg eW91ciBsb2 dvIGltYWdl IGhlcmUgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PGltZyBzcm M9ImFzc2V0 cy9sb2dvcy 9mMWp4ZUdl bHlKQjQ0bj Fkc2tWUy53 ZWJwIiBhbH Q9IlRpbWJl cmNyZWVrIE ZpbmFuY2lh bCBDb3JwIi B0aXRsZT0i VGltYmVyY3 JlZWsgRmlu YW5jaWFsIE NvcnAiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OW8J+R gCBXYW50IH RvIHJlYWQg bW9yZSBhYm 91dCBUaW1i ZXJjcmVlay BGaW5hbmNp YWwgQ29ycD 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9c2ln bnVwJyBzdH lsZT0nCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBiYWNr Z3JvdW5kLW NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgY2 9sb3I6ICNm ZmY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBwYWRkaW 5nOiAxMHB4 IDIwcHg7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBib3 JkZXItcmFk aXVzOiA1cH g7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogYm9s ZDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG1hcmdpbi 1yaWdodDog MTBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRyYW 5zaXRpb246 IGJhY2tncm 91bmQtY29s b3IgMC4zcy BlYXNlOycK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2Vvdm VyPSd0aGlz LnN0eWxlLm JhY2tncm91 bmRDb2xvcj 0iIzAwNTZi MyIKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PHNwYW4gc3 R5bGU9J21h cmdpbjogMC A4cHg7IGNv bG9yOiAjNT U1Oyc+b3I8 L3NwYW4+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1sb2dp bicgc3R5bG U9JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IHVuZGVy bGluZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiA1MDA7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG xvZyBpbgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Cg ogICAgICAg ICAgICA=
What was the average P/E ratio at the Real estate investments industry in the recent years?
CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDIwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDwh LS0gWVlZOi BJbnNlcnQg eW91ciBsb2 dvIGltYWdl IGhlcmUgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PGltZyBzcm M9ImFzc2V0 cy9sb2dvcy 9mMWp4ZUdl bHlKQjQ0bj Fkc2tWUy53 ZWJwIiBhbH Q9IlRpbWJl cmNyZWVrIE ZpbmFuY2lh bCBDb3JwIi B0aXRsZT0i VGltYmVyY3 JlZWsgRmlu YW5jaWFsIE NvcnAiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OW8J+R gCBXYW50IH RvIHJlYWQg bW9yZSBhYm 91dCBUaW1i ZXJjcmVlay BGaW5hbmNp YWwgQ29ycD 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9c2ln bnVwJyBzdH lsZT0nCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBiYWNr Z3JvdW5kLW NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgY2 9sb3I6ICNm ZmY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBwYWRkaW 5nOiAxMHB4 IDIwcHg7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBib3 JkZXItcmFk aXVzOiA1cH g7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogYm9s ZDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG1hcmdpbi 1yaWdodDog MTBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRyYW 5zaXRpb246 IGJhY2tncm 91bmQtY29s b3IgMC4zcy BlYXNlOycK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2Vvdm VyPSd0aGlz LnN0eWxlLm JhY2tncm91 bmRDb2xvcj 0iIzAwNTZi MyIKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PHNwYW4gc3 R5bGU9J21h cmdpbjogMC A4cHg7IGNv bG9yOiAjNT U1Oyc+b3I8 L3NwYW4+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1sb2dp bicgc3R5bG U9JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IHVuZGVy bGluZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiA1MDA7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG xvZyBpbgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Cg ogICAgICAg ICAgICA=
What was the average Dividend Payout Ratio ratio at the Real estate investments industry in the recent years?
CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDIwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDwh LS0gWVlZOi BJbnNlcnQg eW91ciBsb2 dvIGltYWdl IGhlcmUgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PGltZyBzcm M9ImFzc2V0 cy9sb2dvcy 9mMWp4ZUdl bHlKQjQ0bj Fkc2tWUy53 ZWJwIiBhbH Q9IlRpbWJl cmNyZWVrIE ZpbmFuY2lh bCBDb3JwIi B0aXRsZT0i VGltYmVyY3 JlZWsgRmlu YW5jaWFsIE NvcnAiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OW8J+R gCBXYW50IH RvIHJlYWQg bW9yZSBhYm 91dCBUaW1i ZXJjcmVlay BGaW5hbmNp YWwgQ29ycD 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9c2ln bnVwJyBzdH lsZT0nCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBiYWNr Z3JvdW5kLW NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgY2 9sb3I6ICNm ZmY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBwYWRkaW 5nOiAxMHB4 IDIwcHg7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBib3 JkZXItcmFk aXVzOiA1cH g7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogYm9s ZDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG1hcmdpbi 1yaWdodDog MTBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRyYW 5zaXRpb246 IGJhY2tncm 91bmQtY29s b3IgMC4zcy BlYXNlOycK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2Vvdm VyPSd0aGlz LnN0eWxlLm JhY2tncm91 bmRDb2xvcj 0iIzAwNTZi MyIKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PHNwYW4gc3 R5bGU9J21h cmdpbjogMC A4cHg7IGNv bG9yOiAjNT U1Oyc+b3I8 L3NwYW4+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1sb2dp bicgc3R5bG U9JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IHVuZGVy bGluZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiA1MDA7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG xvZyBpbgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Cg ogICAgICAg ICAgICA=
What was the average Return on Sales ratio at the Real estate investments industry in the recent years?
CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDIwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDwh LS0gWVlZOi BJbnNlcnQg eW91ciBsb2 dvIGltYWdl IGhlcmUgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PGltZyBzcm M9ImFzc2V0 cy9sb2dvcy 9mMWp4ZUdl bHlKQjQ0bj Fkc2tWUy53 ZWJwIiBhbH Q9IlRpbWJl cmNyZWVrIE ZpbmFuY2lh bCBDb3JwIi B0aXRsZT0i VGltYmVyY3 JlZWsgRmlu YW5jaWFsIE NvcnAiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OW8J+R gCBXYW50IH RvIHJlYWQg bW9yZSBhYm 91dCBUaW1i ZXJjcmVlay BGaW5hbmNp YWwgQ29ycD 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9c2ln bnVwJyBzdH lsZT0nCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBiYWNr Z3JvdW5kLW NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgY2 9sb3I6ICNm ZmY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBwYWRkaW 5nOiAxMHB4 IDIwcHg7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBib3 JkZXItcmFk aXVzOiA1cH g7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogYm9s ZDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG1hcmdpbi 1yaWdodDog MTBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRyYW 5zaXRpb246 IGJhY2tncm 91bmQtY29s b3IgMC4zcy BlYXNlOycK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2Vvdm VyPSd0aGlz LnN0eWxlLm JhY2tncm91 bmRDb2xvcj 0iIzAwNTZi MyIKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PHNwYW4gc3 R5bGU9J21h cmdpbjogMC A4cHg7IGNv bG9yOiAjNT U1Oyc+b3I8 L3NwYW4+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1sb2dp bicgc3R5bG U9JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IHVuZGVy bGluZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiA1MDA7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG xvZyBpbgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Cg ogICAgICAg ICAgICA=
What was the average Return on Assets ratio at the Real estate investments industry in the recent years?
CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDIwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDwh LS0gWVlZOi BJbnNlcnQg eW91ciBsb2 dvIGltYWdl IGhlcmUgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PGltZyBzcm M9ImFzc2V0 cy9sb2dvcy 9mMWp4ZUdl bHlKQjQ0bj Fkc2tWUy53 ZWJwIiBhbH Q9IlRpbWJl cmNyZWVrIE ZpbmFuY2lh bCBDb3JwIi B0aXRsZT0i VGltYmVyY3 JlZWsgRmlu YW5jaWFsIE NvcnAiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OW8J+R gCBXYW50IH RvIHJlYWQg bW9yZSBhYm 91dCBUaW1i ZXJjcmVlay BGaW5hbmNp YWwgQ29ycD 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9c2ln bnVwJyBzdH lsZT0nCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBiYWNr Z3JvdW5kLW NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgY2 9sb3I6ICNm ZmY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBwYWRkaW 5nOiAxMHB4 IDIwcHg7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBib3 JkZXItcmFk aXVzOiA1cH g7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogYm9s ZDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG1hcmdpbi 1yaWdodDog MTBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRyYW 5zaXRpb246 IGJhY2tncm 91bmQtY29s b3IgMC4zcy BlYXNlOycK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2Vvdm VyPSd0aGlz LnN0eWxlLm JhY2tncm91 bmRDb2xvcj 0iIzAwNTZi MyIKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PHNwYW4gc3 R5bGU9J21h cmdpbjogMC A4cHg7IGNv bG9yOiAjNT U1Oyc+b3I8 L3NwYW4+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1sb2dp bicgc3R5bG U9JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IHVuZGVy bGluZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiA1MDA7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG xvZyBpbgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Cg ogICAgICAg ICAgICA=
What was the average Return on Equity ratio at the Real estate investments industry in the recent years?
CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDIwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDwh LS0gWVlZOi BJbnNlcnQg eW91ciBsb2 dvIGltYWdl IGhlcmUgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PGltZyBzcm M9ImFzc2V0 cy9sb2dvcy 9mMWp4ZUdl bHlKQjQ0bj Fkc2tWUy53 ZWJwIiBhbH Q9IlRpbWJl cmNyZWVrIE ZpbmFuY2lh bCBDb3JwIi B0aXRsZT0i VGltYmVyY3 JlZWsgRmlu YW5jaWFsIE NvcnAiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OW8J+R gCBXYW50IH RvIHJlYWQg bW9yZSBhYm 91dCBUaW1i ZXJjcmVlay BGaW5hbmNp YWwgQ29ycD 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9c2ln bnVwJyBzdH lsZT0nCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBiYWNr Z3JvdW5kLW NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgY2 9sb3I6ICNm ZmY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBwYWRkaW 5nOiAxMHB4 IDIwcHg7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBib3 JkZXItcmFk aXVzOiA1cH g7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogYm9s ZDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG1hcmdpbi 1yaWdodDog MTBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRyYW 5zaXRpb246 IGJhY2tncm 91bmQtY29s b3IgMC4zcy BlYXNlOycK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2Vvdm VyPSd0aGlz LnN0eWxlLm JhY2tncm91 bmRDb2xvcj 0iIzAwNTZi MyIKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PHNwYW4gc3 R5bGU9J21h cmdpbjogMC A4cHg7IGNv bG9yOiAjNT U1Oyc+b3I8 L3NwYW4+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1sb2dp bicgc3R5bG U9JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IHVuZGVy bGluZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiA1MDA7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG xvZyBpbgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Cg ogICAgICAg ICAgICA=
What was the average Gross Margin at the Real estate investments industry in the recent years?
CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDIwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDwh LS0gWVlZOi BJbnNlcnQg eW91ciBsb2 dvIGltYWdl IGhlcmUgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PGltZyBzcm M9ImFzc2V0 cy9sb2dvcy 9mMWp4ZUdl bHlKQjQ0bj Fkc2tWUy53 ZWJwIiBhbH Q9IlRpbWJl cmNyZWVrIE ZpbmFuY2lh bCBDb3JwIi B0aXRsZT0i VGltYmVyY3 JlZWsgRmlu YW5jaWFsIE NvcnAiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OW8J+R gCBXYW50IH RvIHJlYWQg bW9yZSBhYm 91dCBUaW1i ZXJjcmVlay BGaW5hbmNp YWwgQ29ycD 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9c2ln bnVwJyBzdH lsZT0nCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBiYWNr Z3JvdW5kLW NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgY2 9sb3I6ICNm ZmY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBwYWRkaW 5nOiAxMHB4 IDIwcHg7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBib3 JkZXItcmFk aXVzOiA1cH g7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogYm9s ZDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG1hcmdpbi 1yaWdodDog MTBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRyYW 5zaXRpb246 IGJhY2tncm 91bmQtY29s b3IgMC4zcy BlYXNlOycK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2Vvdm VyPSd0aGlz LnN0eWxlLm JhY2tncm91 bmRDb2xvcj 0iIzAwNTZi MyIKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PHNwYW4gc3 R5bGU9J21h cmdpbjogMC A4cHg7IGNv bG9yOiAjNT U1Oyc+b3I8 L3NwYW4+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1sb2dp bicgc3R5bG U9JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IHVuZGVy bGluZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiA1MDA7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG xvZyBpbgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Cg ogICAgICAg ICAgICA=
What was the average Operating Margin at the Real estate investments industry in the recent years?
CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDIwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDwh LS0gWVlZOi BJbnNlcnQg eW91ciBsb2 dvIGltYWdl IGhlcmUgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PGltZyBzcm M9ImFzc2V0 cy9sb2dvcy 9mMWp4ZUdl bHlKQjQ0bj Fkc2tWUy53 ZWJwIiBhbH Q9IlRpbWJl cmNyZWVrIE ZpbmFuY2lh bCBDb3JwIi B0aXRsZT0i VGltYmVyY3 JlZWsgRmlu YW5jaWFsIE NvcnAiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OW8J+R gCBXYW50IH RvIHJlYWQg bW9yZSBhYm 91dCBUaW1i ZXJjcmVlay BGaW5hbmNp YWwgQ29ycD 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9c2ln bnVwJyBzdH lsZT0nCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBiYWNr Z3JvdW5kLW NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgY2 9sb3I6ICNm ZmY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBwYWRkaW 5nOiAxMHB4 IDIwcHg7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBib3 JkZXItcmFk aXVzOiA1cH g7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogYm9s ZDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG1hcmdpbi 1yaWdodDog MTBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRyYW 5zaXRpb246 IGJhY2tncm 91bmQtY29s b3IgMC4zcy BlYXNlOycK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2Vvdm VyPSd0aGlz LnN0eWxlLm JhY2tncm91 bmRDb2xvcj 0iIzAwNTZi MyIKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgZm9y IGZyZWUKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PHNwYW4gc3 R5bGU9J21h cmdpbjogMC A4cHg7IGNv bG9yOiAjNT U1Oyc+b3I8 L3NwYW4+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1sb2dp bicgc3R5bG U9JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC B0ZXh0LWRl Y29yYXRpb2 46IHVuZGVy bGluZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiA1MDA7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG xvZyBpbgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Cg ogICAgICAg ICAgICA=