1426 Stock Overview
Spring Real Estate Investment Trust (“Spring REIT”, stock code: 1426) is a real estate investment trust which invests in high quality income-producing real estate. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 6/6 |
My Notes
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Spring Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.86 |
| 52 Week High | HK$2.25 |
| 52 Week Low | HK$1.77 |
| Beta | 0.64 |
| 1 Month Change | -1.06% |
| 3 Month Change | -3.13% |
| 1 Year Change | -7.46% |
| 3 Year Change | -32.85% |
| 5 Year Change | -42.41% |
| Change since IPO | -41.88% |
Recent News & Updates
Recent updates
Would Shareholders Who Purchased Spring Real Estate Investment Trust's (HKG:1426) Stock Three Years Be Happy With The Share price Today?
Mar 05
Spring Real Estate Investment Trust (HKG:1426) Insiders Increased Their Holdings
Jan 29
What Kind Of Shareholders Hold The Majority In Spring Real Estate Investment Trust's (HKG:1426) Shares?
Dec 25Shareholder Returns
| 1426 | HK Office REITs | HK Market | |
|---|---|---|---|
| 7D | 0.5% | -1.0% | 0.9% |
| 1Y | -7.5% | -0.6% | 22.3% |
Return vs Industry: 1426 underperformed the Hong Kong Office REITs industry which returned -0.6% over the past year.
Return vs Market: 1426 underperformed the Hong Kong Market which returned 22.3% over the past year.
Price Volatility
| 1426 volatility | |
|---|---|
| 1426 Average Weekly Movement | 1.6% |
| Office REITs Industry Average Movement | 2.5% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in HK Market | 13.8% |
| 10% least volatile stocks in HK Market | 3.1% |
Stable Share Price: 1426 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 1426's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | n/a | Kevin Leung | www.springreit.com |
Spring Real Estate Investment Trust (“Spring REIT”, stock code: 1426) is a real estate investment trust which invests in high quality income-producing real estate. Listed on 5 December 2013 on the Hong Kong Stock Exchange, Spring REIT’s property portfolio comprises (i) two Premium Grade office buildings strategically located in the Central Business District of Beijing, (ii) a landmark shopping mall Huamao Place in Huizhou, Greater Bay Area, and (iii) a long-income portfolio of commercial properties in the United Kingdom. Spring REIT seeks to offer to Unitholders stable distributions and the potential for sustainable long-term growth through investing in a diversified portfolio of income-producing real estate.
Spring Real Estate Investment Trust Fundamentals Summary
| 1426 fundamental statistics | |
|---|---|
| Market cap | HK$2.71b |
| Earnings (TTM) | HK$61.58m |
| Revenue (TTM) | HK$780.33m |
44.1x
P/E Ratio3.5x
P/S RatioIs 1426 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1426 income statement (TTM) | |
|---|---|
| Revenue | CN¥730.51m |
| Cost of Revenue | CN¥169.75m |
| Gross Profit | CN¥560.76m |
| Other Expenses | CN¥503.11m |
| Earnings | CN¥57.65m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.04 |
| Gross Margin | 76.76% |
| Net Profit Margin | 7.89% |
| Debt/Equity Ratio | 73.6% |
How did 1426 perform over the long term?
See historical performance and comparisonDividends
9.3%
Current Dividend Yield57%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 18:40 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Spring Real Estate Investment Trust is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zengxiang Jin | Mizuho Securities Asia Limited |
| Yosuke Ohata | Mizuho Securities Co., Ltd. |