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Spring Real Estate Investment Trust SEHK:1426 Stock Report

Last Price

HK$1.87

Market Cap

HK$2.7b

7D

3.3%

1Y

-21.1%

Updated

24 Apr, 2024

Data

Company Financials

Spring Real Estate Investment Trust

SEHK:1426 Stock Report

Market Cap: HK$2.7b

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.

1426 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends5/6

Spring Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Spring Real Estate Investment Trust
Historical stock prices
Current Share PriceHK$1.87
52 Week HighHK$2.42
52 Week LowHK$1.77
Beta0.67
1 Month Change2.75%
3 Month Change-6.50%
1 Year Change-21.10%
3 Year Change-31.00%
5 Year Change-46.26%
Change since IPO-41.56%

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
Would Shareholders Who Purchased Spring Real Estate Investment Trust's (HKG:1426) Stock Three Years Be Happy With The Share price Today?

Spring Real Estate Investment Trust (HKG:1426) Insiders Increased Their Holdings

Jan 29
Spring Real Estate Investment Trust (HKG:1426) Insiders Increased Their Holdings

What Kind Of Shareholders Hold The Majority In Spring Real Estate Investment Trust's (HKG:1426) Shares?

Dec 25
What Kind Of Shareholders Hold The Majority In Spring Real Estate Investment Trust's (HKG:1426) Shares?

Shareholder Returns

1426HK Office REITsHK Market
7D3.3%1.6%2.3%
1Y-21.1%-5.4%-10.9%

Return vs Industry: 1426 underperformed the Hong Kong Office REITs industry which returned -6.6% over the past year.

Return vs Market: 1426 underperformed the Hong Kong Market which returned -13.4% over the past year.

Price Volatility

Is 1426's price volatile compared to industry and market?
1426 volatility
1426 Average Weekly Movement3.9%
Office REITs Industry Average Movement2.4%
Market Average Movement7.4%
10% most volatile stocks in HK Market14.5%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 1426 has not had significant price volatility in the past 3 months.

Volatility Over Time: 1426's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013n/aKevin Leungwww.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

How do Spring Real Estate Investment Trust's earnings and revenue compare to its market cap?
1426 fundamental statistics
Market capHK$2.67b
Earnings (TTM)-HK$83.84m
Revenue (TTM)HK$791.93m

3.4x

P/S Ratio

-32.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1426 income statement (TTM)
RevenueCN¥732.45m
Cost of RevenueCN¥168.76m
Gross ProfitCN¥563.69m
Other ExpensesCN¥641.23m
Earnings-CN¥77.54m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.054
Gross Margin76.96%
Net Profit Margin-10.59%
Debt/Equity Ratio71.8%

How did 1426 perform over the long term?

See historical performance and comparison

Dividends

9.6%

Current Dividend Yield

65%

Payout Ratio
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