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Spring Real Estate Investment Trust SEHK:1426 Stock Report

Last Price

HK$1.91

Market Cap

HK$2.8b

7D

0.5%

1Y

0%

Updated

21 Nov, 2024

Data

Company Financials

Spring Real Estate Investment Trust

SEHK:1426 Stock Report

Market Cap: HK$2.8b

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

1426 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health0/6
Dividends6/6

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$1.91
52 Week HighHK$2.30
52 Week LowHK$1.77
Beta0.65
11 Month Change-4.50%
3 Month Change0%
1 Year Change0%
33 Year Change-28.73%
5 Year Change-41.77%
Change since IPO-40.31%

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
7D0.5%0.7%0.4%
1Y0%0.6%12.0%

Return vs Industry: 1426 matched 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 12% over the past year.

Price Volatility

Is 1426's price volatile compared to industry and market?
1426 volatility
1426 Average Weekly Movement2.8%
Office REITs Industry Average Movement2.6%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.3%

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 (3%) 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$2.79b
Earnings (TTM)HK$61.96m
Revenue (TTM)HK$785.16m

45.0x

P/E Ratio

3.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1426 income statement (TTM)
RevenueCN¥730.51m
Cost of RevenueCN¥169.75m
Gross ProfitCN¥560.76m
Other ExpensesCN¥503.11m
EarningsCN¥57.65m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.04
Gross Margin76.76%
Net Profit Margin7.89%
Debt/Equity Ratio73.6%

How did 1426 perform over the long term?

See historical performance and comparison

Dividends

9.1%

Current Dividend Yield

57%

Payout Ratio