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Spring Real Estate Investment TrustSEHK:1426 Stock Report

Market Cap HK$2.5b
Share Price
HK$1.71
My Fair Value
HK$2.74
37.7% undervalued intrinsic discount
1Y-10.0%
7D-1.2%
Portfolio Value
View

Spring Real Estate Investment Trust

SEHK:1426 Stock Report

Market Cap: HK$2.5b

Spring Real Estate Investment Trust (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
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends4/6

1426 Community Fair Values

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Spring Real Estate Investment Trust Competitors

Price History & Performance

Summary of share price highs, lows and changes for Spring Real Estate Investment Trust
Historical stock prices
Current Share PriceHK$1.71
52 Week HighHK$2.10
52 Week LowHK$1.60
Beta0.43
1 Month Change0.59%
3 Month Change-1.16%
1 Year Change-10.00%
3 Year Change-35.47%
5 Year Change-31.05%
Change since IPO-46.56%

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
7D-1.2%1.2%2.2%
1Y-10.0%12.7%36.9%

Return vs Industry: 1426 underperformed the Hong Kong Office REITs industry which returned 12.7% over the past year.

Return vs Market: 1426 underperformed the Hong Kong Market which returned 36.9% over the past year.

Price Volatility

Is 1426's price volatile compared to industry and market?
1426 volatility
1426 Average Weekly Movement1.9%
Office REITs Industry Average Movement2.0%
Market Average Movement6.9%
10% most volatile stocks in HK Market15.4%
10% least volatile stocks in HK Market3.4%

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

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 (“UK Portfolio”). 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$2.51b
Earnings (TTM)-HK$51.01m
Revenue (TTM)HK$768.54m
3.3x
P/S Ratio
-49.3x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1426 income statement (TTM)
RevenueCN¥702.47m
Cost of RevenueCN¥171.19m
Gross ProfitCN¥531.28m
Other ExpensesCN¥577.91m
Earnings-CN¥46.63m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.032
Gross Margin75.63%
Net Profit Margin-6.64%
Debt/Equity Ratio70.0%

How did 1426 perform over the long term?

See historical performance and comparison

Dividends

8.9%
Current Dividend Yield
68%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/22 18:39
End of Day Share Price 2025/07/22 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
Zengxiang JinMizuho Securities Asia Limited
Yosuke OhataMizuho Securities Co., Ltd.