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 | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 6/6 |
My Notes
Capture your thoughts, links and company narrative
Spring Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.87 |
| 52 Week High | HK$2.30 |
| 52 Week Low | HK$1.77 |
| Beta | 0.65 |
| 1 Month Change | -1.58% |
| 3 Month Change | -6.50% |
| 1 Year Change | -17.62% |
| 3 Year Change | -28.08% |
| 5 Year Change | -42.11% |
| 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
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 | -1.1% | 0.3% | 1.1% |
| 1Y | -17.6% | -3.6% | 17.6% |
Return vs Industry: 1426 underperformed the Hong Kong Office REITs industry which returned -3.6% over the past year.
Return vs Market: 1426 underperformed the Hong Kong Market which returned 17.6% over the past year.
Price Volatility
| 1426 volatility | |
|---|---|
| 1426 Average Weekly Movement | 2.6% |
| Office REITs Industry Average Movement | 2.6% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in HK Market | 17.8% |
| 10% least volatile stocks in HK Market | 3.9% |
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
| 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$2.73b |
| Earnings (TTM) | HK$61.33m |
| Revenue (TTM) | HK$777.21m |
44.5x
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
9.2%
Current Dividend Yield57%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 17:59 |
| End of Day Share Price | 2024/12/31 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 here.
Analysis Model and Snowflake
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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 .
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. |