Stock 1426 SPRING REAL ESTATE INVESTMENT TRUST
Add to a list
To use this feature you must be a member
Log inSign up

Financials Spring Real Estate Investment Trust

Equities

1426

HK0000174232

Commercial REITs

Market Closed - Hong Kong S.E.
Other stock markets
 04:09:00 2024-05-03 EDT 		5-day change 1st Jan Change
1.88 HKD +0.53% Intraday chart for Spring Real Estate Investment Trust -1.05% -17.54%
04-26 Spring Real Estate Investment Trust Announces Unaudited Operating Results for the Quarter Ended 31 March 2024 CI
03-21 Spring Real Estate Investment Trust Announces Final Distribution for the Period from 1 July 2023 to 31 December 2023, Payable on 29 April 2024 CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,866 3,700 3,320 3,095 3,148 2,984
Enterprise Value (EV) 2 4,381 7,296 6,218 5,878 7,653 7,868
P/E ratio 826 x 18.8 x -13.6 x 6.06 x 111 x -39.1 x
Yield 0.81% 5.87% 7.41% 8.53% 8.85% 8.32%
Capitalization / Revenue 45.8 x 6.77 x 6.23 x 5.86 x 5.45 x 4.07 x
EV / Revenue 51.9 x 13.3 x 11.7 x 11.1 x 13.2 x 10.7 x
EV / EBITDA - - - - - -
EV / FCF 103 x 55.3 x 27.1 x 30.5 x 24.5 x 40 x
FCF Yield 0.97% 1.81% 3.69% 3.27% 4.08% 2.5%
Price to Book 4.18 x 0.57 x 0.52 x 0.46 x 0.48 x 0.49 x
Nbr of stocks (in thousands) 1,272,357 1,285,813 1,460,873 1,472,384 1,484,931 1,440,094
Reference price 3 3.038 2.878 2.272 2.102 2.120 2.072
Announcement Date 19-04-16 20-04-15 21-04-23 22-04-22 23-04-24 24-04-24
1CNY in Million2USD in Million3CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 84.34 546.6 533.2 528.4 577.9 732.4
EBITDA - - - - - -
EBIT 1 51.96 344.8 325.4 331.1 374.1 334.4
Operating Margin 61.6% 63.08% 61.03% 62.66% 64.74% 45.66%
Earnings before Tax (EBT) 1 4.703 225.2 -187.3 516.4 221.9 -8.561
Net income 1 4.654 223.1 -189.9 510 28.35 -77.54
Net margin 5.52% 40.81% -35.62% 96.5% 4.91% -10.59%
EPS 2 0.003679 0.1533 -0.1666 0.3470 0.0191 -0.0530
Free Cash Flow 1 42.58 132 229.5 192.4 312.4 196.8
FCF margin 50.48% 24.16% 43.04% 36.41% 54.06% 26.86%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) 914.82% 59.19% - 37.73% 1,101.75% -
Dividend per Share 2 0.0245 0.1690 0.1684 0.1792 0.1875 0.1725
Announcement Date 19-04-16 20-04-15 21-04-23 22-04-22 23-04-24 24-04-24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 515 3,596 2,898 2,782 4,506 4,884
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 42.6 132 229 192 312 197
ROE (net income / shareholders' equity) 0.48% 3.48% -2.95% 7.78% 1.67% -0.73%
ROA (Net income/ Total Assets) 2.11% 2.08% 2.02% 2.11% 2.05% 1.63%
Assets 1 220.8 10,720 -9,405 24,147 1,383 -4,770
Book Value Per Share 2 0.7300 5.010 4.400 4.530 4.420 4.260
Cash Flow per Share 2 0.0100 0.1000 0.1100 0.1100 0.1400 0.1500
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 19-04-16 20-04-15 21-04-23 22-04-22 23-04-24 24-04-24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Office REITs

1st Jan change Capi.
SPRING REAL ESTATE INVESTMENT TRUST Stock Spring Real Estate Investment Trust
-17.54% 349M
BOSTON PROPERTIES, INC. Stock Boston Properties, Inc.
-13.38% 9.55B
NIPPON BUILDING FUND INC. Stock Nippon Building Fund Inc.
+0.49% 6.83B
JAPAN REAL ESTATE INVESTMENT CORPORATION Stock Japan Real Estate Investment Corporation
-6.85% 5.06B
DEXUS Stock DEXUS
-8.20% 5B
KDX REALTY INVESTMENT CORPORATION Stock KDX Realty Investment Corporation
-2.11% 4.23B
EMBASSY OFFICE PARKS REIT Stock Embassy Office Parks REIT
+8.75% 4.01B
KILROY REALTY CORPORATION Stock Kilroy Realty Corporation
-14.83% 3.98B
SL GREEN REALTY CORP. Stock SL Green Realty Corp.
+13.95% 3.34B
INMOBILIARIA COLONIAL SOCIMI, S.A. Stock Inmobiliaria Colonial SOCIMI, S.A.
-13.74% 3.24B
Office REITs
  1. Stock Market
  2. Equities
  3. 1426 Stock
  4. Financials Spring Real Estate Investment Trust