Spring REIT
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 REIT is managed by Spring Asset Management Limited, a company incorporated in Hong Kong. As at 31 December 2022, the Manager is 80.4 % owned by Mercuria Holdings Co., Ltd. (Mercuria Holdings), which is an investment holding company listed on the Tokyo Stock Exchange (Stock Code: 7347) with notable shareholders such as Development Bank of Japan, Itochu Corporation and Sumitomo Mitsui Trust Bank, Limited. Show More...
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Website https://www.springreit.com
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Sector Real Estate
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Industry REIT-Diversified
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Last Quote 1.70 HKD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share CNY 1.1 0.39 0.41 0.23 0.56 0.3 0.02 0.15 0.15 Dividends CNY 0.010 0.22 0.22 0.17 0.2 0.15 0.15 Payout Ratio % * 30.7 31.4 275.1 78.2 147.4 99.7 Shares Mil 1.098 1.098 1.106 1.118 1.128 1.21 1.268 1.443 1.443 Book Value Per Share * HKD 4.41 6.11 5.98 6.1 6.07 5.79 5.59 Free Cash Flow Per Share * HKD 0.29 0.39 0.41 0.36 0.36 0.34 0.31 Return on Assets % 15.34 5.16 5.31 2.98 6.84 3.61 0.31 2.15 2.15 Financial Leverage (Average) 2.09 1.63 1.56 1.59 1.59 1.59 1.62 Return on Equity % 32.03 9.39 8.45 4.7 10.9 5.74 0.5 Return on Invested Capital % 20.14 7.53 6.89 4.48 8.25 4.89 1.76 Interest Coverage 7.7 3.43 4.12 2.75 5.62 3.85 1.21 2.49 2.49 Current Ratio 0.16 3.55 2.28 2.63 2.48 1.11 1.96 1.12 1.12 Quick Ratio 0.09 1.92 0.67 0.89 0.91 0.29 0.51 1.09 1.09 Debt/Equity 0.59 0.52 0.55 0.55 0.5 0.57