Spring Real Estate Investment Trust (HKSE:01426) OCF Margin %: 73.86% (As of Dec. 2025) — 12% Above Median

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HKSE:01426 Spring Real Estate Investment Trust HKSE:01426
62 GF Score
Price HK$1.17
GF Value HK$1.68
Valuation Possible Value Trap
! 11 Warning Signs
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What is Spring Real Estate Investment Trust OCF Margin %?

Spring Real Estate Investment Trust HKSE:01426 62 OCF Margin % is 73.86% as of Dec. 2025, which is 12% above its 10-year median of 65.90. GuruFocus rates HKSE:01426 with a GF Score™ of 62/100 and a GF Value™ of HK$1.68 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 932 REITs companies, Spring Real Estate Investment Trust ranks better than 67.49% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Spring Real Estate Investment Trust's Cash Flow from Operations for the six months ended in Dec. 2025 was HK$243.5 Mil. Spring Real Estate Investment Trust's Revenue for the six months ended in Dec. 2025 was HK$329.7 Mil. Therefore, Spring Real Estate Investment Trust's OCF Margin % for the quarter that ended in Dec. 2025 was 73.86%.

As of today, Spring Real Estate Investment Trust's current OCF Yield % is 25.57%.

The historical rank and industry rank for Spring Real Estate Investment Trust's OCF Margin % or its related term are showing as below:

HKSE:01426' s OCF Margin % Range Over the Past 10 Years
Min: 57.29   Med: 65.9   Max: 68.82
Current: 64.95


During the past 13 years, the highest OCF Margin % of Spring Real Estate Investment Trust was 68.82%. The lowest was 57.29%. And the median was 65.90%.

HKSE:01426's OCF Margin % is ranked better than
67.49% of 932 companies
in the REITs industry
Industry Median: 48.875 vs HKSE:01426: 64.95


Spring Real Estate Investment Trust OCF Margin % Related Terms


Spring Real Estate Investment Trust OCF Margin % Historical Data

* Premium members only.

The historical data trend for Spring Real Estate Investment Trust's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spring Real Estate Investment Trust OCF Margin % Chart

Spring Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.75 67.47 66.05 57.29 64.90

Spring Real Estate Investment Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.24 54.84 59.89 56.61 73.86

HKSE:01426 vs VICI, WPC, BNL: OCF Margin % Comparison

For the REIT - Diversified subindustry, Spring Real Estate Investment Trust's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spring Real Estate Investment Trust OCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Spring Real Estate Investment Trust's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Spring Real Estate Investment Trust's OCF Margin % falls into.


HKSE:01426
62GF Score
Spring Real Estate Investment Trust HKSE:01426
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spring Real Estate Investment Trust OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Spring Real Estate Investment Trust's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=445.288/686.084
=64.90 %

Spring Real Estate Investment Trust's OCF Margin for the quarter that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=243.548/329.746
=73.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 73.86% mean?
Spring Real Estate Investment Trust (HKSE:01426) has a OCF Margin % of 73.86% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Spring Real Estate Investment Trust and its competitors. This is 12% above median its historical median of 65.90. Over the past decade, Spring Real Estate Investment Trust's OCF Margin % has ranged from 57.29 to 68.82. According to the industry distribution chart, Spring Real Estate Investment Trust ranks #303 out of 932 companies in the REITs industry, placing it in the top 32.5%.
Is Spring Real Estate Investment Trust's OCF Margin % too high?
Spring Real Estate Investment Trust's current OCF Margin % of 73.86% is 12% above median its 10-year median of 65.90. Over the past 10 years, this metric has ranged from a low of 57.29 to a high of 68.82. The REITs industry median OCF Margin % is 48.88. Spring Real Estate Investment Trust's value of 73.86% is 51.1% above this industry median. Based on the distribution chart, Spring Real Estate Investment Trust ranks #303 out of 932 companies in the REITs industry, which is above the industry midpoint. Overall, Spring Real Estate Investment Trust has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spring Real Estate Investment Trust's OCF Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Spring Real Estate Investment Trust ranks #303 out of 932 companies for OCF Margin %. This puts Spring Real Estate Investment Trust in the upper half of its industry. The industry median OCF Margin % is 48.88. Spring Real Estate Investment Trust's value of 73.86% is 51.1% above this benchmark. Historically, Spring Real Estate Investment Trust's own OCF Margin % has ranged from 57.29 to 68.82 over the past decade. While the company's 10-year median is 65.90 vs. the industry median of 48.88, Spring Real Estate Investment Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 48.88, based on 932 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spring Real Estate Investment Trust's current OCF Margin % of 73.86% is 51.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Spring Real Estate Investment Trust and its competitors. For the REITs industry, the median OCF Margin % is 48.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Real Estate Investment Trust's current OCF Margin % is 73.86%, which is 12% above median its own 10-year median of 65.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spring Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Spring Real Estate Investment Trust (HKSE:01426) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.68, compared to a current price of HK$1.17 — trading 30.4% below its estimated fair value. The current OCF Margin % is 73.86%, which is 12% above median its 10-year median of 65.90 and 51.1% above the REITs industry median of 48.88. Spring Real Estate Investment Trust's overall GF Score™ is 62/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Spring Real Estate Investment Trust (HKSE:01426), the current OCF Margin % is 73.86% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spring Real Estate Investment Trust (HKSE:01426) Overvalued in 2026?

Based on GuruFocus' analysis, Spring Real Estate Investment Trust stock appears to be undervalued. The current stock price of HK$1.17 is trading 30.4% below its estimated GF Value™ of HK$1.68. GuruFocus considers Spring Real Estate Investment Trust to be Possible Value Trap.

Key valuation signals for HKSE:01426:

  • OCF Margin %: 73.86% (12% above median its 10-year median of 65.90)
  • GF Value™: HK$1.68 vs. price of HK$1.17 (30.4% below fair value)
  • GF Score™: 62/100 with 11 warning signs
  • Industry Position: 51.1% above the REITs median (#303 of 932)

No single metric tells the full story. See the HKSE:01426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spring Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 31 Queen’s Road, Room 2602, 26th Floor, LHT Tower, Central, Hong Kong, HKG
Spring Real Estate Investment Trust is a real estate investment trust. The group holds investment properties in China and the United Kingdom and is principally engaged in property investment. The company generates revenue from three sources, namely, Rental income, Car park income, and other income. A majority of the company's revenue is produced by the Rental income segment.
62GF Score

Get the complete analysis for HKSE:01426

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$1.17
Price
HK$1.68
GF Value