Earnings Alerts

China Overseas Land & Investment (688) Earnings: 1H Revenue Surpasses Estimates with Strong Financial Performance

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  • China Overseas Land’s first-half revenue surpasses estimates, reaching 83.22 billion yuan, compared to the forecast of 80.43 billion yuan.
  • The company’s cash and bank balances stand at 108.96 billion yuan.
  • Contracted property sales total 120.15 billion yuan.
  • An interim dividend of 25 Hong Kong cents per share has been declared.
  • Analyst recommendations include 25 buy ratings, 4 hold ratings, and no sell ratings.

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China Overseas Land & Investment on Smartkarma



Analysts on Smartkarma are highlighting China Overseas Land & Investment (COLI) as a promising investment opportunity. Jacob Cheng, in his report titled “COLI (688 HK): The Best Beta Play for China,” expresses a bullish sentiment towards COLI. Cheng points out key factors such as being a state-owned enterprise with no bankruptcy risk, issuing bonds at historically low coupon rates (1.80% for 5 years and 2.37% for 10 years), and having a historically low valuation. He sees COLI as a strong contender in the market, gaining market share even in the current downturn, and evolving into a more robust market leader. Cheng believes that COLI’s downside risk is limited, making it an attractive beta play for China.



A look at China Overseas Land & Investment Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Overseas Land & Investment Limited, a company specializing in real estate services with a global customer base, has received impressive Smart Scores across different categories. With strong ratings in Value, Resilience, and Momentum, the company appears to be in a solid position for long-term growth and stability. The high Value score suggests that the company is currently trading at an attractive price relative to its fundamentals, which could indicate potential for investors. Moreover, the high Resilience score reflects the company’s ability to weather uncertainties and maintain its performance over time, further adding to its investment appeal.

Despite slightly lower scores in Dividend and Growth categories, the overall outlook for China Overseas Land & Investment seems positive. The company’s competitive position in the real estate sector, coupled with its strong fundamental metrics, bodes well for its future prospects. Investors looking for a promising opportunity in the real estate market may find China Overseas Land & Investment an attractive option based on its solid Smart Scores and global reach.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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