- In August, China Overseas Land reported a slight decrease in contract sales by 0.7%.
- The company’s contracted sales amounted to 18.33 billion yuan for the month of August.
- Year-to-date, China Overseas Land has achieved contracted sales totaling 150.33 billion yuan.
- The company’s stock is viewed favorably by analysts, with 25 buy recommendations and 4 hold recommendations; there are no sell recommendations.
China Overseas Land & Investment on Smartkarma
Analysts on Smartkarma are buzzing about China Overseas Land & Investment, with Jacob Cheng leading the charge. In his report titled “COLI (688 HK): The Best Beta Play for China,” Cheng expresses a bullish sentiment on the company. He highlights key factors such as the absence of bankruptcy risk as a state-owned enterprise, issuing bonds at historically low coupons (1.80% for 5 years and 2.37% for 10 years), and the company’s attractive valuation. Cheng sees COLI as a strong player in the residential development sector, gaining market share even in the current downturn, making it a compelling investment opportunity in the Chinese market.
A look at China Overseas Land & Investment Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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 that specializes in real estate services, is positioned for a positive long-term outlook based on Smartkarma Smart Scores. The company has strong scores in areas such as value and resilience, indicating a solid standing in terms of its financial stability and investment potential. With a focus on developing, managing, and investing in commercial properties, China Overseas Land & Investment is well-positioned to benefit from its global customer base.
Despite having slightly lower scores in growth and momentum, the overall outlook for China Overseas Land & Investment remains positive. The company’s solid performance in value and resilience factors provides a foundation for long-term success in the real estate market. Investors looking for a stable and reliable option within the real estate sector may find China Overseas Land & Investment an attractive choice based on its Smart Scores assessment.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
