Earnings Alerts

China Overseas Land & Investment (688) Earnings: July Contract Sales Drop by 10.2%

  • China Overseas Land reported a 10.2% decrease in contract sales in July.
  • The total value of contract sales for July was 11.85 billion yuan.
  • Year-to-date (YTD) contracted sales have reached 132.00 billion yuan.
  • Market analysts’ recommendations for China Overseas Land consist of 25 “buy” ratings and 4 “hold” ratings, with no “sell” ratings currently.

China Overseas Land & Investment on Smartkarma

Analyst coverage of China Overseas Land & Investment on Smartkarma has highlighted the positive outlook for the company. According to Jacob Cheng‘s report titled “COLI (688 HK): The Best Beta Play for China,” the analysis leans bullish on COLI as a State-Owned Enterprise (SOE) with no bankruptcy risk. With bond issuances at historically low coupons and a low valuation, COLI is seen as a strong player in the market. Cheng emphasizes that even in the current downturn, COLI is gaining market share and evolving into a stronger market leader, making it an attractive investment option.

The report underscores the significance of COLI’s recent onshore bond issuance at exceptionally low coupons, lower than China’s Loan Prime Rate (LPR). With valuation at an all-time low and limited downside risk, Cheng views COLI as the perfect beta play for China. The analysis provides valuable insights for investors looking to capitalize on the company’s stability and growth potential in the market.


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

Analysts at Smartkarma have examined China Overseas Land & Investment Limited, a company that provides real estate services worldwide. The company has been given a promising outlook based on its Smart Scores: Value scored 4, Dividend 3, Growth 3, Resilience 4, and Momentum 4. These scores indicate positive factors for the company in the long term.

China Overseas Land & Investment is viewed favorably in terms of value, with a strong resilience to market dynamics and positive momentum. While the company’s dividend and growth scores are slightly lower, its overall outlook appears optimistic. Investors may find China Overseas Land & Investment an interesting prospect for long-term investment given its solid performance across multiple key factors.


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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