- China Overseas Land reported a 26% decrease in contract sales as of November.
- The monthly contracted sales amounted to 22.24 billion yuan.
- Year-to-date contracted sales reached 211.40 billion yuan.
- The company received 26 buy ratings and 4 hold ratings from analysts.
- No sell ratings were reported for China Overseas Land.
China Overseas Land & Investment on Smartkarma
Analysts on Smartkarma, such as Jacob Cheng, have been providing insightful coverage on China Overseas Land & Investment (COLI). In a recent report titled “COLI (688 HK): The Best Beta Play for China,” Cheng highlights key factors supporting a bullish stance on COLI. Cheng points to COLI as a State-Owned Enterprise (SOE) with no bankruptcy risk, recent bond issuances at historically low coupons, and a compelling valuation. With COLI positioned as a resilient player in the residential development sector, Cheng sees it strengthening its market position amidst the current market conditions.
Cheng’s analysis emphasizes the significance of COLI’s recent bond issuances at rates lower than China’s Loan Prime Rate (LPR), indicating strong financial health and market confidence. Furthermore, the attractive valuation of COLI suggests limited downside risk, making it a prime candidate for investors seeking exposure to the Chinese market. Overall, analysts like Cheng view COLI as a strategic beta play for investors looking to capitalize on China’s growth potential.
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 specializing in real estate services with a global customer base, has been evaluated based on Smartkarma Smart Scores. The company has scored high in the Value and Resilience categories, indicating a positive long-term outlook. With strong fundamentals and resilience to market fluctuations, China Overseas Land & Investment is positioned well to weather economic uncertainties and potentially deliver value to investors in the long run.
Although not as high in the Dividend, Growth, and Momentum categories, the overall outlook for China Overseas Land & Investment remains favorable given its solid performance in key areas. Investors seeking a stable investment with growth potential may find China Overseas Land & Investment to be a reliable option based on its Smartkarma 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.
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