- China Overseas Land reported a Q1 revenue of 36.5 billion yuan, marking a 14% increase from the same time period last year.
- The operating profit of the company stood at 6.65 billion yuan, increasing slightly by 0.2% from the previous year.
- Together with its associates and joint ventures, the group realized contracted property sales of 60.21 billion yuan.
- The sales area corresponding to this revenue was 2.02 million square meters in Q1 2024.
- The Group’s net gearing and borrowing costs have been maintained at an industry-low level.
- 35 investment analysts recommended buying the company’s stocks, while none recommended holding or selling.
- The comparisons to past results are based on values reported by the company from its original disclosures.
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A look at China Overseas Land & Investment Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| 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 provides real estate services with a global customer base, is forecasted to have a positive long-term outlook based on Smartkarma Smart Scores. With a strong Value and Dividend score of 4 each, China Overseas Land & Investment demonstrates solid financial health and attractive return potential for investors. Although the Growth, Resilience, and Momentum scores are slightly lower at 3, indicating room for improvement in terms of growth opportunities and market performance, the overall outlook remains favorable for the company’s future prospects.
In summary, China Overseas Land & Investment Limited is positioned well within the real estate sector, with a reputable track record in developing, managing, and investing in commercial properties. The company’s high scores in Value and Dividend highlight its stability and income potential, while areas like Growth, Resilience, and Momentum suggest potential for enhancements that could further strengthen its position in the market over the long term.
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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