Earnings Alerts

China Resources Land (1109) Earnings: December Contracted Sales Soar to 32.0B Yuan

By January 14, 2025 No Comments
  • China Res Land reported contracted sales worth 32.0 billion yuan for December.
  • There was a significant year-to-date increase in contracted sales, rising by 52.4%.
  • Total year-to-date contracted sales amounted to 261.1 billion yuan.
  • The investment community showed strong confidence with 34 buy recommendations, and there were no hold or sell recommendations from analysts.

China Resources Land on Smartkarma

Analyst coverage of China Resources Land on Smartkarma by Jacob Cheng highlights the company as a play on China’s retail and consumption recovery. Cheng points out the high uncertainty on trade for China’s future growth, emphasizing the importance of government focus on consumption. Considering the disappointment in markets post the China NPC meeting with policies mainly on debt, Cheng sees China’s need to boost local consumption. While Cheng favors COLI as a pure residential developer, China Resources Land stands out for its exposure to China’s consumption recovery through retail malls. Despite potential risks like equity placement, Cheng sees upside potential for the stock as long as it trades below HKD35 per share.


A look at China Resources Land Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.2

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 assessed China Resources Land Limited’s long-term outlook using their Smart Scores methodology. The company received solid ratings across various factors, with a strong value and dividend score of 4 each, indicating favorable financial metrics and payout to shareholders. While growth scored a 3, signaling moderate future expansion potential, resilience and momentum scored 2 and 3 respectively, reflecting some challenges and momentum in the company’s performance.

China Resources Land Limited is a property development company that also offers corporate financing and electrical engineering services. Despite facing some resilience challenges and having moderate growth prospects, the company’s strong value and dividend scores suggest a solid financial foundation and commitment to rewarding shareholders, which may bode well for its long-term performance.


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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