Earnings Alerts

Analysis: China Resources Land (1109) Earnings Decline Amid March Contracted Sales Totalling 30.11B Yuan

• China Res Land witnessed a contracted sales figure of 30.11 billion yuan in March 2024

• The Contract sales change has reflected a drop by -22.4% on a Year To Date (YTD) basis

• Year To Date (YTD) contracted sales for the company totalled 50.72 billion yuan

• Investment opinion on the company leans towards buying, with 34 buys, no holds and no sells


A look at China Resources Land Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.4

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 Resources Land Limited, a company specializing in property development and investments, has garnered positive Smart Scores across various key factors. With solid scores in dividend, growth, and resilience, the company appears well-positioned for long-term success. A score of 4 in both dividend and growth signifies a strong outlook in terms of both returns to shareholders and potential for expansion. Additionally, a resilience score of 3 suggests the company’s ability to weather economic uncertainties and maintain stability. While the value and momentum scores sit at 3, indicating room for improvement, the overall positive assessment bodes well for China Resources Land‘s future prospects in the real estate sector.

China Resources Land Limited has received commendable ratings across key Smartkarma Smart Scores, emphasizing its favorable long-term outlook. Boasting a balanced blend of strengths in dividend, growth, and resilience, the company showcases a robust foundation for sustained success in the property development realm. Offering corporate financing and electrical engineering services in addition to its core activities, China Resources Land underscores a diversified business portfolio. Although there is room for improvement in terms of value and momentum, the company’s overall positive Smart Scores highlight its potential for consistent growth and shareholder returns in the foreseeable future.

### China Resources Land Limited, through its subsidiaries, develops and invests in properties. The Company also provides corporate financing and electrical engineering services. ###


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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