Earnings Alerts

China Overseas Land & Investment (688) Earnings: April Contract Sales Plummet by 36%

  • China Overseas Land reports a 36% decline in April contract sales.
  • The total contracted sales in that month amounted to 21.80 billion yuan.
  • Year-to-Date (YTD) value of contracted sales is reported to be 82.00 billion yuan.
  • The company received 35 buy ratings, with zero holds or sell ratings from analysts.

A look at China Overseas Land & Investment Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
Momentum5
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

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Based on Smartkarma Smart Scores, China Overseas Land & Investment Limited shows promise for long-term growth in the real estate sector. With a strong Momentum score of 5, indicating positive market trends, the company is poised for potential future success. Additionally, scoring well in Value at 4 reflects a favorable valuation, while its scores of 3 in Dividend, Growth, and Resilience signify a balanced approach to financial performance and risk management.

As a provider of real estate services focused on developing, managing, and investing in commercial properties, China Overseas Land & Investment caters to a global customer base. The company’s solid Smartkarma Smart Scores paint a picture of a company with good growth potential, strong market momentum, and prudent financial management practices, making it an interesting prospect for investors seeking exposure to the real estate sector.

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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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