Earnings Alerts

China Overseas Land & Investment (688) Earnings: FY Net Income Falls Short of Estimates, Revenue and Gross Margin Also Below Forecasts

  • China Overseas Land reported a net income of 15.64 billion yuan, which was below the estimated 22.55 billion yuan.
  • Revenue for the fiscal year was 185.15 billion yuan, falling short of the expected 200.96 billion yuan.
  • The company’s net gearing ratio stands at 29.2%.
  • Total debt amounts to 241.56 billion yuan.
  • China Overseas Land has cash and bank balances totaling 124.17 billion yuan, exceeding the projected 113.23 billion yuan.
  • The gross margin is at 17.7%, which is lower than the estimated 19.2%.
  • Final dividend per share announced is 30 HK cents.
  • The company’s stock has received 28 buy recommendations, 4 hold positions, and no sell recommendations from analysts.

A look at China Overseas Land & Investment Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience2
Momentum4
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

China Overseas Land & Investment Limited, a global provider of real estate services, is positioned with a promising long-term outlook according to Smartkarma’s Smart Scores. With a strong Value score of 4, the company is perceived to be attractively priced based on its fundamentals. Additionally, receiving a solid Momentum score of 4 suggests positive market sentiment and potential for future growth.

While the company exhibits decent Growth and Dividend scores of 3 each, indicating steady development and income distribution to investors, its Resilience score of 2 flags some level of vulnerability to external economic factors. Overall, with a blend of favorable scores in key areas, China Overseas Land & Investment appears well-equipped to navigate the real estate market terrain and potentially deliver value to its stakeholders in the long run.


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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