Earnings Alerts

China Overseas Land & Investment (688) Earnings Report: Contracted Sales Dip to 8.49B Yuan in February

  • China Overseas Land reported contracted sales of 8.49 billion yuan in February.
  • This is a significant decrease of 69% compared to the same period last year.
  • Year-to-date, the company’s contracted sales amount to 19.00 billion yuan.
  • This year-to-date figure also represents a 53% decrease on a year-on-year basis.
  • The company has received 34 buys, with 0 holds and 0 sells.
  • All comparisons to past results are based on values reported by from the company’s original disclosures.

A look at China Overseas Land & Investment Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum2
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

According to the Smartkarma Smart Scores, China Overseas Land & Investment has a positive long-term outlook. The company has received high scores in both value and dividend, indicating that it is a good investment option for those looking for stable returns. This is further supported by its strong resilience score, which suggests that the company is well-equipped to weather any potential challenges in the market.

While China Overseas Land & Investment has received slightly lower scores in growth and momentum, these factors are still positive overall. This means that the company is expected to continue growing and performing well in the long run, but may not experience rapid growth or sudden increases in stock prices. Overall, China Overseas Land & Investment is a solid choice for investors looking for a stable and reliable real estate company with global reach.

Summary: China Overseas Land & Investment is a real estate company that develops, manages, and invests in commercial properties. It has received high scores in value, dividend, and resilience, indicating its stability and potential for good returns. While its growth and momentum scores are slightly lower, the company is still expected to perform well in the long term. China Overseas Land & Investment serves customers globally.


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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