Earnings Alerts

China Overseas Land & Investment (688) Earnings Reveal 33% Dip in September Contract Sales

By October 10, 2024 No Comments
  • China Overseas Land reported a decline in contract sales by 33% in September.
  • The company achieved contracted sales worth 18.82 billion yuan for the month.
  • Year-to-date contracted sales totaled 198.85 billion yuan.
  • Investment sentiment shows confidence with 31 buy ratings.
  • There are only 2 hold ratings and no sell ratings for the company.

A look at China Overseas Land & Investment Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience2
Momentum5
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 Overseas Land & Investment Limited, a company that provides real estate services with a global customer base, has received a promising long-term outlook based on the Smartkarma Smart Scores. With a strong Momentum score of 5, indicating positive market momentum, the company is likely to attract investor interest and show continued growth. Additionally, a Value score of 4 suggests that the company’s stock is undervalued compared to its intrinsic worth, potentially presenting an opportunity for investors seeking value in the market.

While China Overseas Land & Investment scores moderately on Dividend and Growth factors with scores of 3 for both, indicating a stable dividend policy and moderate growth prospects, the Resilience score of 2 implies some level of vulnerability to market fluctuations. Overall, the combination of these scores paints a picture of a company with solid momentum and value proposition, providing investors with an optimistic outlook for the future.


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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