Earnings Alerts

China Resources Land (1109) Earnings: August Contracted Sales Hit 15.20B Yuan, YTD Sales Down 25.1%

By September 12, 2024 No Comments
  • China Res Land reported contracted sales worth 15.20 billion yuan for August 2024.
  • The company’s contract sales have decreased by 25.1% Year-To-Date (YTD).
  • Year-To-Date (YTD) contracted sales amount to 155.40 billion yuan.
  • Analyst ratings for the company show 34 buys, with no holds or sells.

A look at China Resources Land Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
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

Based on the Smartkarma Smart Scores, China Resources Land Limited shows promising long-term potential. With strong scores in Value and Dividend at 4, the company is well-positioned in terms of its financial attractiveness and ability to provide returns to investors. While scoring slightly lower in Growth, Resilience, and Momentum at 3, China Resources Land still demonstrates stability and potential for consistent performance over time.

China Resources Land Limited is a property development company that also offers corporate financing and electrical engineering services. The company’s solid Value and Dividend scores indicate good financial health and potential for returns, while its slightly lower scores in Growth, Resilience, and Momentum suggest room for improvement in terms of expansion, adaptability, and market traction.


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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