Earnings Alerts

China Resources Land (1109) Earnings: May Contracted Sales Reach 20.70 Billion Yuan Amid 33.9% Decline

  • China Res Land reported contracted sales of 20.70 billion yuan for May 2024.
  • Contracted sales decreased by 33.9% compared to the previous period.
  • Analysts’ recommendations include 35 buys, with no holds or sells.

A look at China Resources Land Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
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 Resources Land Limited’s long-term outlook appears positive based on the Smartkarma Smart Scores. With a solid Growth score of 4 and Momentum score of 4, the company is positioned for potential future expansion and upward movement in the market. Additionally, its Value and Dividend scores at 3 reflect a stable financial standing and potential for returns to investors. However, the company’s Resilience score is lower at 2, indicating some vulnerability to market fluctuations and economic challenges.

China Resources Land Limited, known for its property development and investment activities, also offers corporate financing and electrical engineering services. The combination of growth potential, stable financial value, and dividend returns, aligns with a company poised for long-term success. Investors may find China Resources Land an attractive option for growth and returns in the real estate and related sectors.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars