Earnings Alerts

China Resources Land (1109) Earnings Surge with November Contracted Sales Reaching 25.8B Yuan

By December 12, 2024 No Comments
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  • China Resources Land reported contracted sales worth 25.8 billion yuan in November.
  • The company has experienced a year-to-date increase of 6.9% in contracted sales.
  • Total year-to-date contracted sales amount to 229.1 billion yuan.
  • There are 34 buy recommendations for China Resources Land, with no hold or sell recommendations.

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China Resources Land on Smartkarma

Analysts on Smartkarma, like Jacob Cheng, are providing insightful coverage of China Resources Land. In his report titled “China Resources Land: A Play on China Retail and Consumption Recovery,” Cheng highlights the importance of China’s consumption growth amidst trade uncertainties. He points out that while the NPC meeting focused on debt policies, boosting local consumption is crucial for the country’s future. Cheng sees potential in China Resources Land as it offers investors exposure to China’s consumption recovery, particularly through its operations in retail malls. Despite potential risks like equity placement, Cheng believes there is upside for the stock, especially if it trades below HKD35 per share.


A look at China Resources Land Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.0

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, a property development and investment company, has been assessed using the Smartkarma Smart Scores across various key factors. With a solid score for Dividend and Momentum, indicating strong potential for consistent dividend payouts and steady stock performance, the company shows promise in providing returns to its investors. However, lower scores in Value, Growth, and Resilience suggest areas where improvements could be made to enhance long-term prospects. Investors may want to keep an eye on how China Resources Land navigates these challenges to capitalize on its strengths in the evolving market landscape.

Despite facing some areas for improvement, China Resources Land Limited’s core focus on property development and investment, along with additional services such as corporate financing and electrical engineering, positions it as a diversified player in the real estate sector. The combination of a decent dividend outlook and positive momentum reflects a company working towards creating value for its shareholders. Moving forward, addressing growth and resilience aspects could further solidify its long-term position in the market and attract more investors seeking stability and potential growth within the sector.


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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