Longfor Properties (960) Earnings: August Contracted Sales Reach 6.51 Billion Yuan

Longfor Properties on Smartkarma

Analyst coverage on Longfor Properties at Smartkarma by Leonard Law, CFA provides valuable insights for investors. In a recent report, Lucror Analytics analyzed Longfor Group’s H1 FY 2024 results. The report acknowledged the acceptable performance despite an expected earnings decline driven by challenges in the Property Development segment. However, the company demonstrated robust earnings growth from rentals and services, maintaining a healthy profit from recurring income. Looking ahead, the report anticipates Longfor reducing debt through operating cash flow and refinancing strategies, with low near-term default risk due to a supportive mall pipeline.

Furthermore, Lucror Analytics also evaluated Longfor Group’s Environmental, Social, and Governance (ESG) scores, deeming them “Adequate” and “Strong,” with controversies rated as “Immaterial.” This in-depth analysis by Leonard Law, CFA showcases a comprehensive understanding of Longfor Properties‘ financial performance and ESG practices, offering investors a well-rounded perspective for informed decision-making.

A look at Longfor Properties Smart Scores

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

Longfor Properties Co. Ltd., a company operating in property development and management in China, shows a promising long-term outlook according to Smartkarma Smart Scores. With top scores in Value and Dividend, Longfor Properties is positioned well in terms of its financial health and ability to provide returns to investors. Although Growth, Resilience, and Momentum scores are more moderate, the company’s solid foundation and focus on value creation and dividends showcase a strong strategic position for long-term success.

Investors looking at Longfor Properties can expect a company that excels in value and dividend aspects while also exhibiting potential for growth and resilience. Despite modest scores in growth, resilience, and momentum, the company’s strengths in value and dividends provide a stable base for future performance. Overall, with a diversified portfolio and a focus on sustainable growth, Longfor Properties appears to be a solid choice for investors seeking stability and returns in the long run.

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.
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