Earnings Alerts

Longfor Properties (960) Earnings: July Contracted Sales Reach 7.51B Yuan, YTD at 58.63B Yuan

  • July Contracted Sales: Longfor Group reported contracted sales of 7.51 billion yuan for July 2024.
  • Year-to-Date (YTD) Contracted Sales: The group’s total contracted sales for the year up to July 2024 stand at 58.63 billion yuan.
  • Analyst Ratings: Longfor Group has received 29 buys, 2 holds, and 0 sell ratings from analysts.

Longfor Properties on Smartkarma



Analyst coverage of Longfor Properties on Smartkarma includes insights from Leonard Law, CFA. In one of the Morning Views Asia reports, Leonard Law leans bearish on companies like HPCL-Mittal Energy Ltd, JSW Steel Ltd, Lenovo, and Lippo Malls Indonesia Retail Trust. These reports provide fundamental credit analysis, opinions, and trade recommendations based on recent company-specific developments.

In contrast, Leonard Law holds a bullish view on Lippo Karawaci, Softbank Group, Meituan, and other companies in separate Morning Views Asia reports. These reports offer detailed analysis and trade recommendations, highlighting market indicators and key macroeconomic events. The diverse coverage on Smartkarma provides investors with varying perspectives on companies like Longfor Properties, aiding in informed investment decisions.



A look at Longfor Properties Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.6

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 prominent player in the Chinese property market, has received high Smart Scores across several key factors. With top scores in both Value and Dividend, Longfor Properties demonstrates a strong financial position and a commitment to rewarding its investors. While its Growth score is slightly lower, indicating moderate growth prospects, the company’s solid fundamentals remain intact. In terms of Resilience and Momentum, Longfor Properties scored lower but still holds a steady position in the market.

Looking ahead, Longfor Properties seems positioned for long-term success with its robust valuation, attractive dividend yield, and potential for growth in the dynamic property sector. Despite facing some resilience and momentum challenges, the company’s strategic focus on property development, investment, and management in China provides a solid foundation for future opportunities and sustained performance in the market.


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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