- In September 2024, Longfor Group reported contracted sales totaling 8.16 billion yuan.
- For the year-to-date period, Longfor Group’s contracted sales reached 73.30 billion yuan.
- The company’s stock has received positive attention with 29 analysts rating it as a ‘buy’.
- Only 4 analysts have rated the stock as a ‘hold’, indicating a generally favorable outlook.
- There are no analysts recommending a ‘sell’ for Longfor Group shares.
Longfor Properties on Smartkarma
Analyst coverage of Longfor Properties on Smartkarma offers a diverse range of insights from top independent analysts. Brian Freitas identifies high and low probability changes for the Hang Seng China Enterprises Index (HSCEI) in December, highlighting Longfor Properties‘ potential deletion and the inclusion of PICC Property & Casualty. On the bearish side, Janaghan Jeyakumar, CFA, suggests that Longfor Properties might be replaced in the HSCEI index by PICC Property & Casualty, emphasizing the potential capping flows this shift could create.
Conversely, Leonard Law, CFA, provides a bullish perspective through Lucror Analytics, analyzing Longfor Group’s H1 FY 2024 results. Despite an expected decline in earnings driven by lower property development revenue and margins, Law underscores the company’s ability to generate robust earnings from rentals and services. The analysis also points towards manageable debt levels and a solid outlook for Longfor’s refinancing strategy, positioning the company well for continued growth.
A look at Longfor Properties Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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, showcases a strong long-term outlook based on the Smartkarma Smart Scores. With top ratings in Value and Dividend factors, the company demonstrates solid financial health and commitment to shareholders through consistent payouts. While Growth and Resilience scores are moderate, the company shines in Momentum, indicating a positive trend for future performance.
Longfor Properties, operating in property development, investment, and management sectors in China, stands out for its robust value proposition and attractive dividend policy. Despite average scores in Growth and Resilience, the company’s strong Momentum score suggests promising prospects in the coming years. Investors may view Longfor Properties as a favorable long-term investment opportunity, given its solid fundamentals and positive market sentiment.
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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