Earnings Alerts

Longfor Properties (960) Reports Impressive Earnings: February Contracted Sales Reach 5.75B Yuan

  • Longfor Group’s contracted sales for February reached 5.75 billion yuan.
  • The aggregated recurring income of the company, up until the end of February, was approximately 4.19 billion yuan.
  • There have been 29 buys and 2 holds of the company’s stocks, with no sells reported.

Longfor Properties on Smartkarma

Longfor Properties, a Chinese real estate developer, has recently been covered by independent analysts on Smartkarma, an investment research network. Leonard Law, CFA, has published a Morning Views report on the company, providing fundamental credit analysis, opinions, and trade recommendations. According to Law, Longfor may face challenges in sustaining its competitive advantages due to industry issues and the resignation of its Chairlady. As a result, Law has a bearish sentiment on the company.

However, another Morning Views report by Leonard Law, CFA, takes a more positive stance on Longfor. Law believes that the company, which is known for being the best among private Chinese developers, may continue to outperform its peers. Jacob Cheng, another analyst on Smartkarma, also shares this sentiment, stating that Longfor has always been perceived as the best in the industry. However, Cheng also notes that the company’s valuation premium may narrow over time due to policy clampdowns and the resignation of its Chairlady. Despite this, Cheng and Law both have a bullish outlook on Longfor’s future performance.


A look at Longfor Properties Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum2
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. is a Chinese company that focuses on property development, investment, and management. According to Smartkarma’s Smart Scores, the company has a positive long-term outlook with high scores in several key factors. Its value and dividend scores are both at the maximum of 5, indicating strong financial performance and potential for returns to shareholders. The company also scores well in growth, with a score of 4, showing potential for future expansion and profitability. However, its resilience and momentum scores are lower, at 2 each, suggesting some potential challenges for the company in the future.

Overall, Longfor Properties Co. Ltd. is well-positioned in the Chinese property market, with a strong track record of financial performance and potential for growth. With high scores in value and dividend, the company may be an attractive investment option for those seeking stable and profitable returns. However, investors should also consider the lower resilience and momentum scores, which could indicate potential risks and challenges for the company in the future. By utilizing the Smartkarma Smart Scores, investors can make informed decisions about the long-term outlook for Longfor Properties and its potential as an investment opportunity.


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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