Earnings Alerts

Sino Land Co (83) Earnings: FY Underlying Profit Falls Short of Estimates with 15% Y/Y Decrease

  • Sino Land’s underlying profit for the fiscal year was HK$5.17 billion, a 15% drop from last year.
  • Analysts had estimated the underlying profit to be HK$5.37 billion.
  • The net income reported was HK$4.40 billion, which is a 25% decrease from the previous year.
  • Net income fell short of the estimated HK$5.54 billion.
  • Revenue stood at HK$8.77 billion, showing a year-on-year decline of 26%.
  • The revenue estimate had been HK$9.03 billion.
  • The final dividend per share was 43 HK cents, consistent with last year’s dividend.
  • Analyst recommendations: 12 buys, 2 holds, 0 sells.

Sino Land Co on Smartkarma

Analyst coverage of Sino Land Co on Smartkarma includes insights from David Blennerhassett on CEO & Director dealings as of 15 March 2024. In the report, which can be found on Smartkarma, Blennerhassett analyzes shareholding disclosures from the HKEx website. The report covers several companies, with a focus on Sino Land among others such as Hysan, FE Consortium, and Champion REIT. The sentiment lean in this analysis is bullish, providing valuable information for investors interested in these companies.

This analysis highlights key information on Sino Land Co, shedding light on important market activities and trends. Investors can gain insights into shareholding changes and potential implications for the company’s performance. With independent analysts like David Blennerhassett contributing to Smartkarma, investors have access to in-depth research that can help guide their investment decisions in companies like Sino Land Co and others mentioned in the report.


A look at Sino Land Co Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.8

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

Analysts at Smartkarma have assessed Sino Land Co and provided a comprehensive overview of the company’s long-term outlook based on their Smart Scores. With strong scores in Value, Dividend, Resilience, and Momentum (all scoring above 3), Sino Land Co is positioned favorably across multiple key factors. This indicates a positive outlook for the company in terms of its current value, dividend potential, ability to weather market downturns, and overall market momentum.

Sino Land Co, a company engaged in property development, investment, securities trading, and financing services, has received solid ratings across various categories according to Smartkarma’s assessment. While scoring slightly lower in Growth, the company’s overall scores reflect a robust performance in key areas essential for long-term success in the market. Investors may take note of Sino Land Co‘s favorable position as indicated by its Smart Scores in Value, Dividend, Resilience, and Momentum.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars