China Overseas Land & Investment Ltd
00688: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Xc | LOCK|d? | LOCK|>Sp^ND |
COLI Earnings: Bottom Line Deteriorated, but Balance Sheet Stayed Strong; Shares Undervalued
China Overseas Land and Investment posted weak numbers for 2024 as revenue and operating profit declined by 9% and 34% year on year, respectively. However, the firm's balance sheet remained healthy, with a 29.2% net gearing ratio for 2024 versus 38.7% for 2023.
