Longfor Group Holdings Ltd
00960: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Nl | LOCK|!@$ | LOCK|v@#q<>l |
Longfor Earnings: Weak Property Development Margin Offset by Stable Recurring Earnings
Longfor's core net profit declined by 70% year on year in the first half of 2025, consistent with its profit warning. While property development gross margin slumped to 0.2% from 7.4% for the year-ago period, nondevelopment segments maintained an over 50% gross margin.
