Longfor Group Holdings Ltd 00960
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News
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Hong Kong Rebound May Not Last Even if Stimulus Hits
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Hong Kong Stocks Selloff Takes January Decline to 12%
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Chinese Property Stocks Fall on Subdued Sentiment Following Weak Sales
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China Property Stocks Rally as Shanghai, Beijing Invite Home Buyers
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Chinese Property Stocks Soar on Hopes of More Supportive Measures
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Chinese Developer Stocks Jump on Easing Mortgage Policy
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Chinese Developers' Shares Fall After Central Bank Holds Mortgage Rate
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Chinese Developers Jump on Policy Support From Major Cities
Trading Information
- Previous Close Price
- HKD 9.80
- Day Range
- HKD 9.89–11.22
- 52-Week Range
- HKD 7.86–23.65
- Bid/Ask
- HKD 10.98 / HKD 11.00
- Market Cap
- HKD 74.44 Bil
- Volume/Avg
- 71.6 Mil / 23.5 Mil
Key Statistics
- Price/Earnings (Normalized)
- 3.12
- Price/Sales
- 0.34
- Dividend Yield (Trailing)
- 11.17%
- Dividend Yield (Forward)
- 11.17%
- Total Yield
- 12.54%
Company Profile
Longfor Group Holdings, or Longfor, is a non-state-owned real estate developer in China with contracted sales value placing it among the top 10 of all China’s developers. The company focuses on developing high quality residential projects, as well as operating shopping malls and rental apartments in China’s wealthier cities. Property development represents the majority of Longfor’s revenue and gross profit, while income from commercial properties, property management and project management services have been growing fast. As at end-2023, Wu Yajun remained the largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Stock Style Box
- Large Value
- Total Number of Employees
- 29,918
- Website
- https://www.longfor.com
Competitors
Valuation
|
Metric
|
00960
|
00688
|
000002
|
|---|---|---|---|
Price/Earnings (Normalized) | 3.12 | 6.51 | 5.22 |
Price/Book Value | 0.43 | 0.37 | 0.33 |
Price/Sales | 0.34 | 0.68 | 0.17 |
Price/Cash Flow | 4.18 | 14.04 | 2.38 |
Price/Earnings
00960
00688
000002
Financial Strength
|
Metric
|
00960
|
00688
|
000002
|
|---|---|---|---|
Quick Ratio | 0.53 | 0.45 | — |
Current Ratio | 1.54 | 2.29 | — |
Interest Coverage | 42.11 | 40.83 | — |
Quick Ratio
00960
00688
000002
Profitability
|
Metric
|
00960
|
00688
|
000002
|
|---|---|---|---|
Return on Assets (Normalized) | 2.76% | 2.57% | — |
Return on Equity (Normalized) | 16.30% | 6.50% | — |
Return on Invested Capital (Normalized) | 4.91% | 3.78% | — |
Return on Assets
00960
00688
000002
Real Estate - Development Industry Comparables
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|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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CAOVF
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DWAHY
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