China Resources Land Ltd ADR CRBJY
Morningstar’s Analysis
1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
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Company Profile
China Resources Land Ltd is a large Chinese real estate developer. As at the end of 2019, the company had more than 250 development projects in 80 cities and 116 investment properties in operation or under construction. Property development accounts for 85% of earnings, followed by property investments (10%) and ancillary property operations (5%). The company is a subsidiary of China Resources Holding, a large state-owned enterprise conglomerate with diverse holdings in utility, consumer goods, retail, and property. CRH holds a 61% stake.
Hong Kong, 100035, Cayman Islands