- China Overseas Land's gross profit margin has been declining in the past two years, and its reliance on public land tenders makes it relatively more vulnerable to increasing land prices.
- China Overseas Land has a relatively low net gearing of 33%, and this could potentially give the company an edge in future land tenders, considering the introduction of new policies.
- China Overseas Land trades at 4.1 times consensus forward FY 2021 P/E and 0.53 times trailing P/B, and it offers a forward FY 2021 dividend yield of 7.6%.
For further details see:
China Overseas Land: Market's Focus Is On Land Prices And Leverage