No Data
No Data
Fitch confirmed the Longhu (00960) rating and believes that operating property loans provide it with strong financing support
Confirm that its issuer and senior unsecured bonds are rated BB+
[Broker Focus] Southwest Securities maintains Longhu Group (00960)'s “holding” rating, indicating that the company's overall financial stability and improvement
Jinwu Financial News | According to the Southwest Securities Research Report, in 2023, Longhu Group (00960) achieved operating income of 18.74 billion yuan, a year-on-year decrease of 27.9%, achieving net profit attributable to mother of 12.85 billion yuan, a year-on-year decrease of 47.3%. Excluding changes in fair value, core net profit to mother fell 49.6% year-on-year to 11.35 billion yuan. Gross profit of 30.58 billion yuan, gross margin of 16.9%. The profit margin after core tax was 8.7%, -3.6 pp year on year, and the profit margin after core equity was 6.3%, -2.7 pp year on year. According to the bank, the company's finances are generally stable and improving
Nomura Adjusts Longfor Group Holdings' Price Target to HK$17.10 From HK$18.10, Keeps at Buy
06:25 AM EDT, 03/25/2024 (MT Newswires) -- Nomura Adjusts Longfor Group Holdings' Price Target to HK$17.10 From HK$18.10, Keeps at Buy Price (HKD): $10.66, Change: $+0.48, Percent Change: +4.72%
Analysts Offer Insights on Real Estate Companies: Longfor Group Holdings (OtherLNGPF) and CK Asset Holdings (OtherCHKGF)
[Broker Focus] Galaxy Securities maintains Longhu Group (00960) “Recommended” rating, indicating that revenue and performance are all under pressure
Jinwu Financial News | According to the Galaxy Securities Research Report, Longhu Group (00960) issued the 2023 results announcement. In 2023, the company achieved operating income of 18.737 billion yuan, a year-on-year decrease of 27.87%; net profit to mother of 12.85 billion yuan, a year-on-year decrease of 47.25%; and achieved a basic profit of 2.07 yuan per share. The bank indicates that the company's finances are stable, leverage is strictly controlled, and financing channels are smooth. Affected by factors such as the overall decline in the industry and the decline in gross margin, the company's performance in 2023 fell 47.25% year on year; due to the company's continued focus on the core, sales volume decreased and price increased in 2023; operations
[Hong Kong Stock Connect] Longhu Group (00960) rose 6.29%. Lyon and Damo all indicated that their performance was in line with expectations
Jinwu Financial News | Longhu Group (00960) continued to rise. As of press release, it reported HK$10.82, up 6.29%, with a turnover of HK$210 million. According to the news, Lyon issued a report saying that Longhu Group's basic profit fell 50% year-on-year last year, which is at the lower end of the financial security range. However, its operating and service revenue continues to rise and accounts for about 60% of profits. Growing recurring profits can provide financing support and better profit visibility. The bank lowered Longhu's profit forecast for this year by 23% and 21.6%, respectively, to reflect lower profit margins on property sales, but raised the target multiples because of the higher profit quality, Group
No Data