Longfor Group Holdings Ltd
00960: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >& | LOCK|$$ | LOCK|ry><?wT |
Longfor Earnings: Valuation Cut by 20% on Lower Revenue and Higher Inventory Forecasts
Longfor's 2025 revenue and recurring operating profit declined by 23% and 76% year on year, respectively, consistent with its profit warning. Property development gross margin slid to negative 6.9% in 2025 from 6.1% in 2024, due to higher inventory write-offs and subdued selling prices.
