Longfor posted a 33% and 60% year-on-year decline in revenue and recurring operating profit, respectively, in the first half of 2026. Results were in line with its profit warning, with earnings deterioration driven by weaker revenue recognition and lower selling prices in property development.
Limited supply of land banks in higher-tier cities can support demand and shore up selling prices for Longfor’s projects.
The subdued home-buying sentiment, coupled with population decline, may lead to slower sales growth.
|
Metric
|
00960
|
01109
|
000002
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.58 | 13.12 | — |
Price/Book Value | 0.20 | 0.65 | 0.50 |
Price/Sales | 0.45 | 0.77 | 0.26 |
Price/Cash Flow | — | 3.43 | — |
|
Metric
|
00960
|
01109
|
000002
|
|---|---|---|---|
Quick Ratio | 0.68 | 0.51 | 0.45 |
Current Ratio | 1.73 | 1.61 | 1.18 |
Interest Coverage | 3.85 | 18.92 | −8.10 |
|
Metric
|
00960
|
01109
|
000002
|
|---|---|---|---|
Return on Assets (Normalized) | 0.17% | 2.05% | −5.26% |
Return on Equity (Normalized) | 0.60% | 7.92% | −40.69% |
Return on Invested Capital (Normalized) | 0.37% | 3.33% | −8.21% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Sun Hung Kai Properties Ltd
SUHJF
| — | LOCK|?s | $39B | |||
| Sun Hung Kai Properties Ltd ADR
SUHJY
| — | LOCK|!$t | $39B | |||
| China Resources Land Ltd ADR
CRBJY
| — | LOCK|zg> | $27B | |||
| CK Asset Holdings Ltd ADR
CNGKY
| — | LOCK|?Z | $20B | |||
| CK Asset Holdings Ltd
CHKGF
| — | LOCK|B>Z | $20B | |||
| China Overseas Land & Investment Ltd ADR
CAOVY
| — | LOCK|Pv% | $18B | |||
| China Overseas Land & Investment Ltd
CAOVF
| — | LOCK|!G | $18B | |||
| Hongkong Land Holdings Ltd
HKHGF
| — | LOCK|r!Wv | $17B | |||
| Hongkong Land Holdings Ltd ADR
HNGKY
| — | LOCK|>&TW$ | $17B | |||
| Daiwa House Industry Co Ltd
DWAHF
| — | — | — | $17B |
United States