China Property_ 2024 Results Preview_ Weak Earnings, Worsened Balance Sheets, Uncertain Outlook
Bazaarvoice·2025-02-13 06:50
February 10, 2025 09:41 PM GMT China Property | Asia Pacific 2024 Results Preview: Weak Earnings, Worsened Balance Sheets, Uncertain Outlook With shrinkage of revenue booking for development business, continuing margin compression and potentially large impairment losses, given the house price decline, developers may report weaker earnings and balance sheets than the market expects. SOE players with quality landbank should outperform. Key Takeaways Stock ideas: Industry performance may hinge on any persisten ...