TheScreener - China Fortune Land Development Co. Ltd. Class A (600340) Increased risk weighs on CHINA FORTUNE LD.DEV.A, penalising its rating down to Slightly Negative

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Increased risk weighs on CHINA FORTUNE LD.DEV.'A', penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of CHINA FORTUNE LD.DEV.'A' (CN), active in the Real Estate Holding & Development industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date February 25, 2022, the closing price was CNY 3.12 and its target price was estimated at CNY 2.60.

26/02/2022 1 EN

Underlying

China Fortune Land Development Co. Ltd. Class A

China Fortune Land Development is engaged in the design, manufacture, installation and sale of thermostat and humidistat, cold storage and cold water units and other refrigeration equipments, fan coil pipes, air-conditioner and other air-conditioning terminal equipments, energy-conserved air purification systems, refrigerated containers and intelligent household central air-conditioning equipments; and provision of repair and maintenance and related information consultancy services. Through its subsidiaries, Co. is engaged in the provision of system integration services and sale of air-conditioning spare parts.

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CNE000001GG8 Shanghai Stock Exchange China

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Increased risk weighs on CHINA FORTUNE LD.DEV.'A', penalising its rating down to Slightly Negative

Empowering Investors

Monthly LMI Update Independent Investment Research

China Fortune Land Development Co Ltd: 1 director

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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