GuocoLand Limited’s Unit Signs Joint Venture Agreement to Develop Land in Singapore
December 20, 2023
☀️Trending News
GuocoLand Limited, a leading property developer in Singapore and Malaysia, has recently signed a joint venture agreement to construct a project on a plot of land in Singapore. GUOCOLAND LIMITED ($SGX:F17) is a leading real estate company listed on the Singapore Exchange that focuses on developing high-end residential, commercial, and integrated developments. Its portfolio includes a range of projects in key cities such as Singapore, Kuala Lumpur, Nanjing, Ho Chi Minh City, and Shanghai. GuocoLand has also established itself as one of the leading integrated property developers in the region, with a focus on creating vibrant urban living and leisure destinations. The company is committed to delivering quality projects that are highly sought-after by local and international investors, and creating value for its shareholders.
Market Price
On Tuesday, GUOCOLAND LIMITED stock opened at SG$1.4 and closed at SG$1.4, a decrease of 2.0% from its prior closing price of SG$1.5. This venture is expected to be completed in the coming months. The aim is to create an integrated and sustainable urban community in Singapore.
This agreement is the latest in a series of strategic moves by GUOCOLAND to create value for shareholders. The company is confident that the joint venture will provide maximum returns on its investments while helping to further strengthen the company’s position in the region. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Guocoland Limited. More…
| Total Revenues | Net Income | Net Margin |
| 1.54k | 207.09 | 15.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Guocoland Limited. More…
| Operations | Investing | Financing |
| 655.03 | -109.74 | -689.99 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Guocoland Limited. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.01k | 6.44k | 3.95 |
Key Ratios Snapshot
Some of the financial key ratios for Guocoland Limited are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.9% | 12.8% | 30.7% |
| FCF Margin | ROE | ROA |
| 42.2% | 6.4% | 2.5% |
Analysis
At GoodWhale, we have conducted an analysis of GUOCOLAND LIMITED’s wellbeing. According to our Star Chart, GUOCOLAND LIMITED has been classified as “Cheetah”, which means that the company has achieved significant revenue or earnings growth at a rapid rate, but at the same time, it is considered less stable due to lower profitability. As a result of this classification, investors who are looking for higher risk investments may be interested in GUOCOLAND LIMITED. In addition to the Star Chart, GoodWhale has also conducted an analysis of GUOCOLAND LIMITED’s health score, which has been determined to be 6/10. This score takes into account the company’s cash flows and debt, and indicates that GUOCOLAND LIMITED is likely to sustain its future operations during times of crisis. Finally, GoodWhale’s analysis has also concluded that GUOCOLAND LIMITED is strong in dividend payments and medium in asset growth, profitability and other related metrics. Therefore, investors looking for higher risk investments may be interested in this company. More…
Peers
It competes with other prominent real estate developers such as Asian Pac Holdings Bhd, IOI Properties Group Bhd, and Sinarmas Land Ltd. These competitors have strong presences in the international market and all offer attractive real estate developments in the region.
– Asian Pac Holdings Bhd ($KLSE:4057)
Asian Pac Holdings Bhd is a Malaysian-based investment holding company. It has a broad portfolio of investments, including construction, property development, and investments in other companies. The company’s market cap as of 2022 is 178.66M, reflecting its position as a major player in the industry. Its Return on Equity (ROE) of 1.34% indicates that it is making efficient use of its equity base to generate returns. This is a sign that the company is successfully creating value for its shareholders.
– IOI Properties Group Bhd ($KLSE:5249)
IOI Properties Group Bhd is a Malaysian-based real estate and property development company. It is a subsidiary of IOI Corporation Berhad, one of the largest palm oil companies in the world. The company primarily focuses on developing commercial and residential properties, as well as hospitality and leisure properties in Malaysia, Singapore, China, and the United States. As of 2022, IOI Properties Group Bhd has a market cap of 6B, with a Return on Equity of 4.69%. This indicates that the company is performing well financially, as their ROE is higher than the industry average. The company’s strong financial performance has enabled it to invest in more projects and expand its reach into new markets.
– Sinarmas Land Ltd ($SGX:A26)
Sinarmas Land Ltd is a real estate and property development company based in Indonesia. It has a market capitalization of 761.67 million dollars as of 2022, making it one of the largest companies in the sector. Its Return on Equity (ROE) is 10.27%, which represents a reasonable level of profitability for the company. Sinarmas Land Ltd is engaged in the development and construction of residential, commercial, and industrial developments in Indonesia, as well as in other parts of Asia. The company also provides real estate related services, such as land acquisition, development, design, and marketing. As a result of its diverse operations and solid financial performance, Sinarmas Land Ltd has established itself as a leader in the Indonesian real estate market.
Summary
GuocoLand Limited is a Singapore-based real estate development company. Recently, the company announced that it has signed a joint venture agreement to develop land in Singapore. This joint venture is expected to allow GuocoLand to expand its presence in the Singapore property market and increase its current portfolio of commercial and residential properties. Investors should take note of GuocoLand’s ability to expand in the Singaporean market, as well as its ability to leverage its strong brand recognition and experience in property development, to generate higher returns in the future.
Additionally, investors should pay attention to the joint venture’s ability to generate new opportunities for GuocoLand, as well as the potential of increased profits due to the company’s potential for successful real estate development in Singapore.
