The profit was achieved due to lower foreign currency translation differences of RMB -1.5m versus RMB -28.74m .
If not, result would be quite bad .
NAV of 32 cents.
Rolling PE of 17x.
Cash flow seems to be in negative outflow . I think investor might want to study further into the details of their cash flow level.
From TA wise, it is trading in a consolidation mode . Would this result be able to bring cheers to the price !
It would need a nice break out of 14.2 cents in order to rise higher towards 15 cents and above .
Not a call to buy or sell
PlwPle do your own due diligence.
Ying Li International Real Estate Limited, an investment holding company, engages in the development, sale, rental, management, and ownership of commercial and residential properties under the Ying Li brand in the People’s Republic of China. It operates through Property Investment, Property Development, and Others segments. The company primarily develops residential, office, retail mall, storage and car park, and other projects. It also engages in the provision of property consulting, selling, marketing, management, and leasing services, as well as car parking services; and purchase of construction material and equipment. The company has a strategic cooperative partnership with China Everbright Limited. Ying Li International Real Estate Limited was founded in 1993 and is based in Singapore
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