The analyst rating from Morgan Stanley reflects a cautious outlook on the Chinese property developers, primarily due to the following reasons: 1. Overly Optimistic Investor Sentiment: The broker believes that investors are being too optimistic about the recovery of the market, which may not be sustainable. 2. Diminishing Effects of Policies: Morgan Stanley anticipates that the positive effects of recent policies aimed at boosting the property market will diminish over time. 3. Seasonal Factors: The upcoming Lunar New Year holiday is expected to lead to a decline in residential sales in the coming months, which could negatively impact the market. 4. Potential Decline in Property Prices: There is a concern that property prices may accelerate their decline, further affecting the market. 5. Reduced Likelihood of Policy Stimulus: The recent improvement in residential sales volume in Tier 1 cities suggests that the need for additional policy stimulus may be lessened, which could limit further support for the market. These factors contribute to the mixed ratings assigned to various Chinese property developers, with some being rated as "Overweight," "Equalweight," or "Underweight" based on their expected performance in the current market conditions.

Buy -> Neutral

downgrade

2026-01-26

Reason

Price Target

2026-01-26

downgrade

Buy -> Neutral

Reason

The analyst rating for CHINA RES LAND (01109.HK) is "Buy," with a target price (TP) adjustment from 42 to 36 HK$. The rating reflects a positive outlook despite a recent decline in stock price (-0.220 or -0.780%) and significant short selling activity, with a ratio of 17.129% and short selling amounting to $143.26 million. The overall sentiment suggests that analysts believe the stock has potential for recovery or growth, warranting a "Buy" recommendation.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for 00123

Unlock Now

Valuation Metrics

The current forward P/E ratio for (00123.HK) is 10.04, compared to its 5-year average forward P/E of 7.22. For a more detailed relative valuation and DCF analysis to assess 's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

7.22

Current PE

10.04

Overvalued PE

9.86

Undervalued PE

4.59

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

14.38

Current EV/EBITDA

23.42

Overvalued EV/EBITDA

20.60

Undervalued EV/EBITDA

8.16

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

0.29

Current PS

0.17

Overvalued PS

0.37

Undervalued PS

0.21

Financials

AI Analysis

Annual

Quarterly

Whales Holding 00123

Trading Trends

People Also Watch

Frequently Asked Questions

What is (00123) stock price today?

The current price of 00123 is 4.48 USD — it has decreased -2.61

What is (00123)'s business?

What is the price predicton of 00123 Stock?

Wall Street analysts forecast 00123 stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00123 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is (00123)'s revenue for the last quarter?

revenue for the last quarter amounts to NaN USD, decreased

What is (00123)'s earnings per share (EPS) for the last quarter?

. EPS for the last quarter amounts to USD, decreased

How many employees does (00123). have?

(00123) has 0 emplpoyees as of March 02 2026.

What is (00123) market cap?

Today 00123 has the market capitalization of 0.00 USD.

00123 Overview