Tag: Financial Statement Analysis

Goodland Group Limited

Value analysis on property development company – Goodland Group Limited 1.      Balance sheet analysis Key value indicator: Net current assets: $176,768k Do note that out of the net asset of $236,880k, equity attributable to shareholders of the Group is 190,748 arising from its non-wholly owned subsidiaries in Malaysia (Banyan Housing Development Sdn Bhd and T-City Sdn

Price vs Value

http://www.straitstimes.com/business/companies-markets/more-upside-ahead-for-developers-analysts On 4 September 2017, Straits Times published an article highlighting “more upside ahead for developers. As real estate companies are typically heavy on their balance sheet, I did a back testing on the historical book value compared to share price of the companies highlighted in the article. The financial data is based on the