Poly Developments and Holdings Group Co Ltd Class A 600048
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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China's Property Stocks Gain as Lending Rate Cut Boosts Sentiment
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Chinese Property Stocks Gain on Stimulus Measures
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Chinese Developers' Shares Fall After Central Bank Holds Mortgage Rate
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Stocks of Chinese developers jump after Beijing signals support for property sector
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Chinese Developers Jump After Beijing Signals Support for Property Sector
Trading Information
- Previous Close Price
- CNY 9.28
- Day Range
- CNY 8.80–9.19
- 52-Week Range
- CNY 7.74–15.20
- Bid/Ask
- CNY 8.91 / CNY 8.92
- Market Cap
- CNY 106.66 Bil
- Volume/Avg
- 226.2 Mil / 116.5 Mil
Key Statistics
- Price/Earnings (Normalized)
- 8.73
- Price/Sales
- 0.30
- Dividend Yield (Trailing)
- 5.05%
- Dividend Yield (Forward)
- 5.05%
- Total Yield
- 5.05%
Company Profile
Poly Developments and Holdings is a large real estate developer in China. It is ranked number five by sales value among all Chinese developers in 2019. It has over 600 projects across 100 cities. Property development accounts for 95% of earnings, with property investments and finance income contributing the rest. The company is a subsidiary of China Poly Group, a prominent central-government-controlled state-owned enterprise with ties to the military. China Poly Group holds an aggregate controlling stake of 41% in the company.
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Stock Style Box
- Large Value
- Total Number of Employees
- 67,260
- Website
- http://www.polycn.com
Comparables
Valuation
|
Metric
|
600048
|
000002
|
06049
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.73 | 5.63 | 11.30 |
Price/Book Value | 0.55 | 0.35 | 1.82 |
Price/Sales | 0.30 | 0.19 | 1.06 |
Price/Cash Flow | — | — | 9.04 |
Price/Earnings
600048
000002
06049
Financial Strength
|
Metric
|
600048
|
000002
|
06049
|
|---|---|---|---|
Quick Ratio | 0.38 | 0.45 | 2.40 |
Current Ratio | 1.63 | 1.38 | 2.40 |
Interest Coverage | 4.38 | 5.91 | 379.16 |
Quick Ratio
600048
000002
06049
Profitability
|
Metric
|
600048
|
000002
|
06049
|
|---|---|---|---|
Return on Assets (Normalized) | 0.78% | 0.46% | 9.94% |
Return on Equity (Normalized) | 5.81% | 2.99% | 17.11% |
Return on Invested Capital (Normalized) | 1.99% | 1.15% | 16.14% |
Return on Assets
600048
000002
06049
Real Estate - Development Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
SUHJF
| Sun Hung Kai Properties Ltd | — | Gcwxd | $26.9 Bil | |
SUHJY
| Sun Hung Kai Properties Ltd ADR | — | Ydtb | $26.9 Bil | |
CRBJF
| China Resources Land Ltd | — | Nyxlh | $25.9 Bil | |
CRBJY
| China Resources Land Ltd ADR | — | Sqlp | $25.9 Bil | |
CAOVF
| China Overseas Land & Investment Ltd | — | Cpt | $21.0 Bil | |
CAOVY
| China Overseas Land & Investment Ltd ADR | — | Mfd | $20.4 Bil | |
DWAHF
| Daiwa House Industry Co Ltd | — | Zxh | $18.2 Bil | |
DWAHY
| Daiwa House Industry Co Ltd ADR | — | Tjt | $17.9 Bil | |
CNGKY
| CK Asset Holdings Ltd ADR | — | Grlkhzy | $15.1 Bil | |
CHKGF
| CK Asset Holdings Ltd | — | Wbcpxtz | $15.1 Bil |