600048 Poly Developments and Holdings Group
- 9.03
- -0.24-2.59%
Poly Developments and Holdings Group News
Real estate stocks generally pulled back. Nanguo Real Estate fell to a standstill, Tefa Services and Nandu Property fell nearly 5%, and Poly Development fell more than 2%.
Real estate stocks generally pulled back. Nanguo Real Estate fell to a standstill, Tefa Services and Nandu Property fell nearly 5%, and Poly Development fell more than 2%.
Poly Development (600048): If cyclical pressure does not change, long-term logical leading valuation repair can be expected
The incident described that in 2024Q1, the company achieved revenue of 49.7 billion yuan (+24.5%), net profit attributable to mother of 2.2 billion yuan (-18.3%), and net profit not attributable to mother of 2.1 billion yuan (-20.3%). Incident review revenue side dimension
Poly Development (600048) 2024 Quarterly Report Review: Revenue increased year-on-year, full-caliber sales remained in the TOP1
The company's revenue increased year over year, and profit was still declining compared to the same period in 2023. In the first quarter of 2024, the company achieved revenue of 49.748 billion yuan, an increase of 24.51% over the previous year, due to a decrease in the gross profit margin and equity ratio of the project
Poly Development (600048) Review: Sales rank first, capital advantage is obvious
24Q1 revenue +24% year over year, performance -18% year over year, in line with expectations. The company released its 2024 quarterly report. In 2024Q1, the company achieved total operating revenue of 49.75 billion yuan, +24.4% year-on-year; operating profit 5
Real estate stocks fluctuated and declined, and famous cities fell to a halt, and Urban Construction Development, Binjiang Group, Chinese enterprises, Tiandi Source, and Poly Development fell by more than 5%.
Real estate stocks fluctuated and declined, and famous cities fell to a halt, and Urban Construction Development, Binjiang Group, Chinese enterprises, Tiandi Source, and Poly Development fell by more than 5%.
Poly Development (600048): Gradual stabilization
Guide to this report: Although the company's profit margin declined year-on-year in the first quarter of 2024, it picked up compared to 2023. Q1 Land investment is cautious, but the land acquisition equity ratio remains above 90%. The overall construction pace in 2024
Poly Development (600048): Gross margin affects performance, land acquisition focuses on high energy levels
Incident: The company released its 2024 quarterly report. In the first quarter of 2024, the company achieved operating income of 49.749 billion yuan, an increase of 24.51% year on year; net profit to mother was 2,224 billion yuan, down 18.28% year on year
Express News | Poly Development: Net profit of 3,983 billion yuan in the first quarter of this year, expanding 4 new projects
Express News | Poly Development: Net profit for the first quarter fell 18.28% year on year
Poly Development (600048): Focus on sales and return investment
Matters: The company announced its 2024 quarterly report. In the first quarter, it achieved operating income of 49.75 billion yuan, an increase of 24.5% year on year, and net profit to mother of 2.22 billion yuan, a year-on-year decrease of 18.3%. Ping An's view: carry-over gross margin & equity ratio
Poly Development (600048): Sales rank first in the industry and wait for stable performance
On April 29, 2024, the company released its 2024 quarterly report: achieved revenue of 49.748 billion yuan, +24.51% year-on-year; realized net profit of 2,224 billion yuan, or -18.28% year-on-year.
Poly Development (600048) Company Information Update Report: Revenue growth carry-over equity ratio declined, land acquisition intensity in the first quarter was low
Leading state-owned enterprises with excellent management capabilities maintain a “buy” rating and publish the 2024 quarterly report. The company's leading position in the industry is stable, the soil storage structure is continuously optimized, financing channels are unobstructed, and capital cost advantages are obvious, and it will continue to benefit from
Research Nuggets丨Haitong Securities: Poly Development's revenue scale has steadily increased in 23 years, and the financial performance is solid and steady
Gelonghui, April 28 | Haitong Securities Research Report pointed out that the revenue scale of Poly Development (600048.SH) increased steadily in 23 years, and its financial performance was solid and steady. Due to the principle of prudence, the company accrued a total impairment of about 5 billion yuan on inventory and long-term equity investments, and the performance was solid and steady. As of the end of 2023, the company's contractual liabilities were 377.2 billion yuan, and future revenue guarantees are high. In 2023, the company expanded a total of 103 projects, with a total land price of 163.2 billion yuan and equity land price of 135.9 billion yuan, +26% over the same period last year. The equity expansion ratio increased 16 percentage points to 83%, and the profit margin on the pre-tax cost of the project was added
Express News | 86 real estate companies disclosed their 2023 annual reports, 13 with profits exceeding 1 billion dollars
Poly Development (600048): Leading sales scale, solid and steady financial performance in the market
The scale of revenue has increased steadily, and financial performance is solid and steady. In 2023, the company achieved operating income of 346.8 billion yuan, +23.42% year-on-year; net profit to mother of 12.067 billion yuan, or -34.13% year-on-year; gross carry-over for the whole year
Poly Development (600048): Performance is temporarily under pressure, leading the sales industry
Poly Development released its 2023 annual report. The company achieved revenue of 346.89 billion yuan in 2023, +23.4% year-on-year, and achieved net profit attributable to shareholders of listed companies of 12.07 billion yuan, or -34.1% year-on-year. Profit side
Poly Development (600048): 2023 performance under pressure, dividend ratio increased
The decline in gross margin and accrued depreciation put pressure on performance, and the dividend ratio increased significantly. In 2023, the company's revenue was 346.83 billion yuan, up 23.4% year on year; net profit to mother was 12.07 billion yuan, down 34.1% year on year
Southwest Securities released a research report on April 25 stating that Poly Development (600048.SH) was given a purchase rating and the target price was 9.69 yuan. The main reasons for the rating include: 1) profits are under pressure in the short term,
Southwest Securities released a research report on April 25 stating that Poly Development (600048.SH) was given a purchase rating and the target price was 9.69 yuan. The main reasons for the rating include: 1) profits are under pressure in the short term, and high dividends show confidence; 2) focus on core cities and continue to increase market share; 3) actively supplement high-quality land storage and continue to optimize the resource structure; 4) continuous optimization of the financial structure and continuous reduction of financing costs. (Mainichi Keizai Shimbun)
Poly Development (600048): Increase sales return rate and maintain abundant land reserves
In 2023, the company achieved net profit of 12.1 billion yuan, a year-on-year decrease of 34.1%, which is basically consistent with the rapid performance report. Judging that the company's subsequent revenue growth rate or pressure is under pressure, and that the carry-over gross margin may still be at the bottom of construction; the company's sales rank first in the industry
Poly Development (600048): The sales scale has been stable at the top of the industry, and net operating cash flow has been positive for six consecutive years
Event: The company released its annual report for the year 23. In 2023, the company achieved operating income of 346.8 billion yuan, up 23.4% year on year; net profit to mother was 12.1 billion yuan, down 34.1% year on year. Comment: Net operating cash flow
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