600048 Poly Developments and Holdings Group
- 9.58
- +0.04+0.42%
Poly Developments and Holdings Group News
Poly Development (600048) 2024 Quarterly Report Review: No increase in revenue, no increase in profit, focus on digesting stagnant inventory
Matters: The company achieved operating income of 49.748 billion yuan in the first quarter of 2024, an increase of 24.51% year on year, and net profit to mother of 2,223 billion yuan, a year-on-year decrease of 18.28%. Comment: Sold and ready to be carried over for land storage, plans are unsuccessful
Real estate stocks strengthened across the board, Binjiang Group closed down strongly, China Merchants Shekou surged 7%, and Poly Development and Vanke A rose more than 3%.
Real estate stocks strengthened across the board, Binjiang Group closed down strongly, China Merchants Shekou surged 7%, and Poly Development and Vanke A rose more than 3%.
Poly Developments and Holdings Acquires Two Properties in Beijing, Shanghai for 1.19 Billion Yuan
Poly Developments and Holdings Group (SHA:600048) purchased two parcels of residential land in Beijing and Shanghai for 1.19 billion yuan, according to a Friday disclosure to the Shanghai Stock Exchan
Poly Developments and Holdings' April Sales Fall 21%
Poly Developments and Holdings Group's (SHA:600048) contracted sales slid 21% to 33 billion yuan in April while its contracted area fell 27% to 1.9 million square meters, according to a Friday filing
Poly Development (600048.SH): Recently, Beijing and Shanghai each added 1 new real estate project
Poly Development (600048.SH) announcement, from the company's “Notice Concerning the Company's Acquisition of Real Estate Projects” (Notice...
Express News | Poly Development: Achieved a year-on-year reduction of 20.80% of the contract amount of 33.024 billion yuan in April
Research Report Nuggets丨Orient Securities: Poly Development's revenue has increased steadily in 23 years, ranking first in the industry in terms of sales
Gelonghui, May 9 | According to Orient Securities Research Report, Poly Development (600048.SH)'s revenue in 2023 was 346.83 billion yuan, up 23.4% year on year; net profit was 12.07 billion yuan, down 34.1% year on year. Revenue increased steadily, and declining gross margin compounded asset impairment, putting pressure on performance. In '23, the company achieved sales of 422.2 billion yuan, ranking first in the industry, and its market share increased to 3.6%. The 38 core cities contributed nearly 90% of sales, and the Pearl River Delta and Yangtze River Delta sales contributions exceeded 110 billion yuan and 140 billion yuan respectively, with remarkable results. In '23, the company achieved a return amount of 43
A-share changes丨Real estate stocks fluctuated higher, and many stocks rose and stopped. May may usher in a wave of relaxation in the country's rare property market
Gelonghui, May 9 | Real estate stocks in the A-share market strengthened further in the afternoon. Among them, Xinhuangpu, Airport Shares, and Guangyu Group rose 6%, Tiandi Yuan, Jindi Group, Jingneng Real Estate, Nanguo Real Estate, and Poly Development rose more than 4%, and China Merchants Shekou rose nearly 4%. Today, Hangzhou officially announced the complete lifting of purchase restrictions. According to statistics, up to now, there are provinces or cities that still maintain housing purchase restrictions across the country. Apart from the four first-tier cities of Beijing, Shanghai, Guangzhou, and Shenzhen, only Hainan Province, Tianjin City, and Xi'an City are still partially liberalizing purchase restrictions. Yan Yuejin, research director of Shanghai Yiju Real Estate Research Institute, said that the Hangzhou New Deal fully implements the land supply policy
Real estate stocks fluctuated higher, airport shares rose and stopped, and Binjiang Group, Jindi Group, Xinhuangpu, Zhongzhou Holdings, China Merchants Shekou, Poly Development, and Vanke A rose one after another. According to news, Hangzhou completely li
Real estate stocks fluctuated higher, airport shares rose and stopped, and Binjiang Group, Jindi Group, Xinhuangpu, Zhongzhou Holdings, China Merchants Shekou, Poly Development, and Vanke A rose one after another. According to news, Hangzhou completely lifted housing purchase restrictions.
Poly Development (600048): Revenue growth and performance under pressure, focus on continuous optimization of investment and development in core cities
Incident: The company recently released its 2023 annual report. It achieved annual revenue of 346.83 billion yuan, up 23.4% year on year; realized net profit of 12.07 billion yuan, down 34.1% year on year. Revenue increased steadily, gross
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
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