Earnings Alerts

Poly Real Estate Group Co., Ltd (600048) Earnings: 1H Net Income Hits 7.42B Yuan

  • Net Income: Poly Developments reported a net income of 7.42 billion yuan for the first half of 2024.
  • Revenue: The company’s revenue reached 139.25 billion yuan during this period.
  • EPS (Earnings Per Share): The earnings per share was 62 RMB cents.
  • Analyst Ratings: The company received 25 buy ratings, 5 hold ratings, and 1 sell rating from analysts.

A look at Poly Real Estate Group Co., Ltd Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts from Smartkarma have given Poly Real Estate Group Co., Ltd high scores across the board, suggesting a positive long-term outlook for the company. With top marks in both Value and Dividend, Poly Real Estate Group Co., Ltd is seen as a solid investment option for those seeking both growth potential and steady income. The company’s Growth and Momentum scores, although not as high as Value and Dividend, still indicate promising performance trends in the market. However, its Resilience score of 2 may raise some concerns about its ability to withstand economic downturns.

Poly Real Estate Group Co., Ltd specializes in developing and selling residential properties, while also being involved in real estate leasing, rentals, and property management. With strong Value and Dividend scores, investors may find Poly Real Estate Group Co., Ltd an attractive choice for long-term investment, despite a slightly lower Resilience score. The company’s consistent performance in these key areas bodes well for its future growth prospects in the real estate industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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