Earnings Alerts

Poly Real Estate Group Co., Ltd (600048) Earnings: July Contract Sales Drop 18.3% to 25.32 Billion Yuan

  • Poly Developments reported an 18.3% decrease in contract sales for July.
  • Total contracted sales for July amounted to 25.32 billion yuan.
  • Year-to-date contracted sales reached 198.65 billion yuan.
  • Analysts’ recommendations include 25 buys, 5 holds, and 1 sell for Poly Developments.

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

Analyzing the Smartkarma Smart Scores for Poly Real Estate Group Co., Ltd indicates a positive long-term outlook for the company. With high scores in both Value and Dividend factors, Poly Real Estate Group Co., Ltd is considered a strong investment option for those seeking stable returns. Additionally, the company has shown steady Momentum in its growth trajectory, reflecting promising prospects for future performance.

However, there are some areas of concern as indicated by lower scores in Growth and Resilience factors. While the company may not be experiencing robust growth compared to its peers, its resilience might be a potential area for improvement. Despite these challenges, Poly Real Estate Group Co., Ltd‘s overall outlook remains optimistic, supported by its strong foundation in residential property development and real estate services.

### Poly Real Estate Group Co., Ltd. mainly develops and sells residential homes. The company is also in the business of leasing and rental of real estates, and property management. ###


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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