Earnings Alerts

Poly Real Estate Group Co., Ltd (600048) Earnings: June Contract Sales Rise by 4.62%, YTD Sales Reach 173.3 Billion Yuan

  • Poly Developments saw a 4.62% increase in contract sales for June 2024.
  • The company achieved contracted sales amounting to 42 billion yuan in June.
  • Year-to-date (YTD) contracted sales for Poly Developments stand at 173.3 billion yuan.
  • Market analyst ratings for Poly Developments include:
    • 26 buy recommendations
    • 5 hold recommendations
    • 1 sell recommendation

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 at Smartkarma have given Poly Real Estate Group Co., Ltd a positive outlook based on their Smart Scores. With a top score of 5 in both Value and Dividend factors, the company is seen as having strong financial health and attractive dividend payouts. However, its Growth score of 3 indicates moderate growth prospects, while the Resilience score of 2 suggests some vulnerability to market changes. In terms of Momentum, Poly Real Estate Group Co., Ltd scored a solid 4, showcasing positive market sentiment and upward price trends.

Poly Real Estate Group Co., Ltd is primarily involved in the development and sale of residential properties, as well as real estate leasing, rental, and property management. The company’s high Value and Dividend scores highlight its stable financial position and shareholder-friendly policies, making it an attractive investment option for those seeking steady returns. While growth prospects may be moderate and resilience to market fluctuations could be improved, the strong Momentum score suggests that investor interest and market performance remain favorable for Poly Real Estate Group Co., Ltd.


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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