Earnings Alerts

Poly Real Estate Group Co., Ltd (600048) Earnings: September Contract Sales Plummet 41.9% with YTD at 241.69 Billion Yuan

  • Poly Developments reported a 41.9% decrease in contract sales for September.
  • The contracted sales for September amounted to 20.92 billion yuan.
  • Year-To-Date (YTD) contracted sales reached a total of 241.69 billion yuan.
  • The company has 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
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE3.6

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 predict a bright future for Poly Real Estate Group Co., Ltd as it scores high in Value and Dividend, indicating strong financial health and investor returns. The company’s commitment to providing value to shareholders and its stable dividend payouts make it an attractive investment option in the real estate sector.

However, with lower scores in Growth and Resilience, Poly Real Estate Group Co., Ltd may face challenges in expanding its market presence and navigating through economic downturns. Despite this, its solid Momentum score suggests that the company is currently performing well in terms of market trends and investor sentiment.

### Summary: 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.
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