Earnings Alerts

Poly Real Estate Group Co., Ltd (600048) Earnings: July Contract Sales Plunge 28.9%, YTD Reach 163.2 Billion Yuan

  • Poly Developments experienced a significant decrease in contract sales, recording a drop of 28.9% in July.
  • The company reported contracted sales worth 18.0 billion yuan for the month of July.
  • Year-to-date contracted sales for Poly Developments reached 163.2 billion yuan.
  • Analyst recommendations for Poly Developments include 19 buy ratings, 5 hold ratings, and 1 sell rating.

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

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience2
Momentum2
OVERALL SMART SCORE3.2

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

Poly Real Estate Group Co., Ltd. is a company that focuses on developing and selling residential homes. Additionally, they are involved in the leasing and rental of real estates, as well as property management. According to Smartkarma Smart Scores, Poly Real Estate Group Co., Ltd. receives high scores of 5 in both the Value and Dividend categories. This indicates a positive long-term outlook for investors in terms of the company’s value and dividend offerings.

However, the company scores lower in the Growth, Resilience, and Momentum categories, with scores of 2 across the board. This suggests that Poly Real Estate Group Co., Ltd. may face challenges in terms of growth potential, resilience to market fluctuations, and momentum in the near future. Investors considering this company should weigh the strong value and dividend aspects against the lower scores in other key factors for a holistic investment decision.


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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