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Poly Property Group Co Ltd (HK:0119)
:0119

Poly Property Group Co (0119) AI Stock Analysis

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HK:0119

Poly Property Group Co

(0119)

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Neutral 49 (OpenAI - 4o)
Rating:49Neutral
Price Target:
HK$2.00
▼(-1.48% Downside)
The overall stock score reflects significant financial challenges, including declining profitability and high leverage. While technical indicators show some strength, the high P/E ratio suggests overvaluation concerns. The lack of earnings call and corporate events data limits further insights.
Positive Factors
Revenue Growth
The company has shown a significant revenue growth rate of 22.28%, indicating strong market demand and effective sales strategies, which can support long-term business expansion.
Partnerships
Partnerships with local governments and enterprises enhance land acquisition and financing capabilities, providing a competitive edge and growth opportunities in the real estate sector.
Comprehensive Services
Offering a full range of services across the property lifecycle allows the company to capture value at multiple stages, enhancing revenue stability and customer retention.
Negative Factors
High Leverage
A high debt-to-equity ratio indicates significant leverage, which can strain financial stability and limit the company's ability to invest in growth opportunities.
Negative Cash Flow
Negative operating cash flow suggests challenges in generating cash from core operations, which can impact liquidity and the ability to fund future projects.
Declining Profit Margins
Declining profit margins indicate reduced efficiency and profitability, which can affect the company's ability to sustain growth and return value to shareholders.

Poly Property Group Co (0119) vs. iShares MSCI Hong Kong ETF (EWH)

Poly Property Group Co Business Overview & Revenue Model

Company DescriptionPoly Property Group Co., Limited, an investment holding company, engages in the property development, investment, and management business in Hong Kong. The company operates through four segments: Property Development, Property Investment and Management, Hotel Operations, and Other Operations. It is involved in the development of residential and commercial properties; investment and management of properties; and hotel and restaurant operations, as well as provision of related services. The company also provides management, asset management, and construction services. In addition, it manufactures and sells compact discs, video compact discs, and digital video discs. The company was formerly known as Poly (Hong Kong) Investments Limited. Poly Property Group Co., Limited was incorporated in 1973 and is headquartered in Hong Kong, Hong Kong.
How the Company Makes MoneyPoly Property Group generates revenue primarily through the sale of residential and commercial properties. The company earns income from property development projects, where it sells units and leases commercial spaces. Additionally, revenue streams include property management services and leasing activities. Significant partnerships with local governments and other enterprises facilitate land acquisitions, project financing, and joint ventures, enhancing the company's growth opportunities and contributing to its earnings.

Poly Property Group Co Financial Statement Overview

Summary
Poly Property Group faces significant financial challenges, including declining revenues and profit margins, high leverage, and negative cash flows. These factors indicate operational and financial headwinds, necessitating strategic measures to improve profitability and cash flow management.
Income Statement
Poly Property Group's income statement shows declining revenue and profit margins in recent years. The gross profit margin decreased from 26.9% in 2022 to 16.4% in 2023, indicating reduced profitability. Similarly, net profit margin declined to 0.5% in 2023, suggesting challenges in maintaining bottom-line profitability. Revenue shrank by 5.6% in 2023 compared to 2022, highlighting a negative growth trend, which is concerning for the company's revenue-generating potential.
Balance Sheet
The balance sheet shows a relatively high debt-to-equity ratio of 2.05 in 2023, reflecting significant leverage, which poses a risk in terms of financial stability. However, the company's equity ratio of 16.6% indicates a fair amount of equity in the asset structure. The return on equity (ROE) declined to 0.5% in 2023, showing inefficiency in generating returns from equity.
Cash Flow
The cash flow statement reveals significant challenges, with operating cash flow turning negative in recent years, indicating difficulties in generating cash from operations. The absence of free cash flow in 2023 underscores the company's struggles in maintaining liquidity and financial flexibility. These trends highlight potential risks in cash management and sustainability of operations.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue49.74B42.78B45.03B47.83B36.48B31.28B
Gross Profit8.66B7.02B9.20B14.68B12.35B10.55B
EBITDA4.96B3.91B5.86B8.92B9.97B8.69B
Net Income25.22M194.58M1.44B949.08M2.06B1.58B
Balance Sheet
Total Assets212.03B211.43B227.12B259.72B193.27B205.53B
Cash, Cash Equivalents and Short-Term Investments31.02B36.72B34.80B40.43B29.75B43.65B
Total Debt74.74B74.98B74.11B94.04B69.66B88.95B
Total Liabilities160.99B161.90B176.74B206.29B155.12B166.33B
Stockholders Equity37.46B36.40B37.63B42.11B31.50B35.44B
Cash Flow
Free Cash Flow4.83B8.12B5.34B-17.64B-5.47B-5.29B
Operating Cash Flow2.76B8.14B6.72B-17.03B-5.41B-5.24B
Investing Cash Flow-672.26M-553.34M642.82M2.50B5.02B2.55B
Financing Cash Flow-7.87B-3.60B-7.33B13.46B-7.67B16.85B

Poly Property Group Co Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.03
Price Trends
50DMA
1.95
Positive
100DMA
1.83
Positive
200DMA
1.66
Positive
Market Momentum
MACD
0.02
Positive
RSI
49.74
Neutral
STOCH
31.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0119, the sentiment is Positive. The current price of 2.03 is above the 20-day moving average (MA) of 1.95, above the 50-day MA of 1.95, and above the 200-day MA of 1.66, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 49.74 is Neutral, neither overbought nor oversold. The STOCH value of 31.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0119.

Poly Property Group Co Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
52
Neutral
HK$5.77B33.640.42%13.43%41.24%-39.89%
51
Neutral
HK$7.47B-2.26-8.73%10.98%62.19%-168.07%
49
Neutral
HK$7.76B461.360.04%0.98%22.28%-98.68%
46
Neutral
HK$6.68B22.650.73%3.32%66.68%-38.14%
45
Neutral
HK$5.80B-0.62-41.74%-44.25%-406.20%
45
Neutral
HK$7.33B19.291.10%0.50%-24.86%-76.06%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0119
Poly Property Group Co
1.96
0.51
35.36%
HK:0588
Beijing North Star Company
0.77
0.04
5.48%
HK:0173
K Wah International Holdings
2.16
0.52
31.79%
HK:0272
Shui On Land
0.70
0.09
15.70%
HK:0604
Shenzhen Investment
0.85
0.05
6.25%
HK:0081
China Overseas Grand Oceans Group Limited
2.03
0.43
26.87%

Poly Property Group Co Corporate Events

Poly Property Subsidiary Raises RMB1 Billion via 2026 Medium-Term Notes
Jan 12, 2026

Poly Property Group’s wholly owned mainland subsidiary, Shanghai Poly Property, has issued the first tranche of its 2026 medium-term notes, raising RMB1 billion in three-year paper at an annual coupon of 2.69%. The proceeds will be used to replenish internal funds previously deployed to repay debt financing instruments, a move that effectively refinances existing obligations and helps the group manage liquidity and funding costs, with the notes listed and information disclosed on major onshore financial market platforms in China.

The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.

Poly Property Group Books RMB50.2 Billion in Contracted Sales for 2025
Jan 6, 2026

Poly Property Group reported unaudited contracted sales of approximately RMB2.5 billion in December 2025, with about 71,000 square metres sold at an average price of roughly RMB35,603 per square metre. For the full year to the end of December 2025, the group recorded total contracted sales of about RMB50.2 billion on 1,624,000 square metres of contracted area, reflecting sustained transaction volume and pricing, though management cautioned that these preliminary figures may differ from those in forthcoming audited financial statements and should be treated as indicative reference data by investors.

The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.

Poly Property Group Reports Strong November Sales Performance
Dec 5, 2025

Poly Property Group Co., Limited announced its unaudited sales data for November 2025, reporting a contracted sales value of approximately RMB3.9 billion, with a contracted area of 109 thousand sq. m. and an average selling price of RMB35,540 per sq. m. Cumulatively, by the end of November 2025, the company achieved a contracted sales value of RMB47.7 billion over 1,552 thousand sq. m. at an average price of RMB30,704 per sq. m. This data, based on preliminary internal records, highlights the company’s strong sales performance, though investors are advised to exercise caution as these figures may differ from future audited reports.

The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.

Poly Property Group Appoints New Non-Executive Director
Nov 10, 2025

Poly Property Group Co., Limited has announced the appointment of Mr. Geng Yuehua as a Non-executive Director, effective from November 10, 2025. This appointment also includes his membership in the Audit and Nomination Committees, potentially strengthening the company’s governance and strategic oversight. Mr. Geng brings extensive experience from his previous roles in finance and management within the Poly Group, which may enhance the company’s operational and strategic capabilities.

The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.

Poly Property Group Updates Board of Directors and Committee Roles
Nov 10, 2025

Poly Property Group Co., Limited has announced an updated list of its board of directors and their roles, effective 10 November 2025. This restructuring includes a mix of executive, non-executive, and independent non-executive directors, with specific assignments to four key committees: Audit, Remuneration, Nomination, and Environmental, Social and Governance. This organizational update is likely to impact the company’s governance and strategic direction, potentially influencing its market positioning and stakeholder relationships.

The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.

Poly Property Group Announces Auditor Change
Nov 7, 2025

Poly Property Group Co., Limited has announced a change in its auditor, with Baker Tilly Hong Kong Limited resigning due to an inability to agree on the audit fee for the 2025 financial year. The company has appointed BDO Limited as the new auditor, effective 7 November 2025, following a recommendation from the Audit Committee. The change is not expected to impact the audit for the 2025 financial year, and the Board has expressed gratitude to Baker Tilly for its past services.

The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.

Poly Property Group Reports October 2025 Sales Data
Nov 6, 2025

Poly Property Group Co., Limited announced its unaudited sales data for October 2025, reporting a contracted sales value of approximately RMB4.3 billion and a contracted area of 148 thousand sq. m. The average selling price was RMB29,269 per sq. m. For the year up to October, the Group achieved a total contracted sales value of RMB43.8 billion. These figures are based on preliminary internal records and may differ from future audited reports, so investors are advised to exercise caution.

The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.

Poly Property Group Announces Change in Company Secretary
Oct 30, 2025

Poly Property Group Co., Limited announced a change in its company secretary, with Mr. Wong Cheuk Him retiring and Ms. Xie Yang taking over the role effective October 30, 2025. Ms. Xie, who has been with the company since 2017, brings extensive experience in investor relations, corporate governance, and compliance, which could strengthen the company’s operational and strategic positioning.

The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.

Poly Property Group’s Subsidiary Issues RMB 1 Billion Corporate Bonds
Oct 28, 2025

Poly Property Group Co., Limited announced the successful issuance of its 2025 fourth tranche corporate bonds through its subsidiary, Shanghai Poly Property. The bonds, valued at RMB 1 billion with a 5+2 year term and a 2.79% coupon rate, aim to replace internal funds used for repaying previously sold-back corporate bonds, potentially strengthening the company’s financial stability.

The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.

Poly Property Group’s Subsidiary Reports Improved Financial Performance
Oct 28, 2025

Poly Property Group Co., Limited’s subsidiary, Shanghai Poly Property, reported its unaudited financial results for the nine months ending September 30, 2025. The company showed a significant increase in operating revenue and net profit compared to the previous year, indicating improved financial performance. However, stakeholders are advised to exercise caution and seek professional advice when dealing with the company’s securities.

The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 21, 2025