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Poly Property Group Co
(OTC:0119)
Poly Property Group Co (0119) vs. iShares MSCI Hong Kong ETF (EWH)
Poly Property Group Co Business Overview & Revenue Model
Poly Property Group Co Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 42.78B | 45.33B | 54.47B | 36.48B | 31.28B | Gross Profit |
| 7.02B | 9.50B | 14.68B | 12.35B | 10.55B | EBIT |
| 4.18B | 6.34B | 10.65B | 9.04B | 7.85B | EBITDA |
| 3.91B | 5.86B | 10.15B | 9.24B | 8.69B | Net Income Common Stockholders |
| 194.58M | 1.44B | 929.52M | 2.06B | 1.58B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 36.72B | 34.80B | 40.43B | 29.75B | 43.65B | Total Assets |
| 211.43B | 227.12B | 259.72B | 193.27B | 205.53B | Total Debt |
| 74.98B | 74.11B | 106.98B | 69.66B | 88.95B | Net Debt |
| 38.26B | 42.48B | 66.55B | 39.91B | 45.30B | Total Liabilities |
| 161.90B | 177.81B | 206.29B | 155.12B | 166.33B | Stockholders Equity |
| 36.40B | 37.63B | 42.11B | 31.50B | 35.44B |
| Cash Flow | Free Cash Flow | |||
| 6.78B | 5.34B | -17.64B | -5.47B | -5.29B | Operating Cash Flow |
| 8.14B | 5.37B | -17.03B | -5.41B | -5.24B | Investing Cash Flow |
| -553.34M | -1.43B | 2.84B | 5.02B | 2.40B | Financing Cash Flow |
| -3.60B | -4.24B | 15.33B | -7.67B | 16.41B |
Poly Property Group Co Technical Analysis
Poly Property Group Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | HK$6.26B | 6.02 | 3.05% | 3.41% | -20.27% | -59.83% | |
61 Neutral | $2.83B | 10.72 | 0.40% | 6.10% | 5.80% | -21.26% | |
52 Neutral | $5.37B | 27.87 | 0.47% | 1.39% | -18.65% | -78.51% | |
48 Neutral | $5.58B | 27.55 | 0.53% | 1.59% | -3.13% | -87.57% | |
48 Neutral | $5.49B | ― | -26.83% | 3.36% | -16.81% | 8.50% | |
48 Neutral | $6.76B | ― | -4.50% | 13.18% | -1.22% | -596.60% | |
44 Neutral | HK$5.80B | 17.03 | 0.81% | 2.17% | 17.77% | -58.36% |
Poly Property Group Co Corporate Events
Poly Property Group Co., Limited announced that its subsidiary, Shanghai Poly Property, successfully issued the 2025 third tranche corporate bonds amounting to RMB 1 billion. These bonds, issued to professional investors, have a term of 5+2 years with a coupon rate of 2.6% per annum. The proceeds will be used to replace internal funds used for repaying previously sold back corporate bonds. This move is part of the company’s financial strategy to manage its debt obligations effectively.
Poly Property Group Co., Limited announced its unaudited sales data for May 2025, reporting a contracted sales value of approximately RMB3.9 billion and a contracted area of 133 thousand sq. m., with an average selling price of RMB29,443 per sq. m. By the end of May 2025, the group’s total contracted sales value reached RMB21.8 billion, with a contracted area of 795 thousand sq. m. and an average selling price of RMB27,475 per sq. m. These figures are preliminary and may differ from future financial statements, and investors are advised to exercise caution.
Poly Property Group Co., Limited has established a nomination committee to ensure a balanced board composition with a strong independent element, promoting gender diversity, and managing board changes without disruption. The committee, composed mainly of independent non-executive directors, is empowered to oversee board appointments and succession planning, ensuring transparency and regular re-elections, which could enhance the company’s governance and stakeholder confidence.
Poly Property Group Co., Limited held its Annual General Meeting on May 29, 2025, where all proposed resolutions were approved by shareholders. Key resolutions included the adoption of financial statements, declaration of a final dividend, re-election of directors, reappointment of auditors, and granting mandates for share issuance and repurchase. These approvals reflect shareholder confidence and provide the company with the flexibility to manage its capital structure effectively.
Poly Property Group Co., Limited announced that its wholly-owned subsidiary, Shanghai Poly Property, has received approval from the National Association of Financial Market Institutional Investors to issue medium-term notes in China, with a registered amount of RMB 7 billion. This approval allows the subsidiary to issue the notes in tranches over a two-year period, potentially enhancing the company’s financial flexibility and market positioning.
Poly Property Group Co., Limited reported unaudited sales data for April 2025, achieving a contracted sales value of approximately RMB3.5 billion and a contracted area of 139 thousand sq. m. The average selling price was RMB24,923 per sq. m. By the end of April 2025, the total contracted sales value reached RMB17.9 billion with a contracted area of 662 thousand sq. m. Despite the positive sales figures, the company advises caution as these figures are preliminary and may differ from future audited reports.
Poly Property Group Co., Limited announced the unaudited financial results of its wholly-owned subsidiary, Shanghai Poly Property, for the first quarter of 2025. The subsidiary reported a significant increase in operating revenue and a return to profitability compared to the same period in the previous year. This financial performance could enhance the company’s market position and provide positive implications for stakeholders, reflecting a strong start to the year.
Poly Property Group Co., Limited has announced its upcoming Annual General Meeting scheduled for May 29, 2025, where key resolutions will be discussed, including the adoption of financial statements, dividend declarations, director re-elections, and auditor appointments. The meeting will also consider authorizing the board to issue new shares and repurchase existing ones, which could impact the company’s capital structure and shareholder value.
Poly Property Group Co., Limited announced that its wholly-owned subsidiary, Shanghai Poly Property, has successfully issued the 2025 second tranche corporate bonds amounting to RMB 1.5 billion. These bonds, issued to professional investors, have a term of 3+2 years with a coupon rate of 2.46% per annum and are intended to replace internal funds used for repaying previously sold-back corporate bonds.
Poly Property Group Co., Limited announced its unaudited sales data for March 2025, reporting a contracted sales value of approximately RMB6.0 billion and a contracted area of 238 thousand square meters. The average selling price was RMB25,283 per square meter. By the end of March 2025, the company achieved a total contracted sales value of RMB14.5 billion over 523 thousand square meters, with an average price of RMB27,650 per square meter. The data is preliminary and subject to change, urging investors to exercise caution and seek professional advice.
Poly Property Group Co., Limited has announced a final cash dividend of HKD 0.021 per share for the financial year ending December 31, 2024. The ex-dividend date is set for June 13, 2025, with the payment date scheduled for July 3, 2025. This update revises the ex-dividend date and provides details on the shareholder approval process, impacting stakeholders by outlining the timeline for dividend distribution.
Poly Property Group Co., Limited has announced a final cash dividend of HKD 0.021 per share for the financial year ending December 31, 2024. This announcement reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment positively, impacting the company’s market positioning.
Poly Property Group Co., Limited has announced a series of continuing connected transactions involving the provision of loans to minority shareholders, specifically SZ China Merchants and Huizhou Baozhi. These transactions, which include multiple loan agreements, have been aggregated into discloseable and major transactions as per the company’s announcements in August 2022, February 2023, and December 2023. The loans are intended to support the SZ Projects, which are currently under construction and in pre-sales, ensuring sufficient funding for construction costs and other expenses. The company expects that sales proceeds from pre-sales will cover these financial requirements, indicating a strategic move to bolster its property development operations.