Poly Property Group Co Ltd (HK:0119)
:0119
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Poly Property Group Co
(0119)
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Rating:45Neutral
Price Target:
HK$2.50
▲(23.15% Upside)
Action:ReiteratedDate:01/30/26
The score is held down primarily by weak financial performance (shrinking revenue, steep margin compression, high leverage, and negative operating cash flow/no free cash flow). Technicals provide partial support with the price above key moving averages and a positive MACD, but overbought RSI/Stoch readings add risk. Valuation is a significant negative due to the very high P/E and low dividend yield.
Positive Factors
Diversified business model
Poly Property’s integrated development and property-management model spans planning, construction, sales, leasing and management, creating multiple revenue streams. This vertical scope cushions revenue volatility, supports cross-selling and recurring income over the medium term.
Negative Factors
High leverage
A debt-to-equity ratio above 2x creates heightened refinancing and interest-rate risk. Heavy leverage limits financial flexibility, elevates fixed-cost burdens and magnifies downside in a cyclical property market, increasing the probability of distressed financing needs within months.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified business model
Poly Property’s integrated development and property-management model spans planning, construction, sales, leasing and management, creating multiple revenue streams. This vertical scope cushions revenue volatility, supports cross-selling and recurring income over the medium term.
Read all positive factors
Poly Property Group Co (0119) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$6.95B
Dividend Yield0.98%
Average Volume (3M)43.24M
Price to Earnings (P/E)6.3
Beta (1Y)1.29
Revenue Growth22.28%
EPS Growth-98.68%
CountryHK
Employees6,332
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)<0.01
Shares Outstanding3,821,183,000
10 Day Avg. Volume88,816,917
30 Day Avg. Volume43,244,075
Financial Highlights & Ratios
PEG Ratio-0.34
Price to Book (P/B)0.16
Price to Sales (P/S)0.14
P/FCF Ratio0.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.06
Revenue Forecast (FY)HK$38.36B
Poly Property Group Co Business Overview & Revenue Model
Company Description
Poly 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 Manag...
How the Company Makes Money
Poly 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 stream...
Poly Property Group Co Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 49.74B | 42.78B | 45.03B | 47.83B | 36.48B | 31.28B |
| Gross Profit | 8.66B | 7.02B | 9.20B | 14.68B | 12.35B | 10.55B |
| EBITDA | 4.96B | 3.91B | 5.86B | 8.92B | 9.97B | 8.69B |
| Net Income | 25.22M | 194.58M | 1.44B | 949.08M | 2.06B | 1.58B |
Balance Sheet | ||||||
| Total Assets | 212.03B | 211.43B | 227.12B | 259.72B | 193.27B | 205.53B |
| Cash, Cash Equivalents and Short-Term Investments | 31.02B | 36.72B | 34.80B | 40.43B | 29.75B | 43.65B |
| Total Debt | 74.74B | 74.98B | 74.11B | 94.04B | 69.66B | 88.95B |
| Total Liabilities | 160.99B | 161.90B | 176.74B | 206.29B | 155.12B | 166.33B |
| Stockholders Equity | 37.46B | 36.40B | 37.63B | 42.11B | 31.50B | 35.44B |
Cash Flow | ||||||
| Free Cash Flow | 4.83B | 8.12B | 5.34B | -17.64B | -5.47B | -5.29B |
| Operating Cash Flow | 2.76B | 8.14B | 6.72B | -17.03B | -5.41B | -5.24B |
| Investing Cash Flow | -672.26M | -553.34M | 642.82M | 2.50B | 5.02B | 2.55B |
| Financing Cash Flow | -7.87B | -3.60B | -7.33B | 13.46B | -7.67B | 16.85B |
Poly Property Group Co Technical Analysis
Negative
2.03
Price Trends
2.07
Negative
2.02
Negative
1.83
Negative
Market Momentum
-0.08
Negative
37.67
Neutral
54.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0119, the sentiment is Negative. The current price of 2.03 is above the 20-day moving average (MA) of 1.88, below the 50-day MA of 2.07, and above the 200-day MA of 1.83, indicating a bearish trend. The MACD of -0.08 indicates Negative momentum. The RSI at 37.67 is Neutral, neither overbought nor oversold. The STOCH value of 54.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0119.
Poly Property Group Co Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
61 Neutral | HK$8.72B | 21.33 | 0.96% | 0.50% | -24.86% | -76.06% | |
51 Neutral | HK$6.32B | -0.76 | -8.73% | 10.98% | 62.19% | -168.07% | |
48 Neutral | HK$4.16B | -0.69 | 0.41% | 13.43% | 41.24% | -39.89% | |
46 Neutral | HK$6.97B | -7.62 | 0.73% | 3.32% | 66.68% | -38.14% | |
45 Neutral | HK$6.95B | 6.33 | 0.04% | 0.98% | 22.28% | -98.68% | |
45 Neutral | HK$5.54B | -0.78 | -46.90% | ― | -44.25% | -406.20% |
* Real Estate Sector Average
HK:0119
Poly Property Group Co
1.82
0.50
37.88%
HK:0588
Beijing North Star Company
0.74
0.10
15.62%
HK:0173
K Wah International Holdings
2.21
0.64
40.59%
HK:0272
Shui On Land
0.52
-0.07
-11.26%
HK:0604
Shenzhen Investment
0.71
0.02
2.90%
HK:0081
China Overseas Grand Oceans Group Limited
2.45
0.87
55.36%
Poly Property Group Co Corporate Events
Poly Property Subsidiary Issues RMB500 Million Second Tranche of 2026 Medium-Term Notes
Jan 27, 2026
Poly Property Group Co., Limited announced that its wholly owned mainland subsidiary, Shanghai Poly Property, has successfully issued the second tranche of its 2026 medium-term notes in the onshore Chinese bond market. The tranche amounts to RMB50...
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 r...
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...
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 ...
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 stre...
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 spec...
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 audito...
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...
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.