600048 Poly Developments and Holdings Group
- 9.01
- +0.37+4.28%
Poly Developments and Holdings Group News
Nomura Adjusts Poly Developments and Holdings' Price Target to 8.90 Yuan From 9.30 Yuan, Keeps at Neutral
05:07 AM EDT, 04/25/2024 (MT Newswires) -- Nomura Adjusts Poly Developments and Holdings' Price Target to 8.90 Yuan From 9.30 Yuan, Keeps at Neutral Price (RMB): ¥8.00, Change: ¥, Percent Change: %
Poly Developments and Holdings Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Poly Developments and Holdings Group Co., Ltd. (SHSE:600048) came out with its annual results last week, and we wanted to see how the business is performing and what industry forecasters think of the
Poly Real Estate (06049.HK) signed the 2024 Property Lease Agreement with Poly Development Holdings, Guangzhou Ruichi, Guangzhou Ruifu and Guangzhou Rui Consulting
Gelonghui, April 22, 丨 Poly Property (06049.HK) announced that on April 22, 2024, Poly Commercial Property (a wholly-owned subsidiary of the Company) (as the lessee) signed the 2024 Property Lease Agreement with Poly Development Holdings, Guangzhou Ruichi, Guangzhou Ruifu and Guangzhou Rui (as owners) to renew the agreement on related transactions carried out under the 2021 Property Lease Agreement.
Tianfeng Securities: It is expected that the real estate supply side will clear up or basically end in '24, and I am optimistic that supply and demand policies will work in both directions
Demand is unstable, policies continue, and we are optimistic that good production, supply and demand policies will continue to drive the sector market.
Zhongtai Securities: Commercial housing sales picked up month-on-month in the first quarter, and industry fundamentals are still weak
Various data on the real estate industry from January to March 2024 are still low. As the three major projects, including urban village renovation, continue to advance, and the optimization and adjustment of core housing policies, future industry data is expected to bottom out and stabilize as policies continue to be introduced.
Little Excitement Around Poly Developments and Holdings Group Co., Ltd.'s (SHSE:600048) Earnings
When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 31x, you may consider Poly Developments and Holdings Group Co., Ltd. (SHSE:600048) as a highly attractive inv
Tianfeng Securities: Maintaining Poly's “buy” rating, future performance targets are expected to be steadily achieved
Tianfeng Securities released a research report stating that it maintained the “buy” rating of Poly Industries (06049) and adjusted the company's net profit to mother for 24-25 to be 1,636 billion yuan and 1,933 billion yuan (previous value of 1,786 billion yuan and 2,070 billion yuan) in consideration of increased competition in the industry. The company is backed by Poly Group, a leading central enterprise. It has strong shareholder advantages and strong endogenous growth momentum. At the same time, external expansion is active, and both scale and profit are growing steadily. The bank is expected to achieve its future performance goals steadily under the management's focus on lean management strategies. Event: The company released the 2023 results announcement, and the company achieved operating income in 23 years1
Bank of China International: Currently, real estate fundamentals are still weak, and the core focus is still on liquidity risk mitigation this year
Bank of China International believes that under pressure from a large capital gap, housing enterprises that can safely overcome the bottleneck period and get out of trouble by benefiting from policy support have become the focus targets of this year. Looking at the long-term main line, it is recommended to focus on market opportunities for a reversal at the bottom.
Cathay Pacific Junan: Real estate industry's resilience is obvious, sales data is better than the performance of leading real estate companies
The Zhitong Finance App learned that Guotai Junan released a research report saying that the Bureau of Statistics released industry data for the first 2 months. Among them, the sales amount/area performance that was more concerned about was better than the performance of leading real estate companies. The real estate industry showed obvious resilience, and long-term risks were manageable. Combining existing guaranteed housing, it is expected that in the future, off-term housing, existing housing, second-hand housing, and guaranteed housing will form a sales-oriented supply side. Continue to pay attention to the restructuring progress and small-cap value of the industry. Xuhui Holding Group (00884) and Sunac China (01918), etc. benefiting from the restructuring category. At the same time, it is recommended to explore small-cap value opportunities and continue to recommend park companies, including
Poly Developments to Issue Up to 10 Billion Yuan Bonds
Poly Developments and Holdings Group (SHA:600048) plans to issue a 10-year bond amounting to up to 10 billion yuan, according to a bourse filing with the Shanghai Stock Exchange. The Chinese property
Selected GLONGHUI Announcements | IFF: Net profit due to mother increased 4.82% year-on-year to 21.04 billion yuan in 2023, and plans to pay 10 to 5.8 yuan; AI Seiko: Does not involve hot market concepts such as robots
[Hot Focus] Palm Reading Technology (603533.SH): Palm Reading Technology (603533.SH), which integrates the existing AI model and reading app in the market, announced that the company's stock price increase deviation value accumulated by more than 20% for three consecutive trading days on March 8, 2024, March 11, 2024, and March 12, 2024, which is an abnormal fluctuation in stock trading. The company's stock rose and stopped on March 13, 2024, and the stock price has fluctuated greatly recently. As of the disclosure date, there have been no major changes in the company's main business, production and operation activities are normal, and the market environment is in
Poly Development (600048.SH) completed repurchase of 0.88% of shares at a cost of 1.01 billion yuan
Poly Development (600048.SH) announced that on March 7, 2024, the company's repurchase period expires, and the company's total...
Tianfeng Securities: Driven by demand, guaranteed housing construction will enter a new round of acceleration
Guaranteed housing: new model, new idea, new mission
These 4 Measures Indicate That Poly Developments and Holdings Group (SHSE:600048) Is Using Debt Extensively
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to rui
Gelonghui Announcement Selection | Huaheng Biology: The subsidiary plans to build a project with an alternating annual output of 60,000 tons of three-chain amino acids, tryptophan, and 10,000 tons of refined amino acids per year; Furong Technology: The co
[Hot Focus] Furong Technology (603327.SH): The company's products do not have AI functions Furong Technology (603327.SH) announced abnormal stock trading fluctuations and risk warning notices. The company's main business is R&D, production and sales of aluminum structural materials for consumer electronics products. The company's main products are aluminum structural materials for consumer electronics products, which are further processed and used in smartphones, tablets, laptops, etc. The company's products do not have AI features. Krei Mechatronics (603960.SH): There have been no major changes in fundamentals, no significant information that should be disclosed but not disclosed, Krei Mechatronics
The actual controller of Poly Development (600048.SH) increased its holdings by 267.801 million shares
Zhitong Finance App News, Poly Development (600048.SH) announced that as of March 6, 2024, the actual controller of the company, China Poly Group Co., Ltd. (“Poly Group”), has increased its holdings of the company's A shares by 267.801 million shares in accordance with the holdings increase plan, accounting for 0.22% of the company's total share capital. The cumulative increase amount is RMB 250 million, which has reached the lower limit of the planned amount.
Poly Developments' February Sales Fall 54%
Poly Developments and Holdings Group's (SHA:600048) contracted property sales fell 54.4% year over year to 15.62 billion yuan in February, according to a Wednesday filing with the Shanghai bourse. The
Poly Development (600048.SH): A total cost of 783 million yuan to buy back 0.68% of the shares
Gelonghui, March 4 | Poly Development (600048.SH) announced that as of February 29, 2024, the company had repurchased a total of 816.296 million shares through centralized bidding transactions, accounting for 0.68% of the company's total share capital. The highest price of the repurchase transaction was 10.20 yuan/share, the lowest price was 8.71 yuan/share, and the total amount of capital paid was RMB 783.2842 million.
Tianfeng Securities: Real estate incremental policy opens up room to focus on positive changes in price signals
Demand is unstable and policies continue, and I am optimistic that the two-way strength of supply and demand policies will continue to drive the sector market.
Cathay Junan International: LPR cuts combined with policy relaxation, real estate sales are expected to experience “Xiaoyangchun” in March
The LPR cut in February, combined with recent policy relaxation in first-tier cities, should help stimulate the housing market. Looking ahead to real estate sales in March 2024, the bank believes “Xiaoyangchun” is expected.
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