1. Hong Kong Stocks

  2. •

    Finance

  3. •

    Real estate development
Poly Property Group Co. Ltd.

Poly Property Group Co. Ltd.

1.13
HKD
+0.02
(+1.35%)
7.64BMarket Cap
Mar 25Next Earn
Poly Property Group Co. Ltd.
HKEX:119
(Hong Kong Exchange)

Recent

price

1.13

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.2
3.16
3.71
4.81
5
4.77
6.7
6.03
4.89
8.76
7.2
8.23
10.94
10.71
10.52
12.66
- -
Revenue per Share
0.48
0.62
0.47
0.46
0.16
-0.51
0.03
0.47
0.47
0.84
0.43
0.56
0.22
0.38
0.05
0.06
- -
Basic EPS, GAAP
-4.11
-3.03
0.15
-0.15
-0.91
-0.07
1.1
1.4
0.05
-1.04
-1.41
-1.59
-3.7
1.4
1.77
0.92
- -
Free Cash Flow per Basic Share
0.04
0.13
- -
0.13
0.14
0.07
0.02
- -
0.1
0.1
0.18
0.08
0.07
0.04
0.08
0.02
- -
Dividend per Share
5.2
5.53
4.86
4.96
5.38
5.13
5.41
5.38
6.29
7.14
8.13
8.48
8.62
8.92
8.95
8.82
8.82
Book Value per Share
5.01
4.67
4.68
4.74
5.3
4.89
5.07
5.07
5.89
6.49
7.28
8.09
8.3
8.81
8.84
8.55
8.55
Tangible Book Value per Share
3,293
3,608
3,608
3,634
3,646
3,661
3,662
3,662
3,662
3,662
3,662
3,684
3,760
3,821
3,821
3,821
3,821
Basic Weighted Avg Shares
7,256
11,416
13,399
17,464
18,232
17,483
24,519
22,062
17,914
32,067
26,362
30,305
41,127
40,932
40,208
48,382
- -
Sales/Revenue/Turnover
40.23
28.08
20.93
14.83
11.71
1.89
8.54
11.89
25.35
25.12
24.05
24.5
20.03
13.05
8.71
9.01
- -
Operating Margin (%)
78
106
90
89
99
106
111
94
115
151
172
166
195
234
194
179
- -
Depreciation Expense
1,567
2,248
1,703
1,657
594
-1,883
123
1,713
1,728
3,077
1,584
2,059
816
1,445
183
225
- -
Net Income, GAAP
32.94
35.57
33.58
40.65
61.23
- -
90.1
47.5
52.05
56.4
65.76
67.71
82.7
59.53
95.73
78.21
- -
Effective Tax Rate (%)
21.59
19.69
12.71
9.49
3.26
-10.77
0.5
7.77
9.65
9.6
6.01
6.79
1.98
3.53
0.45
0.47
- -
Profit Margin (%)
28,583
32,030
29,953
28,404
34,456
34,617
34,347
27,575
36,925
47,023
61,194
67,348
81,544
77,147
79,322
82,115
82,115
Working Capital
17,461
20,287
16,893
16,346
20,824
24,999
27,604
19,001
31,900
39,392
49,307
50,649
61,906
53,319
50,922
53,374
53,374
LT Debt
20,308
21,991
19,454
19,890
21,807
20,633
21,634
21,445
25,105
28,031
32,935
38,145
41,790
45,161
46,547
47,735
47,735
Total Equity
5.4
4.2
5.24
5.8
2.25
- -
0.44
2.89
3.48
4.33
2.12
2.1
1.09
1.68
0.1
0.56
- -
Return on Invested Capital (%)
4.15
4.29
3.27
3.53
1.16
- -
0.24
3.49
3.16
4.92
1.88
2.29
0.78
1.58
0.29
0.04
- -
Return on Capital (%)
9.91
11.61
9.08
9.31
3.15
-9.79
0.64
8.68
8.09
12.51
5.67
6.72
2.53
4.31
0.54
0.66
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
19,557
17,483
16,824
LT Borrowings
50,911
50,721
53,370
LT Finance Leases
11
8
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,821
3,821
3,821
Market Capitalization
5,530
5,266
6,867

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
178,963
173,030
161,175
Cash, Cash Equivalents & STI
34,508
28,305
31,076
Accounts Receivable, Net
451
530
776
Inventories
125,532
124,764
112,599
Total Current Liabilities
99,642
94,638
79,059
Payables & Accruals
- -
- -
- -
ST Debt
19,557
17,483
16,824
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.92%
7.81%
2.55%
Free Cash Flow
-367.81%
-1.78%
-48.03%
Net Income, GAAP
120.23%
-3.51%
23.16%
Sales/Revenue/Turnover
14.14%
13.75%
20.33%
Total Cash Common Dividend
- -
-19.95%
-74.7%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
40,932
2024
- -
- -
40,208
2025
- -
- -
48,382

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.38
2024
- -
- -
0.05
2025
- -
- -
0.06

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.04
2024
- -
- -
0.08
2025
- -
- -
0.02
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Business
Poly Property Group Co., Limited is a leading integrated property developer and operator primarily engaged in the development, sale, and management of residential properties, commercial premises, and investment properties across China. The company offers a diverse portfolio comprising real estate development, property investment, property management services, cultural tourism, and commercial operations. It operates through multiple segments including residential and commercial property development, property leasing, hotel management, and cultural tourism projects. Poly Property serves a broad base of individual homebuyers, corporate clients, and institutional investors in key urban regions of China. Founded in 1992, Poly Property Group is headquartered in Hong Kong and maintains extensive operations throughout Mainland China including major cities such as Beijing, Shanghai, Guangzhou, and Shenzhen. The company is a subsidiary under China Poly Group Corporation, one of China’s largest state-owned enterprises in the cultural and real estate sectors. Recent strategic initiatives include expanding its cultural tourism operations and forming partnerships to grow its commercial property leasing business, reflecting an ongoing diversification beyond its core residential developments. Poly Property has also advanced new real estate projects to enhance its footprint in the high-end residential market as part of its growth strategy within China’s urban centers. In terms of recent significant changes, the company has focused on expanding its business scope into integrated commercial complexes and cultural tourism projects while reinforcing its property management capabilities. This strategic shift aligns with the company’s goal to provide comprehensive lifestyle solutions beyond traditional property development. Poly Property continues to invest in sustainable development practices and innovate in smart property management as part of adapting to evolving market demands. Overall, Poly Property Group Co., Limited is a prominent player in China’s property market, delivering a comprehensive range of integrated real estate services and products including residential, commercial, cultural tourism, and property management operations throughout mainland China with headquarters in Hong Kong and a founding history dating back to 1992. The company’s recent expansions and partnerships underscore its strategic focus on diversification and sustainable urban development.