Poly Property Services Future Growth

Future criteria checks 2/6

Poly Property Services is forecast to grow earnings and revenue by 10.3% and 10.6% per annum respectively. EPS is expected to grow by 10.2% per annum. Return on equity is forecast to be 16.1% in 3 years.

Key information

10.3%

Earnings growth rate

10.2%

EPS growth rate

Real Estate earnings growth	21.1%
Revenue growth rate	10.6%
Future return on equity	16.1%
Analyst coverage	Good
Last updated	29 Sep 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SZSC:6049 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	20,537	1,886	2,269	2,314	20
12/31/2025	18,573	1,710	2,305	2,240	22
12/31/2024	16,728	1,535	1,861	1,758	21
6/30/2024	15,792	1,463	4,798	4,855	N/A
3/31/2024	15,427	1,421	3,569	3,636	N/A
12/31/2023	15,062	1,380	2,339	2,416	N/A
9/30/2023	14,720	1,314	2,034	2,112	N/A
6/30/2023	14,378	1,248	1,729	1,809	N/A
3/31/2023	14,033	1,181	1,564	1,641	N/A
12/31/2022	13,687	1,113	1,400	1,474	N/A
9/30/2022	12,883	1,048	-98	-25	N/A
6/30/2022	12,079	983	-1,597	-1,524	N/A
3/31/2022	11,431	914	-113	-37	N/A
12/31/2021	10,783	846	1,371	1,449	N/A
9/30/2021	10,186	805	1,183	1,261	N/A
6/30/2021	9,589	765	996	1,073	N/A
3/31/2021	8,813	719	742	811	N/A
12/31/2020	8,037	674	487	549	N/A
9/30/2020	7,391	625	495	549	N/A
6/30/2020	6,746	577	502	550	N/A
3/31/2020	6,356	534	575	622	N/A
12/31/2019	5,967	491	648	694	N/A
9/30/2019	5,551	459	546	596	N/A
6/30/2019	5,136	428	445	498	N/A
3/31/2019	4,682	378	416	465	N/A
12/31/2018	4,229	328	387	433	N/A
9/30/2018	3,983	319	357	403	N/A
6/30/2018	3,734	320	388	425	N/A
3/31/2018	3,487	270	N/A	393	N/A
12/31/2017	3,240	219	N/A	362	N/A
9/30/2017	3,002	210	N/A	449	N/A
6/30/2017	2,767	189	N/A	485	N/A
3/31/2017	2,657	164	N/A	632	N/A
12/31/2016	2,564	146	N/A	771	N/A
12/31/2015	1,936	79	N/A	-22	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6049's forecast earnings growth (10.3% per year) is above the savings rate (2.3%).

Earnings vs Market: 6049's earnings (10.3% per year) are forecast to grow slower than the Hong Kong market (11.6% per year).

High Growth Earnings: 6049's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6049's revenue (10.6% per year) is forecast to grow faster than the Hong Kong market (7.8% per year).

High Growth Revenue: 6049's revenue (10.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6049's Return on Equity is forecast to be low in 3 years time (16.1%).

Poly Property Services Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

Investor sentiment deteriorates as stock falls 16%

Now 23% undervalued

First half 2024 earnings released: EPS: CN¥1.54 (vs CN¥1.38 in 1H 2023)

Investor sentiment improves as stock rises 17%