Poly Property Group Co., Limited, an investment holding company, engages in the property development, investment, and management activities in Hong Kong and the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.87|
|52 Week High||HK$1.80|
|52 Week Low||HK$2.62|
|1 Month Change||-5.56%|
|3 Month Change||-5.56%|
|1 Year Change||-18.70%|
|3 Year Change||-34.84%|
|5 Year Change||-26.09%|
|Change since IPO||-46.57%|
Recent News & Updates
Calculating The Fair Value Of Poly Property Group Co., Limited (HKG:119)
Today we will run through one way of estimating the intrinsic value of Poly Property Group Co., Limited ( HKG:119 ) by...
|119||HK Real Estate||HK Market|
Return vs Industry: 119 exceeded the Hong Kong Real Estate industry which returned -22.5% over the past year.
Return vs Market: 119 underperformed the Hong Kong Market which returned 3.9% over the past year.
Stable Share Price: 119 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 119's weekly volatility (3%) has been stable over the past year.
About the Company
Poly Property Group Co., Limited, an investment holding company, engages in the property development, investment, and management activities in Hong Kong and the People’s Republic of China. The company operates in four segments: Property Development, Property Investment and Management, Hotel Operations, and Other Operations. It is involved in the development of residential and commercial properties; and investment and management of hotels and restaurants, as well as provision of related services.
Is Poly Property Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 119 (HK$1.87) is trading above our estimate of fair value (HK$1.62)
Significantly Below Fair Value: 119 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 119 is good value based on its PE Ratio (2.6x) compared to the Hong Kong Real Estate industry average (7x).
PE vs Market: 119 is good value based on its PE Ratio (2.6x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 119's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 119 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).
How is Poly Property Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Poly Property Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Poly Property Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 119 has high quality earnings.
Growing Profit Margin: 119's current net profit margins (8.4%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: 119 has become profitable over the past 5 years, growing earnings by 30.7% per year.
Accelerating Growth: 119's earnings growth over the past year (193.9%) exceeds its 5-year average (30.7% per year).
Earnings vs Industry: 119 earnings growth over the past year (193.9%) exceeded the Real Estate industry 23.8%.
Return on Equity
High ROE: 119's Return on Equity (7%) is considered low.
How is Poly Property Group's financial position?
Financial Position Analysis
Short Term Liabilities: 119's short term assets (HK$177.1B) exceed its short term liabilities (HK$106.8B).
Long Term Liabilities: 119's short term assets (HK$177.1B) exceed its long term liabilities (HK$68.5B).
Debt to Equity History and Analysis
Debt Level: 119's debt to equity ratio (206.6%) is considered high.
Reducing Debt: 119's debt to equity ratio has increased from 194.1% to 206.6% over the past 5 years.
Debt Coverage: 119's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 119's interest payments on its debt are well covered by EBIT (6x coverage).
What is Poly Property Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 119's dividend (6.84%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.3%).
High Dividend: 119's dividend (6.84%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.91%).
Stability and Growth of Payments
Stable Dividend: 119's dividend payments have been volatile in the past 10 years.
Growing Dividend: 119's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.3%), 119's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jian Wang (49 yo)
Mr. Jian Wang has been Managing Director and Executive Director of Poly Property Group Co., Limited since February 1, 2019. Mr. Wang holds a master degree in architecture from South China University of Tec...
CEO Compensation Analysis
Compensation vs Market: Jian's total compensation ($USD555.17K) is about average for companies of similar size in the Hong Kong market ($USD429.87K).
Compensation vs Earnings: Jian's compensation has been consistent with company performance over the past year.
Experienced Management: 119's management team is considered experienced (2.7 years average tenure).
Experienced Board: 119's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Poly Property Group Co., Limited's employee growth, exchange listings and data sources
- Name: Poly Property Group Co., Limited
- Ticker: 119
- Exchange: SEHK
- Founded: 1973
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$6.833b
- Shares outstanding: 3.71b
- Website: https://www.polyhongkong.com
Number of Employees
- Poly Property Group Co., Limited
- Tower 1
- Room 2503
- Hong Kong
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/21 10:02|
|End of Day Share Price||2021/09/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.