Poly Developments and Holdings Group Co (SHSE:600048) Gross-Profit-to-Asset % : 2.59% (As of Mar. 2024)

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What is Poly Developments and Holdings Group Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Poly Developments and Holdings Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥37,085 Mil. Poly Developments and Holdings Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,430,634 Mil. Therefore, Poly Developments and Holdings Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.59%.

Poly Developments and Holdings Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Poly Developments and Holdings Group Co's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Poly Developments and Holdings Group Co Gross-Profit-to-Asset % Chart

Poly Developments and Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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8.77

6.92

5.75

4.31

3.82

Poly Developments and Holdings Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															2.40	5.67	2.27	5.08	2.59

Competitive Comparison of Poly Developments and Holdings Group Co's Gross-Profit-to-Asset %

For the Real Estate - Development subindustry, Poly Developments and Holdings Group Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Poly Developments and Holdings Group Co's Gross-Profit-to-Asset % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Poly Developments and Holdings Group Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Poly Developments and Holdings Group Co's Gross-Profit-to-Asset % falls into.

Poly Developments and Holdings Group Co Gross-Profit-to-Asset % Calculation

Poly Developments and Holdings Group Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	55585.511	/	( (1471352.974	+	1436911.79)	/ 2 )
	=	55585.511	/	1454132.382
	=	3.82 %

Poly Developments and Holdings Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	37084.688	/	( (1436911.79	+	1424355.778)	/ 2 )
	=	37084.688	/	1430633.784
	=	2.59 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

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Poly Developments and Holdings Group Co (SHSE:600048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Developments and Holdings Group Co Ltd (SHSE:600048) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

N/A

Address

No. 688 Yuejiang Middle Road, Poly International Square North Tower, 30-33 Layer, Haizhu District, Guangdong Province, Guangzhou, CHN, 510308

Website

http://www.polycn.com

Poly Developments and Holdings is a large real estate developer in China. It is ranked number five by sales value among all Chinese developers in 2019. It has over 600 projects across 100 cities. Property development accounts for 95% of earnings, with property investments and finance income contributing the rest. The company is a subsidiary of China Poly Group, a prominent central-government-controlled state-owned enterprise with ties to the military. China Poly Group holds an aggregate controlling stake of 41% in the company.

Executives

Zhou Dong Li	Directors, senior managers
Huang Hai	senior management
Zhang Yan Hua	senior management
Liu Wen Sheng	senior management
Kong Jun Feng	Supervisors
Pan Zhi Hua	senior management
Liu Ying Chuan	senior management
Zhang Wei	senior management
Liu Ping	Director
Wang Quan Liang	senior management
Hu Zai Xin	senior management
Zhang Wan Shun	Director
Chen Dong Ju	senior management
Wang Jian	senior management
Song Guang Ju	Director

Poly Developments and Holdings Group Co (SHSE:600048) Headlines

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