XHKG6049
Market cap2.14bUSD
Dec 23, Last price
30.20HKD
1D
0.67%
1Q
5.96%
IPO
-32.89%
Name
Poly Property Services Co Ltd
Chart & Performance
Profile
Poly Property Services Co., Ltd., together with its subsidiaries, provides property management services in the People's Republic of China. The company offers services for residential communities, commercial and office buildings, and public and other properties under the Harmony Courtyard, Oriental Courtesy, Nebula Ecology, and Towns Revitalisation brands. It also provides community and value-added services to non-property owners, such as pre-delivery services to property developers for assisting in property sales and marketing activities at property sales venues and display units, which primarily include visitor reception, cleaning, and security inspection and maintenance, as well as other value-added services to nonproperty owners, such as consultancy, inspection, delivery, and asset operation services. In addition, the company offers fitness, housekeeping, landscaping, and catering management services. As of December 31, 2021, it had a total of 2,428 contracted projects with an aggregate contracted gross floor area of approximately 656.3 million square meters covering 196 cities across 29 provinces, municipalities, and autonomous regions in China. The company was formerly known as Poly Property Development Co., Ltd. and changed its name to Poly Property Services Co., Ltd. in July 2020. The company was incorporated in 1996 and is based in Guangzhou, China. Poly Property Services Co., Ltd. is a subsidiary of Poly Developments and Holdings Group Co., Ltd.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 15,061,858 10.05% | 13,686,662 26.93% | 10,782,549 34.16% | ||||||
Cost of revenue | 13,352,931 | 12,326,207 | 9,783,394 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 1,708,927 | 1,360,455 | 999,155 | ||||||
NOPBT Margin | 11.35% | 9.94% | 9.27% | ||||||
Operating Taxes | 443,887 | 380,009 | 291,553 | ||||||
Tax Rate | 25.97% | 27.93% | 29.18% | ||||||
NOPAT | 1,265,040 | 980,446 | 707,602 | ||||||
Net income | 1,380,140 24.01% | 1,112,933 31.60% | 845,693 25.56% | ||||||
Dividends | (278,327) | (168,767) | (237,933) | ||||||
Dividend yield | 1.77% | 0.66% | 0.70% | ||||||
Proceeds from repurchase of equity | (104,763) | 2,973 | |||||||
BB yield | 0.66% | -0.01% | |||||||
Debt | |||||||||
Debt current | 43,105 | 38,294 | 35,851 | ||||||
Long-term debt | 180,301 | 176,136 | 193,333 | ||||||
Deferred revenue | (10,725) | ||||||||
Other long-term liabilities | 10,725 | 21,337 | |||||||
Net debt | (10,969,593) | (8,977,454) | (7,692,761) | ||||||
Cash flow | |||||||||
Cash from operating activities | 2,415,943 | 1,474,275 | 1,449,243 | ||||||
CAPEX | (76,592) | (74,099) | (78,284) | ||||||
Cash from investing activities | 56,287 | (97,839) | (858,303) | ||||||
Cash from financing activities | (418,271) | (137,615) | (339,806) | ||||||
FCF | 1,527,379 | 1,154,520 | 145,651 | ||||||
Balance | |||||||||
Cash | 11,177,497 | 9,111,702 | 7,836,960 | ||||||
Long term investments | 15,502 | 80,182 | 84,985 | ||||||
Excess cash | 10,439,906 | 8,507,551 | 7,382,818 | ||||||
Stockholders' equity | 4,171,645 | 3,332,464 | 2,353,283 | ||||||
Invested Capital | 4,816,592 | 4,465,583 | 4,502,798 | ||||||
ROIC | 27.26% | 21.86% | 15.50% | ||||||
ROCE | 18.99% | 17.42% | 14.55% | ||||||
EV | |||||||||
Common stock shares outstanding | 550,900 | 552,690 | 553,333 | ||||||
Price | 28.60 -37.89% | 46.05 -24.88% | 61.30 2.77% | ||||||
Market cap | 15,755,740 -38.09% | 25,451,374 -24.96% | 33,919,312 2.93% | ||||||
EV | 4,942,776 | 16,651,239 | 26,329,647 | ||||||
EBITDA | 2,096,992 | 1,742,241 | 1,321,346 | ||||||
EV/EBITDA | 2.36 | 9.56 | 19.93 | ||||||
Interest | 4,694 | 4,629 | 10,563 | ||||||
Interest/NOPBT | 0.27% | 0.34% | 1.06% |