Poly Developments and Holdings Group Co (SHSE:600048) Debt-to-EBITDA : 26.24 (As of Mar. 2026) — 296% Above Median

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SHSE:600048 Poly Developments and Holdings Group Co Ltd SHSE:600048
66 GF Score
Price ¥5.22
GF Value ¥7.86
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Poly Developments and Holdings Group Co Debt-to-EBITDA?

Poly Developments and Holdings Group Co SHSE:600048 -0.95% 66 Debt-to-EBITDA is 26.24 as of Mar. 2026, which is 296% above its 10-year median of 6.62. GuruFocus rates SHSE:600048 with a GF Score™ of 66/100 and a GF Value™ of ¥7.86 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,280 Real Estate companies, Poly Developments and Holdings Group Co ranks worse than 94.06% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Poly Developments and Holdings Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥76,289 Mil. Poly Developments and Holdings Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥266,312 Mil. Poly Developments and Holdings Group Co's annualized EBITDA for the quarter that ended in Mar. 2026 was ¥13,057 Mil. Poly Developments and Holdings Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 26.24.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Poly Developments and Holdings Group Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600048' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.27   Med: 6.62   Max: 29.33
Current: 29.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Poly Developments and Holdings Group Co was 29.33. The lowest was 4.27. And the median was 6.62.

SHSE:600048's Debt-to-EBITDA is ranked worse than
94.06% of 1280 companies
in the Real Estate industry
Industry Median: 5.555 vs SHSE:600048: 29.33

Poly Developments and Holdings Group Co  (SHSE:600048) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Poly Developments and Holdings Group Co Debt-to-EBITDA Related Terms


Poly Developments and Holdings Group Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Poly Developments and Holdings Group Co's Debt-to-EBITDA 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.

Poly Developments and Holdings Group Co Debt-to-EBITDA Chart

Poly Developments and Holdings Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.94 9.00 10.71 15.01 19.86

Poly Developments and Holdings Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.46 14.25 75.26 75.71 26.24

Poly Developments and Holdings Group Co Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Poly Developments and Holdings Group Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Real Estate Industry

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

* The bar in red indicates where Poly Developments and Holdings Group Co's Debt-to-EBITDA falls into.


SHSE:600048
66GF Score
Poly Developments and Holdings Group Co Ltd SHSE:600048
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Poly Developments and Holdings Group Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Poly Developments and Holdings Group Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(70620.737 + 273444.109) / 17324.785
=19.86

Poly Developments and Holdings Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(76288.673 + 266312.414) / 13057.252
=26.24

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 26.24 mean?
Poly Developments and Holdings Group Co (SHSE:600048) has a Debt-to-EBITDA of 26.24 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Poly Developments and Holdings Group Co. This is 296% above median its historical median of 6.62. Over the past decade, Poly Developments and Holdings Group Co's Debt-to-EBITDA has ranged from 4.27 to 29.33. According to the industry distribution chart, Poly Developments and Holdings Group Co ranks #1204 out of 1280 companies in the Real Estate industry, placing it in the top 94.1%.
Is Poly Developments and Holdings Group Co's Debt-to-EBITDA too high?
Poly Developments and Holdings Group Co's current Debt-to-EBITDA of 26.24 is 296% above median its 10-year median of 6.62. Over the past 10 years, this metric has ranged from a low of 4.27 to a high of 29.33. The Real Estate industry median Debt-to-EBITDA is 5.56. Poly Developments and Holdings Group Co's value of 26.24 is 372.4% above this industry median. Based on the distribution chart, Poly Developments and Holdings Group Co ranks #1204 out of 1280 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Poly Developments and Holdings Group Co has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Poly Developments and Holdings Group Co's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Poly Developments and Holdings Group Co ranks #1204 out of 1280 companies for Debt-to-EBITDA. This places Poly Developments and Holdings Group Co in the lower half of its industry. The industry median Debt-to-EBITDA is 5.56. Poly Developments and Holdings Group Co's value of 26.24 is 372.4% above this benchmark. Historically, Poly Developments and Holdings Group Co's own Debt-to-EBITDA has ranged from 4.27 to 29.33 over the past decade. While the company's 10-year median is 6.62 vs. the industry median of 5.56, Poly Developments and Holdings Group Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.56, based on 1,280 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Poly Developments and Holdings Group Co's current Debt-to-EBITDA of 26.24 is 372.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Poly Developments and Holdings Group Co. For the Real Estate industry, the median Debt-to-EBITDA is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Poly Developments and Holdings Group Co's current Debt-to-EBITDA is 26.24, which is 296% above median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poly Developments and Holdings Group Co stock overvalued right now?
Based on GuruFocus' analysis, Poly Developments and Holdings Group Co (SHSE:600048) is currently considered Possible Value Trap. The stock's GF Value™ is ¥7.86, compared to a current price of ¥5.22 — trading 33.6% below its estimated fair value. The current Debt-to-EBITDA is 26.24, which is 296% above median its 10-year median of 6.62 and 372.4% above the Real Estate industry median of 5.56. Poly Developments and Holdings Group Co's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Poly Developments and Holdings Group Co (SHSE:600048), the current Debt-to-EBITDA is 26.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Poly Developments and Holdings Group Co (SHSE:600048) Overvalued in 2026?

Based on GuruFocus' analysis, Poly Developments and Holdings Group Co stock appears to be undervalued. The current stock price of ¥5.22 is trading 33.6% below its estimated GF Value™ of ¥7.86. GuruFocus considers Poly Developments and Holdings Group Co to be Possible Value Trap.

Key valuation signals for SHSE:600048:

  • Debt-to-EBITDA: 26.24 (296% above median its 10-year median of 6.62)
  • GF Value™: ¥7.86 vs. price of ¥5.22 (33.6% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 372.4% above the Real Estate median (#1204 of 1280)

No single metric tells the full story. See the SHSE:600048 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Poly Developments and Holdings Group Co Business Description

Address No. 832, Yuejiang Middle Road, Floor 53-59, Poly Development Plaza, Haizhu District, Guangdong Province, Guangzhou, CHN, 510308
Poly Developments and Holdings Group Co Ltd is a real estate developer in China. It is principally engaged in the design, development, construction, and sale of residential and commercial properties, as well as the provision of property management services.
66GF Score

Get the complete analysis for SHSE:600048

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.22
Price
¥7.86
GF Value