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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
SHSE:600048'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.21 Med: 1.83 Max: 2.41
Current: 1.72
During the past 13 years, the highest Debt-to-Equity Ratio of Poly Developments and Holdings Group Co was 2.41. The lowest was 1.21. And the median was 1.83.
SHSE:600048's Debt-to-Equity is ranked worse than 78.32% of 1545
companies
in the Real Estate industry
Industry Median: 0.75
vs SHSE:600048: 1.72
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Poly Developments and Holdings Group Co Debt-to-Equity Related Terms
Poly Developments and Holdings Group Co Debt-to-Equity Historical Data
* 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-Equity Chart
Poly Developments and Holdings Group Co Annual Data
Poly Developments and Holdings Group Co Debt-to-Equity Competitor Comparison
For the Real Estate - Development subindustry, Poly Developments and Holdings Group Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Real Estate Industry
* 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 (SHSE:600048) has a Debt-to-Equity of 1.72 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Poly Developments and Holdings Group Co and its competitors. This is near median its historical median of 1.83. Over the past decade, Poly Developments and Holdings Group Co's Debt-to-Equity has ranged from 1.21 to 2.41. According to the industry distribution chart, Poly Developments and Holdings Group Co ranks #1210 out of 1545 companies in the Real Estate industry, placing it in the top 78.3%.
Is Poly Developments and Holdings Group Co's Debt-to-Equity too high?
Poly Developments and Holdings Group Co's current Debt-to-Equity of 1.72 is near median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.41. The Real Estate industry median Debt-to-Equity is 0.75. Poly Developments and Holdings Group Co's value of 1.72 is 129.3% above this industry median. Based on the distribution chart, Poly Developments and Holdings Group Co ranks #1210 out of 1545 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 72/100 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-Equity compare to competitors?
According to the Real Estate industry distribution chart, Poly Developments and Holdings Group Co ranks #1210 out of 1545 companies for Debt-to-Equity. This places Poly Developments and Holdings Group Co in the lower half of its industry. The industry median Debt-to-Equity is 0.75. Poly Developments and Holdings Group Co's value of 1.72 is 129.3% above this benchmark. Historically, Poly Developments and Holdings Group Co's own Debt-to-Equity has ranged from 1.21 to 2.41 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 0.75, 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-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,545 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity of 1.72 is 129.3% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Poly Developments and Holdings Group Co and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — 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-Equity is 1.72, which is near median its own 10-year median of 1.83. 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 ¥7.55, compared to a current price of ¥5.05 — trading 33.1% below its estimated fair value. The current Debt-to-Equity is 1.72, which is near median its 10-year median of 1.83 and 129.3% above the Real Estate industry median of 0.75. Poly Developments and Holdings Group Co's overall GF Score™ is 72/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Poly Developments and Holdings Group Co (SHSE:600048), the current Debt-to-Equity is 1.72 as of Jun. 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 ¥5.05 is trading 33.1% below its estimated GF Value™ of ¥7.55.
GuruFocus considers Poly Developments and Holdings Group Co to be Possible Value Trap.
Key valuation signals for SHSE:600048:
Debt-to-Equity: 1.72 (near median its 10-year median of 1.83)
GF Value™: ¥7.55 vs. price of ¥5.05 (33.1% below fair value)
Industry Position: 129.3% above the Real Estate median (#1210 of 1545)
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 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.
72GF Score
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