Poly Developments and Holdings Group Co (SHSE:600048) Total Operating Expense: ¥18,473 Mil (TTM As of Mar. 2026)

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SHSE:600048 Poly Developments and Holdings Group Co Ltd SHSE:600048
69 GF Score
Price ¥4.95
GF Value ¥8.11
Valuation Possible Value Trap
! 7 Warning Signs
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What is Poly Developments and Holdings Group Co Total Operating Expense?

Poly Developments and Holdings Group Co SHSE:600048 -3.70% 69 Total Operating Expense is ¥18,473 Mil as of Mar. 2026. GuruFocus rates SHSE:600048 with a GF Score™ of 69/100 and a GF Value™ of ¥8.11 (Possible Value Trap). The stock has 7 warning signs investors should review.

Poly Developments and Holdings Group Co's Total Operating Expense for the three months ended in Mar. 2026 was ¥2,884 Mil. Poly Developments and Holdings Group Co's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ¥18,473 Mil.


Poly Developments and Holdings Group Co Total Operating Expense Related Terms


Poly Developments and Holdings Group Co Total Operating Expense Historical Data

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The historical data trend for Poly Developments and Holdings Group Co's Total Operating Expense 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 Total Operating Expense Chart

Poly Developments and Holdings Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29,751.95 26,395.17 24,248.32 19,847.59 18,914.07

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
Total Operating Expense 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 3,325.15 3,087.26 4,394.04 8,107.61 2,883.88
SHSE:600048
69GF Score
Poly Developments and Holdings Group Co Ltd SHSE:600048
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Poly Developments and Holdings Group Co Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥18,473 Mil.

* 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.

What does a Total Operating Expense of ¥18,473 Mil mean?
Poly Developments and Holdings Group Co (SHSE:600048) has a Total Operating Expense of ¥18,473 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Poly Developments and Holdings Group Co and its competitors.
Is Poly Developments and Holdings Group Co's Total Operating Expense too high?
Poly Developments and Holdings Group Co's current Total Operating Expense is ¥18,473 Mil. Overall, Poly Developments and Holdings Group Co has a GF Score™ of 69/100 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 Total Operating Expense compare to competitors?
Poly Developments and Holdings Group Co's Total Operating Expense of ¥18,473 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Real Estate company?
A good Total Operating Expense depends on the Real Estate industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Poly Developments and Holdings Group Co and its competitors. Poly Developments and Holdings Group Co's current Total Operating Expense is ¥18,473 Mil. 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 ¥8.11, compared to a current price of ¥4.95 — trading 39% below its estimated fair value. The current Total Operating Expense is ¥18,473 Mil. Poly Developments and Holdings Group Co's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Poly Developments and Holdings Group Co (SHSE:600048), the current Total Operating Expense is ¥18,473 Mil 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 ¥4.95 is trading 39% below its estimated GF Value™ of ¥8.11. GuruFocus considers Poly Developments and Holdings Group Co to be Possible Value Trap.

Key valuation signals for SHSE:600048:

  • Total Operating Expense: ¥18,473 Mil
  • GF Value™: ¥8.11 vs. price of ¥4.95 (39% below fair value)
  • GF Score™: 69/100 with 7 warning signs

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.
69GF Score

Get the complete analysis for SHSE:600048

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥4.95
Price
¥8.11
GF Value