Poly Developments reports 21.13 percent sales drop: meaning for Poly Developments and Holdings stock
Published on 10/19/2026 at 04:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSales and earnings picture
- September contracted sales reached CNY 16.19 billion on October 16, 2026.
- First-half 2026 revenue fell 11.98 percent to CNY 102.86 billion.
- Poly Developments and Holdings stock was last at CNY 5.44 on Shanghai on October 19, 2026.
Poly Developments and Holdings Group Co (CNE000001ND1) reported September contracted sales of CNY 16.19 billion, down 21.13 percent year over year, on October 16, 2026, according to Futubull. The decline keeps sales execution at the center of the stock story ahead of the next reported results.
Sales pressure extends into September
Contracted sales area reached 872,700 square meters in September, 22.01 percent below the year-earlier level. For January through September 2026, contracted sales value totaled CNY 181.237 billion, down 10.16 percent, while contracted sales area fell 13.35 percent to 8.7553 million square meters, according to Futubull.
What does the sales decline mean?
The latest sales figures follow a weak first half. A September 23, 2026 report from Futubull said operating revenue for the first half of 2026 fell 11.98 percent year over year to CNY 102.86 billion. Net profit attributable to shareholders declined 40.84 percent to CNY 1.959 billion, while gross margin fell 1.61 percentage points to 13.03 percent.
Three dated operating signals
On March 31, 2026, quarterly revenue was CNY 45.73 billion and net income was CNY 915.70 million. On June 30, 2026, quarterly revenue rose to CNY 57.13 billion while net income reached CNY 1.04 billion. On September 16, 2026, the company reported September contracted sales of CNY 16.19 billion, the latest figure in the sequence.
When are the next results due?
Eulerpool lists October 26, 2026 for the third-quarter reporting entry, with consensus revenue of CNY 50.71 billion and earnings per share of CNY 0.01. The date and estimates appear in its Poly Developments and Holdings overview.
Shanghai quote and valuation context
Poly Developments and Holdings stock was last at CNY 5.44 on the Shanghai Stock Exchange on October 19, 2026 at 9:50 a.m. CST. The same quote showed a market capitalization of CNY 65.1 billion and a 52-week range of CNY 4.51 to CNY 7.80. The market is therefore weighing weaker contracted sales against the company's scale and its scheduled third-quarter update.
Poly Developments and Holdings Group Co facts
- Company: Poly Developments and Holdings Group Co., Ltd.
- ISIN: CNE000001ND1
- Ticker: 600048.SS
- Primary exchange: Shanghai Stock Exchange
- Market capitalization: CNY 65.1 billion (as of October 19, 2026)
- 52-week range: CNY 4.51-CNY 7.80 (as of October 19, 2026)
- Sector / Industry: Real Estate / Real Estate Development
- Next earnings date: October 26, 2026
Market context: Market report Shanghai Composite.
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