The debt ratio is at the warning line of 70%. High inventory assets are 410.75 billion yuan, which is higher than 60% of its total assets.
Poly Real Estate has development potential and corporate background, which can be considered for holding.
Poly Real Estate
Poly Real Estate Group Co., Ltd. (SSE: 600048) is a large real estate state-owned enterprise under China Poly Group. Headquartered in Guangzhou, Guangdong, the company is engaged in real estate business in ten cities including Guangzhou, Beijing, Shanghai, Wuhan, Chongqing and Shenyang. On July 3, 2006, KLOC-0, Poly Real Estate was listed on the Shanghai Stock Exchange.
Poly group
The predecessor of China Poly Group Company is Poly Technology Co., Ltd., which was established in February 1993. It is a large central enterprise managed by the State Council SASAC.
China Poly Group Company adheres to the tenet of "serving national defense modernization and national modernization", the business philosophy of "integrity innovation, advancing with the times" and the core values of scientific and technological innovation. In the fierce market tide at home and abroad, we have worked hard and strived for self-improvement, and now we have formed a "five-wheel drive" with military and civilian goods trade, real estate development, cultural and artistic management, mineral resources investment and development, and civil explosive technology as the main industries.
By the end of 20 13, the total assets of Poly Group were 455.3 billion yuan, ranking 24th among central enterprises. Operating income 129 1 100 million yuan, ranking 51among central enterprises; The total profit is 20 1 100 million yuan, ranking13 among central enterprises; It has 46,000 employees, 239 party organizations and 3,682 party member.