` Comparison: 600048, 12 - Alpha Spread

600048
vs
12

Over the past 12 months, Poly Developments and Holdings Group Co Ltd has underperformed Henderson Land Development Co Ltd, delivering a return of -36% compared to the Henderson Land Development Co Ltd's +13% growth.

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600048
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Valuation Comparison

Intrinsic Value
28.28 CNY
Undervaluation 77%
Intrinsic Value
Price
Intrinsic Value
38.24 HKD
Undervaluation 25%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Poly Developments and Holdings Group Co Ltd
SSE:600048
6.51 CNY
Henderson Land Development Co Ltd
HKEX:12
28.8 HKD
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Growth Comparison

Growth Over Time
600048, 12

600048
12
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Poly Developments and Holdings Group Co Ltd
Revenue
Henderson Land Development Co Ltd
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
600048, 12

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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Poly Developments and Holdings Group Co Ltd
SSE:600048
Henderson Land Development Co Ltd
HKEX:12
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Gross Margin

Poly Developments and Holdings Group Co Ltd
10.6%
Henderson Land Development Co Ltd
36%

Operating Margin

Poly Developments and Holdings Group Co Ltd
4.2%
Henderson Land Development Co Ltd
15.2%

Net Margin

Poly Developments and Holdings Group Co Ltd
-0.3%
Henderson Land Development Co Ltd
26.2%

FCF Margin

Poly Developments and Holdings Group Co Ltd
10.6%
Henderson Land Development Co Ltd
35.6%

ROE

Poly Developments and Holdings Group Co Ltd
-0.5%
Henderson Land Development Co Ltd
1.9%

ROA

Poly Developments and Holdings Group Co Ltd
-0.1%
Henderson Land Development Co Ltd
1.1%

ROIC

Poly Developments and Holdings Group Co Ltd
0.5%
Henderson Land Development Co Ltd
0.7%

ROCE

Poly Developments and Holdings Group Co Ltd
2%
Henderson Land Development Co Ltd
0.7%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
600048, 12

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Performance Gap
600048, 12

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600048
12
Difference
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Performance By Year
600048, 12

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12
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