Who are Poly Property Services's main competitors?

Named competitors: Onewo (2602.HK), China Resources Mixc Lifestyle (1209.HK), Greentown Service Group (2869.HK). The cockpit's measured peer set (industry) also includes Brigade Enterprises (BRIGADE.NS), Entra (ENTRA.OL), Zhaojin International Gold (000506.SZ), Argan (ARG.PA), Metrovacesa (MVC.MC), Shanghai Industrial (0363.HK).

Is Poly Property Services expensive compared with its peers?

On forward p/e it trades at 7.9× against a peer median of 13.0×, 3rd cheapest of 17 in its peer set.

How has Poly Property Services stock performed?

Over six months to 6 Nov 2026 the shares returned -14.3% against -5.7% for the median peer; over one year -19.6%.

← CockpitCompetitor Analysis › 6049.HK Poly Property Services Co., Ltd. Class HOpen in the cockpit ↗

Poly Property Services Co., Ltd. Class H6049.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Real Estate›Real Estate Development

Residential property-management company spun off from state-owned developer Poly Developments.

≈ A Chinese state-backed property-management firmMomentum strong 65

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.92B

US dollars, full cap

Free float

44%

of shares outstanding

$/day

$2.66M

20-day average traded

Fwd P/E

7.9×

forward earnings

ROIC−WACC

n/a

WACC 11.3%

Hurdle

n/a

no reverse DCF

Next earnings

145 days

31 Mar 2027

Close · HKDHK$27.24

1D-0.4%

1W+3.0%

1M+0.4%

3M-1.2%

6M-14.3%

YTD-14.6%

1Y-19.6%

ATR %2.0%

52w lowhigh27.4% off high

What Poly Property Services does

Residential property-management company spun off from state-owned developer Poly Developments.

Earns monthly property-management fees from homeowners and, for unsold units, from the developer, which is why Poly Developments' building programme feeds its growth. Services to the developer, such as managing sales offices, and community services add to fees.

In one line: A Chinese state-backed property-management firm.

Products and services

Residential property management
Value-added community services

Customers

Homeowners/communities managed by Poly-developed p

Where it sits in the supply chain

Real estate services
Residential property management
Value-added services

What could go right

Third-party contract growth

What could go wrong

China property sector stress

Moat: narrow (scale, installed base). Large managed area backed by a state-owned developer parent's project pipeline.

Headquarters: Guangzhou, China · Founded: 1996 · Employees: 28,692

Named competitors

Poly Property Services at a glance

Size Poly Property Services (6049.HK) is a Hong Kong Real Estate company (Real Estate Development) with a market value of $1.92B, the 427th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$27.24 on 6 Nov 2026.

Performance Over six months the shares fell 14.3%, against -5.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 7th lowest of 20 in its peer set.

Growth Revenue grew 7.9% over the last twelve months (peer median +3.3%); the operating margin is 11.4% (peer median 18.4%).

Valuation It trades at 7.9× forward earnings against a peer median of 13.0× (3rd cheapest of 17).

Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Poly Property Services against the median of its 20 peers (local-currency closes).

Poly Property Services financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	HK$19.6B	HK$18.6B	HK$17.7B	HK$16.6B	HK$15.9B
Revenue growth	—	+5%	+6%	+5%	—
Gross profit	HK$3.43B	HK$3.27B	HK$3.24B	HK$3.26B	HK$2.99B
EBITDA	HK$2.67B	HK$2.53B	HK$2.40B	HK$2.29B	HK$1.97B
Net income	HK$1.79B	HK$1.68B	HK$1.60B	HK$1.53B	HK$1.29B
Free cash flow	HK$1.61B	HK$1.95B	HK$2.50B	HK$2.65B	HK$1.71B
Capital expenditure	HK$73.1M	HK$52.8M	HK$983M	HK$84.6M	HK$196M
Total debt	n/a	HK$113M	HK$112M	HK$123M	HK$120M

Quarterly statements and history in the cockpit →

Poly Property Services competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Poly Property Services is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Poly Property Services is the large dot.

Poly Property Services competitors and peer comparison

Head to head with its named competitors (6049.HK vs 2602.HK vs 1209.HK vs 2869.HK)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Poly Property Services 6049.HK	$1.92B	-14%	+8%	11%	7.9×	n/a
Onewo 2602.HK	$2.84B	+6%	+8%	3%	20.6×	n/a
China Res Mixc 1209.HK	$12.1B	-14%	+10%	28%	18.4×	n/a
Greentown Service 2869.HK	$1.74B	-9%	+13%	7%	11.2×	n/a

How Poly Property Services compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Poly Property Services against its 20 peers (data as of 6 Nov 2026)
Measure	6049.HK	Peer median	Rank in peer set
1-month return	+0.4%	+1.0%	10th lowest of 21
6-month return	-14.3%	-5.7%	7th lowest of 20
Distance from 52-week high	-27.4%	-19.5%	9th lowest of 21
Revenue growth (TTM)	+7.9%	+3.3%	7th highest of 20
Operating margin	11.4%	18.4%	9th lowest of 21
Forward P/E	7.9×	13.0×	3rd cheapest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Poly Property Services 6049.HK	Hong Kong	$1.92B	-14%	+8%	11%	7.9×	n/a	n/a
Brigade Enterprises BRIGADE.NS	India	$1.93B	-4%	-4%	23%	20.0×	n/a	n/a
Entra ENTRA.OL	Norway	$1.95B	-4%	-9%	82%	15.2×	n/a	n/a
Zhaojin International Gold 000506.SZ	China	$1.95B	-13%	+42%	27%	n/a	n/a	n/a
Argan ARG.PA	France	$1.95B	+14%	+5%	78%	11.2×	n/a	n/a
Metrovacesa MVC.MC	Spain	$1.95B	-5%	+58%	13%	26.4×	n/a	n/a
Shanghai Industrial 0363.HK	Hong Kong	$1.89B	-14%	-28%	15%	7.1×	n/a	n/a
Inmocemento IMC.MC	Spain	$1.88B	-4%	+10%	29%	n/a	n/a	n/a
China Enterprise 600675.SS	China	$1.98B	-15%	-35%	4%	n/a	n/a	n/a
Leopalace21 8848.T	Japan	$1.99B	+52%	+3%	8%	13.0×	n/a	n/a
Nanjing Gaoke 600064.SS	China	$2.00B	-4%	+4%	-18%	5.8×	n/a	n/a
Grainger GRI.L	United Kingdom	$1.83B	+19%	-23%	49%	19.8×	n/a	n/a
Fabege FABG.ST	Sweden	$2.02B	-16%	+27%	59%	14.7×	n/a	n/a
Intershop ISN.SW	Switzerland	$1.82B	-9%	+5%	79%	18.5×	n/a	n/a
Neinor Homes HOME.MC	Spain	$2.04B	+10%	+165%	10%	13.0×	n/a	n/a
Altarea SCA ALTA.PA	France	$2.05B	-31%	-20%	9%	9.9×	n/a	n/a
PPI Public Property Invest PUBLI.ST	Sweden	$1.78B	n/a	n/a	70%	n/a	n/a	n/a
China Jinmao 0817.HK	Hong Kong	$1.77B	-45%	-8%	5%	9.9×	n/a	n/a
China-Singapore Suzhou Industrial Park Development 601512.SS	China	$1.75B	-23%	-32%	22%	10.8×	n/a	n/a
GuocoLand F17.SI	Singapore	$1.75B	-16%	-24%	7%	11.5×	n/a	n/a
Winnovation Culturaltainment Development Limited 000620.SZ	China	$2.12B	-6%	+14%	-39%	66.0×	n/a	n/a

Questions

Who are Poly Property Services's main competitors?: Named competitors: Onewo (2602.HK), China Resources Mixc Lifestyle (1209.HK), Greentown Service Group (2869.HK). The cockpit's measured peer set (industry) also includes Brigade Enterprises (BRIGADE.NS), Entra (ENTRA.OL), Zhaojin International Gold (000506.SZ), Argan (ARG.PA), Metrovacesa (MVC.MC), Shanghai Industrial (0363.HK).
Is Poly Property Services expensive compared with its peers?: On forward p/e it trades at 7.9× against a peer median of 13.0×, 3rd cheapest of 17 in its peer set.
How has Poly Property Services stock performed?: Over six months to 6 Nov 2026 the shares returned -14.3% against -5.7% for the median peer; over one year -19.6%.