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China New Town Development Company LimitedSEHK:1278 Stock Report

Market Cap HK$914.3m
Share Price
HK$0.088
My Fair Value
n/a
1Y37.5%
7D-5.4%
Portfolio Value
View

China New Town Development Company Limited

SEHK:1278 Stock Report

Market Cap: HK$914.3m

China New Town Development (1278) Stock Overview

Operates as a new town developer in the People’s Republic of China and Hong Kong. More details

1278 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends1/6

1278 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

China New Town Development Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for China New Town Development
Historical stock prices
Current Share PriceHK$0.088
52 Week HighHK$0.15
52 Week LowHK$0.055
Beta0.85
1 Month Change-6.38%
3 Month Change-23.48%
1 Year Change37.50%
3 Year Change51.72%
5 Year Change-27.27%
Change since IPO-92.67%

Recent News & Updates

Getting In Cheap On China New Town Development Company Limited (HKG:1278) Is Unlikely

Oct 06
Getting In Cheap On China New Town Development Company Limited (HKG:1278) Is Unlikely

China New Town Development Company Limited's (HKG:1278) Shares Climb 47% But Its Business Is Yet to Catch Up

Jul 02
China New Town Development Company Limited's (HKG:1278) Shares Climb 47% But Its Business Is Yet to Catch Up

Recent updates

Getting In Cheap On China New Town Development Company Limited (HKG:1278) Is Unlikely

Oct 06
Getting In Cheap On China New Town Development Company Limited (HKG:1278) Is Unlikely

China New Town Development Company Limited's (HKG:1278) Shares Climb 47% But Its Business Is Yet to Catch Up

Jul 02
China New Town Development Company Limited's (HKG:1278) Shares Climb 47% But Its Business Is Yet to Catch Up

We Think China New Town Development (HKG:1278) Can Stay On Top Of Its Debt

Jun 13
We Think China New Town Development (HKG:1278) Can Stay On Top Of Its Debt

Optimistic Investors Push China New Town Development Company Limited (HKG:1278) Shares Up 26% But Growth Is Lacking

May 08
Optimistic Investors Push China New Town Development Company Limited (HKG:1278) Shares Up 26% But Growth Is Lacking

China New Town Development's (HKG:1278) Soft Earnings Are Actually Better Than They Appear

Apr 02
China New Town Development's (HKG:1278) Soft Earnings Are Actually Better Than They Appear

Some Confidence Is Lacking In China New Town Development Company Limited's (HKG:1278) P/E

Mar 23
Some Confidence Is Lacking In China New Town Development Company Limited's (HKG:1278) P/E

Is China New Town Development (HKG:1278) A Risky Investment?

Sep 29
Is China New Town Development (HKG:1278) A Risky Investment?

Estimating The Fair Value Of China New Town Development Company Limited (HKG:1278)

Jul 27
Estimating The Fair Value Of China New Town Development Company Limited (HKG:1278)

Health Check: How Prudently Does China New Town Development (HKG:1278) Use Debt?

Dec 12
Health Check: How Prudently Does China New Town Development (HKG:1278) Use Debt?

China New Town Development (HKG:1278) Could Easily Take On More Debt

May 16
China New Town Development (HKG:1278) Could Easily Take On More Debt

Is China New Town Development (HKG:1278) Using Too Much Debt?

Aug 31
Is China New Town Development (HKG:1278) Using Too Much Debt?

Is China New Town Development (HKG:1278) Using Too Much Debt?

May 09
Is China New Town Development (HKG:1278) Using Too Much Debt?

China New Town Development (HKG:1278) Seems To Use Debt Quite Sensibly

Dec 10
China New Town Development (HKG:1278) Seems To Use Debt Quite Sensibly

Is China New Town Development (HKG:1278) A Risky Investment?

Aug 09
Is China New Town Development (HKG:1278) A Risky Investment?

Here's Why China New Town Development (HKG:1278) Can Manage Its Debt Responsibly

Apr 05
Here's Why China New Town Development (HKG:1278) Can Manage Its Debt Responsibly

Is China New Town Development Company Limited (HKG:1278) Popular Amongst Insiders?

Mar 01
Is China New Town Development Company Limited (HKG:1278) Popular Amongst Insiders?

If You Had Bought China New Town Development's (HKG:1278) Shares Three Years Ago You Would Be Down 53%

Jan 25
If You Had Bought China New Town Development's (HKG:1278) Shares Three Years Ago You Would Be Down 53%

China New Town Development (HKG:1278) Seems To Use Debt Quite Sensibly

Dec 21
China New Town Development (HKG:1278) Seems To Use Debt Quite Sensibly

We're Not So Sure You Should Rely on China New Town Development's (HKG:1278) Statutory Earnings

Nov 30
We're Not So Sure You Should Rely on China New Town Development's (HKG:1278) Statutory Earnings

Shareholder Returns

1278HK Real EstateHK Market
7D-5.4%6.1%2.7%
1Y37.5%19.6%41.9%

Return vs Industry: 1278 exceeded the Hong Kong Real Estate industry which returned 19.6% over the past year.

Return vs Market: 1278 underperformed the Hong Kong Market which returned 41.9% over the past year.

Price Volatility

Is 1278's price volatile compared to industry and market?
1278 volatility
1278 Average Weekly Movement8.0%
Real Estate Industry Average Movement5.5%
Market Average Movement7.0%
10% most volatile stocks in HK Market14.7%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1278 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1278's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200294Meiyu Yangwww.china-newtown.com

China New Town Development Company Limited operates as a new town developer in the People’s Republic of China and Hong Kong. It operates through Land Development, Urbanization Development, Property Leasing, and Others segments. The company engages in the development of land infrastructure; construction of ancillary public facilities; and investment in new town projects.

China New Town Development Company Limited Fundamentals Summary

How do China New Town Development's earnings and revenue compare to its market cap?
1278 fundamental statistics
Market capHK$914.27m
Earnings (TTM)HK$45.28m
Revenue (TTM)HK$379.15m
18.9x
P/E Ratio
2.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1278 income statement (TTM)
RevenueCN¥346.25m
Cost of RevenueCN¥56.53m
Gross ProfitCN¥289.72m
Other ExpensesCN¥248.37m
EarningsCN¥41.35m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.0043
Gross Margin83.67%
Net Profit Margin11.94%
Debt/Equity Ratio48.0%

How did 1278 perform over the long term?

See historical performance and comparison

Dividends

3.6%
Current Dividend Yield
121%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/14 15:49
End of Day Share Price 2025/11/14 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

China New Town Development Company Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xiaoxia YangCinda International Research Limited