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China New Town Development SEHK:1278 Stock Report

Last Price

HK$0.064

Market Cap

HK$622.5m

7D

-7.2%

1Y

12.3%

Updated

17 Apr, 2024

Data

Company Financials

China New Town Development Company Limited

SEHK:1278 Stock Report

Market Cap: HK$622.5m

China New Town Development Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China New Town Development
Historical stock prices
Current Share PriceHK$0.064
52 Week HighHK$0.096
52 Week LowHK$0.041
Beta0.72
1 Month Change1.59%
3 Month Change3.23%
1 Year Change12.28%
3 Year Change-62.35%
5 Year Change-65.22%
Change since IPO-94.67%

Recent News & Updates

Recent updates

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-7.2%-5.3%-2.8%
1Y12.3%-40.0%-15.0%

Return vs Industry: 1278 exceeded the Hong Kong Real Estate industry which returned -41.4% over the past year.

Return vs Market: 1278 exceeded the Hong Kong Market which returned -16.4% over the past year.

Price Volatility

Is 1278's price volatile compared to industry and market?
1278 volatility
1278 Average Weekly Movement11.6%
Real Estate Industry Average Movement7.5%
Market Average Movement7.4%
10% most volatile stocks in HK Market14.8%
10% least volatile stocks in HK Market3.8%

Stable Share Price: 1278 has not had significant price volatility in the past 3 months.

Volatility Over Time: 1278's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
200289Meiyu Yangwww.china-newtown.com

China New Town Development Company Limited engages in planning and developing new towns in the People's Republic of China. It operates through four segments: Land Development, Urbanization Development, Property Leasing, and Others. The company provides land infrastructure development services; constructs ancillary public facilities; and invests 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$622.48m
Earnings (TTM)HK$152.40m
Revenue (TTM)HK$365.14m

4.1x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1278 income statement (TTM)
RevenueCN¥337.48m
Cost of RevenueCN¥38.44m
Gross ProfitCN¥299.04m
Other ExpensesCN¥158.18m
EarningsCN¥140.86m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.014
Gross Margin88.61%
Net Profit Margin41.74%
Debt/Equity Ratio49.6%

How did 1278 perform over the long term?

See historical performance and comparison

Dividends

10.6%

Current Dividend Yield

35%

Payout Ratio

Does 1278 pay a reliable dividends?

See 1278 dividend history and benchmarks
When do you need to buy 1278 by to receive an upcoming dividend?
China New Town Development dividend dates
Ex Dividend DateJul 12 2024
Dividend Pay DateAug 16 2024
Days until Ex dividend85 days
Days until Dividend pay date120 days

Does 1278 pay a reliable dividends?

See 1278 dividend history and benchmarks
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