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China New Town Development SEHK:1278 Stock Report

Last Price

HK$0.065

Market Cap

HK$632.2m

7D

-1.5%

1Y

12.1%

Updated

26 Mar, 2024

Data

Company Financials

China New Town Development Company Limited

SEHK:1278 Stock Report

Market Cap: HK$632.2m

1278 Stock Overview

China New Town Development Company Limited engages in planning and developing new towns in the People's Republic of China.

1278 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends1/6

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$0.065
52 Week HighHK$0.096
52 Week LowHK$0.041
Beta0.70
1 Month Change1.56%
3 Month Change0%
1 Year Change12.07%
3 Year Change-56.38%
5 Year Change-66.67%
Change since IPO-94.58%

Recent News & 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?

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-1.5%0.2%0.3%
1Y12.1%-35.7%-12.7%

Return vs Industry: 1278 exceeded the Hong Kong Real Estate industry which returned -35.3% over the past year.

Return vs Market: 1278 exceeded the Hong Kong Market which returned -12.2% over the past year.

Price Volatility

Is 1278's price volatile compared to industry and market?
1278 volatility
1278 Average Weekly Movement11.1%
Real Estate Industry Average Movement7.7%
Market Average Movement7.3%
10% most volatile stocks in HK Market14.7%
10% least volatile stocks in HK Market3.7%

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

Volatility Over Time: 1278's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
200289Meiyu Yanghttps://www.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$632.21m
Earnings (TTM)-HK$23.35m
Revenue (TTM)HK$332.72m

1.9x

P/S Ratio

-27.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1278 income statement (TTM)
RevenueCN¥307.01m
Cost of RevenueCN¥148.06m
Gross ProfitCN¥158.96m
Other ExpensesCN¥180.50m
Earnings-CN¥21.55m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Mar 28, 2024

Earnings per share (EPS)-0.0022
Gross Margin51.77%
Net Profit Margin-7.02%
Debt/Equity Ratio56.4%

How did 1278 perform over the long term?

See historical performance and comparison

Dividends

6.7%

Current Dividend Yield

-92%

Payout Ratio
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