1278 Stock Overview
Engages in planning and developing new towns in the People's Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
China New Town Development Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.06 |
| 52 Week High | HK$0.10 |
| 52 Week Low | HK$0.053 |
| Beta | 0.60 |
| 1 Month Change | -9.09% |
| 3 Month Change | 1.69% |
| 1 Year Change | -4.76% |
| 3 Year Change | -25.00% |
| 5 Year Change | -58.33% |
| Change since IPO | -95.00% |
Recent News & Updates
Is China New Town Development (HKG:1278) A Risky Investment?
Sep 29
Estimating The Fair Value Of China New Town Development Company Limited (HKG:1278)
Jul 27Recent updates
Is China New Town Development (HKG:1278) A Risky Investment?
Sep 29Estimating The Fair Value Of China New Town Development Company Limited (HKG:1278)
Jul 27Health Check: How Prudently Does China New Town Development (HKG:1278) Use Debt?
Dec 12China New Town Development (HKG:1278) Could Easily Take On More Debt
May 16Is China New Town Development (HKG:1278) Using Too Much Debt?
Aug 31Is China New Town Development (HKG:1278) Using Too Much Debt?
May 09China New Town Development (HKG:1278) Seems To Use Debt Quite Sensibly
Dec 10Is China New Town Development (HKG:1278) A Risky Investment?
Aug 09Here's Why China New Town Development (HKG:1278) Can Manage Its Debt Responsibly
Apr 05Is China New Town Development Company Limited (HKG:1278) Popular Amongst Insiders?
Mar 01If You Had Bought China New Town Development's (HKG:1278) Shares Three Years Ago You Would Be Down 53%
Jan 25China New Town Development (HKG:1278) Seems To Use Debt Quite Sensibly
Dec 21We're Not So Sure You Should Rely on China New Town Development's (HKG:1278) Statutory Earnings
Nov 30
Shareholder Returns
| 1278 | HK Real Estate | HK Market | |
|---|---|---|---|
| 7D | -4.8% | -4.3% | -0.5% |
| 1Y | -4.8% | -10.3% | 19.9% |
Return vs Industry: 1278 exceeded the Hong Kong Real Estate industry which returned -10.3% over the past year.
Return vs Market: 1278 underperformed the Hong Kong Market which returned 19.9% over the past year.
Price Volatility
| 1278 volatility | |
|---|---|
| 1278 Average Weekly Movement | 14.2% |
| Real Estate Industry Average Movement | 9.8% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 1278's share price has been volatile over the past 3 months compared to the Hong Kong market.
Volatility Over Time: 1278's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 89 | Meiyu Yang | 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
| 1278 fundamental statistics | |
|---|---|
| Market cap | HK$583.57m |
| Earnings (TTM) | HK$149.41m |
| Revenue (TTM) | HK$403.51m |
3.9x
P/E Ratio1.4x
P/S RatioIs 1278 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1278 income statement (TTM) | |
|---|---|
| Revenue | CN¥378.63m |
| Cost of Revenue | CN¥35.63m |
| Gross Profit | CN¥342.99m |
| Other Expenses | CN¥202.80m |
| Earnings | CN¥140.20m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.014 |
| Gross Margin | 90.59% |
| Net Profit Margin | 37.03% |
| Debt/Equity Ratio | 48.7% |
How did 1278 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:26 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
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.
| Analyst | Institution |
|---|---|
| Xiaoxia Yang | Cinda International Research Limited |