2892 Stock Overview
An investment holding company, develops and sells properties in the People’s Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Million Cities Holdings Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.26 |
| 52 Week High | HK$0.85 |
| 52 Week Low | HK$0.25 |
| Beta | -0.12 |
| 1 Month Change | -8.93% |
| 3 Month Change | -44.57% |
| 1 Year Change | -36.25% |
| 3 Year Change | -75.71% |
| 5 Year Change | -75.94% |
| Change since IPO | -79.76% |
Recent News & Updates
Recent updates
Million Cities Holdings Limited's (HKG:2892) Popularity With Investors Under Threat As Stock Sinks 30%
Oct 23
We Discuss Why Million Cities Holdings Limited's (HKG:2892) CEO Compensation May Be Closely Reviewed
Jun 10Risks Still Elevated At These Prices As Million Cities Holdings Limited (HKG:2892) Shares Dive 31%
May 24What Million Cities Holdings Limited's (HKG:2892) 32% Share Price Gain Is Not Telling You
Apr 04Million Cities Holdings Limited's (HKG:2892) Shares Climb 36% But Its Business Is Yet to Catch Up
Feb 01Does Million Cities Holdings (HKG:2892) Have A Healthy Balance Sheet?
Nov 01Million Cities Holdings' (HKG:2892) Earnings Are Of Questionable Quality
May 10What Type Of Returns Would Million Cities Holdings'(HKG:2892) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Dec 17Shareholder Returns
| 2892 | HK Real Estate | HK Market | |
|---|---|---|---|
| 7D | 0% | 0.3% | 2.3% |
| 1Y | -36.3% | -8.4% | 22.4% |
Return vs Industry: 2892 underperformed the Hong Kong Real Estate industry which returned -9.7% over the past year.
Return vs Market: 2892 underperformed the Hong Kong Market which returned 21.1% over the past year.
Price Volatility
| 2892 volatility | |
|---|---|
| 2892 Average Weekly Movement | 9.4% |
| Real Estate Industry Average Movement | 9.9% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.5% |
| 10% least volatile stocks in HK Market | 4.0% |
Stable Share Price: 2892 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2892's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 45 | Ka Keung Lau | www.millioncities.com.cn |
Million Cities Holdings Limited, an investment holding company, develops and sells properties in the People’s Republic of China. The company primarily focuses on the development of affordable, luxury, residential, complex, and integrated properties in Huizhou. It also sells developed properties; leases developed and unsold developed properties; and manages properties.
Million Cities Holdings Limited Fundamentals Summary
| 2892 fundamental statistics | |
|---|---|
| Market cap | HK$191.25m |
| Earnings (TTM) | -HK$579.87m |
| Revenue (TTM) | HK$383.32m |
0.5x
P/S Ratio-0.3x
P/E RatioIs 2892 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2892 income statement (TTM) | |
|---|---|
| Revenue | CN¥360.09m |
| Cost of Revenue | CN¥635.03m |
| Gross Profit | -CN¥274.94m |
| Other Expenses | CN¥269.79m |
| Earnings | -CN¥544.73m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.73 |
| Gross Margin | -76.35% |
| Net Profit Margin | -151.28% |
| Debt/Equity Ratio | 0% |
How did 2892 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:34 |
| End of Day Share Price | 2024/12/24 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Million Cities Holdings Limited is covered by 0 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 |
|---|