2892 Stock Overview
Million Cities Holdings Limited, an investment holding company, develops and sells properties in the People’s Republic of China.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Million Cities Holdings Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.50 |
| 52 Week High | HK$0.55 |
| 52 Week Low | HK$0.30 |
| Beta | -0.072 |
| 1 Month Change | 9.89% |
| 3 Month Change | -9.09% |
| 1 Year Change | -9.09% |
| 3 Year Change | -60.94% |
| 5 Year Change | -64.03% |
| Change since IPO | -60.32% |
Recent News & Updates
What Million Cities Holdings Limited's (HKG:2892) 32% Share Price Gain Is Not Telling You
Apr 04
Million 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 01Recent updates
What 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% | -5.3% | -2.8% |
| 1Y | -9.1% | -40.0% | -15.0% |
Return vs Industry: 2892 exceeded the Hong Kong Real Estate industry which returned -41.4% over the past year.
Return vs Market: 2892 exceeded the Hong Kong Market which returned -16.4% over the past year.
Price Volatility
| 2892 volatility | |
|---|---|
| 2892 Average Weekly Movement | 11.4% |
| Real Estate Industry Average Movement | 7.5% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in HK Market | 14.8% |
| 10% least volatile stocks in HK Market | 3.8% |
Stable Share Price: 2892's share price has been volatile over the past 3 months.
Volatility Over Time: 2892's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 60 | 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$375.00m |
| Earnings (TTM) | -HK$521.81m |
| Revenue (TTM) | HK$694.22m |
0.5x
P/S Ratio-0.7x
P/E RatioIs 2892 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2892 income statement (TTM) | |
|---|---|
| Revenue | CN¥641.63m |
| Cost of Revenue | CN¥806.14m |
| Gross Profit | -CN¥164.50m |
| Other Expenses | CN¥317.78m |
| Earnings | -CN¥482.28m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.64 |
| Gross Margin | -25.64% |
| Net Profit Margin | -75.16% |
| Debt/Equity Ratio | 0% |
How did 2892 perform over the long term?
See historical performance and comparison