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China New City Commercial Development Ltd ( (HK:1321) ) has issued an update.
China New City Group Limited has warned investors that it expects to swing to a net loss of up to RMB291 million for the year ended 31 December 2025, compared with a net profit of about RMB486 million a year earlier. The reversal is driven by an estimated 91% drop in revenue from its commercial property development business after revenue from its flagship IOC Building A2.1 project was largely recognised in 2024 and no similarly sized new projects were booked in 2025.
Despite the downturn in development income, the group anticipates at least a 23% rise in revenue from its property rental segment, which is helping to underpin stable cash inflows. The company cautioned that the figures are based on preliminary, unaudited management accounts and may be adjusted, and it urged shareholders and potential investors to exercise caution when trading its shares ahead of the full annual results due later in March 2026.
The most recent analyst rating on (HK:1321) stock is a Hold with a HK$0.67 price target. To see the full list of analyst forecasts on China New City Commercial Development Ltd stock, see the HK:1321 Stock Forecast page.
More about China New City Commercial Development Ltd
China New City Group Limited is a Cayman Islands-incorporated developer focused on commercial property projects and property rental operations in mainland China. The group’s portfolio includes large-scale office developments such as its International Office Center projects, while its rental segment provides recurring income through leased commercial properties.
Average Trading Volume: 222,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$866.7M
See more data about 1321 stock on TipRanks’ Stock Analysis page.