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1278 Stock Chart & Stats
HK$0.08
HK$0.00(0.00%)
At close: 4:00 PM EST
HK$0.08
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$0.06 - HK$0.13
Previous CloseN/A
Volume150.97K
Average Volume (3M)1.03M
Market Cap
HK$680.84M
Enterprise ValueHK$2.16B
Total Cash (Recent Filing)HK$5.57B
Total Debt (Recent Filing)HK$3.76B
Price to Earnings (P/E)6.8
Beta0.76
Next Earnings
Aug 07, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield3.57%
Share Statistics
EPS (TTM)<0.01
Shares Outstanding9,726,247,000
10 Day Avg. Volume677,187
30 Day Avg. Volume1,031,230
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)0.17
Price to Sales (P/S)1.84
P/FCF Ratio-22.13
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Government-linked New-town Development ModelThe company's core model of new-town development via cooperative arrangements with local governments provides durable access to land, preferential permitting and project pipelines. These structural ties reduce competitive bidding for sites and support multi-year project visibility and incremental revenue opportunities.
Recent Revenue Rebound And Growth TrendA clear revenue rebound in 2025, supported by a multi-year revenue growth metric, suggests recovering demand and execution on project deliveries. Sustained top-line growth helps support operating leverage on future projects and creates a pathway to stabilize margins and reduce reliance on ad hoc asset sales.
Improved Reported Profitability In 2025The company posted improved gross and operating profitability in 2025, indicating it can extract attractive margins when project recognition occurs. If management can sustain execution, this margin capability supports cash generation potential and the ability to service debt or reinvest in higher-return projects.
Bears Say
Rising Leverage Reduces Financial FlexibilityLeverage rising sharply to roughly 0.89 materially reduces balance-sheet flexibility and increases refinancing and interest-rate exposure. In a cyclical property market, higher debt amplifies downside risk, limits the firm's ability to fund delays organically, and constrains strategic optionality.
Inconsistent And Negative Cash GenerationRepeated negative operating and free cash flow across recent years shows cash-generation instability, forcing dependence on external funding for development. This structural cash volatility elevates liquidity and execution risk in downturns and weakens the firm's ability to self-fund pipeline or withstand project timing shifts.
Volatile Earnings Quality And Low ReturnsEarnings are lumpy due to project recognition and apparent non-recurring drivers, and ROE near 1.7% in 2025 signals limited returns on capital. This combination implies the firm needs consistently high-margin project wins to generate durable shareholder returns and to justify reinvestment without increasing leverage.
China New Town Development Co. Ltd. News
1278 FAQ
What was China New Town Development Co. Ltd.’s price range in the past 12 months?
China New Town Development Co. Ltd. lowest stock price was HK$0.06 and its highest was HK$0.13 in the past 12 months.
What is China New Town Development Co. Ltd.’s market cap?
China New Town Development Co. Ltd.’s market cap is HK$680.84M.
When is China New Town Development Co. Ltd.’s upcoming earnings report date?
China New Town Development Co. Ltd.’s upcoming earnings report date is Aug 07, 2026 which is in 3 days.
How were China New Town Development Co. Ltd.’s earnings last quarter?
China New Town Development Co. Ltd. released its earnings results on Mar 20, 2026. The company reported HK$0.003 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.003.
Is China New Town Development Co. Ltd. overvalued?
According to Wall Street analysts China New Town Development Co. Ltd.’s price is currently Overvalued.
Does China New Town Development Co. Ltd. pay dividends?
China New Town Development Co. Ltd. pays a Notavailable dividend of HK$0.003 which represents an annual dividend yield of 3.57%. See more information on China New Town Development Co. Ltd. dividends here
What is China New Town Development Co. Ltd.’s EPS estimate?
China New Town Development Co. Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does China New Town Development Co. Ltd. have?
China New Town Development Co. Ltd. has 9,726,247,000 shares outstanding.
What happened to China New Town Development Co. Ltd.’s price movement after its last earnings report?
China New Town Development Co. Ltd. reported an EPS of HK$0.003 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.333%.
Which hedge fund is a major shareholder of China New Town Development Co. Ltd.?
Currently, no hedge funds are holding shares in HK:1278
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
China New Town Development Co. Ltd. Stock Smart Score
Underperform
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.90%
12-Months-Change
Fundamentals
Return on Equity
3.57%
Trailing 12-Months
Asset Growth
22.82%
Trailing 12-Months
Company Description
China New Town Development Co. Ltd.
China New Town Development Company Limited focuses on the strategic planning and establishment of new urban centers throughout the People's Republic of China. Its operations are divided into four primary divisions: Land Development, Urbanization Development, Property Leasing, and other related activities. The company's services include providing critical land infrastructure, building supporting public facilities, and investing in new town initiatives. Furthermore, it offers property rental and administrative services, advisory for real estate and business investments, management of assets and funds, development of investments and assets, and general investment management. The firm was established in 2002 and is headquartered in Kowloon, Hong Kong.
Technical Analysis
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