New City Development Group Limited (HK:0456)
:0456
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0456 Stock Chart & Stats
HK$0.44
-HK$0.03(-5.88%)
At close: 4:00 PM EST
HK$0.44
-HK$0.03(-5.88%)
Day’s Range― - ―
52-Week RangeHK$0.31 - HK$0.68
Previous CloseN/A
Volume96.00K
Average Volume (3M)80.40K
Market Cap
HK$83.96M
Enterprise ValueHK$463.49M
Total Cash (Recent Filing)HK$64.21M
Total Debt (Recent Filing)HK$402.42M
Price to Earnings (P/E)―
Beta1.37
Next Earnings
Sep 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.39
Shares Outstanding186,579,880
10 Day Avg. Volume14,200
30 Day Avg. Volume80,402
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)0.43
Price to Sales (P/S)1.09
P/FCF Ratio0.33
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
Strong Operating & Free Cash FlowSustained positive operating and free cash flow in 2025 (>HK$200M) provides durable liquidity to fund project completion, service debt and avoid urgent refinancing. Reliable cash generation creates runway for restructuring or reinvestment despite earnings volatility.
Positive Gross Margin On ProjectsA ~32% gross margin indicates core development activities remain profitable at the project level, showing pricing power or cost control in construction/sales. This underlying project profitability is a structural asset when non-operating losses and impairments are addressed.
Operating Cash Covers Portion Of DebtOperating cash covering ~56% of total debt implies operations generate meaningful coverage of liabilities, reducing immediate default risk and providing a measurable buffer. This partial coverage supports creditor negotiation and phased deleveraging over time.
Bears Say
Deep Net LossesA net margin near -348% reflects large non-operating losses or impairments that destroy equity and restrict capital allocation. Persistent deep losses undermine balance-sheet repair, deter partners and lenders, and require sustained profit recovery to restore financial stability.
Materially Higher Leverage And Equity ErosionRapid rise in leverage and a ~50% equity decline sharply reduce the balance-sheet cushion, heightening refinancing, covenant and asset-coverage risk. Elevated leverage limits new project capacity and raises long-term funding costs until equity is rebuilt or debt reduced.
Contracting Revenue TrendMulti-year revenue contraction reduces scale economies and constrains margin recovery, making fixed-cost absorption and debt service harder. Sustained top-line decline signals weaker demand or execution, lengthening the timeframe for profitable turnaround and deleveraging.
New City Development Group Limited News
0456 FAQ
What was New City Development Group Limited’s price range in the past 12 months?
New City Development Group Limited lowest stock price was HK$0.31 and its highest was HK$0.68 in the past 12 months.
What is New City Development Group Limited’s market cap?
New City Development Group Limited’s market cap is HK$83.96M.
When is New City Development Group Limited’s upcoming earnings report date?
New City Development Group Limited’s upcoming earnings report date is Sep 02, 2026 which is in 104 days.
How were New City Development Group Limited’s earnings last quarter?
New City Development Group Limited released its earnings results on Mar 31, 2026. The company reported -HK$1.354 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$1.354.
Is New City Development Group Limited overvalued?
According to Wall Street analysts New City Development Group Limited’s price is currently Overvalued.
Does New City Development Group Limited pay dividends?
New City Development Group Limited does not currently pay dividends.
What is New City Development Group Limited’s EPS estimate?
New City Development Group Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does New City Development Group Limited have?
New City Development Group Limited has 186,579,880 shares outstanding.
What happened to New City Development Group Limited’s price movement after its last earnings report?
New City Development Group Limited reported an EPS of -HK$1.354 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of New City Development Group Limited?
Currently, no hedge funds are holding shares in HK:0456
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
Company Description
New City Development Group Limited
New City Development Group Limited, an investment holding company, engages in the property development and investment activities in the People's Republic of China. It also sells buses; and offers general management services, as well as engages in the supermarket business. The company was formerly known as New City (China) Development Limited and changed its name to New City Development Group Limited in May 2012. The company was incorporated in 1998 and is headquartered in Kwun Tong, Hong Kong.
Technical Analysis
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