China New Town Development Co. Ltd. (HK:1278)
:1278
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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$0.07 - HK$0.15
Previous CloseN/A
Volume150.97K
Average Volume (3M)1.03M
Market Cap
HK$719.74M
Enterprise ValueHK$2.23B
Total Cash (Recent Filing)HK$5.57B
Total Debt (Recent Filing)HK$3.76B
Price to Earnings (P/E)8.9
Beta0.76
Next Earnings
Aug 07, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield6.71%
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
Structural Exposure To UrbanizationThe company's core business—planning, development and management of large new-town projects—aligns with long-term urbanization trends in China. This structural exposure supports multi-year project pipelines, recurring infrastructure roles, and durable demand for land preparation and supporting facilities.
Revenue Rebound In 2025A clear revenue rebound in 2025 signals recovering demand and effective project execution. Sustained top-line recovery can translate into steadier project cash flows and improved ability to convert backlog into recognitions, supporting medium-term operational resilience if the trend continues.
Improved Operating ProfitabilityImproved gross and operating margins in 2025 indicate better project economics or mix. Sustained operating profitability enhances internal cash generation potential, aids debt servicing capacity, and increases flexibility to reinvest in projects or maintain distributions over the medium term.
Bears Say
Rising LeverageLeverage rising to ~0.89 materially reduces balance-sheet flexibility in a cyclical real estate sector. Higher debt raises interest and refinancing risk, limits room to finance new projects internally, and amplifies downside losses if sales or margins soften over the coming quarters.
Inconsistent Cash GenerationRepeated negative operating and free cash flow years show the business struggles to convert accounting profits into durable cash. This inconsistency heightens reliance on external financing for working capital and project spend, increasing liquidity and execution risk across cycles.
Low ROE And Earnings VolatilityLow ROE (~1.7%) signals limited profitability versus capital employed, reducing the firm's buffer against downturns. Combined with lumpy, recognition-driven earnings, this creates uncertain profit conversion and slower capital accumulation, constraining long-term return improvement.
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$0.07 and its highest was HK$0.15 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$719.74M.
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 56 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 6.71%. 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 1.282%.
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
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.90%
12-Months-Change
Fundamentals
Return on Equity
1.64%
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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