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China New Town Development Co. Ltd.
(1278)
China New Town Development Co. Ltd. (1278) vs. iShares MSCI Hong Kong ETF (EWH)
China New Town Development Co. Ltd. Business Overview & Revenue Model
China New Town Development Co. Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 153.77M | 162.68M | 161.91M | 187.93M | 171.19M |
| Gross Profit | 97.52M | 124.23M | 118.64M | 124.53M | 130.33M |
| EBITDA | 176.00M | 306.59M | 115.43M | 207.34M | -79.15M |
| Net Income | 44.32M | 140.86M | 2.72M | 108.58M | -250.93M |
Balance Sheet | |||||
| Total Assets | 7.90B | 7.88B | 6.58B | 6.68B | 7.41B |
| Cash, Cash Equivalents and Short-Term Investments | 2.98B | 3.32B | 2.35B | 1.77B | 2.85B |
| Total Debt | 2.30B | 2.32B | 1.12B | 1.13B | 1.85B |
| Total Liabilities | 3.20B | 3.21B | 2.05B | 2.16B | 3.02B |
| Stockholders Equity | 4.21B | 4.19B | 4.07B | 4.05B | 3.94B |
Cash Flow | |||||
| Free Cash Flow | 29.40M | -25.75M | -116.38M | 416.31M | -71.94M |
| Operating Cash Flow | 29.88M | -20.04M | -33.91M | 422.71M | -13.00M |
| Investing Cash Flow | -296.75M | -71.58M | 226.92M | -106.16M | 1.67B |
| Financing Cash Flow | -142.87M | 1.04B | -75.62M | -785.71M | -1.04B |
China New Town Development Co. Ltd. Technical Analysis
China New Town Development Co. Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | HK$1.23B | 25.71 | 1.06% | 3.10% | -1.83% | -69.18% | |
63 Neutral | HK$1.11B | 2.03 | 9.93% | ― | 207.10% | ― | |
59 Neutral | €985.54M | 6.08 | -2.79% | 5.96% | 92.46% | -154.18% | |
59 Neutral | C$1.24B | 0.83 | -8.20% | 5.11% | 9.89% | -25.14% | |
55 Neutral | HK$763.66M | ― | -6.26% | 5.90% | -27.39% | -196.24% | |
46 Neutral | €1.44B | ― | -102.67% | ― | -21.75% | -246.70% | |
38 Underperform | HK$1.27B | ― | 12.50% | ― | ― |
China New Town Development Co. Ltd. Corporate Events
China New Town Development Company Limited announced an update on its urbanization fixed income investment portfolio, which now totals RMB 3,237 million after accounting for risky projects. The portfolio is expected to yield a 7.0% average annualized pre-tax return. The company has added new projects in Liyang and Wenzhou while withdrawing from a project in Jiangsu Taizhou, having received the principal and guaranteed gains. This strategic adjustment reflects the company’s ongoing efforts to optimize its investment portfolio and enhance returns for stakeholders.
China New Town Development Co. Ltd. announced the resignation of Mr. Hu Zhiwei as executive director and vice chairman due to changes in his work commitments. Ms. Mei Zhe has been appointed as the new authorized representative. Additionally, the company’s independent auditor has changed its name to Rongcheng (Hong Kong) CPA Limited.
China New Town Development Co. Ltd. has announced the composition of its board of directors, highlighting the roles and functions of its executive, non-executive, and independent non-executive directors. The board has established three committees—Audit, Nomination, and Remuneration—each chaired by different board members. This announcement reflects the company’s commitment to structured governance and may influence its strategic direction and stakeholder relations.
China New Town Development Co. Ltd. has announced significant changes to its board of directors and committee composition following its 2025 Annual General Meeting. Mr. Feng Xiaoliang and Mr. Wang Hongxu have retired and resigned as non-executive directors, respectively, due to changes in their work commitments. The company has appointed Mr. Wang Yi and Mr. Xie Zhen as new non-executive directors, while Ms. Liu Yanhong has joined the Nomination Committee, replacing Mr. Yuan Kejian. These changes reflect a strategic shift in leadership, potentially impacting the company’s governance and future direction.
China New Town Development Co. Ltd. has announced the composition of its board of directors, which includes a mix of executive, non-executive, and independent non-executive directors. The board has established three committees—Audit, Nomination, and Remuneration—to enhance governance and operational oversight. This announcement underscores the company’s commitment to robust corporate governance and may impact its strategic decision-making and stakeholder confidence.
China New Town Development Company Limited, listed on the Hong Kong Stock Exchange, has established a Nomination Committee as part of its adherence to corporate governance standards. This committee is tasked with overseeing the appointment and re-election of directors, assessing board effectiveness, and ensuring board diversity. The committee’s responsibilities include maintaining a balance of diversity in terms of gender, age, and professional background to support the company’s business growth.
China New Town Development Co. Ltd. announced the results of its Annual General Meeting held on June 19, 2025, where all proposed resolutions were passed with unanimous support. The meeting included significant decisions such as the re-election of directors, approval of financial statements, and the appointment of CL Partners CPA Limited as the new independent auditor, replacing Ernst & Young. These resolutions reflect the company’s ongoing commitment to governance and strategic planning, potentially impacting its operational efficiency and market perception positively.
China New Town Development Co. Ltd. announced the withdrawal of an ordinary resolution at its 2025 AGM due to Mr. Feng Xiaoliang’s decision not to seek re-election as a non-executive director. This decision, attributed to changes in Mr. Feng’s work commitments, will result in his retirement from the board, effective after the AGM. The company has confirmed that there are no disagreements or issues related to this change that need to be communicated to shareholders or the stock exchange.
China New Town Development Company Limited has announced the appointment of Mr. Meng Hongzhong as its new Chief Financial Officer, effective May 30, 2025. Mr. Meng brings over 20 years of experience in accounting and financial management, having held senior roles at various prominent companies including Hop Hing Group Holdings Limited, We Doctor Holdings Limited, and Meituan. His extensive background is expected to enhance the company’s financial operations and strategic financial planning.
China New Town Development Co. Ltd. has announced its upcoming annual general meeting (AGM) on June 19, 2025, in Beijing, where shareholders will consider several key resolutions. These include the adoption of the company’s audited financial statements for 2024, approval of a final dividend, re-election of directors, appointment of a new independent auditor, and authorization for the board to manage share buybacks. The resolutions are aimed at strengthening the company’s governance and financial strategies, potentially impacting its market presence and shareholder value.