Top Page
China New City Commercial Development Ltd
(Frankfurt:1321)
China New City Commercial Development Ltd (1321) vs. iShares MSCI Hong Kong ETF (EWH)
China New City Commercial Development Ltd Business Overview & Revenue Model
China New City Commercial Development Ltd Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.10B | 1.30B | 591.78M | 871.07M | 700.37M |
| Gross Profit | 2.06B | 368.10M | 117.37M | 216.50M | 170.16M |
| EBITDA | 1.37B | -225.16M | -138.56M | -103.22M | -94.74M |
| Net Income | 503.91M | -404.14M | -432.52M | -295.14M | 44.43M |
Balance Sheet | |||||
| Total Assets | 13.39B | 13.53B | 15.18B | 15.50B | 15.18B |
| Cash, Cash Equivalents and Short-Term Investments | 839.04M | 181.19M | 968.25M | 1.60B | 994.23M |
| Total Debt | 3.43B | 3.26B | 4.19B | 4.80B | 5.82B |
| Total Liabilities | 8.04B | 8.69B | 9.87B | 9.77B | 9.10B |
| Stockholders Equity | 5.27B | 4.75B | 5.10B | 5.50B | 5.83B |
Cash Flow | |||||
| Free Cash Flow | 1.05B | 613.04M | -333.21M | 694.08M | -863.17M |
| Operating Cash Flow | 1.09B | 683.94M | -214.66M | 813.02M | -800.86M |
| Investing Cash Flow | -410.66M | -120.79M | 261.90M | 447.90M | 507.44M |
| Financing Cash Flow | -23.41M | -1.33B | -706.57M | -651.25M | 880.29M |
China New City Commercial Development Ltd Technical Analysis
China New City Commercial Development Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | €1.68B | 18.53 | 1.84% | ― | -54.44% | 120.18% | |
50 Neutral | HK$1.58B | -2.67 | -2.54% | 8.79% | 23.54% | -204.92% | |
44 Neutral | HK$1.17B | -0.38 | -218.83% | ― | -26.58% | -40.96% | |
40 Underperform | HK$1.54B | -0.24 | -28.67% | ― | -58.04% | -65.03% | |
39 Underperform | HK$1.24B | -0.20 | -17.45% | ― | -11.33% | -7.70% | |
38 Underperform | HK$1.22B | -0.14 | ― | ― | ― | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
China New City Commercial Development Ltd Corporate Events
China New City Group Limited has entered into a service agreement with EXIO Group Limited to provide tokenization services for commercial real estate. This collaboration aims to leverage Hong Kong’s status as a financial hub to explore digital assets, potentially enhancing the value of existing assets and strengthening the company’s position in the digital asset sector.
The most recent analyst rating on (HK:1321) stock is a Hold with a HK$1.00 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.
China New City Group Limited reported a significant decline in its financial performance for the first half of 2025, with revenue dropping by 87.5% and a shift from profit to loss compared to the same period in 2024. The company’s gross profit plummeted by 95.1%, and it recorded a net loss attributable to shareholders, indicating challenging market conditions and potential impacts on its financial stability.
The most recent analyst rating on (HK:1321) stock is a Buy with a HK$1.00 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.
China New City Group Limited has issued a profit warning, anticipating a net loss of up to RMB40 million for the first half of 2025, compared to a net profit of RMB347.5 million in the same period of 2024. This shift is primarily due to a significant decline in revenue from the commercial property development segment, as the majority of revenue from a major project was recognized in 2024. However, the company expects a 30% increase in revenue from its property rental business, providing a stable cash inflow.
The most recent analyst rating on (HK:1321) stock is a Buy with a HK$1.00 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.
China New City Group Limited has entered into a strategic cooperation memorandum with HashKey Exchange to explore business opportunities in virtual asset allocation and custody. This partnership aims to enhance asset management efficiency and safety, leveraging HashKey’s expertise as a licensed virtual asset exchange in Hong Kong. The collaboration is expected to improve the Group’s asset management efficiency and diversification, aligning with the global trend towards digital transformation and blockchain technology in the financial sector.
China New City Group Limited, a company listed on the Hong Kong Stock Exchange, has announced an upcoming board meeting scheduled for August 22, 2025. During this meeting, the board will review and approve the unaudited consolidated financial statements for the first half of 2025 and consider the payment of an interim dividend, which could have implications for the company’s financial strategy and shareholder returns.
China New City Group Limited has joined the Hong Kong Real World Assets Global Industry Alliance to promote the digital transformation of real-world assets. This initiative aims to integrate global resources and foster collaborations across various industries, focusing on asset digitalization to enhance the fair value assessment of the Group’s assets and facilitate their value release.
China New City Group Limited has announced the redesignation of Ms. Chen Jing from a non-executive director to an executive director, and her appointment as a member of the corporate governance committee, effective June 20, 2025. Ms. Chen brings over 19 years of experience in human resources management, having held various leadership roles in Zhong An Group Limited and Zhong An Intelligent Living Service Limited. Her new role is expected to enhance the company’s governance and operational oversight, potentially impacting its strategic direction and stakeholder relations positively.