China New City Commercial Development Ltd (1321) AI Stock Analysis

• Market Cap: HK$1.18B
• Dividend Yield: N/A
• Average Volume (3M): 376.67K
• Price to Earnings (P/E): 2.4
• Beta (1Y): 0.10
• Revenue Growth: 207.10%
• EPS Growth: N/A
• Country: HK
• Employees: 1,232
• Sector: Real Estate
• Sector Strength: 56
• Industry: Real Estate - Development
• EPS (TTM): 0.27
• Shares Outstanding: 1,844,023,100
• 10 Day Avg. Volume: 59,400
• 30 Day Avg. Volume: 376,666
• PEG Ratio: 0.28
• Price to Book (P/B): 0.23
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$0.46
• Price Target Upside: -31.52% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: HK$0.50 ▼(-25.37%Downside)

The overall stock score is heavily influenced by the company's strong financial performance and attractive valuation. Significant recent improvements in revenue growth and cash flow management position the company favorably. However, mixed technical indicators suggest potential resistance in upward price movement, and the absence of dividend yield could be a drawback for certain investors.

China New City Commercial Development Ltd Business Overview & Revenue Model

Company Description

China New City Commercial Development Ltd (1321) is a real estate development company primarily engaged in the development, leasing, and management of commercial properties in China. The company focuses on creating large-scale urban commercial complexes, including shopping centers, hotels, and office buildings, catering to the needs of rapidly urbanizing areas.

How the Company Makes Money

China New City Commercial Development Ltd generates revenue through several key streams. The primary source of income is the sale of developed commercial properties, which includes shopping centers, office buildings, and mixed-use developments. Additionally, the company earns recurring revenue through the leasing and management of these properties, providing stable cash flow from tenants. The company may also engage in strategic partnerships or joint ventures to expand its development portfolio and enhance its revenue potential. Factors such as urbanization trends, property market dynamics, and government policies in China significantly influence the company's earnings.

China New City Commercial Development Ltd Financial Statement Overview

Summary

China New City Commercial Development Ltd exhibits significant recent financial improvements across income, balance sheet, and cash flow metrics. The company has demonstrated strong revenue growth and profit recovery, coupled with enhanced cash flow management. While historical volatility remains a concern, the current trajectory is positive, reflecting a stabilizing and improving financial position.

Income Statement

The company demonstrated strong revenue growth with a remarkable jump in total revenue from 2023 to 2024, leading to significant improvements in both gross profit and net income. The gross profit margin improved substantially, reflecting effective cost management. However, historical volatility in EBIT and net income margins indicates potential stability concerns, though recent trends are positive.

Balance Sheet

The balance sheet shows a solid equity base with improving stockholders' equity levels. The debt-to-equity ratio is moderate, suggesting manageable leverage. Though the company's equity ratio improved, historical fluctuations in total assets and liabilities highlight potential risks. The overall financial position has stabilized with recent improvements.

Cash Flow

The cash flow statement indicates a strong recovery in free cash flow, supported by robust operating cash flow. The operating cash flow to net income ratio is healthy, but previous periods showed negative free cash flow, highlighting past challenges. The company's recent cash flow management improvements provide a positive outlook.

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

• Technical Analysis Sentiment: Negative
• Last Price: 0.67
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1321, the sentiment is Negative. The current price of 0.67 is above the 20-day moving average (MA) of 0.60, below the 50-day MA of 0.68, and below the 200-day MA of 0.73, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.89 is Neutral, neither overbought nor oversold. The STOCH value of 92.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1321.

China New City Commercial Development Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1321	69 Neutral	HK$1.18B	2.36	9.93%	―	207.10%	―
Sector *	54 Neutral	$1.19B	3.61	0.13%	6.39%	-2.13%	-128.06%
0563	51 Neutral	HK$1.60B	2.80	-2.45%	8.66%	56.41%	-167.15%
0230	49 Neutral	€1.47B	―	-102.67%	―	-21.75%	-246.70%
1238	45 Neutral	HK$1.51B	―	-16.13%	―	10.08%	-118.45%
0095	40 Underperform	HK$1.73B	―	-25.08%	―	-39.64%	-125.38%
1668	38 Underperform	HK$1.40B	―		12.50%	―	―

China New City Commercial Development Ltd Corporate Events

China New City Group Redesignates Director and Strengthens Governance

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.

China New City Group Secures Unanimous Approval at AGM

China New City Group Limited, a company incorporated in the Cayman Islands, announced that all resolutions proposed at its Annual General Meeting were passed unanimously. This includes the approval of financial statements, re-election of directors, re-appointment of auditors, and granting of mandates related to shares. The unanimous approval of these resolutions reflects strong shareholder support and positions the company for continued strategic operations and governance stability.

China New City Group Clarifies Proxy Form Submission Date for AGM

China New City Group Limited has issued a clarification regarding the proxy form for its upcoming Annual General Meeting. The company has corrected the date by which the proxy form should be submitted, moving it to 3 June 2025 instead of 5 June 2025. A revised proxy form has been published, and shareholders are advised to follow the updated instructions to ensure their participation in the meeting.

China New City Announces 2025 AGM and Key Resolutions

China New City Commercial Development Ltd has announced its upcoming annual general meeting scheduled for June 5, 2025, in Hangzhou, China. The meeting will address several key resolutions, including the approval of the company’s 2024 financial statements, re-election of directors, and re-appointment of auditors. Additionally, the company seeks shareholder approval to authorize the board to issue additional shares, which could impact the company’s capital structure and market positioning.