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

• Market Cap: €1.27B
• Dividend Yield: N/A
• Average Volume (3M): 595.67K
• Price to Earnings (P/E): 14.1
• Beta (1Y): -0.21
• Revenue Growth: -54.44%
• EPS Growth: 120.18%
• Country: HK
• Employees: 1,232
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): -0.02
• Shares Outstanding: 1,844,023,100
• 10 Day Avg. Volume: 1,130,000
• 30 Day Avg. Volume: 595,666
• PEG Ratio: -0.01
• Price to Book (P/B): 0.29
• Price to Sales (P/S): 0.37
• P/FCF Ratio: 1.44
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: HK$0.84 ▲(5.12% Upside)

The overall stock score of 63 reflects the company's strong financial performance, marked by recent improvements in revenue and profit recovery. Technical analysis indicates neutral momentum, while valuation metrics suggest moderate attractiveness. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective market strategies and product demand, enhancing long-term financial stability and expansion potential.

Cash Flow Management

Improved cash flow management strengthens the company's ability to fund operations and investments, supporting sustainable growth and resilience.

Balance Sheet Health

A solid equity base and manageable leverage enhance financial stability, providing a foundation for future growth and risk management.

Negative Factors

Revenue Volatility

Volatility in revenue and margins could affect predictability and planning, posing risks to consistent financial performance.

Historical Cash Flow Challenges

Past negative cash flow periods suggest potential operational inefficiencies or financial strain, impacting long-term cash reserves.

Asset and Liability Fluctuations

Fluctuations in assets and liabilities can indicate instability in financial structure, affecting strategic planning and risk exposure.

China New City Commercial Development Ltd Business Overview & Revenue Model

Company Description

China New City Commercial Development Limited, an investment holding company, engages in the commercial property development, leasing, and hotel operations in Mainland China and internationally. The company operates through four segments: Commercial Property Development, Property Rental, Hotel Operations, and Others. It develops, owns, operates, and sells integrated commercial complexes in sub-city centers of second-tier cities in the Yangtze River Delta region. The company also leases investment properties, including offices and shopping malls; and provides property, project, health, and theatre management services, as well as education development services. In addition, it owns and operates four hotels, which include the Holiday Inn Hangzhou Xiaoshan, the Qiandao Lake Bright Resort Hotel, the Ningbo Bright Hotel, and the Huaibei Bright Hotel. The company was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China. China New City Commercial Development Limited is a subsidiary of Ideal World Investments Limited.

How the Company Makes Money

China New City Commercial Development Ltd generates revenue primarily through the leasing and sale of commercial properties. The company earns rental income from tenants occupying its developed retail spaces and offices, which is a significant revenue stream. Additionally, the company profits from property sales, either through direct sales of completed developments or through joint ventures with other real estate firms. The company may also engage in property management services, receiving fees for managing properties on behalf of third parties. Strategic partnerships with local governments and other businesses can enhance its project pipeline and contribute to its earnings by facilitating access to prime development sites and resources.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.55B	4.10B	1.30B	591.78M	871.07M	700.37M
Gross Profit	556.70M	2.06B	368.10M	117.37M	216.50M	170.16M
EBITDA	-101.21M	1.37B	-225.16M	-138.56M	-103.22M	-94.74M
Net Income	90.60M	503.91M	-404.14M	-432.52M	-295.14M	44.43M
Balance Sheet
Total Assets	13.28B	13.39B	13.53B	15.18B	15.50B	15.18B
Cash, Cash Equivalents and Short-Term Investments	208.68M	839.04M	181.19M	968.25M	1.60B	994.23M
Total Debt	4.52B	3.43B	3.26B	4.19B	4.80B	5.82B
Total Liabilities	8.02B	8.04B	8.69B	9.87B	9.77B	9.10B
Stockholders Equity	5.19B	5.27B	4.75B	5.10B	5.50B	5.83B
Cash Flow
Free Cash Flow	8.29M	1.05B	613.04M	-333.21M	694.08M	-863.17M
Operating Cash Flow	59.46M	1.09B	683.94M	-214.66M	813.02M	-800.86M
Investing Cash Flow	-1.13B	-410.66M	-120.79M	261.90M	447.90M	507.44M
Financing Cash Flow	1.15B	-23.41M	-1.33B	-706.57M	-651.25M	880.29M

China New City Commercial Development Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1321, the sentiment is Positive. The current price of 0.8 is above the 20-day moving average (MA) of 0.73, below the 50-day MA of 0.81, and above the 200-day MA of 0.74, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.72 is Neutral, neither overbought nor oversold. The STOCH value of 72.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
1321	63 Neutral	€1.27B	14.05	1.84%	―	-54.44%	120.18%
0563	52 Neutral	HK$1.58B	-2.67	-4.51%	8.79%	23.54%	-204.92%
0095	48 Neutral	HK$1.36B	-0.21	-28.76%	―	-58.04%	-65.03%
0230	46 Neutral	€3.25B	―	-114.48%	―	-26.58%	-40.96%
1668	38 Underperform	€1.22B	-0.14	―	―	―	―
1238	38 Underperform	HK$1.04B	―	-17.55%	―	-11.33%	-7.70%

China New City Commercial Development Ltd Corporate Events

China New City Group Partners with EXIO for Real Estate Tokenization

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 Reports Significant Revenue Decline in H1 2025

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 Issues Profit Warning Amid Revenue Decline

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 Partners with HashKey Exchange for Virtual Asset Collaboration

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.