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

• Market Cap: €1.20B
• Dividend Yield: N/A
• Average Volume (3M): 926.87K
• Price to Earnings (P/E): 13.2
• Beta (1Y): -0.28
• 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: 178,400
• 30 Day Avg. Volume: 926,866
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €0.46
• Price Target Upside: -29.70% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 57 Neutral
• Price Target: HK$0.50 ▼(-23.08% Downside)

The overall stock score reflects a combination of strong recent financial performance and moderate valuation, offset by weak technical indicators. The company's financial improvements are a significant positive, but the current technical analysis suggests caution due to bearish momentum. The absence of dividend yield and lack of earnings call data further moderate the score.

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 through the development and sale of commercial properties, including retail and office spaces. The company also earns income from leasing out these developed properties to tenants, creating a steady stream of rental income. Additionally, the company offers property management services for its developments, further contributing to its revenue. Strategic partnerships with local governments and other real estate entities enhance its project pipeline and market reach, supporting its overall profitability.

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: 0.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 0.65 is below the 20-day moving average (MA) of 0.81, below the 50-day MA of 0.76, and below the 200-day MA of 0.73, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 38.23 is Neutral, neither overbought nor oversold. The STOCH value of 13.89 is Positive, 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
Sector *	63 Neutral	$7.09B	13.59	-0.39%	6.85%	4.08%	-25.24%
1321	57 Neutral	€1.20B	13.24	1.84%	―	-54.44%	120.18%
0563	51 Neutral	HK$1.60B	2.80	-4.51%	8.53%	23.54%	-204.92%
1238	44 Neutral	HK$1.35B	―	-17.55%	―	-11.33%	-7.70%
0095	39 Underperform	HK$1.64B	―	-28.76%	―	-58.04%	-65.03%
ONF	―	€135.60M	―	-114.48%	―	―	―
CS4	―	€134.06M	―		―	―	―

China New City Commercial Development Ltd Corporate Events

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.

China New City Group Schedules Board Meeting for Financial Review

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 Joins Global Alliance to Advance Asset Digitalization

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 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.