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2892 Stock Chart & Stats
HK$0.34
HK$0.01(3.92%)
At close: 4:00 PM EST
HK$0.34
HK$0.01(3.92%)
Day’s Range― - ―
52-Week RangeHK$0.04 - HK$1.08
Previous CloseN/A
Volume2.00K
Average Volume (3M)2.33K
Market Cap
HK$465.00M
Enterprise Value-HK$7.86M
Total Cash (Recent Filing)HK$94.55M
Total Debt (Recent Filing)HK$550.23K
Price to Earnings (P/E)―
Beta-0.19
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding750,000,000
10 Day Avg. Volume0
30 Day Avg. Volume2,333
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)0.41
Price to Sales (P/S)3.19
P/FCF Ratio-13.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Very Low LeverageDebt-to-equity near zero materially reduces refinancing and interest-rate risk, giving the company financial flexibility. Over a multi-month horizon this strong balance-sheet positioning provides runway to absorb operating losses, support project completion or fund opportunistic investments without urgent borrowing.
Narrowing Net LossesA substantial reduction in net losses shows operational stabilization or successful cost measures. If sustained, narrowing losses lower ongoing capital drain and raise the probability the business can return to profitability within months, improving prospects for reinvestment and reducing reliance on balance-sheet moves.
Improving Cash-flow TrendThe move from a large cash outflow toward a smaller outflow (and prior positive OCF in 2023) indicates the company retains operational cash-generation capability. Over a 2-6 month horizon, this improving cash-flow trend reduces immediate liquidity pressure and increases optionality for project execution or restructuring.
Bears Say
Severe Revenue DeclineA collapse in revenue of this magnitude destroys scale, compresses margins, and signals lost projects or market share. Structurally, rebuilding top-line requires securing new development sales or assets — a multi-quarter challenge that determines whether profitability and sustainable cash generation can return.
Negative Operating And Free Cash FlowPersistent negative OCF and FCF erode liquidity and force reliance on asset disposals or financing even with low debt. Over months this limits the firm's ability to fund development cycles, delay capital expenditures, and constrains strategic options until consistent positive cash generation resumes.
Sustained UnprofitabilityDeep negative operating and net margins indicate the core business is not producing returns on capital. Continued unprofitability depresses equity, yields negative ROE, and hampers reinvestment capacity — a structural headwind that must be resolved to restore long-term solvency and shareholder value.
Million Cities Holdings Ltd. News
2892 FAQ
What was Million Cities Holdings Ltd.’s price range in the past 12 months?
Million Cities Holdings Ltd. lowest stock price was HK$0.04 and its highest was HK$1.08 in the past 12 months.
What is Million Cities Holdings Ltd.’s market cap?
Million Cities Holdings Ltd.’s market cap is HK$465.00M.
When is Million Cities Holdings Ltd.’s upcoming earnings report date?
Million Cities Holdings Ltd.’s upcoming earnings report date is Aug 31, 2026 which is in 28 days.
How were Million Cities Holdings Ltd.’s earnings last quarter?
Million Cities Holdings Ltd. released its earnings results on Mar 30, 2026. The company reported -HK$0.027 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.027.
Is Million Cities Holdings Ltd. overvalued?
According to Wall Street analysts Million Cities Holdings Ltd.’s price is currently Overvalued.
Does Million Cities Holdings Ltd. pay dividends?
Million Cities Holdings Ltd. does not currently pay dividends.
What is Million Cities Holdings Ltd.’s EPS estimate?
Million Cities Holdings Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Million Cities Holdings Ltd. have?
Million Cities Holdings Ltd. has 750,000,000 shares outstanding.
What happened to Million Cities Holdings Ltd.’s price movement after its last earnings report?
Million Cities Holdings Ltd. reported an EPS of -HK$0.027 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 11.392%.
Which hedge fund is a major shareholder of Million Cities Holdings Ltd.?
Currently, no hedge funds are holding shares in HK:2892
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Million Cities Holdings Ltd.
Million Cities Holdings Limited operates as an investment holding enterprise, with its principal activities centered on real estate development and sales within the People's Republic of China. The company's primary focus is on the construction of residential properties, which often incorporate integrated ancillary facilities. Beyond development, it also markets its completed projects, leases out both developed and available properties including retail units and kindergartens, and offers property management services. Established in 2003, the firm is based in Tai Po, Hong Kong, and functions as a subsidiary of Happy Family Trust.
Technical Analysis
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