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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$461.25M
Enterprise ValueHK$291.58
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 26, 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 Financial LeverageMinimal debt reduces refinancing pressure, interest burden, and balance-sheet risk. This provides financial flexibility to manage the prolonged operating downturn, although declining equity means the company is not fully insulated from continued losses.
Losses Narrowed MateriallyThe substantial reduction in net losses indicates some improvement in cost control or non-recurring pressures. If sustained, this could help stabilize equity and move the company closer to breakeven, despite ongoing revenue and margin weakness.
Cash Outflow ReducedA smaller cash outflow improves near-term financial resilience relative to the prior year and may slow liquidity depletion. However, the benefit remains limited because operating and free cash flow are still negative and cash generation is not yet dependable.
Bears Say
Severe Revenue ContractionThe prolonged collapse in revenue signals major deterioration in business scale, demand, or project delivery. Such a reduced operating base makes fixed costs harder to absorb and materially weakens the prospects for sustainable profitability.
Persistent UnprofitabilityNegative operating and net margins show that the core business is not currently converting activity into earnings. Continued losses can erode equity, constrain reinvestment, and delay any durable recovery in shareholder returns.
Negative Operating And Free Cash FlowSustained cash burn limits the company’s ability to fund operations, invest in projects, or return capital without using existing liquidity or selling assets. This remains a fundamental weakness even with low leverage.
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$461.25M.
When is Million Cities Holdings Ltd.’s upcoming earnings report date?
Million Cities Holdings Ltd.’s upcoming earnings report date is Aug 26, 2026 which is tomorrow.
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 N/A.
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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