GoAI
Get started
New City Development Group Limited logo

New City Development Group Limited

0456.HK

HKSEReal EstateReal Estate - Development

Open in GoAI

Latest quote

HK$0.545

−HK$0.085 · -13.49%

Aug 24, 9:32 AM HKT

0456.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

New City Development Group Limited operates as an investment holding firm, with its main activities centered on property development and investments across the People's Republic of China. The company also diversifies its operations through bus sales, the provision of general management services, and the management of supermarket businesses. Established in 1998, the organization was previously known as New City (China) Development Limited before officially changing its name to New City Development Group Limited in May 2012. Its corporate headquarters are located in Kwun Tong, Hong Kong.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
HK
CEO
Junran Han
Listed since
Jul 14, 1993
Employees
46

Market position

52-week range

Current HK$0.545

Open
HK$0.545
Previous close
HK$0.63
Volume
4K
0.08× average
Average volume
50.63K
Average daily volume
Market cap
116.75M HKD
Beta
-0.11
Market reference 1
50-day average
HK$0.5603
-2.73% below average
200-day average
HK$0.4945
+10.21% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
448.5M HKD
P/E (TTM)
-0.39×
P/B (TTM)
0.54×
P/S (TTM)
1.84×
EV / EBITDA
-2.02×
Earnings yield
-320.33%
Free cash flow yield
306.63%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
39.52%
Operating margin
-173.32%
Net margin
-347.96%
Return on equity
-138.56%
Return on assets
-15.08%
Return on invested capital
-6.10%

Financial health

Debt / equity
2.52×
Current ratio
0.15×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends90%-69%-228%-388%Gross margin, FY2021: 47.40%Gross margin, FY2022: 45.40%Gross margin, FY2023: 46.19%Gross margin, FY2024: 50.51%Gross margin, FY2025: 31.86%Operating margin, FY2021: -19.07%Operating margin, FY2022: -50.61%Operating margin, FY2023: -102.51%Operating margin, FY2024: -134.65%Operating margin, FY2025: -162.12%Net margin, FY2021: -32.56%Net margin, FY2022: -42.30%Net margin, FY2023: -72.83%Net margin, FY2024: -129.45%Net margin, FY2025: -347.96%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 47.40%. Gross margin FY2022 45.40%. Gross margin FY2023 46.19%. Gross margin FY2024 50.51%. Gross margin FY2025 31.86%. Operating margin FY2021 -19.07%. Operating margin FY2022 -50.61%. Operating margin FY2023 -102.51%. Operating margin FY2024 -134.65%. Operating margin FY2025 -162.12%. Net margin FY2021 -32.56%. Net margin FY2022 -42.30%. Net margin FY2023 -72.83%. Net margin FY2024 -129.45%. Net margin FY2025 -347.96%.

Income trends

Revenue

63.5M HKD-35.60%

Operating income

−102.95M HKD+22.46%

Net income

−220.96M HKD-73.10%
Income trends across reported periods239.69M HKD72.19M HKD−95.32M HKD−262.83M HKDRevenue, FY2021: 197.82M HKDRevenue, FY2022: 180.19M HKDRevenue, FY2023: 172.93M HKDRevenue, FY2024: 98.61M HKDRevenue, FY2025: 63.5M HKDOperating income, FY2021: −37.72M HKDOperating income, FY2022: −91.19M HKDOperating income, FY2023: −177.27M HKDOperating income, FY2024: −132.77M HKDOperating income, FY2025: −102.95M HKDNet income, FY2021: −64.42M HKDNet income, FY2022: −76.23M HKDNet income, FY2023: −125.95M HKDNet income, FY2024: −127.65M HKDNet income, FY2025: −220.96M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 197.82M HKD. Revenue FY2022 180.19M HKD. Revenue FY2023 172.93M HKD. Revenue FY2024 98.61M HKD. Revenue FY2025 63.5M HKD. Operating income FY2021 −37.72M HKD. Operating income FY2022 −91.19M HKD. Operating income FY2023 −177.27M HKD. Operating income FY2024 −132.77M HKD. Operating income FY2025 −102.95M HKD. Net income FY2021 −64.42M HKD. Net income FY2022 −76.23M HKD. Net income FY2023 −125.95M HKD. Net income FY2024 −127.65M HKD. Net income FY2025 −220.96M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue63.5M HKD98.61M HKD172.93M HKD180.19M HKD197.82M HKD
Cost of goods sold43.27M HKD48.81M HKD93.06M HKD98.38M HKD104.06M HKD
Gross profit20.23M HKD49.8M HKD79.87M HKD81.81M HKD93.76M HKD
Selling, general, and administrative68.01M HKD103.26M HKD95.79M HKD92.45M HKD131.14M HKD
Operating expenses123.18M HKD182.57M HKD257.14M HKD173M HKD235.54M HKD
Interest income—348K HKD4.82M HKD4.8M HKD5.87M HKD
Interest expense36.79M HKD13.91M HKD23.51M HKD33.86M HKD31.68M HKD
Depreciation and amortization2.96M HKD14.63M HKD13.7M HKD12.35M HKD10.08M HKD
Operating income−102.95M HKD−132.77M HKD−177.27M HKD−91.19M HKD−37.72M HKD
Net income−220.96M HKD−127.65M HKD−125.95M HKD−76.23M HKD−64.42M HKD

Company facts updated Aug 24, 2026.

0456.HK peers

Sun Hung Kai Properties Limited logo

0016.HK

Sun Hung Kai Properties Limited

HK$126.5

-1.33%

China Resources Land Limited logo

1109.HK

China Resources Land Limited

HK$33.92

-4.13%

CK Asset Holdings Limited logo

1113.HK

CK Asset Holdings Limited

HK$47.08

-0.51%

China Overseas Land & Investment Ltd. logo

0688.HK

China Overseas Land & Investment Ltd.

HK$13.76

-2.41%

KE Holdings Inc. logo

2423.HK

KE Holdings Inc.

HK$47.14

+3.88%

Swire Properties Limited logo

1972.HK

Swire Properties Limited

HK$25.34

-0.24%

Continue in GoAI

Research 0456.HK

research.disclaimer