China New City Commercial Development Limited logo

China New City Commercial Development Limited

1321.HK

HKSEReal EstateReal Estate - Development

Latest quote

HK$0.68

−HK$0.03 · -4.23%

Aug 21, 6:09 PM HKT

1321.HK company overview

Company profile

Company website

China New City Commercial Development Limited serves as an investment holding company, with its core activities encompassing commercial property development, rental operations, and hotel management, both within Mainland China and internationally. The company's business is structured across four primary divisions: Commercial Property Development, Property Rental, Hotel Operations, and Other Services. It focuses on the creation, ownership, operation, and sale of integrated commercial complexes strategically located in the secondary city centers of the Yangtze River Delta region. Additionally, the firm leases out various investment properties, including office spaces and shopping malls. Its service portfolio extends to property, project, health, and theatre management, alongside educational development initiatives. The company's hotel assets include four distinct properties: the Holiday Inn Hangzhou Xiaoshan, the Qiandao Lake Bright Resort Hotel, the Ningbo Bright Hotel, and the Huaibei Bright Hotel. Founded in 1997, China New City Commercial Development Limited is headquartered in Hangzhou, People's Republic of China, and operates as a subsidiary of Ideal World Investments Limited.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
CN
CEO
Nanlu Shi
Listed since
Jul 10, 2014
Employees
1,003

Market position

Day range

Current HK$0.68

52-week range

Current HK$0.68

Open
HK$0.68
Previous close
HK$0.71
Volume
26K
0.21× average
Average volume
123.56K
Average daily volume
Market cap
1.25B HKD
Beta
0.89
Market reference 1
50-day average
HK$0.7206
-5.63% below average
200-day average
HK$0.6791
+0.14% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.93B CNY
P/E (TTM)
-7.25×
P/B (TTM)
0.23×
P/S (TTM)
1.46×
EV / EBITDA
-198.32×
Earnings yield
-26.59%
Free cash flow yield
-143.17%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
7.18%
Operating margin
-14.02%
Net margin
-20.31%
Return on equity
-6.11%
Return on assets
-2.13%
Return on invested capital
-1.07%

Financial health

Debt / equity
1.17×
Current ratio

Earnings

Latest EPS result
-0.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.240.09-0.07-0.23Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25
Q4 2021, reported Dec 31, 2021: actual -0.136, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 25, 2022: actual -0.13, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 25, 2023: actual -0.118, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 26, 2023: actual -0.036, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual -0.186, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual 0.202, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 0.067, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual -0.019, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates3.36B2.33B1.29B255.83MQ4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25
Q4 2021, reported Dec 31, 2021: actual 396.64M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 25, 2022: actual 300.98M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 25, 2023: actual 381.17M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 26, 2023: actual 885.21M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual 529.8M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual 3.14B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 1.26B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual 400.78M HKD, estimate —, surprise —, Comparison unavailable.

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