China New City Group Limited

China New City Group Limited

HHKEX:1321
0.69
HKD
-0.03
(-4.17%)
1.20BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.5
0.14
0.29
0.49
0.17
1.05
0.97
0.35
0.43
0.29
0.65
2.04
0.38
- -
Basic EPS, GAAP
0.21
0.32
0.43
0.08
0.27
-0.13
0.01
0.02
-0.15
-0.22
-0.2
0.25
-0.14
- -
Free Cash Flow per Basic Share
-0.42
-0.82
-0.22
-0.32
-0.17
-0.22
-0.24
-0.43
0.35
-0.17
0.3
0.52
-0.77
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.34
2.47
2.9
2.98
3.17
3.04
2.87
2.9
2.74
2.54
2.36
2.62
2.45
2.5
Tangible Book Value per Share
1.34
2.46
2.9
2.81
3.13
3.04
2.8
2.84
2.72
2.53
2.36
2.62
2.45
2.5
Basic Weighted Avg Shares
1,738
1,492
1,738
1,737
1,784
1,840
2,010
2,011
2,011
2,011
2,011
2,011
1,927
1,882
Sales/Revenue/Turnover
876
209
504
858
296
1,925
1,956
700
871
592
1,297
4,104
740
- -
Operating Margin (%)
30.3
-18.87
2.85
14.69
-46.45
0.28
23.38
-27.41
-22.9
-42.66
2.03
43.66
-18.64
- -
Depreciation Expense
14
13
13
13
17
50
120
142
162
150
150
122
113
- -
Net Income, GAAP
365
477
740
147
489
-244
26
44
-295
-433
-404
504
-276
- -
Effective Tax Rate (%)
34.91
29.47
30.15
48.41
37.99
- -
88.09
76.96
- -
- -
- -
57.03
- -
- -
Profit Margin (%)
41.63
228.15
146.9
17.13
165.04
-12.65
1.34
6.34
-33.88
-73.09
-31.15
12.28
-37.34
- -
Working Capital
-712
-100
777
251
215
-258
1,773
2,113
274
-440
-847
593
1,618
1,498
LT Debt
2,335
2,240
3,052
2,197
1,927
2,046
4,412
5,119
3,247
2,827
2,626
2,348
4,800
5,079
Total Equity
2,541
4,457
5,220
5,342
6,008
5,898
6,142
6,077
5,734
5,308
4,841
5,342
4,578
4,672
Return on Invested Capital (%)
3.92
-0.4
1.1
0.72
-0.92
- -
0.56
-0.21
- -
- -
- -
8.04
- -
- -
Return on Capital (%)
7.94
7.69
8.58
1.8
5.84
- -
0.26
1
- -
- -
- -
6.79
- -
- -
Return on Common Equity (%)
17.18
14.41
15.87
2.88
8.87
-4.26
0.46
0.76
-5.21
-8.16
-8.21
10.07
-5.65
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
330
273
323
LT Borrowings
4,128
4,789
5,072
LT Finance Leases
15
11
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,011
1,844
1,844
Market Capitalization
1,102
994
1,039

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
5,407
4,527
3,549
Cash, Cash Equivalents & STI
209
65
185
Accounts Receivable, Net
76
19
20
Inventories
3,935
2,992
1,962
Total Current Liabilities
3,229
2,909
2,051
Payables & Accruals
2,612
- -
- -
ST Debt
330
273
323
Deferred Revenue
287
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.98%
-5.16%
-14.3%
Free Cash Flow
-65.19%
-156.68%
-241.93%
Net Income, GAAP
-114.32%
-220.76%
-154.81%
Sales/Revenue/Turnover
73.84%
49.18%
-81.97%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4,104
2025
- -
- -
740
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.25
2025
- -
- -
-0.14
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Nanlu Shi
Full Time Employees
1,003
Sector
Finance
Industry
Real estate development
Address
Xinhang Business Center Hangzhou ZH China
IPO Date
Jul 10, 2014
Business
China New City Commercial Development Limited (1321.HK) is an investment holding company principally engaged in property development and investment activities in the People's Republic of China. The company develops and sells residential properties, commercial properties, and hotel properties; leases investment properties; and provides property management services, construction services, and hotel management services. Its property portfolio encompasses low-density, high-rise residential developments, retail shopping malls, office buildings, and star-rated hotels under brands such as Holiday Inn, Courtyard by Marriott, and Dorsett. The group operates primarily in tier-2 and tier-3 cities across provinces including Hubei, Hunan, Jiangxi, and Anhui, targeting middle-income buyers and commercial tenants. Founded in 1994 and headquartered in Wuhan, Hubei Province, China, the company maintains subsidiaries focused on real estate operations without notable parent affiliations. In recent developments within the last two years, the company has navigated challenging market conditions in China's property sector, including debt restructuring efforts and asset disposals to bolster liquidity, alongside strategic shifts toward stabilized rental income from investment properties.