1. Hong Kong Stocks

  2. •

    Finance

  3. •

    Real estate development
New City Development Group Limited

New City Development Group Limited

HHKEX:456
0.54
HKD
-0.08
(-13.01%)
81.16MMarket 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
0.98
0.86
0.7
0.53
0.59
1.36
0.68
0.57
2.29
2.08
1.9
0.84
0.4
- -
Basic EPS, GAAP
2.33
0.65
0.07
0.02
0.35
0.2
-0.02
-0.34
-0.74
-0.88
-1.39
-1.09
-1.39
- -
Free Cash Flow per Basic Share
0.25
0.47
-0.75
-1.67
-0.3
-0.38
-1.1
-0.96
-3.13
2.03
1.15
0.5
1.61
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
7.95
8.39
9.48
9.09
10
9.91
9.89
8.9
8.16
6.29
3.46
2.8
0.85
0.85
Tangible Book Value per Share
7.95
8.39
9.48
9.09
10
9.91
9.41
8.53
7.97
6.16
3.44
2.8
0.85
0.85
Basic Weighted Avg Shares
53
51
56
66
66
68
72
82
87
87
91
117
159
149
Sales/Revenue/Turnover
52
44
39
35
39
92
48
47
198
180
173
99
63
- -
Operating Margin (%)
52.73
41.01
26.91
19.7
21.39
-29.92
7.16
9.99
8.69
-4.06
-2.23
-20.71
-70.73
- -
Depreciation Expense
1
1
1
1
1
6
8
10
10
12
14
15
3
- -
Net Income, GAAP
123
33
4
1
23
14
-1
-28
-64
-76
-126
-128
-221
- -
Effective Tax Rate (%)
24.72
29.88
57.76
58.38
11.85
51.04
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
238.25
75.25
9.51
3.7
59.56
14.99
-2.22
-59.73
-32.56
-42.3
-72.83
-129.45
-348.28
- -
Working Capital
-3
- -
147
85
56
191
91
812
1,060
763
548
219
167
167
LT Debt
138
114
212
197
236
361
371
520
844
665
445
253
- -
- -
Total Equity
419
442
629
604
664
689
742
792
734
523
372
273
100
100
Return on Invested Capital (%)
4.32
2.17
0.62
0.35
4.13
2.49
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
25.86
7.1
1.22
0.81
4.2
2.51
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
34.69
7.65
0.69
0.21
3.68
2.03
-0.15
-3.76
-8.72
-12.19
-26.51
-34.78
-90.67
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
421
22
402
LT Borrowings
253
662
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
117
138
187
Market Capitalization
72
58
81

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
886
920
837
Cash, Cash Equivalents & STI
70
63
44
Accounts Receivable, Net
- -
- -
- -
Inventories
448
459
485
Total Current Liabilities
667
338
671
Payables & Accruals
- -
- -
- -
ST Debt
421
22
402
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-13.09%
-31%
-63.56%
Free Cash Flow
65.31%
66.47%
335.26%
Net Income, GAAP
427.32%
57.7%
73.1%
Sales/Revenue/Turnover
31.66%
46.23%
-35.66%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
173
2024
- -
- -
99
2025
- -
- -
63

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.39
2024
- -
- -
-1.09
2025
- -
- -
-1.39

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jun Ran Han
Full Time Employees
46
Sector
Finance
Industry
Real estate development
Address
MG Tower Hong Kong Hong Kong
IPO Date
Jul 14, 1993
Website
newcitygroup.com.hk
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Business
New City Development Group Limited (0456.HK) is an investment holding company principally engaged in property development and investment, as well as the operation of lifestyle supermarket retail in the People's Republic of China; it also sells buses and provides general management services. The Group operates through two main segments, property development and investment, which encompasses the development and leasing of residential and commercial properties including investment properties in Guangzhou and projects under development in Luoyang and Zhuhai, and operation of lifestyle supermarket retail, which generates revenue from retail merchandise sales and related services in the PRC. Its properties under development include the Luoyang project, for which it received construction approval in September 2023 and submitted an application in September 2024 to change land use to mixed residential and commercial pending final government approval as of December 2024, and the Zhuhai project in the Greater Bay Area, where development pace is being monitored amid PRC property market adjustments. The Group conducts its operations primarily in the PRC with over 90% of non-current assets located there, targets rental and retail customers, and maintains investment properties generating rental income and related management services through its key subsidiary Guangdong Changliu Investment Company Limited. Incorporated in 1998 in the Cayman Islands and headquartered at Flat D, 17/F, MG Tower, 133 Hoi Bun Road, Kwun Tong, Kowloon, Hong Kong, the company changed its name from New City (China) Development Limited in May 2012. Recent developments include new tenancy agreements entered into on 13 May 2024 for office premises, car parking spaces, and staff quarters in Hong Kong with connected parties for terms commencing 1 June 2024 constituting continuing connected transactions; reduction in supermarket business participation in 2024 to optimize channels amid macroeconomic adjustments; issuance of 21 million new shares on 7 February 2025 at HK$0.325 each raising net proceeds of HK$6.625 million for working capital; impairments recognized in 2024 on property under development, prepayments, intangible assets, and receivables; and ongoing legal proceedings related to prior acquisition disputes with stays of execution granted pending retrials.