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1278 Stock Chart & Stats
HK$0.08
HK$0.00(0.00%)
At close: 4:00 PM EST
HK$0.08
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$0.06 - HK$0.11
Previous CloseN/A
Volume150.97K
Average Volume (3M)356.11K
Market Cap
HK$671.11M
Enterprise Value-HK$1.16K
Total Cash (Recent Filing)HK$4.26B
Total Debt (Recent Filing)HK$2.22B
Price to Earnings (P/E)5.0
Beta0.73
Next Earnings
Mar 26, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield6.38%
Share Statistics
EPS (TTM)0.01
Shares Outstanding9,726,247,000
10 Day Avg. Volume395,500
30 Day Avg. Volume356,110
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)0.17
Price to Sales (P/S)1.84
P/FCF Ratio-22.13
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
Revenue Rebound And Strong MarginsThe recent top-line recovery, combined with high gross and net margins, indicates that core project economics can be attractive when land-development activity converts into revenue. This supports earnings capacity over the next several quarters, although consistency remains important.
Improving Balance-sheet LeverageMeaningful deleveraging improves financial flexibility and reduces balance-sheet pressure in a capital-intensive property business. A lower debt-to-equity ratio may help the company fund development obligations and withstand uneven project monetization more effectively.
Established Land-development Monetization ModelPrimary Land Development gives the company a defined route from upfront planning and infrastructure work to monetization through government land sales. This model can create value from land preparation and urban-area development when projects progress successfully.
Bears Say
Persistent Negative Cash GenerationWeak cash conversion is a material structural risk because reported profits are not consistently funding operations or development spending. Continued cash outflows could increase reliance on financing, delay project investment, and constrain flexibility in a capital-intensive model.
Low Returns On Equity And Declining AssetsLow ROE suggests the company is generating limited profits from its equity base, while asset contraction may reflect runoff or deleveraging rather than expansion. Together, these factors indicate restrained capital productivity and a limited current growth foundation.
Volatile Earnings And Project Timing DependenceEarnings can fluctuate substantially because revenue is realized when development projects advance and prepared land is sold or auctioned. This timing dependence reduces forecasting visibility and makes sustained profitability harder to assess across property cycles.
1278 FAQ
What was China New Town Development Co. Ltd.’s price range in the past 12 months?
China New Town Development Co. Ltd. lowest stock price was HK$0.06 and its highest was HK$0.11 in the past 12 months.
What is China New Town Development Co. Ltd.’s market cap?
China New Town Development Co. Ltd.’s market cap is HK$671.11M.
When is China New Town Development Co. Ltd.’s upcoming earnings report date?
China New Town Development Co. Ltd.’s upcoming earnings report date is Mar 26, 2027 which is in 175 days.
How were China New Town Development Co. Ltd.’s earnings last quarter?
China New Town Development Co. Ltd. released its earnings results on Aug 21, 2026. The company reported HK$0.006 earnings per share for the quarter.
Is China New Town Development Co. Ltd. overvalued?
According to Wall Street analysts China New Town Development Co. Ltd.’s price is currently Overvalued.
Does China New Town Development Co. Ltd. pay dividends?
China New Town Development Co. Ltd. pays a Semiannually dividend of HK$0.002 which represents an annual dividend yield of 6.38%. See more information on China New Town Development Co. Ltd. dividends here
What is China New Town Development Co. Ltd.’s EPS estimate?
China New Town Development Co. Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does China New Town Development Co. Ltd. have?
China New Town Development Co. Ltd. has 9,726,247,000 shares outstanding.
What happened to China New Town Development Co. Ltd.’s price movement after its last earnings report?
China New Town Development Co. Ltd. reported an EPS of HK$0.006 in its last earnings report. Following the earnings report the stock price went up 6.25%.
Which hedge fund is a major shareholder of China New Town Development Co. Ltd.?
Currently, no hedge funds are holding shares in HK:1278
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
China New Town Development Co. Ltd. Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-25.00%
12-Months-Change
Fundamentals
Return on Equity
6.38%
Trailing 12-Months
Asset Growth
4.13%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
China New Town Development Co. Ltd.
China New Town Development Company Limited focuses on the strategic planning and establishment of new urban centers throughout the People's Republic of China. Its operations are divided into four primary divisions: Land Development, Urbanization Development, Property Leasing, and other related activities. The company's services include providing critical land infrastructure, building supporting public facilities, and investing in new town initiatives. Furthermore, it offers property rental and administrative services, advisory for real estate and business investments, management of assets and funds, development of investments and assets, and general investment management. The firm was established in 2002 and is headquartered in Kowloon, Hong Kong.
Technical Analysis
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