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China New City Commercial Development Ltd (1321) AI Stock Analysis
China New City Commercial Development Ltd
(HKEX:1321)
The score is primarily held down by weak financial performance, driven by the severe 2025 revenue decline, return to significant losses, and deeply negative operating/free cash flow alongside rising leverage. Technical indicators provide some offset as the price is trading above key moving averages with mildly positive momentum, but valuation support is limited because the company is loss-making (negative P/E) and no dividend yield is available.
China New City Commercial Development Ltd (1321) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 1.33B
- Dividend Yield
- ―
- Average Volume (3M)
- 173.56K
- Price to Earnings (P/E)
- -7.7
- Beta (1Y)
- -0.36
- Revenue Growth
- -50.51%
- EPS Growth
- -262.73%
- Country
- Hong Kong
- Employees
- 942
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Development
China New City Commercial Development Ltd Business Overview & Revenue Model
Company Description
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...
China New City Commercial Development Ltd Financial Statement Overview
Summary
Financial performance is weak. The income statement shows a sharp 2025 deterioration with ~53% revenue decline, negative gross profit, operating losses, and a large net loss after stronger 2024 results. Cash flow also weakened materially in 2025 with deeply negative operating and free cash flow, increasing funding pressure. The balance sheet retains meaningful equity, but leverage rose and debt-to-equity moved above 1.0, reducing flexibility.
Income Statement
18Very NegativeBalance Sheet
38NegativeCash Flow
22Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 739.80M | 739.70M | 4.10B | 1.30B | 591.78M | 871.07M |
| Gross Profit | 108.22M | 91.07M | 2.06B | 368.10M | 117.37M | 216.50M |
| EBITDA | 4.69M | -25.99M | 1.37B | -225.16M | -105.86M | -53.40M |
| Net Income | -147.94M | -276.19M | 503.91M | -404.14M | -432.52M | -295.14M |
Balance Sheet | ||||||
| Total Assets | 12.54B | 12.96B | 13.39B | 13.53B | 15.18B | 15.50B |
| Cash, Cash Equivalents and Short-Term Investments | 185.89M | 181.69M | 839.04M | 181.19M | 968.25M | 1.60B |
| Total Debt | 5.40B | 5.08B | 3.43B | 3.26B | 4.19B | 4.80B |
| Total Liabilities | 7.87B | 8.38B | 8.04B | 8.69B | 9.87B | 9.77B |
| Stockholders Equity | 4.61B | 4.52B | 5.27B | 4.75B | 5.10B | 5.50B |
Cash Flow | ||||||
| Free Cash Flow | -964.78M | -1.49B | 1.05B | 613.04M | -333.21M | 694.08M |
| Operating Cash Flow | -916.70M | -1.42B | 1.09B | 683.94M | -214.66M | 813.02M |
| Investing Cash Flow | -194.82M | -986.61M | -410.66M | -120.79M | 261.90M | 447.90M |
| Financing Cash Flow | 873.21M | 1.64B | -23.41M | -1.33B | -706.57M | -651.25M |
China New City Commercial Development Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1321, the sentiment is Neutral. The current price of 0.72 is below the 20-day moving average (MA) of 0.73, above the 50-day MA of 0.72, and above the 200-day MA of 0.69, indicating a neutral trend. The MACD of -0.00 indicates Positive momentum. The RSI at 46.43 is Neutral, neither overbought nor oversold. The STOCH value of 73.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1321.
China New City Commercial Development Ltd Peers Comparison
Overall Rating
HK:061849Neutral- HK:132146Neutral
HK:056341Neutral
HK:009539Underperform
HK:123839Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| HK:0618 | 49Neutral | HKD 834.91M | 0.40 | 262.91% | ― | -2.43% | ― |
| HK:1321 | 46Neutral | HKD 1.33B | -7.67 | -3.24% | ― | -50.51% | -262.73% |
| HK:0563 | 41Neutral | HKD 1.14B | -1.25 | -6.95% | ― | -72.43% | -49.43% |
| HK:0095 | 39Underperform | HKD 1.15B | -0.13 | -81.01% | ― | 293.31% | -29.87% |
| HK:1238 | 39Underperform | HKD 579.66M | -0.13 | -14.48% | ― | -22.15% | 32.63% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1321 | China New City Commercial Development Ltd | 0.72 | 0.02 | 2.86% | |
| HK:0095 | LVGEM (China) Real Estate Investment Company Limited | 0.18 | -0.04 | -16.97% | |
| HK:0618 | Peking University Resources Holdings Co. Ltd. | 0.30 | 0.14 | 85.19% | |
| HK:1238 | Powerlong Real Estate Holdings Ltd. | 0.14 | -0.12 | -46.15% | |
| HK:0563 | Shanghai Industrial Urban Development Group Ltd | 0.23 | -0.10 | -30.00% |
China New City Commercial Development Ltd Corporate Events
China New City Group Swings Back to Profit on Property Valuation Gains
China New City Group Limited reported unaudited interim results for the six months ended 30 June 2026, showing stable revenue of RMB366.4 million, roughly flat year-on-year. The group’s total assets decreased slightly to RMB12.54 billion, while...
China New City Signals Sharp Interim Profit Rebound on Property Revaluation Gains
China New City Group Limited has issued a positive profit alert, indicating it expects to post a net profit of about RMB92.7 million for the six months ended 30 June 2026, reversing a net loss of roughly RMB35.5 million a year earlier. The board emph...
China New City Group Sets Board Meeting to Review Interim Results and Dividend
China New City Group Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange, operating in the China-focused commercial development and investment sector. It is governed by a board that includes executive, non-executiv...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 27, 2026