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2892 Stock Chart & Stats
HK$0.34
HK$0.01(3.92%)
At close: 4:00 PM EST
HK$0.34
HK$0.01(3.92%)
Day’s Range― - ―
52-Week RangeHK$0.04 - HK$1.08
Previous CloseN/A
Volume2.00K
Average Volume (3M)2.33K
Market Cap
HK$465.00M
Enterprise Value-HK$7.86M
Total Cash (Recent Filing)HK$94.55M
Total Debt (Recent Filing)HK$550.23K
Price to Earnings (P/E)―
Beta-0.19
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding750,000,000
10 Day Avg. Volume0
30 Day Avg. Volume2,333
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)0.41
Price to Sales (P/S)3.19
P/FCF Ratio-13.60
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
Low LeverageVery low debt and near-zero debt-to-equity materially lower refinancing and interest-rate risk, giving the company structural financial flexibility. This reduces short-term solvency pressure, preserves liquidity for restructuring or restart investments, and supports survival during cyclical property downturns.
Narrowing LossesA large reduction in annual net loss signals meaningful operational improvement or cost control, improving runway and credibility with creditors. If sustained, narrower losses reduce capital erosion and increase the chance of re-achieving profitability within several quarters to a few years.
Improving Cash Outflow TrendOperating and free cash flow remain negative but the material reduction in outflow shows improving cash dynamics. This trend, if persistent, lowers near-term cash burn, extends runway without new financing and enables management to focus on stabilizing operations or selective reinvestment.
Bears Say
Revenue CollapseA structural decline of this magnitude indicates loss of core revenue drivers or asset-mix shrinkage, undermining the business model's scale economics. Sustained low top-line levels constrain margins, limit reinvestment capacity and make recovery dependent on new projects or asset disposals.
Negative Cash GenerationPersistent negative operating and free cash flow erode liquidity and force reliance on asset sales, capital injections or debt. This weakens strategic flexibility, hampers ability to fund development cycles, and increases the risk of dilutive financing or fire-sale disposals during prolonged recovery.
Sustained Negative MarginsDeep negative operating and net margins mean the core property development operations are not generating returns and are eroding equity. Continued negative profitability reduces investor confidence, limits ability to rebuild capital organically, and can perpetuate a cycle of shrinking scale and higher per-unit costs.
Million Cities Holdings Ltd. News
2892 FAQ
What was Million Cities Holdings Ltd.’s price range in the past 12 months?
Million Cities Holdings Ltd. lowest stock price was HK$0.04 and its highest was HK$1.08 in the past 12 months.
What is Million Cities Holdings Ltd.’s market cap?
Million Cities Holdings Ltd.’s market cap is HK$465.00M.
When is Million Cities Holdings Ltd.’s upcoming earnings report date?
Million Cities Holdings Ltd.’s upcoming earnings report date is Aug 31, 2026 which is in 21 days.
How were Million Cities Holdings Ltd.’s earnings last quarter?
Million Cities Holdings Ltd. released its earnings results on Mar 30, 2026. The company reported -HK$0.027 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.027.
Is Million Cities Holdings Ltd. overvalued?
According to Wall Street analysts Million Cities Holdings Ltd.’s price is currently Overvalued.
Does Million Cities Holdings Ltd. pay dividends?
Million Cities Holdings Ltd. does not currently pay dividends.
What is Million Cities Holdings Ltd.’s EPS estimate?
Million Cities Holdings Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Million Cities Holdings Ltd. have?
Million Cities Holdings Ltd. has 750,000,000 shares outstanding.
What happened to Million Cities Holdings Ltd.’s price movement after its last earnings report?
Million Cities Holdings Ltd. reported an EPS of -HK$0.027 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 11.392%.
Which hedge fund is a major shareholder of Million Cities Holdings Ltd.?
Currently, no hedge funds are holding shares in HK:2892
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
Company Description
Million Cities Holdings Ltd.
Million Cities Holdings Limited operates as an investment holding enterprise, with its principal activities centered on real estate development and sales within the People's Republic of China. The company's primary focus is on the construction of residential properties, which often incorporate integrated ancillary facilities. Beyond development, it also markets its completed projects, leases out both developed and available properties including retail units and kindergartens, and offers property management services. Established in 2003, the firm is based in Tai Po, Hong Kong, and functions as a subsidiary of Happy Family Trust.
Technical Analysis
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