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New City Development Group Limited is currently in a long term downtrend where the price is trading 12.7% below its 200 day moving average.
From a valuation standpoint, the stock is 43.4% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 8.4.
New City Development Group Limited's total revenue sank by 20.3% to $19M since the same quarter in the previous year.
Its net income has dropped by 199.0% to $-11M since the same quarter in the previous year.
Finally, its free cash flow grew by 103.2% to $748K since the same quarter in the previous year.
Based on the above factors, New City Development Group Limited gets an overall score of 1/5.
| Sector | Real Estate |
|---|---|
| ISIN | KYG648311119 |
| CurrencyCode | HKD |
| Exchange | HK |
| Industry | Real Estate-Development |
| Dividend Yield | 0.0% |
|---|---|
| Beta | -0.35 |
| PE Ratio | None |
| Market Cap | 130M |
| Target Price | None |
New City Development Group Limited, an investment holding company, engages in the property development and investment activities in the People's Republic of China. It also sells buses; and offers general management services, as well as engages in the supermarket business. The company was formerly known as New City (China) Development Limited and changed its name to New City Development Group Limited in May 2012. The company was incorporated in 1998 and is headquartered in Kwun Tong, Hong Kong.
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