New Century Real Estate Investment Trust is a real estate investment trust externally managed by New Century Asset Management Ltd. It invests in the real estate properties of China. The firm mainly invests in the hospitality sector. New Century Real Estate Investment Trust is based in Hong Kong.
Research context
New Century Real Estate Investment Trust appears in PyInvesting’s Hong Kong Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- HKD
- Sector
- Real Estate
- Industry
- REIT-Hotel & Motel
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 7 months ago
New Century Real Estate Investment Trust is currently in a long term uptrend where the price is trading 33.4% above its 200 day moving average.
From a valuation standpoint, the stock is 26.3% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 7.4.
New Century Real Estate Investment Trust's total revenue sank by 26.6% to $93M since the same quarter in the previous year.
Its net income has dropped by 946.2% to $-474M since the same quarter in the previous year.
Finally, its free cash flow grew by 48.5% to $21M since the same quarter in the previous year.
Based on the above factors, New Century Real Estate Investment Trust gets an overall score of 2/5.