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China New City Commercial Development Limited is currently in a long term downtrend where the price is trading 6.6% below its 200 day moving average.
From a valuation standpoint, the stock is 82.9% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 1.0.
China New City Commercial Development Limited's total revenue sank by 69.5% to $395M since the same quarter in the previous year.
Its net income has dropped by 152.8% to $-25M since the same quarter in the previous year.
Finally, its free cash flow fell by 239.7% to $-530M since the same quarter in the previous year.
Based on the above factors, China New City Commercial Development Limited gets an overall score of 1/5.
| Industry | Real Estate-Development |
|---|---|
| Sector | Real Estate |
| ISIN | KYG211931004 |
| Exchange | HK |
| CurrencyCode | HKD |
| PE Ratio | None |
|---|---|
| Beta | -0.16 |
| Market Cap | 2B |
| Dividend Yield | 0.0% |
| Target Price | None |
China New City Commercial Development Limited, an investment holding company, engages in the commercial property development, leasing, and hotel operations in Mainland China and internationally. The company operates through four segments: Commercial Property Development, Property Rental, Hotel Operations, and Others. It develops, owns, operates, and sells integrated commercial complexes in sub-city centers of second-tier cities in the Yangtze River Delta region. The company also leases investment properties, including offices and shopping malls; and provides property, project, health, and theatre management services, as well as education development services. In addition, it owns and operates four hotels, which include the Holiday Inn Hangzhou Xiaoshan, the Qiandao Lake Bright Resort Hotel, the Ningbo Bright Hotel, and the Huaibei Bright Hotel. The company was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China. China New City Commercial Development Limited is a subsidiary of Ideal World Investments Limited.
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