China New Town Development Company Limited
Research China New Town Development Company Limited (1278.HK) on Bullrun: market cap HKD 671.11M, P/E 6.9, dividend yield 6.7%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- Ticker1278.HK
- ExchangeHK
- CountryHong Kong
- SectorReal Estate
- IndustryReal Estate - Development
- CurrencyHKD
- Market capHKD 671.11M
- P/E6.9
- Dividend yield6.7%
- Financial periodFY2025
- RevenueCNY 157.51M
- Revenue growth2.4%
- Net incomeCNY 73.30M
- Free cash flow-CNY 179.38M
- Gross margin48.9%
Valuation Snapshot
latest market cap is HKD 671.11M; P/E is 6.9; dividend yield is 6.7%.
Peer valuation comparison
Latest P/E is 6.9x versus a Real Estate sector median of 13x (46.9% below).
Latest dividend yield is 6.67% versus a Real Estate sector median of 4.63% (44.1% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CNY 157.51M | CNY 73.30M | -CNY 179.38M | 48.9% | 0.01 | CNY 2.20B | CNY 3.76B | CNY 4.23B |
| FY2024 | CNY 153.77M | CNY 44.32M | CNY 27.57M | 63.4% | 0 | CNY 1.05B | CNY 2.30B | CNY 4.21B |
| FY2023 | CNY 162.68M | CNY 140.86M | -CNY 25.75M | 76.4% | 0.01 | CNY 1.45B | CNY 2.32B | CNY 4.19B |
| FY2022 | CNY 161.91M | CNY 2.72M | -CNY 116.38M | 73.3% | 0 | CNY 504.25M | CNY 1.12B | CNY 4.07B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-18 | HKD 671.11M | 6.9 | 6.4% | 0 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0 HKD, yield 6.7%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.01 CNY |
| FY2024 | 0 CNY |
| FY2023 | 0 CNY |
About China New Town Development Company Limited
China New Town Development Company Limited engages in the new town development business in the People's Republic of China and Hong Kong. It operates through Urbanisation Investment, Property Leasing, Building Construction, and Others segments. The company engages in the development and sale of land infrastructure; property leasing and operations; historical urbanization projects; and construction and preparation of ancillary public facilities. It also provides consultation;
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Frequently asked questions
What is China New Town Development Company Limited's market cap?
China New Town Development Company Limited's market capitalization is HKD 671.11M.
What is China New Town Development Company Limited's P/E ratio?
China New Town Development Company Limited's price-to-earnings (P/E) ratio is 6.9.
Does China New Town Development Company Limited pay a dividend?
China New Town Development Company Limited has a dividend yield of 6.7%.
What does China New Town Development Company Limited do?
China New Town Development Company Limited engages in the new town development business in the People's Republic of China and Hong Kong. It operates through Urbanisation Investment, Property Leasing, Building Construction, and Others segments. The company engages in the development and sale of land infrastructure; property leasing and operations; historical urbanization projects; and construction and preparation of ancillary public facilities.