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New City Development Group Limited
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Let's analyse New City Development Group Limited together

PenkeI guess you are interested in New City Development Group Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of New City Development Group Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of New City Development Group Limited (30 sec.)










What can you expect buying and holding a share of New City Development Group Limited? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
HK$4.64
Expected worth in 1 year
HK$-0.89
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
HK$-5.53
Return On Investment
-938.1%

For what price can you sell your share?

Current Price per Share
HK$0.59
Expected price per share
HK$0.52 - HK$0.6
How sure are you?
50%

1. Valuation of New City Development Group Limited (5 min.)




Live pricePrice per Share (EOD)

HK$0.59

Intrinsic Value Per Share

HK$3.44 - HK$21.93

Total Value Per Share

HK$8.08 - HK$26.57

2. Growth of New City Development Group Limited (5 min.)




Is New City Development Group Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$69.5m$90.2m-$20.7m-29.8%

How much money is New City Development Group Limited making?

Current yearPrevious yearGrowGrow %
Making money-$9.7m-$8.2m-$1.5m-15.5%
Net Profit Margin-42.3%-32.6%--

How much money comes from the company's main activities?

3. Financial Health of New City Development Group Limited (5 min.)




4. Comparing to competitors in the Real Estate - Development industry (5 min.)




  Industry Rankings (Real Estate - Development)  

What can you expect buying and holding a share of New City Development Group Limited? (5 min.)

Welcome investor! New City Development Group Limited's management wants to use your money to grow the business. In return you get a share of New City Development Group Limited.

What can you expect buying and holding a share of New City Development Group Limited?

First you should know what it really means to hold a share of New City Development Group Limited. And how you can make/lose money.

Speculation

The Price per Share of New City Development Group Limited is HK$0.59. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of New City Development Group Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in New City Development Group Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$4.64. Based on the TTM, the Book Value Change Per Share is HK$-1.38 per quarter. Based on the YOY, the Book Value Change Per Share is HK$5.84 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of New City Development Group Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps-0.08-14.1%-0.08-14.1%-0.07-11.9%-0.03-5.2%-0.01-2.5%
Usd Book Value Change Per Share-0.18-30.0%-0.18-30.0%0.75126.5%0.1119.2%0.069.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.18-30.0%-0.18-30.0%0.75126.5%0.1119.2%0.069.8%
Usd Price Per Share0.21-0.21-0.01-0.07-0.07-
Price to Earnings Ratio-2.48--2.48--0.12--47.73-129.03-
Price-to-Total Gains Ratio-1.16--1.16-0.01--85.61--35.29-
Price to Book Ratio0.35-0.35-0.01-1.23-1.88-
Price-to-Total Gains Ratio-1.16--1.16-0.01--85.61--35.29-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.075402
Number of shares13262
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.180.11
Usd Total Gains Per Share-0.180.11
Gains per Quarter (13262 shares)-2,345.261,505.52
Gains per Year (13262 shares)-9,381.026,022.07
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-9381-9391060226012
20-18762-1877201204412034
30-28143-2815301806618056
40-37524-3753402408824078
50-46905-4691503011030100
60-56286-5629603613236122
70-65667-6567704215542144
80-75048-7505804817748166
90-84429-8443905419954188
100-93810-9382006022160210

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%6.04.00.060.0%11.013.00.045.8%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%6.04.00.060.0%13.011.00.054.2%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.024.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%6.04.00.060.0%13.011.00.054.2%

Fundamentals of New City Development Group Limited

About New City Development Group Limited

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. New City Development Group Limited was incorporated in 1998 and is headquartered in Kwun Tong, Hong Kong.

Fundamental data was last updated by Penke on 2024-03-24 17:24:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of New City Development Group Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit New City Development Group Limited earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare New City Development Group Limited to the Real Estate - Development industry mean.
  • A Net Profit Margin of -42.3% means that $-0.42 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of New City Development Group Limited:

  • The MRQ is -42.3%. The company is making a huge loss. -2
  • The TTM is -42.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-42.3%TTM-42.3%0.0%
TTM-42.3%YOY-32.6%-9.7%
TTM-42.3%5Y-24.4%-17.9%
5Y-24.4%10Y26.4%-50.8%
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ-42.3%2.0%-44.3%
TTM-42.3%8.4%-50.7%
YOY-32.6%14.3%-46.9%
5Y-24.4%14.3%-38.7%
10Y26.4%14.2%+12.2%
1.1.2. Return on Assets

Shows how efficient New City Development Group Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare New City Development Group Limited to the Real Estate - Development industry mean.
  • -3.9% Return on Assets means that New City Development Group Limited generated $-0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of New City Development Group Limited:

  • The MRQ is -3.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -3.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.9%TTM-3.9%0.0%
TTM-3.9%YOY-2.8%-1.1%
TTM-3.9%5Y-1.4%-2.5%
5Y-1.4%10Y1.6%-3.0%
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.9%0.1%-4.0%
TTM-3.9%0.5%-4.4%
YOY-2.8%1.2%-4.0%
5Y-1.4%1.7%-3.1%
10Y1.6%1.7%-0.1%
1.1.3. Return on Equity

Shows how efficient New City Development Group Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare New City Development Group Limited to the Real Estate - Development industry mean.
  • -14.0% Return on Equity means New City Development Group Limited generated $-0.14 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of New City Development Group Limited:

  • The MRQ is -14.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -14.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-14.0%TTM-14.0%0.0%
TTM-14.0%YOY-9.1%-4.9%
TTM-14.0%5Y-5.0%-9.0%
5Y-5.0%10Y1.6%-6.6%
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ-14.0%0.2%-14.2%
TTM-14.0%1.8%-15.8%
YOY-9.1%3.9%-13.0%
5Y-5.0%5.1%-10.1%
10Y1.6%4.8%-3.2%

1.2. Operating Efficiency of New City Development Group Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient New City Development Group Limited is operating .

  • Measures how much profit New City Development Group Limited makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare New City Development Group Limited to the Real Estate - Development industry mean.
  • An Operating Margin of -44.7% means the company generated $-0.45  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of New City Development Group Limited:

  • The MRQ is -44.7%. The company is operating very inefficient. -2
  • The TTM is -44.7%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-44.7%TTM-44.7%0.0%
TTM-44.7%YOY-19.1%-25.6%
TTM-44.7%5Y-28.1%-16.6%
5Y-28.1%10Y2.8%-30.9%
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ-44.7%5.1%-49.8%
TTM-44.7%6.2%-50.9%
YOY-19.1%20.4%-39.5%
5Y-28.1%20.4%-48.5%
10Y2.8%19.8%-17.0%
1.2.2. Operating Ratio

Measures how efficient New City Development Group Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Real Estate - Development industry mean).
  • An Operation Ratio of 1.98 means that the operating costs are $1.98 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of New City Development Group Limited:

  • The MRQ is 1.980. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.980. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.980TTM1.9800.000
TTM1.980YOY1.400+0.580
TTM1.9805Y1.493+0.487
5Y1.49310Y1.126+0.366
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9801.657+0.323
TTM1.9801.652+0.328
YOY1.4001.244+0.156
5Y1.4931.296+0.197
10Y1.1261.318-0.192

1.3. Liquidity of New City Development Group Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if New City Development Group Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Real Estate - Development industry mean).
  • A Current Ratio of 5.09 means the company has $5.09 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of New City Development Group Limited:

  • The MRQ is 5.089. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.089. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.089TTM5.0890.000
TTM5.089YOY3.777+1.312
TTM5.0895Y4.163+0.926
5Y4.16310Y3.088+1.075
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0892.054+3.035
TTM5.0891.950+3.139
YOY3.7771.956+1.821
5Y4.1632.076+2.087
10Y3.0882.079+1.009
1.3.2. Quick Ratio

Measures if New City Development Group Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare New City Development Group Limited to the Real Estate - Development industry mean.
  • A Quick Ratio of 0.49 means the company can pay off $0.49 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of New City Development Group Limited:

  • The MRQ is 0.490. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.490. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.490TTM0.4900.000
TTM0.490YOY0.261+0.230
TTM0.4905Y1.572-1.082
5Y1.57210Y1.798-0.226
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4900.175+0.315
TTM0.4900.115+0.375
YOY0.2610.177+0.084
5Y1.5720.151+1.421
10Y1.7980.142+1.656

1.4. Solvency of New City Development Group Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of New City Development Group Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare New City Development Group Limited to Real Estate - Development industry mean.
  • A Debt to Asset Ratio of 0.72 means that New City Development Group Limited assets are financed with 72.3% credit (debt) and the remaining percentage (100% - 72.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of New City Development Group Limited:

  • The MRQ is 0.723. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.723. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.723TTM0.7230.000
TTM0.723YOY0.691+0.032
TTM0.7235Y0.596+0.127
5Y0.59610Y0.508+0.088
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7230.712+0.011
TTM0.7230.714+0.009
YOY0.6910.702-0.011
5Y0.5960.678-0.082
10Y0.5080.653-0.145
1.4.2. Debt to Equity Ratio

Measures if New City Development Group Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare New City Development Group Limited to the Real Estate - Development industry mean.
  • A Debt to Equity ratio of 261.1% means that company has $2.61 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of New City Development Group Limited:

  • The MRQ is 2.611. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.611. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.611TTM2.6110.000
TTM2.611YOY2.236+0.376
TTM2.6115Y1.660+0.951
5Y1.66010Y1.193+0.467
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6112.507+0.104
TTM2.6112.531+0.080
YOY2.2362.391-0.155
5Y1.6602.241-0.581
10Y1.1932.097-0.904

2. Market Valuation of New City Development Group Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings New City Development Group Limited generates.

  • Above 15 is considered overpriced but always compare New City Development Group Limited to the Real Estate - Development industry mean.
  • A PE ratio of -2.48 means the investor is paying $-2.48 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of New City Development Group Limited:

  • The EOD is -0.907. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.476. Based on the earnings, the company is expensive. -2
  • The TTM is -2.476. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.907MRQ-2.476+1.569
MRQ-2.476TTM-2.4760.000
TTM-2.476YOY-0.118-2.358
TTM-2.4765Y-47.734+45.258
5Y-47.73410Y129.028-176.762
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
EOD-0.907118.220-119.127
MRQ-2.476139.325-141.801
TTM-2.47640.389-42.865
YOY-0.11821.810-21.928
5Y-47.734-85.973+38.239
10Y129.028-74.330+203.358
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of New City Development Group Limited:

  • The EOD is 0.394. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.074. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.074. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.394MRQ1.074-0.681
MRQ1.074TTM1.0740.000
TTM1.074YOY-0.028+1.102
TTM1.0745Y-26.794+27.869
5Y-26.79410Y-191.403+164.608
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
EOD0.394-3.420+3.814
MRQ1.074-4.031+5.105
TTM1.074-0.925+1.999
YOY-0.0281.398-1.426
5Y-26.7941.469-28.263
10Y-191.4031.335-192.738
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of New City Development Group Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Real Estate - Development industry mean).
  • A PB ratio of 0.35 means the investor is paying $0.35 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of New City Development Group Limited:

  • The EOD is 0.127. Based on the equity, the company is cheap. +2
  • The MRQ is 0.347. Based on the equity, the company is cheap. +2
  • The TTM is 0.347. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.127MRQ0.347-0.220
MRQ0.347TTM0.3470.000
TTM0.347YOY0.011+0.336
TTM0.3475Y1.227-0.880
5Y1.22710Y1.882-0.655
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
EOD0.1271.103-0.976
MRQ0.3471.300-0.953
TTM0.3471.357-1.010
YOY0.0111.602-1.591
5Y1.2271.774-0.547
10Y1.8821.828+0.054
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of New City Development Group Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---1.384-1.3840%5.842-124%0.888-256%0.453-406%
Book Value Per Share--4.6414.6410%6.025-23%2.251+106%1.219+281%
Current Ratio--5.0895.0890%3.777+35%4.163+22%3.088+65%
Debt To Asset Ratio--0.7230.7230%0.691+5%0.596+21%0.508+42%
Debt To Equity Ratio--2.6112.6110%2.236+17%1.660+57%1.193+119%
Dividend Per Share----0%-0%-0%-0%
Eps---0.650-0.6500%-0.549-15%-0.240-63%-0.113-83%
Free Cash Flow Per Share--1.4991.4990%-2.338+256%-0.177+112%-0.093+106%
Free Cash Flow To Equity Per Share---0.344-0.3440%-0.355+3%-0.133-61%-0.064-81%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--21.932--------
Intrinsic Value_10Y_min--3.438--------
Intrinsic Value_1Y_max--0.402--------
Intrinsic Value_1Y_min---0.128--------
Intrinsic Value_3Y_max--2.576--------
Intrinsic Value_3Y_min--0.022--------
Intrinsic Value_5Y_max--6.400--------
Intrinsic Value_5Y_min--0.617--------
Market Cap69174550.000-173%188764450.000188764450.0000%7620925.000+2377%854403458.650-78%1090815608.728-83%
Net Profit Margin---0.423-0.4230%-0.326-23%-0.244-42%0.264-260%
Operating Margin---0.447-0.4470%-0.191-57%-0.281-37%0.028-1697%
Operating Ratio--1.9801.9800%1.400+41%1.493+33%1.126+76%
Pb Ratio0.127-173%0.3470.3470%0.011+3115%1.227-72%1.882-82%
Pe Ratio-0.907+63%-2.476-2.4760%-0.118-95%-47.734+1828%129.028-102%
Price Per Share0.590-173%1.6101.6100%0.065+2377%0.563+186%0.511+215%
Price To Free Cash Flow Ratio0.394-173%1.0741.0740%-0.028+103%-26.794+2594%-191.403+17918%
Price To Total Gains Ratio-0.426+63%-1.164-1.1640%0.011-10558%-85.608+7258%-35.291+2933%
Quick Ratio--0.4900.4900%0.261+88%1.572-69%1.798-73%
Return On Assets---0.039-0.0390%-0.028-27%-0.014-63%0.016-346%
Return On Equity---0.140-0.1400%-0.091-35%-0.050-64%0.016-969%
Total Gains Per Share---1.384-1.3840%5.842-124%0.888-256%0.453-406%
Usd Book Value--69547226.40069547226.4000%90280859.400-23%88781790.960-22%79645292.280-13%
Usd Book Value Change Per Share---0.177-0.1770%0.747-124%0.114-256%0.058-406%
Usd Book Value Per Share--0.5930.5930%0.770-23%0.288+106%0.156+281%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.083-0.0830%-0.070-15%-0.031-63%-0.015-83%
Usd Free Cash Flow--22458038.40022458038.4000%-35029085.400+256%-7177810.320+132%-5508282.240+125%
Usd Free Cash Flow Per Share--0.1920.1920%-0.299+256%-0.023+112%-0.012+106%
Usd Free Cash Flow To Equity Per Share---0.044-0.0440%-0.045+3%-0.017-61%-0.008-81%
Usd Market Cap8840507.490-173%24124096.71024124096.7100%973954.215+2377%109192762.015-78%139406234.795-83%
Usd Price Per Share0.075-173%0.2060.2060%0.008+2377%0.072+186%0.065+215%
Usd Profit---9741938.400-9741938.4000%-8232748.200-15%-3985289.640-59%358274.520-2819%
Usd Revenue--23028282.00023028282.0000%25281012.600-9%14442908.040+59%9885240.540+133%
Usd Total Gains Per Share---0.177-0.1770%0.747-124%0.114-256%0.058-406%
 EOD+4 -4MRQTTM+0 -0YOY+11 -225Y+10 -2310Y+11 -22

3.2. Fundamental Score

Let's check the fundamental score of New City Development Group Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.907
Price to Book Ratio (EOD)Between0-10.127
Net Profit Margin (MRQ)Greater than0-0.423
Operating Margin (MRQ)Greater than0-0.447
Quick Ratio (MRQ)Greater than10.490
Current Ratio (MRQ)Greater than15.089
Debt to Asset Ratio (MRQ)Less than10.723
Debt to Equity Ratio (MRQ)Less than12.611
Return on Equity (MRQ)Greater than0.15-0.140
Return on Assets (MRQ)Greater than0.05-0.039
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of New City Development Group Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.569
Ma 20Greater thanMa 500.589
Ma 50Greater thanMa 1000.573
Ma 100Greater thanMa 2000.618
OpenGreater thanClose0.600
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in HKD. All numbers in thousands.

Summary
Total Assets1,965,280
Total Liabilities1,421,092
Total Stockholder Equity544,188
 As reported
Total Liabilities 1,421,092
Total Stockholder Equity+ 544,188
Total Assets = 1,965,280

Assets

Total Assets1,965,280
Total Current Assets949,410
Long-term Assets1,015,870
Total Current Assets
Cash And Cash Equivalents 8,608
Short-term Investments 24,540
Net Receivables 33,769
Inventory 461,828
Other Current Assets 420,665
Total Current Assets  (as reported)949,410
Total Current Assets  (calculated)949,410
+/-0
Long-term Assets
Property Plant Equipment 89,956
Intangible Assets 11,263
Other Assets 39,723
Long-term Assets  (as reported)1,015,870
Long-term Assets  (calculated)140,942
+/- 874,928

Liabilities & Shareholders' Equity

Total Current Liabilities186,576
Long-term Liabilities1,255,492
Total Stockholder Equity544,188
Total Current Liabilities
Short Long Term Debt 71,668
Other Current Liabilities 15,836
Total Current Liabilities  (as reported)186,576
Total Current Liabilities  (calculated)87,504
+/- 99,072
Long-term Liabilities
Long term Debt Total 664,586
Long term Debt 664,571
Capital Lease Obligations Min Short Term Debt526
Long-term Liabilities  (as reported)1,255,492
Long-term Liabilities  (calculated)1,329,683
+/- 74,191
Total Stockholder Equity
Common Stock17,309
Retained Earnings 44,179
Capital Surplus 590,642
Other Stockholders Equity -107,942
Total Stockholder Equity (as reported)544,188
Total Stockholder Equity (calculated)544,188
+/-0
Other
Capital Stock17,309
Cash and Short Term Investments 33,148
Common Stock Shares Outstanding 86,543
Liabilities and Stockholders Equity 1,965,280
Net Debt 727,631
Net Invested Capital 1,280,427
Net Working Capital 762,834
Property Plant and Equipment Gross 130,651



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-31
> Total Assets 
1,101,251
981,550
1,246,756
1,057,812
1,144,871
1,178,439
1,878,344
1,971,762
861,746
869,537
855,506
467
3,046
614,920
763,858
774,665
1,114,443
980,331
1,104,147
1,261,431
1,559,348
1,932,582
2,285,650
1,965,280
1,965,2802,285,6501,932,5821,559,3481,261,4311,104,147980,3311,114,443774,665763,858614,9203,046467855,506869,537861,7461,971,7621,878,3441,178,4391,144,8711,057,8121,246,756981,5501,101,251
   > Total Current Assets 
871,706
442,279
876,739
816,705
899,614
1,175,616
1,875,794
1,969,770
861,746
867,687
854,619
429
2,756
59,408
46,102
34,623
263,832
117,435
100,741
237,241
176,627
889,869
1,158,939
949,410
949,4101,158,939889,869176,627237,241100,741117,435263,83234,62346,10259,4082,756429854,619867,687861,7461,969,7701,875,7941,175,616899,614816,705876,739442,279871,706
       Cash And Cash Equivalents 
30,345
6,006
196,306
1,879
69,181
100,014
125,904
64,084
42,739
11,655
150
58
393
46,740
33,606
8,055
164,278
40,045
35,684
72,603
11,175
43,458
6,035
8,608
8,6086,03543,45811,17572,60335,68440,045164,2788,05533,60646,7403935815011,65542,73964,084125,904100,01469,1811,879196,3066,00630,345
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
36,976
37,628
57,906
34,594
34,557
34,577
35,987
24,540
24,54035,98734,57734,55734,59457,90637,62836,9760000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,167
3,887
620
1,571
6,082
114,170
584
1,110
1,951
33,769
33,7691,9511,110584114,1706,0821,5716203,8876,16700000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,583
5,537
274
38,191
1,069
4,414
122,651
401,800
629,875
420,665
420,665629,875401,800122,6514,4141,06938,1912745,5376,58300000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
862,896
1,003,406
1,024,190
1,382,721
1,042,713
1,126,711
1,015,870
1,015,8701,126,7111,042,7131,382,7211,024,1901,003,406862,89600000000000000000
       Property Plant Equipment 
21,592
72,167
108,937
83,734
87,625
2,823
2,550
1,992
2,634
1,850
887
38
290
4,780
717,756
740,042
2,358
738,519
797,379
872,732
58,536
57,338
113,868
89,956
89,956113,86857,33858,536872,732797,379738,5192,358740,042717,7564,780290388871,8502,6341,9922,5502,82387,62583,734108,93772,16721,592
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,500
0
0
0
0
000011,5000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34,643
32,410
16,969
11,263
11,26316,96932,41034,64300000000000000000000
       Other Assets 
0
37,302
14,130
12,520
14,721
26,515
30,563
28,075
3,703
3,175
779,390
356
336
7,912
6,583
5,537
69,931
124,377
206,027
139,958
130,622
76,339
39,843
39,723
39,72339,84376,339130,622139,958206,027124,37769,9315,5376,5837,912336356779,3903,1753,70328,07530,56326,51514,72112,52014,13037,3020
> Total Liabilities 
1,063,176
1,009,274
1,247,922
1,264,911
1,426,716
1,327,298
2,044,761
2,166,464
914,616
982,609
973,654
99,625
119,761
326,805
344,607
332,218
485,011
376,638
440,410
572,225
817,736
1,140,545
1,579,227
1,421,092
1,421,0921,579,2271,140,545817,736572,225440,410376,638485,011332,218344,607326,805119,76199,625973,654982,609914,6162,166,4642,044,7611,327,2981,426,7161,264,9111,247,9221,009,2741,063,176
   > Total Current Liabilities 
900,177
822,185
958,075
1,217,968
896,593
1,327,251
2,032,895
2,154,487
516,190
777,845
916,609
31,102
119,761
46,876
49,105
34,952
117,127
32,175
45,116
46,025
85,939
187,843
306,857
186,576
186,576306,857187,84385,93946,02545,11632,175117,12734,95249,10546,876119,76131,102916,609777,845516,1902,154,4872,032,8951,327,251896,5931,217,968958,075822,185900,177
       Short-term Debt 
237,630
231,000
200,311
337,496
91,621
490,374
373,462
300,000
164,750
229,125
169,039
0
82,491
12,273
20,122
20,515
211,964
3,334
3,597
2,847
18,732
20,079
0
0
0020,07918,7322,8473,5973,334211,96420,51520,12212,27382,4910169,039229,125164,750300,000373,462490,37491,621337,496200,311231,000237,630
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
168,986
20,515
211,964
3,334
3,597
2,847
18,732
20,079
20,583
71,668
71,66820,58320,07918,7322,8473,5973,334211,96420,515168,98600000000000000
       Accounts payable 
0
165,265
171,675
201,119
207,614
213,414
219,450
183,866
103,818
143,859
147,487
0
0
0
0
0
0
17,582
0
0
0
0
0
0
00000017,582000000147,487143,859103,818183,866219,450213,414207,614201,119171,675165,2650
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,205
12,528
114,480
26,439
35,492
31,178
12,817
16,003
16,432
15,836
15,83616,43216,00312,81731,17835,49226,439114,48012,52817,20500000000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
344,463
395,294
526,200
731,797
952,702
1,245,220
1,255,492
1,255,4921,245,220952,702731,797526,200395,294344,46300000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
114,225
211,799
196,700
236,183
360,859
370,566
520,190
843,639
664,586
664,586843,639520,190370,566360,859236,183196,700211,799114,225000000000000000
       Other Liabilities 
0
579,838
569,263
725,895
643,900
622,712
1,439,936
1,655,137
374,509
404,788
500,021
31,029
7,613
41,542
17,264
19,680
156,085
147,763
159,111
165,341
361,231
432,512
401,581
0
0401,581432,512361,231165,341159,111147,763156,08519,68017,26441,5427,61331,029500,021404,788374,5091,655,1371,439,936622,712643,900725,895569,263579,8380
> Total Stockholder Equity
0
0
0
0
0
0
0
0
41,730
0
0
0
0
288,115
419,251
442,447
628,879
603,258
663,299
689,403
714,767
770,639
706,423
544,188
544,188706,423770,639714,767689,403663,299603,258628,879442,447419,251288,115000041,73000000000
   Common Stock
0
252
272
272
272
272
272
272
272
272
272
272
272
10,179
10,179
10,179
13,268
13,268
13,268
13,919
14,459
17,309
17,309
17,309
17,30917,30917,30914,45913,91913,26813,26813,26810,17910,17910,1792722722722722722722722722722722722520
   Retained Earnings Total Equity000000000000000000000000
   Accumulated Other Comprehensive Income 000-15,562-9,763-5,189-4,755-4,193-3,381-2,487-1,176-800-724-8,725-6,531000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
258,099
462,513
462,513
462,513
497,227
541,492
590,642
590,642
590,642
590,642590,642590,642541,492497,227462,513462,513462,513258,099000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,061
2,293
-22,493
-49,408
-12,641
-35,655
-53,960
753,330
689,114
-107,942
-107,942689,114753,330-53,960-35,655-12,641-49,408-22,4932,29312,06100000000000000



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue180,190
Cost of Revenue-98,383
Gross Profit81,80781,807
 
Operating Income (+$)
Gross Profit81,807
Operating Expense-258,363
Operating Income-91,192-176,556
 
Operating Expense (+$)
Research Development0
Selling General Administrative92,449
Selling And Marketing Expenses0
Operating Expense258,36392,449
 
Net Interest Income (+$)
Interest Income33,863
Interest Expense-6,260
Other Finance Cost-56,668
Net Interest Income-29,065
 
Pretax Income (+$)
Operating Income-91,192
Net Interest Income-29,065
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-125,055-91,192
EBIT - interestExpense = -86,773
-76,228
-69,968
Interest Expense6,260
Earnings Before Interest and Taxes (EBIT)-80,513-118,795
Earnings Before Interest and Taxes (EBITDA)-78,845
 
After tax Income (+$)
Income Before Tax-125,055
Tax Provision-2,728
Net Income From Continuing Ops-127,783-127,783
Net Income-76,228
Net Income Applicable To Common Shares-76,228
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net029,065
 

Technical Analysis of New City Development Group Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of New City Development Group Limited. The general trend of New City Development Group Limited is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine New City Development Group Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of New City Development Group Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.6 < 0.6 < 0.6.

The bearish price targets are: 1.5 > 0.55 > 0.52.

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New City Development Group Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of New City Development Group Limited. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

New City Development Group Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of New City Development Group Limited. The current macd is 0.00139563.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the New City Development Group Limited price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for New City Development Group Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the New City Development Group Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
New City Development Group Limited Daily Moving Average Convergence/Divergence (MACD) ChartNew City Development Group Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of New City Development Group Limited. The current adx is 33.76.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy New City Development Group Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
New City Development Group Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of New City Development Group Limited. The current sar is 0.69758134.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
New City Development Group Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of New City Development Group Limited. The current rsi is 50.57. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
New City Development Group Limited Daily Relative Strength Index (RSI) ChartNew City Development Group Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of New City Development Group Limited. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the New City Development Group Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
New City Development Group Limited Daily Stochastic Oscillator ChartNew City Development Group Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of New City Development Group Limited. The current cci is 21.91.

New City Development Group Limited Daily Commodity Channel Index (CCI) ChartNew City Development Group Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of New City Development Group Limited. The current cmo is 1.13228272.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
New City Development Group Limited Daily Chande Momentum Oscillator (CMO) ChartNew City Development Group Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of New City Development Group Limited. The current willr is -76.47058824.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that New City Development Group Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
New City Development Group Limited Daily Williams %R ChartNew City Development Group Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of New City Development Group Limited.

New City Development Group Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of New City Development Group Limited. The current atr is 0.01995811.

New City Development Group Limited Daily Average True Range (ATR) ChartNew City Development Group Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of New City Development Group Limited. The current obv is -5,601,282.

New City Development Group Limited Daily On-Balance Volume (OBV) ChartNew City Development Group Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of New City Development Group Limited. The current mfi is 57.11.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
New City Development Group Limited Daily Money Flow Index (MFI) ChartNew City Development Group Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for New City Development Group Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

New City Development Group Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of New City Development Group Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.569
Ma 20Greater thanMa 500.589
Ma 50Greater thanMa 1000.573
Ma 100Greater thanMa 2000.618
OpenGreater thanClose0.600
Total3/5 (60.0%)
Penke

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