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MILLION CITIES
02892.HK
Million Cities Holdings Limited, an investment holding company, develops and sells properties in the People’s Republic of China. The company primarily focuses on the development of affordable, luxury, residential, complex, and integrated properties in Huizhou. It also sells developed properties; leases developed and unsold developed properties; manages properties; and provides management advisory services. The company was founded in 2003 and is headquartered in Tai Po, Hong Kong.
1.202 T
02892.HKMarket value -Rank by Market Cap -/-

Financial Score

05/12/2025 Update
D
Real Estate DevelopmentIndustry
Industry Ranking68/128
Industry medianD
Industry averageD
Score Analysis
Peer Comparison
  • Criteria
    Rating
  • Profit ScoreD
    • ROE-9.07%D
    • Profit Margin-57.16%E
    • Gross Margin39.99%B
  • Growth ScoreD
    • Revenue YoY-73.59%E
    • Net Profit YoY90.02%A
    • Total Assets YoY-11.62%E
    • Net Assets YoY-8.88%D
  • Cash ScoreE
    • Cash Flow Margin-174.95%D
    • OCF YoY-73.59%E
  • Operating ScoreE
    • Turnover0.06E
  • Debt ScoreC
    • Gearing Ratio48.74%C

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Institutional View & Shareholder

Analyst Ratings

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    News
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    Million Cities Holdings Ltd. held extraordinary general meeting

    Million Cities Holdings Ltd. held an Extraordinary General Meeting on November 19, 2025, where proposals related to the Sale and Purchase Agreement, Subscription Agreement, and associated transactions, including Acquisition and Disposal, were approved.

    Reuters·
    HK
    02892
    -2.86%
    Reuters·
    HK
    02892
    -2.86%

    Million Cities Holdings to Discuss Key Agreements at Upcoming EGM

    Million Cities Holdings Ltd. (HK:2892) has announced an extraordinary general meeting on November 19, 2025, to discuss two key agreements: a Sale and Purchase Agreement and a Subscription Agreement. Approval of these agreements will empower the company's directors to implement necessary actions, potentially affecting operational strategies and stakeholder interests. The current analyst rating for HK:2892 is a Hold with a price target of HK$0.50. The company's market cap stands at HK$285M, with an average trading volume of 26,666.

    Tip Ranks·
    HK
    02892
    -2.86%
    Tip Ranks·
    HK
    02892
    -2.86%

    Million Cities Holdings Reports 10.2% Decline in Revenue to RMB41.4 Million and Narrows Net Loss to RMB4.0 Million for Six Months Ended 30 June 2025; Basic and Diluted Losses Per Share at RMB0.29

    Million Cities Holdings Ltd. reported a 10.2% decline in revenue to RMB41.4 million for the six months ended June 30, 2025, compared to RMB46.1 million in 2024. The company narrowed its net loss to RMB2.2 million from RMB61.7 million a year earlier, attributed to reduced administrative expenses and improved profits from associates. Despite challenges in the real estate sector, the company aims to boost sales and maintain stability. All bank loans have been repaid, but a prolonged recovery in the property market is anticipated.

    Reuters·
    HK
    02892
    -2.86%
    Reuters·
    HK
    02892
    -2.86%

    Million Cities Holdings Reports Improved Profit Margins Amid Revenue Decline

    Million Cities Holdings Ltd. reported a 10.2% revenue decline for the six months ending June 30, 2025, but improved gross profit by 11.5%, leading to a 96.4% decrease in loss attributable to equity shareholders. This reflects better financial management and operational efficiency, indicating a positive shift in financial health. The latest analyst rating for the stock (HK:2892) is a Hold with a price target of HK$0.50. The company operates in the real estate sector and is listed on the Hong Kong Stock Exchange.

    Tip Ranks·
    HK
    02892
    -2.86%
    Tip Ranks·
    HK
    02892
    -2.86%

    MILLION CITIES announced its interim results, with a loss attributable to equity shareholders of RMB 2.2 million, a year-on-year narrowing of 96.4%

    MILLION CITIES announced its mid-term results for 2025, with revenue of 41.4 million yuan, a year-on-year decrease of 10.2%; gross profit of 16.5 million yuan, a year-on-year increase of 11.5%; loss attributable to equity shareholders of 2.2 million yuan, a year-on-year narrowing of 96.4%; loss per share of 0.29 cents. The reduction in loss was mainly due to the recognition of impairment provisions for other receivables from joint ventures and accrued interest payable, as well as a significant decrease in administrative expenses and income tax

    Zhitong·
    HK
    02892
    -2.86%
    Zhitong·
    HK
    02892
    -2.86%
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