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china new town development (1278) Snapshot

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china new town development (1278) Details

China New Town Development Company Limited, together with its subsidiaries, plans and develops large-scale new town projects in the suburbs of large cities in the People’s Republic of China. The company operates through Land Development, Property Development, Property Leasing, Hotel Operations, Golf Operations, and Others segments. The Land Development segment develops land infrastructure, and constructs ancillary public facilities. The Property Development segment develops and sells residential and commercial properties. The Property Leasing segment provides investment property leasing services. The Hotel Operations segment offers room, restaurant, and conference hall services. The Golf Operations segment provides golf course management services. The Others segment offers investment and other services. The company sells land use rights; and builds, manages, and operates public amenities comprising schools and hospitals, as well as develops, manages, and operates commercial properties, such as hotels and convention centers. It offers travelling information and wedding etiquette; sports management; travel; business and procurement management; property management; hospital investment and health consultation; gynecology and obstetrics; and enterprise investment consultation services. The company is involved in the planting, maintenance, and management of scenic spots. The company was founded in 2002 and is based in Central, Hong Kong.

Founded in 2002

china new town development (1278) Top Compensated Officers

Vice Chairman
Total Annual Compensation: CNY1.2M
Head of Legal Affairs for China and Vice Pres...
Total Annual Compensation: CNY921.0K
Compensation as of Fiscal Year 2013.

china new town development (1278) Key Developments

China New Town Development Company Limited Appoints Wu Jubo as Chief Financial Officer

The board of directors of China New Town Development Company Limited announced that Mr. Wu Jubo has been appointed as the Chief Financial Officer of the Company with effect from March 11, 2015. In his role as the CFO, Mr. Wu would be responsible for matters relating to corporate finance, corporate development and assists in strategic planning, as well as other financial management duties. Mr. Wu Jubo, aged 49, was appointed as the CFO of the Company with effect from March 11, 2015. Mr. Wu graduated from University of Science and Technology Beijing with a bachelor degree of accounting in January 2005. Prior to joining the Company, he was the Chief Accountant at Yangzhou subsidiary of CITIC Pacific Special Steel Group from May 1, 2013 to April 1, 2014.

China New Town Development Company Limited Announces Incorporation of New Subsidiaries

The board of directors of the China New Town Development Company Limited announced the incorporation of the wholly-owned subsidiaries: China New Town Holding Company Limited; CDBC New Town (Beijing) Management Consulting Company Limited; and CDBC New Town (Beijing) Asset Management Company Limited.

China New Town Development Company Limited to Report Fiscal Year 2014 Final Results on Mar 11, 2015

China New Town Development Company Limited announced that they will report fiscal year 2014 final results on Mar 11, 2015

 

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1278

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Valuation 1278 Industry Range
Price/Earnings 26.7x
Price/Sales 47.9x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 12.4x
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