New City Development Group

New City Development Group Current Ratio

The Current Ratio of New City Development Group (456.HK) as of Nov 5, 2026 is 1.33. In the previous year, Current Ratio was 2.38 — a change of -44.27% (lower).

Current Ratio

1.33

YoY

-44.27%

Last updated:

Current Ratio of New City Development Group is 2024 1.33 . Current Ratio of New City Development Group was 2023 2.38 . It decreases by -44.27% lower compared to the previous year.

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New City Development Group Stock analysis

What does New City Development Group do? New City Development Group Ltd. generates revenue through its Property Development and Investment segment, which develops and rents residential and commercial properties in China. The company also sells buses through its Sales of Buses segment, targeting buyers interested in transportation solutions. Additionally, it operates supermarkets and property management services, catering to local communities and property owners. The firm employs 63 full-time employees to support these diverse business activities. The Property Development and Investment segment focuses on property development and rental services, appealing to residential and commercial clients seeking housing and office spaces. The Sales of Buses segment serves customers requiring bus procurement for public or private transportation networks. Supermarket and property management operations target local residents and property owners, providing essential retail services and maintenance solutions. New City Development Group Ltd. operates across three key business segments: property development and investment, bus sales, and supermarket and property management. Each segment serves distinct customer groups within China, with property development targeting real estate buyers and renters, bus sales targeting transportation providers, and supermarkets and property management serving local communities and property owners. New City Development Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about New City Development Group stock

Current Ratio of New City Development Group is 1.33 in 2024.

Current Ratio of New City Development Group changed from 2.38 to 1.33, representing a -44.27% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Current Ratio New City Development Group since 2006 – with annual values, charts, and detailed analysis.

The Current Ratio measures a company's ability to pay short-term obligations. A ratio above 1 indicates that current assets exceed current liabilities.

Current Ratio = Current Assets / Current Liabilities

A 'good' varies by industry and company stage. On Eulerpool, you can compare Current Ratio's New City Development Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — New City Development Group

All Key Metrics — New City Development Group