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Million Cities Holdings (HKSE:02892) Revenue : HK$701.8 Mil (TTM As of Dec. 2023)


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What is Million Cities Holdings Revenue?

Million Cities Holdings's revenue for the six months ended in Dec. 2023 was HK$343.4 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$701.8 Mil. Million Cities Holdings's Revenue per Share for the six months ended in Dec. 2023 was HK$0.46. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.94.

Warning Sign:

Million Cities Holdings Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Million Cities Holdings was 10.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was -21.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 9 years, Million Cities Holdings's highest 3-Year average Revenue per Share Growth Rate was 129.30% per year. The lowest was -26.70% per year. And the median was 12.90% per year.


Million Cities Holdings Revenue Historical Data

The historical data trend for Million Cities Holdings's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Million Cities Holdings Revenue Chart

Million Cities Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only 394.23 1,471.55 1,651.20 637.85 701.81

Million Cities Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 872.41 96.08 546.32 358.39 343.42

Competitive Comparison of Million Cities Holdings's Revenue

For the Real Estate - Development subindustry, Million Cities Holdings's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Million Cities Holdings's Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Million Cities Holdings's Revenue distribution charts can be found below:

* The bar in red indicates where Million Cities Holdings's Revenue falls into.



Million Cities Holdings Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$701.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Million Cities Holdings  (HKSE:02892) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Million Cities Holdings Revenue Related Terms

Thank you for viewing the detailed overview of Million Cities Holdings's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Million Cities Holdings (HKSE:02892) Business Description

Traded in Other Exchanges
N/A
Address
57 Ting Kok Road, Unit D, 21st Floor, Block 1, Tai Ping Industrial Centre, Tai Po New Territories, Hong Kong, HKG
Million Cities Holdings Ltd is an investment holding company engaged in property development. The company generates revenues from the sale of properties and gross rentals from properties. It derives all of its revenues from China.
Executives
East Asia International Trustees Limited 2301 Trustee
Fortune Speed Investments Ltd. 2101 Beneficial owner
Happy Family Assets Limited 2201 Interest of corporation controlled by you
Winnermax Management Limited 2201 Interest of corporation controlled by you
Wang Kam Chu 2202 Interest of your spouse
Wong Ting Chung 2305 Beneficiary of a trust
Tsoi Suet Ngai 2202 Interest of your spouse
Wong Ting Chun 2305 Beneficiary of a trust
Chan Ka Wai 2202 Interest of your spouse
Wong Ting Kau 2305 Beneficiary of a trust
Lau Ka Keung 2202 Interest of your spouse
Wong Wai Ling 2305 Beneficiary of a trust

Million Cities Holdings (HKSE:02892) Headlines

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