New World Development Company Limited (HKG:0017)
Hong Kong
· Delayed Price · Currency is HKD | Market Cap | 11.43B |
| Revenue (ttm) | 35.51B |
| Net Income (ttm) | -18.78B |
| Shares Out | 2.52B |
| EPS (ttm) | -7.46 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 13,667,381 |
| Average Volume | 12,654,567 |
| Open | 4.570 |
| Previous Close | 4.540 |
| Day's Range | 4.550 - 4.640 |
| 52-Week Range | 4.010 - 10.860 |
| Beta | 0.59 |
| RSI | 46.80 |
| Earnings Date | May 29, 2025 |
About HKG:0017
New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company is also involved in the loyalty program, fashion retailing and trading, and land development businesses; and development and operation of sports park. In addition, it operates club houses, golf and tennis academies, and shopping malls; constructs and operates Skycity complex; and opera... [Read more]
Financial Performance
Financial StatementsNews
NWD-led group gets US$166 million from home sales in Hong Kong Southern district
A consortium of developers, led by New World Development (NWD), raked in HK$1.3 billion (US$166 million) from the sale of 24 luxury units in Hong Kong’s Southern district, as wealthy buyers take advan...
Well-heeled buyers swarm to New World-led Deep Water Pavilia luxury project
The developers of a luxury residential project in Hong Kong’s Southern district pulled in more than HK$1 billion (US$128 million) from the sale of 17 units, as wealthy buyers took advantage of a marke...
22 Hong Kong, mainland firms express interest in pilot Northern Metropolis scheme
Henderson Land Development, New World Development and Sino Land among those to signal interest, after Beijing official urged involvement.
New World Development reports losses as debt ratio worsens amid property slump
While net debt increased by less than 1 per cent, the group’s net gearing ratio worsened to 57.5 per cent in December from 55 per cent in June.
New World Development warns of US$871 million first half loss amid weak property market
The developer is suffering from valuation losses on its investment properties and high interest rate payments, analyst say.
Hong Kong homebuyers flock to NWD’s State Pavilia project amid ‘attractive’ pricing
As of 3pm, New World Development sold 103 of the 168 units on offer at its latest residential project in North Point.
K11’s Adrian Cheng resurfaces in French cultural exchange with President Emmanuel Macron
‘Our focus is on the global development of the cultural industry,’ former New World Development CEO says.
Hong Kong’s New World Development Faces Turmoil Amid Debt Woes and Leadership Shake-Up
Hong Kong’s New World Development, long considered a stable pillar among the city’s “big four” property dynasties, is facing mounting challenges as it grapples with debt concerns, leadership transitio...
Hong Kong Builder New World Asks Banks to Extend Loan Due Dates
Hong Kong property firm New World Development Co. is in talks with banks to extend the due dates of some bilateral loans, said people familiar with the matter.
New World Sells Industrial Tower for $80 Million, Sing Tao Says
Embattled Hong Kong developer New World Development Co. sold an industrial building in the city’s Kowloon area for HK$620 million ($80 million), Sing Tao Daily reported, citing unidentified people.
Hong Kong’s New World Development replaces CEO Eric Ma after two months
Hong Kong property developer New World Development said on Friday that Eric Ma will step down as chief executive officer after having spent just two months on the job. The sprawling business empire, r...
New World Development Makes Strategic Shift With New CEO – Selling Assets to Tackle Debt
New World Development (NWD) has divested its interest in Hong Kong’s largest sports infrastructure project, Kai Tak Sports Park (KTSP), to its parent company, Chow Tai Fook Enterprises (CTFE). The mov...
New World Development Co Ltd (NWWDF) (Q4 2024) Earnings Call Transcript Highlights: Key ...
New World Development Co Ltd (NWWDF) (Q4 2024) Earnings Call Transcript Highlights: Key Financial Metrics and Strategic Insights
New World Development Shares Soar by 23% After Adrian Cheng Steps Down as CEO
Shares of New World Development, one of Hong Kong’s major property companies, surged by 23% on Friday after the unexpected resignation of Adrian Cheng, a member of the company’s founding family. The c...
Full Year 2024 New World Development Co Ltd Earnings Call (Chinese, English) Transcript
Full Year 2024 New World Development Co Ltd Earnings Call (Chinese, English) Transcript
Hong Kong's New World Development shares surge 23% after CEO resigns
The company said Chief Operating Officer Eric Ma Siu-Cheung has been appointed as the new CEO.
New World Development shares jump after appointment of new CEO Eric Ma
Shares of New World Development surged after resuming trading following the replacement of its CEO, as the property developer seeks a revamp.
Hong Kong property giant New World Development replaces CEO Adrian Cheng after first annual loss in 20 years
Hong Kong property behemoth New World Development announced Thursday that its chief executive officer Adrian Cheng has been replaced, as the firm reported an annual loss of over US$2.5 billion. Share ...
Hong Kong stocks return to 4-month high as stimulus rally carries on
Limiting gains, local developers retreated after New World Development’s shares were suspended amid CEO report, imminent results.
New World Development, retail unit, suspended from trading following Adrian Cheng report
Hong Kong developer New World Development and another listed unit were suspended from trading on Thursday.
Hong Kong stocks trade near 2-week low as deteriorating earnings weigh on sentiment
New World Development extends 13 per cent slump on Monday, and Chinese banks continue to slide.
Shares of New World Development Co., Owned by Hong Kong’s Billionaire Cheng family, Drop by 14%
Shares of New World Development Co., owned by Hong Kong’s billionaire Cheng family, dropped as much as 14% on Monday morning due to a worsening property market downturn. The company revealed late Frid...
Hong Kong Property Pain Worsens for New World and Its Scion CEO
Hong Kong’s real estate downturn is taking a growing toll on New World Development Co., the property developer owned by the billionaire Cheng family.