New World Development Company Limited (HKG: 0017)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
5.03
-0.13 (-2.52%)
Jan 2, 2025, 10:01 AM HKT
-58.50%
Market Cap 12.68B
Revenue (ttm) 35.78B
Net Income (ttm) -19.46B
Shares Out 2.52B
EPS (ttm) -7.73
PE Ratio n/a
Forward PE 7.55
Dividend n/a
Ex-Dividend Date n/a
Volume 2,040,800
Open 5.15
Previous Close 5.16
Day's Range 5.01 - 5.15
52-Week Range 4.99 - 11.50
Beta 0.62
Analysts n/a
Price Target n/a
Earnings Date Dec 6, 2024

About New World Development Company

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]

Sector Real Estate
Founded 1970
Employees 11,000
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 0017
Full Company Profile

Financial Performance

Financial Statements

News

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.

15 days ago - BNN Bloomberg

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.

22 days ago - BNN Bloomberg

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...

4 weeks ago - Hong Kong Free Press

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...

4 weeks ago - CEOWORLD magazine

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

3 months ago - GuruFocus

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...

3 months ago - CEOWORLD magazine

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

3 months ago - GuruFocus

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.

3 months ago - CNBC

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.

3 months ago - South China Morning Post

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 ...

3 months ago - Hong Kong Free Press

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.

3 months ago - South China Morning Post

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.

3 months ago - South China Morning Post

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.

4 months ago - South China Morning Post

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...

4 months ago - CEOWORLD magazine

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.

4 months ago - BNN Bloomberg