New World Development Company Limited (HKG:0017)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
7.13
-0.35 (-4.68%)
Nov 21, 2025, 11:59 AM HKT
-4.68%
Market Cap18.82B
Revenue (ttm)27.68B
Net Income (ttm)-17.17B
Shares Out2.52B
EPS (ttm)-6.82
PE Ration/a
Forward PE49.87
Dividendn/a
Ex-Dividend Daten/a
Volume8,202,013
Average Volume7,387,435
Open7.48
Previous Close7.48
Day's Range7.06 - 7.48
52-Week Range4.01 - 8.71
Beta0.59
RSI48.55
Earnings DateSep 25, 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]

Founded 1970
Employees 10,000
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 0017
Full Company Profile

Financial Performance

In 2025, HKG:0017's revenue was 27.68 billion, a decrease of -22.64% compared to the previous year's 35.78 billion. Losses were -17.17 billion, -11.76% less than in 2024.

Financial Statements

News

New World Development secures 65% perpetual bond swap but debt pressure persists

Distressed Hong Kong developer New World Development (NWD) has secured investor consent to swap 65 per cent of its perpetual bonds in an exchange plan by an early deadline, but still has work to do to...

2 days ago - South China Morning Post

New World Development offers US$1.9 billion debt swap to boost liquidity

Heavily indebted New World Development (NWD) has launched exchange offers for US$1.9 billion of its outstanding perpetual securities and notes to optimise its debt profile, enhance its liquidity and i...

17 days ago - South China Morning Post

Hong Kong developer NWD seals record deal for global firm Aecom’s Asia headquarters

A multinational infrastructure consultancy has leased 120,000 sq ft for its upgraded Asia headquarters at a grade A office building of New World Development (NWD) in Cheung Sha Wan, setting a record a...

21 days ago - South China Morning Post

Hong Kong scion Adrian Cheng backs London’s multi-asset broker CBCX

Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD) and founder of investment firm ALMAD Group, has become a shareholder in CBCX Group, a London-headqua...

24 days ago - South China Morning Post

Hong Kong’s NWD denies scramble to manage debt, secure financing

New World Development (NWD) denied market speculation that it is conducting a liability-management exercise involving its perpetual bonds or other debt securities and seeking equity financing from inv...

4 weeks ago - South China Morning Post

New World Development Co Ltd (NWWDF) (FY25) Earnings Call Highlights: Navigating Challenges ...

New World Development Co Ltd (NWWDF) (FY25) Earnings Call Highlights: Navigating Challenges with Strategic Debt Management and Sales Success

7 weeks ago - GuruFocus

NWD reports higher losses as CEO says debt reduction efforts yield results

New World Development (NWD), controlled by one of Hong Kong’s richest families, reported losses for the second consecutive year even as its CEO assured shareholders that there was no need for “undue c...

7 weeks ago - South China Morning Post

Adrian Cheng focuses on ‘transformative industries’ under new firm ALMAD Group

Adrian Cheng Chi-kong has launched a new business focused on “transformative industries”, including culture and healthcare, nearly three months after the third-generation scion of New World Developmen...

2 months ago - South China Morning Post

NWD, CK Asset launch home sales, hoping year’s first rate cut revives sentiment

New World Development (NWD) and CK Asset Holdings on Thursday became the first two developers to announce property sales after interest rates were lowered, with analysts saying the move would boost tr...

2 months ago - South China Morning Post

Adrian Cheng exits as CTFE director, ending role in Hong Kong family empire

Adrian Cheng Chi-kong is no longer a director of New World Development parent company Chow Tai Fook Enterprises (CTFE), cutting the last tie that connected the former heir apparent to one of the city’...

2 months ago - South China Morning Post

NWD says it has not received proposal from Cheng family on capital injection

New World Development (NWD) shares dropped on Tuesday after the property developer said it has not received a proposal from its controlling shareholder, the billionaire Cheng family, on a capital inje...

2 months ago - South China Morning Post

New World’s Cheng family weighs capital injection, sources say

New World Development’s controlling shareholder, the billionaire Cheng family, is considering injecting capital into the debt-laden Hong Kong developer as early as the end of the year, according to pe...

2 months ago - South China Morning Post

NWD, CR Land to pay reduced premium for Northern Metropolis project

New World Development (NWD) and mainland developer China Resources Land are finalising discussions with the Hong Kong government on a land premium for their Northern Metropolis megaproject, with a pro...

3 months ago - South China Morning Post

New World ramps up luxury home sales in Hong Kong and mainland China

New World Development (NWD) is ramping up the delivery of residential projects in Hong Kong and mainland China after raising more than HK$13 billion (US$1.7 billion) from the sale of luxury flats in t...

4 months ago - South China Morning Post

Airport Authority poised to part ways with New World in 11 Skies mall

Airport Authority Hong Kong is in talks with New World Development (NWD) to get a massive commercial property project at the heart of Hong Kong’s international airport back on track, according to seve...

4 months ago - South China Morning Post

Morgan Stanley banker buys two Hong Kong flats for US$18.8 million

David Wraight, managing director at Morgan Stanley, has bought two luxury residential units in Hong Kong for HK$147.3 million (US$18.8 million), joining a growing cadre of global financiers on the hun...

4 months ago - South China Morning Post

Sale of 11 Skies could relieve New World of liabilities in project, UBS says

A potential sale of 11 Skies, a mall located near Hong Kong’s international airport in Chek Lap Kok, could help New World Development (NWD) lighten its debt burden as the developer steps up efforts to...

4 months ago - South China Morning Post

Hong Kong’s New World Development secures US$11.3 billion lifeline

Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 billion) of debt just before the deadline, concluding months of negotiations that pulled the compan...

5 months ago - South China Morning Post

NWD meets 2025 sales target and wins commitment to refinancing

Hong Kong developer New World Development (NWD) secured some much-needed financial relief by hitting a 2025 property sales target of HK$26 billion (US$3.3 billion) and winning a commitment from credit...

5 months ago - South China Morning Post

Hong Kong’s New World downplays talk of debt deal as analysts see path forward

Hong Kong’s New World Development said talks with creditors about refinancing its HK$124 billion (US$15.8 billion) debt were “ongoing”, downplaying “market speculation and rumours” about an imminent d...

5 months ago - South China Morning Post

Homebuyers snap up Deep Water Pavilia flats amid discounts, low interest rates

The first batch of flats on offer at the Deep Water Pavilia project on the south side of Hong Kong island is expected to sell out, according to property agents, as homebuyers rushed to snap up availab...

5 months ago - South China Morning Post

Debt crunch at NWD stokes downside risk in Hong Kong home prices, S&P says

The liquidity crunch at New World Development (NWD), one of Hong Kong’s biggest developers, is a blemish on the resurgent housing market, threatening to shake confidence among homebuyers and trigger a...

5 months ago - South China Morning Post

First flats in NWD-led Deep Water Pavilia go on sale on Saturday

A consortium led by New World Development (NWD) on Saturday will sell the first batch of flats in a new residential project on the south side of Hong Kong Island after pricing them below neighbouring ...

5 months ago - South China Morning Post