New World Development Company Limited (HKG: 0017)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
6.69
-0.06 (-0.89%)
Sep 9, 2024, 12:00 PM HKT
-60.51%
Market Cap 16.91B
Revenue (ttm) 89.49B
Net Income (ttm) -7.67B
Shares Out 2.52B
EPS (ttm) -3.05
PE Ratio 21.51
Forward PE 8.74
Dividend 0.40 (5.93%)
Ex-Dividend Date Mar 20, 2024
Volume 2,438,374
Open 6.70
Previous Close 6.75
Day's Range 6.64 - 6.72
52-Week Range 6.55 - 16.70
Beta 0.62
Analysts n/a
Price Target n/a
Earnings Date Sep 27, 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 also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as whole life, term, dread disease, medical, disability, and accident insurance products. In addition, it is involved in the duty-free operation and gen... [Read more]

Sector Real Estate
Founded 1970
Employees 28,000
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 0017
Full Company Profile

Financial Performance

In 2023, New World Development Company's revenue was 95.21 billion, an increase of 39.58% compared to the previous year's 68.21 billion. Earnings were 976.40 million, a decrease of -21.84%.

Financial Statements

News

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.

6 days 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...

7 days 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.

7 days ago - BNN Bloomberg