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New World Development SEHK:17 Stock Report

Last Price

HK$5.65

Market Cap

HK$14.2b

7D

-15.7%

1Y

-51.5%

Updated

17 Dec, 2024

Data

Company Financials +

New World Development Company Limited

SEHK:17 Stock Report

Market Cap: HK$14.2b

17 Stock Overview

An investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. More details

17 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

New World Development Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for New World Development
Historical stock prices
Current Share PriceHK$5.65
52 Week HighHK$12.18
52 Week LowHK$5.58
Beta0.65
1 Month Change-21.75%
3 Month Change-20.65%
1 Year Change-51.54%
3 Year Change-80.88%
5 Year Change-86.50%
Change since IPO-87.16%

Recent News & Updates

There's Reason For Concern Over New World Development Company Limited's (HKG:17) Massive 55% Price Jump

Oct 02
There's Reason For Concern Over New World Development Company Limited's (HKG:17) Massive 55% Price Jump

Recent updates

There's Reason For Concern Over New World Development Company Limited's (HKG:17) Massive 55% Price Jump

Oct 02
There's Reason For Concern Over New World Development Company Limited's (HKG:17) Massive 55% Price Jump

Some Confidence Is Lacking In New World Development Company Limited (HKG:17) As Shares Slide 27%

Jun 21
Some Confidence Is Lacking In New World Development Company Limited (HKG:17) As Shares Slide 27%

What New World Development Company Limited's (HKG:17) P/S Is Not Telling You

Apr 23
What New World Development Company Limited's (HKG:17) P/S Is Not Telling You

Investors Shouldn't Be Too Comfortable With New World Development's (HKG:17) Earnings

Apr 01
Investors Shouldn't Be Too Comfortable With New World Development's (HKG:17) Earnings

These 4 Measures Indicate That New World Development (HKG:17) Is Using Debt Extensively

Mar 26
These 4 Measures Indicate That New World Development (HKG:17) Is Using Debt Extensively

New World Development (HKG:17) Will Pay A Smaller Dividend Than Last Year

Mar 03
New World Development (HKG:17) Will Pay A Smaller Dividend Than Last Year

New World Development Company Limited's (HKG:17) Popularity With Investors Is Clear

Jan 20
New World Development Company Limited's (HKG:17) Popularity With Investors Is Clear

The New World Development Company Limited (HKG:17) Analysts Have Been Trimming Their Sales Forecasts

Oct 26
The New World Development Company Limited (HKG:17) Analysts Have Been Trimming Their Sales Forecasts

Is New World Development (HKG:17) Using Too Much Debt?

Oct 10
Is New World Development (HKG:17) Using Too Much Debt?

At HK$15.80, Is New World Development Company Limited (HKG:17) Worth Looking At Closely?

Sep 18
At HK$15.80, Is New World Development Company Limited (HKG:17) Worth Looking At Closely?

Calculating The Fair Value Of New World Development Company Limited (HKG:17)

Jul 28
Calculating The Fair Value Of New World Development Company Limited (HKG:17)

Is There Now An Opportunity In New World Development Company Limited (HKG:17)?

Jun 19
Is There Now An Opportunity In New World Development Company Limited (HKG:17)?

Estimating The Intrinsic Value Of New World Development Company Limited (HKG:17)

Apr 28
Estimating The Intrinsic Value Of New World Development Company Limited (HKG:17)

At HK$21.05, Is It Time To Put New World Development Company Limited (HKG:17) On Your Watch List?

Mar 20
At HK$21.05, Is It Time To Put New World Development Company Limited (HKG:17) On Your Watch List?

Here's Why New World Development (HKG:17) Has A Meaningful Debt Burden

Feb 24
Here's Why New World Development (HKG:17) Has A Meaningful Debt Burden

Estimating The Fair Value Of New World Development Company Limited (HKG:17)

Dec 07
Estimating The Fair Value Of New World Development Company Limited (HKG:17)

New World Development (HKG:17) Is Due To Pay A Dividend Of HK$1.50

Nov 16
New World Development (HKG:17) Is Due To Pay A Dividend Of HK$1.50

New World Development (HKG:17) Is Paying Out A Dividend Of HK$1.50

Oct 03
New World Development (HKG:17) Is Paying Out A Dividend Of HK$1.50

Estimating The Fair Value Of New World Development Company Limited (HKG:17)

Jul 29
Estimating The Fair Value Of New World Development Company Limited (HKG:17)

Is It Too Late To Consider Buying New World Development Company Limited (HKG:17)?

Jul 08
Is It Too Late To Consider Buying New World Development Company Limited (HKG:17)?

New World Development (HKG:17) Has No Shortage Of Debt

Jun 20
New World Development (HKG:17) Has No Shortage Of Debt

New World Development Company Limited's (HKG:17) Intrinsic Value Is Potentially 22% Below Its Share Price

Apr 19
New World Development Company Limited's (HKG:17) Intrinsic Value Is Potentially 22% Below Its Share Price

Is Now The Time To Look At Buying New World Development Company Limited (HKG:17)?

Mar 31
Is Now The Time To Look At Buying New World Development Company Limited (HKG:17)?

Is New World Development (HKG:17) A Risky Investment?

Mar 15
Is New World Development (HKG:17) A Risky Investment?

New World Development (HKG:17) Will Pay A Dividend Of HK$0.56

Feb 28
New World Development (HKG:17) Will Pay A Dividend Of HK$0.56

A Look At The Intrinsic Value Of New World Development Company Limited (HKG:17)

Jan 11
A Look At The Intrinsic Value Of New World Development Company Limited (HKG:17)

New World Development (HKG:17) Use Of Debt Could Be Considered Risky

Dec 09
New World Development (HKG:17) Use Of Debt Could Be Considered Risky

New World Development's (HKG:17) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 24
New World Development's (HKG:17) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Now An Opportune Moment To Examine New World Development Company Limited (HKG:17)?

Nov 23
Is Now An Opportune Moment To Examine New World Development Company Limited (HKG:17)?

New World Development (HKG:17) Has Announced That It Will Be Increasing Its Dividend To HK$1.50

Oct 21
New World Development (HKG:17) Has Announced That It Will Be Increasing Its Dividend To HK$1.50

Shareholder Returns

17HK Real EstateHK Market
7D-15.7%-5.7%-2.4%
1Y-51.5%-8.5%18.2%

Return vs Industry: 17 underperformed the Hong Kong Real Estate industry which returned -8.5% over the past year.

Return vs Market: 17 underperformed the Hong Kong Market which returned 18.2% over the past year.

Price Volatility

Is 17's price volatile compared to industry and market?
17 volatility
17 Average Weekly Movement9.9%
Real Estate Industry Average Movement10.0%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 17 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 17's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197011,000Echo Huangwww.nwd.com.hk

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.

New World Development Company Limited Fundamentals Summary

How do New World Development's earnings and revenue compare to its market cap?
17 fundamental statistics
Market capHK$14.22b
Earnings (TTM)-HK$11.86b
Revenue (TTM)HK$35.78b

0.4x

P/S Ratio

-1.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
17 income statement (TTM)
RevenueHK$35.78b
Cost of RevenueHK$23.58b
Gross ProfitHK$12.21b
Other ExpensesHK$24.06b
Earnings-HK$11.86b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-4.71
Gross Margin34.11%
Net Profit Margin-33.13%
Debt/Equity Ratio69.8%

How did 17 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 01:20
End of Day Share Price 2024/12/17 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New World Development Company Limited is covered by 36 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kwok Yi LouieBarclays
Andrew LawrenceBarclays
Wee Liat LeeBNP Paribas Securities (Asia)