New World Development Company Limited

SEHK:17 Stock Report

Market Cap: HK$21.5b

New World Development Past Earnings Performance

Past criteria checks 3/6

New World Development's earnings have been declining at an average annual rate of -74.5%, while the Real Estate industry saw earnings growing at 1.8% annually. Revenues have been growing at an average rate of 2.9% per year. New World Development's return on equity is 1.8%, and it has net margins of 0.9%.

Key information

-74.5%

Earnings growth rate

-74.4%

EPS growth rate

Real Estate Industry Growth2.8%
Revenue growth rate2.9%
Return on equity1.8%
Net Margin0.9%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

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

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

Oct 07
New World Development's (HKG:17) Shareholders Will Receive A Bigger Dividend Than Last Year

Does This Valuation Of New World Development Company Limited (HKG:17) Imply Investors Are Overpaying?

Aug 30
Does This Valuation Of New World Development Company Limited (HKG:17) Imply Investors Are Overpaying?

Is There An Opportunity With New World Development Company Limited's (HKG:17) 42% Undervaluation?

May 27
Is There An Opportunity With New World Development Company Limited's (HKG:17) 42% Undervaluation?

How Does New World Development Company Limited (HKG:17) Fare As A Dividend Stock?

Apr 19
How Does New World Development Company Limited (HKG:17) Fare As A Dividend Stock?

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

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

Revenue & Expenses Breakdown
Beta

How New World Development makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:17 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2389,49378610,9960
30 Sep 2392,35488111,2750
30 Jun 2395,21497611,5540
31 Mar 2366,61619,4260
31 Dec 2255,426318,8960
30 Sep 2261,8196409,7590
30 Jun 2268,2131,24910,6210
31 Mar 2268,2211,40510,6160
31 Dec 2168,2291,56210,6110
30 Sep 2168,2311,35710,5180
30 Jun 2168,2331,15210,4260
31 Mar 2165,1771,12210,3980
31 Dec 2062,1211,09210,3710
30 Sep 2060,5641,09410,3580
30 Jun 2059,0081,09610,3460
31 Mar 2059,4844,49510,3040
31 Dec 1959,9617,89310,2630
30 Sep 1968,36213,02710,4240
30 Jun 1976,76418,16010,5850
31 Mar 1979,39220,75610,3870
31 Dec 1882,02023,35310,1880
30 Sep 1871,35523,3459,7070
30 Jun 1860,68923,3389,2260
31 Mar 1859,30718,9749,1350
31 Dec 1757,92514,6109,0450
30 Sep 1757,27711,1438,9150
30 Jun 1756,6297,6768,7860
31 Mar 1754,5308,6898,9190
31 Dec 1652,4319,7029,0520
30 Sep 1656,0019,1849,3380
30 Jun 1659,5708,6669,6240
31 Mar 1660,80312,6129,5730
31 Dec 1562,03716,5579,5220
30 Sep 1558,64117,8359,6660
30 Jun 1555,24519,1129,8090
31 Mar 1555,77615,0819,5360
31 Dec 1456,30711,0519,2630
30 Sep 1456,40410,3888,9890
30 Jun 1456,5019,7258,7160
31 Mar 1453,0039,2098,5200
31 Dec 1349,5058,6928,3240
30 Sep 1348,14311,4208,0610
30 Jun 1346,78014,1497,7970
31 Mar 1343,87614,5257,3740

Quality Earnings: 17 has a large one-off gain of HK$2.0B impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: 17's current net profit margins (0.9%) are higher than last year (0.06%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 17's earnings have declined by 74.5% per year over the past 5 years.

Accelerating Growth: 17's earnings growth over the past year (2469%) exceeds its 5-year average (-74.5% per year).

Earnings vs Industry: 17 earnings growth over the past year (2469%) exceeded the Real Estate industry -18.1%.


Return on Equity

High ROE: 17's Return on Equity (1.8%) is considered low.


Return on Assets


Return on Capital Employed


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