company background image
17 logo

New World Development SEHK:17 Stock Report

Last Price

HK$8.19

Market Cap

HK$20.6b

7D

-3.8%

1Y

-44.8%

Updated

20 Oct, 2024

Data

Company Financials +

New World Development Company Limited

SEHK:17 Stock Report

Market Cap: HK$20.6b

17 Stock Overview

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

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

New World Development Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for New World Development
Historical stock prices
Current Share PriceHK$8.19
52 Week HighHK$15.96
52 Week LowHK$6.20
Beta0.62
11 Month Change6.23%
3 Month Change7.91%
1 Year Change-44.81%
33 Year Change-76.02%
5 Year Change-81.69%
Change since IPO-81.39%

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

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?

Shareholder Returns

17HK Real EstateHK Market
7D-3.8%-1.0%-1.0%
1Y-44.8%-2.2%20.3%

Return vs Industry: 17 underperformed the Hong Kong Real Estate industry which returned -2.2% over the past year.

Return vs Market: 17 underperformed the Hong Kong Market which returned 20.3% over the past year.

Price Volatility

Is 17's price volatile compared to industry and market?
17 volatility
17 Average Weekly Movement10.6%
Real Estate Industry Average Movement10.1%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.3%

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 (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197011,000Adrian Chengwww.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 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.

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$20.61b
Earnings (TTM)-HK$11.86b
Revenue (TTM)HK$35.78b

0.6x

P/S Ratio

-1.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
17 income statement (TTM)
RevenueHK$35.78b
Cost of RevenueHK$22.93b
Gross ProfitHK$12.85b
Other ExpensesHK$24.70b
Earnings-HK$11.86b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-4.71
Gross Margin35.91%
Net Profit Margin-33.13%
Debt/Equity Ratio69.8%

How did 17 perform over the long term?

See historical performance and comparison