New World Development Management

Management criteria checks 2/4

New World Development's CEO is Adrian Cheng, appointed in May 2020, has a tenure of 4.33 years. directly owns 0.1% of the company’s shares, worth HK$25.49M. The average tenure of the management team and the board of directors is 4.3 years and 11.8 years respectively.

Key information

Adrian Cheng

Chief executive officer

HK$52.8m

Total compensation

CEO salary percentage	n/a
CEO tenure	4.3yrs
CEO ownership	0.1%
Management average tenure	4.3yrs
Board average tenure	11.8yrs

Recent management updates

Recent updates

CEO

Adrian Cheng (44 yo)

4.3yrs

Tenure

HK$52,800,000

Compensation

Dr. Chi-Kong Cheng, also known as Adrian, SBS, JP, serves as Chief Executive Officer at New World Development Company Limited since May 1, 2020. He has been an Executive Vice Chairman of New World Developm...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kar-Shun Cheng	Executive Chairman & MD	51.9yrs	HK$60.30m	0.21% HK$ 51.5m
Chi-Kong Cheng	Executive Vice-Chairman & CEO	4.3yrs	HK$52.80m	0.10% HK$ 25.5m
Siu-Cheung Ma	COO & Executive Director	less than a year	HK$24.20m	no data
Chi-Man Cheng	Executive Director	12.5yrs	HK$18.60m	0.033% HK$ 8.2m
Nam-Hoi Sitt	Senior Director of the Project Management Department & Executive Director	no data	HK$18.70m	no data
Shao-Mei Huang	Executive Director	4.3yrs	HK$33.80m	no data
Wai-Han Chiu	Executive Director	4.3yrs	HK$7.10m	0.0012% HK$ 298.3k
Fu Lau	Chief Financial Officer	no data	no data	no data
Man-Hoi Wong	Company Secretary	13.7yrs	no data	no data

4.3yrs

Average Tenure

57yo

Average Age

Experienced Management: 17's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kar-Shun Cheng	Executive Chairman & MD	51.9yrs	HK$60.30m	0.21% HK$ 51.5m
Chi-Kong Cheng	Executive Vice-Chairman & CEO	17.5yrs	HK$52.80m	0.10% HK$ 25.5m
Siu-Cheung Ma	COO & Executive Director	2.2yrs	HK$24.20m	no data
Chi-Man Cheng	Executive Director	12.5yrs	HK$18.60m	0.033% HK$ 8.2m
Nam-Hoi Sitt	Senior Director of the Project Management Department & Executive Director	6.3yrs	HK$18.70m	no data
Shao-Mei Huang	Executive Director	4.3yrs	HK$33.80m	no data
Wai-Han Chiu	Executive Director	4.3yrs	HK$7.10m	0.0012% HK$ 298.3k
Luen Wai Lee	Independent Non-Executive Director	20.1yrs	HK$900.00k	no data
Kar-Shing Cheng	Non-Executive Director	29.9yrs	HK$10.10m	0.014% HK$ 3.5m
Wai-Hoi Doo	Non-Executive Vice Chairman	11.2yrs	HK$400.00k	no data
Yuk-Keung Ip	Independent Non-Executive Director	6.3yrs	HK$800.00k	no data
Chi-Heng Cheng	Non-Executive Director	14.3yrs	HK$2.50m	0.0053% HK$ 1.3m

11.8yrs

Average Tenure

65yo

Average Age

Experienced Board: 17's board of directors are seasoned and experienced ( 11.8 years average tenure).

New World Development Management

Management criteria checks 2/4

Key information

Recent management updates

New World Development Company Limited, Annual General Meeting, Nov 21, 2024

New World Development Company Limited Appoints Ma Siu-Cheung as Chief Operating Officer, Effective from January 1, 2024

New World Development Company Limited, Annual General Meeting, Nov 21, 2023

Non-Executive Vice Chairman recently sold HK$16m worth of stock

Non-Executive Vice Chairman recently sold HK$6.3m worth of stock

New World Development Company Limited, Annual General Meeting, Nov 22, 2022

Recent updates

Full year 2024 earnings released

New World Development Company Limited Resolves Not to Recommend Final Dividend for the Year Ended 30 June 2024

New World Development Company Limited, Annual General Meeting, Nov 21, 2024

Investor sentiment improves as stock rises 20%

New World Development Company Limited to Report Fiscal Year 2024 Results on Sep 26, 2024

Investor sentiment deteriorates as stock falls 16%

New major risk - Dividend sustainability

Upcoming dividend of HK$0.20 per share

Investor sentiment improves as stock rises 16%

First half dividend of HK$0.20 announced

First half 2024 earnings released: EPS: HK$0.006 (vs HK$0.48 in 1H 2023)

New World Development Company Limited to Report First Half, 2024 Results on Feb 29, 2024

New World Development Company Limited Appoints Ma Siu-Cheung as Chief Operating Officer, Effective from January 1, 2024

Investor sentiment deteriorates as stock falls 20%

New World Development Company Limited Approves Final Dividend

New World Development Company Limited Declares Special Dividend, Payable on 20 December 2023

Upcoming dividend of HK$1.89 per share at 4.9% yield

New World Development Company Limited, Annual General Meeting, Nov 21, 2023

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: HK$0.39 (vs HK$0.50 in FY 2022)

Now 20% undervalued after recent price drop

New World Development Company Limited to Report Fiscal Year 2023 Results on Sep 30, 2023

Chow Tai Fook Enterprises Limited made an offer to acquire additional 96.955655% stake in NWS Holdings Limited (SEHK:659) from New World Development Company Limited (SEHK:17) and others for HKD 34.6 billion.

Non-Executive Vice Chairman recently sold HK$16m worth of stock

Non-Executive Vice Chairman recently sold HK$6.3m worth of stock

Upcoming dividend of HK$0.46 per share at 8.8% yield

First half 2023 earnings released: EPS: HK$0.48 (vs HK$0.57 in 1H 2022)

New World Development Company Limited to Report First Half, 2023 Results on Feb 23, 2023

New World Reportedly Considers Sale of Majority of $1.4 Billion Hong Kong Office Tower

Investor sentiment improved over the past week

Upcoming dividend of HK$1.50 per share

New World Development Company Limited, Annual General Meeting, Nov 22, 2022

Full year 2022 earnings released: EPS: HK$0.50 (vs HK$0.46 in FY 2021)

New World Development Company Limited to Report Fiscal Year 2022 Final Results on Sep 30, 2022

New World Development Company Limited Appoints of Ma Siu-Cheung as Executive Director

Upcoming dividend of HK$0.56 per share

First half 2022 earnings: Revenues and EPS in line with analyst expectations

New World Development Company Limited Announces Interim Dividend for the Six Months Ended 31 December 2021, Payable on 12 April 2022

New World Development Company Limited to Report First Half, 2022 Results on Feb 25, 2022

Upcoming dividend of HK$1.50 per share

Full year 2021 earnings released

New World Development Company Limited (SEHK:17) acquired remaining 50% stake in Shanghai New World Huai Hai Property Development Co., Ltd. from Chow Tai Fook Nominee Limited for CNY 3.4 billion.

Prenetics and New World Development Launches Circle HealthPod, the World's Most Advanced at-Home Covid-19 Test

Non-Executive Director recently sold HK$1.0m worth of stock

Non-Executive Vice Chairman recently sold HK$8.1m worth of stock

New World Development Company Limited Declares an Interim Dividend for the Financial Year Ending 30 June 2021, Payable on or About 15 April 2021

First half 2021 earnings released: EPS HK$0.40 (vs HK$0.40 in 1H 2020)

Revenue beats expectations

New World Development Company Limited to Report First Half, 2021 Results on Feb 26, 2021

New 90-day low: HK$35.15

New 90-day high: HK$41.25

Non-Executive Vice Chairman recently sold HK$9.1m worth of stock

New World Development Company Limited Announces Demise of Cha Mou-Sing, Payson as an Independent Non-Executive Director

Full year earnings released - EPS HK$0.43

Annual earnings released: Revenue misses expectations

Non-Executive Vice Chairman recently sold HK$2.3m worth of stock

Non-Executive Vice Chairman recently sold HK$7.8m worth of stock

New World Development Announces Complete Architectural Conservation Project

Full year earnings released - EPS HK$0.43

New World Development Company Limited Announces Resignation of Ki Man Fung, Leonie as A Non-Executive Director with Effect from 1 October 2020

New World Development Company Limited to Report Fiscal Year 2020 Results on Sep 30, 2020

Shun Tak Holdings Limited (SEHK:242) completed the acquisition of additional 45% stake in Shun Tak Centre Limited from New World Development Company Limited (SEHK:17).

New 90-day high - HK$40.80

MTR Corporation Limited (SEHK:66) completed the acquisition of remaining 50% stake in Telford Plaza II in Kowloon Bay and a 21% stake in PopCorn 2 in Tseung Kwan O from New World Development Company Limited (SEHK:17).

New World Development Company Limited To Be Deleted From Other OTC

Shun Tak Holdings Limited (SEHK:242) agreed to acquire additional 45% stake in Shun Tak Centre Limited from New World Development Company Limited (SEHK:17) for HKD 2.4 billion.

CEO

Tenure

Compensation