New World Development Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Echo Huang

Chief executive officer

HK$23.9m

Total compensation

CEO salary percentage	94.6%
CEO tenure	no data
CEO ownership	n/a
Management average tenure	8.7yrs
Board average tenure	12.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Echo Huang's remuneration changed compared to New World Development's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	HK$24m	HK$23m	-HK$12b
Mar 31 2024	n/a	n/a	-HK$5b
Dec 31 2023	n/a	n/a	HK$786m
Sep 30 2023	n/a	n/a	HK$881m
Jun 30 2023	HK$34m	HK$33m	-HK$955m
Mar 31 2023	n/a	n/a	HK$1m
Dec 31 2022	n/a	n/a	HK$31m
Sep 30 2022	n/a	n/a	HK$640m
Jun 30 2022	HK$24m	n/a	HK$1b
Mar 31 2022	n/a	n/a	HK$1b
Dec 31 2021	n/a	n/a	HK$2b
Sep 30 2021	n/a	n/a	HK$1b
Jun 30 2021	HK$23m	n/a	HK$1b
Mar 31 2021	n/a	n/a	HK$1b
Dec 31 2020	n/a	n/a	HK$1b
Sep 30 2020	n/a	n/a	HK$1b
Jun 30 2020	HK$22m	n/a	HK$1b

Compensation vs Market: Echo's total compensation ($USD3.08M) is above average for companies of similar size in the Hong Kong market ($USD511.75K).

Compensation vs Earnings: Echo's compensation has been consistent with company performance over the past year.

CEO

Echo Huang (55 yo)

no data

Tenure

HK$23,900,000

Compensation

Ms. Shao-Mei Huang, also known as Echo, serves as an Executive Director at New World Development Company Limited since May 1, 2020 and serves as its Chief Executive Officer since December 02, 2024. Ms. Hua...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kar-Shun Cheng	Executive Chairman & MD	52.2yrs	HK$47.80m	0.21% HK$ 27.8m
Shao-Mei Huang	CEO & Executive Director	no data	HK$23.90m	no data
Chi-Man Cheng	Executive Director	12.8yrs	HK$18.00m	0.033% HK$ 4.4m
Nam-Hoi Sitt	Senior Director of the Project Management Department & Executive Director	no data	HK$18.60m	no data
Wai-Han Chiu	Executive Director	4.6yrs	HK$7.60m	0.0012% HK$ 161.1k
Fu Lau	CFO & Executive Director	no data	no data	0.000040% HK$ 5.4k
Chi Ho	Executive Director	less than a year	no data	no data
Man-Hoi Wong	Company Secretary	13.9yrs	no data	no data

8.7yrs

Average Tenure

60yo

Average Age

Experienced Management: 17's management team is seasoned and experienced (8.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kar-Shun Cheng	Executive Chairman & MD	52.2yrs	HK$47.80m	0.21% HK$ 27.8m
Shao-Mei Huang	CEO & Executive Director	4.6yrs	HK$23.90m	no data
Chi-Man Cheng	Executive Director	12.8yrs	HK$18.00m	0.033% HK$ 4.4m
Nam-Hoi Sitt	Senior Director of the Project Management Department & Executive Director	6.5yrs	HK$18.60m	no data
Wai-Han Chiu	Executive Director	4.6yrs	HK$7.60m	0.0012% HK$ 161.1k
Fu Lau	CFO & Executive Director	no data	no data	0.000040% HK$ 5.4k
Chi Ho	Executive Director	less than a year	no data	no data
Luen Wai Lee	Independent Non-Executive Director	20.3yrs	HK$1.00m	no data
Kar-Shing Cheng	Non-Executive Director	30.2yrs	HK$9.90m	0.014% HK$ 1.9m
Wai-Hoi Doo	Non-Executive Vice Chairman	11.4yrs	HK$400.00k	no data
Chi-Kong Cheng	Non-Executive Vice-chairman	17.8yrs	HK$43.00m	0.10% HK$ 13.8m
Chi-Heng Cheng	Non-Executive Director	14.5yrs	HK$2.50m	0.0053% HK$ 717.6k

12.1yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 17's board of directors are seasoned and experienced ( 12.1 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 08:40
End of Day Share Price	2024/12/24 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analyst	Institution
Kwok Yi Louie	Barclays
Andrew Lawrence	Barclays
Wee Liat Lee	BNP Paribas Securities (Asia)

New World Development Management

Management criteria checks 3/4

Key information

Recent management updates

New World Development Company Limited Announces Director Appointments

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

Recent updates

New World Development Company Limited Announces Director Appointments

Chow Tai Fook Enterprises Limited agreed to acquire 75% stake in Kai Tak Sports Park Limited from New World Development Company Limited (SEHK:17) for approximately HKD 420 million.

Full year 2024 earnings released: HK$4.71 loss per share (vs HK$0.38 loss in FY 2023)

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.