New World Development Past Earnings Performance

Past criteria checks 0/6

New World Development's earnings have been declining at an average annual rate of -81.1%, while the Real Estate industry saw earnings declining at 1% annually. Revenues have been growing at an average rate of 2.3% per year.

Key information

-81.1%

Earnings growth rate

-81.0%

EPS growth rate

Real Estate Industry Growth	2.8%
Revenue growth rate	2.3%
Return on equity	-4.4%
Net Margin	-33.1%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

SZSC:17 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	35,782	-11,855	6,518
31 Mar 24	71,342	-5,032	9,555
31 Dec 23	89,493	786	10,996
30 Sep 23	92,354	881	11,275
30 Jun 23	95,214	976	11,554
31 Mar 23	66,616	1	9,426
31 Dec 22	55,426	31	8,896
30 Sep 22	61,819	640	9,759
30 Jun 22	68,213	1,249	10,621
31 Mar 22	68,221	1,405	10,616
31 Dec 21	68,229	1,562	10,611
30 Sep 21	68,231	1,357	10,518
30 Jun 21	68,233	1,152	10,426
31 Mar 21	65,177	1,122	10,398
31 Dec 20	62,121	1,092	10,371
30 Sep 20	60,564	1,094	10,358
30 Jun 20	59,008	1,096	10,346
31 Mar 20	59,484	4,495	10,304
31 Dec 19	59,961	7,893	10,263
30 Sep 19	68,362	13,027	10,424
30 Jun 19	76,764	18,160	10,585
31 Mar 19	79,392	20,756	10,387
31 Dec 18	82,020	23,353	10,188
30 Sep 18	71,355	23,345	9,707
30 Jun 18	60,689	23,338	9,226
31 Mar 18	59,307	18,974	9,135
31 Dec 17	57,925	14,610	9,045
30 Sep 17	57,277	11,143	8,915
30 Jun 17	56,629	7,676	8,786
31 Mar 17	54,530	8,689	8,919
31 Dec 16	52,431	9,702	9,052
30 Sep 16	56,001	9,184	9,338
30 Jun 16	59,570	8,666	9,624
31 Mar 16	60,803	12,612	9,573
31 Dec 15	62,037	16,557	9,522
30 Sep 15	58,641	17,835	9,666
30 Jun 15	55,245	19,112	9,809
31 Mar 15	55,776	15,081	9,536
31 Dec 14	56,307	11,051	9,263
30 Sep 14	56,404	10,388	8,989
30 Jun 14	56,501	9,725	8,716
31 Mar 14	53,003	9,209	8,520
31 Dec 13	49,505	8,692	8,324
30 Sep 13	48,143	11,420	8,061

Quality Earnings: 17 is currently unprofitable.

Growing Profit Margin: 17 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 17 is unprofitable, and losses have increased over the past 5 years at a rate of 81.1% per year.

Accelerating Growth: Unable to compare 17's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 17 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-11%).

Return on Equity

High ROE: 17 has a negative Return on Equity (-4.36%), as it is currently unprofitable.

New World Development Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2024 earnings released

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

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

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

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

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.

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis