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 19.9% 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 Growth | 27.7% |
| Revenue growth rate | 2.9% |
| Return on equity | 1.8% |
| Net Margin | 0.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How New World Development makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 89,493 | 786 | 10,996 | 0 |
| 30 Sep 23 | 92,354 | 881 | 11,275 | 0 |
| 30 Jun 23 | 95,214 | 976 | 11,554 | 0 |
| 31 Mar 23 | 66,616 | 1 | 9,426 | 0 |
| 31 Dec 22 | 55,426 | 31 | 8,896 | 0 |
| 30 Sep 22 | 61,819 | 640 | 9,759 | 0 |
| 30 Jun 22 | 68,213 | 1,249 | 10,621 | 0 |
| 31 Mar 22 | 68,221 | 1,405 | 10,616 | 0 |
| 31 Dec 21 | 68,229 | 1,562 | 10,611 | 0 |
| 30 Sep 21 | 68,231 | 1,357 | 10,518 | 0 |
| 30 Jun 21 | 68,233 | 1,152 | 10,426 | 0 |
| 31 Mar 21 | 65,177 | 1,122 | 10,398 | 0 |
| 31 Dec 20 | 62,121 | 1,092 | 10,371 | 0 |
| 30 Sep 20 | 60,564 | 1,094 | 10,358 | 0 |
| 30 Jun 20 | 59,008 | 1,096 | 10,346 | 0 |
| 31 Mar 20 | 59,484 | 4,495 | 10,304 | 0 |
| 31 Dec 19 | 59,961 | 7,893 | 10,263 | 0 |
| 30 Sep 19 | 68,362 | 13,027 | 10,424 | 0 |
| 30 Jun 19 | 76,764 | 18,160 | 10,585 | 0 |
| 31 Mar 19 | 79,392 | 20,756 | 10,387 | 0 |
| 31 Dec 18 | 82,020 | 23,353 | 10,188 | 0 |
| 30 Sep 18 | 71,355 | 23,345 | 9,707 | 0 |
| 30 Jun 18 | 60,689 | 23,338 | 9,226 | 0 |
| 31 Mar 18 | 59,307 | 18,974 | 9,135 | 0 |
| 31 Dec 17 | 57,925 | 14,610 | 9,045 | 0 |
| 30 Sep 17 | 57,277 | 11,143 | 8,915 | 0 |
| 30 Jun 17 | 56,629 | 7,676 | 8,786 | 0 |
| 31 Mar 17 | 54,530 | 8,689 | 8,919 | 0 |
| 31 Dec 16 | 52,431 | 9,702 | 9,052 | 0 |
| 30 Sep 16 | 56,001 | 9,184 | 9,338 | 0 |
| 30 Jun 16 | 59,570 | 8,666 | 9,624 | 0 |
| 31 Mar 16 | 60,803 | 12,612 | 9,573 | 0 |
| 31 Dec 15 | 62,037 | 16,557 | 9,522 | 0 |
| 30 Sep 15 | 58,641 | 17,835 | 9,666 | 0 |
| 30 Jun 15 | 55,245 | 19,112 | 9,809 | 0 |
| 31 Mar 15 | 55,776 | 15,081 | 9,536 | 0 |
| 31 Dec 14 | 56,307 | 11,051 | 9,263 | 0 |
| 30 Sep 14 | 56,404 | 10,388 | 8,989 | 0 |
| 30 Jun 14 | 56,501 | 9,725 | 8,716 | 0 |
| 31 Mar 14 | 53,003 | 9,209 | 8,520 | 0 |
| 31 Dec 13 | 49,505 | 8,692 | 8,324 | 0 |
| 30 Sep 13 | 48,143 | 11,420 | 8,061 | 0 |
| 30 Jun 13 | 46,780 | 14,149 | 7,797 | 0 |
Quality Earnings: NDVL.Y 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: NDVL.Y'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: NDVL.Y's earnings have declined by 74.5% per year over the past 5 years.
Accelerating Growth: NDVL.Y's earnings growth over the past year (2469%) exceeds its 5-year average (-74.5% per year).
Earnings vs Industry: NDVL.Y earnings growth over the past year (2469%) exceeded the Real Estate industry -4.1%.
Return on Equity
High ROE: NDVL.Y's Return on Equity (1.8%) is considered low.