New World Development Company Limited
0017.HKHKSEReal EstateReal Estate - Diversified
Latest quote
HK$7.20
+HK$0.14 · +1.98%
0017.HK company overview
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Company profile
Company websiteFounded in 1970 and headquartered in Central, Hong Kong, New World Development Company Limited functions as an investment holding company with a broad and diverse portfolio of businesses. Its primary focus is property development and investment, encompassing a wide range of residential, retail, office, and industrial properties located across Hong Kong and various international markets. Beyond real estate, the company's extensive operations include commercial aircraft leasing, infrastructure management such as operating expressways, and undertaking both residential and commercial construction projects. It also provides financial services, specifically protection and savings-related life and medical insurance products. Further diversifying its interests, New World Development participates in duty-free operations, general trading, civil engineering, and marketing and promotional activities, including loyalty programs. The company is also involved in fashion retailing and trading, piling and ground investigation, the development and operation of sports parks, household goods stores, convenience stores, and the sale of LED lighting products and systems, alongside trading telecommunication system integration products. In the hospitality and retail sectors, the company manages the Hong Kong Convention and Exhibition Centre, operates hotels (which, as of June 30, 2021, included 18 properties with approximately 7,503 rooms across Hong Kong, Mainland China, and Southeast Asia), golf and tennis academies, shopping malls, and department stores. New World Development also offers an extensive array of services, including information technology, healthcare, training, ticketing, financial services, project management, general management, advertising and media-related services, business and investment consultancy, franchised and non-franchised bus transportation, estate agency, wellness and rehabilitation, endoscopic services, carpark management, supply chain management, and catering. This comprehensive service offering extends to property agency, management, and consultancy. Additionally, the company undertakes specialized façade and foundation works and provides residential and nursing care services for the elderly.
- Industry
- Real Estate - Diversified
- Sector
- Real Estate
- Headquarters
- HK
- CEO
- Shao-Mei Huang
- Listed since
- Jan 4, 2000
- Employees
- 10,000
Market position
Day range
Current HK$7.20
52-week range
Current HK$7.20
- Open
- HK$7.06
- Previous close
- HK$7.06
- Volume
- 5M
- 0.92× average
- Average volume
- 5.41M
- Average daily volume
- Market cap
- 18.12B HKD
- Beta
- 0.99
- Market reference 1
- 50-day average
- HK$6.8172
- +5.62% above average
- 200-day average
- HK$8.1675
- -11.85% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 143.9B HKD
- EV / EBITDA
- 84.05×
- Earnings yield
- -106.75%
- Free cash flow yield
- -4.57%
Profitability & efficiency
- Return on equity
- -7.70%
- Return on assets
- -3.64%
- Return on invested capital
- 0.13%
Financial health
- Current ratio
- 1.85×
- Altman Z-score
- 0.66
- Piotroski F-score
- 4 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (HKD) | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | 27.71B HKD | 35.78B HKD | 95.55B HKD | 68.21B HKD | 68.47B HKD |
| Cost of goods sold | 17.09B HKD | 22.93B HKD | 74.79B HKD | 51.29B HKD | 50.42B HKD |
| Gross profit | 10.63B HKD | 12.85B HKD | 20.76B HKD | 17.41B HKD | 18.06B HKD |
| Selling, general, and administrative | 4.71B HKD | 5.48B HKD | 6.86B HKD | 9.3B HKD | 9.09B HKD |
| Operating expenses | 15.96B HKD | 12.36B HKD | 10.75B HKD | 9.73B HKD | 10.12B HKD |
| Interest income | 700.2M HKD | 1.23B HKD | 3.69B HKD | 2.87B HKD | 3.15B HKD |
| Interest expense | 5.42B HKD | 5.51B HKD | 7.8B HKD | 4.83B HKD | 5.4B HKD |
| Depreciation and amortization | 1.25B HKD | 1.23B HKD | 1.45B HKD | 3.89B HKD | 4.22B HKD |
| Operating income | 467M HKD | 488.6M HKD | 10.01B HKD | 8.13B HKD | 8.45B HKD |
| Net income | −15.31B HKD | −17.51B HKD | 900.9M HKD | 1.25B HKD | 1.15B HKD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 30%
- 3 beats, 7 misses, 0 met estimates
- Average EPS surprise
- -1616.78%
- 10 comparable reports
- Latest EPS result
- -1.48
- Estimate 0.01 · Miss by 14900.00%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Corporate actions
Corporate action history
| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Jun 23, 2020 | 1:4 | — | — |
Stock split | Mar 26, 2014 | 531:500 | — | — |
Stock split | Oct 24, 2011 | 551:500 | — | — |
Stock split | Mar 11, 2004 | 551:500 | — | — |
Effective Jun 23, 2020
1:4
Effective Mar 26, 2014
531:500
Effective Oct 24, 2011
551:500
Effective Mar 11, 2004
551:500
0017.HK peers
0016.HK
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ETFs holding 0017.HK
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Total International Stock ETFVXUS17.61M0.00%646.2B USD0.05%$87.71+0.78%
Vanguard FTSE Developed Markets ETFVEA11.7M0.00%315B USD0.03%$73.42+0.80%
iShares Core MSCI EAFE ETFIEFA9.17M0.00%195.14B USD0.07%$100.85+0.86%
Avantis International Equity ETFAVDE8.96M0.05%19.1B USD0.23%$94.26+0.87%
Avantis International Small Cap Value ETFAVDV7.51M0.04%20.24B USD0.36%$111.95+1.06%
Schwab Fundamental International Large Company Index ETFFNDF6.51M0.02%26.15B USD0.25%$55.84+0.83%
Vanguard Global ex-U.S. Real Estate ETFVNQI4.37M0.11%3.9B USD0.12%$45.71+0.04%
iShares MSCI EAFE Small-Cap ETFSCZ4.28M0.03%13.28B USD0.40%$86.60+0.70%Vanguard Total International Stock ETFVXUS- Market value
- 17.61M
- Weight
- 0.00%
- AUM
- 646.2B USD
- Expense ratio
- 0.05%
- Price / 1D
- $87.71+0.78%
Vanguard FTSE Developed Markets ETFVEA- Market value
- 11.7M
- Weight
- 0.00%
- AUM
- 315B USD
- Expense ratio
- 0.03%
- Price / 1D
- $73.42+0.80%
iShares Core MSCI EAFE ETFIEFA- Market value
- 9.17M
- Weight
- 0.00%
- AUM
- 195.14B USD
- Expense ratio
- 0.07%
- Price / 1D
- $100.85+0.86%
Avantis International Equity ETFAVDE- Market value
- 8.96M
- Weight
- 0.05%
- AUM
- 19.1B USD
- Expense ratio
- 0.23%
- Price / 1D
- $94.26+0.87%
Avantis International Small Cap Value ETFAVDV- Market value
- 7.51M
- Weight
- 0.04%
- AUM
- 20.24B USD
- Expense ratio
- 0.36%
- Price / 1D
- $111.95+1.06%
Schwab Fundamental International Large Company Index ETFFNDF- Market value
- 6.51M
- Weight
- 0.02%
- AUM
- 26.15B USD
- Expense ratio
- 0.25%
- Price / 1D
- $55.84+0.83%
Vanguard Global ex-U.S. Real Estate ETFVNQI- Market value
- 4.37M
- Weight
- 0.11%
- AUM
- 3.9B USD
- Expense ratio
- 0.12%
- Price / 1D
- $45.71+0.04%
iShares MSCI EAFE Small-Cap ETFSCZ- Market value
- 4.28M
- Weight
- 0.03%
- AUM
- 13.28B USD
- Expense ratio
- 0.40%
- Price / 1D
- $86.60+0.70%
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