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New World Development (HK:0017)
HKEX:0017
Holding HK:0017?
Track your performance easily
0017 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$6.20 - HK$13.92
Previous CloseHK$7.18
Volume3.03M
Average Volume (3M)16.84M
Market Cap
HK$18.07B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.30
Next Earnings
Feb 27, 2025EPS Estimate
HK$0.03Last Dividend Ex-Date
Mar 20, 2024Dividend Yield6.92%
Share Statistics
EPS (TTM)-4.54
Shares OutstandingN/A
10 Day Avg. Volume7,512,727
30 Day Avg. Volume16,843,063
Standard Deviation0.10
R-Squared0.67
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.75
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$8.09Price Target Upside12.73% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering8
New World Development News
PremiumCompany Announcements
New World Development Secures Strong AGM Support
PremiumCompany Announcements
New World Development Reveals Leadership StructurePremiumCompany Announcements
New World Development Strengthens Audit Committee Oversight
PremiumCompany Announcements
New World Development Plans AGM and Share Buyback
PremiumCompany Announcements
New World Development Unveils Board StructurePremiumCompany Announcements
New World Development Faces Revenue Dip
PremiumCompany Announcements
New World Development Mulls Stake Sale in Kai Tak Sports ParkBulls Say, Bears Say
Bulls Say
Financial StrategyNew CEO said NWD will take concrete measures to deleverage, by disposing of non-core assets, stringent capex control and temporary dividend halt.
LeadershipEric Ma appointed as new CEO, reflecting parent’s continued support on the company.
Market ValuationNWD trades at a 78% discount to NAV (which we believe has priced in most of its negatives).
Bears Say
DividendsFinal dividend has been omitted.
EarningsNWD reported net loss of HK$19.7bn in FY6/24.
Financial PerformanceFY24 net losses reached HKD19.7bn, in line with profit warning.
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Options Prices
Currently, No data available
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Ownership Overview
―
Insiders
2.50% Mutual Funds
― Other Institutional Investors
94.43% Public Companies and
Individual Investors
0017 FAQ
What was New World Development’s price range in the past 12 months?
New World Development lowest stock price was HK$6.20 and its highest was HK$13.92 in the past 12 months.
What is New World Development’s market cap?
Currently, no data Available
When is New World Development’s upcoming earnings report date?
New World Development’s upcoming earnings report date is Feb 27, 2025 which is in 97 days.
How were New World Development’s earnings last quarter?
New World Development released its earnings results on Sep 26, 2024. The company reported -HK$1.41 earnings per share for the quarter, missing the consensus estimate of HK$0.58 by -HK$1.99.
Is New World Development overvalued?
According to Wall Street analysts New World Development’s price is currently Undervalued.
Does New World Development pay dividends?
New World Development pays a Annually dividend of HK$0.2 which represents an annual dividend yield of 6.92%. See more information on New World Development dividends here
What is New World Development’s EPS estimate?
New World Development’s EPS estimate is HK$0.03.
How many shares outstanding does New World Development have?
New World Development has 2,516,633,000 shares outstanding.
What happened to New World Development’s price movement after its last earnings report?
New World Development reported an EPS of -HK$1.41 in its last earnings report, missing expectations of HK$0.58. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of New World Development?
Currently, no hedge funds are holding shares in HK:0017
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New World Development Stock Smart Score
Unlock Smart Score
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Technicals
SMA
Negative
20 days / 200 days
Momentum
-54.29%
12-Months-Change
Fundamentals
Return on Equity
-6.28%
Trailing 12-Months
Asset Growth
-27.52%
Trailing 12-Months
Company Description
New World Development
New World Development Co. Ltd. operates as an holding company, which engages in the property development and investment businesses. It operates through the following business segments: Property Development, Property Investment, Service and Infrastructure, Hotel Operations, Department Stores and Others. The Property Development segment focuses on the residential usage of company properties in China and Hong Kong. The Property Investment segment handles lands and buildings that are for lease or rent. The Service segment comprises of facilities management, contracting and transport, and strategic investments. The Infrastructure segment includes development of roads and ports, and energy, water and logistics projects. The Hotel Operations segment manages major hotel projects in Hong Kong, namely, Grand Hyatt Hong Kong, Hyatt Regency Hong Kong, Tsim Sha Tsui, Hyatt Regency Hong Kong, Sha Tin and Renaissance Harbour View Hotel. The Department Store segment operates department store retail chain in China. The Others segment includes media and technology businesses. The company was founded on May 29, 1970 and is headquartered in Hong Kong.
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0017 Company Deck
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0017 Earnings Call
Q4 2024
0:00 / 0:00
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0017 Stock 12 Month Forecast
Average Price Target
HK$8.09
▲(12.73% Upside)
Technical Analysis
Henderson Land Development Co
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Simon Property
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Boston Properties
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Vornado Realty
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New World Development
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Best Analysts Covering 0017
1 Year
1 Year Success Rate
3/3 ratings generated profit
1 Year Average Return
+19.63%
reiterated a sell rating 2 months ago
Copying Gurpreet Singh's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +19.63% per trade.
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