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New World Development Company Limited (0017.HK)

HKD6.63 +0.15 (+2.31%)
HK HKSE Real Estate Real Estate - Diversified
Address New World Tower
Central, HK
CEO Shao-Mei Huang
Website nwd.com.hk
IPO 1972-11-23
ISIN HK0000608585

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 0017.HK (HKD) Other OTC · NDVLY (USD) Other OTC · NWWDF (USD)
Description

Founded 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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD6.63 +0.15 (+2.31%)
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Volume Profile
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Liquidity & share structure
Average Volume
6M
Beta
0.98
Float Shares
1.37B
Free Float %
54.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.36% +1.11% -4.42% -24.31% +19.65% +13.07% +78.31% -56.78% -80.36% -71.96% -85.75%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
6.63
DCF (Unlevered) 14.91 +124.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 -1
Hold 5 0
Sell 4 0
Strong Sell 2 0
Quality scores
Altman Z-Score
0.50
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Real Estate - Diversified: +7.3%
    -22.6% Q4'25: -50.8% (vs Q4'23)
  • EPS growth Real Estate - Diversified: +24.5%
    -42.7% Q4'25: -26,064.9% (vs Q4'23)
  • FCF margin FCF growth · Real Estate - Diversified: +20.5%
    +4.0% Q4'25: -24.7% (vs Q4'23)
  • EBIT margin Real Estate - Diversified: +35.8%
    +1.7% Q4'25: +9.6% (vs Q4'23)
  • ROIC Real Estate - Diversified: +3.0%
    +0.1% Q4'25: +0.9% (vs Q4'23)
  • Share dilution Real Estate - Diversified: +0.0%
    +0.0% Q4'25: +0.0% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Real Estate - Diversified: 3.57×
    90.54× Q4'25: 32.48× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.99) × ERP
WACC = 12% × Ke + 88% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 15.82 Current price: 6.63
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Jun 2015
actual
Jun 2016
actual
Jun 2017
actual
Jun 2018
actual
Jun 2019
actual
Jun 2020
actual
Jun 2021
actual
Jun 2022
actual
Jun 2023
actual
Jun 2024
actual
Jun 2025
actual
Jun 2026
5 Rev. Ana.
10 EPS Ana.
Jun 2027
7 Rev. Ana.
9 EPS Ana.
Jun 2028
5 Rev. Ana.
4 EPS Ana.
Revenue
55.25B
est: 51.43B (+7.4%)
59.57B
est: 57.93B (+2.8%)
56.63B
est: 59.79B (-5.3%)
60.69B
est: 58.83B (+3.2%)
76.76B
est: 74.74B (+2.7%)
59.25B
est: 70.73B (-16.2%)
68.47B
est: 69.09B (-0.9%)
68.21B
est: 74.31B (-8.2%)
95.55B
est: 82.96B (+15.2%)
35.78B
est: 41.54B (-13.9%)
27.71B
est: 28.22B (-1.8%)
23.66B
18.21B – 27.07B
-16.2% YoY
26.50B
19.23B – 37.23B
+12.0% YoY
27.96B
20.86B – 35.87B
+5.5% YoY
EBITDA
12.03B
est: 6.28B (+91.7%)
11.01B
est: 7.07B (+55.7%)
13.45B
est: 7.30B (+84.2%)
14.20B
est: 7.18B (+97.7%)
16.53B
est: 9.12B (+81.1%)
13.17B
est: 8.63B (+52.6%)
12.15B
est: 8.44B (+44.0%)
11.22B
est: 9.07B (+23.7%)
9.78B
est: 10.13B (-3.5%)
3.74B
est: 5.07B (-26.3%)
1.71B
est: 3.45B (-50.3%)
2.89B
2.22B – 3.31B
-16.2% YoY
3.24B
2.35B – 4.55B
+12.0% YoY
3.41B
2.55B – 4.38B
+5.5% YoY
EBIT
10.97B
est: 4.09B (+168.5%)
11.42B
est: 4.60B (+148.1%)
11.56B
est: 4.75B (+143.2%)
12.82B
est: 4.68B (+174.2%)
14.22B
est: 5.94B (+139.3%)
9.48B
est: 5.62B (+68.6%)
7.93B
est: 5.49B (+44.4%)
7.33B
est: 5.91B (+24.1%)
8.33B
est: 6.59B (+26.3%)
2.51B
est: 3.30B (-24.1%)
467.00M
est: 2.24B (-79.2%)
1.88B
1.45B – 2.15B
-16.2% YoY
2.11B
1.53B – 2.96B
+12.0% YoY
2.22B
1.66B – 2.85B
+5.5% YoY
Net Income
19.11B
est: 7.19B (+165.7%)
8.67B
est: 7.02B (+23.4%)
8.07B
est: 7.45B (+8.4%)
23.87B
est: 7.16B (+233.4%)
18.96B
est: 8.14B (+133.1%)
1.10B
est: 7.19B (-84.8%)
1.15B
est: 6.65B (-82.7%)
1.25B
est: 5.82B (-78.5%)
900.90M
est: 4.43B (-79.6%)
-17.51B
est: 1.70B (-1,131.9%)
-15.31B
est: -4.84B (-216.5%)
-2.82B
-4.51B – -1.01B
+41.6% YoY
-1.02B
-36.41B – 32.12B
+63.8% YoY
-666.09M
-911.16M – -446.32M
+34.8% YoY
SGA
9.81B
est: 6.83B (+43.6%)
9.62B
est: 7.69B (+25.1%)
8.79B
est: 7.94B (+10.7%)
9.23B
est: 7.81B (+18.1%)
8.46B
est: 9.92B (-14.8%)
9.06B
est: 9.39B (-3.5%)
9.09B
est: 9.17B (-0.9%)
9.30B
est: 9.87B (-5.7%)
6.86B
est: 11.02B (-37.8%)
5.48B
est: 5.52B (-0.6%)
4.71B
est: 3.75B (+25.6%)
3.14B
2.42B – 3.59B
-16.2% YoY
3.52B
2.55B – 4.94B
+12.0% YoY
3.71B
2.77B – 4.76B
+5.5% YoY
EPS
8.70
est: 2.86 (+204.4%)
3.79
est: 2.79 (+35.8%)
3.21
est: 2.96 (+8.4%)
9.57
est: 2.85 (+236.4%)
7.43
est: 3.23 (+129.8%)
0.43
est: 2.86 (-85.0%)
0.45
est: 2.64 (-83.0%)
0.50
est: 2.31 (-78.4%)
0.22
est: 1.76 (-87.5%)
-4.54
est: 0.67 (-773.4%)
-6.48
est: -1.92 (-237.1%)
-1.12
-1.79 – -0.40
+41.6% YoY
-0.41
-14.47 – 12.76
+63.8% YoY
-0.26
-0.36 – -0.18
+34.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-28 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-27 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-26 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-22 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-21 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-20 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-19 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-18 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-15 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-14 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-13 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-12 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-11 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-08 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-07 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-06 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-05 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-05-04 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-30 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-29 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-28 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-27 C 2/5 1/5 1/5 1/5 2/5 1/5 5/5
2026-04-24 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-23 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-22 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-21 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-20 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-17 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-16 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-15 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-64.15B
OE per share TTM
-25.50
Owner's Yield
-429.67%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
42.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 95 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Inspire International ETF WWJD 0.48% 2.56M 0.61%
2 Inspire Global Hope ETF BLES 0.24% 380.3K 0.60%
3 iShares International Developed Real Estate ETF IFGL 0.16% 129.4K 0.48%
4 Vanguard Global ex-U.S. Real Estate ETF VNQI 0.13% 5.00M 0.12%
5 Xtrackers International Real Estate ETF HAUZ 0.12% 1.23M 0.10%
6 iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L 0.10% 76.0K 0.74%
7 UBS FTSE EPRA Nareit Developed Green UCITS ETF USD dis CSYZ.DE 0.10% 212.4K 0.25%
8 FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund TLTD 0.07% 426.6K 0.41%
9 Avantis International Small Cap Equity ETF AVDS 0.06% 194.2K 0.30%
10 iShares Environmentally Aware Real Estate ETF ERET 0.06% 8.3K 0.30%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
44.5K
Shares Outstanding
2.52B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kar-Shun Cheng Executive Chairman & MD 31M
Shao-Mei Huang Chief Executive Officer & Executive Director 18M female
Nam-Hoi Sitt Senior Director of the Project Management Department & Executive Director 17M male
Fu Keung Lau Chief Financial Officer, Joint Company Secretary & Executive Director 10M male
Wai-Han Chiu Senior Director of Corporate Services & Executive Director 7M female
Yiu-Ho Chan Executive Director 300.0K male
Chi-Man Cheng Executive Director 300.0K female
Chi Hang Executive Director 300.0K male
Ka Wai Hui Joint Company Secretary female
Patrick Cheong Investor Relation Executive male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits