Stock 17 NEW WORLD DEVELOPMENT COMPANY LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Company New World Development Company Limited

Equities

17

HK0000608585

Real Estate Development & Operations

Market Closed - Hong Kong S.E.
Other stock markets
 04:09:09 2024-04-25 am EDT 		5-day change 1st Jan Change
7.91 HKD -0.63% Intraday chart for New World Development Company Limited +6.75% -34.74%
Mar. 20 Mainland Chinese surge into Hong Kong property after stamp duties scrapped RE
Mar. 19 Mainland Chinese surge into Hong Kong property after stamp duties scrapped RE

Business Summary

New World Development Co Ltd is an investment holding company mainly engaged in the property development. The Company operates its business through eight segments. The Property Development segment engages in the construction of the residential units, including MOUNT PAVILIA, The Masterpiece, FLEUR PAVILIA and the Double Cove series, among others. The Construction segment constructs commercial and residential projects, and government and institutional related projects. The Insurance segment sells life insurance and medical insurance products. The Property Investment segment engages in the property investment, its property investment portfolio includes commercial buildings and offices. The Roads segment operates toll roads and expressways. The Hotel Operations segment operates hotel business in China and Southeast Asia. The Aviation segment engages in commercial aircraft leasing business. The Other segment is engaged in facility management and free duty business.

Number of employees: 13,000

Sales per Business

HKD in Million2022Weight2023Weight Delta
Construction
34.2 %
25,759 37.8 % 32,548 34.2 % +26.36%
Property Development
28.7 %
17,370 25.5 % 27,308 28.7 % +57.22%
Insurance
22.0 %
12,372 18.1 % 20,986 22.0 % +69.63%
Others
5.8 %
4,348 6.4 % 5,553 5.8 % +27.71%
Property Investment
5.2 %
4,824 7.1 % 4,996 5.2 % +3.57%
Roads
2.9 %
2,718 4.0 % 2,732 2.9 % +0.53%
Hotel
1.1 %
824 1.2 % 1,091 1.1 % +32.51%

Sales per region

HKD in Million2022Weight2023Weight Delta
Hong Kong
80.2 %
48,011 70.4 % 76,327 80.2 % +58.98%
China
19.5 %
20,037 29.4 % 18,548 19.5 % -7.43%
Others
0.4 %
165 0.2 % 339 0.4 % +105.83%

Managers

Managers TitleAgeSince
Kar Shun Cheng CEO
 Chief Executive Officer 77 71-12-31
Chi-Kong Cheng CEO
 Chief Executive Officer 44 06-08-31
Fu Keung Lau DFI
 Director of Finance/CFO 43 -
Siu Cheung Ma COO
 Chief Operating Officer 61 22-06-30
Wai-Han Chiu BRD
 Director/Board Member 53 -
Yin Pan Cheng PRN
 Corporate Officer/Principal 36 16-02-29
Yan Guan PRN
 Corporate Officer/Principal 43 19-03-31
Man-Hoi Wong LAW
 General Counsel 65 00-10-31

Members of the board

Members of the board TitleAgeSince
Wai-Hoi Doo BRD
 Director/Board Member 79 13-06-30
Kar Shing Cheng BRD
 Director/Board Member 71 94-09-30
Luen Wai Lee BRD
 Director/Board Member 75 04-07-31
Chi-Kong Cheng CEO
 Chief Executive Officer 44 06-08-31
Kar Shun Cheng CEO
 Chief Executive Officer 77 71-12-31
Chi-Man Cheng BRD
 Director/Board Member 42 07-12-31
Chi-Heng Cheng BRD
 Director/Board Member 47 10-05-31
Siu Cheung Ma COO
 Chief Operating Officer 61 22-06-30
Wai-Han Chiu BRD
 Director/Board Member 53 -
Wing Sze Lo BRD
 Director/Board Member 52 22-11-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,516,600,000 1,369,132,435 ( 54.40 %) 0 54.40 %

Shareholders

NameEquities%Valuation
Cheng Yu Tung Family Ltd.
45.33 %
1,140,728,609 45.33 % 1 204 M $
BlackRock Fund Advisors
1.138 %
28,631,749 1.138 % 30 M $
BlackRock Investment Management (UK) Ltd.
0.8218 %
20,682,451 0.8218 % 22 M $
BlackRock Advisors (UK) Ltd.
0.3701 %
9,314,022 0.3701 % 10 M $
Kar Shun Cheng
0.2054 %
5,168,909 0.2054 % 5 M $
BlackRock Advisors LLC
0.1628 %
4,097,507 0.1628 % 4 M $
State Street Global Advisors Ltd.
0.1167 %
2,937,640 0.1167 % 3 M $
China Asset Management (Hong Kong) Ltd.
0.1155 %
2,906,855 0.1155 % 3 M $
BlackRock (Netherlands) BV
0.1103 %
2,776,518 0.1103 % 3 M $
Chi-Kong Cheng
0.1017 %
2,559,118 0.1017 % 3 M $
NameEquities%Valuation
Manulife Investment Management (Hong Kong) Ltd.
0.001987 %
100,000 0.001987 % 52 800 $
Yousif Capital Management LLC
0.001553 %
78,153 0.001553 % 41 265 $

Holdings

NameEquities%Valuation
NEW WORLD DEPARTMENT STORE CHINA LIMITED
72.29%
 1,218,900,000 72.29% 45,940,341 $
MELBOURNE ENTERPRISES LIMITED
15.00%
 3,750,000 15.00% 37,852,425 $
DDC ENTERPRISE LIMITED
10.70%
 2,088,077 10.70% 2,547,454 $

Company contact information

New World Development Co. Ltd.

30/F, New World Tower 18 Queen's Road Central

, Hong Kong

+852 2523 1056

http://www.nwd.com.hk
address New World Development Company Limited(17)

Group companies

NameCategory and Sector
New World China Land Ltd.
Logo New World China Land Ltd.

New World China Land Ltd.

Real Estate DevelopmentFinance

New World China Land Ltd. is an investment holding company, which engages in the investment and development of real estate properties. The company was founded on May 17, 1999 and is headquartered in Guangzhou, China.

Real Estate Development
NWS HOLDINGS LIMITED
Engineering & Construction
New World Capital Finance Ltd.
Logo New World Capital Finance Ltd.

New World Capital Finance Ltd.

Regional BanksFinance

New World Capital Finance Ltd. provides financial services. It offers issuing money in various forms, receiving deposits of money, lending money, and processing transactions and the creating of credit. The company is headquartered in British Virgin Islands.

Regional Banks
NWS Infrastructure Management Ltd.
Logo NWS Infrastructure Management Ltd.

NWS Infrastructure Management Ltd.

Other TransportationTransportation

Part of NWS Holdings Ltd., NWS Infrastructure Management Ltd. is a Chinese company that engages in the management of highway and expressway. The private company is based in Hong Kong, Hong Kong.

Other Transportation
Fita International Ltd.
Logo Fita International Ltd.

Fita International Ltd.

Investment Banks/BrokersFinance

Part of New World Development Co. Ltd., Fita International Ltd. is a Chinese company that issues and markets bonds. The private company is located in Hong Kong.

Investment Banks/Brokers
NWS Holdings (Finance) Ltd.
NWD MTN Ltd.
Finance/Rental/Leasing
NWD Finance (BVI) Ltd.
Logo NWD Finance (BVI) Ltd.

NWD Finance (BVI) Ltd.

Financial ConglomeratesFinance

NWD Finance BVI Ltd. operates as investment holding company. The company is headquartered in Road Town, British Virgin Islands.

Financial Conglomerates
Fortland Ventures Ltd.

Sector

Real Estate
Real Estate
Real Estate Operations
Real Estate Development & Operations
Other Real Estate Development & Operations

Sales per Business

Sales per region

Ratings for New World Development Company Limited

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
16
Last Close Price
7.96 HKD
Average target price
9.843 HKD
Spread / Average Target
+23.66%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Real Estate Development & Operations

1st Jan change Capi.
NEW WORLD DEVELOPMENT COMPANY LIMITED Stock New World Development Company Limited
-34.74% 2.56B
MITSUI FUDOSAN CO., LTD. Stock Mitsui Fudosan Co., Ltd.
+31.39% 28.38B
SUN HUNG KAI PROPERTIES LIMITED Stock Sun Hung Kai Properties Limited
-14.74% 26.6B
DLF LIMITED Stock DLF Limited
+23.05% 26.54B
MITSUBISHI ESTATE CO., LTD. Stock Mitsubishi Estate Co., Ltd.
+41.97% 23.07B
CHINA RESOURCES LAND LIMITED Stock China Resources Land Limited
-6.96% 23.03B
EMAAR PROPERTIES Stock Emaar Properties
+2.90% 19.81B
CHINA OVERSEAS LAND & INVESTMENT LTD. Stock China Overseas Land & Investment Ltd.
-6.25% 16.96B
SUMITOMO REALTY & DEVELOPMENT CO., LTD. Stock Sumitomo Realty & Development Co., Ltd.
+26.13% 16.75B
MACROTECH DEVELOPERS LIMITED Stock Macrotech Developers Limited
+18.54% 14.92B
Other Real Estate Development & Operations
  1. Stock Market
  2. Equities
  3. 17 Stock
  4. Company New World Development Company Limited