New World Development (HK:0017)
:0017
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0017 Stock Chart & Stats
HK$8.58
-HK$0.12(-2.51%)
At close: 4:00 PM EST
HK$8.58
-HK$0.12(-2.51%)
Day’s Range― - ―
52-Week RangeHK$4.81 - HK$12.45
Previous CloseN/A
Volume12.89M
Average Volume (3M)18.32M
Market Cap
HK$18.80B
Enterprise ValueHK$184.12B
Total Cash (Recent Filing)HK$22.07B
Total Debt (Recent Filing)HK$183.91B
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Sep 25, 2026EPS Estimate
1.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.32
Shares Outstanding2,516,633,000
10 Day Avg. Volume11,682,085
30 Day Avg. Volume18,321,725
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.07
Price to Sales (P/S)0.52
P/FCF Ratio-21.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$9.50Price Target Upside10.72% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)-1.12
Revenue Forecast (FY)HK$23.66B
Bulls Say, Bears Say
Bulls Say
Debt ManagementSuccessfully refinanced HKD88.2bn loan, sharply reducing short-term debt obligations.
Real Estate DevelopmentNew World Development is cooperating with SOEs such as China Resources Land and China Merchant Shekou Holdings to develop residential projects in the Northern Metropolis.
Bears Say
Contractual UncertaintyThe company is in discussions with the Hong Kong Airport Authority regarding the contractual arrangement of 11 Skies. The outcome would have an impact on its share price.
De-leveraging ConcernsShare price performance to hinge on de-leveraging newsflow, maintain HOLD with HKD7.02 TP.
Financial LossesFY25 net loss of HKD16.3bn was dragged by large impairment provisions and one-off charges.
New World Development News
0017 FAQ
What was New World Development’s price range in the past 12 months?
New World Development lowest stock price was HK$4.81 and its highest was HK$12.45 in the past 12 months.
What is New World Development’s market cap?
New World Development’s market cap is HK$18.80B.
When is New World Development’s upcoming earnings report date?
New World Development’s upcoming earnings report date is Sep 25, 2026 which is in 106 days.
How were New World Development’s earnings last quarter?
New World Development released its earnings results on Feb 27, 2026. The company reported -HK$1.48 earnings per share for the quarter, missing the consensus estimate of HK$0.01 by -HK$1.49.
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 Quarterly dividend of HK$0.2 which represents an annual dividend yield of N/A. See more information on New World Development dividends here
What is New World Development’s EPS estimate?
New World Development’s EPS estimate is 1.53.
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$1.48 in its last earnings report, missing expectations of HK$0.01. Following the earnings report the stock price went up 3.626%.
Which hedge fund is a major shareholder of New World Development?
Currently, no hedge funds are holding shares in HK:0017
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
New World Development Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.72%
12-Months-Change
Fundamentals
Return on Equity
-6.66%
Trailing 12-Months
Asset Growth
-2.42%
Trailing 12-Months
Company Description
New World Development
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.
0017 Company Deck
0017 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant achievements in refinancing, property sales, and debt reduction. However, these were counterbalanced by substantial financial losses, impairments, and suspended dividend payments, leading to a cautious outlook.View all HK:0017 earnings summaries0017 Stock 12 Month Forecast
Average Price Target
HK$9.50
▲(10.72% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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