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New World Development
(0017)
New World Development (0017) vs. iShares MSCI Hong Kong ETF (EWH)
New World Development Business Overview & Revenue Model
New World Development Earnings Call Summary
New World Development Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2023 | Dec 2023 | Dec 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.71B | 27.71B | 35.78B | 35.78B | 35.78B | 35.78B |
| Gross Profit | 10.63B | 10.63B | 12.85B | 12.85B | 12.85B | 12.85B |
| EBITDA | -3.27B | 1.71B | 3.74B | 3.74B | 3.74B | 3.74B |
| Net Income | -15.37B | -16.30B | -17.51B | -17.51B | -17.51B | -17.51B |
Balance Sheet | ||||||
| Total Assets | 420.26B | 420.26B | 445.16B | 445.16B | 445.16B | 445.16B |
| Cash, Cash Equivalents and Short-Term Investments | 26.39B | 26.39B | 28.24B | 28.24B | 28.24B | 28.24B |
| Total Debt | 190.19B | 190.19B | 160.95B | 160.95B | 160.95B | 160.95B |
| Total Liabilities | 248.71B | 248.71B | 220.27B | 220.27B | 220.27B | 220.27B |
| Stockholders Equity | 163.72B | 163.72B | 216.11B | 216.11B | 216.11B | 216.11B |
Cash Flow | ||||||
| Free Cash Flow | -656.10M | -656.10M | -13.17B | -13.17B | -13.17B | -13.17B |
| Operating Cash Flow | 3.56B | 3.56B | -8.35B | -8.35B | -8.35B | -8.35B |
| Investing Cash Flow | 1.45B | 1.45B | 6.49B | 6.49B | 6.49B | 6.49B |
| Financing Cash Flow | -7.21B | -7.21B | -31.81B | -31.81B | -31.81B | -31.81B |
New World Development Technical Analysis
New World Development Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $19.89B | 13.99 | 1.48% | 5.81% | -9.78% | -29.50% | |
| ― | $131.10B | 21.74 | 1.89% | 6.60% | -19.91% | -6.92% | |
| ― | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
| ― | HK$10.89B | ― | -3.35% | 6.22% | 1.37% | -157.43% | |
| ― | €8.25B | -24.68 | -1.16% | 1.24% | 7.69% | 30.06% | |
| ― | €1.63B | ― | -3.45% | ― | -55.51% | -67.95% | |
| ― | $18.45B | ― | -9.54% | ― | -40.92% | -42.67% |
New World Development Corporate Events
New World Development has issued a voluntary announcement to clarify that it is not currently undertaking any liability management exercise concerning its perpetual or other debt securities, nor has it received any equity financing proposals. The company advises stakeholders to disregard market rumors and rely only on official announcements for accurate information, emphasizing caution when dealing with its securities.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$8.50 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.
The recent earnings call of New World Development Co. Ltd. painted a mixed picture for investors. While the company celebrated significant achievements in refinancing, property sales, and debt reduction, these were overshadowed by substantial financial losses, impairments, and the suspension of dividend payments, leading to a cautious outlook moving forward.
New World Development Company Limited has announced its upcoming Annual General Meeting, scheduled for November 20, 2025, at the Hong Kong Convention and Exhibition Centre. Key agenda items include the adoption of financial statements, re-election of directors, and the reappointment of auditors. Additionally, a resolution will be considered to authorize the company’s directors to buy back up to 10% of its issued shares, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.
New World Development Company Limited has announced its audited annual results for the year ending June 30, 2025, in compliance with the Hong Kong Stock Exchange’s listing requirements. This announcement reflects the company’s commitment to transparency and provides stakeholders with insights into its financial performance and strategic direction.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.
New World Development Company Limited has released its annual results for the fiscal year ending June 30, 2025. The presentation of these results highlights the company’s performance and strategic direction, offering insights into its operations and future plans. This announcement is crucial for stakeholders as it provides an overview of the company’s financial health and market positioning.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.
New World Development Company Limited has entered into a facility agreement with Deutsche Bank AG for a term loan facility of up to HKD 5.9 billion, with an initial committed tranche of HKD 3.95 billion. This financing is secured by a first-ranking mortgage over the Victoria Dockside property, allowing the company to continue its ordinary course financing activities while retaining the ability to leverage Victoria Dockside for additional financing. Stakeholders are advised to rely on official company announcements and exercise caution when dealing with the company’s securities.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.
New World Development Company Limited has announced a board meeting scheduled for September 26, 2025, to approve the final results for the fiscal year ending June 30, 2025, and to consider a final dividend recommendation. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market position and stakeholder interests.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.
New World Development Company Limited has issued a clarification announcement addressing media rumors about potential funding injections from its controlling shareholder and third-party investors. The company clarified that it is only in discussions regarding a loan facility led by Deutsche Bank AG as part of its regular financing activities and has not received any funding proposals as speculated. The company emphasized the importance of relying on official announcements for information and urged caution when dealing in its securities.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.
New World Development Company Limited has issued a clarification announcement in response to media speculation about a potential take-private offer involving its controlling shareholder and Blackstone Inc. The company has stated that no such approach has been made and advises stakeholders to rely only on official announcements for accurate information. This announcement aims to dispel rumors and maintain transparency, emphasizing caution for investors dealing in the company’s securities.
The most recent analyst rating on (HK:0017) stock is a Sell with a HK$9.00 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.