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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 | 19.58B | 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 | -15.31B | -15.31B | -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 | 25.99B | 25.99B | 28.24B | 28.24B | 28.24B | 28.24B |
| Total Debt | 155.01B | 155.01B | 160.95B | 160.95B | 160.95B | 160.95B |
| Total Liabilities | 213.53B | 213.53B | 220.27B | 220.27B | 220.27B | 220.27B |
| Stockholders Equity | 198.89B | 198.89B | 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 |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$22.92B | 16.73 | 1.48% | 5.62% | -9.78% | -29.50% | |
70 Outperform | HK$150.66B | 24.98 | 1.89% | 6.20% | -19.91% | -6.92% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
53 Neutral | HK$12.08B | -6.69 | -3.35% | 5.93% | 1.37% | -157.43% | |
48 Neutral | HK$28.64B | -1.76 | -9.54% | ― | -40.92% | -42.67% | |
48 Neutral | €1.83B | -2.31 | -3.56% | ― | 72.75% | 25.44% |
New World Development Corporate Events
New World Development has clarified that its major shareholder Chow Tai Fook Enterprises has been approached by several potential investors regarding possible investments in the company, but discussions remain preliminary and no agreements have been reached on the size, structure or form of any deal. The company understands that none of the current proposals is intended to trigger a general offer for its shares, and it states it is unaware of any undisclosed inside information or factors that would require additional market disclosure at this time, while urging shareholders and investors to disregard market rumours and exercise caution when dealing in its securities.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$9.50 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 has publicly addressed recent media speculation about potential new investors in the company, confirming that its controlling shareholder, Chow Tai Fook Enterprises, has been approached by several parties regarding possible investments but has not reached any agreement on the amount, nature or form of any such deal. The company stressed that there is no assurance any investment will materialise, stated it is not aware of undisclosed inside information that could affect its share price, and urged shareholders and investors not to rely on market rumours but to exercise caution and base decisions solely on official announcements, signalling a desire to stabilise market expectations amid ongoing interest from prospective investors.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$10.00 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 the appointment of Mr. Chan Yiu-Ho as an Executive Director, effective December 12, 2025. Mr. Chan, who has been with the company since 2000, brings extensive experience in real estate development in China and will also serve as the Chief Executive Officer of New World China Land Limited. This strategic appointment is expected to strengthen the company’s leadership team and enhance its operations in the Chinese market.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$7.00 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 the composition of its Board of Directors, detailing the roles and functions of its executive, non-executive, and independent non-executive directors. This announcement, effective from December 12, 2025, highlights the company’s strategic leadership structure, which is crucial for its operational and governance framework, potentially impacting its market positioning and stakeholder engagement.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$7.00 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 announced that all proposed resolutions at its annual general meeting held on November 20, 2025, were successfully passed by shareholders through a poll. The resolutions included the adoption of financial statements, re-election of directors, and the granting of mandates for share buybacks and issuance. The successful passing of these resolutions indicates strong shareholder support and is expected to positively impact the company’s governance and strategic initiatives.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$7.00 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 has announced the final early results and an increase to the Maximum PerpCo Cap in connection with its exchange offers for several series of existing perpetual securities and notes. This announcement marks a significant step in the company’s financial strategy, potentially impacting its liquidity and capital structure, and reflects its ongoing efforts to optimize its debt profile.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$7.00 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, through its subsidiaries CS Treasury Management Services (P) Limited and CS Treasury Management Services (B) Limited, has announced the preliminary early results and extension of the Early Exchange Consideration for its exchange offers. The company aims to achieve significant deleveraging by reducing its outstanding perpetual securities and senior notes by approximately U.S.$1.02 billion and U.S.$29.9 million, respectively. This move is expected to improve the company’s debt maturity profile, enhance balance sheet flexibility and liquidity, and strengthen its overall financial position.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.