New World Development Company Limited Share Price and Company Fundamentals
Last traded: Today at 8:08 AM
New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as provides protection and savings-related life and medical insurance products. In addition, it is involved in the duty-free operation and general trading, civil engineering, loyalty program, marketing, promotion, fashion retailing and trading, and piling and ground investigation businesses; and development and operation of sports park. Further, the company manages Hong Kong convention and exhibition centre; operates hotels, golf and tennis academies, and shopping malls; operates department stores; and provides information technology, healthcare, training course, ticketing, financial, project management, management, advertising, business and investment consultancy, estate agency, wellness and rehabilitation, endoscopic, carpark management, supply chain management, and catering services, as well as property agency, management, and consultancy services. Additionally, the company undertakes façade and foundation works; and offers elderly residential services. As of June 30, 2022, it operated a total of 15 hotel properties totalling 5,958 rooms in Hong Kong, Mainland China, and the Southeast Asia. New World Development Company Limited was founded in 1970 and is headquartered in Central, Hong Kong.
Key Metrics
PE ratio
50.12
PB ratio
0.21
Dividend yield
9.16%
Beta
0.80
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Real Estate—Diversified / Real Estate |
|---|---|
| Full time employees | 28000 |
| Website | https://www.nwd.com.hk |
| Mailing address | New World Tower 30th Floor 18 Queen’s Road Central Hong Kong |
| Phone / Fax | 852 2523 1056 / 852 2810 4673 |
Dividends
Dividend yield
9.16%
Dividend amount
$1.96
Payout ratio
490.48%
5Y Avg. yield
5.77%
New World Development Company Limited paid $1.96 dividend and the ex-dividend date was 15 Mar 2023.The dividend payout ratio is 490.48%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.0017 dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
0017's forward dividend amount is $1.96 and the forward dividend yield is 9.16%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Mar 2023, following are the company executives and directors listed on New World Development Company Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Dr. Kar Shun Cheng BA, DBA(Hon), GBM, GBS, LLD(Hon), MBA | Exec. Chairman & MD | 75 | 48.7M |
| Dr. Chi-Kong Cheng J.P., JP | Exec. Vice-Chairman & CEO | 42 | 46.8M |
| Ms. Chi-Man Cheng | Exec. Director | 41 | 18.4M |
| Mr. Nam-Hoi Sitt B.A. (Hons.), B.Arch., H.K.I.A. | Sr. Director of the Project Management Department & Exec. Director | 68 | 18.5M |
| Ms. Shao-Mei Huang | Exec. Director | 53 | 23.7M |
| Ms. Wai-Han Chiu | Exec. Director | 49 | 6.3M |
| Mr. Fu Keung Lau | Chief Financial Officer | ||
| Mr. Aldous Chiu | Gen. Mang. - Investor Relations | ||
| Mr. Woon Yeo BA | Sr. Director of Sales and Marketing Department | 55 | |
| Mr. Siu-Cheung Ma J.P. | Exec. Director | 58 |
Profitability and management effectiveness
Profit margin
4.73%
Operating margin
13.78%
Return on assets
0.99%
Return on equity
1.26%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of New World Development Company Limited is and its enterprise value is .
The 0017's stocks Beta value is 0.80 making it 20% less volatile compared to HKEX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
New World Development Company Limited (HKEX:0017) Frequently Asked Questions
1. What is New World Development Company Limited's Stock Symbol?
New World Development Company Limited trades on HKEX under the ticker symbol "0017".
2. What is New World Development Company Limited's stock price today?
One share of 0017 stock can currently be purchased for approximately $21.05.
3. How can I contact New World Development Company Limited?
New World Development Company Limited's mailing address is New World Tower 30th Floor 18 Queen’s Road Central Hong Kong. The company can be reached via phone at 852 2523 1056.
4. What is New World Development Company Limited's official website?
The official website of New World Development Company Limited is https://www.nwd.com.hk.