About
About New World Development Company Limited
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 is also involved in the loyalty program, fashion retailing and trading, and land development businesses; and development and operation of sports park. In addition, it operates club houses, golf and tennis academies, and shopping malls; constructs and operates Skycity complex; and operates department stores. Further, the company offers information technology, training course, ticketing, financial, bond issuer, project management, retail and corporate sales, management, culture and recreation, construction, estate agency, supply chain management, property management, business and investment consultancy, accountancy, general management, and advisory, and consultancy services. Additionally, it invests in, owns, and operates hotel properties. New World Development Company Limited was incorporated in 1970 and is headquartered in Central, Hong Kong.
Research context
New World Development Company Limited appears in PyInvesting’s Hong Kong Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- HKD
- Sector
- Real Estate
- Industry
- Real Estate - Diversified
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
New World Development Company Limited is currently in a long term uptrend where the price is trading 3.1% above its 200 day moving average.
From a valuation standpoint, the stock is 71.0% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 1.7.
New World Development Company Limited's total revenue rose by 9.6% to $36B since the same quarter in the previous year.
Its net income has increased by 14.6% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 77.2% to $-3B since the same quarter in the previous year.
Based on the above factors, New World Development Company Limited gets an overall score of 5/5.