New World Development (17) Stock Overview
An investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
17 Community Fair Values
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Analyst Price Targets
New World Development Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$8.27 |
| 52 Week High | HK$12.45 |
| 52 Week Low | HK$4.28 |
| Beta | 0.99 |
| 1 Month Change | -2.93% |
| 3 Month Change | -13.58% |
| 1 Year Change | 84.60% |
| 3 Year Change | -57.76% |
| 5 Year Change | -80.05% |
| Change since IPO | -81.20% |
Recent News & Updates
Narrative Update • May 05
17: Long Term Hotel Agreements And Lease Renewal Will Anchor Future P/E Expectations
Analysts have adjusted their price target for New World Development to HK$8.33, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E that are broadly consistent with prior estimates. What's in the News New World Development entered into a 2026 Master Hotel Leasing Agreement with Chow Tai Fook Enterprises, a 15 year term from July 1, 2026 to June 30, 2041, replacing the 2017 agreement once the new arrangement takes effect (Client Announcements).Narrative Update • Apr 21
17: Lease Renewal And Interim Dividend Timing Will Shape Future P/E Expectations
Analysts have kept their HK$ fair value and key valuation drivers for New World Development broadly unchanged. This reflects a steady view on the discount rate, revenue growth, profit margin and future P/E, even though recent research offers limited new catalysts for a fresh price target shift.Narrative Update • Apr 07
17: Lease Renewal And Interim Dividend Decision Will Shape Future P/E Outlook
Analysts have trimmed their HK$ price target for New World Development by about HK$0.24, citing updated fair value estimates and a slightly lower forward P/E assumption, while keeping core growth and margin inputs broadly unchanged. What's in the News Chow Tai Fook Jewellery Group plans to renew its Master Leasing and Licensing Agreement with New World Development for an additional three years, from the renewal date to 30 June 2029, subject to Listing Rules compliance and termination rights under the agreement (company announcement).Narrative Update • Mar 23
17: Interim Results And Dividend Decision Will Guide Future P/E Expectations
Analysts have reduced their fair value estimate for New World Development by around HK$0.20. This reflects slightly more conservative assumptions on margins and future P/E, while other key inputs remain broadly unchanged.Recent updates
Narrative Update • May 05
17: Long Term Hotel Agreements And Lease Renewal Will Anchor Future P/E Expectations
Analysts have adjusted their price target for New World Development to HK$8.33, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E that are broadly consistent with prior estimates. What's in the News New World Development entered into a 2026 Master Hotel Leasing Agreement with Chow Tai Fook Enterprises, a 15 year term from July 1, 2026 to June 30, 2041, replacing the 2017 agreement once the new arrangement takes effect (Client Announcements).Narrative Update • Apr 21
17: Lease Renewal And Interim Dividend Timing Will Shape Future P/E Expectations
Analysts have kept their HK$ fair value and key valuation drivers for New World Development broadly unchanged. This reflects a steady view on the discount rate, revenue growth, profit margin and future P/E, even though recent research offers limited new catalysts for a fresh price target shift.Narrative Update • Apr 07
17: Lease Renewal And Interim Dividend Decision Will Shape Future P/E Outlook
Analysts have trimmed their HK$ price target for New World Development by about HK$0.24, citing updated fair value estimates and a slightly lower forward P/E assumption, while keeping core growth and margin inputs broadly unchanged. What's in the News Chow Tai Fook Jewellery Group plans to renew its Master Leasing and Licensing Agreement with New World Development for an additional three years, from the renewal date to 30 June 2029, subject to Listing Rules compliance and termination rights under the agreement (company announcement).Narrative Update • Mar 23
17: Interim Results And Dividend Decision Will Guide Future P/E Expectations
Analysts have reduced their fair value estimate for New World Development by around HK$0.20. This reflects slightly more conservative assumptions on margins and future P/E, while other key inputs remain broadly unchanged.Narrative Update • Mar 07
17: Higher P/E Assumptions And Interim Dividend Review Will Shape Future Returns
Analysts have lifted their HK$ fair value estimate for New World Development from HK$6.88 to HK$8.77, citing updated assumptions around revenue growth, profit margins and future P/E expectations. What's in the News A board meeting is scheduled for February 27, 2026, to review interim results for the six months ended December 31, 2025 (Key Developments).Narrative Update • Feb 21
17: Higher P/E Assumptions Will Continue To Pressure Future Return Potential
Analysts have raised their fair value estimate for New World Development by HK$0.50 to HK$6.88, citing updated assumptions around future revenue trends, profit margins and a higher projected forward P/E multiple. What's in the News A board meeting is scheduled for February 27, 2026, to review interim results for the six months ended December 31, 2025.Narrative Update • Feb 05
17: Higher Assumed P/E Multiple Will Continue To Restrain Future Returns
Analysts have lifted their fair value estimate for New World Development from $6.01 to $6.38 as they factor in a slightly lower discount rate, a modestly higher future P/E multiple, and updated assumptions for revenue growth and profit margins. Valuation Changes Fair Value Estimate adjusted from HK$6.01 to HK$6.38, indicating a modest uplift in the assessed equity value per share.Narrative Update • Jan 22
17: Elevated Discount Rate And Rich P/E Will Restrain Future Returns
Analysts have nudged their fair value estimate for New World Development higher from HK$5.36 to HK$6.01, citing updated assumptions around revenue growth, profit margins and future P/E levels. Valuation Changes Fair Value Estimate raised from HK$5.36 to HK$6.01, reflecting a modest uplift in the assessed equity value per share.Narrative Update • Jan 06
17: Persistently High 13.02% Discount Rate Will Pressure Profit Margins
Analysts have trimmed their price target on New World Development, citing slightly adjusted assumptions for profit margins and future P/E. These changes together point to a more measured view of the company’s earnings power.Narrative Update • Dec 16
17: Persistently High 13.02% Discount Rate Will Pressure Profit Margins
Analysts have slightly raised their price target for New World Development to HK$5.36, citing largely unchanged assumptions for discount rate, revenue growth, profit margin, and future P E multiples that continue to support a modest valuation uptick. Valuation Changes Fair Value Estimate remained unchanged at approximately HK$5.36 per share, indicating no material revision to the intrinsic valuation.Narrative Update • Nov 30
17: Persistently High 13.02% Discount Rate Will Pressure Profit Margins
Analysts have slightly raised their price target for New World Development, now valuing the company at $5.36 per share. They attribute the minor adjustment to stable margin expectations and a consistent outlook on key financial metrics.Narrative Update • Nov 16
17: Discount Rate Increase Will Likely Weigh On Future Performance
Analysts have slightly increased their price target for New World Development, raising it to $5.36. The revision reflects adjustments to the discount rate, while growth and profit margin assumptions remain stable.Narrative Update • Nov 01
17: Marginal Profit Margin Improvement Will Not Offset Elevated Risk Ahead
Analysts have maintained their price target for New World Development at HK$5.36, citing stable projections for revenue growth and profit margin as the basis for this unchanged outlook. What's in the News A board meeting is scheduled for September 26, 2025, to approve the release of final results for the year ended June 30, 2025, and to consider the recommendation of a final dividend, if any (Key Developments).Narrative Update • Oct 18
High Leverage And Policy Easing Will Shape Future Markets
Analysts have maintained the price target for New World Development at $5.36. They note continued stability in revenue growth and profit margin projections as the main rationale for this unchanged outlook.Narrative Update • Oct 03
High Leverage And Policy Easing Will Shape Future Markets
New World Development’s analyst fair value estimate has increased from $4.77 to $5.36. This change reflects analysts’ updated views on company fundamentals and future prospects.Analysis Article • Oct 01
Time To Worry? Analysts Are Downgrading Their New World Development Company Limited (HKG:17) Outlook
The latest analyst coverage could presage a bad day for New World Development Company Limited ( HKG:17 ), with the...Analysis Article • Sep 29
Earnings Update: New World Development Company Limited (HKG:17) Just Reported And Analysts Are Trimming Their Forecasts
New World Development Company Limited ( HKG:17 ) just released its latest yearly report and things are not looking...Narrative Update • Sep 18
High Leverage And Policy Easing Will Shape Future Markets
A substantial improvement in net profit margin and a sharply lower future P/E ratio signal strengthened earnings potential and valuation appeal for New World Development, underpinning the modest increase in the consensus price target from HK$4.57 to HK$4.77. What's in the News Board meeting scheduled to approve full-year results and consider a final dividend.Analysis Article • Aug 11
New World Development Company Limited (HKG:17) Looks Just Right With A 28% Price Jump
SEHK:17 1 Year Share Price vs Fair Value Explore New World Development's Fair Values from the Community and select...Analysis Article • Aug 07
Is New World Development Company Limited (HKG:17) Trading At A 46% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, New World Development fair value estimate is HK$13.18 New...New Narrative • Aug 01
High Leverage And Policy Easing Will Shape Future Markets
Heavy debt burden, asset sales, and market uncertainties threaten sustainable profitability and future earnings improvement amid persistent macroeconomic and demographic headwinds.Analysis Article • Jun 26
Why Investors Shouldn't Be Surprised By New World Development Company Limited's (HKG:17) 28% Share Price Surge
New World Development Company Limited ( HKG:17 ) shares have had a really impressive month, gaining 28% after a shaky...Analysis Article • Apr 11
Here's Why New World Development (HKG:17) Is Weighed Down By Its Debt Load
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Mar 06
Investors Appear Satisfied With New World Development Company Limited's (HKG:17) Prospects As Shares Rocket 30%
New World Development Company Limited ( HKG:17 ) shareholders are no doubt pleased to see that the share price has...Analysis Article • Dec 18
Risks Still Elevated At These Prices As New World Development Company Limited (HKG:17) Shares Dive 26%
New World Development Company Limited ( HKG:17 ) shareholders that were waiting for something to happen have been dealt...Analysis Article • Oct 02
There's Reason For Concern Over New World Development Company Limited's (HKG:17) Massive 55% Price Jump
New World Development Company Limited ( HKG:17 ) shares have had a really impressive month, gaining 55% after a shaky...Analysis Article • Jun 21
Some Confidence Is Lacking In New World Development Company Limited (HKG:17) As Shares Slide 27%
New World Development Company Limited ( HKG:17 ) shares have had a horrible month, losing 27% after a relatively good...Analysis Article • Apr 23
What New World Development Company Limited's (HKG:17) P/S Is Not Telling You
It's not a stretch to say that New World Development Company Limited's ( HKG:17 ) price-to-sales (or "P/S") ratio of...Analysis Article • Apr 01
Investors Shouldn't Be Too Comfortable With New World Development's (HKG:17) Earnings
Despite posting some strong earnings, the market for New World Development Company Limited's ( HKG:17 ) stock hasn't...Analysis Article • Mar 26
These 4 Measures Indicate That New World Development (HKG:17) Is Using Debt Extensively
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Mar 03
New World Development (HKG:17) Will Pay A Smaller Dividend Than Last Year
New World Development Company Limited's ( HKG:17 ) dividend is being reduced from last year's payment covering the same...Analysis Article • Jan 20
New World Development Company Limited's (HKG:17) Popularity With Investors Is Clear
When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") below 8x, you may consider New...Analysis Article • Oct 26
The New World Development Company Limited (HKG:17) Analysts Have Been Trimming Their Sales Forecasts
The latest analyst coverage could presage a bad day for New World Development Company Limited ( HKG:17 ), with the...Analysis Article • Oct 10
Is New World Development (HKG:17) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Sep 18
At HK$15.80, Is New World Development Company Limited (HKG:17) Worth Looking At Closely?
While New World Development Company Limited ( HKG:17 ) might not be the most widely known stock at the moment, it...Shareholder Returns
| 17 | HK Real Estate | HK Market | |
|---|---|---|---|
| 7D | -3.8% | -3.4% | -1.6% |
| 1Y | 84.6% | 22.7% | 10.4% |
Return vs Industry: 17 exceeded the Hong Kong Real Estate industry which returned 22.7% over the past year.
Return vs Market: 17 exceeded the Hong Kong Market which returned 10.4% over the past year.
Price Volatility
| 17 volatility | |
|---|---|
| 17 Average Weekly Movement | 6.4% |
| Real Estate Industry Average Movement | 6.1% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in HK Market | 15.6% |
| 10% least volatile stocks in HK Market | 3.6% |
Stable Share Price: 17 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 17's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1970 | 9,500 | Echo Huang | www.nwd.com.hk |
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.
New World Development Company Limited Fundamentals Summary
| 17 fundamental statistics | |
|---|---|
| Market cap | HK$20.69b |
| Earnings (TTM) | -HK$14.27b |
| Revenue (TTM) | HK$19.28b |
1.1x
P/S Ratio-1.5x
P/E RatioIs 17 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 17 income statement (TTM) | |
|---|---|
| Revenue | HK$19.28b |
| Cost of Revenue | HK$13.25b |
| Gross Profit | HK$6.04b |
| Other Expenses | HK$20.31b |
| Earnings | -HK$14.27b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -5.67 |
| Gross Margin | 31.30% |
| Net Profit Margin | -74.00% |
| Debt/Equity Ratio | 72.8% |
How did 17 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/01 15:48 |
| End of Day Share Price | 2026/06/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
New World Development Company Limited is covered by 26 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Lawrence | Barclays |
| Kwok Yi Louie | Barclays |
| Fan Tso | BofA Global Research |