Business description: New World Development Company Limited

New World Development Co Ltd is an investment holding company mainly engaged in the property development. The Company operates its business through eight segments. The Property Development segment engages in the construction of the residential units, including MOUNT PAVILIA, The Masterpiece, FLEUR PAVILIA and the Double Cove series, among others. The Construction segment constructs commercial and residential projects, and government and institutional related projects. The Insurance segment sells life insurance and medical insurance products. The Property Investment segment engages in the property investment, its property investment portfolio includes commercial buildings and offices. The Roads segment operates toll roads and expressways. The Hotel Operations segment operates hotel business in China and Southeast Asia. The Aviation segment engages in commercial aircraft leasing business. The Other segment is engaged in facility management and free duty business.

Number of employees: 10,500

Sales by Activity: New World Development Company Limited

Fiscal Period: June20202021202220232024

Property Development

19.21B 22.58B 18.73B 27.31B 16.27B

Construction

24.83B 30.12B 33.9B 39.52B 9.48B

Property Investment

4.52B 4.89B 5.03B 5.13B 5.27B

Others

9.45B 5.73B 4.53B 6.18B 4.38B

Hotel Operations

1.21B 808M 824M 1.09B 1.38B

Inter-Segment

-8.47B -8.57B -9.89B -7.74B -990M

Insurance

6.18B 9.64B 12.37B 20.99B -

Roads

2.07B 3.03B 2.72B 2.73B -
See all business segments

Geographical breakdown of sales: New World Development Company Limited

Fiscal Period: June20202021202220232024

Mainland China

21.98B 24.07B 20.04B 18.55B 18.82B

Hong Kong

36.58B 44.12B 48.01B 76.33B 16.57B

Others

452M 42.4M 165M 339M 400M
See all geographic segments

Executive Committee: New World Development Company Limited

Manager TitleAgeSince
Chief Executive Officer 56 2024-11-28
Director of Finance/CFO 44 2020-05-31
Corporate Secretary - 2025-04-30
Corporate Officer/Principal 37 2016-02-29
Corporate Officer/Principal 44 2019-03-31
See NEW WORLD DEVELOPMENT COMPANY LIMITED governance

Composition of the Board of Directors: New World Development Company Limited

Director TitleAgeSince
Director/Board Member 72 1994-09-30
Chairman 78 2012-02-29
Director/Board Member 76 2004-07-31
Director/Board Member 48 2010-05-31
Director/Board Member 43 2012-02-29
Director/Board Member 80 2013-06-30
Director/Board Member 71 2018-05-31
Director/Board Member 73 2018-05-31
Director/Board Member 56 2020-04-30
Director/Board Member 54 2020-04-30
Composition of the Board of Directors

Shareholders: New World Development Company Limited

NameEquities%Valuation
Cheng Yu Tung Family Ltd.
45.33 %
1,140,728,609 45.33 % 828 M $
BlackRock Fund Advisors
1.119 %
28,152,749 1.119 % 20 M $
JPMorgan Asset Management (China) Co Ltd.
0.6369 %
16,029,000 0.6369 % 12 M $
BlackRock Advisors (UK) Ltd.
0.4315 %
10,858,506 0.4315 % 8 M $
BlackRock Investment Management (UK) Ltd.
0.3645 %
9,174,179 0.3645 % 7 M $
NameEquities%Valuation
RiverFront Investment Group LLC
0.002122 %
106,817 0.002122 % 38 775 $
List of NEW WORLD DEVELOPMENT COMPANY LIMITED shareholders

Holdings: New World Development Company Limited

NameEquities%Valuation
1,218,900,000 72.29% 40,369,968 $
3,750,000 15% 29,617,838 $

Company details: New World Development Company Limited

New World Development Co. Ltd.

30/F, New World Tower 18 Queen's Road Central

, Hong Kong

+852 2523 1056

http://www.nwd.com.hk
address New World Development Company Limited(17)

Group companies: New World Development Company Limited

NameCategory and Sector
NWS Holdings (Finance) Ltd.
New World Strategic Investment Ltd. (British Virgin Islands)
K11 Investment Co. Ltd.
NWD MTN Ltd.
Finance/Rental/Leasing
Regional Banks
See all subsidiaries

Other Real Estate Development & Operations

Change 5d. change 1-year change 3-years change Capi.($)
-2.46%+0.91%-30.36%-79.48% 1.78B
+1.43%+1.79%+75.31%+173.08% 34.17B
+1.18%-3.39%+23.96%-3.39% 33.13B
-0.82%-1.62%+6.11%-50.37% 33.1B
-2.16%+6.90%+5.94%-17.85% 26.75B
-0.07%-0.22%-10.54%+44.71% 25.87B
-1.98%-2.50%-0.80%+135.03% 23.51B
+0.22%+1.19%+2.83%+39.89% 22.88B
+2.39%+4.67%+42.51%+112.16% 20.16B
-1.57%+2.84%-1.01%-42.67% 19.19B
Average -0.38%+0.26%+11.39%+31.11% 24.05B
Weighted average by Cap. -0.11%+0.12%+17.81%+42.41%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
BBB
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
16
Last Close Price
5.550HKD
Average target price
4.493HKD
Spread / Average Target
-19.04%
Consensus

Quarterly revenue - Rate of surprise

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