New World Development Company Limited (0017.HK) Stock

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, project management, retail and corporate sales, management, culture and recreation, construction, estate agency, supply chain management, property management, business and investment consultancy, accountancy 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.

New World Development Company Limited (0017.HK) stock trades at $6.88 with a market capitalization of $17.31B. The stock is valued at a price-to-earnings (P/E) ratio of -336.76, price-to-book of 0.10, price-to-sales of 0.90. Over the past 52 weeks the stock has ranged between $6.09 and $12.45, and currently trades 44.7% below its 52-week high.

On profitability, New World Development Company Limited generates a return on equity (ROE) of -6.49%, an operating margin of 9.59%, a net profit margin of -63.79%.

The balance sheet shows a debt-to-equity ratio of 0.75, a current ratio of 1.72.

0017.HK has an average daily trading volume of 5,511,636 shares, a beta of 0.99, 2.52B shares outstanding.

Official website: www.nwd.com.hk