New World Development Company Limited

HKSE 0017.HK

New World Development Company Limited Return on Equity (ROE) for the year ending June 30, 2024: -6.35%

New World Development Company Limited Return on Equity (ROE) is -6.35% for the year ending June 30, 2024, a -1,482.66% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • New World Development Company Limited Return on Equity (ROE) for the year ending June 30, 2023 was 0.46%, a -21.52% change year over year.
  • New World Development Company Limited Return on Equity (ROE) for the year ending June 30, 2022 was 0.59%, a 13.55% change year over year.
  • New World Development Company Limited Return on Equity (ROE) for the year ending June 30, 2021 was 0.52%, a 0.20% change year over year.
  • New World Development Company Limited Return on Equity (ROE) for the year ending June 30, 2020 was 0.51%, a -93.93% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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HKSE: 0017.HK

New World Development Company Limited

CEO Ms. Shao-Mei Huang
IPO Date Nov. 23, 1972
Location Hong Kong
Headquarters New World Tower
Employees 11,000
Sector Finance
Industries
Description

New World Development Company Limited, an investment holding company, engages in the property development and investment business in Hong Kong and internationally. Its property portfolio comprises 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; development and operation of sports park; operation of household goods shop and convenience store; sale of LED lighting products and systems; and trading of telecommunication system integration products. 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 and media related, business and investment consultancy, franchised and non-franchised bus, 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 and nursing care services. As of June 30, 2021, the company had a total of 18 hotel properties with approximately 7,503 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.

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StockViz Staff

January 15, 2025

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