New World Development Co Net Income 2024

New World Development Co Net Income

3.07 B HKD

New World Development Co Dividend yield

8.13 %

Ticker

17.HK

ISIN

HK0000608585

WKN

A2P7NH

In 2024, New World Development Co's profit amounted to 3.07 B HKD, a 214.14% increase from the 976.4 M HKD profit recorded in the previous year.

The New World Development Co Net Income history

YEARNET INCOME (undefined HKD)
2030e3.21
2029e2.97
2028e2.28
2027e2.04
2026e4.06
2025e3.3
2024e3.07
20230.98
20221.25
20211.15
20201.1
201918.16
201823.34
20177.68
20168.67
201519.11
20149.73
201314.15
201210.14
20119.15
201011.61
20092.08
20089.67
20074.31
20061.06
20052.99
2004-0.98

New World Development Co Aktienanalyse

What does New World Development Co do?

New World Development Co Ltd (NWD) is a versatile conglomerate based in Hong Kong. The company was founded in 1970 by Dr. Cheng Yu-tung and has since become one of the largest and most successful real estate developers in Hong Kong and China. Its core business is property development, owning and managing a wide range of properties including residential and office buildings, shopping centers, hotels, and resorts. NWD is renowned for its high-end properties and has developed some of the most luxurious buildings in Hong Kong and China. The company also sells properties to generate additional income. In addition to real estate, NWD has invested in infrastructure, transportation, retail, and entertainment. It owns and operates various retail stores, including lifestyle markets, supermarkets, and an online shop. It also operates a shipping company, a bus company, and an entertainment company. Dr. Cheng Yu-tung, a successful businessman from Hong Kong, founded NWD in 1970 with the goal of developing high-quality properties. The first milestone was the development project "New World Centre," a multipurpose building in downtown Hong Kong. The project was a great success, and since then, the company has undertaken many more successful developments. In the 1980s and 1990s, the company expanded into China and built its platform in the region. During this time, NWD also participated in several joint ventures and eventually merged with other companies to strengthen its market position. The company has since expanded its activities to other countries such as Australia, Canada, and the United Kingdom. NWD is divided into various business divisions, including real estate development, retail, infrastructure and transportation, and entertainment. Its main products include a variety of properties, luxury brands (such as Chow Tai Fook), furnishings, and food and beverages. In conclusion, New World Development Co Ltd is a versatile conglomerate with a wide portfolio of business divisions and products. It has become one of the largest and most successful real estate developers in Hong Kong and China, and also owns a range of luxury brands. With a focus on quality and customer satisfaction, NWD has established a strong foundation for future growth and success. New World Development Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding New World Development Co's Profit Margins

The profit margins of New World Development Co represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of New World Development Co's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating New World Development Co's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

New World Development Co's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When New World Development Co’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about New World Development Co Stock

How much profit has New World Development Co made this year?

New World Development Co has made 3.07 B HKD this year.

How has the profit developed compared to last year?

The profit has increased by 214.14% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does New World Development Co publish its earnings?

New World Development Co publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of New World Development Co?

The profits of New World Development Co are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of New World Development Co?

You can learn more about the earnings of New World Development Co by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does New World Development Co pay?

Over the past 12 months, New World Development Co paid a dividend of 0.76 HKD . This corresponds to a dividend yield of about 8.13 %. For the coming 12 months, New World Development Co is expected to pay a dividend of 0.75 HKD.

What is the dividend yield of New World Development Co?

The current dividend yield of New World Development Co is 8.13 %.

When does New World Development Co pay dividends?

New World Development Co pays a quarterly dividend. This is distributed in the months of April, December, April, April.

How secure is the dividend of New World Development Co?

New World Development Co paid dividends every year for the past 27 years.

What is the dividend of New World Development Co?

For the upcoming 12 months, dividends amounting to 0.75 HKD are expected. This corresponds to a dividend yield of 8 %.

In which sector is New World Development Co located?

New World Development Co is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von New World Development Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of New World Development Co from 4/18/2024 amounting to 0.2 HKD, you needed to have the stock in your portfolio before the ex-date on 3/21/2024.

When did New World Development Co pay the last dividend?

The last dividend was paid out on 4/18/2024.

What was the dividend of New World Development Co in the year 2023?

In the year 2023, New World Development Co distributed 2.06 HKD as dividends.

In which currency does New World Development Co pay out the dividend?

The dividends of New World Development Co are distributed in HKD.

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Andere Kennzahlen von New World Development Co

Our stock analysis for New World Development Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of New World Development Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.