New World Development Stock Fair Value – New World Development Company Limited Short Interest Decreases 40.0% in May
June 4, 2023
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New World Development ($SEHK:00017) Company Limited (NWD) has seen a significant decrease in its short interest in May, with a 40.0% decrease according to Defense World. It is one of the largest and most diversified conglomerates in the region, with businesses including property development, infrastructure and services, retail and apparel, financial services, hotel and catering services, and department store and electronics retailing. NWD also has a presence in mainland China, Macau and Taiwan. In addition to its real estate development portfolio, NWD owns several iconic landmarks in Hong Kong such as The Center and Times Square.
The company has also diversified into other areas such as healthcare and elderly services, education and technology. NWD is committed to influence the future of urban development in Greater China through innovative technologies and sustainability initiatives.
Analysis – New World Development Stock Fair Value
GoodWhale has conducted an in-depth analysis of the wellbeing of NEW WORLD DEVELOPMENT. Our proprietary Valuation Line indicates that the fair value of NEW WORLD DEVELOPMENT’s stock is around HK$28.3. This means that the stock is currently trading at HK$19.0, which is a 32.9% undervaluation from the fair value. This provides a great opportunity for investors to buy into the stock and benefit from the potential upside. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for New World Development. More…
| Total Revenues | Net Income | Net Margin |
| 72.83k | 1.04k | 7.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for New World Development. More…
| Operations | Investing | Financing |
| 18.31k | -5.99k | -5.79k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for New World Development. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 621.89k | 346.5k | 103.7 |
Key Ratios Snapshot
Some of the financial key ratios for New World Development are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.7% | -19.6% | 15.6% |
| FCF Margin | ROE | ROA |
| 25.1% | 2.8% | 1.1% |
Peers
The company has been a leader in the Hong Kong property sector for decades and is one of the largest players in the market. It offers an impressive portfolio of products and services, ranging from commercial and residential properties to infrastructure and hospitality, making it a top choice for both buyers and investors alike.
– Hang Lung Group Ltd ($SEHK:00010)
Hang Lung Group Ltd is a Hong Kong-based real estate developer and investor. The company specializes in developing and managing properties in mainland China and Hong Kong, as well as owning and operating commercial properties in Hong Kong. As of 2022, Hang Lung Group Ltd has a market cap of 19.97B and a Return on Equity of 4.63%. This indicates that the company has been successful in generating returns from its investments, and has been able to grow its assets over time. Furthermore, the size of its market cap is large, suggesting that it has been successful in building a strong brand and strong customer base.
– Hang Lung Properties Ltd ($SEHK:00101)
Hang Lung Properties Ltd is a leading real estate developer in the Hong Kong market. The company specializes in the development and management of properties in the commercial, retail, and residential sectors. With a market cap of 67.48B as of 2022, Hang Lung Properties Ltd is well-positioned to capitalize on the growing real estate market in Hong Kong. The company also has a Return on Equity of 2.92%, which is a measure of how efficiently the company is utilizing its equity base to generate profits. This strong ROE indicates that Hang Lung Properties Ltd is well-managed and has a strong financial foundation.
– Henderson Land Development Co Ltd ($SEHK:00012)
Henderson Land Development Co Ltd is a leading Hong Kong-based property developer and investor. Founded in 1976, the company is one of the largest property developers in the region and is publicly traded on the Hong Kong Stock Exchange. As of 2022, Henderson Land Development Co Ltd has a market capitalization of 128.29 billion, making it one of the largest companies on the Hong Kong Stock Exchange. Additionally, its Return on Equity (ROE) is 2.69%, indicating that it is a profitable company. Henderson Land Development Co Ltd operates primarily in Hong Kong, as well as Mainland China and Macau. The company specializes in the development of high-end residential and commercial properties, as well as retail and hospitality projects.
Summary
New World Development Company Limited (NWD) reported a 40% decrease in its short interest in May. This indicates decreased bearish sentiment towards the stock, as short sellers are reducing their bets that the stock will decrease in value. The decrease in short interest could be due to positive market sentiment towards NWD, as investors are becoming more optimistic and are moving away from betting against the stock.
Analysts will be monitoring changes in NWD’s short interest to see if this trend continues, as it could signal an increase in investor confidence. NWD’s fundamentals should also be watched closely, as any improvement could further boost investor sentiment.
