New World Development Co Ltd - Company Profile
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New World Development Co Ltd (NWD) is a diversified real estate company. It is engaged in property development, property investment, and strategic operations primarily in China. The company's key products and services include residential and commercial property development, property investment, and hotel operations. It also operates department stores in China and branded department stores and shopping malls in Shanghai. Its products and services cater to a diverse range of customers, including residential buyers, commercial tenants, and hotel guests, across various industries such as real estate and hospitality. The company has a significant presence in Hong Kong and China, focusing on the Greater Bay Area as a key target market. NWD is headquartered in Hong Kong.
Headquarters
Hong Kong
Address
30/F, New World Tower, 18 Queen's Road Central, Hong Kong City
Website
www.nwd.com.hk
Telephone
852 25231056
No of Employees
10,000
Industry
Construction
Ticker Symbol & Exchange
17 (HKG)
Revenue (2025)
$3.5B
-22.6%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
13.9%
(2025 vs 2024)
Market Cap*
$3.1B
Net Profit Margin (2025)
XYZ
-11.4%
(2025 vs 2024)
* As of and is in US$
New World Development Co Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Property Development: |
| Residential Properties |
| Commercial Complexes |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In March, the company and China Merchants Shekou partnered to launch the first PAVILIA COLLECTION commercial-residential project in the Northern Metropolis. |
| 2024 | Stake Sale | In November, the company sold its stake in the sports infrastructure project to Chow Tai Fook Enterprises. |
| 2024 | Contracts/Agreements | In May, the company entered into an agreement with Shum Yip Group to build a technology zone in the Northern Metropolis. |
Competitor Comparison
| Key Parameters | New World Development Co Ltd | Jardine Matheson Holdings Ltd | Henderson Land Development Co Ltd | Hang Lung Group Ltd | New Century Real Estate Investment Trust |
|---|---|---|---|---|---|
| Headquarters | Hong Kong | Hong Kong | Hong Kong | Hong Kong | Hong Kong |
| City | Hong Kong City | Hong Kong City | Hong Kong | Hong Kong | Hong Kong City |
| No. of Employees | 10,000 | 443,000 | 9,997 | 3,934 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Cheng Kar-Shun | Chairman | Executive Board | 2012 | 78 |
| Huang Shaomei | Director; Chief Executive Officer | Executive Board | 2024 | 56 |
| Lau Fu-Keung | Director; Secretary; Chief Financial Officer | Executive Board | 2025 | 46 |
| Cheng Chi-Man | Executive Director-Hotel Projects | Senior Management | 2012 | 44 |
| Doo Wai-Hoi, William | Vice Chairman | Non Executive Board | 2013 | 81 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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