New World Development Co Ltd
00017: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?f | LOCK|$N@ | LOCK|%& |
New World Development Earnings: Valuation Lifted by 14% on Stronger Profitability Outlook
New World Development's revenue and operating profit decreased by 50% and 18% year on year, respectively, in the first half of fiscal 2026 (ending June). While recovering property development margin lifted the firm's profitability, net gearing ratio stayed elevated at 60%.
