New World Development Co (HKSE:00017) 3-Year Book Growth Rate : -0.50% (As of Dec. 2023)

View and export this data going back to 1972. Start your Free Trial

What is New World Development Co 3-Year Book Growth Rate?

New World Development Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$91.09.

During the past 12 months, New World Development Co's average Book Value per Share Growth Rate was -8.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of New World Development Co was 11.70% per year. The lowest was -16.20% per year. And the median was 2.60% per year.

Competitive Comparison of New World Development Co's 3-Year Book Growth Rate

For the Real Estate - Diversified subindustry, New World Development Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New World Development Co's 3-Year Book Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New World Development Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where New World Development Co's 3-Year Book Growth Rate falls into.

New World Development Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

New World Development Co (HKSE:00017) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

New World Development Co 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of New World Development Co's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

New World Development Co (HKSE:00017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World Development Co Ltd (HKSE:00017) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

NDVLY:USA NWWDF:USA NWDA:Germany

Address

16-18 Queen's Road, Central, 30th Floor, New World Tower, Hong Kong, HKG

Website

https://www.nwd.com.hk

New World Development, or NWD, is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns a 45% stake in NWD, which mainly engages in residential property development and investment properties of retail malls and offices in Hong Kong and mainland China. NWD also develops high-end hotels across Hong Kong, mainland China and in Southeast Asia. Additionally, NWD holds a 75% interest in New World Department Store China, which operates 24 department stores in mainland China.

New World Development Co (HKSE:00017) Headlines

No Headlines