GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World Development Co Ltd (HKSE:00017) » Definitions » Market Cap

New World Development Co (HKSE:00017) Market Cap : HK$22,951 Mil (As of May. 14, 2024)


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

What is New World Development Co Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). New World Development Co's share price for the quarter that ended in Dec. 2023 was HK$12.12. New World Development Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,517 Mil. Therefore, New World Development Co's market cap for the quarter that ended in Dec. 2023 was HK$30,501 Mil.

New World Development Co's quarterly market cap declined from Dec. 2022 (HK$55,365 Mil) to Jun. 2023 (HK$48,520 Mil) and declined from Jun. 2023 (HK$48,520 Mil) to Dec. 2023 (HK$30,501 Mil).

New World Development Co's annual market cap declined from Jun. 2021 (HK$102,586 Mil) to Jun. 2022 (HK$70,842 Mil) and declined from Jun. 2022 (HK$70,842 Mil) to Jun. 2023 (HK$48,520 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. New World Development Co's Enterprise Value for Today is HK$150,735 Mil.


New World Development Co Market Cap Historical Data

The historical data trend for New World Development Co's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New World Development Co Market Cap Chart

New World Development Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124,922.62 93,806.88 102,585.84 70,842.29 48,520.05

New World Development Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77,638.04 70,842.29 55,365.20 48,520.05 30,501.19

Competitive Comparison of New World Development Co's Market Cap

For the Real Estate - Diversified subindustry, New World Development Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New World Development Co's Market Cap distribution charts can be found below:

* The bar in red indicates where New World Development Co's Market Cap falls into.



New World Development Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

New World Development Co's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=HK$19.28*2516.6
=HK$48,520

New World Development Co's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=HK$12.12*2516.6
=HK$30,501

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


New World Development Co  (HKSE:00017) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


New World Development Co Market Cap Related Terms

Thank you for viewing the detailed overview of New World Development Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


New World Development Co (HKSE:00017) Business Description

Traded in Other Exchanges
Address
16-18 Queen's Road, Central, 30th Floor, New World Tower, Hong Kong, HKG
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