New World Development Company Limited

New World Development Company Limitedverified

NDVLY

Price:

$0.41

Market Cap:

$16.09B

New World Development Company Limited, an investment holding company, engages in the property development and investment business in Hong Kong and internationally. Its property portfolio comprises residential, retail, office, and industrial properties. The company also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as provides protection and savings-related life and medical insurance products. In addition, it is involved in the duty-free operation and general trading, civil engineering, loyalty program, marketing, promotion, fashion retailing and trading, and piling and ground investigation businesses; developm...[Read more]

Industry

Real Estate - Diversified

IPO Date

1996-11-18

Stock Exchange

PNK

Ticker

NDVLY

The Current Ratio as of September 2024 (TTM) for New World Development Company Limited (NDVLY) is 1.12

According to New World Development Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.12. This represents a change of 5.19% compared to the average of 1.07 of the last 4 quarters.

New World Development Company Limited (NDVLY) Historical Current Ratio (quarterly & annually)

How has NDVLY Current Ratio performed in the past?

The mean historical Current Ratio of New World Development Company Limited over the last ten years is 1.68. The current 1.12 Current Ratio has changed 6.58% with respect to the historical average. Over the past ten years (40 quarters), NDVLY's Current Ratio was at its highest in in the June 2016 quarter at 2.39. The Current Ratio was at its lowest in in the June 2023 quarter at 0.96.

Quarterly (TTM)
Annual

Average

1.68

Median

1.65

Minimum

0.96

Maximum

2.39

New World Development Company Limited (NDVLY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of New World Development Company Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 19.65%

Maximum Annual Current Ratio = 2.39

Minimum Annual Increase = -19.50%

Minimum Annual Current Ratio = 0.96

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.96-13.96%
20221.12-19.50%
20211.3916.26%
20201.19-19.46%
20191.48-18.38%
20181.82-19.29%
20172.25-5.77%
20162.3919.65%
20152.00-9.84%
20142.2114.39%

New World Development Company Limited (NDVLY) Average Current Ratio

How has NDVLY Current Ratio performed in the past?

The current Current Ratio of New World Development Company Limited (NDVLY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.16

5-year avg

1.23

10-year avg

1.68

New World Development Company Limited (NDVLY) Current Ratio vs. Peers

How is NDVLY’s Current Ratio compared to its peers?

New World Development Company Limited’s Current Ratio is greater than Henderson Land Development Company Limited (0.61), less than Sun Hung Kai Properties Limited (1.62), greater than Hang Lung Properties Limited (1.09), greater than Swire Pacific Limited (0.94), less than Sino Land Company Limited (2.32K),

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