New World China Land Limited ("NWCL"; Stock Code: 00917) is the flagship Mainland China property arm of the Hong Kong-listed New World Development Company Limited (Stock Code: 00017) and is one of the leading large-scale national developers in Mainland China with total assets of HK$134.4 billion. NWCL has been active in the Mainland China property market since the early 1980s and listed in the Hong Kong Stock Exchange since July 1999, and it is a constituent stock of Morgan Stanley Capital International (MSCI) China Index. Our development portfolio comprises 30 major projects spanning 24 regions. We develop property project for sale, manage investment property, and operate resort and hotel projects. Property projects encompass residential estate, serviced apartment, villa, office, shopping centre, mixed-use comprehensive building, hotel and resort. We undertake urban redevelopment projects in the old city centre of Beijing, Tianjin and Jinan; develop landmark commercial complexes in Beijing, Shanghai, Wuhan, Tianjin and Dalian, and large-scale residential communities in Shenyang, Wuhan, Guangzhou, Chengdu, Changsha and Guiyang; and we operate top-notch resort facilities in Haikou and the Pearl River Delta.
Metrics to compare | 0917 | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship Relationship0917PeersSector | |
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P/E Ratio | −9.2x | −2.4x | 5.3x | |
PEG Ratio | - | 0.02 | 0.01 | |
Price/Book | 12.1x | 3.0x | 1.8x | |
Price / LTM Sales | 14.2x | 2.2x | 1.3x | |
Upside (Analyst Target) | - | 228.5% | 27.5% | |
Fair Value Upside | Unlock | −14.1% | 14.2% | Unlock |