TakCheong Au - New World Executive Director

NDVLY Stock  USD 0.52  0.02  4.00%   

Director

Mr. Au TakCheong is Executive Director of New World Development Company Limited. Mr. Au is a member of the Executive Committee of the Board of Directors of the Company since 2013.
Age 64
Tenure 11 years
Phone852 2523 1056
Webhttps://www.nwd.com.hk
Au joined the Company in 1975. He is currently the Head of the Finance and Accounts and senior management of the Company and is responsible for overseeing compliance of policy and procedures in relation to accounting matters of the Group. He possesses over 40 years of experience in finance and accounting and treasury. He is also a nonexecutive director of New World Department Store China Limited, a listed public company in Hong Kong, and a director of certain subsidiaries of the Group.

New World Management Efficiency

New World's management efficiency ratios could be used to measure how well New World manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 143.04 B in total debt with debt to equity ratio (D/E) of 0.69, which is about average as compared to similar companies. New World Development has a current ratio of 1.1, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist New World until it has trouble settling it off, either with new capital or with free cash flow. So, New World's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like New World Development sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New World's use of debt, we should always consider it together with cash and equity.

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New World Development Company Limited, an investment holding company, engages in the property development and investment business in Hong Kong and internationally. New World Development Company Limited was founded in 1970 and is headquartered in Central, Hong Kong. New World operates under Real EstateDiversified classification in the United States and is traded on OTC Exchange. It employs 28000 people. New World Development [NDVLY] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

New World Development Leadership Team

Elected by the shareholders, the New World's board of directors comprises two types of representatives: New World inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New World's management team and ensure that shareholders' interests are well served. New World's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New World's outside directors are responsible for providing unbiased perspectives on the board's policies.
WaiHoi Doo, Non-Executive Vice Chairman of the Board
ChiKong Cheng, Executive Vice Chairman of the Board, Joint General Manager
Man Ki, Executive Director
Chiman Cheng, Executive Director
TakCheong Au, Executive Director
SiuCheung JP, Ex Director
NamHoi Sitt, Head of Projects (Hong Kong)
PingLeung Yeung, Independent Non-Executive Director
Guanzhan Chen, Joint General Manager, Executive Director and Member of Executive Committee
CheungBiu Liang, Independent Non-Executive Director
ShaoMei Huang, Ex Director
JP JP, Ex CEO
Wai Doo, Non-Executive Vice Chairman of the Board
Aldous Chiu, Gen Relations
Woon Yeo, Sales and Marketing director
PuiYing Lo, Owners’ Representative - Hotel Division
Woon BA, Director Department
BA DBA, Ex MD
Hau Ho, Independent Non-Executive Director
ManFung Ki, Executive Director
Karshun Cheng, Executive Chairman of the Board
LuenWai Lee, Independent Non-Executive Director
Ping Yeung, Independent Non-Executive Director
B BArch, Sr Director
Cheung Liang, Independent Non-Executive Director
ManHoi Wong, Company Secretary
Karshing Cheng, Non-Executive Director
MouSing Cha, Independent Non-Executive Director
HauHay Ho, Independent Non-Executive Director
ChiHeng Cheng, Executive Director
WaiHan Chiu, Ex Director
Fu Lau, Chief Officer

New Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is New World a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards New World in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, New World's short interest history, or implied volatility extrapolated from New World options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New World Development. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running New World's price analysis, check to measure New World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New World is operating at the current time. Most of New World's value examination focuses on studying past and present price action to predict the probability of New World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New World's price. Additionally, you may evaluate how the addition of New World to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between New World's value and its price as these two are different measures arrived at by different means. Investors typically determine if New World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.