Chiman Cheng - New World Executive Director

NDVLY Stock  USD 0.44  0.03  6.38%   

Director

Ms. Cheng ChiMan is Executive Director of New World Development Company Limited. Ms. Cheng is a member of the Executive Committee of the Board of Directors of the Company. She currently oversees the hotel division and the project management division of the Group. She is an executive director of New World China Land Limited, a listed public company in Hong Kong until its delisting on 4 August 2016, and a director of certain subsidiaries of the Group. Before joining the Group in 2008, Ms. Cheng worked in a major international investment bank and a global US private equity firm specialising in real estate investments. Ms. Cheng holds a Bachelor of Arts Degree with a concentration in Applied Mathematics from Harvard University in the U.S.A.. Ms. Cheng is the chief executive officer of Rosewood Hotel Group, chairman of the advisory committee of the School of Hotel and Tourism Management at The Chinese University of Hong Kong and member of the advisory committee of the School of Hotel Tourism Management Industry at The Hong Kong Polytechnic University. She is a member of the Y. Elites Association, the Young Presidents Organization, the Hong Kong United Youth Association and the Eleventh Guizhou Municipal Committee of The Chinese Peoples Political Consultative Conference, and a nonofficial member of the Family Council and the Advisory Committee on Gifted Education. since 2012.
Age 42
Tenure 12 years
Phone852 2523 1056
Webhttps://www.nwd.com.hk

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.
New World Development 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.
BA DBA, Ex MD
ShaoMei Huang, Ex Director
JP JP, Ex CEO
Aldous Chiu, Gen Relations
Chiman Cheng, Executive Director
ChiHeng Cheng, Executive Director
SiuCheung JP, Ex Director
WaiHan Chiu, Ex Director
Fu Lau, Chief Officer
B BArch, Sr Director
Woon BA, Director Department

New Stock Performance Indicators

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