New World Department Store China Limited (NWRLY) Research

New World Department Store China Limited (NWRLY) functions as an investment holding enterprise primarily engaged in owning and managing department stores across the People's Republic of China. Beyond its core retail operations, the company's diverse activities include property investments, running various shopping complexes, and offering both management and financial services. As of June 30, 2022, its significant presence in Mainland China comprised 19 department stores operating under the 'New World' brand, in addition to 7 department stores and malls bearing the 'Ba Li Chun Tian' name. Furthermore, it managed 5 specialized 'Love, Original, and Life' (LOL) concept shops. Established in 1993, the company maintains its headquarters in Causeway Bay, Hong Kong, and operates as a subsidiary of New World Development Company Limited.

Market snapshot

Symbol
NWRLY
Price
$0.92
Day change
0.00%
Market cap
$497.4M
P/E ratio
13.26x
52-week range
0.7902-0.9222
Sector
Consumer Cyclical
Industry
Department Stores

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