CK Infrastructure Holdings (SEHK:1038) - Stock Price, News & Analysis

1038 Stock Overview

An infrastructure company, develops, invests in, operates, and commercializes infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

About the company

1038 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	4/6
Financial Health	2/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (16.9x) is below the Electric Utilities industry average (17.7x)

Earnings are forecast to grow 5.93% per year

Earnings grew by 6.9% over the past year

Risk Analysis

Dividend of 4.73% is not well covered by free cash flows

CK Infrastructure Holdings Limited Competitors

Power Assets Holdings

SEHK:6

HK$110.4b

CLP Holdings

SEHK:2

HK$168.9b

HK Electric Investments and HK Electric Investments

SEHK:2638

HK$47.0b

Sichuan Energy Investment Development

SEHK:1713

HK$2.3b

Price History & Performance

Summary of all time highs, changes and price drops for CK Infrastructure Holdings
Historical stock prices
Current Share Price	HK$54.35
52 Week High	HK$58.80
52 Week Low	HK$35.90
Beta	0.89
11 Month Change	2.16%
3 Month Change	1.40%
1 Year Change	49.11%
33 Year Change	17.26%
5 Year Change	-3.81%
Change since IPO	329.64%

Recent updates

Is Now The Time To Look At Buying CK Infrastructure Holdings Limited (HKG:1038)?

Nov 07

Does CK Infrastructure Holdings (HKG:1038) Have A Healthy Balance Sheet?

Sep 26

CK Infrastructure Holdings' (HKG:1038) Dividend Will Be Increased To HK$0.71

Aug 28

Slowing Rates Of Return At CK Infrastructure Holdings (HKG:1038) Leave Little Room For Excitement

Aug 27

CK Infrastructure Holdings (HKG:1038) Is Paying Out A Larger Dividend Than Last Year

Aug 04

Estimating The Intrinsic Value Of CK Infrastructure Holdings Limited (HKG:1038)

Aug 03

What Does CK Infrastructure Holdings Limited's (HKG:1038) Share Price Indicate?

Jun 29

Why CK Infrastructure Holdings Limited (HKG:1038) Could Be Worth Watching

Mar 12

When Should You Buy CK Infrastructure Holdings Limited (HKG:1038)?

Nov 26

What Does CK Infrastructure Holdings Limited's (HKG:1038) Share Price Indicate?

Apr 28

Are Investors Undervaluing CK Infrastructure Holdings Limited (HKG:1038) By 33%?

Mar 02

Returns On Capital At CK Infrastructure Holdings (HKG:1038) Have Stalled

Jan 25

Should You Investigate CK Infrastructure Holdings Limited (HKG:1038) At HK$48.85?

Jan 10

An Intrinsic Calculation For CK Infrastructure Holdings Limited (HKG:1038) Suggests It's 35% Undervalued

Nov 29

Here's Why CK Infrastructure Holdings (HKG:1038) Can Manage Its Debt Responsibly

Nov 16

Slowing Rates Of Return At CK Infrastructure Holdings (HKG:1038) Leave Little Room For Excitement

Oct 20

Is It Too Late To Consider Buying CK Infrastructure Holdings Limited (HKG:1038)?

Oct 07

CK Infrastructure Holdings' (HKG:1038) Upcoming Dividend Will Be Larger Than Last Year's

Aug 20

An Intrinsic Calculation For CK Infrastructure Holdings Limited (HKG:1038) Suggests It's 22% Undervalued

Aug 19

CK Infrastructure Holdings (HKG:1038) Is Increasing Its Dividend To HK$0.69

Aug 06

Here's Why CK Infrastructure Holdings (HKG:1038) Can Manage Its Debt Responsibly

Aug 05

Return Trends At CK Infrastructure Holdings (HKG:1038) Aren't Appealing

Jul 21

Is There Now An Opportunity In CK Infrastructure Holdings Limited (HKG:1038)?

Jul 06

Estimating The Intrinsic Value Of CK Infrastructure Holdings Limited (HKG:1038)

May 07

Is CK Infrastructure Holdings Limited (HKG:1038) A Strong Dividend Stock?

Apr 25

CK Infrastructure Holdings (HKG:1038) Has Some Way To Go To Become A Multi-Bagger

Apr 13

These 4 Measures Indicate That CK Infrastructure Holdings (HKG:1038) Is Using Debt Extensively

Apr 01

Is There Now An Opportunity In CK Infrastructure Holdings Limited (HKG:1038)?

Mar 19

What You Need To Know About CK Infrastructure Holdings Limited's (HKG:1038) Investor Composition

Feb 05

Does CK Infrastructure Holdings's (HKG:1038) Statutory Profit Adequately Reflect Its Underlying Profit?

Dec 16

Shareholder Returns

	1038	HK Electric Utilities	HK Market
7D	-0.7%	-0.2%	-0.3%
1Y	49.1%	31.3%	18.4%

Return vs Industry: 1038 exceeded the Hong Kong Electric Utilities industry which returned 31.3% over the past year.

Return vs Market: 1038 exceeded the Hong Kong Market which returned 18.4% over the past year.

Price Volatility

Is 1038's price volatile compared to industry and market?
1038 volatility
1038 Average Weekly Movement	3.2%
Electric Utilities Industry Average Movement	3.1%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	18.9%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 1038 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1038's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	2,408	Hing Lam Kam	www.cki.com.hk

CK Infrastructure Holdings Limited, an infrastructure company, develops, invests in, operates, and commercializes infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States. The company invests in energy infrastructure, transportation infrastructure, water infrastructure, waste management, waste-to-energy, household infrastructure, and infrastructure related businesses. It is also involved in the production and laying of asphalt; manufacture, distribution, and sale of cement; and property investment and project management activities.

CK Infrastructure Holdings Limited Fundamentals Summary

How do CK Infrastructure Holdings's earnings and revenue compare to its market cap?
1038 fundamental statistics
Market cap	HK$138.58b
Earnings (TTM)	HK$8.10b
Revenue (TTM)	HK$6.03b

16.9x

P/E Ratio

22.7x

P/S Ratio

Is 1038 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1038 income statement (TTM)
Revenue	HK$6.03b
Cost of Revenue	HK$3.75b
Gross Profit	HK$2.28b
Other Expenses	-HK$5.82b
Earnings	HK$8.10b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.21
Gross Margin	37.83%
Net Profit Margin	134.27%
Debt/Equity Ratio	17.8%

How did 1038 perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

80%

Payout Ratio

1038 Stock Overview

Rewards

Risk Analysis

CK Infrastructure Holdings Limited Competitors

SEHK:6

HK$110.4b

SEHK:2

HK$168.9b

SEHK:2638

HK$47.0b

SEHK:1713

HK$2.3b

Price History & Performance

Recent News & Updates

Price target increased by 8.2% to HK$60.16

Upcoming dividend of HK$0.72 per share

First half 2024 earnings: EPS and revenues miss analyst expectations

First half dividend increased to HK$0.72

CK Infrastructure Holdings Limited (SEHK:1038), CK Asset Holdings Limited (SEHK:1113) and Power Assets Holdings Limited (SEHK:6) agreed to acquire 32 UK Wind Farms from Aviva Investors Global Services Ltd.

Price target increased by 9.1% to HK$59.34

Recent updates

Price target increased by 8.2% to HK$60.16

Upcoming dividend of HK$0.72 per share

First half 2024 earnings: EPS and revenues miss analyst expectations

First half dividend increased to HK$0.72

CK Infrastructure Holdings Limited (SEHK:1038), CK Asset Holdings Limited (SEHK:1113) and Power Assets Holdings Limited (SEHK:6) agreed to acquire 32 UK Wind Farms from Aviva Investors Global Services Ltd.

Price target increased by 9.1% to HK$59.34

First half 2024 earnings released: EPS: HK$1.71 (vs HK$1.68 in 1H 2023)

What Does CK Infrastructure Holdings Limited's (HKG:1038) Share Price Indicate?

CK Infrastructure Holdings Limited to Report First Half, 2024 Results on Aug 14, 2024

Upcoming dividend of HK$1.85 per share

We Like The Quality Of CK Infrastructure Holdings' (HKG:1038) Earnings

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

CK Infrastructure Holdings Limited, Annual General Meeting, May 22, 2024

Full year 2023 earnings released: EPS: HK$3.19 (vs HK$3.08 in FY 2022)

CK Infrastructure Holdings Limited Proposes Final Dividend for the Year Ended December 31, 2023, Payable on 12 June 2024

Returns On Capital At CK Infrastructure Holdings (HKG:1038) Have Hit The Brakes

CK Infrastructure Holdings Limited to Report Q4, 2023 Results on Mar 20, 2024

CK Infrastructure Holdings Limited Announces Management Changes, Effective 10th February, 2024

When Should You Buy CK Infrastructure Holdings Limited (HKG:1038)?

CK Infrastructure Holdings Limited's (HKG:1038) Share Price Not Quite Adding Up

Returns On Capital At CK Infrastructure Holdings (HKG:1038) Have Hit The Brakes

Greencoat Reportedly Eyes Deal for Toucan Energy Services

Is Now The Time To Look At Buying CK Infrastructure Holdings Limited (HKG:1038)?

Does CK Infrastructure Holdings (HKG:1038) Have A Healthy Balance Sheet?

CK Infrastructure Holdings' (HKG:1038) Dividend Will Be Increased To HK$0.71

Slowing Rates Of Return At CK Infrastructure Holdings (HKG:1038) Leave Little Room For Excitement

Upcoming dividend of HK$0.71 per share at 6.6% yield

CK Infrastructure Holdings (HKG:1038) Is Paying Out A Larger Dividend Than Last Year

Estimating The Intrinsic Value Of CK Infrastructure Holdings Limited (HKG:1038)

CK Infrastructure Holdings Limited Declares Interim Dividend for the Six Months Ended 30 June, 2023, Payable on 13 September 2023

First half 2023 earnings released: EPS: HK$1.68 (vs HK$1.75 in 1H 2022)

What Does CK Infrastructure Holdings Limited's (HKG:1038) Share Price Indicate?

CK Infrastructure Holdings Limited Announces the Cessation of Chow Woo Mo Fong, Susan as Alternate Director, Effective July 1, 2023

CK Infrastructure Holdings Limited Elects Victor T K Li as Director

Upcoming dividend of HK$1.83 per share at 5.4% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

Why CK Infrastructure Holdings Limited (HKG:1038) Could Be Worth Watching

When Should You Buy CK Infrastructure Holdings Limited (HKG:1038)?

CKI Reportedly in Hunt for Vector Metering

CK Infrastructure Holdings Limited Announces Board and Committee Changes

Upcoming dividend of HK$0.70 per share

CK Infrastructure Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable 15 September 2022

First half 2022 earnings released: EPS: HK$1.75 (vs HK$1.20 in 1H 2021)

CK Infrastructure Holdings Limited to Report First Half, 2022 Results on Aug 03, 2022

Upcoming dividend of HK$1.81 per share

What Does CK Infrastructure Holdings Limited's (HKG:1038) Share Price Indicate?

Now 20% undervalued

Full year 2021 earnings: EPS misses analyst expectations

CK Infrastructure Holdings Limited to Report Fiscal Year 2021 Results on Mar 16, 2022

Are Investors Undervaluing CK Infrastructure Holdings Limited (HKG:1038) By 33%?

Returns On Capital At CK Infrastructure Holdings (HKG:1038) Have Stalled

Should You Investigate CK Infrastructure Holdings Limited (HKG:1038) At HK$48.85?

An Intrinsic Calculation For CK Infrastructure Holdings Limited (HKG:1038) Suggests It's 35% Undervalued

Here's Why CK Infrastructure Holdings (HKG:1038) Can Manage Its Debt Responsibly

Slowing Rates Of Return At CK Infrastructure Holdings (HKG:1038) Leave Little Room For Excitement

Is It Too Late To Consider Buying CK Infrastructure Holdings Limited (HKG:1038)?

CKI Reportedly Bows Out of Competition for A Share of $4.1 Billion Pluto Train 2 Development

Upcoming dividend of HK$0.69 per share

CK Infrastructure Holdings' (HKG:1038) Upcoming Dividend Will Be Larger Than Last Year's