CTF Services（NWS）株式概要CTF Services Limited は香港と中国本土を中心に有料道路、保険、物流、建設、施設管理など多角的な事業を展開するコングロマリット企業である。 詳細NWS ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長1/6過去の実績2/6財務の健全性2/6配当金3/6報酬当社が推定した公正価値より89.7%で取引されている 収益は年間13.96%増加すると予測されています 過去5年間の収益は年間21.8%増加しました。 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が29.3%上昇するだろうとほぼ一致している。 リスク分析7.54%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るNWS Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.9031.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-219m36b2016201920222025202620282031Revenue HK$29.8bEarnings HK$2.8bAdvancedSet Fair ValueView all narrativesCTF Services Limited 競合他社INDUS HoldingSymbol: XTRA:INHMarket cap: €776.7mMBBSymbol: XTRA:MBBMarket cap: €992.8mSiemensSymbol: XTRA:SIEMarket cap: €206.9bDMG MORISymbol: XTRA:GILMarket cap: €3.7b価格と性能株価の高値、安値、推移の概要CTF Services過去の株価現在の株価HK$0.9052週高値HK$1.0452週安値HK$0.71ベータ0.471ヶ月の変化2.29%3ヶ月変化-10.50%1年変化24.62%3年間の変化n/a5年間の変化10.62%IPOからの変化50.85%最新ニュースお知らせ • Feb 09CTF Services Limited to Report First Half, 2026 Results on Feb 26, 2026CTF Services Limited announced that they will report first half, 2026 results on Feb 26, 2026お知らせ • Sep 24+ 1 more updateCTF Services Limited, Annual General Meeting, Nov 18, 2025CTF Services Limited, Annual General Meeting, Nov 18, 2025.お知らせ • Sep 09CTF Services Limited to Report Fiscal Year 2025 Results on Sep 24, 2025CTF Services Limited announced that they will report fiscal year 2025 results on Sep 24, 2025お知らせ • Aug 20CTF Services Limited (SEHK:659) entered into a conditional sale and purchase agreement to acquire 65% stake in Blackhorn Wealth Management Limited.CTF Services Limited (SEHK:659) entered into a conditional sale and purchase agreement to acquire 65% stake in Blackhorn Wealth Management Limited on August 19, 2025. By integrating Blackhorn with the protection expertise of Chow Tai Fook Life Insurance Company Limited and the digital brokerage capabilities of uSmart Inlet Group Limited, CTF Services Limited is poised to deliver a seamless, one-stop financial and wealth management services platform encompassing insurance, investment banking, securities trading, financial planning, and asset management into one roof.お知らせ • Jun 13CTF Services Limited Appoints Oei Wai Chi Grace Fung as Member of the Nomination CommitteeThe board of directors of CTF Services Limited announced that, for the purpose of complying with the revised Corporate Governance Code as set out in Appendix C1 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to be effective from 1 July 2025, Mrs. Oei Wai Chi Grace Fung ("Mrs. Oei"), an independent non-executive director of the Company ("INED"), has been appointed as a member of the nomination committee of the Company (the "Nomination Committee") with effect from 11 June 2025. Mrs. Oei currently serves as an INED and is a member of the environmental, social and governance committee of the Company. The Board believes that her extensive experience, expertise, professionalism and global perspective will make valuable contributions to the diversity of the Board.お知らせ • Mar 19+ 1 more updateCTF Services Limited (SEHK:659) agreed to acquire 34.90% stake in uSmart Inlet Group Ltd from Yuk Zhi Kai Alan for approximately $100 million.CTF Services Limited (SEHK:659) agreed to acquire 34.90% stake in uSmart Inlet Group Ltd from Yuk Zhi Kai Alan for approximately $100 million on March 18, 2025. For the period ending December 31, 2024, uSmart Inlet Group Ltd reported net loss of $5.28 million. As of December 31, 2024, uSmart Inlet Group Ltd reported total common equity of $32.63 million. The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer board and consummation of due diligence investigation.最新情報をもっと見るRecent updatesお知らせ • Feb 09CTF Services Limited to Report First Half, 2026 Results on Feb 26, 2026CTF Services Limited announced that they will report first half, 2026 results on Feb 26, 2026お知らせ • Sep 24+ 1 more updateCTF Services Limited, Annual General Meeting, Nov 18, 2025CTF Services Limited, Annual General Meeting, Nov 18, 2025.お知らせ • Sep 09CTF Services Limited to Report Fiscal Year 2025 Results on Sep 24, 2025CTF Services Limited announced that they will report fiscal year 2025 results on Sep 24, 2025お知らせ • Aug 20CTF Services Limited (SEHK:659) entered into a conditional sale and purchase agreement to acquire 65% stake in Blackhorn Wealth Management Limited.CTF Services Limited (SEHK:659) entered into a conditional sale and purchase agreement to acquire 65% stake in Blackhorn Wealth Management Limited on August 19, 2025. By integrating Blackhorn with the protection expertise of Chow Tai Fook Life Insurance Company Limited and the digital brokerage capabilities of uSmart Inlet Group Limited, CTF Services Limited is poised to deliver a seamless, one-stop financial and wealth management services platform encompassing insurance, investment banking, securities trading, financial planning, and asset management into one roof.お知らせ • Jun 13CTF Services Limited Appoints Oei Wai Chi Grace Fung as Member of the Nomination CommitteeThe board of directors of CTF Services Limited announced that, for the purpose of complying with the revised Corporate Governance Code as set out in Appendix C1 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to be effective from 1 July 2025, Mrs. Oei Wai Chi Grace Fung ("Mrs. Oei"), an independent non-executive director of the Company ("INED"), has been appointed as a member of the nomination committee of the Company (the "Nomination Committee") with effect from 11 June 2025. Mrs. Oei currently serves as an INED and is a member of the environmental, social and governance committee of the Company. The Board believes that her extensive experience, expertise, professionalism and global perspective will make valuable contributions to the diversity of the Board.お知らせ • Mar 19+ 1 more updateCTF Services Limited (SEHK:659) agreed to acquire 34.90% stake in uSmart Inlet Group Ltd from Yuk Zhi Kai Alan for approximately $100 million.CTF Services Limited (SEHK:659) agreed to acquire 34.90% stake in uSmart Inlet Group Ltd from Yuk Zhi Kai Alan for approximately $100 million on March 18, 2025. For the period ending December 31, 2024, uSmart Inlet Group Ltd reported net loss of $5.28 million. As of December 31, 2024, uSmart Inlet Group Ltd reported total common equity of $32.63 million. The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer board and consummation of due diligence investigation.お知らせ • Feb 26+ 1 more updateCTF Services Limited Declares Special Dividend for the Six Months Ended 31 December 2024, Payable 9 April 2025CTF Services Limited declared Special Dividend of HKD 0.3 per share for the Six Months Ended 31 December 2024. Record date: 21 March 2025. Ex-dividend date: 19 March 2025. Payment date: 09 April 2025.お知らせ • Feb 12CTF Services Limited to Report First Half, 2025 Results on Feb 26, 2025CTF Services Limited announced that they will report first half, 2025 results on Feb 26, 2025お知らせ • Nov 22NWS Holdings Limited Approves the Final Dividend for the Financial Year Ended 30 June 2024NWS Holdings Limited at its annual general meeting Held on 22 November 2024, approved the final dividend of HKD 0.35 per share for the financial year ended 30 June 2024.Declared Dividend • Sep 27Final dividend of HK$0.35 announcedShareholders will receive a dividend of HK$0.35. Ex-date: 26th November 2024 Payment date: 18th December 2024 Dividend yield will be 69%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (117% earnings payout ratio). However, it is covered by cash flows (66% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 30% to bring the payout ratio under control. EPS is expected to grow by 18% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Sep 26+ 1 more updateNWS Holdings Limited Announces Resignation of Cheng Chi Kong, Adrian as Non-Executive DirectorThe board of directors of NWS Holdings Limited (the "Company") announced that Dr. Cheng Chi Kong, Adrian ("Dr. Adrian Cheng") has tendered his resignation as a non-executive director of the Company with effect from 26 September 2024 to devote more time on public services and other personal commitments.Reported Earnings • Sep 25Full year 2024 earnings released: EPS: HK$0.56 (vs HK$0.55 in FY 2023)Full year 2024 results: EPS: HK$0.56 (up from HK$0.55 in FY 2023). Revenue: HK$26.4b (down 42% from FY 2023). Net income: HK$2.54b (up 18% from FY 2023). Profit margin: 9.6% (up from 4.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 25+ 2 more updatesNWS Holdings Limited, Annual General Meeting, Nov 22, 2024NWS Holdings Limited, Annual General Meeting, Nov 22, 2024.お知らせ • Sep 17JOST Werke SE (XTRA:JST) signs exclusivity agreement to acquire Hyva Global B.V. from NWS Holdings Limited (SEHK:659) and Unitas Capital Pte. Ltd.JOST Werke SE (XTRA:JST) signs exclusivity agreement to acquire Hyva Global B.V. from NWS Holdings Limited (SEHK:659) and Unitas Capital Pte. Ltd. on September 16, 2024. The transaction will be financed through a combination of cash, drawdowns from currently undrawn credit facilities as well as via debt acquisition financing. No equity capital increase is contemplated nor necessary in order to finance the transaction. JOST Werke is targeting to sign a definitive agreement in Q4 2024. In the last twelve months, ended June 30, 2024, Hyva generated sales of about €624 million, a gross profit margin of 23.4% and an adj. EBIT of €41 million. JOST has identified a synergy potential of more than €20 million p.a. and expects the acquisition to be value accretive. Through a combination of both businesses as well as the realization of the identified synergies, Hyva’s profitability is expected to match JOST’s strategic adj. EBIT margin corridor (10.0% to 12.0%) two years after closing.お知らせ • Sep 11NWS Holdings Limited to Report Fiscal Year 2024 Results on Sep 25, 2024NWS Holdings Limited announced that they will report fiscal year 2024 results on Sep 25, 2024Buy Or Sell Opportunity • Aug 15Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at €0.80. The fair value is estimated to be €1.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 16% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.お知らせ • Jul 23NWS Holdings Limited (SEHK:659) agreed to acquire Hsin Chong Aster Building Services Limited from Mr. Wong Yu Ming and Chow Tai Fook Capital Limited for approximately 540 million.NWS Holdings Limited (SEHK:659) agreed to acquire Hsin Chong Aster Building Services Limited from Mr. Wong Yu Ming and Chow Tai Fook Capital Limited for approximately 540 million on July 22, 2024. A cash consideration of HKD 538.6 million will be paid by NWS Holdings Limited. NWS Holdings Limited will pay an earnout/contingent payment in cash. As part of consideration, HKD 508.6 million is paid towards common equity and HKD 30 million is paid towards non-convertible debt of Hsin Chong Aster Building Services Limited. For the period ending December 31, 2023, Hsin Chong Aster Building Services Limited reported net income of HKD 35.1 million. As of December 31, 2023, Hsin Chong Aster Building Services Limited reported total common equity of HKD 114 million. The transaction is subject to Hsin Chong Aster Building Services Limited having completed disposal of all its equity interest in Aster Zhong Biao and consummation of due diligence investigation. The transaction will be funded from internal sources.Buy Or Sell Opportunity • Jul 11Now 21% undervaluedOver the last 90 days, the stock has risen 3.4% to €0.77. The fair value is estimated to be €0.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 44% in the next 2 years.New Risk • Apr 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Dividend is not well covered by earnings (104% payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding).Reported Earnings • Mar 29First half 2024 earnings released: EPS: HK$0.28 (vs HK$0.25 in 1H 2023)First half 2024 results: EPS: HK$0.28 (up from HK$0.25 in 1H 2023). Revenue: HK$14.0b (up 6.7% from 1H 2023). Net income: HK$1.11b (up 14% from 1H 2023). Profit margin: 8.0% (up from 7.5% in 1H 2023). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 01Upcoming dividend of HK$2.09 per shareEligible shareholders must have bought the stock before 08 March 2024. Payment date: 19 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.6%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.7%).Reported Earnings • Feb 29First half 2024 earnings released: EPS: HK$0.28 (vs HK$0.30 in 1H 2023)First half 2024 results: EPS: HK$0.28 (down from HK$0.30 in 1H 2023). Revenue: HK$14.0b (down 20% from 1H 2023). Net income: HK$1.11b (down 4.4% from 1H 2023). Profit margin: 8.0% (up from 6.6% in 1H 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 15NWS Holdings Limited to Report Q2, 2024 Results on Feb 27, 2024NWS Holdings Limited announced that they will report Q2, 2024 results on Feb 27, 2024お知らせ • Dec 18+ 2 more updatesNWS Holdings Limited Announces Chief Executive Officers ChangesThe board of directors of NWS Holdings Limited announced the following changes with effect from 1 January 2024: Mr. Ma Siu Cheung (Mr. Eric Ma) has resigned as Chief Executive Officer of the Company; Mr. Brian Cheng, an Executive Director, has been appointed as a Co-Chief Executive Officer of the Company; Mr. Gilbert Ho, and Executive Director, has been appointed as a Co-Chief Executive Officer of the Company and would be collectively responsible for the daily management and operations of the Group. Forthwith upon his appointment becoming effective, Mr. Gilbert Ho will no longer serve as the Chief Operating Officer of the Company. Mr. Brian Cheng, aged 41, joined the Company in January 2008 and was appointed as Executive Director in July 2009 and is also a member of the Executive Committee and the Sustainability Committee. He has been appointed as Co-Chief Executive Officer of the Company with effect from 1 January 2024. He is also a director of certain subsidiaries of the Group. He is mainly responsible for overseeing the infrastructure business and the merger and acquisition affairs of the Group. Mr. Brian Cheng is a non-executive director of NWD, the Chairman and a non-executive director of Integrated Waste Solutions Group Holdings Limited and a non-executive director of Haitong International Securities Group Limited and Wai Kee Holdings Limited, all being listed public companies in Hong Kong. He is also the Chairman of Goshawk Aviation Limited, and a director of PBA International Pte. Ltd. and a number of companies in Mainland China. Mr. Brian Cheng is currently a member of the Fourteenth Shanghai Municipal Committee of the Chinese People's Political Consultative Conference of the People's Republic of China. Before joining the Company, Mr. Cheng had been working as a research analyst in the Infrastructure and Conglomerates sector for CLSA Asia-Pacific Markets. Mr. Brian Cheng holds a Bachelor of Science degree from Babson College in Massachusetts, USA. Mr. Brian Cheng is the son of Dr. Henry Cheng, the brother of Dr. Adrian Cheng and Mr. Cheng Chi Leong, Christopher, and the cousin of Mr. William Junior Guilherme Doo and cousin-in-law of Mr. Patrick Tsang. Mr. Gilbert Ho, aged 47, joined the Company as senior director in January 2018 and has been serving as Executive Director since July 2018 and was appointed as Chief Operating Officer of the Company in February 2022. He has been appointed as Co-Chief Executive Officer of the Company with effect from 1 January 2024. He is a member of the Executive Committee, the Corporate Governance Committee and the Sustainability Committee of the Company. He is also a director of certain subsidiaries of the Group. Prior to joining the Group, Mr. Gilbert Ho was a director and/or senior executive in several Hong Kong listed public companies. He was the senior investment director of NWD and an executive director of New World Strategic Investment Limited. He was also a partner of an international law firm Fried, Frank, Harris, Shriver & Jacobson LLP. Mr. Gilbert Ho is an independent non-executive director of Asia Allied Infrastructure Holdings Limited and Kam Hing International Holdings Limited, and a non-executive director of Shoucheng Holdings Limited and Wai Kee Holdings Limited, all being listed public companies in Hong Kong. Mr. Gilbert Ho is the Deputy Chairman of the Greater Bay Area Committee of CPA Australia, a member of the China Committee of Hong Kong General Chamber of Commerce and the General Committee of The Chamber of Hong Kong Listed Companies, a standing committee member of the Youth Federation of Inner Mongolia and the Vice Chairman of Inner Mongolia & Hong Kong Youth Exchange Association. He was also a committee member of the Industry Advisory Committee of Insurance Authority from June 2020 to May 2022 and a committee member of the Chinese People's Political Consultative Conference of Shenyang from December 2007 to December 2021. Mr. Gilbert Ho holds a Bachelor of Commerce degree and a Bachelor of Laws degree from the University of Sydney, Australia and was admitted as a solicitor in New South Wales, Australia and England and Wales and as a solicitor and barrister in the High Court of Australia. He is also a fellow member of CPA Australia.お知らせ • Nov 11Nws Holdings Limited Approves Final Dividend for the Financial Year End 30 June 2023NWS Holdings Limited approved the final dividend of HKD 0.31 per share for the financial year ended 30 June 2023.Upcoming Dividend • Nov 07Upcoming dividend of HK$0.31 per share at 6.5% yieldEligible shareholders must have bought the stock before 14 November 2023. Payment date: 07 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.5%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.4%).お知らせ • Oct 18NWS Holdings Limited, Annual General Meeting, Nov 10, 2023NWS Holdings Limited, Annual General Meeting, Nov 10, 2023, at 11:00 China Standard Time. Location: Meeting Room S421 (Harbour Road Entrance), Hong Kong Convention and Exhibition Centre 1 Expo Drive Wanchai Hong Kong Agenda: To receive and consider the audited financial statements and the Reports of the Directors and the Independent Auditor for the financial year ended 30 June 2023; to declare a final dividend for the financial year ended 30 June 2023; to re-elect directors; and to consider other matters.Reported Earnings • Oct 01Full year 2023 earnings released: EPS: HK$0.55 (vs HK$0.33 in FY 2022)Full year 2023 results: EPS: HK$0.55 (up from HK$0.33 in FY 2022). Revenue: HK$45.2b (up 45% from FY 2022). Net income: HK$2.64b (up 105% from FY 2022). Profit margin: 5.8% (up from 4.1% in FY 2022). Revenue is expected to decline by 5.3% p.a. on average during the next 2 years, while revenues in the Industrials industry in Europe are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 16NWS Holdings Limited to Report Fiscal Year 2023 Results on Sep 29, 2023NWS Holdings Limited announced that they will report fiscal year 2023 results on Sep 29, 2023お知らせ • Jun 28Chow Tai Fook Enterprises Limited made an offer to acquire additional 96.955655% stake in NWS Holdings Limited (SEHK:659) from New World Development Company Limited (SEHK:17) and others for HKD 34.6 billion.Chow Tai Fook Enterprises Limited made an offer to acquire additional 96.955655% stake in NWS Holdings Limited (SEHK:659) from New World Development Company Limited (SEHK:17) and others for HKD 34.6 billion on June 27, 2023. The offer price per share is HKD 9.15 for 3,791,380,925 shares and 84,638,650 options having exercisable price of HKD 7.83. NWS board has established a special committee comprising To Hin Tsun, Gerald, Dominic Lai, Shek Lai Him, Abraham, Lee Yiu Kwong, Alan, Oei Wai Chi Grace Fung, Wong Kwai Huen, Albert, Professor Chan Ka Keung, Ceajer and Ng Yuen Ting, Yolanda, to make a recommendation to the Disinterested NWS Shareholders and the Disinterested NWS Option holders as to whether the NWS Offers are, or are not, fair and reasonable and as to acceptance. Transaction is conditional upon acceptance of all 60.87559% stake owned by New Development Company, Shareholders approval of New Development Company for the disposal, and other conditions. If a threshold of 90% will be achieved, the offeror will go for compulsory acquisition. The Hongkong and Shanghai Banking Corporation Limited, BOCI Asia Limited, and ING Bank N.V., Hong Kong Branch acted as financial advisors to Chow Tai Fook Enterprises Limited.Upcoming Dividend • Mar 13Upcoming dividend of HK$0.30 per share at 8.7% yieldEligible shareholders must have bought the stock before 20 March 2023. Payment date: 06 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.9%).Reported Earnings • Feb 24First half 2023 earnings released: EPS: HK$0.30 (vs HK$0.31 in 1H 2022)First half 2023 results: EPS: HK$0.30 (down from HK$0.31 in 1H 2022). Revenue: HK$17.6b (up 7.8% from 1H 2022). Net income: HK$1.16b (down 3.6% from 1H 2022). Profit margin: 6.6% (down from 7.4% in 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year.お知らせ • Feb 10NWS Holdings Limited to Report First Half, 2023 Results on Feb 23, 2023NWS Holdings Limited announced that they will report first half, 2023 results on Feb 23, 2023Upcoming Dividend • Nov 16Upcoming dividend of HK$0.31 per shareEligible shareholders must have bought the stock before 23 November 2022. Payment date: 16 December 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.2%).Reported Earnings • Oct 25Full year 2022 earnings released: EPS: HK$0.33 (vs HK$0.30 in FY 2021)Full year 2022 results: EPS: HK$0.33 (up from HK$0.30 in FY 2021). Revenue: HK$31.1b (up 10% from FY 2021). Net income: HK$1.28b (up 11% from FY 2021). Profit margin: 4.1% (in line with FY 2021). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 18First half 2022 earnings: EPS in line with expectations, revenues disappointFirst half 2022 results: EPS: HK$0.31 (up from HK$0.14 in 1H 2021). Revenue: HK$16.3b (up 15% from 1H 2021). Net income: HK$1.21b (up 123% from 1H 2021). Profit margin: 7.4% (up from 3.8% in 1H 2021). Revenue missed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 3.5%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Mar 14Upcoming dividend of HK$0.30 per shareEligible shareholders must have bought the stock before 21 March 2022. Payment date: 07 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.4%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (3.1%).Reported Earnings • Feb 28First half 2022 earnings: EPS in line with expectations, revenues disappointFirst half 2022 results: EPS: HK$0.31 (up from HK$0.14 in 1H 2021). Revenue: HK$16.3b (up 15% from 1H 2021). Net income: HK$1.21b (up 123% from 1H 2021). Profit margin: 7.4% (up from 3.8% in 1H 2021). Revenue missed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 3.5%, compared to a 8.2% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 01Full year 2021 earnings released: EPS HK$0.30 (vs HK$0.065 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$28.2b (up 8.8% from FY 2020). Net income: HK$1.19b (up 370% from FY 2020). Profit margin: 4.2% (up from 1.0% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Director Overboarding • Aug 05Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 03Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Reported Earnings • Mar 20First half 2021 earnings released: EPS HK$0.14 (vs HK$0.33 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$14.2b (up 26% from 1H 2020). Net income: HK$540.1m (down 58% from 1H 2020). Profit margin: 3.8% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 66% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 15Upcoming Dividend of HK$0.29 Per ShareWill be paid on the 14th of April to those who are registered shareholders by the 22nd of March. The trailing yield of 6.5% is in the top quartile of German dividend payers (3.3%), and it is higher than industry peers (2.6%).Reported Earnings • Mar 01First half 2021 earnings released: EPS HK$0.14 (vs HK$0.39 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$14.2b (up 7.7% from 1H 2020). Net income: HK$540.1m (down 64% from 1H 2020). Profit margin: 3.8% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 20New 90-day high: €0.87The company is up 6.0% from its price of €0.82 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.95 per share.Upcoming Dividend • Nov 20Upcoming Dividend of HK$0.29 Per ShareWill be paid on the 17th of December to those who are registered shareholders by the 27th of November. The trailing yield of 7.4% is in the top quartile of German dividend payers (3.7%), and it is higher than industry peers (3.2%).Is New 90 Day High Low • Nov 16New 90-day high: €0.81The company is up 16% from its price of €0.70 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.80 per share.Reported Earnings • Oct 24Full year earnings released - EPS €0.065Over the last 12 months the company has reported total profits of HK$253.2m, down 94% from the prior year. Total revenue was HK$25.9b over the last 12 months, down 3.4% from the prior year. Profit margins were 1.0%, which is lower than the 15% margin from last year. The decrease in margin was primarily driven by higher expenses.Analyst Estimate Surprise Post Earnings • Oct 24Annual earnings released: Revenue misses expectationsAnnual revenue missed analyst estimates by 10% at HK$25.9b. Revenue is forecast to grow 23% over the next year, compared to a 24% decline forecast for the Industrials industry in Germany.Is New 90 Day High Low • Oct 22New 90-day high: €0.76The company is up 8.0% from its price of €0.70 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.71 per share.Reported Earnings • Oct 01Full year earnings released - EPS €0.065Over the last 12 months the company has reported total profits of HK$253.2m, down 94% from the prior year. Total revenue was HK$25.9b over the last 12 months, down 3.4% from the prior year. Profit margins were 1.0%, which is lower than the 15% margin from last year. The decrease in margin was primarily driven by higher expenses.Is New 90 Day High Low • Sep 26New 90-day low: €0.63The company is down 16% from its price of €0.75 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.30 per share.株主還元NWSDE IndustrialsDE 市場7D-1.1%3.1%2.4%1Y24.6%22.8%1.2%株主還元を見る業界別リターン: NWS過去 1 年間で22.8 % の収益を上げたGerman Industrials業界を上回りました。リターン対市場: NWS過去 1 年間で1.2 % の収益を上げたGerman市場を上回りました。価格変動Is NWS's price volatile compared to industry and market?NWS volatilityNWS Average Weekly Movement6.8%Industrials Industry Average Movement6.0%Market Average Movement6.1%10% most volatile stocks in DE Market13.4%10% least volatile stocks in DE Market2.7%安定した株価: NWS 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: NWSの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト199610,800Brian Chengwww.ctfs.com.hkCTF Services Limited は香港と中国本土を中心に有料道路、保険、物流、建設、施設管理など多角的な事業を展開するコングロマリット企業である。有料道路の開発・投資・運営、各種物流プロジェクトの投資・管理、鉄道コンテナ・ターミナルの開発、展示会、コンベンション、会議、エンターテイメント・イベント、宴会、ケータリング・イベントなどの会場やグレンイーグルス・ホスピタル香港の管理・運営、免税タバコ、酒類、香水、化粧品、包装食品、雑貨の小売などを手がけている。また、住宅、商業施設、政府機関、機関投資家向けのゼネコン、建設管理、土木・基礎工事サービス、個人・機関投資家向けの生命保険、医療保険、重大疾病保険、傷害保険、貯蓄保険、年金、投資連動型保険など、多様な保険・ファイナンシャルプランニング商品・サービスも提供している。また、杭打ちや地盤調査、物流施設の運営、生コンクリートの製造・販売も行っている。さらに、不動産投資、仲介、管理、コンサルタント・サービス、金融、債券発行、ケータリング・サービス、駐車場、複合商業施設、ホテル管理サービスも提供している。前身はパシフィック・ポート社で、2003年1月にNWSホールディングス社に社名変更。CTFサービス・リミテッドは1996年に設立され、香港の長沙湾に本社を置く。CTF Services Limited は Chow Tai Fook Enterprises Limited の子会社である。もっと見るCTF Services Limited 基礎のまとめCTF Services の収益と売上を時価総額と比較するとどうか。NWS 基礎統計学時価総額€4.19b収益（TTM）€257.16m売上高(TTM)€2.75b16.3xPER（株価収益率1.5xP/SレシオNWS は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計NWS 損益計算書（TTM）収益HK$25.00b売上原価HK$21.04b売上総利益HK$3.96bその他の費用HK$1.62b収益HK$2.34b直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）0.51グロス・マージン15.84%純利益率9.35%有利子負債／自己資本比率84.3%NWS の長期的なパフォーマンスは？過去の実績と比較を見る配当金7.5%現在の配当利回り113%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 14:25終値2026/05/22 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋CTF Services Limited 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Mandy QuBofA Global ResearchTak-Hei ChauCitigroup IncMing Jie KiangCLSA11 その他のアナリストを表示
お知らせ • Feb 09CTF Services Limited to Report First Half, 2026 Results on Feb 26, 2026CTF Services Limited announced that they will report first half, 2026 results on Feb 26, 2026
お知らせ • Sep 24+ 1 more updateCTF Services Limited, Annual General Meeting, Nov 18, 2025CTF Services Limited, Annual General Meeting, Nov 18, 2025.
お知らせ • Sep 09CTF Services Limited to Report Fiscal Year 2025 Results on Sep 24, 2025CTF Services Limited announced that they will report fiscal year 2025 results on Sep 24, 2025
お知らせ • Aug 20CTF Services Limited (SEHK:659) entered into a conditional sale and purchase agreement to acquire 65% stake in Blackhorn Wealth Management Limited.CTF Services Limited (SEHK:659) entered into a conditional sale and purchase agreement to acquire 65% stake in Blackhorn Wealth Management Limited on August 19, 2025. By integrating Blackhorn with the protection expertise of Chow Tai Fook Life Insurance Company Limited and the digital brokerage capabilities of uSmart Inlet Group Limited, CTF Services Limited is poised to deliver a seamless, one-stop financial and wealth management services platform encompassing insurance, investment banking, securities trading, financial planning, and asset management into one roof.
お知らせ • Jun 13CTF Services Limited Appoints Oei Wai Chi Grace Fung as Member of the Nomination CommitteeThe board of directors of CTF Services Limited announced that, for the purpose of complying with the revised Corporate Governance Code as set out in Appendix C1 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to be effective from 1 July 2025, Mrs. Oei Wai Chi Grace Fung ("Mrs. Oei"), an independent non-executive director of the Company ("INED"), has been appointed as a member of the nomination committee of the Company (the "Nomination Committee") with effect from 11 June 2025. Mrs. Oei currently serves as an INED and is a member of the environmental, social and governance committee of the Company. The Board believes that her extensive experience, expertise, professionalism and global perspective will make valuable contributions to the diversity of the Board.
お知らせ • Mar 19+ 1 more updateCTF Services Limited (SEHK:659) agreed to acquire 34.90% stake in uSmart Inlet Group Ltd from Yuk Zhi Kai Alan for approximately $100 million.CTF Services Limited (SEHK:659) agreed to acquire 34.90% stake in uSmart Inlet Group Ltd from Yuk Zhi Kai Alan for approximately $100 million on March 18, 2025. For the period ending December 31, 2024, uSmart Inlet Group Ltd reported net loss of $5.28 million. As of December 31, 2024, uSmart Inlet Group Ltd reported total common equity of $32.63 million. The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer board and consummation of due diligence investigation.
お知らせ • Feb 09CTF Services Limited to Report First Half, 2026 Results on Feb 26, 2026CTF Services Limited announced that they will report first half, 2026 results on Feb 26, 2026
お知らせ • Sep 24+ 1 more updateCTF Services Limited, Annual General Meeting, Nov 18, 2025CTF Services Limited, Annual General Meeting, Nov 18, 2025.
お知らせ • Sep 09CTF Services Limited to Report Fiscal Year 2025 Results on Sep 24, 2025CTF Services Limited announced that they will report fiscal year 2025 results on Sep 24, 2025
お知らせ • Aug 20CTF Services Limited (SEHK:659) entered into a conditional sale and purchase agreement to acquire 65% stake in Blackhorn Wealth Management Limited.CTF Services Limited (SEHK:659) entered into a conditional sale and purchase agreement to acquire 65% stake in Blackhorn Wealth Management Limited on August 19, 2025. By integrating Blackhorn with the protection expertise of Chow Tai Fook Life Insurance Company Limited and the digital brokerage capabilities of uSmart Inlet Group Limited, CTF Services Limited is poised to deliver a seamless, one-stop financial and wealth management services platform encompassing insurance, investment banking, securities trading, financial planning, and asset management into one roof.
お知らせ • Jun 13CTF Services Limited Appoints Oei Wai Chi Grace Fung as Member of the Nomination CommitteeThe board of directors of CTF Services Limited announced that, for the purpose of complying with the revised Corporate Governance Code as set out in Appendix C1 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to be effective from 1 July 2025, Mrs. Oei Wai Chi Grace Fung ("Mrs. Oei"), an independent non-executive director of the Company ("INED"), has been appointed as a member of the nomination committee of the Company (the "Nomination Committee") with effect from 11 June 2025. Mrs. Oei currently serves as an INED and is a member of the environmental, social and governance committee of the Company. The Board believes that her extensive experience, expertise, professionalism and global perspective will make valuable contributions to the diversity of the Board.
お知らせ • Mar 19+ 1 more updateCTF Services Limited (SEHK:659) agreed to acquire 34.90% stake in uSmart Inlet Group Ltd from Yuk Zhi Kai Alan for approximately $100 million.CTF Services Limited (SEHK:659) agreed to acquire 34.90% stake in uSmart Inlet Group Ltd from Yuk Zhi Kai Alan for approximately $100 million on March 18, 2025. For the period ending December 31, 2024, uSmart Inlet Group Ltd reported net loss of $5.28 million. As of December 31, 2024, uSmart Inlet Group Ltd reported total common equity of $32.63 million. The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer board and consummation of due diligence investigation.
お知らせ • Feb 26+ 1 more updateCTF Services Limited Declares Special Dividend for the Six Months Ended 31 December 2024, Payable 9 April 2025CTF Services Limited declared Special Dividend of HKD 0.3 per share for the Six Months Ended 31 December 2024. Record date: 21 March 2025. Ex-dividend date: 19 March 2025. Payment date: 09 April 2025.
お知らせ • Feb 12CTF Services Limited to Report First Half, 2025 Results on Feb 26, 2025CTF Services Limited announced that they will report first half, 2025 results on Feb 26, 2025
お知らせ • Nov 22NWS Holdings Limited Approves the Final Dividend for the Financial Year Ended 30 June 2024NWS Holdings Limited at its annual general meeting Held on 22 November 2024, approved the final dividend of HKD 0.35 per share for the financial year ended 30 June 2024.
Declared Dividend • Sep 27Final dividend of HK$0.35 announcedShareholders will receive a dividend of HK$0.35. Ex-date: 26th November 2024 Payment date: 18th December 2024 Dividend yield will be 69%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (117% earnings payout ratio). However, it is covered by cash flows (66% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 30% to bring the payout ratio under control. EPS is expected to grow by 18% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Sep 26+ 1 more updateNWS Holdings Limited Announces Resignation of Cheng Chi Kong, Adrian as Non-Executive DirectorThe board of directors of NWS Holdings Limited (the "Company") announced that Dr. Cheng Chi Kong, Adrian ("Dr. Adrian Cheng") has tendered his resignation as a non-executive director of the Company with effect from 26 September 2024 to devote more time on public services and other personal commitments.
Reported Earnings • Sep 25Full year 2024 earnings released: EPS: HK$0.56 (vs HK$0.55 in FY 2023)Full year 2024 results: EPS: HK$0.56 (up from HK$0.55 in FY 2023). Revenue: HK$26.4b (down 42% from FY 2023). Net income: HK$2.54b (up 18% from FY 2023). Profit margin: 9.6% (up from 4.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 25+ 2 more updatesNWS Holdings Limited, Annual General Meeting, Nov 22, 2024NWS Holdings Limited, Annual General Meeting, Nov 22, 2024.
お知らせ • Sep 17JOST Werke SE (XTRA:JST) signs exclusivity agreement to acquire Hyva Global B.V. from NWS Holdings Limited (SEHK:659) and Unitas Capital Pte. Ltd.JOST Werke SE (XTRA:JST) signs exclusivity agreement to acquire Hyva Global B.V. from NWS Holdings Limited (SEHK:659) and Unitas Capital Pte. Ltd. on September 16, 2024. The transaction will be financed through a combination of cash, drawdowns from currently undrawn credit facilities as well as via debt acquisition financing. No equity capital increase is contemplated nor necessary in order to finance the transaction. JOST Werke is targeting to sign a definitive agreement in Q4 2024. In the last twelve months, ended June 30, 2024, Hyva generated sales of about €624 million, a gross profit margin of 23.4% and an adj. EBIT of €41 million. JOST has identified a synergy potential of more than €20 million p.a. and expects the acquisition to be value accretive. Through a combination of both businesses as well as the realization of the identified synergies, Hyva’s profitability is expected to match JOST’s strategic adj. EBIT margin corridor (10.0% to 12.0%) two years after closing.
お知らせ • Sep 11NWS Holdings Limited to Report Fiscal Year 2024 Results on Sep 25, 2024NWS Holdings Limited announced that they will report fiscal year 2024 results on Sep 25, 2024
Buy Or Sell Opportunity • Aug 15Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at €0.80. The fair value is estimated to be €1.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 16% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.
お知らせ • Jul 23NWS Holdings Limited (SEHK:659) agreed to acquire Hsin Chong Aster Building Services Limited from Mr. Wong Yu Ming and Chow Tai Fook Capital Limited for approximately 540 million.NWS Holdings Limited (SEHK:659) agreed to acquire Hsin Chong Aster Building Services Limited from Mr. Wong Yu Ming and Chow Tai Fook Capital Limited for approximately 540 million on July 22, 2024. A cash consideration of HKD 538.6 million will be paid by NWS Holdings Limited. NWS Holdings Limited will pay an earnout/contingent payment in cash. As part of consideration, HKD 508.6 million is paid towards common equity and HKD 30 million is paid towards non-convertible debt of Hsin Chong Aster Building Services Limited. For the period ending December 31, 2023, Hsin Chong Aster Building Services Limited reported net income of HKD 35.1 million. As of December 31, 2023, Hsin Chong Aster Building Services Limited reported total common equity of HKD 114 million. The transaction is subject to Hsin Chong Aster Building Services Limited having completed disposal of all its equity interest in Aster Zhong Biao and consummation of due diligence investigation. The transaction will be funded from internal sources.
Buy Or Sell Opportunity • Jul 11Now 21% undervaluedOver the last 90 days, the stock has risen 3.4% to €0.77. The fair value is estimated to be €0.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 44% in the next 2 years.
New Risk • Apr 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Dividend is not well covered by earnings (104% payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding).
Reported Earnings • Mar 29First half 2024 earnings released: EPS: HK$0.28 (vs HK$0.25 in 1H 2023)First half 2024 results: EPS: HK$0.28 (up from HK$0.25 in 1H 2023). Revenue: HK$14.0b (up 6.7% from 1H 2023). Net income: HK$1.11b (up 14% from 1H 2023). Profit margin: 8.0% (up from 7.5% in 1H 2023). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 01Upcoming dividend of HK$2.09 per shareEligible shareholders must have bought the stock before 08 March 2024. Payment date: 19 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.6%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.7%).
Reported Earnings • Feb 29First half 2024 earnings released: EPS: HK$0.28 (vs HK$0.30 in 1H 2023)First half 2024 results: EPS: HK$0.28 (down from HK$0.30 in 1H 2023). Revenue: HK$14.0b (down 20% from 1H 2023). Net income: HK$1.11b (down 4.4% from 1H 2023). Profit margin: 8.0% (up from 6.6% in 1H 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 15NWS Holdings Limited to Report Q2, 2024 Results on Feb 27, 2024NWS Holdings Limited announced that they will report Q2, 2024 results on Feb 27, 2024
お知らせ • Dec 18+ 2 more updatesNWS Holdings Limited Announces Chief Executive Officers ChangesThe board of directors of NWS Holdings Limited announced the following changes with effect from 1 January 2024: Mr. Ma Siu Cheung (Mr. Eric Ma) has resigned as Chief Executive Officer of the Company; Mr. Brian Cheng, an Executive Director, has been appointed as a Co-Chief Executive Officer of the Company; Mr. Gilbert Ho, and Executive Director, has been appointed as a Co-Chief Executive Officer of the Company and would be collectively responsible for the daily management and operations of the Group. Forthwith upon his appointment becoming effective, Mr. Gilbert Ho will no longer serve as the Chief Operating Officer of the Company. Mr. Brian Cheng, aged 41, joined the Company in January 2008 and was appointed as Executive Director in July 2009 and is also a member of the Executive Committee and the Sustainability Committee. He has been appointed as Co-Chief Executive Officer of the Company with effect from 1 January 2024. He is also a director of certain subsidiaries of the Group. He is mainly responsible for overseeing the infrastructure business and the merger and acquisition affairs of the Group. Mr. Brian Cheng is a non-executive director of NWD, the Chairman and a non-executive director of Integrated Waste Solutions Group Holdings Limited and a non-executive director of Haitong International Securities Group Limited and Wai Kee Holdings Limited, all being listed public companies in Hong Kong. He is also the Chairman of Goshawk Aviation Limited, and a director of PBA International Pte. Ltd. and a number of companies in Mainland China. Mr. Brian Cheng is currently a member of the Fourteenth Shanghai Municipal Committee of the Chinese People's Political Consultative Conference of the People's Republic of China. Before joining the Company, Mr. Cheng had been working as a research analyst in the Infrastructure and Conglomerates sector for CLSA Asia-Pacific Markets. Mr. Brian Cheng holds a Bachelor of Science degree from Babson College in Massachusetts, USA. Mr. Brian Cheng is the son of Dr. Henry Cheng, the brother of Dr. Adrian Cheng and Mr. Cheng Chi Leong, Christopher, and the cousin of Mr. William Junior Guilherme Doo and cousin-in-law of Mr. Patrick Tsang. Mr. Gilbert Ho, aged 47, joined the Company as senior director in January 2018 and has been serving as Executive Director since July 2018 and was appointed as Chief Operating Officer of the Company in February 2022. He has been appointed as Co-Chief Executive Officer of the Company with effect from 1 January 2024. He is a member of the Executive Committee, the Corporate Governance Committee and the Sustainability Committee of the Company. He is also a director of certain subsidiaries of the Group. Prior to joining the Group, Mr. Gilbert Ho was a director and/or senior executive in several Hong Kong listed public companies. He was the senior investment director of NWD and an executive director of New World Strategic Investment Limited. He was also a partner of an international law firm Fried, Frank, Harris, Shriver & Jacobson LLP. Mr. Gilbert Ho is an independent non-executive director of Asia Allied Infrastructure Holdings Limited and Kam Hing International Holdings Limited, and a non-executive director of Shoucheng Holdings Limited and Wai Kee Holdings Limited, all being listed public companies in Hong Kong. Mr. Gilbert Ho is the Deputy Chairman of the Greater Bay Area Committee of CPA Australia, a member of the China Committee of Hong Kong General Chamber of Commerce and the General Committee of The Chamber of Hong Kong Listed Companies, a standing committee member of the Youth Federation of Inner Mongolia and the Vice Chairman of Inner Mongolia & Hong Kong Youth Exchange Association. He was also a committee member of the Industry Advisory Committee of Insurance Authority from June 2020 to May 2022 and a committee member of the Chinese People's Political Consultative Conference of Shenyang from December 2007 to December 2021. Mr. Gilbert Ho holds a Bachelor of Commerce degree and a Bachelor of Laws degree from the University of Sydney, Australia and was admitted as a solicitor in New South Wales, Australia and England and Wales and as a solicitor and barrister in the High Court of Australia. He is also a fellow member of CPA Australia.
お知らせ • Nov 11Nws Holdings Limited Approves Final Dividend for the Financial Year End 30 June 2023NWS Holdings Limited approved the final dividend of HKD 0.31 per share for the financial year ended 30 June 2023.
Upcoming Dividend • Nov 07Upcoming dividend of HK$0.31 per share at 6.5% yieldEligible shareholders must have bought the stock before 14 November 2023. Payment date: 07 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.5%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.4%).
お知らせ • Oct 18NWS Holdings Limited, Annual General Meeting, Nov 10, 2023NWS Holdings Limited, Annual General Meeting, Nov 10, 2023, at 11:00 China Standard Time. Location: Meeting Room S421 (Harbour Road Entrance), Hong Kong Convention and Exhibition Centre 1 Expo Drive Wanchai Hong Kong Agenda: To receive and consider the audited financial statements and the Reports of the Directors and the Independent Auditor for the financial year ended 30 June 2023; to declare a final dividend for the financial year ended 30 June 2023; to re-elect directors; and to consider other matters.
Reported Earnings • Oct 01Full year 2023 earnings released: EPS: HK$0.55 (vs HK$0.33 in FY 2022)Full year 2023 results: EPS: HK$0.55 (up from HK$0.33 in FY 2022). Revenue: HK$45.2b (up 45% from FY 2022). Net income: HK$2.64b (up 105% from FY 2022). Profit margin: 5.8% (up from 4.1% in FY 2022). Revenue is expected to decline by 5.3% p.a. on average during the next 2 years, while revenues in the Industrials industry in Europe are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 16NWS Holdings Limited to Report Fiscal Year 2023 Results on Sep 29, 2023NWS Holdings Limited announced that they will report fiscal year 2023 results on Sep 29, 2023
お知らせ • Jun 28Chow Tai Fook Enterprises Limited made an offer to acquire additional 96.955655% stake in NWS Holdings Limited (SEHK:659) from New World Development Company Limited (SEHK:17) and others for HKD 34.6 billion.Chow Tai Fook Enterprises Limited made an offer to acquire additional 96.955655% stake in NWS Holdings Limited (SEHK:659) from New World Development Company Limited (SEHK:17) and others for HKD 34.6 billion on June 27, 2023. The offer price per share is HKD 9.15 for 3,791,380,925 shares and 84,638,650 options having exercisable price of HKD 7.83. NWS board has established a special committee comprising To Hin Tsun, Gerald, Dominic Lai, Shek Lai Him, Abraham, Lee Yiu Kwong, Alan, Oei Wai Chi Grace Fung, Wong Kwai Huen, Albert, Professor Chan Ka Keung, Ceajer and Ng Yuen Ting, Yolanda, to make a recommendation to the Disinterested NWS Shareholders and the Disinterested NWS Option holders as to whether the NWS Offers are, or are not, fair and reasonable and as to acceptance. Transaction is conditional upon acceptance of all 60.87559% stake owned by New Development Company, Shareholders approval of New Development Company for the disposal, and other conditions. If a threshold of 90% will be achieved, the offeror will go for compulsory acquisition. The Hongkong and Shanghai Banking Corporation Limited, BOCI Asia Limited, and ING Bank N.V., Hong Kong Branch acted as financial advisors to Chow Tai Fook Enterprises Limited.
Upcoming Dividend • Mar 13Upcoming dividend of HK$0.30 per share at 8.7% yieldEligible shareholders must have bought the stock before 20 March 2023. Payment date: 06 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.9%).
Reported Earnings • Feb 24First half 2023 earnings released: EPS: HK$0.30 (vs HK$0.31 in 1H 2022)First half 2023 results: EPS: HK$0.30 (down from HK$0.31 in 1H 2022). Revenue: HK$17.6b (up 7.8% from 1H 2022). Net income: HK$1.16b (down 3.6% from 1H 2022). Profit margin: 6.6% (down from 7.4% in 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • Feb 10NWS Holdings Limited to Report First Half, 2023 Results on Feb 23, 2023NWS Holdings Limited announced that they will report first half, 2023 results on Feb 23, 2023
Upcoming Dividend • Nov 16Upcoming dividend of HK$0.31 per shareEligible shareholders must have bought the stock before 23 November 2022. Payment date: 16 December 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.2%).
Reported Earnings • Oct 25Full year 2022 earnings released: EPS: HK$0.33 (vs HK$0.30 in FY 2021)Full year 2022 results: EPS: HK$0.33 (up from HK$0.30 in FY 2021). Revenue: HK$31.1b (up 10% from FY 2021). Net income: HK$1.28b (up 11% from FY 2021). Profit margin: 4.1% (in line with FY 2021). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 18First half 2022 earnings: EPS in line with expectations, revenues disappointFirst half 2022 results: EPS: HK$0.31 (up from HK$0.14 in 1H 2021). Revenue: HK$16.3b (up 15% from 1H 2021). Net income: HK$1.21b (up 123% from 1H 2021). Profit margin: 7.4% (up from 3.8% in 1H 2021). Revenue missed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 3.5%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Mar 14Upcoming dividend of HK$0.30 per shareEligible shareholders must have bought the stock before 21 March 2022. Payment date: 07 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.4%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (3.1%).
Reported Earnings • Feb 28First half 2022 earnings: EPS in line with expectations, revenues disappointFirst half 2022 results: EPS: HK$0.31 (up from HK$0.14 in 1H 2021). Revenue: HK$16.3b (up 15% from 1H 2021). Net income: HK$1.21b (up 123% from 1H 2021). Profit margin: 7.4% (up from 3.8% in 1H 2021). Revenue missed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 3.5%, compared to a 8.2% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 01Full year 2021 earnings released: EPS HK$0.30 (vs HK$0.065 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$28.2b (up 8.8% from FY 2020). Net income: HK$1.19b (up 370% from FY 2020). Profit margin: 4.2% (up from 1.0% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Director Overboarding • Aug 05Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 04Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 03Director Lai Him Shek has joined 10th company boardLai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Reported Earnings • Mar 20First half 2021 earnings released: EPS HK$0.14 (vs HK$0.33 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$14.2b (up 26% from 1H 2020). Net income: HK$540.1m (down 58% from 1H 2020). Profit margin: 3.8% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 66% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 15Upcoming Dividend of HK$0.29 Per ShareWill be paid on the 14th of April to those who are registered shareholders by the 22nd of March. The trailing yield of 6.5% is in the top quartile of German dividend payers (3.3%), and it is higher than industry peers (2.6%).
Reported Earnings • Mar 01First half 2021 earnings released: EPS HK$0.14 (vs HK$0.39 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$14.2b (up 7.7% from 1H 2020). Net income: HK$540.1m (down 64% from 1H 2020). Profit margin: 3.8% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 20New 90-day high: €0.87The company is up 6.0% from its price of €0.82 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.95 per share.
Upcoming Dividend • Nov 20Upcoming Dividend of HK$0.29 Per ShareWill be paid on the 17th of December to those who are registered shareholders by the 27th of November. The trailing yield of 7.4% is in the top quartile of German dividend payers (3.7%), and it is higher than industry peers (3.2%).
Is New 90 Day High Low • Nov 16New 90-day high: €0.81The company is up 16% from its price of €0.70 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.80 per share.
Reported Earnings • Oct 24Full year earnings released - EPS €0.065Over the last 12 months the company has reported total profits of HK$253.2m, down 94% from the prior year. Total revenue was HK$25.9b over the last 12 months, down 3.4% from the prior year. Profit margins were 1.0%, which is lower than the 15% margin from last year. The decrease in margin was primarily driven by higher expenses.
Analyst Estimate Surprise Post Earnings • Oct 24Annual earnings released: Revenue misses expectationsAnnual revenue missed analyst estimates by 10% at HK$25.9b. Revenue is forecast to grow 23% over the next year, compared to a 24% decline forecast for the Industrials industry in Germany.
Is New 90 Day High Low • Oct 22New 90-day high: €0.76The company is up 8.0% from its price of €0.70 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.71 per share.
Reported Earnings • Oct 01Full year earnings released - EPS €0.065Over the last 12 months the company has reported total profits of HK$253.2m, down 94% from the prior year. Total revenue was HK$25.9b over the last 12 months, down 3.4% from the prior year. Profit margins were 1.0%, which is lower than the 15% margin from last year. The decrease in margin was primarily driven by higher expenses.
Is New 90 Day High Low • Sep 26New 90-day low: €0.63The company is down 16% from its price of €0.75 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.30 per share.
