View ValuationCTF Services 향후 성장Future 기준 점검 1/6CTF Services (는) 각각 연간 14% 및 3.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 10.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 7.4% 로 예상됩니다.핵심 정보14.0%이익 성장률10.91%EPS 성장률Industrials 이익 성장10.5%매출 성장률3.6%향후 자기자본이익률7.40%애널리스트 커버리지Low마지막 업데이트14 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • 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, 2026공시 • Sep 24+ 1 more updateCTF Services Limited, Annual General Meeting, Nov 18, 2025CTF Services Limited, Annual General Meeting, Nov 18, 2025.공시 • 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, 2025공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2025공시 • 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.공시 • 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.공시 • Sep 25+ 2 more updatesNWS Holdings Limited, Annual General Meeting, Nov 22, 2024NWS Holdings Limited, Annual General Meeting, Nov 22, 2024.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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%).공시 • 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.공시 • 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, 2023공시 • 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.공시 • 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.이익 및 매출 성장 예측DB:NWS - 애널리스트 향후 추정치 및 과거 재무 데이터 (HKD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/202827,2523,37323,39324,04336/30/202726,1643,08223,65724,30736/30/202625,1902,69729,56430,214312/31/202525,0022,3391,4842,208N/A9/30/202524,6442,2502,3592,962N/A6/30/202524,2852,1623,2333,716N/A3/31/202524,4192,1983,5243,992N/A12/31/202424,5532,2333,8164,269N/A9/30/202425,4872,2102,8873,359N/A6/30/202426,4222,1871,9582,449N/A3/31/202427,2081,9462,9583,400N/A12/31/202327,9941,7053,9574,351N/A9/30/202327,5581,6384,3634,818N/A6/30/202327,1211,5714,7695,285N/A3/31/202327,5311,3203,4704,035N/A12/31/202227,9401,0682,1722,785N/A9/30/202229,5391,1763,1283,667N/A6/30/202231,1391,2854,0834,548N/A3/31/202230,7041,5483,0903,525N/A12/31/202130,2691,8112,0972,502N/A9/30/202129,2331,4847951,200N/A6/30/202128,1971,157-507-103N/A3/31/202126,879469-38922N/A12/31/202025,561-219-271146N/A9/30/202024,087159-3,231-41N/A6/30/202022,612537-6,191-229N/A3/31/202023,2711,801-6,055-78N/A12/31/201923,9293,065-5,91972N/A9/30/201925,3813,554N/A1,095N/A6/30/201926,8344,043N/A2,117N/A3/31/201929,0304,954N/A3,399N/A12/31/201831,2265,865N/A4,682N/A9/30/201833,1705,967N/A4,555N/A6/30/201835,1156,069N/A4,429N/A3/31/201835,3655,788N/A4,077N/A12/31/201735,6165,507N/A3,726N/A9/30/201733,5005,568N/A3,342N/A6/30/201731,3855,629N/A2,958N/A3/31/201730,2525,394N/A2,903N/A12/31/201629,1195,159N/A2,847N/A9/30/201629,3095,036N/A3,220N/A6/30/201629,4984,913N/A3,594N/A3/31/201628,1204,870N/A3,598N/A12/31/201526,7424,828N/A3,603N/A9/30/201525,6174,653N/A3,199N/A6/30/201524,4924,478N/A2,795N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: NWS 의 연간 예상 수익 증가율(14%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: NWS 의 연간 수익(14%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: NWS 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: NWS 의 수익(연간 3.6%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: NWS 의 수익(연간 3.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: NWS의 자본 수익률은 3년 후 7.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 13:04종가2026/05/22 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스CTF Services Limited는 14명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mandy QuBofA Global ResearchTak-Hei ChauCitigroup IncMing Jie KiangCLSA11명의 분석가 더 보기
공시 • 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
공시 • Sep 24+ 1 more updateCTF Services Limited, Annual General Meeting, Nov 18, 2025CTF Services Limited, Annual General Meeting, Nov 18, 2025.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • Sep 25+ 2 more updatesNWS Holdings Limited, Annual General Meeting, Nov 22, 2024NWS Holdings Limited, Annual General Meeting, Nov 22, 2024.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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%).
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.