CK Asset Holdings Management

Management criteria checks 3/4

CK Asset Holdings' CEO is Victor Li, appointed in Feb 2015, has a tenure of 9.83 years. total yearly compensation is HK$99.86M, comprised of 64.1% salary and 35.9% bonuses, including company stock and options. directly owns 0.083% of the company’s shares, worth €10.89M. The average tenure of the management team and the board of directors is 9.8 years and 9.8 years respectively.

Key information

Victor Li

Chief executive officer

HK$99.9m

Total compensation

CEO salary percentage	64.1%
CEO tenure	9.8yrs
CEO ownership	0.08%
Management average tenure	9.8yrs
Board average tenure	9.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Victor Li's remuneration changed compared to CK Asset Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	HK$16b
Mar 31 2024	n/a	n/a	HK$16b
Dec 31 2023	HK$100m	HK$64m	HK$17b
Sep 30 2023	n/a	n/a	HK$18b
Jun 30 2023	n/a	n/a	HK$19b
Mar 31 2023	n/a	n/a	HK$19b
Dec 31 2022	HK$100m	HK$61m	HK$20b
Jun 30 2022	n/a	n/a	HK$24b
Mar 31 2022	n/a	n/a	HK$22b
Dec 31 2021	HK$94m	HK$58m	HK$21b
Jun 30 2021	n/a	n/a	HK$18b
Mar 31 2021	n/a	n/a	HK$17b
Dec 31 2020	HK$90m	HK$58m	HK$16b
Sep 30 2020	n/a	n/a	HK$18b
Jun 30 2020	n/a	n/a	HK$20b
Mar 31 2020	n/a	n/a	HK$25b
Dec 31 2019	HK$97m	HK$58m	HK$29b
Sep 30 2019	n/a	n/a	HK$30b
Jun 30 2019	n/a	n/a	HK$30b
Mar 31 2019	n/a	n/a	HK$35b
Dec 31 2018	HK$94m	HK$56m	HK$40b
Sep 30 2018	n/a	n/a	HK$40b
Jun 30 2018	n/a	n/a	HK$40b
Mar 31 2018	n/a	n/a	HK$35b
Dec 31 2017	HK$90m	HK$53m	HK$30b

Compensation vs Market: Victor's total compensation ($USD12.84M) is above average for companies of similar size in the German market ($USD4.86M).

Compensation vs Earnings: Victor's compensation has been consistent with company performance over the past year.

CEO

Victor Li (60 yo)

9.8yrs

Tenure

HK$99,860,000

Compensation

Mr. Tzar Kuoi Li, also known as Victor, B.Sc, M.Sc, LLD (Hon), is Non-Executive Director of Power Assets Holdings Limited from January 2014. He joined the Power Assets Holdings Limited on May 20, 1994. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tzar Kuoi Li	Chairman & MD	9.8yrs	HK$99.86m	0.083% € 10.9m
Edmond Tak Chuen IP	Deputy Chairman	9.9yrs	HK$30.77m	0.026% € 3.4m
Hing Lam Kam	Deputy MD & Executive Director	9.8yrs	HK$30.70m	0.0031% € 407.9k
Sun Chung	Executive Director	9.8yrs	HK$36.50m	no data
Kwok Hung Chiu	Executive Director	9.8yrs	HK$38.77m	no data
Wai Kam Chow	Executive Director	9.8yrs	HK$34.99m	no data
Yee Pau	Executive Director	9.8yrs	HK$34.35m	no data
Ka Keung Man	General Manager of Accounts Department	no data	no data	no data
Po Lung Ng	Senior Manager of Administration Department	no data	no data	no data
Hoi Wah Chow	Group General Counsel	no data	no data	no data
Lai Chee Ma	General Manager of Corporate Business Development Department	no data	no data	no data
Ka-shing Li	Senior Advisor	no data	no data	6.43% € 845.5m

9.8yrs

Average Tenure

70yo

Average Age

Experienced Management: 1CK's management team is seasoned and experienced (9.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Tzar Kuoi Li	Chairman & MD	9.9yrs	HK$99.86m	0.083% € 10.9m
Edmond Tak Chuen IP	Deputy Chairman	9.9yrs	HK$30.77m	0.026% € 3.4m
Hing Lam Kam	Deputy MD & Executive Director	9.8yrs	HK$30.70m	0.0031% € 407.9k
Sun Chung	Executive Director	9.8yrs	HK$36.50m	no data
Kwok Hung Chiu	Executive Director	9.8yrs	HK$38.77m	no data
Wai Kam Chow	Executive Director	9.8yrs	HK$34.99m	no data
Yee Pau	Executive Director	9.8yrs	HK$34.35m	no data
Siu-lin Hung	Independent Non-Executive Director	9.8yrs	HK$410.00k	0.0012% € 163.1k
Ying-Chew Cheong	Independent Non-Executive Director	9.8yrs	HK$440.00k	no data
Sow-Mei Sng	Independent Non-executive Director	2.6yrs	HK$220.00k	no data
Donald Jeffrey Roberts	Independent Non-Executive Director	7.8yrs	HK$380.00k	0.00030% € 39.5k
Stephen Edward Bradley	Independent Non-Executive Director	4.1yrs	HK$410.00k	no data

9.8yrs

Average Tenure

73yo

Average Age

Experienced Board: 1CK's board of directors are considered experienced (9.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 05:11
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CK Asset Holdings Limited is covered by 32 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
C Wong	BNP Paribas Securities (Asia)
Alfred Lau	BOCOM International Securities Limited
Karl Choi	BofA Global Research

CK Asset Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Deputy Chairman recently bought €1.1m worth of stock

CK Asset Holdings Limited Appoints Wong Yick-Ming, Rosanna as Independent Non-Executive Director and A Member of the Audit Committee, Effective from June 1, 2024

CK Asset Holdings Limited Announces Re-Designation of Ip Tak Chuen, Edmond from Deputy Managing Director to Deputy Chairman, Effective April 1,2024

CK Asset Holdings Limited, Annual General Meeting, May 23, 2024

CK Asset Holdings Limited Appoints Lee Wai Mun, Rose as Independent Non-Executive Director and A Member of the Audit Committee

CK Asset Holdings Limited Appoints Lam Siu Hong, Donny as Independent Non-Executive Director

Recent updates

Upcoming dividend of HK$0.39 per share

First half dividend of HK$0.39 announced

First half 2024 earnings released: EPS: HK$2.40 (vs HK$2.88 in 1H 2023)

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

CK Asset Holdings Limited Declares Interim Dividend for the Six Months Ended 30 June 2024, Payable on 26 September 2024

CK Asset Holdings Limited to Report First Half, 2024 Results on Aug 15, 2024

Now 23% overvalued

Deputy Chairman recently bought €1.1m worth of stock

CK Asset Holdings Limited Appoints Wong Yick-Ming, Rosanna as Independent Non-Executive Director and A Member of the Audit Committee, Effective from June 1, 2024

Now 22% undervalued after recent price drop

Upcoming dividend of HK$1.62 per share

Full year 2023 earnings released: EPS: HK$4.86 (vs HK$5.41 in FY 2022)

Now 22% undervalued after recent price drop

CK Asset Holdings Limited Announces Re-Designation of Ip Tak Chuen, Edmond from Deputy Managing Director to Deputy Chairman, Effective April 1,2024

Final dividend of HK$1.62 announced

CK Asset Holdings Limited, Annual General Meeting, May 23, 2024

Full year 2023 earnings released: EPS: HK$4.86 (vs HK$5.41 in FY 2022)

CK Asset Holdings Limited Proposes Final Dividend for the Year Ended 31 December, 2023, Payable on 13 June 2024

CK Asset Holdings Limited to Report Fiscal Year 2023 Results on Mar 21, 2024

CK Asset Holdings Limited Appoints Lee Wai Mun, Rose as Independent Non-Executive Director and A Member of the Audit Committee

Upcoming dividend of HK$0.43 per share at 5.4% yield

First half 2023 earnings released: EPS: HK$2.88 (vs HK$3.00 in 1H 2022)

New minor risk - Earnings quality

CK Asset Holdings Limited Declares Interim Dividend for the Six Months Ended June 30, 2023, Payable on September 14, 2023

Upcoming dividend of HK$1.85 per share at 4.9% yield

Full year 2022 earnings released: EPS: HK$5.41 (vs HK$5.66 in FY 2021)

CK Asset Holdings Limited Appoints Lam Siu Hong, Donny as Independent Non-Executive Director

An undisclosed buyer agreed to acquire 21 Borrett Road in Hong Kong from CK Asset Holdings Limited (SEHK:1113) for HKD 21 billion.

Less than half of directors are independent

CK Asset Holdings Limited Announces Retirement of Colin Stevens Russel as Independent Non-Executive Director and Member of the Audit Committee

Upcoming dividend of HK$0.43 per share

First half 2022 earnings released

CK Asset Holdings Limited Declares Interim Dividend, Payable on 16 September 2022

CK Asset Holdings Limited to Report First Half, 2022 Results on Aug 04, 2022

Deputy MD & Executive Director recently bought €1.9m worth of stock

CK Asset Holdings Limited Announces Board Appointments

Upcoming dividend of HK$1.79 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

CK Asset Holdings Limited to Report Fiscal Year 2021 Results on Mar 17, 2022

ESR Cayman Limited (SEHK:1821) (ESR) completed the acquisition of ARA Asset Management Limited (ARA) from a group of investors.

Insider recently bought €2.0m worth of stock

Maverick Aviation Partnership LP managed by Carlyle Aviation Partners Ltd, Investment Arm agreed to acquire Aircraft Leasing Operations of CK Asset Holdings Ltd from Li Ka Shing (Global) Foundation and CK Asset Holdings Limited (SEHK:1113) for $4.3 billion.

Insider recently bought €1.6m worth of stock

Insider recently bought €515k worth of stock

Upcoming dividend of HK$0.41 per share

First half 2021 earnings released: EPS HK$2.25 (vs HK$1.72 in 1H 2020)

Upcoming dividend of HK$1.46 per share

Full year 2020 earnings released: EPS HK$4.42 (vs HK$7.89 in FY 2019)

CK Asset Holdings Limited Provides Dividend Guidance for the Full Year of 2021 and 2022

Full year 2020 earnings released: EPS HK$4.42 (vs HK$7.89 in FY 2019)

CK Asset Holdings Limited Recommends Final Dividend in Respect of 2020, Payable on 3 June 2021

CK Asset Holdings Limited to Report Fiscal Year 2020 Results on Mar 18, 2021

New 90-day high: €4.82

CK Asset Holdings Limited Appoints Stephen Edward Bradley as an Independent Non-Executive Director, A Member of the Audit Committee and A Member of the Nomination Committee

Market bids up stock over the past week

New 90-day low: €3.92

New 90-day low: €4.27

New 90-day low - €4.34

First half earnings released

CK Asset Holdings Limited to Report First Half, 2020 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure