CK Asset Holdings Past Earnings Performance

Past criteria checks 1/6

CK Asset Holdings's earnings have been declining at an average annual rate of -13.3%, while the Real Estate industry saw earnings growing at 2.8% annually. Revenues have been declining at an average rate of 6% per year. CK Asset Holdings's return on equity is 4.4%, and it has net margins of 36.7%.

Key information

-13.3%

Earnings growth rate

-12.7%

EPS growth rate

Real Estate Industry Growth	-2.1%
Revenue growth rate	-6.0%
Return on equity	4.4%
Net Margin	36.7%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How CK Asset Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:1CK Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	47,243	17,340	10,685
30 Sep 23	45,189	18,184	10,303
30 Jun 23	45,231	19,027	9,921
31 Mar 23	50,786	19,327	9,876
31 Dec 22	56,341	19,627	9,830
30 Jun 22	74,547	23,615	10,107
31 Mar 22	68,321	22,220	9,082
31 Dec 21	62,094	20,824	8,056
30 Jun 21	51,637	17,522	6,991
31 Mar 21	54,630	16,632	6,979
31 Dec 20	57,623	15,742	6,967
30 Sep 20	72,310	18,349	6,246
30 Jun 20	84,794	20,366	5,519
31 Mar 20	83,588	24,750	4,986
31 Dec 19	82,382	29,134	4,452
30 Sep 19	71,399	29,813	4,115
30 Jun 19	60,416	30,492	3,778
31 Mar 19	55,392	35,305	3,826
31 Dec 18	50,368	40,117	3,873
30 Sep 18	47,886	40,010	3,836
30 Jun 18	45,403	39,903	3,799
31 Mar 18	51,475	35,014	3,803
31 Dec 17	57,546	30,125	3,807
30 Sep 17	64,263	27,955	3,916
30 Jun 17	70,979	25,784	4,025
31 Mar 17	70,140	22,600	4,008
31 Dec 16	69,300	19,415	3,990
30 Sep 16	68,046	19,122	3,957
30 Jun 16	66,792	18,829	3,923
31 Mar 16	62,036	17,971	3,199
31 Dec 15	57,280	17,113	2,475
30 Sep 15	43,646	17,720	1,606
30 Jun 15	30,012	18,326	737
31 Mar 15	27,025	17,697	631
31 Dec 14	24,038	17,068	525
31 Dec 13	17,011	14,152	556

Quality Earnings: 1CK has a large one-off gain of HK$4.3B impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: 1CK's current net profit margins (36.7%) are higher than last year (34.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1CK's earnings have declined by 13.3% per year over the past 5 years.

Accelerating Growth: 1CK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1CK had negative earnings growth (-11.7%) over the past year, making it difficult to compare to the Real Estate industry average (-15.7%).

Return on Equity

High ROE: 1CK's Return on Equity (4.4%) is considered low.

Return on Assets

Return on Capital Employed

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CK Asset Holdings Past Earnings Performance

Past criteria checks 1/6

Key information

Recent past performance updates

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

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

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

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

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

First half 2022 earnings released

Recent updates

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

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
Beta