CK Asset Holdings (DB:1CK) - Stock Price, News & Analysis

1CK Stock Overview

CK Asset Holdings Limited operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada.

About the company

1CK fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	2/6
Past Performance	1/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 25% below our estimate of its fair value

Earnings are forecast to grow 4.6% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 29.3%

Risk Analysis

Large one-off items impacting financial results

Dividend of 6.59% is not well covered by cash flows

CK Asset Holdings Limited Competitors

Instone Real Estate Group

XTRA:INS

€377.8m

CR Energy

XTRA:CRZK

€139.6m

China Overseas Land & Investment

SEHK:688

HK$126.1b

Deutsche EuroShop

XTRA:DEQ

€1.5b

Price History & Performance

Summary of all time highs, changes and price drops for CK Asset Holdings
Historical stock prices
Current Share Price	HK$3.62
52 Week High	HK$5.40
52 Week Low	HK$3.56
Beta	0.71
1 Month Change	-2.05%
3 Month Change	-8.02%
1 Year Change	-30.97%
3 Year Change	-28.35%
5 Year Change	-49.36%
Change since IPO	-53.02%

Recent updates

Shareholder Returns

	1CK	DE Real Estate	DE Market
7D	-0.2%	-1.9%	-1.7%
1Y	-31.0%	6.7%	-0.2%

Return vs Industry: 1CK underperformed the German Real Estate industry which returned 5.3% over the past year.

Return vs Market: 1CK underperformed the German Market which returned 0.9% over the past year.

Price Volatility

Is 1CK's price volatile compared to industry and market?
1CK volatility
1CK Average Weekly Movement	5.6%
Real Estate Industry Average Movement	5.1%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.0%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 1CK has not had significant price volatility in the past 3 months.

Volatility Over Time: 1CK's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2015	57,000	Victor Li	www.ckah.com

CK Asset Holdings Limited operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada. The company is involved in the leasing of office, industrial, retail, and other properties; property investment and development; and pub, and hotel and serviced suite operations. It also provides property and project management, finance, and property agency services, as well as invests in infrastructure and utility asset operation.

CK Asset Holdings Limited Fundamentals Summary

How do CK Asset Holdings's earnings and revenue compare to its market cap?
1CK fundamental statistics
Market cap	€13.08b
Earnings (TTM)	€2.08b
Revenue (TTM)	€5.66b

6.3x

P/E Ratio

2.3x

P/S Ratio

Is 1CK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1CK income statement (TTM)
Revenue	HK$47.24b
Cost of Revenue	HK$22.12b
Gross Profit	HK$25.13b
Other Expenses	HK$7.79b
Earnings	HK$17.34b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	4.94
Gross Margin	53.18%
Net Profit Margin	36.70%
Debt/Equity Ratio	13.7%

How did 1CK perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

42%

Payout Ratio

Does 1CK pay a reliable dividends?

See 1CK dividend history and benchmarks

When do you need to buy 1CK by to receive an upcoming dividend?
CK Asset Holdings dividend dates
Ex Dividend Date	May 28 2024
Dividend Pay Date	Jun 13 2024
Days until Ex dividend	37 days
Days until Dividend pay date	53 days

Does 1CK pay a reliable dividends?

See 1CK dividend history and benchmarks

1CK Stock Overview

Rewards

Risk Analysis

CK Asset Holdings Limited Competitors

XTRA:INS

€377.8m

XTRA:CRZK

€139.6m

SEHK:688

HK$126.1b

XTRA:DEQ

€1.5b

Price History & Performance

Recent News & 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)

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

Shareholder Returns

Price Volatility

About the Company

CK Asset Holdings Limited Fundamentals Summary

6.3x

2.3x

Earnings & Revenue

Dividends

6.6%

42%