DB:CKW

Stock Analysis Report

Chu Kong Shipping Enterprises (Group)

Executive Summary

Chu Kong Shipping Enterprises (Group) Company Limited, an investment holding company, engages in terminal navigation logistics, high-speed waterway passenger transportation, and fuel supply businesses in Hong Kong, Mainland China, and Macau.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • Chu Kong Shipping Enterprises (Group) is not covered by any analysts.

Share Price & News

How has Chu Kong Shipping Enterprises (Group)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.1%

DB:CKW

-3.3%

DE Shipping

-1.1%

DE Market


1 Year Return

-7.3%

DB:CKW

15.6%

DE Shipping

-8.5%

DE Market

CKW matched the Shipping industry (-7.1%) over the past year.

CKW outperformed the Market in Germany which returned -8.3% over the past year.


Share holder returns

CKWIndustryMarket
7 Day-1.1%-3.3%-1.1%
30 Day1.1%9.8%-0.4%
90 Day-6.3%35.3%-4.0%
1 Year-2.0%-7.3%16.2%15.6%-5.6%-8.5%
3 Year-9.0%-21.6%121.7%114.4%18.3%8.1%
5 Year32.0%5.3%0%0%26.9%9.4%

Price Volatility Vs. Market

How volatile is Chu Kong Shipping Enterprises (Group)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Chu Kong Shipping Enterprises (Group) undervalued based on future cash flows and its price relative to the stock market?

8.06x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Chu Kong Shipping Enterprises (Group)'s share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Chu Kong Shipping Enterprises (Group)'s share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Chu Kong Shipping Enterprises (Group) is good value based on earnings compared to the Europe Shipping industry average.

Chu Kong Shipping Enterprises (Group) is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Chu Kong Shipping Enterprises (Group), we can't assess if its growth is good value.


Price Based on Value of Assets

Chu Kong Shipping Enterprises (Group) is good value based on assets compared to the Europe Shipping industry average.


Next Steps

Future Growth

How is Chu Kong Shipping Enterprises (Group) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Chu Kong Shipping Enterprises (Group) is high growth as no revenue estimate data is available.

Chu Kong Shipping Enterprises (Group)'s earnings are expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).

Unable to compare Chu Kong Shipping Enterprises (Group)'s revenue growth to the Germany market average as no estimate data is available.

Chu Kong Shipping Enterprises (Group)'s earnings growth is positive but not above the Germany market average.

Chu Kong Shipping Enterprises (Group)'s earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Chu Kong Shipping Enterprises (Group) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Chu Kong Shipping Enterprises (Group) performed over the past 5 years?

6.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Chu Kong Shipping Enterprises (Group)'s year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Chu Kong Shipping Enterprises (Group)'s 1-year earnings growth is negative, it can't be compared to the 5-year average.

Chu Kong Shipping Enterprises (Group)'s 1-year earnings growth is negative, it can't be compared to the Europe Shipping industry average.


Return on Equity

Chu Kong Shipping Enterprises (Group) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Chu Kong Shipping Enterprises (Group) used its assets less efficiently than the Europe Shipping industry average last year based on Return on Assets.


Return on Capital Employed

Chu Kong Shipping Enterprises (Group)'s use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Chu Kong Shipping Enterprises (Group)'s financial position?


Financial Position Analysis

Chu Kong Shipping Enterprises (Group) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Chu Kong Shipping Enterprises (Group)'s cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Chu Kong Shipping Enterprises (Group)'s level of debt (8.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (21.6% vs 8.2% today).

Debt is well covered by operating cash flow (73.7%, greater than 20% of total debt).

Chu Kong Shipping Enterprises (Group) earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 5.9x debt.


Next Steps

Dividend

What is Chu Kong Shipping Enterprises (Group)'s current dividend yield, its reliability and sustainability?

5.49%

Current Dividend Yield


Dividend Yield and Payments Analysis

Chu Kong Shipping Enterprises (Group)'s pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).

Chu Kong Shipping Enterprises (Group)'s dividend is above the markets top 25% of dividend payers in Germany (3.85%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.3x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Chu Kong Shipping Enterprises (Group)'s salary, the management and board of directors tenure and is there insider trading?

1.0yrs

Average management tenure


CEO

Qiang Wu (53yo)

0.8yrs

Tenure

HK$1,137,312

Compensation

Mr. Qiang Wu has been Managing Director and Executive Director at Chu Kong Shipping Enterprises (Group) Company Limited since September 17, 2018. Mr. Wu served as Executive Deputy General Manager at Chu Ko ...


CEO Compensation Analysis

Qiang's remuneration is lower than average for companies of similar size in Germany.

Insufficient data for Qiang to compare compensation growth.


Management Age and Tenure

1.0yrs

Average Tenure

52.5yo

Average Age

The average tenure for the Chu Kong Shipping Enterprises (Group) management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.0yrs

Average Tenure

53yo

Average Age

The average tenure for the Chu Kong Shipping Enterprises (Group) board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Liezhang Huang (52yo)

    Chairman

    • Compensation: HK$1.61m
  • Maggie Cheung (52yo)

    Deputy GM of the Capital operation Department & Company Secretary

  • Buli Leng (55yo)

    Deputy GM & Executive Director

    • Tenure: 1.0yrs
    • Compensation: HK$978.91k
  • Wanan Huang (45yo)

    Financial Controller

    • Tenure: 2.9yrs
  • Jie Chen (53yo)

    Deputy GM & Executive Director

    • Tenure: 1.0yrs
    • Compensation: HK$660.87k
  • Qiang Wu (53yo)

    MD & Executive Director

    • Tenure: 0.8yrs
    • Compensation: HK$1.14m

Board Members

  • Liezhang Huang (52yo)

    Chairman

    • Tenure: 1.7yrs
    • Compensation: HK$1.61m
  • Lai Man Yau (55yo)

    Independent Non-Executive Director

    • Tenure: 14.5yrs
    • Compensation: HK$200.00k
  • Kay-Cheung Chan (73yo)

    Independent Non-Executive Director

    • Tenure: 21.3yrs
    • Compensation: HK$320.00k
  • Jie Chen (53yo)

    Deputy GM & Executive Director

    • Tenure: 1.0yrs
    • Compensation: HK$660.87k
  • Bing Sing Chow (69yo)

    Independent Non-Executive Director

    • Tenure: 8.1yrs
    • Compensation: HK$200.00k
  • Qiang Wu (53yo)

    MD & Executive Director

    • Tenure: 0.8yrs
    • Compensation: HK$1.14m
  • Meihua Ye (48yo)

    Non-Executive Director

    • Tenure: 1.0yrs
  • Buli Leng (55yo)

    Deputy GM & Executive Director

    • Tenure: 1.0yrs
    • Compensation: HK$978.91k
  • Wuwei Liu (47yo)

    Deputy GM & Executive Director

    • Tenure: 1.0yrs
    • Compensation: HK$602.87k

Company Information

Chu Kong Shipping Enterprises (Group) Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chu Kong Shipping Enterprises (Group) Company Limited
  • Ticker: CKW
  • Exchange: DB
  • Founded:
  • Industry: marine
  • Sector: transportation
  • Market Cap: HK$1.839b
  • Listing Market Cap: HK$209.554m
  • Shares outstanding: 1.12b
  • Website: Click here

Number of Employees


Location

  • Chu Kong Shipping Enterprises (Group) Company Limited
  • Chu Kong Shipping Tower
  • 24th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
560SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 1997
CKWDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1997

Biography

Chu Kong Shipping Enterprises (Group) Company Limited, an investment holding company, engages in terminal navigation logistics, high-speed waterway passenger transportation, and fuel supply businesses in H ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/18 21:07
End of Day Share Price2019/07/18 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.