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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 Analysis

Flawless balance sheet average dividend payer.

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

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


Market Performance


7 Day Return

-5.3%

CKW

4.4%

DE Shipping

2.6%

DE Market


1 Year Return

-45.1%

CKW

8.1%

DE Shipping

8.1%

DE Market

Return vs Industry: CKW underperformed the German Shipping industry which returned 6.3% over the past year.

Return vs Market: CKW underperformed the German Market which returned 6.4% over the past year.


Shareholder returns

CKWIndustryMarket
7 Day-5.3%4.4%2.6%
30 Day-14.3%1.4%0.6%
90 Day-14.3%-15.7%11.5%
1 Year-41.6%-45.1%9.7%8.1%10.5%8.1%
3 Year-44.7%-53.1%-9.6%-20.3%6.3%-2.1%
5 Year-56.2%-66.3%1.8%-17.0%15.2%-0.3%

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 compared to its fair value and its price relative to the market?

4.71x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CKW (€0.09) is trading above our estimate of fair value (€0.07)

Significantly Below Fair Value: CKW is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CKW is good value based on its PE Ratio (4.7x) compared to the XE Shipping industry average (21.3x).

PE vs Market: CKW is good value based on its PE Ratio (4.7x) compared to the German market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CKW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CKW is good value based on its PB Ratio (0.3x) compared to the XE Shipping industry average (0.7x).


Next Steps

Future Growth

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

27.9%

Forecasted Transportation industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Chu Kong Shipping Enterprises (Group) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

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

-3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CKW has a large one-off gain of HK$54.0M impacting its December 31 2019 financial results.

Growing Profit Margin: CKW's current net profit margins (10%) are higher than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: CKW's earnings have declined by 3.8% per year over the past 5 years.

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

Earnings vs Industry: CKW had negative earnings growth (-5.3%) over the past year, making it difficult to compare to the Shipping industry average (-5.1%).


Return on Equity

High ROE: CKW's Return on Equity (6.7%) is considered low.


Next Steps

Financial Health

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


Financial Position Analysis

Short Term Liabilities: CKW's short term assets (HK$1.7B) exceed its short term liabilities (HK$664.8M).

Long Term Liabilities: CKW's short term assets (HK$1.7B) exceed its long term liabilities (HK$262.0M).


Debt to Equity History and Analysis

Debt Level: CKW's debt to equity ratio (7.9%) is considered satisfactory.

Reducing Debt: CKW's debt to equity ratio has reduced from 19.8% to 7.9% over the past 5 years.

Debt Coverage: CKW's debt is well covered by operating cash flow (61%).

Interest Coverage: CKW earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

6.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CKW's dividend (6.67%) is higher than the bottom 25% of dividend payers in the German market (1.25%).

High Dividend: CKW's dividend (6.67%) is in the top 25% of dividend payers in the German market (3.8%)


Stability and Growth of Payments

Stable Dividend: CKW's dividend payments have been volatile in the past 10 years.

Growing Dividend: CKW's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.4%), CKW's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Qiang Wu (54 yo)

1.92yrs

Tenure

HK$1,499,000

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

Compensation vs Market: Qiang's total compensation ($USD193.41K) is below average for companies of similar size in the German market ($USD478.39K).

Compensation vs Earnings: Qiang's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Liezhang Huang
Chairman2.75yrsHK$1.86mno data
Qiang Wu
MD & Executive Director1.92yrsHK$1.50mno data
Wuwei Liu
Deputy GM & Executive Director2.08yrsHK$898.00kno data
Jie Chen
Deputy GM & Executive Director2.08yrsHK$910.00kno data
Wanan Huang
Financial Controller4yrsno datano data
Jun Zhou
Deputy General Manager0.33yrno datano data
Mei Ki Cheung
Deputy GM of the Capital operation Department & Company Secretary8.33yrsno datano data

3.0yrs

Average Tenure

53yo

Average Age

Experienced Management: CKW's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Liezhang Huang
Chairman2.75yrsHK$1.86mno data
Qiang Wu
MD & Executive Director1.92yrsHK$1.50mno data
Wuwei Liu
Deputy GM & Executive Director2.08yrsHK$898.00kno data
Jie Chen
Deputy GM & Executive Director2.08yrsHK$910.00kno data
Lai Man Yau
Independent Non-Executive Director15.58yrsHK$200.00kno data
Kay-Cheung Chan
Independent Non-Executive Director22.33yrsHK$320.00kno data
Bing Sing Chow
Independent Non-Executive Director9.17yrsHK$200.00kno data
Yan Zhong
Non-Executive Director0.33yrno datano data

2.4yrs

Average Tenure

54yo

Average Age

Experienced Board: CKW's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$1.009b
  • Listing Market Cap: HK$110.458m
  • Shares outstanding: 1.12b
  • Website: https://www.cksd.com

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 Analysis2020/08/07 21:11
End of Day Share Price2020/08/07 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.