CK Asset Holdings (SHSC:1113) - Stock Price, News & Analysis

1113 Stock Overview

Operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada. More details

1113 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	0/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 1% below our estimate of its fair value

Revenue is forecast to grow 15.7% per year

Trading at good value compared to peers and industry

Risk Analysis

Large one-off items impacting financial results

Dividend of 6.38% is not well covered by free cash flows

CK Asset Holdings Limited Competitors

China Overseas Land & Investment

SEHK:688

HK$144.0b

Longfor Group Holdings

SEHK:960

HK$74.1b

Henderson Land Development

SEHK:12

HK$118.4b

China Resources Land

SEHK:1109

HK$161.2b

Price History & Performance

Summary of all time highs, changes and price drops for CK Asset Holdings
Historical stock prices
Current Share Price	HK$31.50
52 Week High	HK$39.90
52 Week Low	HK$29.00
Beta	0.64
11 Month Change	-3.37%
3 Month Change	2.27%
1 Year Change	-20.25%
33 Year Change	-32.26%
5 Year Change	-39.48%
Change since IPO	-52.42%

Recent updates

Shareholder Returns

	1113	HK Real Estate	HK Market
7D	-0.2%	-0.3%	1.6%
1Y	-20.3%	-13.7%	10.1%

Return vs Industry: 1113 underperformed the Hong Kong Real Estate industry which returned -13.7% over the past year.

Return vs Market: 1113 underperformed the Hong Kong Market which returned 10.1% over the past year.

Price Volatility

Is 1113's price volatile compared to industry and market?
1113 volatility
1113 Average Weekly Movement	4.1%
Real Estate Industry Average Movement	10.1%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.0%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 1113 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1113's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2015	58,000	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, residential, and other properties; property investment and development activities; and pub, and hotel and serviced suite operation businesses. 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?
1113 fundamental statistics
Market cap	HK$110.24b
Earnings (TTM)	HK$15.61b
Revenue (TTM)	HK$44.65b

7.1x

P/E Ratio

2.5x

P/S Ratio

Is 1113 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1113 income statement (TTM)
Revenue	HK$44.65b
Cost of Revenue	HK$20.58b
Gross Profit	HK$24.07b
Other Expenses	HK$8.46b
Earnings	HK$15.61b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.46
Gross Margin	53.92%
Net Profit Margin	34.97%
Debt/Equity Ratio	14.0%

How did 1113 perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

46%

Payout Ratio

1113 Stock Overview

Rewards

Risk Analysis

CK Asset Holdings Limited Competitors

SEHK:688

HK$144.0b

SEHK:960

HK$74.1b

SEHK:12

HK$118.4b

SEHK:1109

HK$161.2b

Price History & Performance

Recent News & Updates

Upcoming dividend of HK$0.39 per share

First half dividend reduced to HK$0.39

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

Recent updates

Upcoming dividend of HK$0.39 per share

First half dividend reduced to HK$0.39

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 20% overvalued

Deputy Chairman recently bought HK$9.0m 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 20% 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)

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 reduced to HK$1.62

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 Announces Retirement of Chow Nin Mow, Albert as an Independent Non-Executive Director and Member of the Audit Committee

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

Independent Non-Executive Director recently sold HK$6.4m worth of stock

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)

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

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

First half 2022 earnings released

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

Deputy MD & Executive Director recently bought HK$16m worth of stock

CK Asset Holdings Limited Announces Board Appointments

Upcoming dividend of HK$1.79 per share

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 HK$18m 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 HK$14m worth of stock

Insider recently bought HK$4.7m 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: HK$45.90

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

New 90-day high: HK$42.95

New 90-day low: HK$37.55

New 90-day low - HK$41.10

Upcoming Dividend of HK$0.34 Per Share

First half earnings released

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