Chu Kong Shipping Enterprises (Group) Past Earnings Performance

Past criteria checks 4/6

Chu Kong Shipping Enterprises (Group)'s earnings have been declining at an average annual rate of -22.1%, while the Shipping industry saw earnings growing at 24.9% annually. Revenues have been growing at an average rate of 5.2% per year. Chu Kong Shipping Enterprises (Group)'s return on equity is 3.5%, and it has net margins of 4.5%.

Key information

-22.1%

Earnings growth rate

-22.2%

EPS growth rate

Shipping Industry Growth	44.0%
Revenue growth rate	5.2%
Return on equity	3.5%
Net Margin	4.5%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Chu Kong Shipping Enterprises (Group) (HKG:560) Has Re-Affirmed Its Dividend Of HK$0.02

Jun 02

Chu Kong Shipping Enterprises (Group) (HKG:560) Will Pay A Dividend Of HK$0.02

Apr 27

Chu Kong Shipping Enterprises (Group) (HKG:560) Has Announced A Dividend Of HK$0.02

Mar 25

Chu Kong Shipping Enterprises (Group) (HKG:560) Share Prices Have Dropped 60% In The Last Five Years

Dec 14

Revenue & Expenses Breakdown

How Chu Kong Shipping Enterprises (Group) makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:560 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	2,554	114	316
30 Sep 23	2,543	106	307
30 Jun 23	2,531	97	299
31 Mar 23	2,716	95	298
31 Dec 22	2,900	93	296
30 Sep 22	2,813	83	298
30 Jun 22	2,727	73	299
31 Mar 22	2,498	58	300
31 Dec 21	2,268	44	301
30 Sep 21	2,196	51	310
30 Jun 21	2,125	58	319
31 Mar 21	1,990	54	305
31 Dec 20	1,855	50	291
30 Sep 20	1,893	83	287
30 Jun 20	1,932	115	284
31 Mar 20	2,040	165	290
31 Dec 19	2,148	214	296
30 Sep 19	2,208	197	295
30 Jun 19	2,268	180	293
31 Mar 19	2,336	203	302
31 Dec 18	2,404	226	311
30 Sep 18	2,419	256	307
30 Jun 18	2,433	286	303
31 Mar 18	2,431	277	306
31 Dec 17	2,428	269	309
30 Sep 17	2,464	296	316
30 Jun 17	2,499	323	324
31 Mar 17	2,440	322	320
31 Dec 16	2,382	322	316
30 Sep 16	2,373	296	309
30 Jun 16	2,364	269	303
31 Mar 16	2,436	267	307
31 Dec 15	2,507	265	312
30 Sep 15	2,368	262	311
30 Jun 15	2,228	258	310
31 Mar 15	2,028	240	299
31 Dec 14	1,829	221	288
30 Sep 14	1,768	207	291
30 Jun 14	1,707	194	294
31 Mar 14	1,663	192	288
31 Dec 13	1,619	191	282
30 Sep 13	1,605	178	270
30 Jun 13	1,590	166	257

Quality Earnings: 560 has high quality earnings.

Growing Profit Margin: 560's current net profit margins (4.5%) are higher than last year (3.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 560's earnings have declined by 22.1% per year over the past 5 years.

Accelerating Growth: 560's earnings growth over the past year (22%) exceeds its 5-year average (-22.1% per year).

Earnings vs Industry: 560 earnings growth over the past year (22%) exceeded the Shipping industry -68.8%.

Chu Kong Shipping Enterprises (Group) Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Full year 2023 earnings released: EPS: HK$0.10 (vs HK$0.083 in FY 2022)

Full year 2023 earnings released: EPS: HK$0.10 (vs HK$0.083 in FY 2022)

Chu Kong Shipping Enterprises (Group) Company Limited to Report Fiscal Year 2023 Results on Mar 25, 2024

First half 2023 earnings released: EPS: HK$0.052 (vs HK$0.049 in 1H 2022)

Chu Kong Shipping Enterprises (Group) Company Limited to Report First Half, 2023 Results on Aug 23, 2023

Full year 2022 earnings released: EPS: HK$0.083 (vs HK$0.039 in FY 2021)

Recent updates

Full year 2023 earnings released: EPS: HK$0.10 (vs HK$0.083 in FY 2022)

Less than half of directors are independent

Chu Kong Shipping Enterprises (Group) Company Limited Announces Board Changes

Chu Kong Shipping Enterprises (Group) Company Limited, Annual General Meeting, May 29, 2024

Full year 2023 earnings released: EPS: HK$0.10 (vs HK$0.083 in FY 2022)

Chu Kong Shipping Enterprises (Group) Company Limited to Report Fiscal Year 2023 Results on Mar 25, 2024

Now 20% undervalued after recent price drop

New minor risk - Earnings quality

First half 2023 earnings released: EPS: HK$0.052 (vs HK$0.049 in 1H 2022)

Chu Kong Shipping Enterprises (Group) Company Limited to Report First Half, 2023 Results on Aug 23, 2023

Chu Kong Shipping Enterprises (Group) Company Limited Approves Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.06 per share at 3.7% yield

Full year 2022 earnings released: EPS: HK$0.083 (vs HK$0.039 in FY 2021)

Chu Kong Shipping Enterprises (Group) Company Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2022

Chu Kong Shipping Enterprises (Group) Company Limited (SEHK:560) completed the acquisition of 25% stake in Chu Kong (guangdong) International Freight Forwarding Co., Ltd. from Guangdong Provincial Port & Shipping Group Co.,Ltd.

Investor sentiment improved over the past week

Less than half of directors are independent

First half 2022 earnings released: EPS: HK$0.049 (vs HK$0.023 in 1H 2021)

Chu Kong Shipping Enterprises (Group) Company Limited to Report Q2, 2022 Results on Aug 25, 2022

Chu Kong Shipping Enterprises (Group) (HKG:560) Has Re-Affirmed Its Dividend Of HK$0.02

Chu Kong Shipping Enterprises (Group) Company Limited Declares Final Dividend for the Year Ended 31 December 2021

Upcoming dividend of HK$0.02 per share

Chu Kong Shipping Enterprises (Group) (HKG:560) Will Pay A Dividend Of HK$0.02

Less than half of directors are independent

Chu Kong Shipping Enterprises (Group) Company Limited Recommends Final Dividend for the Year Ended December 31, 2021, Payable on or around June 30, 2022

Chu Kong Shipping Enterprises (Group) (HKG:560) Has Announced A Dividend Of HK$0.02

Chu Kong Shipping Enterprises (Group) Company Limited to Report Fiscal Year 2021 Results on Mar 23, 2022

Less than half of directors are independent

Investor sentiment improved over the past week

Chu Kong Shipping Enterprises (Group) Company Limited Announces Board Changes

Chu Kong Shipping Enterprises (Group) Company Limited (SEHK:560) completed the acquisition of a 40% stake in Sun Ferry Services Company Limited from Chu Kong Shipping Enterprises (Holdings) Co., Ltd.

Chu Kong Shipping Enterprises (Group) Company Limited (SEHK:560) entered into Sale and Purchase Agreement to acquire remaining 40% stake in New World First Ferry Services Limited from Chu Kong Shipping Enterprises (Holdings) Co., Ltd. for approximately HKD 150 million.

Chairman Liezhang Huang has left the company

First half 2021 earnings released: EPS HK$0.023 (vs HK$0.016 in 1H 2020)

Upcoming dividend of HK$0.02 per share

Chu Kong Shipping Enterprises (Group) Company Limited Declares Final Dividend for the Year Ended December 31, 2020

Full year 2020 earnings released: EPS HK$0.044 (vs HK$0.19 in FY 2019)

Full year 2020 earnings released: EPS HK$0.044 (vs HK$0.19 in FY 2019)

Investor sentiment improved over the past week

Chu Kong Shipping Enterprises (Group) Company Limited to Report Fiscal Year 2020 Results on Mar 25, 2021

New 90-day high: HK$1.03

New 90-day low: HK$0.89

Chu Kong Shipping Enterprises (Group) (HKG:560) Share Prices Have Dropped 60% In The Last Five Years

New 90-day high: HK$1.03

New 90-day high: HK$1.02

First half earnings released

First half earnings released

Chu Kong Shipping Enterprises (Group) Company Limited Not to Declare an Interim Dividend for the Year Ending December 31, 2020

Chu Kong Shipping Enterprises (Group) Company Limited (SEHK:560) completed the acquisition of 60% stake in New World First Ferry Services Limited from NWS Holdings Limited (SEHK:659).

Chu Kong Shipping Enterprises (Group) Company Limited to Report First Half, 2020 Results on Aug 26, 2020

Revenue & Expenses Breakdown

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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