CK Infrastructure Holdings Past Earnings Performance

Past criteria checks 4/6

CK Infrastructure Holdings's earnings have been declining at an average annual rate of -4%, while the Electric Utilities industry saw earnings declining at 3.6% annually. Revenues have been declining at an average rate of 3.1% per year. CK Infrastructure Holdings's return on equity is 6.2%, and it has net margins of 134.3%.

Key information

-4.0%

Earnings growth rate

-4.0%

EPS growth rate

Electric Utilities Industry Growth	-7.2%
Revenue growth rate	-3.1%
Return on equity	6.2%
Net Margin	134.3%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How CK Infrastructure Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSC:1038 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	6,032	8,099	0
31 Mar 24	6,403	8,063	0
31 Dec 23	6,774	8,027	0
30 Sep 23	7,214	7,803	0
30 Jun 23	7,653	7,578	0
31 Mar 23	7,597	7,663	0
31 Dec 22	7,540	7,748	0
30 Sep 22	7,396	8,331	0
30 Jun 22	7,252	8,913	0
31 Mar 22	7,350	8,214	0
31 Dec 21	7,448	7,515	0
30 Sep 21	7,691	7,493	0
30 Jun 21	7,933	7,471	0
31 Mar 21	7,775	7,396	0
31 Dec 20	7,617	7,320	0
30 Sep 20	7,429	7,372	0
30 Jun 20	7,240	7,423	0
31 Mar 20	7,614	8,965	0
31 Dec 19	7,988	10,506	0
30 Sep 19	7,924	10,475	0
30 Jun 19	7,860	10,444	0
31 Mar 19	7,687	10,444	0
31 Dec 18	7,513	10,443	0
30 Sep 18	7,518	10,492	2
30 Jun 18	7,523	10,541	3
31 Mar 18	7,158	10,399	3
31 Dec 17	6,792	10,256	3
30 Sep 17	6,363	10,019	410
30 Jun 17	5,933	9,782	817
31 Mar 17	5,912	9,709	817
31 Dec 16	5,891	9,636	817
30 Sep 16	5,839	10,528	796
30 Jun 16	5,787	11,420	774
31 Mar 16	5,926	11,291	774
31 Dec 15	6,065	11,162	774
30 Sep 15	6,298	12,039	776
30 Jun 15	6,530	12,916	777
31 Mar 15	6,456	22,349	777
31 Dec 14	6,381	31,782	777
30 Sep 14	6,295	31,186	693
30 Jun 14	6,208	30,589	609
31 Mar 14	5,870	21,114	609
31 Dec 13	5,532	11,639	609

Quality Earnings: 1038 has high quality earnings.

Growing Profit Margin: 1038's current net profit margins are higher than last year (99%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1038's earnings have declined by 4% per year over the past 5 years.

Accelerating Growth: 1038's earnings growth over the past year (6.9%) exceeds its 5-year average (-4% per year).

Earnings vs Industry: 1038 earnings growth over the past year (6.9%) exceeded the Electric Utilities industry 4%.

Return on Equity

High ROE: 1038's Return on Equity (6.2%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 22:18
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CK Infrastructure Holdings Limited is covered by 28 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Yiu Kei Tung	BNP Paribas Securities (Asia)
Cissy Guan	BofA Global Research
Siti Bte Salikin	CFRA Equity Research

CK Infrastructure Holdings Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First half 2024 earnings released: EPS: HK$1.71 (vs HK$1.68 in 1H 2023)

CK Infrastructure Holdings Limited to Report First Half, 2024 Results on Aug 14, 2024

Full year 2023 earnings released: EPS: HK$3.19 (vs HK$3.08 in FY 2022)

Full year 2023 earnings released: EPS: HK$3.19 (vs HK$3.08 in FY 2022)

CK Infrastructure Holdings Limited to Report Q4, 2023 Results on Mar 20, 2024

First half 2023 earnings released: EPS: HK$1.68 (vs HK$1.75 in 1H 2022)

Recent updates

Thames Water Receives Buyout Offer from Investment Group Covalis Capital

Upcoming dividend of HK$0.72 per share

First half dividend increased to HK$0.72

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.

First half 2024 earnings released: EPS: HK$1.71 (vs HK$1.68 in 1H 2023)

CK Infrastructure Holdings Limited to Report First Half, 2024 Results on Aug 14, 2024

Upcoming dividend of HK$1.85 per share

Full year 2023 earnings released: EPS: HK$3.19 (vs HK$3.08 in FY 2022)

CK Infrastructure Holdings Limited, Annual General Meeting, May 22, 2024

Full year 2023 earnings released: EPS: HK$3.19 (vs HK$3.08 in FY 2022)

CK Infrastructure Holdings Limited Proposes Final Dividend for the Year Ended December 31, 2023, Payable on 12 June 2024

CK Infrastructure Holdings Limited to Report Q4, 2023 Results on Mar 20, 2024

CK Infrastructure Holdings Limited Announces Management Changes, Effective 10th February, 2024

Greencoat Reportedly Eyes Deal for Toucan Energy Services

Upcoming dividend of HK$0.71 per share at 6.6% yield

First half 2023 earnings released: EPS: HK$1.68 (vs HK$1.75 in 1H 2022)

CK Infrastructure Holdings Limited Declares Interim Dividend for the Six Months Ended 30 June, 2023, Payable on 13 September 2023

CK Infrastructure Holdings Limited Announces the Cessation of Chow Woo Mo Fong, Susan as Alternate Director, Effective July 1, 2023

CK Infrastructure Holdings Limited Elects Victor T K Li as Director

Upcoming dividend of HK$1.83 per share at 5.4% yield

Full year 2022 earnings released: EPS: HK$3.08 (vs HK$2.98 in FY 2021)

CKI Reportedly in Hunt for Vector Metering

CK Infrastructure Holdings Limited Announces Board and Committee Changes

Upcoming dividend of HK$0.70 per share

CK Infrastructure Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable 15 September 2022

First half 2022 earnings released: EPS: HK$1.75 (vs HK$1.20 in 1H 2021)

CK Infrastructure Holdings Limited to Report First Half, 2022 Results on Aug 03, 2022

Upcoming dividend of HK$1.81 per share

Now 20% undervalued

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

CK Infrastructure Holdings Limited to Report Fiscal Year 2021 Results on Mar 16, 2022

CKI Reportedly Bows Out of Competition for A Share of $4.1 Billion Pluto Train 2 Development

Upcoming dividend of HK$0.69 per share

First half 2021 earnings released: EPS HK$1.20 (vs HK$1.14 in 1H 2020)

Upcoming dividend of HK$1.79 per share

Full year 2020 earnings released: EPS HK$2.91 (vs HK$4.17 in FY 2019)

Full year 2020 earnings released: EPS HK$2.91 (vs HK$4.17 in FY 2019)

CK Infrastructure Holdings Limited Recommends Final Dividend, Payable on June 2, 2021

CK Infrastructure Holdings Limited to Report Fiscal Year 2020 Results on Mar 17, 2021

New 90-day high: HK$46.00

New 90-day high: HK$43.15

New 90-day high: HK$41.25

New 90-day low: HK$36.15

New 90-day low - HK$38.10

First half earnings released

Ventient Energy Sàrl enter into a Quota Sale and Purchase Agreement to acquire Portugal Renewable Energy from CK Infrastructure Holdings Limited (SEHK:1038) and Power Assets Holdings Limited (SEHK:6)

First half earnings released

CK Infrastructure Holdings Limited to Report First Half, 2020 Results on Aug 05, 2020

New 90-day low - HK$38.65

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

Discover strong past performing companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources