CK Asset Holdings Limited Financial Performance Overview

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CK Asset Holdings Limited has a diverse portfolio of properties, including commercial and industrial buildings, residential properties, and hotels. The company has a significant presence in Hong Kong, with a large portfolio of properties in the city.

CK Asset Holdings Limited generated a revenue of HK$43.3 billion in 2020, with a profit attributable to shareholders of HK$14.3 billion. This is a testament to the company's strong financial performance.

The company's diversified portfolio has contributed to its financial stability, with a low gearing ratio of 0.35 as of 2020. This indicates that the company has a manageable level of debt.

Performance

Let's take a look at the performance of CK Asset Holdings. As of 9/24/2025, the trailing total returns include dividends or other distributions.

CK Asset Holdings' performance is benchmarked against the HANG SENG INDEX (^HSI).

Broaden your view: CK Hutchison Holdings

-4.48%

The performance of a stock can be a major concern for investors. The current stock has seen a decline of -4.48% recently.

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This drop in value may be attributed to various market factors. The stock's previous close was at 36.540.

The stock's open price was slightly higher at 36.880. Its bid price is currently at 36.660.

The stock's ask price is at 36.680. This indicates a relatively stable market for buying and selling.

The stock's day's range is between 36.420 and 36.880. This shows a significant fluctuation in the stock's price.

Here are the key statistics for the stock's performance:

Performance Overview: 1113.HK

As of September 24, 2025, the trailing total returns for 1113.HK include dividends or other distributions. The benchmark used for comparison is the HANG SENG INDEX (^HSI).

The company's financial health is strong, with total assets of HKD 681.5 billion as of the end of 2022. This is a significant amount of assets, indicating a solid foundation for the company's operations.

The company's total liabilities are HKD 384.2 billion, which is a manageable amount compared to its total assets. This suggests that the company has a good balance of assets and liabilities.

Credit: youtube.com, 1113.HK CK Asset Holding: break out of triangle

The company's equity is HKD 297.3 billion, which is a substantial amount indicating a strong ownership structure. This equity can be used to fund future growth and investments.

The company's net profit is HKD 15.6 billion, which is a significant amount indicating a profitable business model. This net profit can be used to reward shareholders through dividends or to reinvest in the business.

The company's operating margin is 50%, which is a high percentage indicating efficient operations. This operating margin can be used to fund future growth and investments.

Here is a summary of the company's financial metrics:

The company's market capitalization is approximately HKD 128.372 billion as of the current intraday price. This is a significant amount indicating a large market capitalization.

Financials

CK Asset Holdings has a total cash of $32.43 billion as of the most recent quarter. This significant cash reserve provides a solid foundation for the company's financial stability.

Broaden your view: Cash and Cash Equivalents

Credit: youtube.com, CK Asset Sells Aircraft-leasing Businesses for $4.28B

Their debt-to-equity ratio is 14.60%, indicating a relatively moderate level of debt compared to equity. This suggests that the company has a manageable level of debt that won't compromise its financial health.

Here are some key financial metrics for CK Asset Holdings:

  • Total Assets: HKD 681.5 billion
  • Total Liabilities: HKD 384.2 billion
  • Equity: HKD 297.3 billion
  • Net Profit: HKD 15.6 billion
  • Operating Margin: 50%
  • Return on Equity (ROE): 5.2%
  • Debt-to-Equity Ratio: 1.29

Their operating margin of 50% is impressive, indicating that the company is highly efficient in its operations and able to maintain a significant profit margin.

(1113.HK)

I'd like to tell you about the Hong Kong-listed company 1113.HK. It's a significant player in the financial sector.

1113.HK is a subsidiary of the large financial services company, China Merchants Bank. Their stock is listed on the Hong Kong Stock Exchange.

Their main business is providing a wide range of financial services, including corporate and retail banking, investment banking, and asset management. They aim to meet the diverse needs of their customers.

1113.HK has a strong presence in China, with a network of branches and subsidiaries across the country.

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Financial Highlights

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CK Asset Holdings has seen a significant shift in its earnings exposure, with a growing reliance on recurring contributions from commercial properties, pub operations, and infrastructure investments.

The company's profit margin has improved to 23.80%, a notable increase from previous years.

CK Asset's diversified business model has helped buffer the risks associated with new home sales in Hong Kong and mainland China.

Here are some key financial highlights for CK Asset Holdings:

CK Asset's strong financial health is reflected in its operating margin, which has reached an impressive 50%.

The company's return on equity (ROE) has also been steady, coming in at 5.2%.

CK Asset's total cash position stands at HKD 32.43 billion, providing a solid foundation for future growth.

The company's debt-to-equity ratio is relatively manageable at 1.29, indicating a moderate level of leverage.

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Sales by Activity

Sales by Activity is a crucial aspect of CK Asset Holdings Limited's financials. The company's sales have been steadily increasing over the years, with a significant jump in 2021.

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In 2021, the company's Pub Operation sales reached a record high of $14.28B. This is a notable increase from the previous year's $9.53B.

CK Asset Holdings Limited's sales by activity can be broken down into several key areas: Pub Operation, Property Sales, Property Rental, Hotel and Serviced Suite Operation, Property and Project Management, and Aircraft Leasing. Here's a brief overview of each:

  • Pub Operation: $9.53B (2020), $14.28B (2021), $20.94B (2022), $23.22B (2023), $24.42B (2024)
  • Property Sales: $38.65B (2020), $37.76B (2021), $25.71B (2022), $13.15B (2023), $9.96B (2024)
  • Property Rental: $6.6B (2020), $6.54B (2021), $5.7B (2022), $5.76B (2023), $5.99B (2024)
  • Hotel and Serviced Suite Operation: $2.04B (2020), $2.69B (2021), $3.21B (2022), $4.36B (2023), $4.37B (2024)
  • Property and Project Management: $798M (2020), $816M (2021), $782M (2022), $760M (2023), $789M (2024)
  • Aircraft Leasing: $2.2B (2020), (no data available for 2021-2024)

It's worth noting that while the company's sales have been increasing, some areas have seen a decline in recent years. For example, Property Sales have decreased from $38.65B in 2020 to $9.96B in 2024.

Valuation

CK Asset Holdings' valuation is a crucial aspect to consider for investors.

The company's market capitalization is a staggering 133 billion dollars.

CK Asset Holdings has a forward P/E ratio of 8.52, indicating a relatively low valuation compared to its peers.

The enterprise value of CK Asset Holdings is 152 billion dollars.

The price-to-earnings ratio (P/E) is a key metric to evaluate a company's valuation.

Here's an interesting read: Total Assets - Total Equity / Total Assets

Credit: youtube.com, CK Asset Holdings Limited 2022 Annual Results Analysts Meeting

CK Asset Holdings' P/E ratio is 9.84x for 2025 and 9.77x for 2026.

Here's a summary of CK Asset Holdings' valuation metrics:

CK Asset Holdings' enterprise value is expected to be 2.971 billion dollars in 2025.

The company's free-float is 51.31%, indicating a relatively high level of liquidity.

Real Estate

CK Asset Holdings is a major player in the Hong Kong real estate market. The company has a significant presence in the city's property market, with a focus on luxury residential and commercial developments.

CK Asset engages in both residential and commercial property development, with the residential segment accounting for around 65% of total income. Their luxury residential projects have seen selling prices soar up to HKD 60,000 (USD 7,700) per square foot in certain districts.

CK Asset's property development activities are a key driver of the company's revenue. In fact, the company's property sales have generated significant revenue over the years, with figures ranging from HKD 13.15B to HKD 38.65B annually.

Here are some key statistics on CK Asset's property sales:

Geographical Sales Breakdown

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In the world of real estate, understanding the geographical sales breakdown can be a crucial factor in making informed investment decisions. CK Asset Holdings Limited, a prominent player in the industry, provides a fascinating glimpse into this aspect.

The company's sales figures reveal a significant presence in the United Kingdom, with a staggering 10.79B in sales for the fiscal period ending in 2020, which more than doubled to 21.6B in 2021.

A closer look at the UK market shows a consistent growth trend, with sales reaching 29.78B in 2022 and 24.64B in 2023, before rebounding to 26.73B in 2024.

CK Asset Holdings Limited's sales in Hong Kong, on the other hand, have been more volatile, peaking at 23.8B in 2021 before declining to 14.6B in 2024.

Here's a breakdown of CK Asset Holdings Limited's geographical sales figures for the fiscal periods ending in 2020 to 2024:

These figures demonstrate the significant impact of geographical location on sales performance, highlighting the importance of understanding market trends and regional fluctuations in the real estate industry.

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Real Estate Development & Operations

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CK Asset Holdings Ltd is a major player in Hong Kong's real estate market. Their residential segment accounts for around 65% of total income, making them a significant force in the industry.

CK Asset engages in both residential and commercial property development. Their focus on quality and luxury market segments makes them resilient to economic fluctuations.

CK Asset's residential projects have seen selling prices soar up to HKD 60,000 (USD 7,700) per square foot in certain districts. This is a testament to their ability to adapt to changing market conditions.

CK Asset has partnered with Sun Hung Kai to develop projects in Hong Kong. One such project is a CK Asset, Sun Hung Kai-developed project that will put up five flats for sale.

Homebuyers in Hong Kong are eager to snap up flats, even in the face of typhoons. A recent rate cut has led to a surge in demand, with homebuyers braving typhoon signals to secure their dream homes.

Here's a snapshot of CK Asset's sales by activity:

CK Asset's sales figures demonstrate their diversification in the real estate market, with a strong presence in various segments.

Ownership and Management

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CK Asset Holdings has a significant ownership structure, with CK Hutchison Holdings Limited holding a 55.4% stake in the company. CK Hutchison is controlled by Li Ka-Shing, who has a direct impact on CK Asset's operations.

The company's major shareholders include CK Hutchison and the public float, which accounts for 44.6% of the company. CK Hutchison's controlling stake gives it a significant influence over CK Asset's strategic direction.

CK Asset's management team is led by Tzar Kuoi Li, who serves as the CEO and Chairman of the company. Other key members of the management team include Po Lung Ng, ADM, and Man Fai Lum, CTO. The company's executive committee also includes Chuen Kit Chan, COO, and Hing Lam Kam, PRN.

Who Owns

CK Asset Holdings Limited has a unique ownership structure, with CK Hutchison Holdings Limited owning a significant 55.4% stake. This controlling stakeholder, Li Ka-Shing, has a substantial influence over CK Asset's strategic direction.

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CK Hutchison Holdings Limited, through Li Ka-Shing's investment vehicles, controls approximately 46% of CK Hutchison. This directly impacts CK Asset's operations, making it a crucial aspect of the company's management.

The remaining 44.6% of CK Asset's ownership is held by public float, with shares distributed among various investors. This public ownership structure adds diversity and investment opportunities for individual investors.

CK Asset's major shareholders include CK Hutchison Holdings Limited and public float, with the exact breakdown as follows:

This ownership structure is essential for understanding CK Asset's management dynamics and its commitment to returning value to shareholders.

Managers and Directors

CK Asset Holdings Limited has a diverse team of managers and directors who oversee the company's operations. Tzar Kuoi Li serves as the CEO and Chairman, having taken on the role of CEO in 2015 and Chairman in 2018.

The management team includes Po Lung Ng, who has been with the company since 1993, and Man Fai Lum, who joined in 2000. Chuen Kit Chan, the Chief Operating Officer, has been with the company since 1995.

Here is a breakdown of the key managers and directors:

The company's directors include Hing Lam Kam, Tak Chuen Ip, and Tzar Kuoi Li, who is also the Chairman.

Investment and Management

Credit: youtube.com, CK Asset Holdings Limited 2023 Annual Results Analysts Presentation

CK Asset Holdings is involved in diverse investments, including infrastructure and hospitality sectors. This segment generated approximately HKD 6.8 billion (USD 870 million) in revenue during 2022.

The company owns a portfolio of hotels and serviced apartments that cater to both business and leisure travelers. As part of its strategic financial management, CK Asset Holdings has maintained a debt-to-equity ratio of approximately 0.4 in 2022, which is favorable compared to industry averages.

CK Asset Holdings is also making a push towards sustainability by incorporating green technologies into its new developments, with over 20% of its new developments aligning with environmentally conscious consumers.

Investment and Management

CK Asset Holdings is a company that's making a name for itself in the investment and management space. It has a diverse portfolio of investments, including infrastructure and hospitality sectors.

CK Asset owns a significant number of hotels and serviced apartments that cater to both business and leisure travelers. This segment generated approximately HKD 6.8 billion in revenue during 2022.

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The company is also investing in renewable energy projects, which is a great step towards sustainable practices. Over 20% of its new developments incorporate green technologies, appealing to environmentally conscious consumers.

CK Asset Holdings has been strategic about its financial management, limiting its debt levels to maintain a favorable debt-to-equity ratio. This ratio is approximately 0.4, which is a great achievement compared to industry averages.

This prudent fiscal stance allows the company to sustain its operations and pursue growth opportunities without over-leveraging.

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Investment and Management

CK Asset Holdings Limited has received price target adjustments from Jefferies.

Jefferies adjusted the price target for CK Asset to HK$34 from HK$35 and kept the recommendation at Hold on July 24, 2022.

Jefferies also adjusted the price target for CK Asset Holdings to HK$46 from HK$47 and kept the recommendation at Hold on August 4, 2022.

CK Asset Holdings Limited has had two price target adjustments from Jefferies in the past.

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News and Insights

Credit: youtube.com, Citi Maintains Neutral Rating on CK Asset (01113.HK): UK Rails Special Dividend Unlikely

CK Asset Holdings has been making headlines in recent months with several significant developments.

CK Asset Holdings has announced the sale of five flats for sale in a project developed with Sun Hung Kai. This is a notable move in the Hong Kong property market.

Homebuyers in Hong Kong have been showing resilience in the face of challenging market conditions, with some even braving typhoon signals to secure flats after a rate cut. This shows the strong demand for housing in the city.

The company has also begun selling the final batch of flats in its Blue Coast II project. This marks the end of a significant development in the company's portfolio.

CK Asset Holdings has been actively managing its equity, with an equity buyback plan announced in June 2024. The plan expired in May 2025, with 11 million shares repurchased for HKD 330.75 million.

The company has also raised HKD 2 billion via a debt offering in July 2025. This move demonstrates its ability to access capital markets.

Credit: youtube.com, Bloomberg - Interview with Li Ka-Shing | 彭博2016年专访李嘉诚

Here is a summary of the key developments mentioned:

  • CK Asset Holdings announced the sale of five flats in a project developed with Sun Hung Kai.
  • The company began selling the final batch of flats in its Blue Coast II project.
  • CK Asset Holdings repurchased 11 million shares as part of its equity buyback plan.
  • The company raised HKD 2 billion via a debt offering in July 2025.

CK Asset Holdings has also reported its earnings results for the half year ended June 30, 2025, with its attributable profit falling. This may have implications for the company's future operations.

The company has declared an interim dividend of HKD 0.39 per share, payable on September 25, 2025. This is a positive development for shareholders.

Frequently Asked Questions

What is the credit rating of CK asset holdings?

CK Asset Holdings has an "A" (Local Currency LT) credit rating, indicating a strong creditworthiness. The rating is affirmed by S&P Global Ratings with a stable outlook.

Lynette Kessler

Lead Writer

Lynette Kessler is a seasoned writer with a keen eye for detail and a passion for creating informative content. With a focus on business and finance, she has established herself as a trusted voice in the industry. Her expertise spans a range of topics, from product liability insurance to business insurance costs.

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