CK Hutchison Holdings Limited (CKHUY)
OTHER OTC:CKHUY
Earnings Data
Report Date
Jul 30, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.46Last Year’s EPS
0.38Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong underlying operational performance across diversified businesses: revenue and underlying EBITDA growth, materially stronger free cash flow (102% including proceeds; +29% underlying), reduced net leverage, improved cost of debt and upgraded credit ratings. Significant value appreciation in associated investments (notably Cenovus) and successful disposals (e.g., UKPN, TPG asset sales) reinforced the balance sheet. Key challenges include large one-off/noncash items that depressed reported earnings, severe weakness in Health & Beauty China (73% EBITDA decline), telecom merger integration costs limiting near-term cash returns, and an unresolved Panama legal dispute. On balance, the positives — improved cash generation, lower leverage, strong liquidity, portfolio diversification and realized investment gains — materially outweigh the notable but contained lowlights, suggesting constructive momentum with some execution and regional risks to monitor.Company Guidance
Revenue Growth
Group revenue increased 6% year-on-year in 2025, of which ~2% was attributable to favorable foreign exchange and ~4% underlying growth (approximately HKD 19 billion incremental revenue).
Underlying Net Earnings and EPS
Underlying net earnings rose 7% year-on-year (~HKD 1.5 billion increase); management linked dividends per share primarily to underlying performance rather than reported results.
EBITDA Improvement (Underlying)
Underlying EBITDA grew to HKD 115.7 billion, up HKD 9.4 billion (~9%); ~7% was underlying operational growth and ~2% from favorable FX tailwinds.
Strong Free Cash Flow and Liquidity
Free cash flow increased 102% to HKD 41.2 billion in 2025 including cash proceeds from the VodafoneThree merger; excluding those proceeds underlying free cash flow rose 29% to HKD 26.3 billion. Group cash and liquid assets stood at HKD 151 billion.
Leverage and Credit Profile Strengthened
Net debt fell by about HKD 16 billion to ~HKD 113 billion; consolidated total net debt to net total capital improved from 16.2% (2024) to 13.9% (2025). Group average cost of debt declined from 3.6% to 3.3%, and credit ratings are now single-A (A2 Moody's, A S&P/Fitch).
Ports Division Performance
Ports revenue reached HKD 48.9 billion (+8% YoY); throughput increased 3% to 90.1 million TEUs. Ports EBITDA rose 8% reported (7% in local currency) to HKD 17.4 billion, with higher storage income supporting results.
Retail (A.S. Watson) Growth and Expansion
Retail revenue grew 10% to HKD 209.3 billion; store network reached 17,114 (+2% YoY) after 988 openings and 749 closures. Retail EBITDA was HKD 18.2 billion (+11% reported, +5% in local currency). Operating free cash flow for retail increased ~HKD 900 million to HKD 11.3 billion.
Value Creation from Associated Investments
Cenovus stake valuation roughly doubled from lows in 2024 (CAD ~15) to CAD ~32+ per share, lifting holding value from under CAD 5 billion to just over CAD 10 billion. TPG disposed assets for AUD 4.7 billion net cash (AUD 3.0 billion returned to shareholders) and repaid AUD 2.7 billion of debt.
Infrastructure Division Resilience and Realisation of Value
CKI contributed solidly (CKI EBITDA up ~6% YoY, 5% in local currency). Disposal of UK Power Networks realized value above RAV and strengthened the group's cash position; CKI remains conservatively geared with stable regulated returns.
Sustainability & Green Investment
Green spending was elevated at ~USD 1.9 billion in 2025; group continues TCFD-aligned scenario analyses, Science Based Targets validation and has governance structures for sustainability (board committee, divisional working groups).
CKHUY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CKHUY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 19, 2026 | $7.78 | $7.65 | -1.61% |
Aug 14, 2025 | $6.58 | $6.57 | -0.17% |
Mar 20, 2025 | $5.67 | $5.55 | -2.10% |
Aug 15, 2024 | $5.03 | $4.97 | -1.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CK Hutchison Holdings Limited (CKHUY) report earnings?
CK Hutchison Holdings Limited (CKHUY) is schdueled to report earning on Jul 30, 2026, TBA (Confirmed).
What is CK Hutchison Holdings Limited (CKHUY) earnings time?
CK Hutchison Holdings Limited (CKHUY) earnings time is at Jul 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CKHUY EPS forecast?
CKHUY EPS forecast for the fiscal quarter 2026 (Q2) is 0.46.