CK Infrastructure Holdings (1038) AI Stock Analysis

• Market Cap: HK$153.94B
• Dividend Yield: 4.5%
• Average Volume (3M): 2.01M
• Price to Earnings (P/E): 16.7
• Beta (1Y): 0.07
• Revenue Growth: -10.67%
• EPS Growth: 0.65%
• Country: HK
• Employees: 2,358
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Electric
• EPS (TTM): 1.55
• Shares Outstanding: 2,519,610,800
• 10 Day Avg. Volume: 2,204,296
• 30 Day Avg. Volume: 2,009,375
• PEG Ratio: 19.07
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 29.14
• P/FCF Ratio: 91.57
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$72.72
• Price Target Upside: 13.28% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): 3.8
• Revenue Forecast (FY): HK$4.91B

• Rating: 72 Outperform
• Price Target: HK$72.00 ▲(12.15% Upside)
• Action: Upgraded Date: 10/23/25
• Date: Action: Upgraded 10/23/25

CK Infrastructure Holdings scores well due to its strong financial stability and attractive valuation. However, technical indicators suggest a neutral to slightly bearish short-term trend, and declining revenue and cash flow metrics highlight potential growth and liquidity challenges.

Positive Factors

Strong balance sheet

A high equity ratio and declining debt levels indicate prudent leverage management and stronger solvency. That enhances long-term financial flexibility to fund capex, support JV investments, and withstand revenue volatility without urgent refinancing, preserving strategic optionality.

Negative Factors

Declining revenue trend

A multi-year revenue decline undermines scale and could compress future earnings potential. Persistent top-line weakness limits reinvestment capacity, may pressure margins in some segments, and reduces the pool of internally generated funds for acquisitions or network expansions.

CK Infrastructure Holdings Business Overview & Revenue Model

Company Description

CK Infrastructure Holdings Limited, an infrastructure company, develops, invests in, operates, and commercializes infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and t...

Read more

CK Infrastructure Holdings Limited, an infrastructure company, develops, invests in, operates, and commercializes infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and t...

How the Company Makes Money

CK Infrastructure generates revenue through a variety of key streams, primarily by investing in and managing a portfolio of infrastructure assets that provide essential services. The company earns income from regulated utility operations, includin...

Read more

CK Infrastructure generates revenue through a variety of key streams, primarily by investing in and managing a portfolio of infrastructure assets that provide essential services. The company earns income from regulated utility operations, includin...

CK Infrastructure Holdings Financial Statement Overview

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.11B	4.99B	5.99B	6.62B	7.05B	7.18B
Gross Profit	1.36B	2.66B	1.73B	3.53B	2.42B	3.17B
EBITDA	9.60B	9.94B	9.86B	9.28B	8.94B	3.84B
Net Income	8.15B	8.12B	8.03B	7.75B	7.51B	7.32B
Balance Sheet
Total Assets	164.62B	157.84B	165.87B	165.87B	163.00B	167.41B
Cash, Cash Equivalents and Short-Term Investments	4.72B	8.11B	13.08B	18.05B	8.09B	13.48B
Total Debt	20.71B	19.54B	24.57B	28.56B	40.12B	32.93B
Total Liabilities	29.39B	26.59B	32.60B	46.37B	47.04B	55.85B
Stockholders Equity	135.16B	131.16B	133.18B	119.39B	115.83B	111.44B
Cash Flow
Free Cash Flow	1.55B	1.59B	3.50B	6.64B	7.47B	8.15B
Operating Cash Flow	1.91B	1.97B	3.85B	7.12B	7.83B	8.36B
Investing Cash Flow	3.66B	3.18B	2.41B	14.87B	-1.04B	7.00B
Financing Cash Flow	-10.03B	-10.12B	-11.22B	-6.19B	-12.19B	-7.62B

CK Infrastructure Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 64.20
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1038, the sentiment is Positive. The current price of 64.2 is above the 20-day moving average (MA) of 63.92, below the 50-day MA of 64.23, and above the 200-day MA of 56.07, indicating a neutral trend. The MACD of -0.34 indicates Positive momentum. The RSI at 52.03 is Neutral, neither overbought nor oversold. The STOCH value of 61.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1038.

CK Infrastructure Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1038	72 Outperform	HK$153.94B	16.68	6.45%	4.50%	-10.67%	0.65%
0002	72 Outperform	HK$187.84B	16.48	9.82%	4.54%	2.02%	51.27%
2688	70 Outperform	HK$74.19B	12.01	12.60%	4.30%	-3.19%	-2.68%
0836	68 Neutral	HK$97.54B	6.06	12.76%	5.89%	1.42%	-10.32%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
0003	64 Neutral	HK$135.47B	23.00	9.73%	4.94%	0.36%	2.55%
0006	62 Neutral	HK$135.01B	18.85	6.94%	5.15%	-24.63%	1.74%

CK Infrastructure Holdings Corporate Events