CK Asset Holdings (HK:1113)
:1113
Want to see HK:1113 full AI Analyst Report?
Top Page
CK Asset Holdings
(1113)
Select Model
Select Model
Rating:74Outperform
Price Target:
HK$53.00
▲(13.15% Upside)
Action:ReiteratedDate:04/21/26
The score is driven primarily by strong financial stability (low leverage) alongside a 2025 revenue rebound, partially tempered by uneven earnings and historically volatile cash flow. Technicals are constructive with the price above key moving averages, while valuation looks reasonable with a moderate P/E and a supportive dividend yield.
Positive Factors
Low leverage / strong balance sheet
A very low, stable leverage profile materially reduces refinancing and liquidity risk common in property cycles. This conservative capital structure preserves optionality to fund development, make selective acquisitions, or sustain dividends during downturns, supporting multi-quarter resilience.
Negative Factors
Earnings trend & margin volatility
Declining earnings from recent peaks and pronounced margin variability reduce profit predictability for a developer. This complicates capital allocation and investor visibility; persistent margin swings can impair long-term return targets and raise the sensitivity of earnings to cost or price shifts.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
A very low, stable leverage profile materially reduces refinancing and liquidity risk common in property cycles. This conservative capital structure preserves optionality to fund development, make selective acquisitions, or sustain dividends during downturns, supporting multi-quarter resilience.
Read all positive factors
CK Asset Holdings (1113) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$169.88B
Dividend Yield4.33%
Average Volume (3M)4.29M
Price to Earnings (P/E)12.4
Beta (1Y)0.72
Revenue Growth27.01%
EPS Growth-20.16%
CountryHK
Employees55,000
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)1.30
Shares Outstanding3,499,778,300
10 Day Avg. Volume4,315,637
30 Day Avg. Volume4,288,852
Financial Highlights & Ratios
PEG Ratio-0.61
Price to Book (P/B)0.35
Price to Sales (P/S)2.30
P/FCF Ratio8.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$52.62Price Target Upside12.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)3.81
Revenue Forecast (FY)HK$60.67B
CK Asset Holdings Business Overview & Revenue Model
Company Description
CK Asset Holdings Limited operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, Canada, and the United States. The company is involved in the leasing of office, industrial, retai...
How the Company Makes Money
CK Asset Holdings primarily makes money through (1) property development sales and (2) recurring income from investment properties, supplemented by hospitality-related operations. (1) Property development: the company develops real estate projects...
CK Asset Holdings Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
82
Very Positive
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 59.84B | 45.53B | 47.24B | 56.34B | 62.09B |
| Gross Profit | 57.64B | 23.91B | 25.13B | 28.28B | 35.26B |
| EBITDA | 18.70B | 12.01B | 23.84B | 19.90B | 28.73B |
| Net Income | 11.13B | 13.94B | 17.63B | 21.97B | 21.48B |
Balance Sheet | |||||
| Total Assets | 509.50B | 501.78B | 508.88B | 514.82B | 556.71B |
| Cash, Cash Equivalents and Short-Term Investments | 41.74B | 36.07B | 42.48B | 61.20B | 63.37B |
| Total Debt | 64.54B | 57.63B | 60.72B | 62.02B | 110.91B |
| Total Liabilities | 108.75B | 101.58B | 109.45B | 129.04B | 178.37B |
| Stockholders Equity | 396.44B | 395.60B | 385.84B | 387.56B | 379.16B |
Cash Flow | |||||
| Free Cash Flow | 16.20B | 9.59B | -1.36B | 4.23B | 21.96B |
| Operating Cash Flow | 18.67B | 11.81B | 1.04B | 6.69B | 25.15B |
| Investing Cash Flow | 1.27B | -4.45B | -4.02B | 44.70B | -6.65B |
| Financing Cash Flow | -13.42B | -13.64B | -11.99B | -55.87B | -15.22B |
CK Asset Holdings Technical Analysis
Positive
46.84
Price Trends
46.64
Positive
43.89
Positive
40.42
Positive
Market Momentum
0.48
Negative
51.30
Neutral
74.07
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1113, the sentiment is Positive. The current price of 46.84 is above the 20-day moving average (MA) of 46.16, above the 50-day MA of 46.64, and above the 200-day MA of 40.42, indicating a bullish trend. The MACD of 0.48 indicates Negative momentum. The RSI at 51.30 is Neutral, neither overbought nor oversold. The STOCH value of 74.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1113.
CK Asset Holdings Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$396.71B | 6.70 | 3.55% | 3.89% | 4.66% | 26.27% | |
74 Outperform | HK$169.88B | 12.36 | 2.75% | 4.33% | 27.01% | -20.16% | |
67 Neutral | HK$118.29B | 15.34 | 2.20% | 5.62% | 30.32% | -1.37% | |
66 Neutral | HK$229.62B | 3.64 | 8.80% | 5.18% | 2.11% | -0.55% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
54 Neutral | HK$135.50B | 7.48 | 3.54% | 4.54% | -9.39% | -19.08% | |
51 Neutral | HK$73.16B | -34.25 | 0.03% | 1.76% | -9.23% | ― |
* Real Estate Sector Average
HK:1113
CK Asset Holdings
48.46
18.62
62.42%
HK:0688
China Overseas Land & Investment
12.41
-1.04
-7.76%
HK:1109
China Resources Land
31.38
6.30
25.12%
HK:0083
Sino Land Co
12.33
4.94
66.76%
HK:0016
Sun Hung Kai Properties
136.40
66.33
94.65%
HK:0004
Wharf (Holdings)
23.70
5.04
27.02%
CK Asset Holdings Corporate Events
CK Asset Sets 2026 AGM to Approve Fees and Share Issuance Mandate
Apr 17, 2026
CK Asset Holdings has called its Annual General Meeting for 21 May 2026, to be held as a hybrid physical and online event in Hong Kong, with contingency arrangements in place for severe weather disruptions. Shareholders will review the audited fin...
CK Asset Calls April 2026 EGM to Approve Connected Disposal
Apr 8, 2026
CK Asset Holdings has called an extraordinary general meeting for 27 April 2026, to be held in hybrid format in Hong Kong and online, to seek shareholder approval for a connected transaction involving the disposal of certain shareholdings and shar...
CK Asset Proposes HK$1.39 Final Dividend for 2025
Mar 19, 2026
CK Asset Holdings Limited has proposed a final ordinary dividend of HK$1.39 per share for the financial year ended 31 December 2025, with shareholder approval scheduled for 21 May 2026. Subject to approval, the shares will trade ex-dividend on 27 ...
CK Asset Lifts Dividend as Core Profit Edges Higher, Shifts Portfolio Amid Market Recovery
Mar 19, 2026
CK Asset Holdings reported a marginal 2.7% rise in profit before investment property revaluation to HK$11.96 billion in 2025, though net profit attributable to shareholders fell 20.3% to HK$10.85 billion due to negative revaluation effects. Earnin...
CK Asset Sets March Board Meeting to Approve 2025 Results and Final Dividend
Mar 5, 2026
CK Asset Holdings has scheduled a board meeting in Hong Kong on 19 March 2026 to approve the annual results for the financial year ended 31 December 2025. The board will also consider the payment of a final dividend, indicating that shareholders m...
CK Asset to Exit UK Power Networks Stake in Connected Disposal
Feb 25, 2026
CK Asset Holdings has agreed, via its indirect wholly owned unit CKA Sub, to sell its 20% stake in UK Power Networks as part of a broader transaction in which partners CKI and PAH are also disposing of their respective interests, transferring 100%...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.