CK Asset Holdings Limited (CNGKY) Stock

About CK Asset Holdings Limited

CK Asset Holdings Limited operates as a prominent international real estate enterprise, specializing in property development. Its extensive geographical reach covers Hong Kong, mainland China, Singapore, the United Kingdom, continental Europe, Australia, Canada, and the United States. The company's activities encompass a broad spectrum, including the rental of various property types such as office, industrial, and retail spaces. It also actively invests in and develops residential real estate. Beyond its core property ventures, CK Asset Holdings manages hospitality assets, specifically pubs, hotels, and serviced apartment complexes. Moreover, the firm provides a suite of additional services, including property and project management, aircraft leasing, strategic investments in infrastructure and utility operations, financial services, and real estate agency functions. Established in 2015, CK Asset Holdings Limited is headquartered in Central, Hong Kong. The company rebranded to its current name in September 2017, having previously operated under the designation Cheung Kong Property Holdings Limited.

CK Asset Holdings Limited is headquartered in HK.

CK Asset Holdings Limited (CNGKY) stock trades at $11.36 with a market capitalization of $19.87B. The stock is valued at a price-to-earnings (P/E) ratio of 11.85, price-to-book of 0.39, price-to-sales of 2.10. Over the past 52 weeks the stock has ranged between $9.18 and $15.33, and currently trades 25.9% below its 52-week high. It pays a dividend yielding 1.85%.

On profitability, CK Asset Holdings Limited generates a return on equity (ROE) of 3.39%, return on capital employed of 2.36%, an operating margin of 15.45%, a net profit margin of 18.13%.

In its most recent fiscal year, CK Asset Holdings Limited reported annual revenue of $59.7B, net profit of $11.1B, revenue has compounded at 0.7% a year over the last five years, profit at -8.0% a year.

The balance sheet shows a debt-to-equity ratio of 0.14 — a conservative balance sheet with little leverage risk, a current ratio of 6.87, total assets of $509.4B, $41.7B in cash and equivalents.

CNGKY has an average daily trading volume of 6,085 shares, a beta of 0.59 (less volatile than the overall market).

Official website: www.ckah.com