Asia300

CK Hutchison Holdings Ltd.

Hong Kong

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 97.8
Mar 23, 2017
Market cap:
Market cap(USD):
377,280.96M
48,574.77M
Shares: 3,857.67M

Currency in HKD

Company profile

Market(Ticker): HKG(1)
Sector:
Industry:
Producer Manufacturing
Industrial Conglomerates
Full time employees: 270,000

Business summary

CK Hutchison Holdings Ltd. engages in the operation of ports and provision of related services. It operates through the following segments: Ports and Related Services, Retail, Infrastructure, Energy and Telecommunications, Finance and Investments, and Others. The company was founded on December 12, 2014 and is headquartered in Hong Kong.

Company background

CK Hutchison Holdings runs a broad range of businesses, from telecommunications and retail to energy and infrastructure. The Hong Kong conglomerate operates in more than 50 countries. Chairman Li Ka-shing has long been known as Asia's richest man.

The company was created in 2015 through a merger of two holding entities -- Cheung Kong (Holdings) and Hutchison Whampoa. As part of the reorganization, CK Hutchison spun off real estate businesses in Hong Kong and China into a new company, Cheung Kong Property Holdings.

Major CK Hutchison group members include 3 Group Europe, a mobile communications company; A.S. Watson Group, a retailer that runs around 10,000 drugstores, supermarkets and other shops in Asia and Europe; Husky Energy, an energy developer based in Canada; and Hutchison Port Holdings, which controls more than 50 container terminals worldwide.

In 2015, CK Hutchison acquired O2 UK, Britain's second-largest mobile service provider. The conglomerate actively pursues acquisitions, mainly targeting regulated industries that generate stable cash flow.

The group's history goes back to the 1950s, when Li established Cheung Kong Industries. The company started out manufacturing plastic flowers. Li developed it into a real estate investment business, and in 1979, Cheung Kong acquired British trading house Hutchison Whampoa.

The chairman has maintained close relationships with successive generations of high-ranking Chinese Communist Party officials. Li's first-born son, Deputy Chairman Victor Li Tzar-kuoi, appears almost certain to succeed him.

In the news

Financial highlights

Dec 2015

  • Local currency
  • US Dollar
Revenue 166,760M
Gross profit 56,357M
Operating income 56,357M
Income before tax 33,629M
Net income 38,189M
EBITDA 65,786M
Diluted EPS 14.23
Dividends per share 2.55
Total assets 1,032.94B
Total liabilities 518,986M
Total equity 393,435M
Operating cash flow 31,250M

Currency in HKD

Revenue 21,510.27M
Gross profit 7,269.45M
Operating income 7,269.45M
Income before tax 4,337.78M
Net income 4,925.97M
EBITDA 8,485.69M
Diluted EPS 1.83
Dividends per share 0.32
Total assets 133,280.50M
Total liabilities 66,964.63M
Total equity 50,764.82M
Operating cash flow 4,030.91M

Currency in USD

Valuation measures

Dec 2015

PER 7.35
ROA 5.12%
ROE 9.69%
Operating margin 33.79%
Profit margin 22.90%

Key executive

  • Deputy Chairman & Group Co-Managing Director: Tzar Kuoi Li
  • Group Co-Managing Director & Executive Director: Kin Ning Fok
  • Executive Director & Group Finance Director: Frank John Sixt
  • Senior Manager-Information Technology: Man Fai Lum
  • Senior Manager-Administration: Shiu Yung Pau

Share holders

  • LI FAMILY(28.3%)
  • LI KA SHING(1.7%)
  • The Vanguard Group, Inc.(1.5%)
  • T. Rowe Price Associates, Inc.(1.0%)
  • BlackRock Fund Advisors(0.9%)
  • Norges Bank Investment Management(0.9%)
  • Invesco Advisers, Inc.(0.8%)
  • Hang Seng Investment Management Ltd.(0.8%)
  • First State Investment Management (UK) Ltd.(0.8%)
  • State Street Global Advisors Asia Ltd.(0.7%)

Address

  • Website: http://www.ckh.com.hk
  • Address: 22nd Floor, Hutchison House, 10 Harcourt Road, Hong Kong, Hong Kong
  • Phone: +852..2128.1188

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