Asia300

Cheung Kong Property Holdings Ltd.

Hong Kong

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 53.95
Mar 23, 2017
Market cap:
Market cap(USD):
205,020.49M
26,396.30M
Shares: 3,800.19M

Currency in HKD

Company profile

Market(Ticker): HKG(1113)
Sector:
Industry:
Finance
Real Estate Development
Full time employees: 21,400

Business summary

Cheung Kong Property Holdings Ltd. operates as an investment holding company, which engages in property development. Its activities include property development and investment, hotel and serviced suite operation and property and project management. The company was founded on January 2, 2015 and is headquartered in Hong Kong.

Company background

Cheung Kong Property Holdings is one of Hong Kong's foremost property developers. It is led by Li Ka-shing, one of Asia's richest men. The company ranks among the top three based on property development revenue and has a market share of around 10% in the region's commercial real estate market. Its total assets exceed $23 billion. It engages in not only commercial properties, but also residential and industrial properties, hotel operations and project management.

The company was founded in 2015 as part of Li's broader group reorganization, with the intention of improving the group's fundraising efficiency and corporate value. The Hong Kong tycoon moved to integrate Cheung Kong Holdings and core unit Hutchison Whampoa. As a result, CK Hutchison Holdings oversees telecommunications companies, retail chains and infrastructure development operations, as well as energy and non-property assets. It grouped real estate assets into Cheung Kong Property.

Li's family and trust combined are Cheung Kong Property's largest shareholder, with a 30.15% stake. Deputy Chairman Victor Li Tzar-kuoi is Li's eldest son and successor at Cheung Kong group.

In the news

Financial highlights

Dec 2015

  • Local currency
  • US Dollar
Revenue 57,983M
Gross profit 22,413M
Operating income 21,061M
Income before tax 23,835M
Net income 17,113M
EBITDA --
Diluted EPS 4.43
Dividends per share 1.4
Total assets 371,805M
Total liabilities 102,118M
Total equity 263,096M
Operating cash flow 17,607M

Currency in HKD

Revenue 7,479.19M
Gross profit 2,891.04M
Operating income 2,716.64M
Income before tax 3,074.46M
Net income 2,207.39M
EBITDA --
Diluted EPS 0.57
Dividends per share 0.18
Total assets 47,973.90M
Total liabilities 13,176.26M
Total equity 33,947.21M
Operating cash flow 2,271.11M

Currency in USD

Valuation measures

Dec 2015

PER 11.37
ROA 6.16%
ROE 9.52%
Operating margin 36.32%
Profit margin 29.51%

Key executive

  • Deputy Chairman & Managing Director: Tzar Kuoi Li
  • Senior Manager-Information Technology Department: Man Fai Lum
  • Senior Manager-Administration Department: Shiu Yung Pau
  • Executive Director & Deputy Managing Director: Tak Chuen Ip
  • Executive Director & Deputy Managing Director: Hing Lam Kam

Share holders

  • LI FAMILY(27.0%)
  • Capital Research & Management Co. (World Investors)(3.6%)
  • LI KA SHING(3.4%)
  • Capital Research & Management Co. (Global Investors)(2.3%)
  • The Vanguard Group, Inc.(1.8%)
  • BlackRock Fund Advisors(1.1%)
  • Norges Bank Investment Management(0.9%)
  • Southeastern Asset Management, Inc.(0.8%)
  • Hang Seng Investment Management Ltd.(0.8%)
  • State Street Global Advisors Asia Ltd.(0.7%)

Address

  • Website: http://www.ckph.com.hk
  • Address: 7th Floor, Cheung Kong Center, Hong Kong, Hong Kong
  • Phone: --

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