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CK Hutchison Holdings Ltd.
- 80.35 HKD
- -2.15
- -2.61%
Hong Kong
Mar 20, 2019Ticker
HKG(1)Prev. close
82.50Market cap (HKD)
318,139.84MMarket cap (USD)
40,527.62MShares
3,856.24M
In the news
- Asia's highest paid CEOs trump US execs in pay rankings Dec 19, 2018
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- Hong Kong market closes lower on worries about Italy and trade May 30, 2018
- Xiaomi out to prove it can compete beyond emerging markets May 29, 2018
- Inheriting Li Ka-shing's empire: The two men to watch May 18, 2018 See more articles on CK Hutchison Holdings Ltd.
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.
Business Summary
Financial Highlights
| Dec 2017 | HKD | USD |
| Revenue | 248,515M | 31,890.26M |
| Gross Profit | 80,393M | 10,316.29M |
| Operating income | 32,748M | 4,202.33M |
| Income before tax | 46,418M | 5,956.51M |
| Net income | 35,100M | 4,504.14M |
| EBITDA | 49,425M | 6,342.37M |
| Diluted EPS | 9.10 | 1.16 |
| Dividends Per Share | 2.85 | 0.36 |
| Total Assets | 1,100.25B | 140,746.16M |
| Total liabilities | 538,189M | 68,845.89M |
| Total equity | 430,056M | 55,013.36M |
| Operating cash flow | 52,404M | 6,724.65M |
| Currency in HKD | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 18,763M | 26,384M | 166,760M | 259,842M | 248,515M |
| Gross Profit | 8,846M | 11,496M | 56,357M | 90,339M | 80,393M |
| Operating income | 7,919M | 10,658M | 56,357M | 36,915M | 32,748M |
| Income before tax | 16,074M | 17,591M | 33,629M | 46,463M | 46,418M |
| Net income | 35,260M | 53,869M | 38,189M | 33,008M | 35,100M |
| EBITDA | 8,244M | 11,051M | 65,786M | 52,513M | 49,425M |
| Diluted EPS | 15.22 | 23.26 | 14.23 | 8.55 | 9.10 |
| Dividends Per Share | 3.48 | 3.65 | 2.55 | 2.68 | 2.85 |
| Total Assets | 428,837M | 457,941M | 1,032.94B | 1,013.46B | 1,100.25B |
| Total liabilities | 56,016M | 60,939M | 518,986M | 499,785M | 538,189M |
| Total equity | 369,729M | 394,145M | 393,435M | 394,169M | 430,056M |
| Operating cash flow | 8,842M | 12,551M | 31,250M | 36,128M | 52,404M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 2,418.95M | 3,402.33M | 21,510.27M | 33,474.19M | 31,890.26M |
| Gross Profit | 1,140.44M | 1,482.45M | 7,269.45M | 11,637.93M | 10,316.29M |
| Operating income | 1,020.93M | 1,374.39M | 7,269.45M | 4,755.58M | 4,202.33M |
| Income before tax | 2,072.28M | 2,268.43M | 4,337.78M | 5,985.60M | 5,956.51M |
| Net income | 4,545.78M | 6,946.64M | 4,925.97M | 4,252.26M | 4,504.14M |
| EBITDA | 1,062.83M | 1,425.07M | 8,485.69M | 6,764.99M | 6,342.37M |
| Diluted EPS | 1.96 | 2.99 | 1.83 | 1.10 | 1.16 |
| Dividends Per Share | 0.44 | 0.47 | 0.32 | 0.34 | 0.36 |
| Total Assets | 55,307.04M | 59,052.20M | 133,280.50M | 130,716.54M | 140,746.16M |
| Total liabilities | 7,224.37M | 7,858.17M | 66,964.63M | 64,462.18M | 68,845.89M |
| Total equity | 47,683.89M | 50,825.61M | 50,764.82M | 50,839.85M | 55,013.36M |
| Operating cash flow | 1,139.92M | 1,618.50M | 4,030.91M | 4,654.19M | 6,724.65M |
Valuation Measures
| Dec 2017 | |
| PER | 10.78 |
| ROA | 3.32% |
| ROE | 8.51% |
| Operating margin | 13.17% |
| Profit margin | 14.12% |
Key executives
- 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
- Executive Director & Deputy Managing Director: Tak Chuen Ip
- Executive Director & Deputy Managing Director: Hing Lam Kam
Shareholders
- LI FAMILY (30.0%)
- The Vanguard Group, Inc. (1.8%)
- BlackRock Fund Advisors (1.3%)
- First State Investment Management (UK) Ltd. (1.3%)
- Templeton Global Advisors Ltd. (1.2%)
- Norges Bank Investment Management (1.0%)
- State Street Global Advisors Asia Ltd. (0.6%)
- Southeastern Asset Management, Inc. (0.6%)
- T. Rowe Price International Ltd. (0.5%)
- CAPFI DELEN Asset Management SA (0.5%)
Contact Details
- Website:http://www.ckh.com.hk
- Address: 48th Floor, Cheung Kong Center, 2 Queen's Road Central, Hong Kong, Hong Kong
- Phone: +852..2128.1188
Related Companies
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- Karachi International Container Terminal Ltd.
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- Wastewater Management Holdings Ltd.
- Hutchison Telecommunications Hong Kong Holdings Limited
- CK Infrastructure Holdings Limited
- Hutchison Telecommunications (Australia) Limited
- Cheung Kong (Holdings) Limited
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- Northumbrian Water Group Limited
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Competitors
- CK Infrastructure Holdings Limited
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- Sunrise Communications Group Ltd.
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- DP World PLC
- Hong Kong Television Network Ltd.
- Allscripts Healthcare Solutions, Inc.
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Last Updated on 20 Mar, 2019