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Producer Manufacturing

CK Hutchison Holdings Ltd.

  • 80.00 HKD
  • +0.05
  • +0.06%
  • Hong Kong
    Nov 14, 2018
  • Ticker
    HKG(1)
  • Prev. close
    79.95
  • Market cap (HKD)
    308,306.40M
  • Market cap (USD)
    39,361.26M
  • Shares
    3,856.24M

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

CK Hutchison Holdings Ltd. is an investment holding company, which engages in the development, innovation, operation and investment in different business sectors. It operates through the following segments: Ports and Related Services; Retail; Infrastructure; Husky Energy and Telecommunications. The company was founded on December 12, 2014 and is headquartered in Hong Kong.

Financial Highlights

Dec 2017 HKDUSD
Revenue248,515M31,890.26M
Gross Profit80,393M10,316.29M
Operating income32,748M4,202.33M
Income before tax46,418M5,956.51M
Net income35,100M4,504.14M
EBITDA49,425M6,342.37M
Diluted EPS9.101.16
Dividends Per Share2.850.36
Total Assets1,100.25B140,746.16M
Total liabilities538,189M68,845.89M
Total equity430,056M55,013.36M
Operating cash flow52,404M6,724.65M
Currency in HKDCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 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 2013Dec 2014Dec 2015Dec 2016Dec 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
PER10.78
ROA3.32%
ROE8.51%
Operating margin13.17%
Profit margin14.12%

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. (1.7%)
  • BlackRock Fund Advisors (1.3%)
  • First State Investment Management (UK) Ltd. (1.3%)
  • Templeton Global Advisors Ltd. (1.0%)
  • Norges Bank Investment Management (0.9%)
  • State Street Global Advisors Asia Ltd. (0.7%)
  • Southeastern Asset Management, Inc. (0.6%)
  • Comgest SA (0.6%)
  • T. Rowe Price International Ltd. (0.5%)

Contact Details

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

Related Companies

  • Crest Apex Ltd.
  • Karachi International Container Terminal Ltd.
  • CK Hutchison Europe Finance (18) Ltd.
  • CK Hutchison International (17) II Ltd.
  • CK Hutchison Capital Securities (17) Ltd.
  • CK Hutchison International (17) Ltd.
  • Wind Tre SpA
  • CK Capital Investment Ltd.
  • Casaurina Investments Ltd.
  • CK Hutchison International (16) Ltd.
  • CK Hutchison Finance (16) (II) Ltd.
  • Hutchison Finance (16) Ltd.
  • CK Hutchison Finance (16) Ltd.
  • Hutchison Travel Ltd.
  • Hutchison Whampoa (China) Commerce Ltd.
  • CK Hutchison Global Investments Ltd.
  • Fumark Investment Ltd.
  • Hutchison Telecommunications Hong Kong Holdings Limited
  • CK Infrastructure Holdings Limited
  • Hutchison Telecommunications (Australia) Limited
  • Hutchison China MediTech Limited
  • Northumbrian Water Group Limited
  • Hutchison Whampoa Limited

Competitors

  • CK Infrastructure Holdings Limited
  • HKT Trust and HKT Ltd
  • PT Telekomunikasi Indonesia, Tbk Class B
  • Telekom Austria AG
  • BT Group plc
  • PT Sumber Alfaria Trijaya
  • Grupo TMM SAB Class A
  • Sunrise Communications Group Ltd.
  • Nippon Yusen Kabushiki Kaisha
  • DP World
  • Hong Kong Television Network Ltd.
  • Azrieli Group Ltd.
  • Infrastrutture Wireless Italiane S.p.A.
  • Jumei International Holding Ltd Sponsored ADR Class A
  • Pacific Century Premium Developments Limited
Last Updated on 14 Nov, 2018

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