Ratings CK Asset Holdings Limited

Equities

1113

KYG2177B1014

Market Closed - Hong Kong S.E. Other stock markets 04:08:05 2024-05-31 am EDT			5-day change	1st Jan Change
30.85 ^HKD	-0.80%		-9.40%	-21.30%

May. 31	CK Asset Holdings Limited Appoints Wong Yick-Ming, Rosanna as Independent Non-Executive Director and A Member of the Audit Committee, Effective from June 1, 2024	CI
May. 14	Ck Asset Offers Discounts on Some Hong Kong Properties	MT

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The group's activity appears highly profitable thanks to its outperforming net margins.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company's share price in relation to its net book value makes it look relatively cheap.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
This company will be of major interest to investors in search of a high dividend stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last few months, analysts have been revising downwards their earnings forecast.
Over the past four months, analysts' average price target has been revised downwards significantly.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' opinions have been revised negatively.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Real Estate Development & Operations

	1st Jan change	Capi.	ESG Refinitiv
CK ASSET HOLDINGS LIMITED	-21.30%	13.85B	B+
SUN HUNG KAI PROPERTIES LIMITED	-10.83%	26.36B	B
CHINA RESOURCES LAND LIMITED	+1.43%	25.9B	B-
DLF LIMITED	+12.29%	24.19B	A-
MITSUBISHI ESTATE CO., LTD.	+35.85%	21.26B	A-
CHINA OVERSEAS LAND & INVESTMENT LTD.	+7.12%	20.63B	A
EMAAR PROPERTIES	-3.28%	18.43B	B-
POLY DEVELOPMENTS AND HOLDINGS GROUP CO., LTD.	+3.23%	16.74B	B+
MACROTECH DEVELOPERS LIMITED	+34.62%	16.42B	B+
HENDERSON LAND DEVELOPMENT COMPANY LIMITED	+1.04%	15.04B	B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes