Asia300

CK Hutchison Holdings Ltd.

Hong Kong

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
May 21, 2018
Prev close: 88.8
May 21, 2018
Market cap:
Market cap(USD):
342,561.87M
43,640.77M
Shares: 3,857.67M

Currency in HKD

Company profile

Market(Ticker): HKG(1)
Sector:
Industry:
Producer Manufacturing
Industrial Conglomerates
Full time employees: 300,000

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.

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 2017

  • Local currency
  • US Dollar
Revenue 248,515M
Gross profit 80,393M
Operating income 32,748M
Income before tax 46,418M
Net income 35,100M
EBITDA 49,425M
Diluted EPS 9.1
Dividends per share 2.85
Total assets 1,100.25B
Total liabilities 538,189M
Total equity 430,056M
Operating cash flow 52,404M

Currency in HKD

Revenue 31,890.26M
Gross profit 10,316.29M
Operating income 4,202.33M
Income before tax 5,956.51M
Net income 4,504.14M
EBITDA 6,342.37M
Diluted EPS 1.16
Dividends per share 0.36
Total assets 140,746.16M
Total liabilities 68,845.89M
Total equity 55,013.36M
Operating cash flow 6,724.65M

Currency in USD

Valuation measures

Dec 2017

PER 10.78
ROA 3.32%
ROE 8.51%
Operating margin 13.17%
Profit margin 14.12%

Key executive

  • Chairman & Group Co-Managing Director: Tzar Kuoi Li
  • Group Co-Managing Director & Executive Director: Kin Ning Fok
  • Group Finance Director & Executive Director: Frank John Sixt
  • Executive Director & Deputy Managing Director: Tak Chuen Ip
  • Executive Director & Deputy Managing Director: Hing Lam Kam

Share holders

  • LI FAMILY(28.3%)
  • LI KA SHING(1.7%)
  • The Vanguard Group, Inc.(1.7%)
  • BlackRock Fund Advisors(1.3%)
  • First State Investment Management (UK) Ltd.(1.0%)
  • T. Rowe Price Associates, Inc.(0.9%)
  • Norges Bank Investment Management(0.9%)
  • Invesco Advisers, Inc.(0.8%)
  • JF Asset Management Ltd.(0.7%)
  • State Street Global Advisors Asia Ltd.(0.7%)

Address

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

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