Asia300

CK Hutchison Holdings Ltd.

Hong Kong

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 18, 2017
Prev close: 100.8
Aug 18, 2017
Market cap:
Market cap(USD):
388,854M
49,711.6M
Shares: 3,857.68M

Currency in HKD

Company profile

Market(Ticker): HKG(1)
Sector:
Industry:
Producer Manufacturing
Industrial Conglomerates
Full time employees: 290,000

Business summary

CK Hutchison Holdings Ltd. is an investment company. It operates through the following segments: Ports and Related Services; Retail; Infrastructure; Husky Energy; Telecommunications; and Finance and Investment and Others. The Ports and Related Services segment consist of 275 operational berths. The Retail segment sells health, beauty, and beverage products. The Infrastructure segment invests and develops energy, transportation, water, waste management, and waste-to-energy infrastructures. The Husky Energy segment deals with oil pipeline assets. The Telecommunications segment offers mobile telecommunications and data services. The Finance and Investment and Others includes group's holdings of cash and liquid investments. 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 2016

  • Local currency
  • US Dollar
Revenue 259,842M
Gross profit 90,339M
Operating income 36,915M
Income before tax 29,850M
Net income 33,008M
EBITDA 52,513M
Diluted EPS 8.55
Dividends per share 2.68
Total assets 1,013.46B
Total liabilities 499,785M
Total equity 394,169M
Operating cash flow 36,128M

Currency in HKD

Revenue 33,474.19M
Gross profit 11,637.93M
Operating income 4,755.58M
Income before tax 3,845.43M
Net income 4,252.26M
EBITDA 6,764.99M
Diluted EPS 1.10
Dividends per share 0.34
Total assets 130,716.54M
Total liabilities 64,462.18M
Total equity 50,839.85M
Operating cash flow 4,654.19M

Currency in USD

Valuation measures

Dec 2016

PER 10.28
ROA 3.22%
ROE 8.38%
Operating margin 14.20%
Profit margin 12.70%

Key executive

  • Deputy 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.(1.6%)
  • BlackRock Fund Advisors(1.1%)
  • T. Rowe Price Associates, Inc.(1.0%)
  • Norges Bank Investment Management(0.9%)
  • Hang Seng Investment Management Ltd.(0.8%)
  • First State Investment Management (UK) Ltd.(0.8%)
  • Invesco Advisers, Inc.(0.7%)
  • State Street Global Advisors Asia Ltd.(0.7%)

Address

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

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