Ck Asset Intrinsic Value Calculator – Insiders Make Bullish Bet on CK Asset Holdings Limited, Investing HK$136M.
March 3, 2023
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Ck Asset Intrinsic Value Calculator – The recent bullish outlook from insiders of CK ($SEHK:01113) Asset Holdings Limited has resulted in a rather bold move. In a show of confidence for the company, insiders have placed a HK$136 million wager on the company. This investment marks the first time insiders have done something of this magnitude for CK Asset Holdings Limited. This is not the first indication of insiders having a positive outlook on the company.
This latest investment adds another layer of confidence to the already positive sentiment from insiders. The HK$136 million bet has investors cautiously optimistic as to what this could mean for the future of CK Asset Holdings Limited. Analysts and investors alike anticipate that this investment could be the spark the company needs to achieve the next level of success. With the backing of insiders, many expect the company to reach new heights.
Share Price
Recently, news coverage of CK Asset Holdings Limited has been overwhelmingly positive. On Tuesday, CK ASSET opened at HK$50.0 and closed at HK$49.2, dropping 0.9% from the previous closing price of 49.6. This didn’t scare away investors who made a bullish bet on the company, investing more than HK$136M. This sizable investment shows a notable amount of confidence in the company and its future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ck Asset. More…
| Total Revenues | Net Income | Net Margin |
| 74.55k | 25.82k | 33.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ck Asset. More…
| Operations | Investing | Financing |
| 36.24k | 42.59k | -62.97k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ck Asset. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 497.69k | 106.89k | 105.39 |
Key Ratios Snapshot
Some of the financial key ratios for Ck Asset are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.3% | -1.5% | 41.3% |
| FCF Margin | ROE | ROA |
| 44.3% | 5.0% | 3.9% |
Analysis – Ck Asset Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of CK ASSET‘s wellbeing. Our proprietary Valuation Line has calculated the fair value of CK ASSET share to be around HK$54.3. However, it is presently traded at HK$49.2, creating a situation of it being undervalued by 9.3%. We believe that this presents an opportunity to acquire CK ASSET stock at a relatively fair price. More…
Peers
It is a publicly traded company and has seen considerable success as one of the top players in the region. While CK Asset Holdings Ltd commands a strong presence in the industry, it faces competition from other notable developers such as Hongkong Land Holdings Ltd, Sun Hung Kai Properties Ltd, and Henderson Land Development Co Ltd.
– Hongkong Land Holdings Ltd ($SGX:H78)
Hongkong Land Holdings Ltd is a leading property investment, management, and development company based in Hong Kong. Founded in 1889, the company is focused on owning and managing prime commercial real estate in key Asian cities and providing premier office space and other related services. As of 2022, Hongkong Land Holdings Ltd has a market capitalization of 9.91 billion, making it one of the largest companies in the region. The company also has a return on equity of 2.19%, indicating that it is generating a good return for its investors. The company is well-positioned to benefit from future economic growth in the region.
– Sun Hung Kai Properties Ltd ($SEHK:00016)
Sun Hung Kai Properties Ltd. is a leading real estate developer in Hong Kong, with a diversified portfolio of residential, office, retail and industrial properties in Hong Kong, mainland China, and other countries. As of 2022, the company has a market capitalization of 284.73 billion USD, making it one of the largest public companies in Hong Kong. Sun Hung Kai Properties Ltd. also has a strong balance sheet with a return on equity of 3.52%. This is an indicator of the company’s ability to generate profits relative to its shareholders’ equity and demonstrates its financial strength.
– Henderson Land Development Co Ltd ($SEHK:00012)
Henderson Land Development Co Ltd is a leading property developer in Hong Kong. With a market capitalisation of 125.87 billion dollars as of 2022, the company is one of the largest listed companies on the Hong Kong Stock Exchange. Its Return on Equity (ROE) of 2.69% indicates that it is highly profitable and has been consistently delivering positive results over the years. The company is involved in property development, investment, hotel and property management, and also retail and infrastructure projects.
Summary
CK Asset Holdings Limited has recently witnessed an increase in bullish investment activity, as a notable sum of HK$136M was invested by insiders. This investment has been seen as a sign of confidence in the company, as those who are close to the company have placed their trust in it. Furthermore, the recent news coverage of CK Asset has been largely positive, suggesting a strong outlook for the company and its prospects.
As such, investors should take this as a hint to consider more carefully what the stock has to offer. With the potential for future growth and the support of insiders, this could prove to be a very lucrative investment.
