CK Hutchison Holdings reported underlying first-half net profit that rose 6%, with around two-thirds of this growth from favorable currencies. Management has some big decisions coming, with the net debt ratio set to fall to around 2% after the closing of the UK telecom asset sale.
Currency headwinds should diminish, and a recovery in the euro, pound, and Australian dollar will help lift CKH’s cash flow and earnings in Hong Kong dollar terms.
Limited acquisition opportunities mean CKH will see slowing earnings growth. Even if it has cash to spend, there may not be suitable purchases to strengthen its core business.
|
Metric
|
00001
|
01038
|
9984
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.47 | 11.99 | — |
Price/Book Value | 0.46 | 1.13 | 2.12 |
Price/Sales | 0.95 | 39.01 | 4.81 |
Price/Cash Flow | 3.93 | 71.30 | — |
|
Metric
|
00001
|
01038
|
9984
|
|---|---|---|---|
Quick Ratio | 1.63 | 3.81 | 0.74 |
Current Ratio | 2.24 | 3.88 | 0.81 |
Interest Coverage | 5.85 | 31.32 | 8.95 |
|
Metric
|
00001
|
01038
|
9984
|
|---|---|---|---|
Return on Assets (Normalized) | 2.05% | 8.38% | −1.16% |
Return on Equity (Normalized) | 4.17% | 10.80% | −4.15% |
Return on Invested Capital (Normalized) | 3.32% | 8.94% | 0.28% |
|
1-Day Chart
|
Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Market Cap
|
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United States