CK Asset Holdings Limited (1113.HK) stock analysis

In our weekly check, CK Asset Holdings Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 5, red flags: 5.

About CK Asset Holdings Limited

CK Asset Holdings Limited is a Real Estate company (Real Estate - Development) based in Hong Kong, listed on HKSE as 1113.HK.

What our checks show for 1113.HK

Red flags

• Operating profit does not cover the interest bill (0.8x): interest is paid from cash or new debt.
• The net margin fell by 16 points over 5 years, to 18.6%: the company keeps less of each sale as profit.
• The dividend takes 429% of profit: little cushion if profit falls.
• The stock has fallen as much as 61% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 2.4%.

Warning signs

• Analysts expect only about 1.9% a year of growth in revenue.
• Revenue grew only 2% a year over the last 3 years.
• Earnings per share fell 17.6% a year over the last 3 years.
• Net profit fell 20.3% a year over the last 3 years.
• The stock is still below its previous peak.

Strengths

• Net debt is only 1.2x a year of EBITDA: the balance sheet has room.
• The gross margin is 96.3% and has risen by 39.5 points: pricing power is holding.
• Operating cash flow is 1.68x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 11.1% a year over the next years.
• Analysts expect the net margin to improve by 5.8 points from today's 18.6%.
• Free cash flow is 27.1% of revenue: cash for dividends, buybacks or growth.

Similar companies

0688.HK · 1109.HK · NRP.JO · EMAAR.AE · 0016.HK

Questions

What grade does CK Asset Holdings Limited (1113.HK) have?

In our weekly check, CK Asset Holdings Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 5, red flags: 5. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 1113.HK stock?

This week's biggest flags for CK Asset Holdings Limited: Weak interest cover, Margins falling, Dividend stretched. In total 10 of 25 checks show a warning or a red flag.

What does CK Asset Holdings Limited do?

CK Asset Holdings Limited is a Real Estate company (Real Estate - Development) based in Hong Kong, listed on HKSE as 1113.HK.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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