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Li Ka-shing family's global property and infrastructure arm, developing real estate and investing in aircraft leasing and UK utilities.
Li Ka-shing family's global property and infrastructure arm, developing real estate and investing in aircraft leasing and UK utilities.
Earns from selling homes it builds in Hong Kong, mainland China, the UK and Canada, plus rent, hotel and pub income and dividends from its majority-owned stake in CK Infrastructure; property sales fluctuate with the market while infrastructure and rental income are steadier. It bought Greene King, a UK pub chain, in 2019.
In one line: A Li Ka-shing family conglomerate blending HK property with global infrastructure/utility .
Moat: narrow (scale, brand). Diversified global asset base and disciplined capital allocation built by the Li Ka-shing family.
Headquarters: Hong Kong · Founded: 2015 · Employees: 54,000
Size CK Asset (1113.HK) is a Hong Kong Real Estate company (Real Estate Development) with a market value of $21.9B, the 77th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$49.12 on 6 Nov 2026.
Performance Over six months the shares fell 3.2%, against -6.2% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 47.7% over the last twelve months (peer median +4.8%); the operating margin is 15.4% (peer median 24.6%).
Valuation It trades at 12.8× forward earnings against a peer median of 16.5× (4th cheapest of 21).
Next results Next results expected around 18 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$74.5B | HK$59.8B | HK$47.1B | HK$48.6B | HK$57.0B |
| Revenue growth | — | +27% | -3% | -15% | — |
| Gross profit | HK$24.5B | HK$25.3B | HK$23.6B | HK$24.5B | HK$28.3B |
| EBITDA | HK$13.8B | HK$14.8B | HK$13.6B | HK$15.2B | HK$19.9B |
| Net income | HK$13.2B | HK$10.8B | HK$13.7B | HK$17.3B | HK$20.1B |
| Free cash flow | HK$29.1B | HK$16.8B | HK$9.54B | -HK$1.36B | HK$4.23B |
| Capital expenditure | HK$2.47B | HK$2.47B | HK$2.28B | HK$2.40B | HK$2.46B |
| Total debt | n/a | HK$64.5B | HK$65.6B | HK$68.6B | HK$62.0B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| CK Asset 1113.HK | $21.9B | -3% | +48% | 15% | 12.8× | n/a |
| Shk Ppt 0016.HK | $43.5B | -18% | +17% | 26% | 14.1× | n/a |
| Henderson Land 0012.HK | $18.3B | -12% | +46% | 20% | 17.2× | n/a |
| Ckh 0001.HK | $34.3B | -2% | -2% | 11% | 11.3× | 1.2% |
| New World Development 0017.HK | $1.68B | -46% | +10% | -8% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 1113.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.2% | +8.8% | 11th highest of 21 |
| 6-month return | -3.2% | -6.2% | 10th highest of 21 |
| Distance from 52-week high | -3.5% | -15.6% | 2nd highest of 21 |
| Revenue growth (TTM) | +47.7% | +4.8% | highest of 21 |
| Operating margin | 15.4% | 24.6% | 7th lowest of 21 |
| Forward P/E | 12.8× | 16.5× | 4th cheapest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| CK Asset 1113.HK | Hong Kong | $21.9B | -3% | +48% | 15% | 12.8× | n/a | n/a |
| KE Holdings, Inc. Class A 2423.HK | Hong Kong | $21.4B | +3% | -11% | 6% | 16.8× | n/a | n/a |
| DLF DLF.NS | India | $19.7B | +22% | -29% | 13% | 38.3× | n/a | n/a |
| Swire Properties 1972.HK | Hong Kong | $19.4B | +4% | +6% | 49% | 18.3× | n/a | n/a |
| Sumitomo Realty & Development C 8830.T | Japan | $18.8B | -34% | +5% | 29% | 12.8× | n/a | n/a |
| China Overseas 0688.HK | Hong Kong | $18.4B | -13% | +4% | 11% | 10.2× | n/a | n/a |
| Henderson Land 0012.HK | Hong Kong | $18.3B | -12% | +46% | 20% | 17.2× | n/a | n/a |
| Hongkong Land H78.SI | Singapore | $17.7B | -1% | -25% | 23% | 20.9× | n/a | n/a |
| Mitsui Fudosan 8801.T | Japan | $27.4B | -5% | -10% | 14% | 14.9× | n/a | n/a |
| Jones Lang LaSalle JLL | United States | $16.9B | +12% | +11% | 5% | 13.4× | n/a | n/a |
| China Res Land 1109.HK | Hong Kong | $29.1B | -7% | -12% | 16% | 8.9× | n/a | n/a |
| Mitsubishi Estate 8802.T | Japan | $29.5B | -12% | +17% | 21% | 19.2× | n/a | n/a |
| Vonovia VNA.DE | Germany | $16.1B | -24% | -17% | 40% | 9.4× | n/a | n/a |
| Swiss Prime Site SPSN.SW | Switzerland | $13.0B | +1% | -12% | 76% | 31.7× | n/a | n/a |
| Sino Land 0083.HK | Hong Kong | $12.8B | -20% | +15% | 34% | 20.4× | n/a | n/a |
| Wharf Reic 1997.HK | Hong Kong | $12.6B | +24% | -1% | 73% | 14.8× | n/a | n/a |
| Lodha Developers LODHA.NS | India | $12.5B | +22% | +21% | 31% | 27.0× | n/a | n/a |
| CBRE CBRE | United States | $39.1B | -7% | +14% | 3% | 16.3× | n/a | n/a |
| China Res Mixc 1209.HK | Hong Kong | $12.1B | -14% | +10% | 28% | 18.4× | n/a | n/a |
| Klepierre LI.PA | France | $11.6B | +8% | +3% | 63% | 13.1× | n/a | n/a |
| Shk Ppt 0016.HK | Hong Kong | $43.5B | -18% | +17% | 26% | 14.1× | n/a | n/a |