- CK Asset reported a net income of HK$6.30 billion for the first half of the year.
- An interim dividend of 39 HK cents per share has been declared.
- Total bank and other loans amounted to HK$54.4 billion at the end of the period.
- Revenue for the company reached HK$39.13 billion.
- Property sales contributed HK$7.37 billion to the revenue.
- Property rental revenue was recorded at HK$3.00 billion.
- Market analysts have given 3 buys, 10 holds, and no sell recommendations for the company.
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A look at CK Asset Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
CK Asset Holdings Limited, a company involved in various real estate activities both locally and internationally, has received positive Smartkarma Smart Scores across different factors. With high scores in value, resilience, and momentum, CK Asset Holdings seems to have a promising long-term outlook. The company’s strong value score suggests that it is considered undervalued compared to its market price, indicating potential for growth and profitability in the future. Moreover, its resilience score reflects the company’s ability to weather economic downturns and maintain stability. Additionally, the positive momentum score signifies a positive trend in the company’s stock performance, hinting at continued growth potential.
Although CK Asset Holdings scores slightly lower in dividend and growth factors, the overall outlook remains optimistic given its solid scores in value, resilience, and momentum. As a real estate-focused company with a diverse portfolio including real estate development, property management, and hotel services, CK Asset Holdings seems well-positioned to capitalize on opportunities in the real estate market. Investors looking for a company with strong fundamentals and growth potential may find CK Asset Holdings an attractive long-term investment option based on its favorable Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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