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Chu Kong Shipping Enterprises (Group)

DB:CKW
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CKW
DB
HK$1B
Market Cap
  1. Home
  2. DE
  3. Transportation
Company description

Chu Kong Shipping Enterprises (Group) Company Limited, an investment holding company, engages in terminal navigation logistics, high-speed waterway passenger transportation, and fuel supply businesses in Hong Kong, Mainland China, and Macau. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • Chu Kong Shipping Enterprises (Group) has significant price volatility in the past 3 months.
CKW Share Price and Events
7 Day Returns
-0.7%
DB:CKW
4.1%
Europe Shipping
2.8%
DE Market
1 Year Returns
-24%
DB:CKW
6.2%
Europe Shipping
3%
DE Market
CKW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chu Kong Shipping Enterprises (Group) (CKW) -0.7% -4.2% -22.3% -24% -42.9% -21.4%
Europe Shipping 4.1% -1.6% 9.8% 6.2% 6.6% -14.5%
DE Market 2.8% 0.2% 1.3% 3% 8% 23.6%
1 Year Return vs Industry and Market
  • CKW underperformed the Shipping industry which returned 6.2% over the past year.
  • CKW underperformed the Market in Germany which returned 3% over the past year.
Price Volatility
CKW
Industry
5yr Volatility vs Market

CKW Value

 Is Chu Kong Shipping Enterprises (Group) undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Chu Kong Shipping Enterprises (Group) to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Chu Kong Shipping Enterprises (Group).

DB:CKW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in HKD HK$ .090000
Payout Ratio Company Filings (2019-06-30) 2207.5%
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:CKW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Shipping Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.733 (1 + (1- 25%) (28.7%))
1.232
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.23
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.232 * 6.65%)
8.42%

Discounted Cash Flow Calculation for DB:CKW using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Chu Kong Shipping Enterprises (Group) is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:CKW Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= HK$0.09 / (8.42% - 0.23%)
HK$0.01
DB:CKW Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:CKW represents 0.11057x of SEHK:560
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.11057x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 1.10 x 0.11057
€0.12
Value per share (EUR) From above. €0.12
Current discount Discount to share price of €0.14
= -1 x (€0.14 - €0.12) / €0.12
-12%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Chu Kong Shipping Enterprises (Group) is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chu Kong Shipping Enterprises (Group)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chu Kong Shipping Enterprises (Group)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CKW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in HKD HK$0.16
SEHK:560 Share Price ** SEHK (2019-10-11) in HKD HK$1.23
Europe Shipping Industry PE Ratio Median Figure of 26 Publicly-Listed Shipping Companies 11.43x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chu Kong Shipping Enterprises (Group).

DB:CKW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:560 Share Price ÷ EPS (both in HKD)

= 1.23 ÷ 0.16

7.63x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chu Kong Shipping Enterprises (Group) is good value based on earnings compared to the Europe Shipping industry average.
  • Chu Kong Shipping Enterprises (Group) is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Chu Kong Shipping Enterprises (Group)'s expected growth come at a high price?
Raw Data
DB:CKW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.63x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
7.4%per year
Europe Shipping Industry PEG Ratio Median Figure of 14 Publicly-Listed Shipping Companies 0.79x
Germany Market PEG Ratio Median Figure of 265 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Chu Kong Shipping Enterprises (Group), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chu Kong Shipping Enterprises (Group)'s assets?
Raw Data
DB:CKW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in HKD HK$2.78
SEHK:560 Share Price * SEHK (2019-10-11) in HKD HK$1.23
Europe Shipping Industry PB Ratio Median Figure of 43 Publicly-Listed Shipping Companies 0.76x
Germany Market PB Ratio Median Figure of 598 Publicly-Listed Companies 1.74x
DB:CKW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:560 Share Price ÷ Book Value per Share (both in HKD)

= 1.23 ÷ 2.78

0.44x

* Primary Listing of Chu Kong Shipping Enterprises (Group).

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chu Kong Shipping Enterprises (Group) is good value based on assets compared to the Europe Shipping industry average.
X
Value checks
We assess Chu Kong Shipping Enterprises (Group)'s value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Shipping industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Shipping industry average (and greater than 0)? (1 check)
  5. Chu Kong Shipping Enterprises (Group) has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CKW Future Performance

 How is Chu Kong Shipping Enterprises (Group) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Chu Kong Shipping Enterprises (Group), future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chu Kong Shipping Enterprises (Group) expected to grow at an attractive rate?
  • Chu Kong Shipping Enterprises (Group)'s earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Chu Kong Shipping Enterprises (Group)'s earnings growth is positive but not above the Germany market average.
  • Unable to compare Chu Kong Shipping Enterprises (Group)'s revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:CKW Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:CKW Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 7.4%
Europe Shipping Industry Earnings Growth Rate Market Cap Weighted Average 23.5%
Europe Shipping Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:CKW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:CKW Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:CKW Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-06-30 2,268 251 180
2019-03-31 2,336 228 203
2018-12-31 2,404 205 226
2018-09-30 2,419 271 256
2018-06-30 2,433 338 286
2018-03-31 2,431 347 277
2017-12-31 2,428 356 269
2017-09-30 2,464 287 296
2017-06-30 2,499 217 323
2017-03-31 2,440 221 322
2016-12-31 2,382 224 322
2016-09-30 2,373 230 296

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chu Kong Shipping Enterprises (Group)'s earnings are expected to grow by 7.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Chu Kong Shipping Enterprises (Group) is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:CKW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Chu Kong Shipping Enterprises (Group) Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CKW Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:CKW Past Financials Data
Date (Data in HKD Millions) EPS *
2019-06-30 0.16
2019-03-31 0.18
2018-12-31 0.20
2018-09-30 0.23
2018-06-30 0.26
2018-03-31 0.25
2017-12-31 0.25
2017-09-30 0.27
2017-06-30 0.30
2017-03-31 0.30
2016-12-31 0.30
2016-09-30 0.27

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Chu Kong Shipping Enterprises (Group) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Chu Kong Shipping Enterprises (Group)'s future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chu Kong Shipping Enterprises (Group) has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CKW Past Performance

  How has Chu Kong Shipping Enterprises (Group) performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chu Kong Shipping Enterprises (Group)'s growth in the last year to its industry (Shipping).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chu Kong Shipping Enterprises (Group)'s year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Chu Kong Shipping Enterprises (Group)'s 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Chu Kong Shipping Enterprises (Group)'s 1-year earnings growth is negative, it can't be compared to the Europe Shipping industry average.
Earnings and Revenue History
Chu Kong Shipping Enterprises (Group)'s revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chu Kong Shipping Enterprises (Group) Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CKW Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 2,267.80 180.49 293.25
2019-03-31 2,336.15 203.28 302.23
2018-12-31 2,404.50 226.07 311.20
2018-09-30 2,418.58 256.04 306.88
2018-06-30 2,432.66 286.01 302.57
2018-03-31 2,430.57 277.50 305.77
2017-12-31 2,428.49 268.99 308.97
2017-09-30 2,463.77 295.75 316.38
2017-06-30 2,499.05 322.51 323.80
2017-03-31 2,440.47 322.14 319.73
2016-12-31 2,381.89 321.77 315.67
2016-09-30 2,372.80 295.52 309.19
2016-06-30 2,363.71 269.27 302.70
2016-03-31 2,435.57 267.14 307.12
2015-12-31 2,507.43 265.00 311.53
2015-09-30 2,367.60 261.55 310.68
2015-06-30 2,227.78 258.10 309.84
2015-03-31 2,028.34 239.68 298.94
2014-12-31 1,828.91 221.27 288.05
2014-09-30 1,767.86 207.49 290.91
2014-06-30 1,706.81 193.71 293.76
2014-03-31 1,663.04 192.31 287.98
2013-12-31 1,619.28 190.92 282.20
2013-09-30 1,604.79 178.46 269.69
2013-06-30 1,590.30 166.00 257.19
2013-03-31 1,552.47 150.91 254.01
2012-12-31 1,514.65 135.83 250.83

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Chu Kong Shipping Enterprises (Group) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Chu Kong Shipping Enterprises (Group) used its assets less efficiently than the Europe Shipping industry average last year based on Return on Assets.
  • Chu Kong Shipping Enterprises (Group)'s use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Chu Kong Shipping Enterprises (Group)'s performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Shipping industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chu Kong Shipping Enterprises (Group) has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CKW Health

 How is Chu Kong Shipping Enterprises (Group)'s financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Chu Kong Shipping Enterprises (Group)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chu Kong Shipping Enterprises (Group) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Chu Kong Shipping Enterprises (Group)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Chu Kong Shipping Enterprises (Group)'s finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chu Kong Shipping Enterprises (Group) Company Filings, last reported 3 months ago.

DB:CKW Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 3,405.30 342.45 1,338.47
2019-03-31 3,405.30 342.45 1,338.47
2018-12-31 3,366.46 277.69 1,226.03
2018-09-30 3,366.46 277.69 1,226.03
2018-06-30 3,382.25 395.19 1,056.04
2018-03-31 3,382.25 395.19 1,056.04
2017-12-31 3,303.29 380.44 1,060.93
2017-09-30 3,303.29 380.44 1,060.93
2017-06-30 3,075.76 520.73 1,010.93
2017-03-31 3,075.76 520.73 1,010.93
2016-12-31 2,914.09 333.75 817.67
2016-09-30 2,914.09 333.75 817.67
2016-06-30 2,818.13 309.30 897.91
2016-03-31 2,818.13 309.30 897.91
2015-12-31 3,104.21 325.73 912.79
2015-09-30 3,104.21 325.73 912.79
2015-06-30 2,956.01 320.86 737.74
2015-03-31 2,956.01 320.86 737.74
2014-12-31 2,446.87 486.48 533.15
2014-09-30 2,446.87 486.48 533.15
2014-06-30 2,316.75 400.70 514.60
2014-03-31 2,316.75 400.70 514.60
2013-12-31 2,266.39 489.69 600.97
2013-09-30 2,266.39 489.69 600.97
2013-06-30 2,176.99 395.44 491.18
2013-03-31 2,176.99 395.44 491.18
2012-12-31 2,090.47 431.74 584.72
  • Chu Kong Shipping Enterprises (Group)'s level of debt (10.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (17.3% vs 10.1% today).
  • Debt is well covered by operating cash flow (73.4%, greater than 20% of total debt).
  • Chu Kong Shipping Enterprises (Group) earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Chu Kong Shipping Enterprises (Group)'s financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chu Kong Shipping Enterprises (Group) has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CKW Dividends

 What is Chu Kong Shipping Enterprises (Group)'s current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
7.32%
Current annual income from Chu Kong Shipping Enterprises (Group) dividends.
If you bought €2,000 of Chu Kong Shipping Enterprises (Group) shares you are expected to receive €146 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Chu Kong Shipping Enterprises (Group)'s pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Chu Kong Shipping Enterprises (Group)'s dividend is above the markets top 25% of dividend payers in Germany (3.86%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:CKW Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Shipping Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 2.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:CKW Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
DB:CKW Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-04-11 0.090 5.877
2019-03-27 0.090 4.935
2018-08-23 0.080 4.446
2018-03-23 0.080 4.164
2017-08-24 0.090 4.483
2017-04-11 0.090 4.606
2017-03-30 0.090 4.546
2016-08-30 0.080 3.859
2016-05-19 0.090 4.417
2015-05-21 0.080 3.475
2014-08-28 0.075 3.582
2014-05-27 0.110 5.885
2013-08-27 0.040 1.843
2013-08-15 0.040 1.292
2013-03-26 0.045 2.250
2012-08-30 0.000 0.000
2012-03-28 0.035 3.045
2011-08-30 0.050 4.075
2011-03-16 0.060 3.669
2010-08-31 0.050 2.727
2010-03-30 0.035 1.923
2010-03-10 0.035 1.763
2009-09-15 0.035 2.638
2009-04-16 0.050 4.478

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Chu Kong Shipping Enterprises (Group)'s earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Chu Kong Shipping Enterprises (Group)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chu Kong Shipping Enterprises (Group) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chu Kong Shipping Enterprises (Group) has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CKW Management

 What is the CEO of Chu Kong Shipping Enterprises (Group)'s salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Qiang Wu
COMPENSATION HK$1,137,312
AGE 53
TENURE AS CEO 1.1 years
CEO Bio

Mr. Qiang Wu has been Managing Director and Executive Director at Chu Kong Shipping Enterprises (Group) Company Limited since September 17, 2018. Mr. Wu served as Executive Deputy General Manager at Chu Kong Shipping Enterprises (Group) Company Ltd since July 18, 2018 to September 17, 2018. Mr. Wu graduated from Wuhan Technical College of Communications, majoring in material management and is also a certified economist in the PRC. He joined the material management and navigation management sector since 1986 with over 30 years of working experience. Mr. Wu was successively appointed as deputy general manager and managing director of Chu Kong Air-Sea Union Transportation Company Limited from 2005 to 2012, chief marketing officer, deputy general manager and director of Chu Kong Transhipment & Logistics Company Limited from 2010 to 2012, appointed as executive deputy general manager and director of Nansha Tung Fat Cargo Terminal Limited from 2012 to 2014 and executive deputy general manager and director of Guangdong Province Zhanjiang Navigation (Group) Co., Ltd. and chairman of Guangdong Xuwen Terminal and Shipping Co., Ltd. from 2014 to 2018.

CEO Compensation
  • Insufficient data for Qiang to compare compensation growth.
  • Qiang's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Chu Kong Shipping Enterprises (Group) management team in years:

1.3
Average Tenure
52.5
Average Age
  • The average tenure for the Chu Kong Shipping Enterprises (Group) management team is less than 2 years, this suggests a new team.
Management Team

Liezhang Huang

TITLE
Chairman
COMPENSATION
HK$2M
AGE
52

Qiang Wu

TITLE
MD & Executive Director
COMPENSATION
HK$1M
AGE
53
TENURE
1.1 yrs

Buli Leng

TITLE
Deputy GM & Executive Director
COMPENSATION
HK$979K
AGE
55
TENURE
1.3 yrs

Jie Chen

TITLE
Deputy GM & Executive Director
COMPENSATION
HK$661K
AGE
53
TENURE
1.3 yrs

Wanan Huang

TITLE
Financial Controller
AGE
45
TENURE
3.2 yrs

Maggie Cheung

TITLE
Deputy GM of the Capital operation Department & Company Secretary
AGE
52
Board of Directors Tenure

Average tenure and age of the Chu Kong Shipping Enterprises (Group) board of directors in years:

1.3
Average Tenure
53
Average Age
  • The average tenure for the Chu Kong Shipping Enterprises (Group) board of directors is less than 3 years, this suggests a new board.
Board of Directors

Liezhang Huang

TITLE
Chairman
COMPENSATION
HK$2M
AGE
52
TENURE
1.9 yrs

Qiang Wu

TITLE
MD & Executive Director
COMPENSATION
HK$1M
AGE
53
TENURE
1.1 yrs

Buli Leng

TITLE
Deputy GM & Executive Director
COMPENSATION
HK$979K
AGE
55
TENURE
1.3 yrs

Jie Chen

TITLE
Deputy GM & Executive Director
COMPENSATION
HK$661K
AGE
53
TENURE
1.3 yrs

Kay-Cheung Chan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$320K
AGE
73
TENURE
21.5 yrs

Lai Man Yau

TITLE
Independent Non-Executive Director
COMPENSATION
HK$200K
AGE
55
TENURE
14.8 yrs

Wuwei Liu

TITLE
Deputy GM & Executive Director
COMPENSATION
HK$603K
AGE
47
TENURE
1.3 yrs

Bing Sing Chow

TITLE
Independent Non-Executive Director
COMPENSATION
HK$200K
AGE
69
TENURE
8.3 yrs

Meihua Ye

TITLE
Non-Executive Director
AGE
48
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Chu Kong Shipping Enterprises (Group)'s management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chu Kong Shipping Enterprises (Group) has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CKW News

Simply Wall St News

CKW Company Info

Description

Chu Kong Shipping Enterprises (Group) Company Limited, an investment holding company, engages in terminal navigation logistics, high-speed waterway passenger transportation, and fuel supply businesses in Hong Kong, Mainland China, and Macau. The company operates through Cargo Transportation, Cargo Handling and Storage, Passenger Transportation, Fuel supply, and Corporate and Other Businesses segments. It provides cargo canvassing, feeder transportation, vessel agency, wharf handling, and warehousing and storage; shipping agency and freight forwarding agency; container and cargo transportation and towing; and transshipment, cargo handling, and trucking services. The company is also involved in the operation and management of a river trade cargo terminals; management of ships; operation and management of facilities maintenance services; godown and wharf operations; and tour operation and property holding activities. In addition, it offers diesel and lubricants for passenger ferries and cargo vessels; oil trading and marine bunkering services; and information technology and advertising services. Further, the company provides agency services; passenger transportation agency and carrier, logistics, and maintenance services; cargo consolidation; and operation of travel agency. The company is headquartered in Central, Hong Kong. Chu Kong Shipping Enterprises (Group) Company Limited is a subsidiary of Chu Kong Shipping Enterprises (Holdings) Company Limited.

Details
Name: Chu Kong Shipping Enterprises (Group) Company Limited
CKW
Exchange: DB
Founded:
HK$159,106,133
1,121,166,885
Website: http://www.cksd.com
Address: Chu Kong Shipping Enterprises (Group) Company Limited
Chu Kong Shipping Tower,
24th Floor,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 560 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 23. May 1997
DB CKW Ordinary Shares Deutsche Boerse AG DE EUR 23. May 1997
Number of employees
Current staff
Staff numbers
1,850
Chu Kong Shipping Enterprises (Group) employees.
Industry
Marine
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 21:34
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2018/03/23
Last earnings filing: 2019/09/09
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.