CHEUNG KONG (HLDGS)
CHEUNG KONG (HLDGS) operates in Diversified Metals & Mining.
CHEUNG KONG (HLDGS) (CHE) - Net Assets
Latest net assets as of December 2023: €48.04 Billion EUR
Based on the latest financial reports, CHEUNG KONG (HLDGS) (CHE) has net assets worth €48.04 Billion EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€968.10 Billion) and total liabilities (€920.07 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €48.04 Billion |
| % of Total Assets | 4.96% |
| Annual Growth Rate | -15.02% |
| 5-Year Change | -70.62% |
| 10-Year Change | N/A |
| Growth Volatility | 39.6 |
CHEUNG KONG (HLDGS) - Net Assets Trend (2016–2023)
This chart illustrates how CHEUNG KONG (HLDGS)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CHEUNG KONG (HLDGS) (2016–2023)
The table below shows the annual net assets of CHEUNG KONG (HLDGS) from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €48.04 Billion | -5.34% |
| 2022-12-31 | €50.74 Billion | -52.20% |
| 2021-12-31 | €106.16 Billion | +65.21% |
| 2020-12-31 | €64.26 Billion | -60.69% |
| 2019-12-31 | €163.48 Billion | -3.04% |
| 2018-12-31 | €168.60 Billion | -7.68% |
| 2017-12-31 | €182.63 Billion | +21.69% |
| 2016-12-31 | €150.08 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CHEUNG KONG (HLDGS)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 315.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €135.99 Billion | 283.35% |
| Total Equity | €48.00 Billion | 100.00% |
CHEUNG KONG (HLDGS) Competitors by Market Cap
The table below lists competitors of CHEUNG KONG (HLDGS) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHINA RARE EARTH (RAE.SG)
STU:RAE
|
$793.75 |
|
Vinanz Limited
LSE:BTC
|
$794.12 |
|
Kahawatte Plantations PLC
CM:KAHAN0000
|
$795.22 |
|
J&T ARCH INVESTMENTS SICAV a.s.
PR:JTINA
|
$798.22 |
|
Nasr Company for Civil Works
EGX:NCCW
|
$791.98 |
|
Presidential Realty Corporation
PINK:PDNLA
|
$791.42 |
|
Healthwarehouse.Com
OTCQB:HEWA
|
$791.20 |
|
Nimir Resins Ltd
KAR:NRSL
|
$791.11 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CHEUNG KONG (HLDGS)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 49,353,461,000 to 47,995,361,000, a change of -1,358,100,000 (-2.8%).
- Net income of 1,766,241,000 contributed positively to equity growth.
- Other factors decreased equity by 3,124,341,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.77 Billion | +3.68% |
| Other Changes | €-3.12 Billion | -6.51% |
| Total Change | €- | -2.75% |
Book Value vs Market Value Analysis
This analysis compares CHEUNG KONG (HLDGS)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.14x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.02x to 0.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.28 | €0.08 | x |
| 2018-12-31 | €3.09 | €0.08 | x |
| 2019-12-31 | €3.10 | €0.08 | x |
| 2020-12-31 | €0.46 | €0.08 | x |
| 2021-12-31 | €0.77 | €0.08 | x |
| 2022-12-31 | €0.62 | €0.08 | x |
| 2023-12-31 | €0.60 | €0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CHEUNG KONG (HLDGS) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.13%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 20.17x
- Recent ROE (3.68%) is above the historical average (-73.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 17.02% | 44.75% | 0.03x | 12.25x | €8.09 Billion |
| 2017 | 17.16% | 41.47% | 0.03x | 14.59x | €9.18 Billion |
| 2018 | 1.31% | 6.96% | 0.01x | 14.18x | €-10.49 Billion |
| 2019 | 1.17% | 5.41% | 0.02x | 14.06x | €-10.70 Billion |
| 2020 | -566.81% | 0.00% | -0.05x | 90.42x | €-104.72 Billion |
| 2021 | -4.05% | -24.77% | 0.01x | 25.54x | €-8.64 Billion |
| 2022 | -55.90% | 0.00% | -0.03x | 19.41x | €-32.52 Billion |
| 2023 | 3.68% | 20.13% | 0.01x | 20.17x | €-3.03 Billion |
Industry Comparison
This section compares CHEUNG KONG (HLDGS)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CHEUNG KONG (HLDGS) (CHE) | €48.04 Billion | 17.02% | 19.15x | $792.65 |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |