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CK Infrastructure Holdings Limited (1038.HK)

HKD61.00 +0.45 (+0.74%)
HK HKSE Utilities Regulated Electric
Address Cheung Kong Center
Central, HK
CEO Tzar Kuoi Li
Website cki.com.hk
IPO 1996-07-17
ISIN BMG2178K1009

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 1038.HK (HKD) London Stock Exchange · CKI.L (GBp) Other OTC · CKISF (USD) Other OTC · CKISY (USD)
Description

CK Infrastructure Holdings Limited is a major global infrastructure enterprise, involved in the development, investment, operation, and commercialization of various infrastructure projects across Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States. Its diverse portfolio includes energy, transportation, water, and waste management infrastructure (encompassing waste-to-energy solutions), as well as household infrastructure and related businesses. Beyond its primary focus, the company also engages in asphalt production and paving, cement manufacturing and distribution, property investment, project management, and securities investments, in addition to offering waste management services. Established in 1996 and headquartered in Central, Hong Kong, the company rebranded from Cheung Kong Infrastructure Holdings Limited to its current name in May 2017. It operates as a subsidiary of Hutchison Infrastructure Holdings Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD61.00 +0.45 (+0.74%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.71
Float Shares
607.18M
Free Float %
24.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.59% -6.31% -9.67% -10.68% +10.11% +3.04% +16.95% +38.34% +22.75% -18.64% +293.05%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
61.00
DCF (Unlevered) 8.48 -86.1%
DCF (Levered) 5.63 -90.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 73% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 8 0
Hold 4 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.58
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
2 / 5
Medium
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Electric: +9.0%
    -11.5% Q4'25: -21.4% (vs Q4'23)
  • EPS growth Regulated Electric: +12.7%
    +1.9% Q4'25: +3.3% (vs Q4'23)
  • FCF margin FCF growth · Regulated Electric: +35.5%
    -9.9% Q4'25: +58.4% (vs Q4'23)
  • EBIT margin Regulated Electric: +19.9%
    +3.3% Q4'25: -10.7% (vs Q4'23)
  • ROIC Regulated Electric: +4.4%
    +0.1% Q4'25: -0.6% (vs Q4'23)
  • Share dilution Regulated Electric: +0.0%
    +0.0% Q4'25: +0.0% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×
    57.27× Q4'25: 2,582.08× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.73) × ERP
WACC = 83% × Ke + 17% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 8.56 Current price: 61.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
12 Rev. Ana.
11 EPS Ana.
Dec 2027
13 Rev. Ana.
12 EPS Ana.
Dec 2028
6 Rev. Ana.
7 EPS Ana.
Dec 2029
5 Rev. Ana.
2 EPS Ana.
Revenue
2.81B
est: 2.68B (+5.1%)
3.49B
est: 3.56B (-1.8%)
4.11B
est: 4.04B (+1.6%)
5.02B
est: 4.62B (+8.6%)
5.97B
est: 5.75B (+3.8%)
5.56B
est: 5.94B (-6.4%)
5.32B
est: 5.38B (-1.1%)
6.02B
est: 5.58B (+7.9%)
7.15B
est: 6.63B (+7.8%)
6.73B
est: 6.46B (+4.2%)
7.18B
est: 6.53B (+10.0%)
7.05B
est: 7.43B (-5.2%)
6.62B
est: 6.66B (-0.7%)
5.99B
est: 6.03B (-0.7%)
4.99B
est: 6.08B (-17.9%)
4.42B
est: 4.98B (-11.3%)
4.82B
3.70B – 5.63B
-3.3% YoY
4.75B
3.77B – 5.74B
-1.4% YoY
4.45B
4.38B – 4.51B
-6.4% YoY
8.02B
6.26B – 9.53B
+80.3% YoY
EBITDA
5.70B
est: 2.43B (+134.9%)
8.76B
est: 3.23B (+171.5%)
10.66B
est: 3.66B (+190.8%)
1.16B
est: 4.19B (-72.3%)
2.25B
est: 5.22B (-57.0%)
3.44B
est: 5.39B (-36.1%)
2.24B
est: 4.88B (-54.1%)
11.81B
est: 5.06B (+133.5%)
12.09B
est: 6.02B (+100.9%)
12.47B
est: 5.86B (+112.7%)
3.84B
est: 5.92B (-35.1%)
8.94B
est: 6.74B (+32.6%)
9.28B
est: 6.04B (+53.6%)
9.86B
est: 4.97B (+98.2%)
9.94B
est: 5.02B (+98.1%)
541.00M
est: 4.11B (-86.8%)
3.97B
3.05B – 4.64B
-3.3% YoY
3.92B
3.11B – 4.73B
-1.4% YoY
3.67B
3.61B – 3.72B
-6.4% YoY
6.61B
5.16B – 7.86B
+80.3% YoY
EBIT
5.63B
est: 2.15B (+161.5%)
8.69B
est: 1.49B (+483.0%)
10.60B
est: 1.76B (+500.7%)
12.74B
est: 1.67B (+661.8%)
1.99B
est: 1.28B (+55.7%)
3.20B
est: 4.49B (-28.7%)
10.74B
est: 2.90B (+270.6%)
11.65B
est: 2.01B (+481.2%)
11.86B
est: 3.09B (+283.7%)
12.17B
est: 3.62B (+236.4%)
3.45B
est: 4.35B (-20.8%)
8.57B
est: 4.71B (+81.8%)
8.94B
est: 4.81B (+85.9%)
9.53B
est: 4.87B (+95.9%)
9.62B
est: 5.06B (+90.0%)
146.00M
est: 4.02B (-96.4%)
3.89B
2.98B – 4.54B
-3.3% YoY
3.83B
3.04B – 4.63B
-1.4% YoY
3.59B
3.54B – 3.64B
-6.4% YoY
6.47B
5.05B – 7.69B
+80.3% YoY
Net Income
5.03B
est: 6.63B (-24.2%)
7.75B
est: 6.68B (+15.9%)
9.43B
est: 8.80B (+7.2%)
11.64B
est: 11.53B (+0.9%)
31.78B
est: 15.34B (+107.2%)
11.16B
est: 34.08B (-67.2%)
9.64B
est: 10.48B (-8.1%)
10.26B
est: 10.62B (-3.5%)
10.44B
est: 12.34B (-15.4%)
10.51B
est: 11.26B (-6.7%)
7.32B
est: 11.34B (-35.4%)
7.52B
est: 12.28B (-38.8%)
7.75B
est: 7.58B (+2.2%)
8.03B
est: 8.10B (-0.9%)
8.12B
est: 8.15B (-0.5%)
8.70B
est: 8.27B (+5.3%)
10.99B
8.35B – 13.62B
+32.9% YoY
9.06B
4.57B – 11.69B
-17.5% YoY
8.76B
5.24B – 11.86B
-3.3% YoY
— – —
-100.0% YoY
SGA
314.00M
est: 367.02M (-14.4%)
476.00M
est: 417.15M (+14.1%)
367.00M
est: 396.35M (-7.4%)
609.00M
est: 419.81M (+45.1%)
777.00M
est: 758.40M (+2.5%)
774.00M
est: 642.10M (+20.5%)
817.00M
est: 694.84M (+17.6%)
3.00M
est: 849.22M (-99.6%)
est: 994.85M (-100.0%)
est: 469.81M (-100.0%)
est: 474.71M (-100.0%)
est: 540.38M (-100.0%)
est: 484.42M (-100.0%)
est: 438.54M (-100.0%)
1.82B
est: 442.35M (+310.3%)
est: 362.24M (-100.0%)
350.42M
268.74M – 409.50M
-3.3% YoY
345.48M
274.28M – 417.44M
-1.4% YoY
323.25M
318.69M – 327.81M
-6.4% YoY
582.85M
454.89M – 692.72M
+80.3% YoY
EPS
2.23
est: 2.18 (+2.5%)
3.38
est: 3.44 (-1.6%)
3.93
est: 4.01 (-1.9%)
4.77
est: 4.34 (+10.0%)
13.03
est: 4.12 (+216.1%)
4.44
est: 4.22 (+5.2%)
3.82
est: 4.18 (-8.6%)
4.07
est: 4.16 (-2.2%)
4.14
est: 4.35 (-4.7%)
4.17
est: 4.08 (+2.1%)
2.91
est: 3.44 (-15.3%)
2.98
est: 3.37 (-11.5%)
3.08
est: 3.63 (-15.1%)
3.19
est: 3.21 (-0.8%)
3.22
est: 3.27 (-1.5%)
3.28
est: 3.34 (-1.8%)
3.83
3.32 – 5.41
+14.8% YoY
3.78
1.81 – 4.64
-1.5% YoY
3.85
2.08 – 4.71
+2.1% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-28 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-27 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-26 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-22 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-21 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-20 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-19 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-18 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-15 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-14 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-13 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-12 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-11 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-08 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-07 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-06 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-05 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-05-04 A- 4/5 3/5 2/5 5/5 4/5 3/5 4/5
2026-04-30 A- 4/5 3/5 2/5 5/5 3/5 3/5 4/5
2026-04-29 A- 4/5 3/5 2/5 5/5 3/5 3/5 4/5
2026-04-28 A- 4/5 3/5 2/5 5/5 3/5 3/5 4/5
2026-04-27 A- 4/5 3/5 2/5 5/5 3/5 3/5 4/5
2026-04-24 B+ 3/5 3/5 2/5 5/5 2/5 3/5 3/5
2026-04-23 B+ 3/5 3/5 2/5 5/5 2/5 3/5 3/5
2026-04-22 B+ 3/5 3/5 2/5 5/5 2/5 3/5 3/5
2026-04-21 B+ 3/5 3/5 2/5 5/5 2/5 3/5 4/5
2026-04-20 B+ 3/5 3/5 2/5 5/5 2/5 3/5 4/5
2026-04-17 B+ 3/5 3/5 2/5 5/5 2/5 3/5 4/5
2026-04-16 B+ 3/5 3/5 2/5 5/5 2/5 3/5 4/5
2026-04-15 B+ 3/5 3/5 2/5 5/5 2/5 3/5 4/5
2026-04-14 B+ 3/5 3/5 2/5 5/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
7.01B
OE per share TTM
2.78
Owner's Yield
4.69%
Maintenance CapEx ratio
8.75%
Maint CapEx / Avg PPE
48.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
61.9K
Shares Outstanding
2.52B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Andrew John Hunter MDBA MHKICPA MICAS Co-Managing Director & Executive Director 35M male
Tzar Kuoi Li Executive Chairman 30M male
Hing Lam Kam Deputy Chairman & Co-Managing Director 14M male
Loi Shun Chan FCCA FCPA CFO, GM & Executive Director 14M male
Tsien Hua Chen Head of Business Development & Executive Director 10M female
Kin Ning Fok Deputy Chairman of the Board 75.0K male
Tak Chuen Deputy Chairman of the Board 75.0K male
Frank John Sixt Executive Director 75.0K male
Kee Ham Chan Chief Planning & Investment Officer male
Yue Seng Chiu Head of Corporate Finance male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits