CK Asset stock reports sharp first-half profit growth

Published on 10/07/2026 at 04:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CK Asset stock traded at HKD 45.26 on October 7, 2026, with a market value of HKD 158.4 billion. Analysts listed an average target of HKD 53.00.

CK Asset, KYG2177B1014, Illustration mit AI erstellt.

CK Asset stock was trading at HKD 45.26 on the Hong Kong Stock Exchange on October 7, 2026 at 9:53 a.m. HKT, while the property group entered the final quarter with sharp first-half earnings growth. The market capitalization stood at HKD 158.4 billion and the stock's 52-week range was HKD 36.66 to HKD 52.35.

First half delivers a profit lift

GMT Eight reported on August 13, 2026 that CK Asset generated HKD 40.306 billion in first-half 2026 revenue, an increase of 58.77 percent from the same period a year earlier. Attributable profit reached HKD 8.683 billion, up 37.78 percent, while the company proposed an interim dividend of HKD 0.41 per share.

The headline profit increase was helped by asset disposals rather than property development alone. The same August 13, 2026 report said the sale of a UK joint venture generated HKD 9.787 billion in profit, giving the result a clear one-off component alongside the group's recurring businesses.

Margins remain the pressure point

CK Asset's first-half property sales revenue reached HKD 21.618 billion, compared with HKD 7.366 billion in the first half of 2025, according to GMT Eight. Yet the development profit margin fell to 3.5 percent because projects such as Blue Coast I and II carried high land costs.

The earnings call published by Yahoo Finance also highlighted a net cash position of HKD 21.9 billion at June 30, 2026. Bank and other borrowings stood at HKD 43.8 billion, down HKD 7.6 billion from December 31, 2025, which gives the balance sheet room to pursue recurring-income assets while management remains cautious.

Consensus target stays above the quote

The analyst consensus published by Investing.com is Buy, based on 10 analysts, with six Buy ratings, four Holds and zero Sells. The average 12-month target is HKD 53.00, while the published low and high are HKD 45.00 and HKD 62.00; the average target lies 17.1 percent above the October 7 price.

For investors, the key contrast is visible in the numbers: revenue and attributable profit accelerated, but a 3.5 percent development margin and the disposal contribution make the quality of earnings more important than the headline growth rate. CK Asset's recurring-income base and HKD 21.9 billion net cash position are therefore central to the stock's valuation discussion.

CK Asset stock holds above HKD 45

CK Asset stock was last at HKD 45.26 on the Hong Kong Stock Exchange on October 7, 2026 at 9:53 a.m. HKT, with a daily change of 0.09 percent and volume of 2,953,331 shares.