Cheuk Nang (Holdings) Limited
HHKEX:1311.30
HKD
+0.03
(+2.36%)
ISIN
HK0131037993
Return %
Stock
S&P 500
1Y
-5.11
14.20
3Y
-21.21
81.12
5Y
-49.61
68.34
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
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in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
•
in mil. unless spec.Semi-annual Dividends Per Share
HKD
•
in mil. unless spec.Company Description
- CEO
- Sze Tsung Chao
- Full Time Employees
- 58
- Sector
- Finance
- Industry
- Real estate development
- Address
- Central Plaza Hong Kong Hong Kong
- IPO Date
- Aug 15, 1988
- Website
- cheuknang.com.hk
- Similar Companies
- Business
- Cheuk Nang (Holdings) Limited, an investment holding company listed on the Hong Kong Stock Exchange (0131.HK), engages in the investment, development, management, trading, and sales of residential, commercial, and retail properties primarily in Hong Kong, the People's Republic of China, Macau, and Malaysia; it operates through Property Sales, Property Rental, Estate Management, and Others segments, with the latter encompassing securities trading, investments in financial instruments and debentures, mortgage lending, and provision of secretarial and management services. Founded in 1963 as Far East Wool & Fibre Mill, Limited and renamed Cheuk Nang (Holdings) Limited in 1988 following its acquisition by Dr. Chao Sze Tsung Cecil, the company is headquartered at Room 4901, 49/F, Central Plaza, 18 Harbour Road, Wan Chai, Hong Kong, and functions as a subsidiary of Yan Yin Company Limited with approximately 47-49 employees. Key projects include One Kowloon Peak in Tsuen Wan, Villa Cecil Phases II and III in Pokfulam, Cheuk Nang Lookout on The Peak, New Villa Cecil in Cheung Chau, Cheuk Nang Garden in Shenzhen where 807 units have sold for RMB3.96 billion, Cheuk Nang Riverside in Hangzhou, Golden Cotai No. 1 in Coloane, Macau, Parkview Serviced Apartments and Cecil Central Residence in Kuala Lumpur, Malaysia; it maintains investment properties valued at HK$5.36 billion, properties under development at HK$1.39 billion, and financial assets including HK$51.2 million in bonds, HK$60.8 million in Hong Kong stocks, and HK$2.9 million in funds as of December 2024. Recent developments encompass ongoing sales and leasing at Cheuk Nang Garden Shenzhen with sustained campaign activity, public tenders for Villa Crocus at Cheuk Nang Lookout ending February 2025 without submissions but with two written offers under consideration, tendering for Cecil Central Residence Phase II in Kuala Lumpur concluding January 2025 with seven document purchases but no submissions, construction substantial completion and planning approval for Cheuk Nang Riverside Hangzhou pending building acceptance and strata titles, Phase 1 leasing exceeding 30% at New Villa Cecil Cheung Chau with Phase 2 construction nearing completion, occupancy rises to 75% at Villa Cecil Phase III Pokfulam and 80% at Parkview Kuala Lumpur accompanied by upgrades, an appeal to Macau's Chief Executive in February 2025 for additional land at Golden Cotai No. 1, bond portfolio redemption of HK$65,000 with no purchases leaving HK$51.2 million invested, stable stock and fund holdings without transactions, declaration of HK2.25 cents interim dividend per share matching prior year, and reporting of HK$34.9 million consolidated loss for the six months ended December 2024 versus prior profit amid HK$22.2 million fair value decline in investment properties offset by HK$6.5 million gain in FVTPL assets.