CTF Services Limited

CTF Services Limited

8.51
HKD
-0.20
(-2.35%)
33.62BMarket Cap
Feb 19Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.08
5.28
5.94
7.07
7.41
8.2
6.25
5.26
6.55
7.24
6.31
6.11
- -
- -
Basic EPS, GAAP
1.01
1.06
1.09
1.18
1.33
1.42
0.99
0.19
0.39
0.5
0.48
0.59
- -
- -
Free Cash Flow per Basic Share
0.59
0.72
0.61
0.7
0.37
0.91
0.34
-1.44
-0.12
0.9
1.11
0.45
- -
- -
Dividend per Share
0.23
0.37
0.34
0.44
0.46
1.3
0.68
0.53
0.53
0.55
0.55
2.04
- -
- -
Book Value per Share
9.94
10.26
10.94
10.82
11.47
11.65
13.27
13.22
13.58
12.51
12.95
9.85
- -
9.15
Tangible Book Value per Share
5.7
6.33
7.24
7.65
8.5
8.8
10.76
7.26
7.62
6.89
8.49
5.73
- -
5.46
Basic Weighted Avg Shares
3,983
4,065
4,127
4,173
4,233
4,283
4,292
4,302
4,302
4,302
4,302
4,321
4,400
4,427
Sales/Revenue/Turnover
16,248
21,443
24,492
29,498
31,385
35,115
26,834
22,612
28,197
31,139
27,121
26,422
- -
- -
Operating Margin (%)
15.42
10.85
9.26
8.03
7.62
6.6
6.25
0.96
1.97
-0.04
8.25
6.16
- -
- -
Depreciation Expense
853
907
998
1,024
1,203
1,487
1,482
1,933
2,059
1,566
1,677
1,759
- -
- -
Net Income, GAAP
4,008
4,325
4,478
4,913
5,629
6,069
4,230
835
1,697
2,170
2,059
2,542
- -
- -
Effective Tax Rate (%)
13.57
12.14
9.54
11.31
10.82
10.85
13.27
34.67
28.29
23.44
26.83
21.1
- -
- -
Profit Margin (%)
24.67
20.17
18.28
16.65
17.94
17.28
15.76
3.69
6.02
6.97
7.59
9.62
- -
- -
Working Capital
8,154
2,902
7,099
5,774
6,396
6,423
15,756
-7,063
-3,294
-15,440
-32,035
-48,888
- -
-63,259
LT Debt
16,375
12,252
13,584
9,323
9,423
9,179
12,701
28,496
24,334
19,249
22,778
25,847
- -
28,594
Total Equity
41,021
43,043
46,188
45,858
49,275
50,124
57,247
57,458
58,454
53,887
55,743
43,352
- -
41,185
Return on Invested Capital (%)
5.51
5.19
5.68
5.61
5.07
7.6
3.44
1.38
1.39
2.92
2.6
3.71
- -
- -
Return on Capital (%)
8.1
8.11
8.06
8.65
9.94
10.47
6.78
1.77
2.56
3.27
3.34
4.34
- -
- -
Return on Common Equity (%)
10.55
10.5
10.22
10.79
11.89
12.26
7.9
1.47
2.94
3.87
3.76
5.13
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'25
Jun'25
Dec'26
ST Debt
2,331
- -
6,771
LT Borrowings
32,365
- -
27,959
LT Finance Leases
656
- -
635
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,397
4,411
4,501
Market Capitalization
30,941
29,913
33,620

Working Capital

HKD

•

in mil. unless spec.
Dec'25
Jun'25
Dec'26
Total Current Assets
35,089
- -
40,697
Cash, Cash Equivalents & STI
28,473
- -
34,576
Accounts Receivable, Net
6,595
- -
6,098
Inventories
21
- -
23
Total Current Liabilities
82,911
- -
103,956
Payables & Accruals
- -
- -
- -
ST Debt
2,331
- -
6,771
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
26,422
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.59
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.04
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Brian Cheng Chi Ming
Full Time Employees
10,700
Sector
Industrial services
Industry
Engineering & construction
Address
NCB Innovation Centre Hong Kong Hong Kong 10036
IPO Date
Apr 25, 1997
Business
CTF Services Limited operates as a diversified conglomerate primarily in Hong Kong and Mainland China, providing a comprehensive range of market-leading businesses. Its core products and services include the development, investment, and operation of toll roads; insurance and financial planning products encompassing life insurance, medical insurance, critical illness insurance, personal accident insurance, savings insurance plans, annuities, and investment-linked assurance schemes; logistics services managing multiple premium logistics assets and providing operational management and solutions; construction services covering general contracting, construction management, civil engineering, piling, and ground investigation; facilities management encompassing venue management for exhibitions, conventions, entertainment events, hospital operations, and sports park management; property investment and agency services; retailing duty-free tobacco, liquor, cosmetics, and general merchandise; and provision of catering, carpark, commercial complex, and hotel management services. The company was founded in 1996 and is headquartered in Cheung Sha Wan, Hong Kong. It operates as a subsidiary of Chow Tai Fook Enterprises Limited. Recent major developments include its strategic acquisition in August 2025 of a 65% equity interest in Blackhorn Group Limited, a Hong Kong-based private wealth management firm, to expand its financial services segment. This move is aimed at creating an integrated wealth management platform by combining Blackhorn's private wealth management services with the insurance business of Chow Tai Fook Life Insurance and the digital brokerage capabilities of uSmart Inlet Group, thereby offering a one-stop platform for insurance, investment banking, securities trading, financial planning, and asset management. The company also continues to focus on sustainability and value creation across its diversified operations, reinforcing its position in the infrastructure, financial services, logistics, construction, and facilities management sectors. CTF Services Limited maintains its business operations predominantly across Hong Kong and the Mainland, targeting a broad range of customers including individuals, institutional investors, and commercial enterprises within these regions. Its diversified portfolio and strategic expansions underscore its commitment to delivering innovative, client-centric solutions in infrastructure development, financial services, logistics, and facilities management.

Company News

  • CTF Services Limited (NWSGY) Q4 2026 Earnings Call Transcript

  • NWS Holdings Limited (OTCMKTS:NWSZF) Short Interest Update

  • CTF Services Limited (NWSGY) Q4 2025 Earnings Call Transcript