CTF Services Limited

CTF Services Limited

NWSZF
CTF Services LimitedUS flagOther OTC
1.00
USD
- -
- -
4.57BMarket Cap
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
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
0.92
0.92
0.91
0.92
0.92
0.91
0.91
0.91
0.91
0.91
0.91
0.93
- -
Tangible Book Value per Share
5.99
6.62
7.48
7.78
8.63
8.84
10.83
7.4
7.62
6.9
8.5
5.83
- -
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
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
1,758
- -
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
- -
LT Debt
16,374
12,252
13,584
9,323
9,423
9,179
12,701
28,496
24,334
19,249
22,778
25,847
- -
Total Equity
41,021
43,043
46,188
45,858
49,275
50,124
57,247
57,458
58,454
53,887
55,742
43,352
- -
Return on Invested Capital (%)
3.8
3.4
3.29
3.37
3.53
3.43
2.18
0.17
0.46
-0.01
2.04
1.65
- -
Return on Capital (%)
20.2
21.74
22.79
26.41
36.1
44.43
26.88
5.18
6.75
9.08
9.26
10.57
- -
Return on Common Equity (%)
98.29
116.61
119.13
129.16
145.82
155.91
108.36
21.35
43.38
55.48
52.65
64.29
- -

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

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
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
26,422
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.59
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.04
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Chi-Ming Cheng
Full Time Employees
10,800
Sector
Industrials
Industry
Engineering & Construction
Address
NCB Innovation Centre Kowloon Hong Kong
IPO Date
Feb 19, 2013
Business
CTF Services Limited (Hong Kong Stock Code: 659; OTC: NWSZF) is a diversified conglomerate primarily engaged in toll roads, financial services, logistics, construction, and facilities management, with operations concentrated in Hong Kong and Mainland China. Founded in 1996 and headquartered at 21/F, NCB Innovation Centre, 888 Lai Chi Kok Road, Cheung Sha Wan, Kowloon, Hong Kong, the company operates under Chow Tai Fook Enterprises Limited and employs approximately 10,400 people. Its toll roads portfolio encompasses key assets such as the Beijing-Zhuhai Expressway (Guangzhou-Zhuhai Section and Northern Section), Guangzhou-Zhaoqing Expressway, Shenzhen-Huizhou Expressway (Huizhou Section), Guangzhou Dongxin Expressway, Guangzhou City Nansha Port Expressway, Hangzhou Ring Road, Shanxi Taiyuan-Gujiao Roadway (Gujiao Section), Tangjin Expressway (Tianjin North Section), Hubei Suiyuenan Expressway, Hubei Laogu Expressway, Hunan Sui-Yue Expressway, Hunan Changliu Expressway, and Guangxi Guiwu Expressway; financial services include Chow Tai Fook Life Insurance Company Limited (CTF Life, formerly FTLife), digital brokerage via uSmart Inlet Group Limited, and private wealth management through Blackhorn Group Limited; logistics covers premium facilities like ATL Logistics Centre, CTF Chengdu Airport Logistics Centre, CTF Longquan Logistics Centre, CTF Xinjin Logistics Centre, CTF Xindu Logistics Centre, CTF Xindu North Industrial Park, CTF Hannan Logistics Park, Suzhou Industrial Park, and China United International Rail Containers Co., Limited, serving sectors including retail, e-commerce, consumer goods, automotive, life sciences, and healthcare; construction subsidiaries comprise Hip Hing Group, Vibro Group, Quon Hing Group, and Hsin Chong Aster Building Services Limited, providing piling, ground investigation, and building services; facilities management handles operations at Hong Kong Convention and Exhibition Centre, Gleneagles Hong Kong Hospital, and Kai Tak Sports Park Limited. In recent developments, CTF Services entered a conditional agreement in August 2025 to acquire 65% equity in Blackhorn Group Limited, enhancing its wealth management platform by integrating private wealth expertise with CTF Life's insurance and uSmart's digital brokerage for comprehensive services spanning insurance, investment banking, securities trading, financial planning, and asset management across Hong Kong, Greater China, and Southeast Asia; it also pursued equity interests in uSmart Inlet Group Limited to bolster wealth management expansion; earlier portfolio optimization since 2018 included divesting Citybus and New World First Bus to Bravo Transport in August 2020, New World First Ferry to Chu Kong Shipping in 2020, and its stake in Chengdu Jintang Power Plant to exit fossil fuels, alongside a rebranding from NWS Holdings Limited.

Company News

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