(1113.HK)CK Asset Holdings Limited 2023 financial data

HKD in millions except ratio, per share data

Total assets	556,711	514,821	508,885
Total equity	386,275	393,707	399,436
Debt ratio	31%	24%	22%
Stockholders' equity	371,228	379,631	385,844
Number of shares	3,677	3,628	3,571
Fiscal year	2021	2022	2023
Revenue	83,241	79,551	71,082
Net income	21,241	21,683	17,340
Net profit magin	26%	27%	24%
Net cash from operating activities	25,358	6,574	378
capital expenditure	5,433	-37,158	4,233
Principal elements of lease payments	551	344	330
Free cash flow	19,374	43,388	-4,185
EPS	$5.78	$5.98	$4.86
Free cash flow per share	$5.27	$11.96	-$1.17
Book value per share	$100.95	$104.63	$108.05
Dividends	$2.28	$2.28	$2.05
ROE	5.85%	5.78%	4.53%
ROA	3.94%	4.05%	3.39%

We observe that this large Hong Kong real estate company's revenue and profit are in a declining state. The dividend yield looks attractive, and the company occasionally repurchases its own shares. The current stock price is significantly below its book value. As a value investor, it may be worth buying a small amount of the company’s stock for a long-term investment, waiting for the stock price to recover.