Hong Kong Exchanges and Clearing Limited Website

Hong Kong Exchanges and Clearing Limited

SEHK-388

Basic

  • Market Cap

    HK$325.75B

  • EV

    HK$121.97B

  • Shares Out

    1,264.55M

  • Revenue

    HK$20.04B

  • Employees

    2,419

Margins

  • Gross

    95.54%

  • EBITDA

    67.98%

  • Operating

    65.62%

  • Pre-Tax

    64.18%

  • Net

    57.02%

  • FCF

    49.59%

Returns (5Yr Avg)

  • ROA

    3.08%

  • ROTA

    36.11%

  • ROE

    23.43%

  • ROCE

    25.86%

  • ROIC

    3.61%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    HK$298.5

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    HK$206.27B

  • Net Debt

    -HK$204.26B

  • Debt/Equity

    0.04

  • EBIT/Interest

    170.74

Growth (CAGR)

  • Rev 3Yr

    -1.48%

  • Rev 5Yr

    4.63%

  • Rev 10Yr

    8.55%

  • Dil EPS 3Yr

    -4.45%

  • Dil EPS 5Yr

    3.73%

  • Dil EPS 10Yr

    8.62%

  • Rev Fwd 2Yr

    4.95%

  • EBITDA Fwd 2Yr

    5.55%

  • EPS Fwd 2Yr

    4.75%

  • EPS LT Growth Est

    15.3%

Dividends

  • Yield

  • Payout

    89.72%

  • DPS

    HK$8.41

  • DPS Growth 3Yr

    0.97%

  • DPS Growth 5Yr

    4.62%

  • DPS Growth 10Yr

    9.04%

  • DPS Growth Fwd 2Yr

    4.49%

Select a metric from the list below to chart it

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

Dec '23

LTM

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Operating Revenues

12,356

15,430

17,907

15,428

13,863

13,640

Interest And Invest. Income

2,808

2,388

1,505

1,440

5,039

4,846

Other Revenues, Total

1,116

1,233

1,365

1,420

1,495

1,550

Total Revenues

16,280

19,051

20,777

18,288

20,397

20,036

Total Revenues % Chg.

2.9%

17%

9.1%

-12%

11.5%

4.5%

Cost of Goods Sold, Total

647

704

777

794

877

893

Gross Profit

15,633

18,347

20,000

17,494

19,520

19,143

Selling General & Admin Expenses, Total

3,017

3,318

3,338

3,852

4,122

4,238

Depreciation & Amortization

1,044

1,197

1,354

1,459

1,443

1,423

Other Operating Expenses

333

305

309

313

338

335

Other Operating Expenses, Total

4,394

4,820

5,001

5,624

5,903

5,996

Operating Income

11,239

13,527

14,999

11,870

13,617

13,147

Interest Expense, Total

-125

-128

-100

-87

-82

-77

Net Interest Expenses

-125

-128

-100

-87

-82

-77

Income (Loss) On Equity Invest.

32

69

80

71

82

88

Currency Exchange Gains (Loss)

Other Non Operating Income (Expenses)

-103

-169

-172

-233

-306

-320

EBT, Excl. Unusual Items

11,043

13,299

14,807

11,621

13,311

12,838

Merger & Related Restructuring Charges

-123

Gain (Loss) On Sale Of Assets

22

24

22

17

2

2

Insurance Settlements

Legal Settlements

Other Unusual Items

9

9

12

21

19

19

EBT, Incl. Unusual Items

10,951

13,332

14,841

11,659

13,332

12,859

Income Tax Expense

1,561

1,845

2,343

1,564

1,351

1,313

Earnings From Continuing Operations

9,390

11,487

12,498

10,095

11,981

11,546

Minority Interest

1

18

37

-17

-119

-122

Net Income

9,391

11,505

12,535

10,078

11,862

11,424

Net Income to Common Incl Extra Items

9,391

11,505

12,535

10,078

11,862

11,424

Net Income to Common Excl. Extra Items

9,391

11,505

12,535

10,078

11,862

11,424

Total Shares Outstanding

1,257.9

1,265.9

1,265.5

1,265.4

1,264.5

1,263.8

Weighted Avg. Shares Outstanding

1,253.7

1,262.7

1,265.4

1,265.5

1,265.5

1,264.7

Weighted Avg. Shares Outstanding Dil

1,256.7

1,265.8

1,267.6

1,267.7

1,267.8

1,268.4

EPS

7.5

9.1

9.9

8

9.4

9

EPS Diluted

7.5

9.1

9.9

8

9.4

9

EBITDA

11,606

13,906

15,406

12,308

14,084

13,621.3

Effective Tax Rate

14.3%

13.8%

15.8%

13.4%

10.1%

10.2%