Hong Kong Exchanges and Clearing Limited (HKG:0388)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
399.00
-7.20 (-1.77%)
Jul 24, 2026, 4:08 PM HKT

HKG:0388 Financials Overview

Millions HKD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
30,20228,85622,27320,39218,27320,753
Revenue Growth
26.34%29.56%9.22%11.60%-11.95%8.93%
Gross Profit
29,15727,82721,32319,51517,47919,976
Operating Income
22,63921,32115,20513,61211,85514,975
Net Income
18,86517,75413,05011,86210,07812,535
Earnings Per Share
14.8814.0110.299.367.959.89
EPS Growth
33.21%36.15%9.94%17.74%-19.62%8.80%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash
15,56614,7049,4228,1649,034-
Derivatives
7,0226,8636,2046,5025,279-
Commodities
3,4643,1712,7882,1882,051-
Data & Connectivity
2,3232,2702,1262,0731,998-
Corporate Items
2,1322,1531,8341,589949

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
170,60524,83327,66231,46933,14031,820
Total Debt
1,2191,2491,7462,0512,2362,485
Net Cash (Debt)
169,38623,58425,91629,41830,90429,335
Net Cash Growth
-30.99%-9.00%-11.90%-4.81%5.35%-2.35%
Net Cash Per Share
133.5718.6120.4423.2024.3823.14

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-25,62712,77411,50014,95612,340
Capital Expenditures
--4,881-1,604-1,386-1,284-1,070
Free Cash Flow
-20,74611,17010,11413,67211,270
Free Cash Flow Growth
-85.73%10.44%-26.02%21.31%-16.01%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
96.54%96.43%95.73%95.70%95.66%96.26%
Operating Margin
74.96%73.89%68.27%66.75%64.88%72.16%
Pretax Margin
74.42%73.32%66.69%65.38%63.80%71.51%
Profit Margin
62.46%61.53%58.59%58.17%55.15%60.40%
FCF Margin
-71.89%50.15%49.60%74.82%54.31%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
13.04012.5209.2608.4107.1408.870
Dividend Per Share Growth
35.21%35.20%10.11%17.79%-19.50%8.57%
Dividend Yield
3.27%3.12%3.28%3.39%2.35%2.21%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
26.8229.0228.5728.5942.3445.96
Forward PE
27.5133.0528.1528.6434.9938.29
P/FCF Ratio
-24.8333.3733.5331.2151.12
PS Ratio
16.7017.8516.7416.6323.3527.76