Hong Kong Exchanges and Clearing Limited (HKG:0388)
Hong Kong · Delayed Price · Currency is HKD 408.80
+5.40 (1.34%)
Sep 4, 2026, 4:08 PM HKT
HKG:0388 Cash Flow Statement
Financials in millions HKD. Fiscal year is January - December.
Millions HKD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 19,803 | 17,754 | 13,050 | 11,862 | 10,078 | 12,535 |
Depreciation & Amortization | 737 | 703 | 692 | 762 | 744 | 717 |
Other Amortization | 810 | 810 | 710 | 681 | 715 | 637 |
Asset Writedown & Restructuring Costs | 55 | 55 | - | - | - | - |
Loss (Gain) From Sale of Investments | -37 | 94 | -264 | -120 | 507 | -485 |
Loss (Gain) on Equity Investments | -23 | -26 | -88 | -82 | -71 | -80 |
Stock-Based Compensation | 388 | 361 | 390 | 399 | 380 | 324 |
Provision & Write-off of Bad Debts | - | - | - | - | - | 7 |
Other Operating Activities | 758 | 4,936 | -461 | -1,984 | 2,779 | -1,328 |
Change in Accounts Receivable | -21,953 | -11,679 | -10,687 | -8,231 | 4,869 | 15,389 |
Change in Other Net Operating Assets | 22,170 | 12,619 | 9,432 | 8,213 | -5,045 | -15,376 |
Operating Cash Flow | 22,708 | 25,627 | 12,774 | 11,500 | 14,956 | 12,340 |
Operating Cash Flow Growth | 5.74% | 100.62% | 11.08% | -23.11% | 21.20% | -16.45% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -4,672 | -4,881 | -1,604 | -1,386 | -1,284 | -1,070 |
Cash Acquisitions | -305 | - | - | - | - | - |
Investment in Securities | -3,198 | -2,862 | 3,806 | -5,768 | -647 | 3,308 |
Other Investing Activities | 2,789 | 2,178 | 992 | 864 | 231 | 38 |
Investing Cash Flow | -5,386 | -5,565 | 3,194 | -6,290 | -1,700 | 2,276 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Repaid | - | -251 | -255 | -307 | -309 | -310 |
Net Debt Issued (Repaid) | -251 | -251 | -255 | -307 | -309 | -310 |
Repurchase of Common Stock | -534 | -512 | -481 | -448 | -350 | -681 |
Common Dividends Paid | -15,759 | -13,722 | -10,416 | -10,316 | -9,665 | -11,527 |
Other Financing Activities | -139 | -150 | -109 | -179 | -49 | -151 |
Financing Cash Flow | -16,683 | -14,635 | -11,261 | -11,250 | -10,373 | -12,669 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 5 | 16 | -9 | -6 | -23 | 9 |
Net Cash Flow | 644 | 5,443 | 4,698 | -6,046 | 2,860 | 1,956 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 18,036 | 20,746 | 11,170 | 10,114 | 13,672 | 11,270 |
Free Cash Flow Growth | 5.07% | 85.73% | 10.44% | -26.02% | 21.31% | -16.01% |
Free Cash Flow Margin | 57.28% | 71.89% | 50.15% | 49.60% | 74.82% | 54.31% |
Free Cash Flow Per Share | 14.23 | 16.37 | 8.81 | 7.98 | 10.79 | 8.89 |
Levered Free Cash Flow | 54,046 | 7,537 | 6,495 | 7,157 | 8,717 | 9,162 |
Unlevered Free Cash Flow | 54,071 | 7,566 | 6,534 | 7,209 | 8,771 | 9,224 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 5,757 | 4,667 | 5,883 | 6,072 | 2,339 | 126 |
Cash Income Tax Paid | 1,982 | 1,533 | 1,283 | 2,947 | 574 | 2,150 |
Change in Working Capital | 217 | 940 | -1,255 | -18 | -176 | 13 |