Hong Kong Exchanges and Clearing Limited (HKG:0388)

Hong Kong · Delayed Price · Currency is HKD

401.80

-7.60 (-1.86%)

Mar 4, 2026, 3:15 PM HKT

Revenue Breakdown

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Cash (Post-FY2022 Reporting) Revenue	14.70B	9.42B
Cash (Post-FY2022 Reporting) Revenue Growth	56.06%	15.41%
Derivatives (Post-FY2022 Reporting) Revenue	6.86B	6.20B
Derivatives (Post-FY2022 Reporting) Revenue Growth	10.62%	-4.58%
Commodities (Post-FY2022 Reporting) Revenue	3.17B	2.79B
Commodities (Post-FY2022 Reporting) Revenue Growth	13.74%	27.42%
Data & Connectivity (Post-FY2022 Reporting) Revenue	2.27B	2.13B
Data & Connectivity (Post-FY2022 Reporting) Revenue Growth	6.77%	2.56%
Corporate Items Revenue	2.15B	1.83B
Corporate Items Revenue Growth	17.39%	15.42%

Revenue Breakdown 2

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Corporate Items Revenue	2.15B	1.83B
Corporate Items Revenue Growth	17.39%	15.42%

Revenue by Geography

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Hong Kong Revenue	20.72B	14.67B
Hong Kong Revenue Growth	41.24%	10.11%
United Kingdom Revenue	2.95B	2.60B
United Kingdom Revenue Growth	13.71%	27.74%
Mainland China Revenue	77.00M	83.00M
Mainland China Revenue Growth	-7.23%	-9.78%

EBITDA

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Cash (Post-FY2022 Reporting) Segment EBITDA	13.40B	8.17B
Cash (Post-FY2022 Reporting) Segment EBITDA Growth	64.01%	16.25%
Derivatives (Post-FY2022 Reporting) Segment EBITDA	5.60B	4.99B
Derivatives (Post-FY2022 Reporting) Segment EBITDA Growth	12.16%	-7.64%
Commodities (Post-FY2022 Reporting) Segment EBITDA	1.82B	1.57B
Commodities (Post-FY2022 Reporting) Segment EBITDA Growth	15.76%	60.61%
Data & Connectivity (Post-FY2022 Reporting) Segment EBITDA	1.83B	1.69B
Data & Connectivity (Post-FY2022 Reporting) Segment EBITDA Growth	8.39%	3.49%
Corporate Items Segment EBITDA	145.00M	-144.00M

EBITDA 2

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Corporate Items Segment EBITDA	145.00M	-144.00M

Key Performance Indicators

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
ADT of Equity Products Traded on the Stock Exchange	231.50B	120.00B
ADT of Equity Products Traded on the Stock Exchange Growth	92.92%	28.75%
ADT of DWs, CBBCs and Warrants Traded on the Stock Exchange	18.30B	11.80B
ADT of DWs, CBBCs and Warrants Traded on the Stock Exchange Growth	55.08%	-
ADT Traded on the Stock Exchange (Headline ADT)	249.80B	131.80B
ADT Traded on the Stock Exchange (Headline ADT) Growth	89.53%	25.52%
ADT of Northbound Trading of Stock Connect	212.40B	150.10B
ADT of Northbound Trading of Stock Connect Growth	41.51%	38.60%
ADT of Southbound Trading of Stock Connect	121.10B	48.20B
ADT of Southbound Trading of Stock Connect Growth	151.25%	54.98%
ADV of Derivatives Contracts Traded on the Futures Exchange	783.00K	830.00K
ADV of Derivatives Contracts Traded on the Futures Exchange Growth	-5.66%	11.86%
ADV of Stock Options Contracts Traded on the Stock Exchange	880.00K	720.00K
ADV of Stock Options Contracts Traded on the Stock Exchange Growth	22.22%	17.65%
Chargeable ADV of Metals Contracts Traded on the LME (Lots)	717.00K	664.00K
Chargeable ADV of Metals Contracts Traded on the LME (Lots) Growth	7.98%	18.15%
ADT of Northbound Bond Connect	39.00B	41.60B
ADT of Northbound Bond Connect Growth	-6.25%	4.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai.