Hong Kong Exchanges and Clearing Limited (HKG:0388)

HKG:0388 Statistics

Total Valuation

HKG:0388 has a market cap or net worth of HKD 533.62 billion. The enterprise value is 228.47 billion.

Market Cap	533.62B
Enterprise Value	228.47B

Important Dates

The last earnings date was Wednesday, November 5, 2025.

Earnings Date	Nov 5, 2025
Ex-Dividend Date	Sep 2, 2025

Share Statistics

HKG:0388 has 1.26 billion shares outstanding. The number of shares has decreased by -0.11% in one year.

Current Share Class	1.26B
Shares Outstanding	1.26B
Shares Change (YoY)	-0.11%
Shares Change (QoQ)	-0.23%
Owned by Insiders (%)	0.01%
Owned by Institutions (%)	32.33%
Float	1.19B

Valuation Ratios

The trailing PE ratio is 31.11 and the forward PE ratio is 34.13. HKG:0388's PEG ratio is 2.42.

PE Ratio	31.11
Forward PE	34.13
PS Ratio	19.08
PB Ratio	9.76
P/TBV Ratio	15.57
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	2.42

Enterprise Valuation

EV / Earnings	13.28
EV / Sales	8.17
EV / EBITDA	10.78
EV / EBIT	11.12
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.06, with a Debt / Equity ratio of 0.02.

Current Ratio	1.06
Quick Ratio	0.93
Debt / Equity	0.02
Debt / EBITDA	0.06
Debt / FCF	n/a
Interest Coverage	418.41

Financial Efficiency

Return on equity (ROE) is 32.66% and return on invested capital (ROIC) is 23.53%.

Return on Equity (ROE)	32.66%
Return on Assets (ROA)	2.71%
Return on Invested Capital (ROIC)	23.53%
Return on Capital Employed (ROCE)	35.62%
Revenue Per Employee	11.45M
Profits Per Employee	7.04M
Employee Count	2,444
Asset Turnover	0.06
Inventory Turnover	n/a

Taxes

In the past 12 months, HKG:0388 has paid 3.04 billion in taxes.

Income Tax	3.04B
Effective Tax Rate	14.95%

Stock Price Statistics

The stock price has increased by +39.52% in the last 52 weeks. The beta is 0.97, so HKG:0388's price volatility has been similar to the market average.

Beta (5Y)	0.97
52-Week Price Change	+39.52%
50-Day Moving Average	435.51
200-Day Moving Average	396.57
Relative Strength Index (RSI)	40.41
Average Volume (20 Days)	4,363,735

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, HKG:0388 had revenue of HKD 27.97 billion and earned 17.20 billion in profits. Earnings per share was 13.57.

Revenue	27.97B
Gross Profit	26.97B
Operating Income	20.50B
Pretax Income	20.31B
Net Income	17.20B
EBITDA	20.89B
EBIT	20.50B
Earnings Per Share (EPS)	13.57

Balance Sheet

The company has 306.99 billion in cash and 1.29 billion in debt, giving a net cash position of 305.71 billion or 241.87 per share.

Cash & Cash Equivalents	306.99B
Total Debt	1.29B
Net Cash	305.71B
Net Cash Per Share	241.87
Equity (Book Value)	54.68B
Book Value Per Share	42.86
Working Capital	25.11B

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 96.40%, with operating and profit margins of 73.29% and 61.48%.

Gross Margin	96.40%
Operating Margin	73.29%
Pretax Margin	72.62%
Profit Margin	61.48%
EBITDA Margin	74.67%
EBIT Margin	73.29%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 12.00, which amounts to a dividend yield of 2.82%.

Dividend Per Share	12.00
Dividend Yield	2.82%
Dividend Growth (YoY)	31.80%
Years of Dividend Growth	2
Payout Ratio	n/a
Buyback Yield	0.11%
Shareholder Yield	2.93%
Earnings Yield	3.22%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

HKG:0388 has an Altman Z-Score of 1.02 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.02
Piotroski F-Score	6