APT Satellite Holdings Limited (HKG:1045)

APT Satellite Holdings Financials Overview

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

Revenue & Profits

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	716.5	739.09	784.65	833.98	944.31	927.81
Revenue Growth	-3.06%	-5.81%	-5.91%	-11.68%	1.78%	4.34%
Gross Profit Gross Profit Growth	194.42	201.86	284.13	355.57	455.05	446.4
Operating Income Operating Income Growth	69.22	89.84	185.47	258.3	352.79	329.4
Net Income Net Income Growth	133.65	141.39	205.22	237.65	231.61	263.38
Earnings Per Share EPS Growth	0.14	0.15	0.22	0.26	0.25	0.28
EPS Growth	-5.47%	-31.10%	-13.65%	2.61%	-12.06%	13.99%

Revenue by Geography

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Other Regions Other Regions Growth	81.7	87.53	94.03	92.69	98.35	120.41
Greater China (Which Incl. Mainland China, Taiwan & Macau but Excl. Hong Kong) Greater China (Which Incl. Mainland China, Taiwan & Macau but Excl. Hong Kong) Growth	336.72	342.78	341.81	350.26	429.7	424.5
Hong Kong Hong Kong Growth	136.57	139.87	136.79	133.45	93.02	91.46
Southeast Asia Southeast Asia Growth	161.51	168.92	212.02	257.58	323.24	291.44
Total Total Growth	716.5	739.09	784.65	833.98	944.31	927.81

Cash & Debt

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	2,797	2,737	2,450	2,152	1,753	1,369
Total Debt Total Debt Growth	120.91	82.64	111.32	146.94	166.79	182.91
Net Cash (Debt) Net Cash Growth	2,676	2,654	2,338	2,005	1,586	1,186
Net Cash Growth	0.83%	13.51%	16.64%	26.38%	33.72%	7.61%
Net Cash Per Share Net Cash Per Share Growth	2.88	2.86	2.52	2.16	1.71	1.28

Cash Flow & CapEx

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	314.45	341.89	455.91	566.91	661.57	626.94
Capital Expenditures CapEx Growth	-42.93	-47.02	-39.56	-17.18	-2.93	-28.13
Free Cash Flow Free Cash Flow Growth	271.52	294.87	416.35	549.73	658.64	598.8
Free Cash Flow Growth	-7.92%	-29.18%	-24.26%	-16.54%	9.99%	-12.10%

Margins

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	27.13%	27.31%	36.21%	42.63%	48.19%	48.11%
Operating Margin	9.66%	12.16%	23.64%	30.97%	37.36%	35.50%
Pretax Margin	19.69%	21.68%	29.73%	33.46%	30.42%	34.37%
Profit Margin	18.65%	19.13%	26.15%	28.50%	24.53%	28.39%
FCF Margin	37.90%	39.90%	53.06%	65.92%	69.75%	64.54%

Dividends

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.085	0.085	0.110	0.195	0.220	0.245
Dividend Per Share Growth	-11.11%	-22.73%	-43.59%	-11.36%	-10.20%	8.89%
Dividend Yield	4.04%	3.12%	5.23%	10.39%	13.30%	15.35%

Valuation

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	15.25	18.26	10.14	8.52	8.46	8.04
Forward PE	-	7.17	7.17	7.17	7.17	7.17
P/FCF Ratio	7.51	8.76	5.00	3.68	2.98	3.54
PS Ratio	2.84	3.49	2.65	2.43	2.08	2.28

Data Source: S&P Global Market Intelligence Last updated: Aug 20, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 10, 2026

Data Sources Report a data error