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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Hong Kong Exchanges and Clearing Limited    0388   HK0388045442

HONG KONG EXCHANGES AND CLEARING LIMITED

(0388)
  Report  
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
Income Statement Evolution
Annual Income Statement Data
Actuals in M HKD Estimates in M HKD
Fiscal Period December 2016 2017 2018 2019 (e) 2020 (e) 2021 (e)
Sales 11 116 13 180 15 867 16 340 18 107 20 094
EBITDA 7 661 9 614 11 757 12 066 13 597 15 211
Operating profit (EBIT) 6 890 8 756 10 995 11 538 12 671 14 128
Pre-Tax Profit (EBT) 6 799 8 610 10 883 11 024 12 594 14 031
Net income 5 769 7 404 9 312 9 535 10 857 12 308
P/E ratio 38,6x 39,8x 30,3x 30,4x 26,9x 24,1x
EPS ( HKD ) 4,75 6,02 7,48 7,58 8,57 9,56
Dividend per Share ( HKD ) 4,25 5,40 6,71 6,81 7,69 8,61
Yield 2,32% 2,25% 2,96% 2,96% 3,34% 3,74%
Reference price ( HKD ) 183,200 239,800 226,600 230,200 230,200 230,200
Announcement Date 02/27/2017
04:24am
02/28/2018
04:07am
02/27/2019
04:14am
- - -
Finances - Leverage
Actuals in M HKD Estimates in M HKD
Fiscal Period December 2016 2017 2018 2019 (e) 2020 (e) 2021 (e)
Debt - - - - - -
Finance 112 301 153 800 120 030 51 058 115 966 123 983
Operating income (EBITDA) 7 661 9 614 11 757 12 066 13 597 15 211
Leverage
(Debt/EBITDA)
- - - - - -
Capital Expenditure 620 688 860 637 756 500
Free Cash Flow (FCF) 2 843 6 725 8 620 11 982 14 678 19 128
Book Value Per Share (BVPS) ( HKD ) 26,6 30,4 32,8 33,8 35,4 36,8
Cash Flow per Share ( HKD ) 2,85 5,57 7,62 7,67 9,12 10,2
Announcement Date 02/27/2017
04:24am
02/28/2018
04:07am
02/27/2019
04:14am
- - -
Balance Sheet Analysis
Assessed data source
© 2019 S&P Global Market Intelligence
Financial Ratios

Size 2019e 2020e
Capitalization 288 904 M HKD -
Entreprise Value (EV) 237 846 M HKD 172 937 M HKD
Valuation 2019e 2020e
P/E ratio (Price / EPS) 30,4x 26,9x
Capitalization / Revenue 17,7x 16,0x
EV / Revenue 14,6x 13,1x
EV / EBITDA 19,7x 17,5x
Yield (DPS / Price) 2,96% 3,34%
Price to book (Price / BVPS) 6,81x 6,50x
Profitability 2019e 2020e
Operating Margin (EBIT / Sales) 70,6% 70,0%
Operating Leverage (Delta EBIT / Delta Sales) 1,66x 0,91x
Net Margin (Net Profit / Revenue) 58,4% 60,0%
ROA (Net Profit / Asset) 3,69% 4,14%
ROE (Net Profit / Equities) 23,0% 25,0%
Rate of Dividend 89,9% 89,7%
Balance Sheet Analysis 2019e 2020e
CAPEX / Sales   3,90% 4,18%
Cash Flow / Sales 58,9% 63,2%
Capital Intensity (Assets / Sales) 15,8x 14,5x
Financial Leverage (Net Debt / EBITDA) - -
EPS & Dividend