423 Stock Overview
An investment holding company, operates as a diversified multi-media company primarily in Hong Kong and Mainland China. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Hong Kong Economic Times Holdings Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.77 |
| 52 Week High | HK$1.00 |
| 52 Week Low | HK$0.75 |
| Beta | 0.13 |
| 1 Month Change | -3.75% |
| 3 Month Change | -4.94% |
| 1 Year Change | -8.33% |
| 3 Year Change | -34.75% |
| 5 Year Change | -42.96% |
| Change since IPO | -66.52% |
Recent News & Updates
Recent updates
Hong Kong Economic Times Holdings' (HKG:423) Shareholders May Want To Dig Deeper Than Statutory Profit
Dec 02
Hong Kong Economic Times Holdings (HKG:423) Is Increasing Its Dividend To HK$0.07
Aug 04Hong Kong Economic Times Holdings (HKG:423) Is Paying Out A Larger Dividend Than Last Year
Jun 29Hong Kong Economic Times Holdings (HKG:423) Has Announced A Dividend Of HK$0.03
Nov 23Here's What To Make Of Hong Kong Economic Times Holdings' (HKG:423) Decelerating Rates Of Return
Sep 28Hong Kong Economic Times Holdings (HKG:423) Will Pay A Larger Dividend Than Last Year At HK$0.065
Aug 12Hong Kong Economic Times Holdings' (HKG:423) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 30Hong Kong Economic Times Holdings (HKG:423) Has Announced That It Will Be Increasing Its Dividend To HK$0.03
Nov 24Hong Kong Economic Times Holdings' (HKG:423) Dividend Will Be Increased To HK$0.06
Aug 06Here's Why Shareholders May Want To Be Cautious With Increasing Hong Kong Economic Times Holdings Limited's (HKG:423) CEO Pay Packet
Jul 29Hong Kong Economic Times Holdings' (HKG:423) Upcoming Dividend Will Be Larger Than Last Year's
Jun 23Zooming in on HKG:423's 6.7% Dividend Yield
Apr 20How Much Did Hong Kong Economic Times Holdings' (HKG:423) Shareholders Earn On Their Investment Over The Last Five Years?
Mar 16Are Hong Kong Economic Times Holdings' (HKG:423) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 08
Looking For Steady Income For Your Dividend Portfolio? Is Hong Kong Economic Times Holdings Limited (HKG:423) A Good Fit?
Jan 18Reflecting on Hong Kong Economic Times Holdings' (HKG:423) Share Price Returns Over The Last Five Years
Dec 16What Can We Conclude About Hong Kong Economic Times Holdings' (HKG:423) CEO Pay?
Nov 25Shareholder Returns
| 423 | HK Media | HK Market | |
|---|---|---|---|
| 7D | 1.3% | -3.7% | -0.5% |
| 1Y | -8.3% | 14.2% | 19.9% |
Return vs Industry: 423 underperformed the Hong Kong Media industry which returned 14.2% over the past year.
Return vs Market: 423 underperformed the Hong Kong Market which returned 19.9% over the past year.
Price Volatility
| 423 volatility | |
|---|---|
| 423 Average Weekly Movement | 4.5% |
| Media Industry Average Movement | 10.3% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 423 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 423's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | 1,054 | Lawrence Fung | www.hketgroup.com |
Hong Kong Economic Times Holdings Limited, an investment holding company, operates as a diversified multi-media company primarily in Hong Kong and Mainland China. It operates in two segments: Media; and Financial News Agency, Information, and Solutions. The Media segment engages in the printing and publication of newspapers, magazines, and books, as well as the operation of digital platforms, including recruitment, finance, and lifestyle.
Hong Kong Economic Times Holdings Limited Fundamentals Summary
| 423 fundamental statistics | |
|---|---|
| Market cap | HK$332.33m |
| Earnings (TTM) | HK$40.78m |
| Revenue (TTM) | HK$848.46m |
8.2x
P/E Ratio0.4x
P/S RatioIs 423 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 423 income statement (TTM) | |
|---|---|
| Revenue | HK$848.46m |
| Cost of Revenue | HK$513.73m |
| Gross Profit | HK$334.72m |
| Other Expenses | HK$293.95m |
| Earnings | HK$40.78m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.094 |
| Gross Margin | 39.45% |
| Net Profit Margin | 4.81% |
| Debt/Equity Ratio | 0% |
How did 423 perform over the long term?
See historical performance and comparisonDividends
13.0%
Current Dividend Yield106%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hong Kong Economic Times Holdings Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andy Poon | Maybank Research Pte. Ltd. |