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Hong Kong Economic Times Holdings SEHK:423 Stock Report

Last Price

HK$0.86

Market Cap

HK$371.2m

7D

-1.1%

1Y

-27.1%

Updated

27 Jul, 2024

Data

Company Financials

Hong Kong Economic Times Holdings Limited

SEHK:423 Stock Report

Market Cap: HK$371.2m

Hong Kong Economic Times Holdings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hong Kong Economic Times Holdings
Historical stock prices
Current Share PriceHK$0.86
52 Week HighHK$1.21
52 Week LowHK$0.75
Beta0.18
11 Month Change-4.44%
3 Month Change-4.44%
1 Year Change-27.12%
33 Year Change-30.08%
5 Year Change-44.52%
Change since IPO-62.61%

Recent News & Updates

Recent updates

Hong Kong Economic Times Holdings (HKG:423) Is Increasing Its Dividend To HK$0.07

Aug 04
Hong Kong Economic Times Holdings (HKG:423) Is Increasing Its Dividend To HK$0.07

Hong Kong Economic Times Holdings (HKG:423) Is Paying Out A Larger Dividend Than Last Year

Jun 29
Hong Kong Economic Times Holdings (HKG:423) Is Paying Out A Larger Dividend Than Last Year

Hong Kong Economic Times Holdings (HKG:423) Has Announced A Dividend Of HK$0.03

Nov 23
Hong Kong Economic Times Holdings (HKG:423) Has Announced A Dividend Of HK$0.03

Here's What To Make Of Hong Kong Economic Times Holdings' (HKG:423) Decelerating Rates Of Return

Sep 28
Here's What To Make Of Hong Kong Economic Times Holdings' (HKG:423) Decelerating Rates Of Return

Hong Kong Economic Times Holdings (HKG:423) Will Pay A Larger Dividend Than Last Year At HK$0.065

Aug 12
Hong Kong Economic Times Holdings (HKG:423) Will Pay A Larger Dividend Than Last Year At HK$0.065

Hong Kong Economic Times Holdings' (HKG:423) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 30
Hong Kong Economic Times Holdings' (HKG:423) Shareholders Will Receive A Bigger Dividend Than Last Year

Hong Kong Economic Times Holdings (HKG:423) Has Announced That It Will Be Increasing Its Dividend To HK$0.03

Nov 24
Hong Kong Economic Times Holdings (HKG:423) Has Announced That It Will Be Increasing Its Dividend To HK$0.03

Hong Kong Economic Times Holdings' (HKG:423) Dividend Will Be Increased To HK$0.06

Aug 06
Hong Kong Economic Times Holdings' (HKG:423) Dividend Will Be Increased To HK$0.06

Here's Why Shareholders May Want To Be Cautious With Increasing Hong Kong Economic Times Holdings Limited's (HKG:423) CEO Pay Packet

Jul 29
Here's Why Shareholders May Want To Be Cautious With Increasing Hong Kong Economic Times Holdings Limited's (HKG:423) CEO Pay Packet

Hong Kong Economic Times Holdings' (HKG:423) Upcoming Dividend Will Be Larger Than Last Year's

Jun 23
Hong Kong Economic Times Holdings' (HKG:423) Upcoming Dividend Will Be Larger Than Last Year's

Zooming in on HKG:423's 6.7% Dividend Yield

Apr 20
Zooming in on HKG:423's 6.7% Dividend Yield

How Much Did Hong Kong Economic Times Holdings' (HKG:423) Shareholders Earn On Their Investment Over The Last Five Years?

Mar 16
How Much Did Hong Kong Economic Times Holdings' (HKG:423) Shareholders Earn On Their Investment Over The Last Five Years?

Are Hong Kong Economic Times Holdings' (HKG:423) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 08
Are Hong Kong Economic Times Holdings' (HKG:423) Statutory Earnings A Good Guide To Its Underlying Profitability?

Looking For Steady Income For Your Dividend Portfolio? Is Hong Kong Economic Times Holdings Limited (HKG:423) A Good Fit?

Jan 18
Looking For Steady Income For Your Dividend Portfolio? Is Hong Kong Economic Times Holdings Limited (HKG:423) A Good Fit?

Reflecting on Hong Kong Economic Times Holdings' (HKG:423) Share Price Returns Over The Last Five Years

Dec 16
Reflecting on Hong Kong Economic Times Holdings' (HKG:423) Share Price Returns Over The Last Five Years

What Can We Conclude About Hong Kong Economic Times Holdings' (HKG:423) CEO Pay?

Nov 25
What Can We Conclude About Hong Kong Economic Times Holdings' (HKG:423) CEO Pay?

Shareholder Returns

423HK MediaHK Market
7D-1.1%0.8%-1.9%
1Y-27.1%-24.0%-6.7%

Return vs Industry: 423 underperformed the Hong Kong Media industry which returned -24% over the past year.

Return vs Market: 423 underperformed the Hong Kong Market which returned -6.7% over the past year.

Price Volatility

Is 423's price volatile compared to industry and market?
423 volatility
423 Average Weekly Movement3.5%
Media Industry Average Movement9.1%
Market Average Movement6.7%
10% most volatile stocks in HK Market14.1%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 423 has not had significant price volatility in the past 3 months.

Volatility Over Time: 423's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19881,184Lawrence Fungwww.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

How do Hong Kong Economic Times Holdings's earnings and revenue compare to its market cap?
423 fundamental statistics
Market capHK$371.18m
Earnings (TTM)HK$54.22m
Revenue (TTM)HK$923.89m

6.8x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
423 income statement (TTM)
RevenueHK$923.89m
Cost of RevenueHK$551.91m
Gross ProfitHK$371.99m
Other ExpensesHK$317.77m
EarningsHK$54.22m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin40.26%
Net Profit Margin5.87%
Debt/Equity Ratio0%

How did 423 perform over the long term?

See historical performance and comparison

Dividends

11.6%

Current Dividend Yield

80%

Payout Ratio

Does 423 pay a reliable dividends?

See 423 dividend history and benchmarks
When do you need to buy 423 by to receive an upcoming dividend?
Hong Kong Economic Times Holdings dividend dates
Ex Dividend DateAug 08 2024
Dividend Pay DateSep 06 2024
Days until Ex dividend10 days
Days until Dividend pay date39 days

Does 423 pay a reliable dividends?

See 423 dividend history and benchmarks
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