1310 Stock Overview

An investment holding company, provides fixed telecommunications network, international telecommunications, and mobile services to residential and enterprise customers in Hong Kong, Mainland China, and Macao. More details

1310 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	1/6
Financial Health	0/6
Dividends	2/6

Rewards

Trading at 84.3% below our estimate of its fair value

Earnings are forecast to grow 59.7% per year

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Dividend of 6.18% is not well covered by earnings

My Notes

Capture your thoughts, links and company narrative

HKBN Ltd. Competitors

PCCW

SEHK:8

HK$33.6b

HKT Trust and HKT

SEHK:6823

HK$72.6b

China Tower

SEHK:788

HK$195.8b

China Unicom (Hong Kong)

SEHK:762

HK$218.2b

Price History & Performance

Summary of share price highs, lows and changes for HKBN
Historical stock prices
Current Share Price	HK$5.10
52 Week High	HK$5.35
52 Week Low	HK$2.30
Beta	0.56
1 Month Change	18.33%
3 Month Change	65.58%
1 Year Change	55.02%
3 Year Change	-46.15%
5 Year Change	-60.95%
Change since IPO	-43.33%

Recent updates

Shareholder Returns

	1310	HK Telecom	HK Market
7D	-3.2%	2.9%	-1.9%
1Y	55.0%	34.8%	18.4%

Return vs Industry: 1310 exceeded the Hong Kong Telecom industry which returned 34.8% over the past year.

Return vs Market: 1310 exceeded the Hong Kong Market which returned 18.4% over the past year.

Price Volatility

Is 1310's price volatile compared to industry and market?
1310 volatility
1310 Average Weekly Movement	6.3%
Telecom Industry Average Movement	4.3%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	18.8%
10% least volatile stocks in HK Market	4.1%

Stable Share Price: 1310 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1310's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	3,881	William Yeung	www.hkbn.net

HKBN Ltd., an investment holding company, provides fixed telecommunications network, international telecommunications, and mobile services to residential and enterprise customers in Hong Kong, Mainland China, and Macao. The company offers fibre broadband, data connectivity, cloud and data center, managed Wi-Fi with home network security and parental control, hybrid work and business continuity, system integration, household and personal cybersecurity, and voice and collaboration services; home telephone; music streaming, home insurance, IT-as-a-service, healthcare, and e-Commerce shopping services; roaming and digital transformation solutions; and stationery and supplies for Transformation as a Service (TaaS) and OTT entertainment. It also provides data processing, property investment and holding, telecommunication, administrative support, enterprise systems, distribution and logistics, technical and product sale, Wi-Fi connectivity, internet, and security devices installation services; and technology solutions and consultancy services.

HKBN Ltd. Fundamentals Summary

How do HKBN's earnings and revenue compare to its market cap?
1310 fundamental statistics
Market cap	HK$6.69b
Earnings (TTM)	HK$10.28m
Revenue (TTM)	HK$10.65b

650.9x

P/E Ratio

0.6x

P/S Ratio

Is 1310 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1310 income statement (TTM)
Revenue	HK$10.65b
Cost of Revenue	HK$6.75b
Gross Profit	HK$3.90b
Other Expenses	HK$3.89b
Earnings	HK$10.28m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0078
Gross Margin	36.65%
Net Profit Margin	0.097%
Debt/Equity Ratio	430.9%

How did 1310 perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

4,018%

Payout Ratio

Does 1310 pay a reliable dividends?

See 1310 dividend history and benchmarks

When do you need to buy 1310 by to receive an upcoming dividend?
HKBN dividend dates
Ex Dividend Date	Dec 17 2024
Dividend Pay Date	Jan 03 2025
Days until Ex dividend	2 days
Days until Dividend pay date	15 days

Does 1310 pay a reliable dividends?

See 1310 dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 19:19
End of Day Share Price	2024/12/18 00:00
Earnings	2024/08/31
Annual Earnings	2024/08/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

HKBN Ltd. is covered by 17 analysts. 2 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
Wen Du	Barclays
Wai Kit Chu	BofA Global Research
Kai Qian	China International Capital Corporation Limited

1310 Stock Overview

Rewards

Risk Analysis

HKBN Ltd. Competitors

SEHK:8

HK$33.6b

SEHK:6823

HK$72.6b

SEHK:788

HK$195.8b

SEHK:762

HK$218.2b

Price History & Performance

Recent News & Updates

HKBN Ltd. Approves Final Dividend for the Year Ended 31 August 2024

Upcoming dividend of HK$0.17 per share

China Mobile Hong Kong Company Limited proposed to acquire HKBN Ltd. (SEHK:1310) from Canada Pension Plan Investment Board, TPG Capital, L.P., MBK Partners, GIC Private Limited and Tricor Trust (Hong Kong) Limited for HKD 6.9 billion.

HKBN Ltd. Announces Board and Committee Retirements

China Mobile in Talks to Take over HKBN in Cash Bid

Final dividend of HK$0.17 announced

Recent updates

HKBN Ltd. Approves Final Dividend for the Year Ended 31 August 2024

Upcoming dividend of HK$0.17 per share

China Mobile Hong Kong Company Limited proposed to acquire HKBN Ltd. (SEHK:1310) from Canada Pension Plan Investment Board, TPG Capital, L.P., MBK Partners, GIC Private Limited and Tricor Trust (Hong Kong) Limited for HKD 6.9 billion.

HKBN Ltd. Announces Board and Committee Retirements

China Mobile in Talks to Take over HKBN in Cash Bid

Final dividend of HK$0.17 announced

Full year 2024 earnings: EPS and revenues miss analyst expectations

HKBN Appoints Dr. Gabriel Leung as Chief Executive Officer - Enterprise Solutions

HKBN Ltd., Annual General Meeting, Dec 12, 2024

HKBN Ltd. to Report Fiscal Year 2024 Results on Oct 31, 2024

Now 22% undervalued

HKBN Group Appoints Denis Yip as President and Group Chief Operating Officer

Price target decreased by 17% to HK$2.83

Now 22% undervalued

HKBN and Bowtie Collaborates to Launch an Exclusive Four-In-One Healthcare Service Plan

Upcoming dividend of HK$0.15 per share

Price target decreased by 14% to HK$3.37

First half dividend reduced to HK$0.15

First half 2024 earnings released: EPS: HK$0.001 (vs HK$0.018 in 1H 2023)

HKBN Ltd. Recommends Interim Dividend for the Six Months Ended February 29, 2024, Payable on June 5, 2024

HKBN Ltd. to Report First Half, 2024 Results on Apr 26, 2024

Price target decreased by 11% to HK$3.90

Now 20% undervalued after recent price drop

HKBN Ltd. Announces Chief Executive Officer Changes

High number of new directors

Less than half of directors are independent

HKBN Ltd. Approves Final Dividend for the Year Ended 31 August 2023

Upcoming dividend of HK$0.20 per share at 11% yield

HKBN Unveils N Mobile, A Distinctive New Brand Designed for Individuals with A Deep Passion for Travel, Exploration and Living Life

HKBN Ltd. Announces Management Changes

Co-Owner & Executive Vice-Chairman recently bought HK$2.3m worth of stock

HKBN Ltd., Annual General Meeting, Dec 15, 2023

HKBN Ltd. Proposes Final Dividend for the Year Ended 31 August 2023, Payable on 8 January 2024

Price target decreased by 17% to HK$4.60

Full year 2023 earnings: EPS misses analyst expectations

Now 22% undervalued after recent price drop

HKBN Ltd. to Report Q4, 2023 Results on Nov 02, 2023

HKBN Ltd. Provides Earnings Guidance for the Year Ended 31 August 2022

Now 23% undervalued after recent price drop

Price target decreased by 12% to HK$5.30

Investor sentiment deteriorates as stock falls 20%

HKBN Ltd. Appoints Derek Yue as Chief Financial Officer

HKBN Ltd. Announces Change of Directors and Composition of Board Committees

Co-Owner recently bought HK$5.5m worth of stock

HKBN Ltd. Announces Board Changes

Price target decreased by 8.4% to HK$6.35

HKBN Ltd. Announces Directorate and Committees Changes

Hong Kong Broadband Network Limited Launches Game Changer Post-Paid Global Sim

Consensus EPS estimates fall by 14%

Upcoming dividend of HK$0.20 per share at 6.9% yield

HKBN (HKG:1310) Has Announced That Its Dividend Will Be Reduced To HK$0.20

First half 2023 earnings released: EPS: HK$0.018 (vs HK$0.23 in 1H 2022)

Here's Why HKBN (HKG:1310) Has A Meaningful Debt Burden

Hkbn Ltd. Approves Final Dividend for the Year Ended 31 August 2022

Upcoming dividend of HK$0.20 per share

There Are Reasons To Feel Uneasy About HKBN's (HKG:1310) Returns On Capital

Less than half of directors are independent

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

HKBN Ltd., Annual General Meeting, Dec 16, 2022