MTR Corporation Limited

SEHK:66 Stock Report

Market Cap: HK$172.7b

MTR Balance Sheet Health

Financial Health criteria checks 4/6

MTR has a total shareholder equity of HK$186.1B and total debt of HK$76.7B, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are HK$367.5B and HK$181.4B respectively. MTR's EBIT is HK$20.9B making its interest coverage ratio 21. It has cash and short-term investments of HK$22.2B.

Key information

41.23%

Debt to equity ratio

HK$76.75b

Debt

Interest coverage ratio21x
CashHK$22.23b
EquityHK$186.13b
Total liabilitiesHK$181.37b
Total assetsHK$367.50b

Recent financial health updates

MTR (HKG:66) Has A Somewhat Strained Balance Sheet

Nov 27
MTR (HKG:66) Has A Somewhat Strained Balance Sheet

Recent updates

This Is Why MTR Corporation Limited's (HKG:66) CEO Compensation Looks Appropriate

May 14
This Is Why MTR Corporation Limited's (HKG:66) CEO Compensation Looks Appropriate

MTR (HKG:66) Has Affirmed Its Dividend Of HK$0.89

May 12
MTR (HKG:66) Has Affirmed Its Dividend Of HK$0.89

MTR (HKG:66) Will Pay A Dividend Of HK$0.89

Apr 10
MTR (HKG:66) Will Pay A Dividend Of HK$0.89
author-image

Heavy Railway Investments Will Compress Future Net Margins

Large financial commitments toward railway expansion and asset maintenance may pressure net margins and limit future revenue generation.

MTR (HKG:66) Has Affirmed Its Dividend Of HK$0.89

Mar 09
MTR (HKG:66) Has Affirmed Its Dividend Of HK$0.89

Here's Why MTR (HKG:66) Has Caught The Eye Of Investors

Mar 07
Here's Why MTR (HKG:66) Has Caught The Eye Of Investors

Investors Still Waiting For A Pull Back In MTR Corporation Limited (HKG:66)

Jan 27
Investors Still Waiting For A Pull Back In MTR Corporation Limited (HKG:66)

There Are Reasons To Feel Uneasy About MTR's (HKG:66) Returns On Capital

Jan 06
There Are Reasons To Feel Uneasy About MTR's (HKG:66) Returns On Capital

MTR (HKG:66) Has A Somewhat Strained Balance Sheet

Nov 27
MTR (HKG:66) Has A Somewhat Strained Balance Sheet

Investors Interested In MTR Corporation Limited's (HKG:66) Earnings

Oct 04
Investors Interested In MTR Corporation Limited's (HKG:66) Earnings

Results: MTR Corporation Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Sep 16
Results: MTR Corporation Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Some Investors May Be Worried About MTR's (HKG:66) Returns On Capital

Sep 04
Some Investors May Be Worried About MTR's (HKG:66) Returns On Capital

MTR (HKG:66) Has Affirmed Its Dividend Of HK$0.42

Aug 18
MTR (HKG:66) Has Affirmed Its Dividend Of HK$0.42

Why We're Not Concerned About MTR Corporation Limited's (HKG:66) Share Price

Jun 24
Why We're Not Concerned About MTR Corporation Limited's (HKG:66) Share Price

MTR Corporation Limited's (HKG:66) Intrinsic Value Is Potentially 24% Below Its Share Price

Jun 07
MTR Corporation Limited's (HKG:66) Intrinsic Value Is Potentially 24% Below Its Share Price

MTR (HKG:66) Will Want To Turn Around Its Return Trends

May 22
MTR (HKG:66) Will Want To Turn Around Its Return Trends

Financial Position Analysis

Short Term Liabilities: 66's short term assets (HK$51.8B) exceed its short term liabilities (HK$30.3B).

Long Term Liabilities: 66's short term assets (HK$51.8B) do not cover its long term liabilities (HK$151.0B).

Debt to Equity History and Analysis

Debt Level: 66's net debt to equity ratio (29.3%) is considered satisfactory.

Reducing Debt: 66's debt to equity ratio has increased from 20.5% to 41.2% over the past 5 years.

Debt Coverage: 66's debt is well covered by operating cash flow (24.1%).

Interest Coverage: 66's interest payments on its debt are well covered by EBIT (21x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/18 05:11
End of Day Share Price 2025/05/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

MTR Corporation Limited is covered by 27 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Manfred HoBOCI Research Ltd.
Karl ChoiBofA Global Research
Aaron HoCFRA Equity Research