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Hong Kong Exchanges and Clearing OTCPK:HKXC.Y Stock Report

Last Price

US$37.73

Market Cap

US$48.0b

7D

-1.6%

1Y

10.2%

Updated

30 Dec, 2024

Data

Company Financials +

Hong Kong Exchanges and Clearing Limited

OTCPK:HKXC.Y Stock Report

Market Cap: US$48.0b

HKXC.Y Stock Overview

Owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. More details

HKXC.Y fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends2/6

Rewards

Earnings are forecast to grow 8.35% per year

Risk Analysis

Dividend of 2.8% is not well covered by earnings or free cash flows


My Notes

Capture your thoughts, links and company narrative

Hong Kong Exchanges and Clearing Limited Competitors

Nasdaq

NasdaqGS:NDAQ

US$45.1b

MSCI

NYSE:MSCI

US$47.8b

Moody's

NYSE:MCO

US$86.4b

Tradeweb Markets

NasdaqGS:TW

US$31.9b

Price History & Performance

Summary of share price highs, lows and changes for Hong Kong Exchanges and Clearing
Historical stock prices
Current Share PriceHK$37.73
52 Week HighHK$51.55
52 Week LowHK$27.00
Beta0.81
1 Month Change0.24%
3 Month Change-10.99%
1 Year Change10.16%
3 Year Change-35.64%
5 Year Change8.86%
Change since IPO393.20%

Recent News & Updates

Recent updates

Shareholder Returns

HKXC.YUS Capital MarketsUS Market
7D-1.6%-0.4%-1.1%
1Y10.2%31.6%22.4%

Return vs Industry: HKXC.Y underperformed the US Capital Markets industry which returned 32.9% over the past year.

Return vs Market: HKXC.Y underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is HKXC.Y's price volatile compared to industry and market?
HKXC.Y volatility
HKXC.Y Average Weekly Movement8.4%
Capital Markets Industry Average Movement4.1%
Market Average Movement6.3%
10% most volatile stocks in US Market17.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: HKXC.Y has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HKXC.Y's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19992,441Bonnie Chanwww.hkex.com.hk

Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. It operates through Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivity segments. The Cash segment covers various equity products traded on the cash market platforms of the Stock Exchange of Hong Kong Limited, the Shanghai Stock Exchange, and the Shenzhen Stock Exchange; clearing, settlement and custodian, listing, depository, and nominee services; and other related activities.

Hong Kong Exchanges and Clearing Limited Fundamentals Summary

How do Hong Kong Exchanges and Clearing's earnings and revenue compare to its market cap?
HKXC.Y fundamental statistics
Market capUS$48.04b
Earnings (TTM)US$1.53b
Revenue (TTM)US$2.67b

31.4x

P/E Ratio

18.0x

P/S Ratio

Is HKXC.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HKXC.Y income statement (TTM)
RevenueHK$20.74b
Cost of RevenueHK$930.00m
Gross ProfitHK$19.81b
Other ExpensesHK$7.94b
EarningsHK$11.87b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)9.38
Gross Margin95.52%
Net Profit Margin57.22%
Debt/Equity Ratio0.9%

How did HKXC.Y perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

136%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 18:35
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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 Exchanges and Clearing Limited is covered by 54 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dominic ChanBNP Paribas Securities (Asia)
Wenzhou HuBOCI Research Ltd.
Qingli YangBOCOM International Securities Limited