HKXCF
Hong Kong Exchanges and Clearing Limited
OTC Markets OTCPKUSDEQUITY
Financial Services
DELAYED
Sell
-46/100
Last price
48.57
▼ 1.19 (2.39%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
49.76
Day high
48.35
Day low
48.35
Volume
300
Market cap
$61.39B
P/E (TTM)
24.29
52W range
44.59 – 59.81
Trailing performance
Returnvs SPY
1W
+0.04%
-1.5%
1M
-9.59%
-10.7%
3M
+0.94%
-2.1%
6M
-5.95%
-20.5%
YTD
-4.30%
-17.9%
1Y
-13.81%
-29.1%
3Y
+29.28%
-52.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on HKXCF open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
78.36M
Total on file
Fundamentals
Market cap$61.39B
Enterprise value$-105.02B
Revenue (TTM)$31.49B
Gross profit$30.42B
EBITDA$24.15B
Net income$19.80B
EPS (TTM)$2.00
Free cash flow$54.35B
Total cash$167.65B
Total debt$946.00M
Book value / share$6.12
Shares outstanding1.26B
Float1.19B
Short % of float—
Dividend yield3.90%
Beta (5Y)0.96
Valuation & profitability ratios
Trailing P/E24.29
Forward P/E—
PEG ratio1.62
Price / sales—
Price / book7.94
EV / revenue-3.34
EV / EBITDA-4.35
Gross margin96.61%
Operating margin75.99%
Profit margin62.89%
Return on equity33.57%
Return on assets2.95%
Debt / equity1.55
Current ratio1.05
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $23.75B | $17.35B | $15.45B | $16.93B | +36.9% |
| Operating revenue | $23.75B | $17.35B | $15.45B | $16.93B | +36.9% |
| Cost of revenue | $4.56B | $4.41B | $3.98B | $3.64B | +3.5% |
| Gross profit | $19.18B | $12.94B | $11.46B | $13.30B | +48.2% |
| Selling, general & admin | $344.00M | $351.00M | $448.00M | $431.00M | -2.0% |
| Total operating expense | $3.06B | $2.91B | $2.99B | $2.89B | +5.2% |
| Operating income | $16.12B | $10.03B | $8.47B | $10.41B | +60.7% |
| Net interest income | $5.00B | $4.61B | $4.68B | $1.73B | +8.5% |
| Pre-tax income | $21.16B | $14.85B | $13.33B | $11.66B | +42.4% |
| Tax provision | $3.32B | $1.70B | $1.35B | $1.56B | +95.6% |
| Net income | $17.75B | $13.05B | $11.86B | $10.08B | +36.0% |
| Net income to common | $17.75B | $13.05B | $11.86B | $10.08B | +36.0% |
| Basic EPS | 14.05 | 10.32 | 9.37 | 7.96 | +36.1% |
| Diluted EPS | 14.01 | 10.29 | 9.36 | 7.95 | +36.2% |
| EBIT | $25.83B | $20.74B | $19.43B | $14.02B | +24.5% |
| EBITDA | $27.40B | $22.15B | $20.87B | $15.48B | +23.7% |
| Basic shares | 1.26B | 1.26B | 1.27B | 1.27B | -0.0% |
| Diluted shares | 1.27B | 1.27B | 1.27B | 1.27B | -0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $182.72B | $134.37B | $125.11B | $184.97B | +36.0% |
| Cash & short-term investments | $318.26B | $230.91B | $224.70B | $276.39B | +37.8% |
| Accounts receivable | $67.96B | $54.48B | $33.31B | $25.35B | +24.7% |
| Total current assets | $547.22B | $353.58B | $316.20B | $382.48B | +54.8% |
| Property, plant & equipment | $4.96B | $2.68B | $3.04B | $3.24B | +85.1% |
| Goodwill & intangibles | $19.94B | $19.61B | $19.28B | $18.97B | +1.7% |
| Total assets | $580.77B | $381.63B | $341.18B | $406.05B | +52.2% |
| Total current liabilities | $518.88B | $324.52B | $286.51B | $352.95B | +59.9% |
| Current debt | — | — | — | $430.00M | — |
| Long-term debt | — | — | — | $61.00M | — |
| Total debt | $851.00M | $1.29B | $1.60B | $1.75B | -34.2% |
| Total liabilities | $522.05B | $327.22B | $289.38B | $355.95B | +59.5% |
| Retained earnings | $25.65B | $21.89B | $19.72B | $18.55B | +17.2% |
| Shareholder equity | $58.15B | $53.85B | $51.34B | $49.73B | +8.0% |
| Working capital | $28.35B | $29.05B | $29.69B | $29.53B | -2.4% |
| Net tangible assets | $38.21B | $34.25B | $32.06B | $30.76B | +11.6% |
| Shares issued | 1.27B | 1.27B | 1.27B | 1.27B | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $21.16B | $14.85B | $13.33B | $11.66B | +42.4% |
| Depreciation & amortisation | $1.57B | $1.40B | $1.44B | $1.46B | +11.8% |
| Stock-based compensation | $361.00M | $390.00M | $399.00M | $380.00M | -7.4% |
| Change in working capital | $940.00M | -$1.25B | $44.00M | -$176.00M | +174.9% |
| Operating cash flow | $25.63B | $12.77B | $11.50B | $14.96B | +100.6% |
| Capital expenditure | -$1.73B | -$1.60B | -$1.39B | -$1.28B | -8.0% |
| Investing cash flow | -$5.57B | $3.19B | -$6.29B | -$1.70B | -274.2% |
| Dividends paid | -$13.72B | -$10.42B | -$10.32B | -$9.66B | -31.7% |
| Financing cash flow | -$14.63B | -$11.26B | -$11.25B | -$10.37B | -30.0% |
| Free cash flow | $23.89B | $11.17B | $10.11B | $13.67B | +113.9% |
| End cash position | $19.35B | $13.91B | $9.21B | $15.26B | +39.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|
| Total revenue | $7.14B | $6.84B | $5.54B | $5.50B | +4.3% |
| Operating revenue | $7.14B | $6.84B | $5.54B | $5.50B | +4.3% |
| Cost of revenue | $1.05B | $1.36B | $951.00M | $1.28B | -23.2% |
| Gross profit | $6.09B | $5.48B | $4.59B | $4.22B | +11.1% |
| Selling, general & admin | $77.00M | $26.00M | $81.00M | $57.00M | +196.2% |
| Total operating expense | $930.00M | $550.00M | $886.00M | $656.00M | +69.1% |
| Operating income | $5.16B | $4.93B | $3.70B | $3.56B | +4.7% |
| Net interest income | $2.17B | -$22.00M | $2.58B | -$25.00M | +9,968.2% |
| Pre-tax income | $6.41B | $6.20B | $5.29B | $4.88B | +3.4% |
| Tax provision | $1.02B | $990.00M | $821.00M | $781.00M | +2.8% |
| Net income | $5.38B | $5.19B | $4.44B | $4.08B | +3.7% |
| Net income to common | $5.38B | $5.19B | $4.44B | $4.08B | +3.7% |
| Basic EPS | — | 4.10 | — | 3.23 | — |
| Diluted EPS | — | 4.09 | — | 3.22 | — |
| EBIT | $9.60B | $6.22B | $7.41B | $4.90B | +54.4% |
| EBITDA | $10.00B | $6.60B | $7.79B | $5.26B | +51.5% |
| Basic shares | — | 1.27B | — | 1.26B | — |
| Diluted shares | — | 1.27B | — | 1.27B | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $176.08B | $170.60B | $173.90B | $141.38B | +3.2% |
| Cash & short-term investments | $324.61B | $308.61B | $282.46B | $247.16B | +5.2% |
| Accounts receivable | $96.21B | $88.59B | $50.91B | $48.63B | +8.6% |
| Total current assets | $539.82B | $530.21B | $392.50B | $350.83B | +1.8% |
| Property, plant & equipment | $7.39B | $4.89B | $4.18B | $2.72B | +51.2% |
| Goodwill & intangibles | $20.25B | $20.14B | $19.94B | $19.74B | +0.5% |
| Total assets | $577.08B | $564.88B | $424.87B | $380.43B | +2.2% |
| Total current liabilities | $513.31B | $505.77B | $364.70B | $325.26B | +1.5% |
| Current debt | — | — | — | $382.00M | — |
| Long-term debt | — | $56.00M | — | $71.00M | — |
| Total debt | $796.00M | $876.00M | $873.00M | $1.71B | -9.1% |
| Total liabilities | $516.13B | $509.13B | $367.42B | $327.90B | +1.4% |
| Retained earnings | $27.92B | $22.56B | $24.08B | $19.66B | +23.8% |
| Shareholder equity | $60.66B | $55.15B | $56.91B | $51.95B | +10.0% |
| Working capital | $26.51B | $24.44B | $27.80B | $25.58B | +8.5% |
| Net tangible assets | $40.41B | $35.01B | $36.97B | $32.21B | +15.4% |
| Shares issued | 1.27B | 1.26B | 1.26B | 1.26B | +0.3% |
No filings published for this symbol yet.
Newly listed companies often have nothing on file until their first annual report.
Newly listed companies often have nothing on file until their first annual report.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $8.49B | +9.1% |
| Next quarter | — | — | $7.74B | +5.9% |
| Current year | — | — | $32.30B | +10.8% |
| Next year | — | — | $33.21B | +2.8% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders6.20%
Held by institutions32.67%
Institutions holding605
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
49.44
-1.77% from price
SMA 20
50.16
-3.18% from price
SMA 50
51.66
-5.98% from price
SMA 100
50.59
-3.99% from price
SMA 200
51.88
-6.37% from price
EMA 12
49.51
-1.89% from price
EMA 26
50.35
-3.54% from price
EMA 50
50.79
-4.38% from price
RSI (14)
45.7
Neutral
MACD (12,26,9)
-0.85
Hist -0.21
ATR (14)
3.02
6.21% of price
Realised vol 30D
60.3%
Annualised
Bollinger upper
53.03
20, 2σ
Bollinger lower
47.29
20, 2σ
50 / 200 cross
Death
51.66 vs 51.88
Trend bias
Below 200
-6.37%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.17
Less volatile than market
Correlation to SPY
-0.04
Largely independent
Realised vol 30D
60.3%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-23.8%
Peak to trough
Max drawdown 5Y
-59.6%
Peak to trough
ATR 14
3.02
6.21% of price
Beta (reported)
0.96
5Y monthly, from filing
Dividends & splits
Forward rate$1.89 / yr
Forward yield3.90%
5-year avg yield2.62%
Payout ratio80.10%
Ex-dividend dateSep 1, 2026
Next pay dateSep 21, 2017
Last split—
Split date—
Headlines
HKEX Welcomes Four New ETFs Tracking HKEX Cross-Market Indices
PR Newswire · 9d ago
Financial Services Roundup: Market Talk
The Wall Street Journal · 23d ago
WeRide Included in HKEX Tech 100 Index Following September 2026 Quarterly Review
GlobeNewswire · 37d ago
Hong Kong Exchanges and Clearing Ltd (HKXCF) (H1 2026) Earnings Call Highlights: Record Revenue ...
GuruFocus.com · 47d ago
Hong Kong’s Exchange Operator Posts Record Quarter on Surging IPOs, Trading Activity
The Wall Street Journal · 49d ago
HKEX Launches 5-Year China Government Bond Futures
PR Newswire · 65d ago
HKEX Launches 5-Year China Government Bond Futures
PR Newswire · 65d ago
HKEX Launches 5-Year China Government Bond Futures
CNW Group · 65d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.