pww.comHKT Trust and HKT Limited - SEHK:6823

Profile

Price

HKD$ 9.59

()

Market Cap

HKD$ 72.69B

Shares Out

7579.78 M

Employees

13400

Dividends

Yield

8.11 %

Payout (TTM)

113.26 %

DPS (TTM)

0.774

DPS Growth 3Yr

6.75 %

DPS Growth 5Yr

14.14 %

DPS Growth 10Yr

83.94 %

FinancialHealth

Cash

-

Net Debt

HKD$ 45.068B

Debt/Equity (TTM)

144.23 %

Returns(TTM)

ROA

4.42 %

ROE

14.54 %

ROCE

8.84 %

Valuation(TTM)

P/E

14.451

P/B

2.145

P/FCF

14.403 %

Margins(TTM)

Gross

40.43 %

Operating

22.92 %

Pre-Tax

16.08 %

Net

14.54 %

FCFPS

0.666 %

Growth(CAGR)

RevPS 3Yr

0.06 %

RevPS 5Yr

-0.025 %

RevPS 10Yr

0.326 %

NetIncomePS 3Yr

-0.059 %

NetIncomePS 5Yr

0.034 %

NetIncomePS 10Yr

0.789 %

Website

www.hkt.com

copy
  • Last Price

    HKD$ 9.59

  • 5D

    0.841%

  • 1M

    -0.208%

  • 3M

    -0.930%

  • 1Y

    3.341%

HKT Trust and HKT Limited show strong growth potential, particularly in mobile services and enterprise revenue, driven by 5G adoption and digital transformation. Key positive factors include robust service revenue growth, significant 5G penetration, and a strong financial position. However, challenges such as rising interest rates, intense market competition, and economic uncertainties could impact profitability. The company must continue investing in network expansion while managing costs to sustain growth. Overall, HKT presents a compelling investment opportunity, but investors should be mindful of potential risks.

Valuation And Growth

Segments

Guidance and Outlook

Bulls - Bears Say

1Y

3Y

5Y

ALL

For the Fiscal PeriodFeb-28-2025Jan-31-2025Dec-31-2024Nov-30-2024Oct-31-2024Sep-30-2024Aug-31-2024Jul-31-2024Jun-30-2024May-31-2024Apr-30-2024Mar-31-2024Feb-29-2024Jan-31-2024Dec-31-2023Nov-30-2023Oct-31-2023Sep-30-2023Aug-31-2023Jul-31-2023Jun-30-2023May-31-2023Apr-30-2023Mar-31-2023Feb-28-2023Jan-31-2023Dec-31-2022Nov-30-2022Oct-31-2022Sep-30-2022Aug-31-2022Jul-31-2022Jun-30-2022May-31-2022Apr-30-2022Mar-31-2022Feb-28-2022Jan-31-2022Dec-31-2021Nov-30-2021Oct-31-2021Sep-30-2021Aug-31-2021Jul-31-2021Jun-30-2021May-31-2021Apr-30-2021Mar-31-2021Feb-28-2021Jan-31-2021Dec-31-2020Nov-30-2020Oct-31-2020Sep-30-2020Aug-31-2020Jul-31-2020Jun-30-2020May-31-2020Apr-30-2020Mar-31-2020Feb-29-2020Jan-31-2020Dec-31-2019Nov-30-2019Oct-31-2019Sep-30-2019Aug-31-2019Jul-31-2019Jun-30-2019May-31-2019Apr-30-2019Mar-31-2019Feb-28-2019Jan-31-2019Dec-31-2018Nov-30-2018Oct-31-2018Sep-30-2018Aug-31-2018Jul-31-2018Jun-30-2018May-31-2018Apr-30-2018Mar-31-2018Feb-28-2018Jan-31-2018Dec-31-2017Nov-30-2017Oct-31-2017Sep-30-2017Aug-31-2017Jul-31-2017Jun-30-2017May-31-2017Apr-30-2017Mar-31-2017Feb-28-2017Jan-31-2017Dec-31-2016Nov-30-2016Oct-31-2016Sep-30-2016Aug-31-2016Jul-31-2016Jun-30-2016May-31-2016Apr-30-2016Mar-31-2016Feb-29-2016Jan-31-2016Dec-31-2015Nov-30-2015Oct-31-2015Sep-30-2015Aug-31-2015Jul-31-2015Jun-30-2015May-31-2015Apr-30-2015Mar-31-2015Feb-28-2015Jan-31-2015Dec-31-2014Nov-30-2014Oct-31-2014Sep-30-2014Aug-31-2014Jul-31-2014Jun-30-2014May-31-2014Apr-30-2014Mar-31-2014Feb-28-2014Jan-31-2014Dec-31-2013Nov-30-2013Oct-31-2013Sep-30-2013Aug-31-2013Jul-31-2013Jun-30-2013May-31-2013Apr-30-2013Mar-31-2013Feb-28-2013Jan-31-2013Dec-31-2012Nov-30-2012Oct-31-2012Sep-30-2012Aug-31-2012Jul-31-2012Jun-30-2012May-31-2012Apr-30-2012Mar-31-2012Feb-29-2012Jan-31-2012Dec-31-2011Nov-30-2011

Valuation Multiples

TEV/LTM Unlevered FCF

17.00

16.91

16.93

17.00

16.99

17.30

-

-

15.66

16.01

15.56

-

-

17.22

17.14

16.03

15.77

15.86

-

16.29

16.21

17.18

17.50

17.63

-

17.91

17.14

17.04

16.36

16.73

-

20.01

19.46

19.77

20.33

19.72

-

20.49

20.31

20.44

20.41

20.54

-

22.04

22.07

21.98

23.02

22.75

-

19.74

19.54

19.64

19.49

19.79

-

19.16

19.07

18.70

20.35

-

-

21.89

21.04

21.68

22.61

22.92

-

26.68

26.50

26.44

26.14

-

-

30.31

29.80

29.87

28.94

28.87

-

35.32

34.25

33.85

34.99

33.90

-

34.34

34.84

34.49

33.82

33.73

-

38.23

38.23

38.13

37.49

37.67

38.54

-

27.22

28.41

29.46

29.97

-

35.13

32.85

33.02

32.98

31.80

-

30.06

29.41

29.25

28.17

28.00

-

20.77

20.29

21.29

22.18

21.59

-

26.38

26.27

25.51

25.17

25.06

-

43.79

38.55

36.48

35.44

35.66

-

21.55

21.97

20.27

21.04

21.22

-

28.84

28.45

32.12

30.31

29.31

-

-

-

-

-

-

-

22.07

21.82

21.45

21.72

21.75

-

-

-

-

Market Cap/LTM Levered FCF

12.72

12.60

12.62

12.72

12.70

13.08

-

-

11.29

11.71

11.16

-

-

12.57

12.48

11.15

10.85

10.95

-

11.53

11.43

12.54

12.92

13.07

-

12.80

11.94

11.83

11.07

11.48

-

14.89

14.27

14.62

15.24

14.56

-

15.20

15.00

15.15

15.12

15.26

-

16.88

16.92

16.82

18.04

17.72

-

15.02

14.78

14.90

14.73

15.08

-

15.15

15.05

14.62

16.53

-

-

17.63

16.63

17.39

18.48

18.84

-

22.50

22.28

22.21

21.85

-

-

25.07

24.46

24.55

23.42

23.34

-

30.92

29.56

29.06

30.50

29.12

-

29.20

29.83

29.38

28.54

28.42

-

33.83

33.83

33.70

32.87

33.10

34.23

-

22.55

24.00

25.28

25.89

-

32.77

29.88

30.09

30.04

28.54

-

26.24

25.42

25.21

23.85

23.65

-

16.35

15.80

16.96

17.98

17.31

-

19.61

19.49

18.62

18.24

18.10

-

44.99

37.87

35.05

33.64

33.93

-

17.79

18.29

16.24

17.17

17.38

-

25.24

24.74

29.40

27.11

25.84

-

-

-

-

-

-

-

22.92

22.51

21.92

22.36

22.40

-

-

-

-

P/LTM Normalized EPS

21.41

21.21

21.25

21.41

21.39

22.03

21.94

20.94

19.40

20.13

19.18

20.22

21.15

20.63

20.48

18.30

17.80

17.97

18.37

20.14

19.96

21.91

22.57

22.83

22.35

21.40

19.96

19.77

18.50

19.19

21.98

23.00

22.04

22.58

23.54

22.50

22.04

22.35

22.05

22.26

22.22

22.43

22.31

22.10

22.14

22.01

23.60

23.18

22.05

20.85

20.53

20.69

20.45

20.94

22.61

22.17

22.01

21.39

24.19

20.50

22.63

22.72

21.43

22.41

23.81

24.28

23.93

26.05

25.80

25.71

25.30

26.25

25.51

22.61

22.06

22.14

21.12

21.04

19.83

20.45

19.55

19.22

20.18

19.26

19.51

20.56

21.00

20.69

20.09

20.01

21.30

21.79

21.79

21.71

21.18

21.33

22.05

23.11

22.04

23.46

24.71

25.31

24.80

32.13

29.30

29.51

29.46

27.99

28.20

35.26

34.15

33.88

32.05

31.77

30.95

33.57

32.43

34.81

36.91

35.53

36.52

33.97

33.77

32.26

31.59

31.36

30.69

38.81

38.56

35.69

34.25

34.55

34.80

36.79

37.82

33.58

35.50

35.95

35.70

38.29

37.53

44.59

41.11

39.20

38.24

35.96

37.65

36.66

35.76

32.73

33.03

29.00

28.48

27.73

28.30

28.34

26.23

-

-

-

P/LTM EPS

14.57

14.43

14.46

14.57

14.55

14.99

14.93

14.25

13.30

13.80

13.15

13.86

14.50

14.39

14.28

12.77

12.41

12.54

12.81

14.20

14.08

15.46

15.92

16.11

15.77

16.13

15.04

14.90

13.94

14.46

16.57

17.33

16.60

17.01

17.74

16.95

16.60

15.16

14.96

15.11

15.08

15.22

15.14

15.09

15.11

15.03

16.11

15.83

15.06

15.63

15.38

15.51

15.32

15.69

16.94

16.58

16.46

16.00

18.09

15.33

16.93

17.22

16.25

16.98

18.05

18.41

18.14

19.65

19.46

19.40

19.09

19.81

19.24

18.14

17.70

17.76

16.95

16.88

15.91

15.57

14.89

14.63

15.36

14.66

14.86

14.88

15.20

14.97

14.55

14.48

15.42

15.86

15.86

15.79

15.41

15.52

16.04

16.82

16.04

17.07

17.98

18.41

18.04

23.50

21.43

21.58

21.54

20.47

20.62

22.86

22.14

21.97

20.78

20.60

20.06

22.37

21.62

23.20

24.60

23.68

24.37

24.40

24.26

23.18

22.70

22.53

22.05

23.97

23.81

22.04

21.15

21.34

21.49

23.65

24.32

21.59

22.83

23.11

22.95

30.25

29.65

35.23

32.48

30.97

30.21

27.57

28.87

28.11

27.42

25.09

25.32

23.03

22.62

22.02

22.47

22.50

20.83

-

-

-

P/BV

2.16

2.14

2.15

2.16

2.16

2.23

2.22

2.12

1.88

1.95

1.86

1.96

2.05

2.04

2.03

1.81

1.76

1.78

1.82

1.92

1.90

2.08

2.15

2.17

2.12

2.16

2.02

2.00

1.87

1.94

2.22

2.24

2.15

2.20

2.30

2.19

2.15

2.20

2.17

2.19

2.19

2.21

2.20

2.11

2.12

2.11

2.26

2.22

2.11

2.10

2.07

2.09

2.06

2.11

2.28

2.28

2.26

2.20

2.49

2.11

2.33

2.39

2.25

2.35

2.50

2.55

2.51

2.52

2.50

2.49

2.45

2.54

2.47

2.37

2.31

2.32

2.21

2.20

2.08

2.03

1.94

1.91

2.01

1.92

1.94

1.93

1.98

1.95

1.89

1.88

2.00

1.98

1.98

1.97

1.93

1.94

2.01

2.10

1.88

2.00

2.11

2.16

2.12

2.46

2.25

2.26

2.26

2.15

2.16

2.05

1.99

1.97

1.87

1.85

1.80

1.88

1.82

1.95

2.07

1.99

2.10

2.14

2.13

2.03

1.99

1.98

1.93

1.92

1.91

1.77

1.70

1.71

1.73

1.56

1.60

1.42

1.51

1.53

1.52

1.57

1.54

1.83

1.69

1.61

1.57

1.48

1.55

1.51

1.47

1.35

1.36

1.29

1.27

1.23

1.26

1.26

0.83

1.60

1.47

1.46

P/Tangible BV

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TEV/LTM Total Revenue

3.48

3.46

3.47

3.48

3.48

3.55

3.54

3.44

3.26

3.33

3.24

3.35

3.44

3.39

3.37

3.16

3.11

3.12

3.16

3.32

3.31

3.50

3.57

3.60

3.56

3.54

3.39

3.37

3.24

3.31

3.61

3.72

3.62

3.67

3.78

3.66

3.62

3.71

3.68

3.70

3.70

3.72

3.71

3.78

3.78

3.77

3.94

3.90

3.78

3.65

3.62

3.63

3.61

3.66

3.85

3.82

3.80

3.73

4.06

3.63

3.88

3.88

3.73

3.84

4.01

4.06

4.02

3.85

3.82

3.81

3.77

3.87

3.79

3.64

3.58

3.59

3.48

3.47

3.33

3.46

3.35

3.31

3.43

3.32

3.35

3.32

3.37

3.34

3.27

3.26

3.40

3.32

3.32

3.31

3.26

3.27

3.35

3.46

3.00

3.13

3.25

3.31

3.26

3.62

3.39

3.41

3.40

3.28

3.30

3.45

3.38

3.36

3.23

3.21

3.16

3.62

3.54

3.72

3.87

3.77

3.84

4.86

4.84

4.70

4.63

4.61

4.55

4.03

3.55

3.36

3.26

3.28

3.28

3.12

3.18

2.93

3.04

3.07

3.05

3.35

3.30

3.73

3.52

3.40

3.34

3.40

3.51

3.45

3.39

3.19

3.21

3.13

3.09

3.04

3.08

3.08

2.89

3.28

3.14

3.13

Market Cap/LTM Total Revenue

2.12

2.10

2.10

2.12

2.12

2.18

2.17

2.07

1.93

2.01

1.91

2.02

2.11

2.07

2.06

1.84

1.79

1.80

1.84

2.04

2.02

2.22

2.29

2.31

2.27

2.26

2.10

2.08

1.95

2.02

2.32

2.45

2.35

2.41

2.51

2.40

2.35

2.41

2.37

2.40

2.39

2.42

2.40

2.47

2.47

2.46

2.64

2.59

2.46

2.37

2.34

2.36

2.33

2.38

2.57

2.61

2.59

2.52

2.85

2.42

2.67

2.65

2.50

2.61

2.78

2.83

2.79

2.69

2.67

2.66

2.62

2.72

2.64

2.50

2.44

2.44

2.33

2.32

2.19

2.39

2.28

2.24

2.35

2.25

2.28

2.23

2.28

2.24

2.18

2.17

2.31

2.29

2.29

2.28

2.22

2.24

2.32

2.43

2.05

2.18

2.30

2.35

2.30

2.67

2.43

2.45

2.45

2.33

2.34

2.39

2.32

2.30

2.18

2.16

2.10

2.48

2.39

2.57

2.72

2.62

2.70

3.17

3.15

3.01

2.94

2.92

2.86

3.04

2.56

2.37

2.28

2.30

2.31

2.13

2.19

1.94

2.06

2.08

2.07

2.31

2.26

2.69

2.48

2.36

2.31

2.32

2.43

2.36

2.31

2.11

2.13

2.00

1.96

1.91

1.95

1.95

1.81

1.69

1.55

1.54

TEV/LTM EBITDA

10.67

10.61

10.62

10.67

10.66

10.86

12.41

12.07

10.03

10.25

9.96

11.75

12.07

10.85

10.80

10.10

9.94

10.00

11.72

10.61

10.55

11.18

11.39

11.48

12.96

11.42

10.93

10.86

10.43

10.67

13.88

11.85

11.52

11.71

12.03

11.67

13.91

11.75

11.65

11.72

11.71

11.78

14.40

11.70

11.71

11.67

12.22

12.07

13.67

11.03

10.91

10.97

10.89

11.05

13.82

11.53

11.48

11.26

12.25

12.11

12.95

11.60

11.15

11.49

11.98

12.14

13.71

12.25

12.17

12.14

12.01

13.99

13.71

11.15

10.96

10.99

10.65

10.62

14.06

11.70

11.35

11.22

11.60

11.23

11.16

11.40

11.56

11.44

11.22

11.19

13.80

11.79

11.79

11.76

11.56

11.62

11.89

10.97

10.77

11.24

11.66

11.86

12.88

12.98

12.14

12.20

12.18

11.75

11.27

11.21

10.97

10.91

10.50

10.44

11.48

12.14

11.86

12.45

12.97

12.63

14.69

16.73

16.66

16.18

15.96

15.89

17.50

14.20

12.50

11.83

11.49

11.56

11.24

10.78

10.99

10.14

10.52

10.61

11.83

11.20

11.04

12.47

11.77

11.38

9.88

9.14

9.43

9.26

9.11

8.58

8.82

8.40

8.30

8.17

8.27

8.28

7.69

8.49

8.13

8.11

TEV/LTM EBIT

15.47

15.38

15.40

15.47

15.46

15.74

15.70

15.26

14.66

14.98

14.56

15.07

15.48

15.67

15.60

14.59

14.35

14.44

14.62

15.85

15.77

16.71

17.03

17.15

16.95

17.35

16.61

16.51

15.85

16.21

17.65

18.10

17.60

17.88

18.38

17.83

17.64

17.76

17.61

17.72

17.70

17.81

17.74

17.20

17.22

17.16

17.97

17.76

17.21

16.25

16.08

16.16

16.04

16.29

17.14

16.56

16.48

16.16

17.59

15.74

16.82

16.97

16.31

16.81

17.53

17.77

17.59

18.79

18.67

18.62

18.41

18.89

18.52

17.34

17.05

17.09

16.56

16.52

15.88

15.75

15.28

15.10

15.61

15.12

15.25

15.80

16.03

15.87

15.56

15.52

16.17

16.40

16.40

16.35

16.08

16.15

16.53

17.08

16.62

17.35

17.99

18.30

18.03

21.41

20.02

20.12

20.09

19.37

19.47

23.14

22.63

22.51

21.67

21.55

21.18

24.15

23.59

24.76

25.79

25.11

25.61

30.36

30.25

29.37

28.98

28.84

28.45

28.18

24.81

23.48

22.81

22.95

22.95

23.59

24.04

22.18

23.03

23.22

23.12

24.32

23.99

27.08

25.56

24.72

24.30

22.26

22.98

22.56

22.18

20.90

21.03

19.71

19.48

19.16

19.40

19.42

18.21

20.85

19.96

19.91

Margin Analysis

Gross Margin

48.94

48.94

48.94

48.94

48.94

48.94

48.94

48.94

49.05

49.16

49.16

49.16

49.50

49.50

49.50

49.84

49.84

49.84

49.87

49.87

49.87

49.91

49.91

49.91

49.84

49.84

49.84

49.78

49.78

49.78

50.26

50.26

50.26

50.74

50.74

50.74

50.97

50.97

50.97

51.20

51.20

51.20

51.36

51.36

51.36

51.52

51.52

51.52

51.56

51.56

51.56

51.60

51.60

51.60

51.96

51.96

51.96

52.31

52.31

52.31

52.00

52.00

52.00

51.70

51.70

51.70

50.26

50.26

50.26

48.90

48.90

48.90

49.07

49.07

49.07

49.23

49.23

49.23

50.43

50.43

50.43

51.70

51.70

51.70

55.15

55.15

55.15

55.32

55.32

55.32

56.34

56.34

56.34

57.32

57.32

57.32

55.92

55.92

55.92

54.56

54.56

54.56

54.91

54.91

54.91

55.26

55.26

55.26

57.01

57.01

57.01

58.91

58.91

58.91

58.56

58.56

58.56

58.18

58.18

58.18

57.44

57.44

57.44

56.55

56.55

56.55

56.14

56.14

56.14

55.69

55.69

55.69

55.55

55.55

55.55

55.40

55.40

55.40

56.26

56.26

56.26

57.18

57.18

57.18

58.00

58.00

58.00

58.87

58.87

58.87

59.10

59.10

59.10

59.33

59.33

59.33

60.36

60.36

60.36

61.44

SG&A Margin

26.02

26.02

26.02

26.02

26.02

26.02

26.02

26.02

26.31

26.59

26.59

26.59

27.23

27.23

27.23

27.86

27.86

27.86

28.25

28.25

28.25

28.65

28.65

28.65

28.85

28.85

28.85

29.05

29.05

29.05

29.43

29.43

29.43

29.82

29.82

29.82

29.89

29.89

29.89

29.96

29.96

29.96

29.64

29.64

29.64

29.32

29.32

29.32

29.13

29.13

29.13

28.94

28.94

28.94

29.00

29.00

29.00

29.07

29.07

29.07

28.90

28.90

28.90

28.74

28.74

28.74

28.56

28.56

28.56

28.39

28.39

28.39

28.73

28.73

28.73

29.07

29.07

29.07

29.84

29.84

29.84

30.66

30.66

30.66

34.15

34.15

34.15

34.80

34.80

34.80

35.92

35.92

35.92

37.00

37.00

37.00

36.72

36.72

36.72

36.45

36.45

36.45

37.35

37.35

37.35

38.26

38.26

38.26

40.95

40.95

40.95

43.85

43.85

43.85

43.48

43.48

43.48

43.08

43.08

43.08

42.01

42.01

42.01

40.75

40.75

40.75

41.17

41.17

41.17

41.61

41.61

41.61

41.88

41.88

41.88

42.15

42.15

42.15

42.58

42.58

42.58

43.04

43.04

43.04

43.13

43.13

43.13

43.22

43.22

43.22

43.29

43.29

43.29

43.36

43.36

43.36

44.32

44.32

44.32

45.34

EBITDA Margin

28.89

28.89

28.89

28.89

28.89

28.89

28.89

28.89

28.91

28.94

28.94

28.94

28.33

28.33

28.33

27.73

27.73

27.73

27.66

27.66

27.66

27.58

27.58

27.58

27.37

27.37

27.37

27.15

27.15

27.15

27.28

27.28

27.28

27.41

27.41

27.41

27.44

27.44

27.44

27.46

27.46

27.46

27.71

27.71

27.71

27.98

27.98

27.98

28.42

28.42

28.42

28.86

28.86

28.86

28.83

28.83

28.83

28.80

28.80

28.80

28.90

28.90

28.90

29.00

29.00

29.00

27.98

27.98

27.98

27.02

27.02

27.02

26.94

26.94

26.94

26.86

26.86

26.86

27.48

27.48

27.48

28.14

28.14

28.14

24.27

24.27

24.27

24.05

24.05

24.05

26.18

26.18

26.18

28.24

28.24

28.24

28.08

28.08

28.08

27.93

27.93

27.93

27.96

27.96

27.96

27.99

27.99

27.99

29.40

29.40

29.40

30.92

30.92

30.92

30.46

30.46

30.46

29.94

29.94

29.94

29.44

29.44

29.44

28.84

28.84

28.84

28.51

28.51

28.51

28.16

28.16

28.16

28.55

28.55

28.55

28.94

28.94

28.94

29.59

29.59

29.59

30.28

30.28

30.28

31.45

31.45

31.45

32.68

32.68

32.68

32.54

32.54

32.54

32.40

32.40

32.40

35.61

35.61

35.61

38.99

EBIT Margin

22.92

22.92

22.92

22.92

22.92

22.92

22.92

22.92

22.74

22.56

22.56

22.56

22.27

22.27

22.27

21.98

21.98

21.98

21.62

21.62

21.62

21.26

21.26

21.26

20.99

20.99

20.99

20.73

20.73

20.73

20.83

20.83

20.83

20.92

20.92

20.92

21.08

21.08

21.08

21.24

21.24

21.24

21.71

21.71

21.71

22.20

22.20

22.20

22.43

22.43

22.43

22.66

22.66

22.66

22.95

22.95

22.95

23.24

23.24

23.24

23.10

23.10

23.10

22.96

22.96

22.96

21.70

21.70

21.70

20.51

20.51

20.51

20.34

20.34

20.34

20.16

20.16

20.16

20.59

20.59

20.59

21.04

21.04

21.04

21.00

21.00

21.00

20.52

20.52

20.52

20.42

20.42

20.42

20.32

20.32

20.32

19.20

19.20

19.20

18.11

18.11

18.11

17.56

17.56

17.56

17.00

17.00

17.00

16.06

16.06

16.06

15.06

15.06

15.06

15.08

15.08

15.08

15.11

15.11

15.11

15.42

15.42

15.42

15.80

15.80

15.80

14.97

14.97

14.97

14.08

14.08

14.08

13.67

13.67

13.67

13.25

13.25

13.25

13.68

13.68

13.68

14.14

14.14

14.14

14.88

14.88

14.88

15.65

15.65

15.65

15.81

15.81

15.81

15.97

15.97

15.97

16.04

16.04

16.04

16.10

Earnings from Cont. Ops Margin

14.60

14.60

14.60

14.60

14.60

14.60

14.60

14.60

14.60

14.60

14.60

14.60

14.52

14.52

14.52

14.43

14.43

14.43

14.42

14.42

14.42

14.41

14.41

14.41

14.21

14.21

14.21

14.00

14.00

14.00

14.10

14.10

14.10

14.20

14.20

14.20

15.05

15.05

15.05

15.92

15.92

15.92

16.17

16.17

16.17

16.42

16.42

16.42

15.83

15.83

15.83

15.25

15.25

15.25

15.54

15.54

15.54

15.82

15.82

15.82

15.62

15.62

15.62

15.41

15.41

15.41

14.56

14.56

14.56

13.76

13.76

13.76

13.32

13.32

13.32

12.88

12.88

12.88

13.61

13.61

13.61

14.39

14.39

14.39

14.67

14.67

14.67

14.54

14.54

14.54

14.55

14.55

14.55

14.56

14.56

14.56

13.69

13.69

13.69

12.86

12.86

12.86

12.17

12.17

12.17

11.48

11.48

11.48

11.07

11.07

11.07

10.64

10.64

10.64

10.63

10.63

10.63

10.61

10.61

10.61

10.86

10.86

10.86

11.16

11.16

11.16

11.06

11.06

11.06

10.95

10.95

10.95

10.08

10.08

10.08

9.19

9.19

9.19

8.55

8.55

8.55

7.87

7.87

7.87

7.74

7.74

7.74

7.59

7.59

7.59

7.00

7.00

7.00

6.41

6.41

6.41

6.15

6.15

6.15

5.88

Net Income Margin

14.54

14.54

14.54

14.54

14.54

14.54

14.54

14.54

14.54

14.54

14.54

14.54

14.46

14.46

14.46

14.38

14.38

14.38

14.37

14.37

14.37

14.36

14.36

14.36

14.17

14.17

14.17

13.98

13.98

13.98

14.07

14.07

14.07

14.16

14.16

14.16

15.01

15.01

15.01

15.87

15.87

15.87

16.12

16.12

16.12

16.37

16.37

16.37

15.78

15.78

15.78

15.19

15.19

15.19

15.48

15.48

15.48

15.76

15.76

15.76

15.57

15.57

15.57

15.38

15.38

15.38

14.53

14.53

14.53

13.71

13.71

13.71

13.27

13.27

13.27

12.83

12.83

12.83

13.57

13.57

13.57

14.35

14.35

14.35

14.59

14.59

14.59

14.42

14.42

14.42

14.43

14.43

14.43

14.44

14.44

14.44

13.59

13.59

13.59

12.77

12.77

12.77

12.07

12.07

12.07

11.37

11.37

11.37

10.92

10.92

10.92

10.44

10.44

10.44

10.41

10.41

10.41

10.38

10.38

10.38

10.66

10.66

10.66

11.00

11.00

11.00

10.89

10.89

10.89

10.77

10.77

10.77

9.90

9.90

9.90

9.01

9.01

9.01

8.34

8.34

8.34

7.64

7.64

7.64

7.48

7.48

7.48

7.31

7.31

7.31

6.74

6.74

6.74

6.16

6.16

6.16

5.90

5.90

5.90

5.63

Levered Free Cash Flow Margin

-

-

-

-

-

-

-

-

-

17.14

17.14

17.14

17.26

17.26

17.26

16.47

16.47

16.47

16.71

16.71

16.71

17.71

17.71

17.71

17.24

17.24

17.24

17.55

17.55

17.55

17.59

17.59

17.59

16.41

16.41

16.41

17.16

17.16

17.16

15.83

15.83

15.83

15.71

15.71

15.71

14.63

14.63

14.63

13.96

13.96

13.96

15.81

15.81

15.81

15.77

15.77

15.77

17.24

17.24

17.24

17.68

17.68

17.68

15.02

15.02

15.02

14.77

14.77

14.77

12.91

12.91

12.91

16.52

16.52

16.52

18.29

18.29

18.29

18.73

18.73

18.73

19.04

19.04

19.04

7.17

7.17

7.17

6.75

6.75

6.75

7.05

7.05

7.05

6.77

6.77

6.77

6.59

6.59

6.59

9.08

9.08

9.08

9.15

9.15

9.15

8.15

8.15

8.15

9.87

9.87

9.87

9.12

9.12

9.12

7.90

7.90

7.90

15.15

15.15

15.15

16.83

16.83

16.83

16.32

16.32

16.32

16.07

16.07

16.07

6.95

6.95

6.95

9.66

9.66

9.66

16.52

16.52

16.52

14.90

14.90

14.90

9.14

9.14

9.14

9.57

9.57

9.57

-5.22

-5.22

-5.22

-5.78

-5.78

-5.78

13.93

13.93

13.93

-

-

-

-

Unlevered Free Cash Flow Margin

-

-

-

-

-

-

-

-

-

20.80

20.80

20.80

20.70

20.70

20.70

19.69

19.69

19.69

19.67

19.67

19.67

20.40

20.40

20.40

19.70

19.70

19.70

19.79

19.79

19.79

19.79

19.79

19.79

18.58

18.58

18.58

19.39

19.39

19.39

18.13

18.13

18.13

18.10

18.10

18.10

17.14

17.14

17.14

16.56

16.56

16.56

18.50

18.50

18.50

18.47

18.47

18.47

19.95

19.95

19.95

20.39

20.39

20.39

17.72

17.72

17.72

17.33

17.33

17.33

15.35

15.35

15.35

18.84

18.84

18.84

20.49

20.49

20.49

20.94

20.94

20.94

21.27

21.27

21.27

9.26

9.26

9.26

8.82

8.82

8.82

9.04

9.04

9.04

8.69

8.69

8.69

8.53

8.53

8.53

11.03

11.03

11.03

11.21

11.21

11.21

10.31

10.31

10.31

12.13

12.13

12.13

11.48

11.48

11.48

10.22

10.22

10.22

17.45

17.45

17.45

19.04

19.04

19.04

18.41

18.41

18.41

18.25

18.25

18.25

9.20

9.20

9.20

12.02

12.02

12.02

18.99

18.99

18.99

17.36

17.36

17.36

11.59

11.59

11.59

12.67

12.67

12.67

-1.43

-1.43

-1.43

-1.45

-1.45

-1.45

18.80

18.80

18.80

-

-

-

-

Margin Analysis

Total Revenue

-
-
-
-
-
-
-
-

HKD$ 34599.00

-
-

HKD$ 34464.50

-
-

HKD$ 34330.00

-
-

HKD$ 34349.00

-
-

HKD$ 34368.00

-
-

HKD$ 34246.50

-
-

HKD$ 34125.00

-
-

HKD$ 34300.00

-
-

HKD$ 34475.00

-
-

HKD$ 34218.00

-
-

HKD$ 33961.00

-
-

HKD$ 33693.50

-
-

HKD$ 33426.00

-
-

HKD$ 32907.50

-
-

HKD$ 32389.00

-
-

HKD$ 32494.50

-
-

HKD$ 32600.00

-
-

HKD$ 32851.50

-
-

HKD$ 33103.00

-
-

HKD$ 33188.50

-
-

HKD$ 33274.00

-
-

HKD$ 34230.50

-
-

HKD$ 35187.00

-
-

HKD$ 35032.50

-
-

HKD$ 34878.00

-
-

HKD$ 33972.50

-
-

HKD$ 33067.00

-
-

HKD$ 32745.00

-
-

HKD$ 32670.00

-
-

HKD$ 33258.50

-
-

HKD$ 33847.00

-
-

HKD$ 34495.00

-
-

HKD$ 35143.00

-
-

HKD$ 34936.00

-
-

HKD$ 34729.00

-
-

HKD$ 33503.00

-
-

HKD$ 32277.00

-
-

HKD$ 30550.00

-
-

HKD$ 28823.00

-
-

HKD$ 26552.00

-
-

HKD$ 24281.00

-
-

HKD$ 23556.50

-
-

HKD$ 22832.00

-
-

HKD$ 22634.50

-
-

HKD$ 22437.00

-
-

HKD$ 21759.00

-
-

HKD$ 21081.00

-
-

HKD$ 20542.00

-
-

HKD$ 20003.00

-
-

HKD$ 19914.00

-
-

HKD$ 19825.00

-

Profitability

Return on Equity

14.67 %

14.67 %

14.67 %

14.67 %

14.67 %

14.67 %

14.67 %

14.67 %

14.61 %

13.96 %

13.96 %

13.96 %

13.89 %

13.89 %

13.89 %

14.00 %

14.00 %

14.00 %

13.94 %

13.94 %

13.94 %

13.36 %

13.36 %

13.36 %

13.24 %

13.24 %

13.24 %

13.30 %

13.30 %

13.30 %

13.30 %

13.30 %

13.30 %

12.84 %

12.84 %

12.84 %

13.51 %

13.51 %

13.51 %

14.50 %

14.50 %

14.50 %

14.49 %

14.49 %

14.49 %

14.02 %

14.02 %

14.02 %

13.56 %

13.56 %

13.56 %

13.47 %

13.47 %

13.47 %

13.83 %

13.83 %

13.83 %

13.86 %

13.86 %

13.86 %

13.72 %

13.72 %

13.72 %

13.86 %

13.86 %

13.86 %

13.47 %

13.47 %

13.47 %

12.83 %

12.83 %

12.83 %

12.18 %

12.18 %

12.18 %

11.93 %

11.93 %

11.93 %

12.29 %

12.29 %

12.29 %

12.35 %

12.35 %

12.35 %

12.28 %

12.28 %

12.28 %

12.40 %

12.40 %

12.40 %

12.63 %

12.63 %

12.63 %

12.81 %

12.81 %

12.81 %

12.28 %

12.28 %

12.28 %

11.87 %

11.87 %

11.87 %

11.17 %

11.17 %

11.17 %

10.52 %

10.52 %

10.52 %

9.79 %

9.79 %

9.79 %

10.04 %

10.04 %

10.04 %

9.49 %

9.49 %

9.49 %

8.88 %

8.88 %

8.88 %

8.38 %

8.38 %

8.38 %

8.81 %

8.81 %

8.81 %

8.47 %

8.47 %

8.47 %

8.07 %

8.07 %

8.07 %

7.37 %

7.37 %

7.37 %

6.62 %

6.62 %

6.62 %

5.98 %

5.98 %

5.98 %

5.35 %

5.35 %

5.35 %

5.12 %

5.12 %

5.12 %

5.89 %

5.89 %

5.89 %

5.41 %

5.41 %

5.41 %

5.04 %

5.04 %

5.04 %

-

-

-

-

Return on Assets

4.43 %

4.43 %

4.43 %

4.43 %

4.43 %

4.43 %

4.43 %

4.43 %

4.38 %

4.34 %

4.34 %

4.34 %

4.28 %

4.28 %

4.28 %

4.30 %

4.30 %

4.30 %

4.21 %

4.21 %

4.21 %

4.11 %

4.11 %

4.11 %

4.08 %

4.08 %

4.08 %

4.17 %

4.17 %

4.17 %

4.16 %

4.16 %

4.16 %

4.17 %

4.17 %

4.17 %

4.17 %

4.17 %

4.17 %

4.34 %

4.34 %

4.34 %

4.37 %

4.37 %

4.37 %

4.43 %

4.43 %

4.43 %

4.49 %

4.49 %

4.49 %

4.66 %

4.66 %

4.66 %

4.76 %

4.76 %

4.76 %

4.87 %

4.87 %

4.87 %

4.86 %

4.86 %

4.86 %

4.92 %

4.92 %

4.92 %

4.78 %

4.78 %

4.78 %

4.68 %

4.68 %

4.68 %

4.62 %

4.62 %

4.62 %

4.65 %

4.65 %

4.65 %

4.63 %

4.63 %

4.63 %

4.61 %

4.61 %

4.61 %

4.55 %

4.55 %

4.55 %

4.56 %

4.56 %

4.56 %

4.62 %

4.62 %

4.62 %

4.69 %

4.69 %

4.69 %

4.52 %

4.52 %

4.52 %

4.41 %

4.41 %

4.41 %

4.25 %

4.25 %

4.25 %

4.11 %

4.11 %

4.11 %

3.74 %

3.74 %

3.74 %

3.36 %

3.36 %

3.36 %

3.19 %

3.19 %

3.19 %

3.50 %

3.50 %

3.50 %

3.29 %

3.29 %

3.29 %

3.02 %

3.02 %

3.02 %

2.78 %

2.78 %

2.78 %

3.04 %

3.04 %

3.04 %

2.93 %

2.93 %

2.93 %

2.81 %

2.81 %

2.81 %

2.81 %

2.81 %

2.81 %

2.84 %

2.84 %

2.84 %

2.91 %

2.91 %

2.91 %

2.97 %

2.97 %

2.97 %

2.99 %

2.99 %

2.99 %

2.98 %

2.98 %

2.98 %

-

-

-

-

Return on Capital

6.01 %

6.01 %

6.01 %

6.01 %

6.01 %

6.01 %

6.01 %

6.01 %

5.94 %

5.85 %

5.85 %

5.85 %

5.78 %

5.78 %

5.78 %

5.74 %

5.74 %

5.74 %

5.63 %

5.63 %

5.63 %

5.47 %

5.47 %

5.47 %

5.43 %

5.43 %

5.43 %

5.42 %

5.42 %

5.42 %

5.41 %

5.41 %

5.41 %

5.34 %

5.34 %

5.34 %

5.34 %

5.34 %

5.34 %

5.44 %

5.44 %

5.44 %

5.47 %

5.47 %

5.47 %

5.47 %

5.47 %

5.47 %

5.55 %

5.55 %

5.55 %

5.74 %

5.74 %

5.74 %

5.86 %

5.86 %

5.86 %

5.93 %

5.93 %

5.93 %

5.91 %

5.91 %

5.91 %

5.97 %

5.97 %

5.97 %

5.81 %

5.81 %

5.81 %

5.61 %

5.61 %

5.61 %

5.58 %

5.58 %

5.58 %

5.61 %

5.61 %

5.61 %

5.58 %

5.58 %

5.58 %

5.54 %

5.54 %

5.54 %

5.52 %

5.52 %

5.52 %

5.52 %

5.52 %

5.52 %

5.59 %

5.59 %

5.59 %

5.66 %

5.66 %

5.66 %

5.45 %

5.45 %

5.45 %

5.32 %

5.32 %

5.32 %

5.13 %

5.13 %

5.13 %

4.95 %

4.95 %

4.95 %

4.51 %

4.51 %

4.51 %

4.06 %

4.06 %

4.06 %

3.85 %

3.85 %

3.85 %

4.19 %

4.19 %

4.19 %

3.94 %

3.94 %

3.94 %

3.66 %

3.66 %

3.66 %

3.36 %

3.36 %

3.36 %

3.64 %

3.64 %

3.64 %

3.50 %

3.50 %

3.50 %

3.34 %

3.34 %

3.34 %

3.35 %

3.35 %

3.35 %

3.40 %

3.40 %

3.40 %

3.48 %

3.48 %

3.48 %

3.56 %

3.56 %

3.56 %

3.58 %

3.58 %

3.58 %

3.50 %

3.50 %

3.50 %

-

-

-

-

Dividends