Is a complete HKG/2018 research report available?

No complete published report is available for hkg/2018 (HKG/2018) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

HKG/2018 (HKG/2018)

Hong Kong Stock Exchange: HKG/2018 · HKD

HK$38.8

+3.62 (+10.3%)· Recorded snapshot

Market cap	44.9B
Revenue (ttm)	38.1B
Net income (ttm)	2.9B
EPS (ttm)	HK$2.56
Shares out	1.2B
P/E (trailing)	15.2x
P/E (forward)	12.5x
Dividend	HK$0.35 (0.90%)
Volume	10,588,184
Beta	1.38

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	HKD
Country	Cayman Islands
Country code	HK
Earnings date	2026-11-06
Employees	42,086
Employees change	412
Employees growth	0.99%
Enterprise value	HKD 49.4B
Exchange	Hong Kong Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1993
Industry	Communication Equipment
Is primary listing	Yes
ISIN number	KYG2953R1149
Last earnings date	2026-08-20
Last refreshed	2026-10-28
Market cap	HKD 44.9B
Next earnings date	2026-11-06
Price	HKD 38.82
Price currency	HKD
Sector	Technology
SIC code	3651
Stock price date	2026-10-28
Symbol	hkg/2018
Website	https://www.aactechnologies.com

Metric

Value

Amount currency

HKD

Country

Cayman Islands

Country code

Earnings date

2026-11-06

Employees

42,086

Employees change

412

Employees growth

0.99%

Enterprise value

HKD 49.4B

Exchange

Hong Kong Stock Exchange

Financial currency

CNY

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1993

Industry

Communication Equipment

Is primary listing

Yes

ISIN number

KYG2953R1149

Last earnings date

2026-08-20

Last refreshed

2026-10-28

Market cap

HKD 44.9B

Next earnings date

2026-11-06

Price

HKD 38.82

Price currency

HKD

Sector

Technology

SIC code

3651

Stock price date

2026-10-28

Symbol

hkg/2018

Website

https://www.aactechnologies.com

Metric	Value
Adjusted P/E ratio	14.93x
Average P/E ratio (10Y)	23.32x
Average P/E ratio (3Y)	23.27x
Average P/E ratio (5Y)	23.41x
Earnings yield	6.59%
EV/Earnings	16.87x
EV/EBIT	15.43x
EV/EBITDA	7.65x
EV/FCF	12.25x
EV/Sales	1.3x
FCF / EV yield	8.16%
FCF yield	8.98%
Forward P/E	12.54x
Graham number	37.15354
Graham upside	-4.29%
Industry forward P/E	17.2x
Industry P/E	52.67x
Lynch fair value	HKD 12.79
Lynch upside	-67.06%
P/(FCF - SBC) ratio	11.19x
P/(OCF - SBC) ratio	6.29x
P/B ratio	1.57x
P/E ratio	15.18x
P/FCF ratio	11.13x
P/OCF ratio	6.27x
P/S ratio	1.18x
PEG ratio	0.74x
Price / tangible book value	2.05x
Price/EBITDA ratio	7.16x
Sector forward P/E	25.94x
Sector P/E	615.69x

Metric

Value

Adjusted P/E ratio

14.93x

Average P/E ratio (10Y)

23.32x

Average P/E ratio (3Y)

23.27x

Average P/E ratio (5Y)

23.41x

Earnings yield

6.59%

EV/Earnings

16.87x

EV/EBIT

15.43x

EV/EBITDA

7.65x

EV/FCF

12.25x

EV/Sales

1.3x

FCF / EV yield

8.16%

FCF yield

8.98%

Forward P/E

12.54x

Graham number

37.15354

Graham upside

-4.29%

Industry forward P/E

17.2x

Industry P/E

52.67x

Lynch fair value

HKD 12.79

Lynch upside

-67.06%

P/(FCF - SBC) ratio

11.19x

P/(OCF - SBC) ratio

6.29x

P/B ratio

1.57x

P/E ratio

15.18x

P/FCF ratio

11.13x

P/OCF ratio

6.27x

P/S ratio

1.18x

PEG ratio

0.74x

Price / tangible book value

2.05x

Price/EBITDA ratio

7.16x

Sector forward P/E

25.94x

Sector P/E

615.69x

Metric	Value
EBIT margin	8.4%
EBITDA margin	16.46%
Effective tax rate	9.82%
FCF margin	10.38%
Gross margin	22.74%
Operating margin	8.4%
Pretax margin	8.69%
Profit margin	7.69%
Profit per employee	HKD 69,610
Profitable quarters	46
Profitable years	22
Revenue per employee	HKD 905,368
ROA	3.67%
ROA (5Y)	2.11%
ROCE	8.23%
ROE	10.67%
ROE (5Y)	5.91%
ROIC	8.93%
ROIC (5Y)	4.9%
SBC / revenue	0.05%
Tax / revenue	0.85%

Metric

Value

EBIT margin

8.4%

EBITDA margin

16.46%

Effective tax rate

9.82%

FCF margin

10.38%

Gross margin

22.74%

Operating margin

8.4%

Pretax margin

8.69%

Profit margin

7.69%

Profit per employee

HKD 69,610

Profitable quarters

Profitable years

Revenue per employee

HKD 905,368

ROA

3.67%

ROA (5Y)

2.11%

ROCE

8.23%

ROE

10.67%

ROE (5Y)

5.91%

ROIC

8.93%

ROIC (5Y)

4.9%

SBC / revenue

0.05%

Tax / revenue

0.85%

Metric	Value
EPS growth	20.87%
EPS growth (Q)	4.52%
EPS growth (QoQ)	-44.49%
EPS growth 10Y	-1.66%
EPS growth 3Y	66.52%
EPS growth 5Y	4.93%
EPS growth quarters	2
EPS growth years	2
FCF growth	22.44%
FCF growth (Q)	-77.19%
FCF growth (QoQ)	-89.65%
FCF growth 3Y	-1.27%
Gross profit growth	17.69%
Gross profit growth (Q)	17.81%
Gross profit growth 3Y	31.66%
Gross profit growth 5Y	9.24%
Net income growth	18.81%
Net income growth (Q)	2.93%
Net income growth (QoQ)	-44.92%
Net income growth 3Y	59.83%
Net income growth 5Y	3.79%
Net income growth quarters	2
Net income growth years	2
OCF growth	13.97%
OCF growth (Q)	-33.84%
OCF growth (QoQ)	-55.4%
OCF growth 10Y	5.07%
OCF growth 3Y	7.53%
OCF growth 5Y	13.07%
Operating income growth	27%
Operating income growth (Q)	23.76%
Operating income growth 3Y	105.2%
Operating income growth 5Y	7.02%
Revenue growth	12.26%
Revenue growth (Q)	8.92%
Revenue growth (QoQ)	-21.58%
Revenue growth 10Y	10.11%
Revenue growth 3Y	17.33%
Revenue growth 5Y	13%
Revenue growth quarters	2
Revenue growth years	2

Metric

Value

EPS growth

20.87%

EPS growth (Q)

4.52%

EPS growth (QoQ)

-44.49%

EPS growth 10Y

-1.66%

EPS growth 3Y

66.52%

EPS growth 5Y

4.93%

EPS growth quarters

EPS growth years

FCF growth

22.44%

FCF growth (Q)

-77.19%

FCF growth (QoQ)

-89.65%

FCF growth 3Y

-1.27%

Gross profit growth

17.69%

Gross profit growth (Q)

17.81%

Gross profit growth 3Y

31.66%

Gross profit growth 5Y

9.24%

Net income growth

18.81%

Net income growth (Q)

2.93%

Net income growth (QoQ)

-44.92%

Net income growth 3Y

59.83%

Net income growth 5Y

3.79%

Net income growth quarters

Net income growth years

OCF growth

13.97%

OCF growth (Q)

-33.84%

OCF growth (QoQ)

-55.4%

OCF growth 10Y

5.07%

OCF growth 3Y

7.53%

OCF growth 5Y

13.07%

Operating income growth

27%

Operating income growth (Q)

23.76%

Operating income growth 3Y

105.2%

Operating income growth 5Y

7.02%

Revenue growth

12.26%

Revenue growth (Q)

8.92%

Revenue growth (QoQ)

-21.58%

Revenue growth 10Y

10.11%

Revenue growth 3Y

17.33%

Revenue growth 5Y

13%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	HKD -3.1B
Depreciation and amortization	HKD 3.1B
EBIT	HKD 3.2B
EBITDA	HKD 6.3B
EPS	HKD 2.56
FCF per share	HKD 3.49
Financing cash flow	HKD -3.1B
Free cash flow	HKD 4B
Free cash flow minus SBC	HKD 4B
Gross profit	HKD 8.7B
Income taxes	HKD 325.1M
Investing cash flow	HKD -6.5B
Net borrowing	HKD -583M
Net cash flow	HKD -2.6B
Net income	HKD 2.9B
Operating cash flow minus SBC	HKD 7.1B
Operating income	HKD 3.2B
Revenue	HKD 38.1B
Stock-based compensation	HKD 19M

Metric

Value

Capital expenditures

HKD -3.1B

Depreciation and amortization

HKD 3.1B

EBIT

HKD 3.2B

EBITDA

HKD 6.3B

EPS

HKD 2.56

FCF per share

HKD 3.49

Financing cash flow

HKD -3.1B

Free cash flow

HKD 4B

Free cash flow minus SBC

HKD 4B

Gross profit

HKD 8.7B

Income taxes

HKD 325.1M

Investing cash flow

HKD -6.5B

Net borrowing

HKD -583M

Net cash flow

HKD -2.6B

Net income

HKD 2.9B

Operating cash flow minus SBC

HKD 7.1B

Operating income

HKD 3.2B

Revenue

HKD 38.1B

Stock-based compensation

HKD 19M

Metric	Value
Altman Z-Score	2.93
Book value per share	HKD 23.99
Debt / EBITDA	1.85
Debt / equity	0.42
Debt / FCF	2.97
Goodwill	HKD 3.2B
Interest coverage	6.56
Long-term assets	HKD 31.6B
Long-term liabilities	HKD 10B
Net cash (debt)	HKD -3.8B
Net cash / market cap	-8.44%
Net debt / EBITDA	0.6
Net debt / equity	0.13
Net debt / FCF	0.94
Piotroski F-Score	7
Property, plant and equipment	HKD 23.4B
Shareholders' equity	HKD 28.5B
Tangible book value	HKD 21.9B
Tangible book value per share	HKD 18.92
Total assets	HKD 54.7B
Total cash	HKD 8.2B
Total debt	HKD 12B
Total liabilities	HKD 26.2B
WACC	10.1%

Metric

Value

Altman Z-Score

2.93

Book value per share

HKD 23.99

Debt / EBITDA

1.85

Debt / equity

0.42

Debt / FCF

2.97

Goodwill

HKD 3.2B

Interest coverage

6.56

Long-term assets

HKD 31.6B

Long-term liabilities

HKD 10B

Net cash (debt)

HKD -3.8B

Net cash / market cap

-8.44%

Net debt / EBITDA

0.6

Net debt / equity

0.13

Net debt / FCF

0.94

Piotroski F-Score

Property, plant and equipment

HKD 23.4B

Shareholders' equity

HKD 28.5B

Tangible book value

HKD 21.9B

Tangible book value per share

HKD 18.92

Total assets

HKD 54.7B

Total cash

HKD 8.2B

Total debt

HKD 12B

Total liabilities

HKD 26.2B

WACC

10.1%

Metric	Value
Asset turnover	0.7
Current assets	HKD 23.1B
Current liabilities	HKD 16.1B
Current ratio	1.43
Inventory turnover	5.34
Net working capital	HKD 1.4B
Quick ratio	1.03
Working capital	HKD 6.9B
Working capital turnover	6.22

Metric

Value

Asset turnover

0.7

Current assets

HKD 23.1B

Current liabilities

HKD 16.1B

Current ratio

1.43

Inventory turnover

5.34

Net working capital

HKD 1.4B

Quick ratio

1.03

Working capital

HKD 6.9B

Working capital turnover

6.22

Metric	Value
Buyback yield / dilution	1.79%
Dividend growth	45.83%
Dividend growth (10Y)	-11.59%
Dividend growth (3Y)	42.88%
Dividend growth (5Y)	3.13%
Dividend growth years	1
Dividend payment date	2026-06-18
Dividend payment years	4
Dividend payout frequency	Annual
Dividend per share	HKD 0.35
Dividend yield	0.9%
Ex-dividend date	2026-05-26
FCF payout ratio	10.04%
Last dividend	HKD 0.35
Payout ratio	14.45%
Shareholder yield	2.69%

Metric

Value

Buyback yield / dilution

1.79%

Dividend growth

45.83%

Dividend growth (10Y)

-11.59%

Dividend growth (3Y)

42.88%

Dividend growth (5Y)

3.13%

Dividend growth years

Dividend payment date

2026-06-18

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

HKD 0.35

Dividend yield

0.9%

Ex-dividend date

2026-05-26

FCF payout ratio

10.04%

Last dividend

HKD 0.35

Payout ratio

14.45%

Shareholder yield

2.69%

Metric	Value
10Y price change	-47.58%
10Y return CAGR	-5.24%
10Y total return	-41.64%
150-day SMA	HKD 40.20
15Y price change	97.06%
15Y return CAGR	6.06%
15Y total return	141.76%
1D price change	10.28%
1M price change	-1.82%
1M total return	-1.82%
1W price change	7.12%
1W total return	7.12%
1Y price change	-5.04%
1Y return CAGR	-4.27%
1Y total return	-4.27%
20-day SMA	HKD 37.20
200-day SMA	HKD 39.29
20Y price change	337.16%
20Y return CAGR	9.18%
20Y total return	479.12%
3M price change	-1.22%
3M total return	-1.22%
3Y price change	182.53%
3Y return CAGR	42.23%
3Y total return	187.81%
50-day SMA	HKD 39.58
50-day SMA vs 200-day SMA	50over200
52-week high	HKD 50.35
52-week high date	2026-06-17
52-week low	HKD 31.20
52-week low date	2026-03-23
5Y price change	13.34%
5Y return CAGR	3.07%
5Y total return	16.3%
6M price change	-1.97%
6M total return	-1.17%
All-time high	HKD 185.00
All-time high date	2017-11-13
All-time low	HKD 2.20
All-time low date	2008-12-03
Average true range (ATR)	HKD 1.67
Average volume	4.2M
Beta (1Y)	1.05
Beta (2Y)	1.3
Beta (5Y)	1.38
Change from 52-week high	-22.9%
Change from 52-week low	24.42%
Change from all-time high	-79.02%
Change from all-time low	1,664.55%
Change from open	10.28%
Day's gap	0%
Dollar volume	HKD 411M
High price	HKD 39.70
Low price	HKD 35.20
Monthly RSI	51.55
Open price	HKD 35.20
Position in 52-week range	80.44%
Previous close	HKD 35.20
Price vs 150-day SMA	-3.44%
Price vs 20-day SMA	4.36%
Price vs 200-day SMA	-1.19%
Price vs 50-day SMA	-1.91%
Relative volume	2.54
RSI	55.07
Sharpe ratio	0.16
Sharpe ratio (3Y)	0.9
Sharpe ratio (5Y)	0.15
Sortino ratio	0.37
Sortino ratio (3Y)	1.45
Sortino ratio (5Y)	0.33
Volume	10.6M
Weekly RSI	48.34
YTD price change	-0.46%
YTD total return	0.35%

Metric

Value

10Y price change

-47.58%

10Y return CAGR

-5.24%

10Y total return

-41.64%

150-day SMA

HKD 40.20

15Y price change

97.06%

15Y return CAGR

6.06%

15Y total return

141.76%

1D price change

10.28%

1M price change

-1.82%

1M total return

-1.82%

1W price change

7.12%

1W total return

7.12%

1Y price change

-5.04%

1Y return CAGR

-4.27%

1Y total return

-4.27%

20-day SMA

HKD 37.20

200-day SMA

HKD 39.29

20Y price change

337.16%

20Y return CAGR

9.18%

20Y total return

479.12%

3M price change

-1.22%

3M total return

-1.22%

3Y price change

182.53%

3Y return CAGR

42.23%

3Y total return

187.81%

50-day SMA

HKD 39.58

50-day SMA vs 200-day SMA

50over200

52-week high

HKD 50.35

52-week high date

2026-06-17

52-week low

HKD 31.20

52-week low date

2026-03-23

5Y price change

13.34%

5Y return CAGR

3.07%

5Y total return

16.3%

6M price change

-1.97%

6M total return

-1.17%

All-time high

HKD 185.00

All-time high date

2017-11-13

All-time low

HKD 2.20

All-time low date

2008-12-03

Average true range (ATR)

HKD 1.67

Average volume

4.2M

Beta (1Y)

1.05

Beta (2Y)

1.3

Beta (5Y)

1.38

Change from 52-week high

-22.9%

Change from 52-week low

24.42%

Change from all-time high

-79.02%

Change from all-time low

1,664.55%

Change from open

10.28%

Day's gap

Dollar volume

HKD 411M

High price

HKD 39.70

Low price

HKD 35.20

Monthly RSI

51.55

Open price

HKD 35.20

Position in 52-week range

80.44%

Previous close

HKD 35.20

Price vs 150-day SMA

-3.44%

Price vs 20-day SMA

4.36%

Price vs 200-day SMA

-1.19%

Price vs 50-day SMA

-1.91%

Relative volume

2.54

RSI

55.07

Sharpe ratio

0.16

Sharpe ratio (3Y)

0.9

Sharpe ratio (5Y)

0.15

Sortino ratio

0.37

Sortino ratio (3Y)

1.45

Sortino ratio (5Y)

0.33

Volume

10.6M

Weekly RSI

48.34

YTD price change

-0.46%

YTD total return

0.35%

Metric	Value
Float	717.1M
Shares change (QoQ)	-0.77%
Shares change (YoY)	-1.79%
Shares held by insiders	38.01%
Shares held by institutions	29.32%
Shares outstanding	1.2B

Metric

Value

Float

717.1M

Shares change (QoQ)

-0.77%

Shares change (YoY)

-1.79%

Shares held by insiders

38.01%

Shares held by institutions

29.32%

Shares outstanding

1.2B

HKG/2018 (HKG/2018)

Price

Financial snapshot

Fair-value bridge

Latest news · HKG/2018

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All HKG/2018 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on HKG/2018

Frequently asked questions