HKG/2388 (HKG/2388)

Hong Kong Stock Exchange: HKG/2388 · HKD

HK$49.0

+0.84 (+1.7%)· Recorded snapshot

Market cap	517.9B
Revenue (ttm)	69.3B
Net income (ttm)	41.7B
EPS (ttm)	HK$3.94
Shares out	10.6B
P/E (trailing)	12.4x
P/E (forward)	11.5x
Dividend	HK$2.13 (4.34%)
Volume	16,176,395
Beta	0.25

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 69.3B
Net income (ttm): 41.7B
EPS (ttm): HK$3.94
P/E (trailing): 12.4x
P/E (forward): 11.5x
Market cap: 517.9B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E11.5

P25 n/aP50 n/aP75 n/a

Trailing P/E12.4

P25 n/aP50 n/aP75 n/a

ROE11.9

P25 n/aP50 n/aP75 n/a

ROICn/a

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.8%

Nasdaq Composite-1.0%

Dow Jones Industrial Average+1.9%

Russell 2000+0.3%

All HKG/2388 indicators

Market & fundamental data

Available fields

201

Groups with data

Currency

HKD

Showing 201 of 201 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	HKD
Country	Hong Kong
Country code	HK
Earnings date	2026-10-30
Employees	15,469
Employees change	-116
Employees growth	-0.74%
Exchange	Hong Kong Stock Exchange
Financial currency	HKD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1917
Industry	Banks - Regional
Is primary listing	Yes
ISIN number	HK2388011192
Last earnings date	2026-08-28
Last refreshed	2026-10-28
Market cap	HKD 517.9B
Next earnings date	2026-10-30
Price	HKD 48.98
Price currency	HKD
Sector	Financials
SIC code	6020
Stock price date	2026-10-28
Symbol	hkg/2388

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	9.76x
Average P/E ratio (3Y)	8.4x
Average P/E ratio (5Y)	9.54x
Earnings yield	8.05%
FCF yield	-33.33%
Forward P/E	11.49x
Graham number	54.99738
Graham upside	12.29%
Industry forward P/E	7.81x
Industry P/E	7.56x
Lynch fair value	HKD 46.61
Lynch upside	-4.83%
P/B ratio	1.42x
P/E ratio	12.42x
P/S ratio	7.47x
PEG ratio	1.35x
Price / tangible book value	1.45x
Sector forward P/E	7.77x
Sector P/E	7.72x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Effective tax rate	14.62%
Operating margin	72.95%
Pretax margin	72.2%
Profit margin	60.14%
Profit per employee	HKD 2.7M
Profitable quarters	52
Profitable years	25
Revenue per employee	HKD 4.5M
ROA	0.93%
ROA (5Y)	0.86%
ROE	11.92%
ROE (5Y)	10.05%
Tax / revenue	10.56%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	3.34%
EPS growth (Q)	7.13%
EPS growth (QoQ)	32.11%
EPS growth 10Y	-2.98%
EPS growth 3Y	11.21%
EPS growth 5Y	11.82%
EPS growth quarters	1
EPS growth years	4
Net income growth	3.34%
Net income growth (Q)	7.13%
Net income growth (QoQ)	32.11%
Net income growth 3Y	11.21%
Net income growth 5Y	11.82%
Net income growth quarters	1
Net income growth years	4
Revenue growth	-0.56%
Revenue growth (Q)	1.66%
Revenue growth (QoQ)	16.87%
Revenue growth 10Y	5.88%
Revenue growth 3Y	6.2%
Revenue growth 5Y	7.52%
Revenue growth quarters	1
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	HKD -945M
EPS	HKD 3.94
FCF per share	HKD -16.33
Financing cash flow	HKD 231.3B
Free cash flow	HKD -172.6B
Gross profit	HKD 69.3B
Income taxes	HKD 7.3B
Investing cash flow	HKD -3.9B
Net borrowing	HKD -575M
Net cash flow	HKD 64.6B
Net income	HKD 41.7B
Operating income	HKD 50.6B
Revenue	HKD 69.3B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	HKD 34.08
Debt / equity	0.46
Net cash (debt)	HKD 858.7B
Net cash / market cap	165.82%
Net cash growth	12.97%
Net debt / equity	-2.35
Piotroski F-Score	2
Property, plant and equipment	HKD 33.8B
Shareholders' equity	HKD 365.8B
Tangible book value	HKD 357.4B
Tangible book value per share	HKD 33.81
Total assets	HKD 4.8T
Total cash	HKD 1T
Total debt	HKD 166.7B
Total liabilities	HKD 4.4T
WACC	4.27%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Working capital	HKD -2.7T

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Dividend growth	18.25%
Dividend growth (10Y)	2.03%
Dividend growth (3Y)	18.05%
Dividend growth (5Y)	13.74%
Dividend growth years	3
Dividend payment date	2026-09-25
Dividend payment years	24
Dividend payout frequency	Quarterly
Dividend per share	HKD 2.13
Dividend yield	4.34%
Ex-dividend date	2026-09-10
Last dividend	HKD 0.53
Payout ratio	58.04%
Shareholder yield	4.34%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	76.82%
10Y return CAGR	11.37%
10Y total return	193.54%
150-day SMA	HKD 47.93
15Y price change	158.88%
15Y return CAGR	12.04%
15Y total return	450.53%
1D price change	1.74%
1M price change	-4.24%
1M total return	-4.24%
1W price change	-3.96%
1W total return	-3.96%
1Y price change	28.96%
1Y return CAGR	35.86%
1Y total return	35.83%
20-day SMA	HKD 50.28
200-day SMA	HKD 46.31
20Y price change	177.66%
20Y return CAGR	10.47%
20Y total return	632.73%
3M price change	-4.99%
3M total return	-4.01%
3Y price change	134.35%
3Y return CAGR	41.11%
3Y total return	181.02%
50-day SMA	HKD 51.05
50-day SMA vs 200-day SMA	50over200
52-week high	HKD 53.85
52-week high date	2026-09-14
52-week low	HKD 36.36
52-week low date	2025-12-04
5Y price change	96.71%
5Y return CAGR	21.18%
5Y total return	161.22%
6M price change	12.08%
6M total return	17.18%
All-time high	HKD 53.85
All-time high date	2026-09-14
All-time low	HKD 6.30
All-time low date	2009-03-09
Average true range (ATR)	HKD 1.21
Average volume	11.5M
Beta (5Y)	0.25
Change from 52-week high	-9.04%
Change from 52-week low	34.71%
Change from all-time high	-9.04%
Change from all-time low	677.46%
Change from open	2.47%
Day's gap	-0.71%
Dollar volume	HKD 792.3M
High price	HKD 49.00
Low price	HKD 47.64
Monthly RSI	66.06
Open price	HKD 47.80
Position in 52-week range	98.53%
Previous close	HKD 48.14
Price vs 150-day SMA	2.19%
Price vs 20-day SMA	-2.58%
Price vs 200-day SMA	5.76%
Price vs 50-day SMA	-4.05%
Relative volume	1.49
RSI	43.29
Sharpe ratio	1.47
Sharpe ratio (3Y)	1.41
Sharpe ratio (5Y)	0.82
Sortino ratio	2.55
Sortino ratio (3Y)	2.51
Sortino ratio (5Y)	1.52
Volume	16.2M
Weekly RSI	52.61
YTD price change	24.25%
YTD total return	29.9%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	3.6B
Shares change (QoQ)	0%
Shares held by institutions	10.02%
Shares outstanding	10.6B

Deeper analysis on HKG/2388

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this HKG/2388 report

Is a complete HKG/2388 research report available?

No complete published report is available for hkg/2388 (HKG/2388) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

517.9B

Revenue (ttm)

69.3B

Net income (ttm)

41.7B

EPS (ttm)

HK$3.94

Shares out

10.6B

P/E (trailing)

12.4x

P/E (forward)

11.5x

Dividend

HK$2.13 (4.34%)

Volume

16,176,395

Beta

0.25

Metric

Value

Amount currency

HKD

Country

Hong Kong

Country code

Earnings date

2026-10-30

Employees

15,469

Employees change

-116

Employees growth

-0.74%

Exchange

Hong Kong Stock Exchange

Financial currency

HKD

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1917

Industry

Banks - Regional

Is primary listing

Yes

ISIN number

HK2388011192

Last earnings date

2026-08-28

Last refreshed

2026-10-28

Market cap

HKD 517.9B

Next earnings date

2026-10-30

Price

HKD 48.98

Price currency

HKD

Sector

Financials

SIC code

6020

Stock price date

2026-10-28

Symbol

hkg/2388

Metric

Value

Average P/E ratio (10Y)

9.76x

Average P/E ratio (3Y)

8.4x

Average P/E ratio (5Y)

9.54x

Earnings yield

8.05%

FCF yield

-33.33%

Forward P/E

11.49x

Graham number

54.99738

Graham upside

12.29%

Industry forward P/E

7.81x

Industry P/E

7.56x

Lynch fair value

HKD 46.61

Lynch upside

-4.83%

P/B ratio

1.42x

P/E ratio

12.42x

P/S ratio

7.47x

PEG ratio

1.35x

Price / tangible book value

1.45x

Sector forward P/E

7.77x

Sector P/E

7.72x

Metric

Value

Effective tax rate

14.62%

Operating margin

72.95%

Pretax margin

72.2%

Profit margin

60.14%

Profit per employee

HKD 2.7M

Profitable quarters

Profitable years

Revenue per employee

HKD 4.5M

ROA

0.93%

ROA (5Y)

0.86%

ROE

11.92%

ROE (5Y)

10.05%

Tax / revenue

10.56%

Metric

Value

EPS growth

3.34%

EPS growth (Q)

7.13%

EPS growth (QoQ)

32.11%

EPS growth 10Y

-2.98%

EPS growth 3Y

11.21%

EPS growth 5Y

11.82%

EPS growth quarters

EPS growth years

Net income growth

3.34%

Net income growth (Q)

7.13%

Net income growth (QoQ)

32.11%

Net income growth 3Y

11.21%

Net income growth 5Y

11.82%

Net income growth quarters

Net income growth years

Revenue growth

-0.56%

Revenue growth (Q)

1.66%

Revenue growth (QoQ)

16.87%

Revenue growth 10Y

5.88%

Revenue growth 3Y

6.2%

Revenue growth 5Y

7.52%

Revenue growth quarters

Revenue growth years

Metric

Value

Capital expenditures

HKD -945M

EPS

HKD 3.94

FCF per share

HKD -16.33

Financing cash flow

HKD 231.3B

Free cash flow

HKD -172.6B

Gross profit

HKD 69.3B

Income taxes

HKD 7.3B

Investing cash flow

HKD -3.9B

Net borrowing

HKD -575M

Net cash flow

HKD 64.6B

Net income

HKD 41.7B

Operating income

HKD 50.6B

Revenue

HKD 69.3B

Metric

Value

Book value per share

HKD 34.08

Debt / equity

0.46

Net cash (debt)

HKD 858.7B

Net cash / market cap

165.82%

Net cash growth

12.97%

Net debt / equity

-2.35

Piotroski F-Score

Property, plant and equipment

HKD 33.8B

Shareholders' equity

HKD 365.8B

Tangible book value

HKD 357.4B

Tangible book value per share

HKD 33.81

Total assets

HKD 4.8T

Total cash

HKD 1T

Total debt

HKD 166.7B

Total liabilities

HKD 4.4T

WACC

4.27%

Metric

Value

Working capital

HKD -2.7T

Metric

Value

Dividend growth

18.25%

Dividend growth (10Y)

2.03%

Dividend growth (3Y)

18.05%

Dividend growth (5Y)

13.74%

Dividend growth years

Dividend payment date

2026-09-25

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

HKD 2.13

Dividend yield

4.34%

Ex-dividend date

2026-09-10

Last dividend

HKD 0.53

Payout ratio

58.04%

Shareholder yield

4.34%

Metric

Value

10Y price change

76.82%

10Y return CAGR

11.37%

10Y total return

193.54%

150-day SMA

HKD 47.93

15Y price change

158.88%

15Y return CAGR

12.04%

15Y total return

450.53%

1D price change

1.74%

1M price change

-4.24%

1M total return

-4.24%

1W price change

-3.96%

1W total return

-3.96%

1Y price change

28.96%

1Y return CAGR

35.86%

1Y total return

35.83%

20-day SMA

HKD 50.28

200-day SMA

HKD 46.31

20Y price change

177.66%

20Y return CAGR

10.47%

20Y total return

632.73%

3M price change

-4.99%

3M total return

-4.01%

3Y price change

134.35%

3Y return CAGR

41.11%

3Y total return

181.02%

50-day SMA

HKD 51.05

50-day SMA vs 200-day SMA

50over200

52-week high

HKD 53.85

52-week high date

2026-09-14

52-week low

HKD 36.36

52-week low date

2025-12-04

5Y price change

96.71%

5Y return CAGR

21.18%

5Y total return

161.22%

6M price change

12.08%

6M total return

17.18%

All-time high

HKD 53.85

All-time high date

2026-09-14

All-time low

HKD 6.30

All-time low date

2009-03-09

Average true range (ATR)

HKD 1.21

Average volume

11.5M

Beta (5Y)

0.25

Change from 52-week high

-9.04%

Change from 52-week low

34.71%

Change from all-time high

-9.04%

Change from all-time low

677.46%

Change from open

2.47%

Day's gap

-0.71%

Dollar volume

HKD 792.3M

High price

HKD 49.00

Low price

HKD 47.64

Monthly RSI

66.06

Open price

HKD 47.80

Position in 52-week range

98.53%

Previous close

HKD 48.14

Price vs 150-day SMA

2.19%

Price vs 20-day SMA

-2.58%

Price vs 200-day SMA

5.76%

Price vs 50-day SMA

-4.05%

Relative volume

1.49

RSI

43.29

Sharpe ratio

1.47

Sharpe ratio (3Y)

1.41

Sharpe ratio (5Y)

0.82

Sortino ratio

2.55

Sortino ratio (3Y)

2.51

Sortino ratio (5Y)

1.52

Volume

16.2M

Weekly RSI

52.61

YTD price change

24.25%

YTD total return

29.9%

Metric

Value

Float

3.6B

Shares change (QoQ)

Shares held by institutions

10.02%

Shares outstanding

10.6B

HKG/2388 (HKG/2388)

Price

Financial snapshot

Fair-value bridge

Latest news · HKG/2388

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All HKG/2388 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/2388

Frequently asked questions

HKG/2388 (HKG/2388)

Price

Financial snapshot

Fair-value bridge

Latest news · HKG/2388

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All HKG/2388 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/2388

Frequently asked questions