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Hong Kong Exchanges and Clearing stock: growth
0388.HKHong Kong Exchanges and Clearing reported $3.7B in revenue for fiscal 2025, up 68.1% on the prior year, up 11.6% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
10.8%
per year from 2006 to 2025, per share 9.8%
Earnings (Annual rate)
10.8%
per year from 2006 to 2025, per share 9.8%
Free cash flow (Annual rate)
11.2%
per year from 2006 to 2025, per share 10.2%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 11.6% | 9.1% | 10.8% |
| Revenue per share | 11.6% | 8.4% | 9.8% |
| Earnings | 9.1% | 8.4% | 10.8% |
| Earnings per share | 9.1% | 7.7% | 9.8% |
| Free cash flow | 9.3% | 10.7% | 11.2% |
| Free cash flow per share | 9.3% | 10.0% | 10.2% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $526.38M | $319.69M | $356.07M |
| 2007 | $907.23M | $783.09M | $961.58M |
| 2008 | $822.69M | $650.99M | $612.82M |
| 2009 | $814.15M | $597.09M | $549.18M |
| 2010 | $900.46M | $639.36M | $622.73M |
| 2011 | $933.85M | $646.47M | $611.44M |
| 2012 | $816.43M | $518.39M | $691.66M |
| 2013 | $1.03B | $577.8M | $531.98M |
| 2014 | $1.16B | $655.61M | $508.75M |
| 2015 | $1.55B | $1.01B | $966.09M |
| 2016 | $1.32B | $732.28M | $360.87M |
| 2017 | $1.47B | $939.81M | $853.62M |
| 2018 | $1.81B | $1.18B | $1.09B |
| 2019 | $1.72B | $1.19B | $1.14B |
| 2020 | $2.14B | $1.46B | $1.7B |
| 2021 | $2.47B | $1.59B | $1.43B |
| 2022 | $2.15B | $1.28B | $1.74B |
| 2023 | $1.96B | $1.51B | $1.28B |
| 2024 | $2.2B | $1.66B | $1.42B |
| 2025 | $3.7B | $2.25B | $2.66B |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = HK$7.8782)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 4 Sep 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.