Hong Kong Exchanges and Clearing Ltd
HKEX:388

Watchlist Manager
Hong Kong Exchanges and Clearing Ltd Logo
Hong Kong Exchanges and Clearing Ltd
HKEX:388
Watchlist
Price: 385.2 HKD -2.68%
Market Cap: 488.4B HKD

ROE
Return on Equity

27.9%
Current
23%
Average
6.6%
Industry

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
27.9%
=
Net Income
14.2B
/
Equity
50.7B

ROE Across Competitors

Hong Kong Exchanges and Clearing Ltd
Glance View

Market Cap
488.4B HKD
Industry
Financial Services

In the bustling heart of Hong Kong, where Eastern dynamism meets Western capitalism, stands the Hong Kong Exchanges and Clearing Ltd. (HKEX) — a powerhouse of financial prowess. Born in 2000 from the merger of the Stock Exchange of Hong Kong, the Hong Kong Futures Exchange, and the Hong Kong Securities Clearing Company, HKEX has grown to become one of the world's largest financial hubs. This prestigious platform serves as a gateway connecting China, one of the world’s fastest-growing economies, with global investors, facilitating seamless capital flow. The core of its operations revolves around the buying and selling of securities, derivatives, and commodities, with listings spanning a wide array of sectors from technology to finance, thus underpinning its role as a vital cog in the global financial machinery. The financial heartbeat of HKEX is its ability to generate revenue through multiple streams. Primarily, it earns through listing fees, levied when companies seek to tap into the global capital pool by going public on its exchange. Trading fees, charged on transactions, add another robust layer to its income structure. Furthermore, the derivatives market provides significant revenue through contract trading and clearing services, as HKEX facilitates futures and options trading. On top of this, its strategic acquisitions, like the London Metal Exchange in 2012, have diversified its offerings, firmly entrenching its status as a multidimensional financial facilitator. Integral to its success is the Stock Connect program, allowing international investors to directly access Mainland China’s burgeoning markets, solidifying its role as an essential bridge between East and West.

Intrinsic Value
255.02 HKD
Overvaluation 34%
Intrinsic Value
Price
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
27.9%
=
Net Income
14.2B
/
Equity
50.7B
What is the ROE of Hong Kong Exchanges and Clearing Ltd?

Based on Hong Kong Exchanges and Clearing Ltd's most recent financial statements, the company has ROE of 27.9%.

Back to Top