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Hong Kong Exchanges and Clearing (HKSE:00388) Net Margin % : 69.25% (As of Dec. 2023)


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What is Hong Kong Exchanges and Clearing Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hong Kong Exchanges and Clearing's Net Income for the three months ended in Dec. 2023 was HK$2,597 Mil. Hong Kong Exchanges and Clearing's Revenue for the three months ended in Dec. 2023 was HK$3,750 Mil. Therefore, Hong Kong Exchanges and Clearing's net margin for the quarter that ended in Dec. 2023 was 69.25%.

The historical rank and industry rank for Hong Kong Exchanges and Clearing's Net Margin % or its related term are showing as below:

HKSE:00388' s Net Margin % Range Over the Past 10 Years
Min: 55.48   Med: 64.71   Max: 76.8
Current: 74.78


HKSE:00388's Net Margin % is ranked better than
89.06% of 777 companies
in the Capital Markets industry
Industry Median: 13.56 vs HKSE:00388: 74.78

Hong Kong Exchanges and Clearing Net Margin % Historical Data

The historical data trend for Hong Kong Exchanges and Clearing's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hong Kong Exchanges and Clearing Net Margin % Chart

Hong Kong Exchanges and Clearing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.23 68.34 64.38 59.51 76.80

Hong Kong Exchanges and Clearing Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.88 75.57 76.96 69.25 77.20

Competitive Comparison of Hong Kong Exchanges and Clearing's Net Margin %

For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hong Kong Exchanges and Clearing's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hong Kong Exchanges and Clearing's Net Margin % falls into.



Hong Kong Exchanges and Clearing Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Hong Kong Exchanges and Clearing's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=11862/15445
=76.80 %

Hong Kong Exchanges and Clearing's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=2597/3750
=69.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hong Kong Exchanges and Clearing  (HKSE:00388) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Hong Kong Exchanges and Clearing Net Margin % Related Terms

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Hong Kong Exchanges and Clearing (HKSE:00388) Business Description

Traded in Other Exchanges
Address
8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Hong Kong Exchanges and Clearing (HKSE:00388) Headlines

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