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PCCW Limited logo

PCCW Limited

0008.HK

HKSECommunication ServicesTelecommunications Services

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Latest quote

HK$5.32

−HK$0.10 · -1.85%

Aug 24, 2:02 PM HKT

0008.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

PCCW Limited, founded in 1925 and headquartered in Quarry Bay, Hong Kong, operates as a global telecommunications and technology services provider across Hong Kong, mainland China, Singapore, and other international markets. Its diverse portfolio encompasses core telecommunications offerings like fixed-line, mobile, broadband internet, international connectivity, and advanced network and satellite solutions. Beyond foundational telecom, the company delivers a wide array of IT and business services, including outsourcing, consulting, system integration, software development, technical support, data analytics, cloud services, IoT solutions, and financial technology (fintech). PCCW is also a prominent media and content provider, offering free and pay television, interactive multimedia, broadcasting services, advertising sales for directories and digital platforms, and its popular Viu over-the-top video streaming service. Additionally, it engages in the sale and distribution of telecommunication equipment, mobile devices, and customer premises solutions. Further ventures include web services, data services, managing customer loyalty programs, and operating online merchandise sales and e-commerce initiatives.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
HK
CEO
Tzar Kai Li
Listed since
Jan 8, 2003
Employees
14,600

Market position

Day range

Current HK$5.32

52-week range

Current HK$5.32

Open
HK$5.41
Previous close
HK$5.42
Volume
5.1M
0.62× average
Average volume
8.21M
Average daily volume
Market cap
41.22B HKD
Beta
0.37
Market reference 1
50-day average
HK$5.5728
-4.54% below average
200-day average
HK$5.8249
-8.67% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
107.76B HKD
P/E (TTM)
-488.07×
P/B (TTM)
44.08×
P/S (TTM)
0.99×
EV / EBITDA
8.06×
Earnings yield
-0.06%
Free cash flow yield
18.54%
Dividend yield
3.67%

Profitability & efficiency

Gross margin
25.88%
Operating margin
12.69%
Net margin
0.50%
Return on equity
1.37%
Return on assets
-0.03%
Return on invested capital
5.26%

Financial health

Debt / equity
77.99×
Current ratio
0.62×
Altman Z-score
1.15
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends55%35%14%-6%Gross margin, FY2021: 50.01%Gross margin, FY2022: 50.33%Gross margin, FY2023: 50.16%Gross margin, FY2024: 49.07%Gross margin, FY2025: 27.34%Operating margin, FY2021: 12.71%Operating margin, FY2022: 12.50%Operating margin, FY2023: 14.42%Operating margin, FY2024: 15.23%Operating margin, FY2025: 14.04%Net margin, FY2021: 3.57%Net margin, FY2022: 1.09%Net margin, FY2023: -1.30%Net margin, FY2024: -0.18%Net margin, FY2025: -0.07%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 50.01%. Gross margin FY2022 50.33%. Gross margin FY2023 50.16%. Gross margin FY2024 49.07%. Gross margin FY2025 27.34%. Operating margin FY2021 12.71%. Operating margin FY2022 12.50%. Operating margin FY2023 14.42%. Operating margin FY2024 15.23%. Operating margin FY2025 14.04%. Net margin FY2021 3.57%. Net margin FY2022 1.09%. Net margin FY2023 -1.30%. Net margin FY2024 -0.18%. Net margin FY2025 -0.07%.

Income trends

Revenue

40.25B HKD+7.18%

Operating income

5.65B HKD-1.19%

Net income

−27M HKD+59.09%
Income trends across reported periods44.32B HKD28.04B HKD11.75B HKD−4.54B HKDRevenue, FY2021: 35.46B HKDRevenue, FY2022: 36.07B HKDRevenue, FY2023: 36.35B HKDRevenue, FY2024: 37.56B HKDRevenue, FY2025: 40.25B HKDOperating income, FY2021: 4.51B HKDOperating income, FY2022: 4.51B HKDOperating income, FY2023: 5.24B HKDOperating income, FY2024: 5.72B HKDOperating income, FY2025: 5.65B HKDNet income, FY2021: 1.27B HKDNet income, FY2022: 393M HKDNet income, FY2023: −471M HKDNet income, FY2024: −66M HKDNet income, FY2025: −27M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 35.46B HKD. Revenue FY2022 36.07B HKD. Revenue FY2023 36.35B HKD. Revenue FY2024 37.56B HKD. Revenue FY2025 40.25B HKD. Operating income FY2021 4.51B HKD. Operating income FY2022 4.51B HKD. Operating income FY2023 5.24B HKD. Operating income FY2024 5.72B HKD. Operating income FY2025 5.65B HKD. Net income FY2021 1.27B HKD. Net income FY2022 393M HKD. Net income FY2023 −471M HKD. Net income FY2024 −66M HKD. Net income FY2025 −27M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue40.25B HKD37.56B HKD36.35B HKD36.07B HKD35.46B HKD
Cost of goods sold29.25B HKD19.13B HKD18.12B HKD17.91B HKD21.27B HKD
Gross profit11.01B HKD18.43B HKD18.23B HKD18.15B HKD17.73B HKD
Selling, general, and administrative4.98B HKD4.88B HKD13.27B HKD4.5B HKD4.33B HKD
Operating expenses13.07B HKD12.71B HKD12.99B HKD13.5B HKD13.18B HKD
Interest income96M HKD133M HKD165M HKD101M HKD69M HKD
Interest expense2.38B HKD2.79B HKD2.6B HKD1.79B HKD1.48B HKD
Depreciation and amortization7.72B HKD5.74B HKD7.86B HKD7.72B HKD7.2B HKD
Operating income5.65B HKD5.72B HKD5.24B HKD4.51B HKD4.51B HKD
Net income−27M HKD−66M HKD−471M HKD393M HKD1.27B HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 0 misses, 1 met estimate
Average EPS surprise
0.00%
1 comparable report
Latest EPS result
-0.04

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.060.01-0.05-0.11Q1 '23No estimateQ3 '23No estimateQ1 '24No estimateQ3 '24MetQ1 '25No estimateQ3 '25No estimateQ1 '26No estimateQ3 '26No estimate
Q1 2023, reported Feb 24, 2023: actual -0.069, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 3, 2023: actual -0.063, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 23, 2024: actual 0.002, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Jul 26, 2024: actual -0.06, estimate -0.06, surprise 0.00%, Met estimate. Q1 2025, reported Feb 21, 2025: actual 0.021, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 1, 2025: actual -0.058, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 0.025, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 30, 2026: actual -0.036, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates39.45B31.36B23.27B15.18BQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24MissQ1 '25No estimateQ3 '25No estimateQ1 '26No estimateQ3 '26No estimate
Q1 2023, reported Feb 24, 2023: actual 19.33B HKD, estimate 37.73B HKD, surprise -48.78%, Miss. Q3 2023, reported Aug 3, 2023: actual 16.85B HKD, estimate 37.73B HKD, surprise -55.34%, Miss. Q1 2024, reported Feb 23, 2024: actual 19.5B HKD, estimate 37.78B HKD, surprise -48.39%, Miss. Q3 2024, reported Jul 26, 2024: actual 17.7B HKD, estimate 37.35B HKD, surprise -52.62%, Miss. Q1 2025, reported Feb 21, 2025: actual 19.86B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 1, 2025: actual 18.92B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 21.33B HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 30, 2026: actual 20.2B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.3825

2025 complete year+18.2% since 2021

2026 partial: HK$0.0977

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 13, 2026

HK$0.0977

Semi-Annual

Record Aug 14, 2026 · Payment Sep 4, 2026

Dividend

Ex-dividend Aug 15, 2025

HK$0.0977

Semi-Annual

Record Aug 18, 2025 · Payment Sep 5, 2025

Dividend

Ex-dividend May 19, 2025

HK$0.2848

Semi-Annual

Record May 20, 2025 · Payment Jun 20, 2025

Dividend

Ex-dividend Aug 9, 2024

HK$0.0977

Semi-Annual

Record Aug 12, 2024 · Payment Sep 4, 2024

Dividend

Ex-dividend Jun 3, 2024

HK$0.2848

Semi-Annual

Record Jun 4, 2024 · Payment Jun 21, 2024

Dividend

Ex-dividend Aug 17, 2023

HK$0.0977

Semi-Annual

Record Aug 18, 2023 · Payment Sep 6, 2023

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ETFs holding 0008.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Global X Hang Seng High Dividend Yield ETF (HKD) logoGlobal X Hang Seng High Dividend Yield ETF (HKD)3110.HK
Market value
117.22M
Weight
1.99%
AUM
5.93B HKD
Expense ratio
0.68%
Price / 1D
HK$31.78-0.50%
iShares International Select Dividend ETF logoiShares International Select Dividend ETFIDV
Market value
58.27M
Weight
0.67%
AUM
8.67B USD
Expense ratio
0.50%
Price / 1D
$45.09+0.33%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
44.58M
Weight
0.01%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
28.47M
Weight
0.01%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
22.21M
Weight
0.01%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.85+0.86%
First Trust Dow Jones Global Select Dividend Index Fund logoFirst Trust Dow Jones Global Select Dividend Index FundFGD
Market value
15.32M
Weight
0.95%
AUM
1.63B USD
Expense ratio
0.55%
Price / 1D
$35.68+0.59%
iShares MSCI EAFE Small-Cap ETF logoiShares MSCI EAFE Small-Cap ETFSCZ
Market value
9.6M
Weight
0.07%
AUM
13.28B USD
Expense ratio
0.40%
Price / 1D
$86.60+0.70%
Vanguard FTSE All-World ex-US ETF logoVanguard FTSE All-World ex-US ETFVEU
Market value
6.82M
Weight
0.01%
AUM
95.9B USD
Expense ratio
0.04%
Price / 1D
$85.69+0.82%

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