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Hong Kong Economic Times Holdings Limited logo

Hong Kong Economic Times Holdings Limited

0423.HK

HKSECommunication ServicesPublishing

Open in GoAI

Latest quote

HK$0.685

+HK$0.015 · +2.24%

Aug 24, 3:49 PM HKT

0423.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Hong Kong Economic Times Holdings Limited operates primarily in Hong Kong as a diversified multimedia enterprise and an investment holding company. Its operations are structured into two principal divisions: Media, and Financial News Agency, Information, and Solutions. The Media segment is involved in the printing and publication of newspapers, magazines, and books, in addition to managing digital platforms focusing on recruitment, finance, and lifestyle content. The Financial News Agency, Information, and Solutions segment delivers electronic data and solutions for the financial and property markets, providing subscription-based information services, customized solutions, and ongoing maintenance. Furthermore, the company offers recruitment advertising and training services, facilitates equities and derivatives trading, operates a dedicated computer software research and development center, manages an online health portal, and holds property assets. Established in 1988, the company's headquarters are located in North Point, Hong Kong.

Industry
Publishing
Sector
Communication Services
Headquarters
HK
CEO
Siu Por Fung
Listed since
Aug 3, 2005
Employees
958

Market position

52-week range

Current HK$0.685

Open
HK$0.685
Previous close
HK$0.67
Volume
10K
0.13× average
Average volume
76.9K
Average daily volume
Market cap
295.65M HKD
Beta
0.07
Market reference 1
50-day average
HK$0.6942
-1.33% below average
200-day average
HK$0.7544
-9.20% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
117.95M HKD
EV / EBITDA
-14.85×
Earnings yield
-12.76%
Free cash flow yield
-1.37%

Profitability & efficiency

Return on equity
-5.89%
Return on assets
-4.44%
Return on invested capital
-5.53%

Financial health

Current ratio
2.89×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends49%29%9%-11%Gross margin, FY2022: 44.25%Gross margin, FY2023: 41.33%Gross margin, FY2024: 40.26%Gross margin, FY2025: 41.89%Gross margin, FY2026: 43.56%Operating margin, FY2022: 4.78%Operating margin, FY2023: 0.03%Operating margin, FY2024: 7.94%Operating margin, FY2025: -5.92%Operating margin, FY2026: -5.98%Net margin, FY2022: 3.16%Net margin, FY2023: 2.68%Net margin, FY2024: 5.87%Net margin, FY2025: -4.44%Net margin, FY2026: -5.96%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 44.25%. Gross margin FY2023 41.33%. Gross margin FY2024 40.26%. Gross margin FY2025 41.89%. Gross margin FY2026 43.56%. Operating margin FY2022 4.78%. Operating margin FY2023 0.03%. Operating margin FY2024 7.94%. Operating margin FY2025 -5.92%. Operating margin FY2026 -5.98%. Net margin FY2022 3.16%. Net margin FY2023 2.68%. Net margin FY2024 5.87%. Net margin FY2025 -4.44%. Net margin FY2026 -5.96%.

Income trends

Revenue

720.68M HKD-10.33%

Operating income

−43.07M HKD+9.53%

Net income

−42.97M HKD-20.39%
Income trends across reported periods1.15B HKD716.23M HKD279.75M HKD−156.73M HKDRevenue, FY2022: 1.04B HKDRevenue, FY2023: 1.02B HKDRevenue, FY2024: 923.89M HKDRevenue, FY2025: 803.73M HKDRevenue, FY2026: 720.68M HKDOperating income, FY2022: 49.89M HKDOperating income, FY2023: 271K HKDOperating income, FY2024: 73.39M HKDOperating income, FY2025: −47.61M HKDOperating income, FY2026: −43.07M HKDNet income, FY2022: 33.02M HKDNet income, FY2023: 27.46M HKDNet income, FY2024: 54.22M HKDNet income, FY2025: −35.69M HKDNet income, FY2026: −42.97M HKDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 1.04B HKD. Revenue FY2023 1.02B HKD. Revenue FY2024 923.89M HKD. Revenue FY2025 803.73M HKD. Revenue FY2026 720.68M HKD. Operating income FY2022 49.89M HKD. Operating income FY2023 271K HKD. Operating income FY2024 73.39M HKD. Operating income FY2025 −47.61M HKD. Operating income FY2026 −43.07M HKD. Net income FY2022 33.02M HKD. Net income FY2023 27.46M HKD. Net income FY2024 54.22M HKD. Net income FY2025 −35.69M HKD. Net income FY2026 −42.97M HKD.
Metric (HKD)FY2026FY2025FY2024FY2023FY2022
Revenue720.68M HKD803.73M HKD923.89M HKD1.02B HKD1.04B HKD
Cost of goods sold406.74M HKD467.03M HKD551.91M HKD600.12M HKD581.79M HKD
Gross profit313.94M HKD336.7M HKD371.99M HKD422.81M HKD461.81M HKD
Selling, general, and administrative357.01M HKD379.69M HKD412.63M HKD422.54M HKD411.92M HKD
Operating expenses357.01M HKD384.31M HKD298.59M HKD422.54M HKD411.92M HKD
Interest income9.02M HKD15.83M HKD12.17M HKD6.14M HKD1.33M HKD
Interest expense258K HKD627K HKD283K HKD496K HKD211K HKD
Depreciation and amortization29.56M HKD30.43M HKD39.22M HKD40.88M HKD41.71M HKD
Operating income−43.07M HKD−47.61M HKD73.39M HKD271K HKD49.89M HKD
Net income−42.97M HKD−35.69M HKD54.22M HKD27.46M HKD33.02M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.210.1-0.01-0.12Q3 '21Q1 '22Q4 '22Q2 '23Q1 '24Q2 '24Q4 '24Q3 '25
Q3 2021, reported Sep 30, 2021: actual 0.054, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 0.023, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 21, 2022: actual 0.081, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 26, 2023: actual -0.018, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 25, 2024: actual -0.047, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 25, 2024: actual 0.173, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 25, 2024: actual -0.078, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual -0.055, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates544.06M477.21M410.36M343.51MQ3 '21Q1 '22Q4 '22Q2 '23Q1 '24Q2 '24Q4 '24Q3 '25
Q3 2021, reported Sep 30, 2021: actual 520.46M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 523.13M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 21, 2022: actual 515.23M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 26, 2023: actual 507.69M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 25, 2024: actual 483.1M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 25, 2024: actual 440.79M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 25, 2024: actual 407.66M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 364.44M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.08

2025 complete year-11.1% since 2021

2026 partial: HK$0.04

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 13, 2026

HK$0.04

Semi-Annual

Record Aug 14, 2026 · Payment Sep 4, 2026

Dividend

Ex-dividend Dec 4, 2025

HK$0.03

Semi-Annual

Record Dec 5, 2025 · Payment Dec 19, 2025

Dividend

Ex-dividend Aug 7, 2025

HK$0.05

Semi-Annual

Record Aug 8, 2025 · Payment Sep 5, 2025

Dividend

Ex-dividend Dec 9, 2024

HK$0.03

Irregular

Record Dec 10, 2024 · Payment Dec 20, 2024

Dividend

Ex-dividend Aug 8, 2024

HK$0.07

Semi-Annual

Record Aug 9, 2024 · Payment Sep 6, 2024

Dividend

Ex-dividend Dec 4, 2023

HK$0.03

Semi-Annual

Record Dec 5, 2023 · Payment Dec 21, 2023

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