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BOC Hong Kong (Holdings) (2388) Ratios
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BOC Hong Kong (Holdings) Ratios
HK:2388's free cash flow for Q2 2026 was HK$8.35B. For the 2026 fiscal year, HK:2388's free cash flow was decreased by HK$-476.00M and operating cash flow was HK$8.82B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.24 | 0.26 | 0.41 | 0.45 | 0.42 |
| Quick Ratio | 0.24 | 0.26 | 0.65 | 0.66 | 0.65 |
| Cash Ratio | 0.20 | 0.21 | 0.22 | 0.20 | 0.21 |
| Solvency Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Operating Cash Flow Ratio | -0.03 | 0.00 | 0.04 | 0.08 | 0.02 |
| Short-Term Operating Cash Flow Coverage | -0.14 | 0.00 | 0.12 | 0.26 | 0.15 |
| Net Current Asset Value | HK$ -3.32T | HK$ -3.01T | HK$ -2.76T | HK$ -2.56T | HK$ -2.56T |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.15 | 0.02 | 0.17 | 0.17 | 0.20 |
| Debt-to-Equity Ratio | 1.91 | 0.23 | 2.09 | 1.95 | 2.40 |
| Debt-to-Capital Ratio | 0.66 | 0.19 | 0.68 | 0.66 | 0.71 |
| Long-Term Debt-to-Capital Ratio | 0.18 | 0.19 | 0.19 | 0.24 | 0.59 |
| Financial Leverage Ratio | 12.52 | 12.38 | 12.08 | 11.40 | 12.21 |
| Debt Service Coverage Ratio | 0.07 | 0.06 | 0.06 | 0.06 | 0.10 |
| Interest Coverage Ratio | 0.72 | 0.60 | 0.55 | 1.39 | 3.64 |
| Debt to Market Cap | 1.64 | 2.50 | 3.04 | 2.24 | 2.65 |
| Interest Debt Per Share | 71.23 | 15.68 | 70.63 | 61.97 | 68.56 |
| Net Debt to EBITDA | 0.15 | -12.18 | 5.70 | 7.01 | 9.75 |
| Profitability Margins | |||||
| Gross Profit Margin | 129.38% | 100.00% | 257.64% | 100.00% | 60.93% |
| EBIT Margin | 70.68% | -3.99% | 69.56% | 67.13% | 39.69% |
| EBITDA Margin | 74.66% | 69.07% | 74.50% | 72.92% | 43.65% |
| Operating Profit Margin | 70.68% | 72.67% | 71.93% | 67.13% | 39.59% |
| Pretax Profit Margin | 70.68% | 65.08% | 69.16% | 63.94% | 38.99% |
| Net Profit Margin | 58.38% | 53.22% | 55.31% | 52.69% | 31.68% |
| Continuous Operations Profit Margin | 59.93% | 54.45% | 58.92% | 52.50% | 32.52% |
| Net Income Per EBT | 82.60% | 81.77% | 79.98% | 82.41% | 81.25% |
| EBT Per EBIT | 100.00% | 89.55% | 96.15% | 95.24% | 98.49% |
| Return on Assets (ROA) | 0.89% | 0.91% | 0.85% | 0.74% | 0.67% |
| Return on Equity (ROE) | 11.19% | 11.29% | 10.22% | 8.45% | 8.17% |
| Return on Capital Employed (ROCE) | 4.49% | 5.42% | 2.15% | 1.87% | 1.70% |
| Return on Invested Capital (ROIC) | 2.45% | 2.83% | 1.41% | 1.19% | 1.22% |
| Return on Tangible Assets | 0.89% | 0.91% | 0.85% | 0.74% | 0.67% |
| Earnings Yield | 9.63% | 14.49% | 14.88% | 9.72% | 9.01% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4295.50 | 1.25 | 1.62 | 1.77 | 1.85 |
| Payables Turnover | 0.68 | 0.57 | -1.13 | 0.37 | 0.10 |
| Inventory Turnover | 0.00 | 0.00 | 0.21 | -0.06 | -0.02 |
| Fixed Asset Turnover | 2.04 | 1.88 | 1.42 | 1.17 | 1.66 |
| Asset Turnover | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 |
| Working Capital Turnover Ratio | -0.03 | -0.04 | -0.06 | -0.05 | -0.06 |
| Cash Conversion Cycle | -535.56 | -353.35 | 2328.03 | -6525.29 | -22160.51 |
| Days of Sales Outstanding | 0.08 | 292.48 | 226.00 | 206.73 | 196.87 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 1779.51 | -5752.65 | -18816.13 |
| Days of Payables Outstanding | 535.65 | 645.83 | -322.52 | 979.37 | 3541.25 |
| Operating Cycle | 0.08 | 292.48 | 2005.51 | -5545.92 | -18619.26 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -8.24 | 0.18 | 6.60 | 13.06 | 4.10 |
| Free Cash Flow Per Share | -8.38 | -0.03 | 6.56 | 12.94 | 3.99 |
| Dividend Paid and CapEx Coverage Ratio | -3.39 | 0.09 | 4.48 | 10.46 | 2.77 |
| Capital Expenditure Coverage Ratio | -57.86 | 0.85 | 179.76 | 110.13 | 37.23 |
| Operating Cash Flow Coverage Ratio | -0.13 | 0.02 | 0.10 | 0.22 | 0.06 |
| Operating Cash Flow to Sales Ratio | -1.27 | 0.03 | 1.18 | 2.66 | 0.56 |
| Free Cash Flow Yield | -21.26% | -0.12% | 31.54% | 48.66% | 15.63% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 10.40 | 6.90 | 6.72 | 10.29 | 11.09 |
| Price-to-Sales (P/S) Ratio | 6.06 | 3.67 | 3.72 | 5.42 | 3.51 |
| Price-to-Book (P/B) Ratio | 1.16 | 0.78 | 0.69 | 0.87 | 0.91 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -4.70 | -816.69 | 3.17 | 2.06 | 6.40 |
| Price-to-Operating Cash Flow Ratio | -4.79 | 140.69 | 3.15 | 2.04 | 6.23 |
| Price-to-Earnings Growth (PEG) Ratio | 2.21 | 0.41 | 0.25 | 0.80 | -0.82 |
| Enterprise Value Multiple | 8.27 | -6.86 | 10.69 | 14.45 | 17.81 |
| Enterprise Value | 424.32B | -340.53B | 471.11B | 546.50B | 597.31B |
| EV to EBITDA | 8.27 | -6.86 | 10.69 | 14.45 | 17.81 |
| EV to Sales | 6.17 | -4.74 | 7.96 | 10.54 | 7.77 |
| EV to Free Cash Flow | -4.79 | 1054.29 | 6.79 | 3.99 | 14.15 |
| EV to Operating Cash Flow | -4.87 | -181.62 | 6.75 | 3.96 | 13.77 |
| Tangible Book Value Per Share | 34.14 | 32.13 | 30.37 | 28.96 | 28.56 |
| Shareholders’ Equity Per Share | 33.91 | 32.04 | 30.28 | 30.58 | 28.19 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.15 | 0.16 | 0.15 | 0.18 | 0.17 |
| Revenue Per Share | 6.50 | 6.80 | 5.60 | 4.91 | 7.27 |
| Net Income Per Share | 3.79 | 3.62 | 3.10 | 2.58 | 2.30 |
| Tax Burden | 0.83 | 0.82 | 0.80 | 0.82 | 0.81 |
| Interest Burden | 1.00 | -16.31 | 0.99 | 0.95 | 0.98 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.24 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | -1.72 | 0.04 | 2.04 | 5.10 | 1.89 |
Currency in HKD
