Hong Kong Exchanges & Clearing (388N) Ratios
Hong Kong Exchanges & Clearing Ratios
MX:388N's free cash flow for Q2 2026 was $0.00. For the 2026 fiscal year, MX:388N's free cash flow was increased by $0.00 and operating cash flow was $0.00. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 694.10 | 1.09 | 1.10 | 1.08 | 1.08 |
| Quick Ratio | 694.10 | 1.09 | 1.10 | 1.10 | 1.11 |
| Cash Ratio | 328.05 | 0.41 | 0.44 | 0.52 | 0.52 |
| Solvency Ratio | 0.04 | 0.04 | 0.05 | 0.03 | 0.04 |
| Operating Cash Flow Ratio | 40.75 | 0.04 | 0.04 | 0.04 | 0.04 |
| Short-Term Operating Cash Flow Coverage | 40.75 | 33.44 | 0.00 | 34.78 | 36.29 |
| Net Current Asset Value | $ -135.43B | $ 26.37B | $ 26.84B | $ 26.53B | $ 25.68B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Debt-to-Equity Ratio | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 |
| Debt-to-Capital Ratio | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 |
| Long-Term Debt-to-Capital Ratio | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 9.99 | 7.09 | 6.64 | 8.17 | 8.05 |
| Debt Service Coverage Ratio | 29.86 | 3.26 | 3.20 | 4.99 | 28.75 |
| Interest Coverage Ratio | 222.17 | 2.53 | 2.20 | 4.97 | 101.46 |
| Debt to Market Cap | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 1.57 | 6.04 | 6.08 | 3.63 | 2.08 |
| Net Debt to EBITDA | -7.92 | -5.99 | -5.92 | -11.81 | -10.95 |
| Profitability Margins | |||||
| Gross Profit Margin | 84.95% | 74.61% | 74.21% | 78.53% | 83.09% |
| EBIT Margin | 72.89% | 119.59% | 125.78% | 82.77% | 76.98% |
| EBITDA Margin | 78.26% | 127.67% | 135.12% | 91.39% | 83.93% |
| Operating Profit Margin | 73.14% | 85.78% | 86.66% | 69.25% | 76.60% |
| Pretax Profit Margin | 72.56% | 85.63% | 86.32% | 68.85% | 76.22% |
| Net Profit Margin | 60.88% | 75.23% | 76.80% | 59.51% | 64.38% |
| Continuous Operations Profit Margin | 61.17% | 75.84% | 77.57% | 59.61% | 64.19% |
| Net Income Per EBT | 83.91% | 87.86% | 88.97% | 86.44% | 84.46% |
| EBT Per EBIT | 99.20% | 99.83% | 99.60% | 99.43% | 99.50% |
| Return on Assets (ROA) | 3.06% | 3.42% | 3.48% | 2.48% | 3.14% |
| Return on Equity (ROE) | 30.53% | 24.23% | 23.10% | 20.27% | 25.26% |
| Return on Capital Employed (ROCE) | 3.68% | 26.06% | 24.48% | 22.08% | 27.96% |
| Return on Invested Capital (ROIC) | 3.09% | 22.82% | 21.89% | 18.86% | 23.27% |
| Return on Tangible Assets | 3.18% | 3.60% | 3.68% | 2.60% | 3.30% |
| Earnings Yield | 3.45% | 3.50% | 3.57% | 2.36% | 2.18% |
| Efficiency Ratios | |||||
| Receivables Turnover | 0.43 | 0.51 | 0.46 | 0.67 | 0.60 |
| Payables Turnover | 0.09 | 0.12 | 0.16 | 0.22 | 0.13 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | -0.59 | -0.39 |
| Fixed Asset Turnover | 5.88 | 6.48 | 5.09 | 5.22 | 5.56 |
| Asset Turnover | 0.05 | 0.05 | 0.05 | 0.04 | 0.05 |
| Working Capital Turnover Ratio | 0.14 | 0.59 | 0.52 | 0.58 | 0.67 |
| Cash Conversion Cycle | -2997.28 | -2282.86 | -1481.80 | -1713.68 | -3180.05 |
| Days of Sales Outstanding | 850.61 | 709.15 | 787.26 | 546.49 | 613.31 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | -620.08 | -941.44 |
| Days of Payables Outstanding | 3847.89 | 2992.01 | 2269.07 | 1640.09 | 2851.92 |
| Operating Cycle | 850.61 | 709.15 | 787.26 | -73.59 | -328.13 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 17.96 | 10.10 | 9.09 | 11.82 | 9.75 |
| Free Cash Flow Per Share | 16.59 | 8.83 | 7.99 | 10.80 | 8.91 |
| Dividend Paid and CapEx Coverage Ratio | 1.47 | 1.06 | 0.98 | 1.37 | 0.98 |
| Capital Expenditure Coverage Ratio | 13.10 | 7.96 | 8.30 | 11.65 | 11.53 |
| Operating Cash Flow Coverage Ratio | 12.03 | 7.32 | 7.17 | 6.69 | 4.97 |
| Operating Cash Flow to Sales Ratio | 0.78 | 0.74 | 0.74 | 0.88 | 0.63 |
| Free Cash Flow Yield | 4.07% | 3.00% | 3.05% | 3.20% | 1.96% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 29.01 | 28.57 | 27.99 | 42.34 | 45.97 |
| Price-to-Sales (P/S) Ratio | 17.67 | 21.49 | 21.50 | 25.20 | 29.60 |
| Price-to-Book (P/B) Ratio | 8.86 | 6.92 | 6.47 | 8.58 | 11.61 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 24.57 | 33.37 | 32.83 | 31.21 | 51.13 |
| Price-to-Operating Cash Flow Ratio | 22.70 | 29.18 | 28.87 | 28.53 | 46.70 |
| Price-to-Earnings Growth (PEG) Ratio | 0.80 | 2.82 | 1.58 | -2.15 | 5.24 |
| Enterprise Value Multiple | 14.65 | 10.84 | 9.99 | 15.77 | 24.32 |
| Enterprise Value | 334.32B | 240.15B | 208.55B | 243.99B | 397.40B |
| EV to EBITDA | 14.65 | 10.84 | 9.99 | 15.77 | 24.32 |
| EV to Sales | 11.46 | 13.84 | 13.50 | 14.41 | 20.41 |
| EV to Free Cash Flow | 15.95 | 21.50 | 20.62 | 17.85 | 35.26 |
| EV to Operating Cash Flow | 14.73 | 18.80 | 18.14 | 16.31 | 32.20 |
| Tangible Book Value Per Share | 28.84 | 27.52 | 25.70 | 24.60 | 24.45 |
| Shareholders’ Equity Per Share | 46.01 | 42.59 | 40.57 | 39.30 | 39.22 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.16 | 0.11 | 0.10 | 0.13 | 0.16 |
| Revenue Per Share | 23.07 | 13.72 | 12.21 | 13.38 | 15.39 |
| Net Income Per Share | 14.05 | 10.32 | 9.37 | 7.96 | 9.91 |
| Tax Burden | 0.84 | 0.88 | 0.89 | 0.86 | 0.84 |
| Interest Burden | 1.00 | 0.72 | 0.69 | 0.83 | 0.99 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.00 | 0.02 | 0.02 | 0.02 | 0.01 |
| Stock-Based Compensation to Revenue | 0.00 | 0.02 | 0.03 | 0.02 | 0.02 |
| Income Quality | 1.28 | 0.86 | 0.97 | 1.28 | 0.83 |
Currency in HKD