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    Communications

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    Major telecommunications
HKBN Ltd.

HKBN Ltd.

HHKEX:1310
5.61
HKD
+0.01
(+0.09%)
10.90BMarket Cap
Oct 27Next Earn
HKBN Ltd.
HKEX:1310
(Hong Kong Exchange)

Recent

price

5.61

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
HKD
2.13
2.34
2.78
3.23
3.94
4.61
7.21
8.75
8.87
8.92
8.13
8.49
- -
Revenue per Share
0.05
0.1
0.24
0.17
0.4
0.19
0.07
0.16
0.42
-0.97
0.01
0.16
- -
Basic EPS, GAAP
0.53
0.33
0.53
0.5
0.64
0.85
1.25
1.36
1.03
1.14
1.29
1.07
- -
Free Cash Flow per Basic Share
- -
0.23
0.4
0.42
0.49
0.73
0.82
0.87
0.78
0.45
0.39
0.36
- -
Dividend per Share
1.64
1.51
1.36
1.12
1.03
5.69
4.93
4.22
3.75
2.33
1.95
1.55
1.43
Book Value per Share
-1.39
-1.4
-1.95
-2.24
-2.21
-4.55
-5.15
-5.4
-5.56
-5.75
-5.82
-5.1
-5.11
Tangible Book Value per Share
1,000
1,000
1,000
1,001
1,002
1,107
1,311
1,311
1,311
1,311
1,311
1,311
1,472
Basic Weighted Avg Shares
2,132
2,341
2,784
3,232
3,949
5,108
9,453
11,464
11,626
11,692
10,651
11,129
- -
Sales/Revenue/Turnover
14.1
18.5
16.54
16.15
16.31
12.89
6.77
7.48
8.4
6.49
8.46
9.21
- -
Operating Margin (%)
552
476
506
578
598
883
1,691
1,568
1,409
1,328
1,249
1,195
- -
Depreciation Expense
54
104
245
171
397
215
97
207
553
-1,267
10
207
- -
Net Income, GAAP
49.02
45.08
26.86
33.46
18.88
30.66
- -
36.4
22.31
- -
64.71
4.16
- -
Effective Tax Rate (%)
2.51
4.45
8.79
5.29
10.05
4.2
1.03
1.8
4.76
-10.84
0.1
1.86
- -
Profit Margin (%)
166
139
- -
115
46
2
-1,719
-248
-88
-280
-171
-4,272
-81
Working Capital
2,994
3,019
3,721
3,831
3,874
9,623
9,566
11,137
11,295
11,057
11,054
6,893
10,959
LT Debt
1,643
1,514
1,363
1,129
1,037
7,457
6,460
5,538
4,924
3,051
2,554
2,286
2,118
Total Equity
- -
3.98
6.84
5.88
9.44
3.56
- -
2.58
4.61
- -
2.26
6.61
- -
Return on Invested Capital (%)
- -
3.94
7
5
10.12
3.51
- -
2.29
4.76
- -
2.19
6.15
- -
Return on Capital (%)
- -
6.61
17.01
13.73
36.65
5.05
1.4
3.45
10.58
-31.78
0.37
8.55
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Feb'25
Aug'25
Feb'26
ST Debt
5,587
4,385
296
LT Borrowings
5,491
6,646
10,774
LT Finance Leases
292
247
184
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,312
1,479
1,479
Market Capitalization
6,624
7,469
10,900

Working Capital

HKD

•

in mil. unless spec.
Feb'25
Aug'25
Feb'26
Total Current Assets
3,062
3,067
3,003
Cash, Cash Equivalents & STI
1,078
1,192
995
Accounts Receivable, Net
1,049
976
1,049
Inventories
110
93
135
Total Current Liabilities
8,419
7,338
3,085
Payables & Accruals
- -
- -
- -
ST Debt
5,587
4,385
296
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
48.02%
-18.04%
-10.51%
Free Cash Flow
19.45%
-1.72%
-17.42%
Net Income, GAAP
189.93%
352.68%
1,912.88%
Sales/Revenue/Turnover
19.04%
3.77%
4.48%
Total Cash Common Dividend
12.58%
-13.63%
-8.57%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
10,651
2025
- -
- -
11,129
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
0.16
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.39
2025
- -
- -
0.36
2026
- -
- -
- -
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Business
HKBN Ltd. HKBN Ltd. (1310.HK), an investment holding company, provides fixed telecommunications network services, international telecommunications, mobile services, and integrated information and communications technology (ICT) solutions to residential and enterprise customers primarily in Hong Kong, Mainland China, and Macao. The company offers fibre broadband connectivity including Hong Kong's first 25Gbps enterprise and residential services launched in collaboration with Nokia; data connectivity and cloud solutions; managed Wi-Fi with home network security, parental controls, and hybrid work tools; system integration and cybersecurity services such as household protection and enterprise ransomware defenses; voice telephony, collaboration platforms, and music streaming; IT-as-a-Service packages like IT- Simplified, AegisConnect, OFFICE-IN-A-BOX, and SHOP-IN-A-BOX; mobile services under the N mobile travel and lifestyle brand supported by China Mobile Hong Kong, SmarTone, and 3HK with enhanced roaming via Global SIM; enterprise digital transformation including roaming solutions and stationery supplies; and additional offerings in home insurance, healthcare, e-Commerce, OTT entertainment, data processing, property investment, telecommunication infrastructure, administrative support, Wi-Fi installation, internet access, security devices, technology consultancy, and distribution of computer hardware, software, and office automation products. Founded in 1992 and headquartered at Tower 1, The Quayside, 19/F, Kwun Tong, Kowloon, Hong Kong, HKBN operates as one of the largest residential and enterprise broadband providers in the region with a focus on integrated telecom and technology solutions across the Greater Bay Area. Recent developments include a 14.76% stake acquisition by China Mobile International Holdings via GBA Investment for HK$1.08 billion in August 2025 to support GBA integration and network expansion; strategic partnerships such as with Lark in October 2025 for AI-powered enterprise productivity tools, H3C in October 2025 as exclusive channel for Aolynk networking products targeting SMEs in Hong Kong and Macao, River Security in October 2025 for cybersecurity enhancements, and Beijing Research Institute of Telemetry in October 2025 for low-altitude economy and smart city initiatives; a pursuit of HK$4 billion refinancing loan in August 2025 ahead of a potential buyout; achievement of a business turnaround with strong EBITDA growth in FY2025 annual results announced in October 2025; and the launch of the HKBN InnoTech Ecosystem Alliance alongside sustained investments exceeding HK$11 billion in network infrastructure.