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HKBN
(OTC:1310)
HKBN (1310) vs. iShares MSCI Hong Kong ETF (EWH)
HKBN Business Overview & Revenue Model
HKBN Financial Statement Overview
| Breakdown | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 10.65B | 11.69B | 11.63B | 11.46B | 9.45B |
| Gross Profit | 2.51B | 2.61B | 2.84B | 2.80B | 2.71B |
| EBITDA | 2.14B | 1.21B | 2.83B | 2.59B | 2.60B |
| Net Income | 10.28M | -1.27B | 553.32M | 206.87M | 97.17M |
Balance Sheet | |||||
| Total Assets | 17.67B | 18.15B | 20.43B | 21.77B | 22.12B |
| Cash, Cash Equivalents and Short-Term Investments | 1.22B | 1.03B | 1.21B | 1.42B | 716.97M |
| Total Debt | 11.47B | 11.49B | 11.73B | 11.78B | 11.11B |
| Total Liabilities | 15.11B | 15.10B | 15.50B | 16.23B | 15.66B |
| Stockholders Equity | 2.55B | 3.05B | 4.92B | 5.54B | 6.46B |
Cash Flow | |||||
| Free Cash Flow | 1.70B | 881.57M | 918.28M | 1.36B | 1.21B |
| Operating Cash Flow | 2.06B | 1.37B | 1.43B | 1.93B | 1.75B |
| Investing Cash Flow | -352.62M | -464.32M | -311.54M | -586.60M | -904.51M |
| Financing Cash Flow | -1.50B | -1.63B | -1.51B | -502.38M | -834.02M |
HKBN Technical Analysis
HKBN Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$5.09B | 10.59 | 9.25% | 6.96% | -0.35% | 86.29% | |
77 Outperform | HK$31.65B | 8.09 | 8.19% | 1.21% | -0.99% | -1.64% | |
73 Outperform | $9.40B | 10.33 | 8.46% | 9.50% | -4.15% | -26.13% | |
62 Neutral | HK$43.94B | ― | -14.69% | 6.78% | 3.33% | 36.39% | |
62 Neutral | $42.18B | -1.56 | -12.06% | 2.81% | 2.10% | -71.01% | |
58 Neutral | HK$5.30B | 916.67 | 0.06% | 6.87% | -2.33% | ― | |
50 Neutral | HK$7.38B | 56.26 | 8.30% | 6.40% | -2.02% | ― |
HKBN Corporate Events
China Mobile Hong Kong Company Limited has announced a progress update on its pre-conditional voluntary general cash offer to acquire all issued shares of HKBN Ltd., excluding those already owned by China Mobile and its affiliates. The offer is contingent upon satisfying certain pre-conditions, including regulatory approvals, which have mostly been obtained except for a few outstanding conditions. The company is actively engaging with the Communications Authority to meet these conditions and plans to update the market on key developments. The deadline for dispatching the Offer Document has been extended, with preparations underway to finalize the necessary information.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. has announced an update regarding the number of relevant securities following the cancellation of 1,879 unvested restricted share units due to an employee’s cessation of employment. This update is part of the ongoing developments related to the pre-conditional voluntary general cash offer by China Mobile to acquire all issued shares of HKBN. The announcement also reminds associates to disclose their dealings in relevant securities under the Takeovers Code, highlighting the potential impact on stakeholders as the offer’s completion is contingent upon certain conditions being met.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. announced the cancellation of 27,849 unvested restricted share units due to an employee’s departure, affecting the company’s securities structure. This update is part of the ongoing developments related to the potential acquisition offer by China Mobile Hong Kong Company Limited, which remains subject to pre-conditions and may not necessarily proceed. The announcement also reminds associates and intermediaries of their disclosure obligations under the Takeovers Code, highlighting the regulatory compliance required during such acquisition processes.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. announced the end of the offer period for a potential acquisition by I Squared Asia Advisors Pte Ltd., as the latter decided not to proceed with acquiring 100% of HKBN’s outstanding shares. This decision impacts HKBN’s immediate market positioning, as no new offers or acquisitions can be initiated by I Squared Asia or its associates for at least six months, according to the Takeovers Code.
The most recent analyst rating on (HK:1310) stock is a Buy with a HK$3.30 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
China Mobile Hong Kong Company Limited has announced that it has received approval from the Ministry of Commerce for its pre-conditional voluntary general cash offer to acquire all issued shares of HKBN Ltd., excluding those already owned by it and its concert parties. This approval marks the fulfillment of all regulatory requirements, with only a few pre-conditions remaining outstanding. The acquisition is expected to impact HKBN’s operations and market positioning, as further announcements will be made regarding the status of the offers and the dispatch of the offer document.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. has announced the appointment of Mr. Chu Kwong Yeung and Ms. Ming Ming Anna Cheung to its Nomination Committee, effective June 26, 2025. This change, along with revisions to the committee’s terms of reference to align with the updated Corporate Governance Code, aims to enhance the company’s governance effectiveness and diversity, potentially strengthening its market position and stakeholder confidence.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. has announced the composition of its board of directors, highlighting the roles and functions of each member. The board, led by Chairman and Independent Non-executive Director Ms. Cordelia Chung, has established five committees to oversee various aspects of corporate governance, including audit, nomination, remuneration, environmental, social and governance, and risk management. This structure aims to enhance the company’s governance and strategic oversight, potentially impacting its operational efficiency and stakeholder confidence.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. has outlined the terms of reference for its Nomination Committee, which was established by the Board in 2015. The committee is responsible for nominating directors and ensuring compliance with listing rules. It consists of at least three members, primarily independent non-executive directors, and meets at least once a year. The committee is authorized to seek information from employees and obtain external professional advice as needed, ensuring it has the resources to fulfill its duties effectively.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
China Mobile Hong Kong Company Limited, through its financial adviser China International Capital Corporation Hong Kong Securities Limited, has announced a pre-conditional voluntary general cash offer to acquire all issued shares of HKBN Ltd. that are not already owned by it. The offer has received approval from the National Development and Reform Commission, marking a significant step forward in the acquisition process. However, other pre-conditions, including approval from the Ministry of Commerce, remain pending. The company will provide further updates as the process progresses.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. has established an independent board committee to evaluate a potential acquisition offer from China Mobile Hong Kong Company Limited. The committee, which excludes directors with potential conflicts of interest, will assess the fairness of the offer. Additionally, Somerley Capital Limited has been appointed as the independent financial adviser to provide guidance on the offer’s acceptance. The outcome of this evaluation could significantly impact HKBN’s market positioning and shareholder value, as the offer is contingent on certain pre-conditions and may not be completed.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
China Mobile Hong Kong Company Limited, through China International Capital Corporation Hong Kong Securities Limited, is progressing with its pre-conditional voluntary general cash offer to acquire all issued shares of HKBN Ltd., excluding those already owned by the company and its associates. The company has made significant progress by obtaining approval from the State-Owned Assets Supervision and Administration Commission and engaging with other relevant PRC regulatory authorities. Additionally, it has proposed commitments to the Communications Authority to address concerns, which the CA considers sufficient, marking a significant step towards satisfying the pre-conditions for the offer.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. announced an update regarding its securities, noting the cancellation of 257,984 unvested restricted share units due to employee departures. This announcement is part of ongoing developments related to a potential takeover offer by China Mobile Hong Kong Company Limited, which has yet to be finalized and remains subject to certain conditions. Stakeholders are advised to stay informed about disclosure obligations related to the company’s securities under the Takeovers Code.
The most recent analyst rating on (HK:1310) stock is a Buy with a HK$3.30 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. has announced an update regarding a potential separate offer involving I Squared Asia Advisors Pte Ltd. Discussions and evaluations are ongoing, and no definitive agreement has been reached. The outcome of these negotiations could impact HKBN’s market positioning and operations, but there is no assurance that an offer will be made. Stakeholders are advised to exercise caution as the process unfolds.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
China Mobile Hong Kong Company Limited has announced a pre-conditional voluntary general cash offer to acquire all issued shares in HKBN Ltd., excluding those already owned by China Mobile and its affiliates. The offer price has been confirmed at HK$5.075 per share, adjusted for the interim dividend declared by HKBN, while the 2024 final dividend will not affect the offer price. This acquisition move by China Mobile is significant as it could potentially reshape its market position and influence stakeholders by consolidating its presence in the telecommunications industry.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. has announced updates related to the potential acquisition by China Mobile Hong Kong Company Limited, which involves a pre-conditional voluntary general cash offer. The announcement highlights the cancellation of certain unvested restricted share units due to an employee resignation and reminds associates to disclose dealings in relevant securities. The outcome of the China Mobile offer remains uncertain as it is contingent upon the fulfillment of specific pre-conditions and conditions.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
HKBN Ltd. announced the resignation of Mr. Zubin Jamshed Irani as a Non-executive Director and member of the audit and remuneration committees, effective May 13, 2025. This follows the sale of shares by TPG to China Mobile Hong Kong Company Limited, resulting in TPG ceasing to hold any interest in HKBN. The company has appointed Ms. Ming Ming Anna Cheung as a new member of the Audit Committee. This change reflects the ongoing shift in the company’s shareholder structure and board composition, potentially impacting its strategic direction and governance.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
China Mobile Hong Kong Company Limited is progressing with a pre-conditional voluntary general cash offer to acquire all issued shares of HKBN Ltd., not already owned by them, through China International Capital Corporation Hong Kong Securities Limited. The company has received approval from the State-Owned Assets Supervision and Administration Commission and is actively engaging with relevant authorities to satisfy pre-conditions for the offer. The deadline for the offer document dispatch has been extended, and the company is finalizing the necessary information for its release.
China Mobile Hong Kong Company Limited has completed the acquisition of shares in HKBN Ltd., marking a significant step in its strategic expansion. The transaction, finalized on May 7, 2025, results in China Mobile Hong Kong and its affiliates holding approximately 15.46% of HKBN’s total issued share capital, potentially impacting the competitive landscape and stakeholder interests in the telecommunications sector.
HKBN Ltd. has announced an ongoing evaluation of a Possible Separate Offer involving discussions with I Squared Asia Advisors Pte Ltd. and HGC Global Communications Limited. The company has not yet reached any definitive agreement, and any potential offer will depend on internal approvals. Monthly updates will be provided as required under the Takeovers Code, and stakeholders are advised to exercise caution as there is no assurance of an offer being made.