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BOC Hong Kong (Holdings) Limited

BHKLY
70
Banks - Regional · Financial Services
Price
$132.07
+0.55 (+0.42%)
Market Cap
$69.82B
Exchange
Other OTC
Winston Score
70
Winston is happy
A high-quality business with solid fundamentals.
Data as of Sep 11, 2026 · filings through Jun 30, 2026

§How the score breaks down

Growth
Strong
Valuation
Good
Dividends
Good

§Winston Score History

The full picture

BOC Hong Kong (Holdings) Limited, an investment holding firm established in Central, Hong Kong in 1917, delivers a comprehensive array of banking and related financial solutions. It caters to both individual and corporate clients throughout Hong Kong, mainland China, and international markets. The company's operations are divided into four main divisions: Personal Banking, Corporate Banking, Treasury, and Insurance. Its extensive service offerings encompass a variety of deposit accounts, including savings, current, and time deposits. Lending products range from mortgage plans and personal and business loans to overdraft services. For corporate entities, the company provides specialized support such as payroll processing, corporate deposits, and E-cheque facilities. It also facilitates cross-border financial transactions and remittances for all customer types. Investment opportunities are robust, covering securities, funds, foreign exchange, precious metals, FX margin trading, bonds, and structured products. Furthermore, BOC Hong Kong offers diverse insurance policies, including business and accident protection, medical, travel, leisure, family, and personal life coverage. Additional amenities include safe deposit boxes, e-billing, payment services, wealth management, private banking, and a suite of digital banking, account opening, payment, collection, and cross-border services. The company functions as a subsidiary of BOC Hong Kong (BVI) Limited.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+114.3% YoY

YoY Growth Rate

Strong revenue growth

EPS Growth

+7.1% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

HK$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Cash Position

Cash flow positive

HK$4.5T cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Strong grower

BOC Hong Kong (Holdings) Limited is growing revenue at 114% year-over-year. The Winston Score penalises unprofitable companies, but revenue at this pace tells a different story — this is a company still in "build mode."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

0.0% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 528.6M (2021) → 528.6M (2025)

Score breakdown

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Bank Quality

Not applicable for this business.

Growth

Sales growth
Sales YoY
+666.1%
Fast-growing sales (+666.1% YoY)
Profit growth
EPS YoY
+3.4%
Modest earnings growth (+3.4% YoY)

Single-digit earnings growth — steady but not exciting.

How steady the profit is
EPS Consistency
7/8 quarters
Every recent quarter grew earnings vs last year

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Capital Strength

Not applicable for this business.

Asset Quality

Not applicable for this business.

Valuation

Price vs profit
P/E Ratio (TTM)
13.2x
Attractive valuation — P/E 13.2

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
+0.6
GROWING
Earnings roughly flat

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Dividends

Dividend
Dividend Yield
4.09%
Healthy income — 4.09% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record
Dividend Growth
-8.1%
Dividend cut (-8.1% YoY) — warning sign

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