Employees: 340
Size HashKey (3887.HK) is a Hong Kong Financials company (Investment Managers) with a market value of $660M, the 692nd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.89 on 6 Nov 2026.
Performance Over six months the shares fell 55.8%, against -3.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 33.5% over the last twelve months (peer median +7.9%); the operating margin is -130.1% (peer median 59.1%).
Valuation It trades at 2.16× book value against a peer median of 0.89× (4th most expensive of 21).
Price implies The share price implies a return on equity of about 26.5%; HashKey delivers -311.1%, so the price asks more than the business earns today.
Next results Next results expected around 29 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$844M | HK$758M | HK$734M | HK$192M | HK$180M |
| Revenue growth | — | +3% | +283% | +7% | — |
| Gross profit | HK$449M | HK$399M | HK$515M | HK$150M | HK$151M |
| EBITDA | -HK$1.05B | -HK$798M | -HK$977M | -HK$476M | -HK$524M |
| Net income | -HK$1.27B | -HK$1.09B | -HK$1.19B | -HK$580M | -HK$585M |
| Free cash flow | -HK$928M | -HK$629M | -HK$190M | -HK$241M | -HK$239M |
| Capital expenditure | HK$1.61M | HK$3.51M | HK$5.62M | HK$16.0M | HK$8.05M |
| Total debt | n/a | HK$603M | HK$2.05B | HK$1.61B | HK$893M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 3887.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.2% | 0.0% | 2nd lowest of 21 |
| 6-month return | -55.8% | -3.8% | lowest of 21 |
| Return on equity | -311.1% | 11.8% | lowest of 21 |
| Price / book | 2.16× | 0.89× | 4th most expensive of 21 |
| ROE the price implies | 26.5% | 7.8% | 2nd most demanding of 21 |
| ROE delivered | -311.1% | 11.8% | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| HashKey 3887.HK | Hong Kong | $660M | -56% | +34% | -311% | 2.16× | 26.5% | -311.1% |
| MA Financial MAF.AX | Australia | $661M | -23% | +42% | 4% | 1.82× | 24.6% | 4.5% |
| AGF Management AGF-B.TO | Canada | $662M | -13% | +12% | 12% | 0.74× | 8.3% | 11.6% |
| Regal Partners RPL.AX | Australia | $626M | -15% | +97% | 22% | 0.91× | 16.1% | 21.6% |
| Liberty Financial LFG.AX | Australia | $705M | +3% | -3% | 12% | 0.86× | 7.7% | 12.1% |
| Evli EVLI.HE | Finland | $614M | -7% | +13% | 27% | 3.65× | 16.9% | 26.7% |
| Investment AB Oresund ORES.ST | Sweden | $712M | +8% | -8% | 23% | 1.18× | 7.7% | 23.3% |
| JAFCO 8595.T | Japan | $713M | -1% | -38% | 5% | 0.83× | 5.5% | 4.5% |
| Pollen Street POLN.L | United Kingdom | $741M | +11% | -5% | 8% | 0.94× | 6.6% | 8.3% |
| Qualitas QAL.AX | Australia | $572M | -3% | +12% | 11% | 2.03× | 16.5% | 10.7% |
| Mutares SE & Co. KGaA MUX.DE | Germany | $769M | +2% | +17% | -23% | 0.85× | 6.3% | -22.6% |
| Vinci Compass Investments VINP | United States | $564M | -21% | +38% | 12% | 1.43× | 7.8% | 12.5% |
| Alaris Equity Partners Income Trust Trust Units Reg S 3c7 AD-UN.TO | Canada | $780M | -5% | +4% | 6% | 0.87× | 9.7% | 6.3% |
| Tatton Asset Management TAM.L | United Kingdom | $545M | +8% | +20% | 36% | 7.37× | 54.2% | 35.7% |
| Yangzijiang Financial YF8.SI | Singapore | $545M | -22% | -74% | -5% | 0.38× | 3.1% | -5.2% |
| Clairvest CVG.TO | Canada | $808M | +15% | -94% | 11% | 0.86× | 4.9% | 10.7% |
| Institut de Developpement Industriel SCA IDIP.PA | France | $537M | -8% | -12% | 14% | 0.61× | 6.1% | 13.7% |
| SBI Global Asset Management 4765.T | Japan | $535M | +2% | +263% | 19% | 2.45× | 11.8% | 19.3% |
| Kayne Anderson BDC KBDC | United States | $820M | -17% | -3% | 7% | 0.78× | 6.2% | 6.7% |
| Integral 5842.T | Japan | $530M | -31% | -18% | 20% | 1.22× | 12.3% | 20.4% |
| Hansa Investment HAN.L | United Kingdom | $830M | +12% | +27% | 18% | 0.65× | 5.5% | 18.1% |