Getting the currently selected color as a hexadecimal value on a ColorPicker control in Flash using ActionScript 3.0

// ActionScript 3.0
/* Requires:
 * - ColorPicker control in Flash library
 * - Label control in Flash library
 */
import fl.controls.ColorPicker;
import fl.controls.Label;
import fl.events.ColorPickerEvent;
 
var colorPicker:ColorPicker = new ColorPicker();
colorPicker.addEventListener(ColorPickerEvent.CHANGE, colorPicker_change);
colorPicker.move(10, 10);
addChild(colorPicker);
 
var lbl:Label = new Label();
lbl.text = colorPicker.hexValue;
lbl.move(10, 40);
addChild(lbl);
 
function colorPicker_change(evt:ColorPickerEvent):void {
    lbl.text = colorPicker.hexValue; // ff0000
}