YOLFTbeta
MGM China Holdings Limited

MGM China Holdings Limited

M04 · F · Consumer Cyclical / Resorts & Casinos

1.15EUR+0.02 (+1.77%)

Price History

Full chart

Market Stats

Previous Close1.13
Open1.15
Day Range1.15 – 1.15
52-Week Range1.02 – 1.75
Volume0
Market Cap3.91B
P/E (TTM)7.36
Forward P/E7.65
EPS0.14
Dividend Yield6.43%
Beta1.00
50-Day Avg1.11
200-Day Avg1.21

About

MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau. It owns and operates MGM Macau, an integrated resort that includes a casino with slot machines, gaming tables, multiple VIP, and private gaming areas; a hotel with rooms, suites, and villas; and amenities, including restaurants, retail outlets, pool, and spa facilities, as well as a convention space and museum. The company also owns MGM COTAI, a resort that consists of a casino with slot machines and gaming tables; hotel with rooms, suites, and skylofts; restaurants and bars; retail outlets; and meeting space, as well as other non-gaming offerings. In addition, it is involved in the provision of outsourcing services, including information technology, accounting, human resources, hotel reservation, and convention consultation. The company was incorporated in 2010 and is headquartered in Macau. MGM China Holdings Limited operates as a subsidiary of MGM Resorts International Holdings, Ltd,

Company Details

  • SectorConsumer Cyclical
  • IndustryResorts & Casinos
  • CEOMr. Xiaofeng Feng
  • Employees13.90K
  • HeadquartersMGM Macau, Macau, Macau, Germany
  • Websitehttps://cn.mgmchinaholdings.com

Leadership

  • Dr. Chiu King Ho J.P.Executive Chairperson · b. 1963
  • Mr. William Joseph Hornbuckle IVExecutive Co-Chairperson · b. 1958
  • Mr. Xiaofeng FengCEO, President & Executive Director · b. 1971
  • Ms. Jeny LauCFO & Executive Director · b. 1959
  • Mr. John M. McManus Esq.Executive Director · b. 1967
  • Mr. Zhi Qi WangPresident & COO · b. 1967
  • Mr. Antonio Jose Ferreira De Castro Dos Santos MenanoCompany Secretary, Executive VP of Legal & General Counsel · b. 1963
  • Ms. Yuen Ying YuExecutive Vice President of Human Resources · b. 1968
  • Mr. Han TianExecutive Vice President of Gaming Operations & Strategic Marketing · b. 1980
  • Dr. Iwan DietschiSenior Vice President of Hospitality · b. 1966

Financials

Income Statement

Currency: HKD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue25.45B17.17B14.91B15.36B19.20B22.77B5.10B9.41B5.27B24.68B31.39B34.79B
Growth (%)--32.54%-13.18%+3.01%+25.04%+18.56%-77.61%+84.67%-44.02%+368.52%+27.15%+10.83%
Cost of Revenue2.41B2.37B10.24B10.78B13.69B15.41B5.70B7.83B5.69B15.40B19.52B21.76B
Gross Profit23.04B14.80B4.67B4.58B5.51B7.35B-605.36M1.58B-419.99M9.28B11.87B13.03B
Gross Margin90.52%86.19%31.30%29.83%28.68%32.30%-11.88%16.76%-7.97%37.61%37.81%37.45%
Operating Expense17.26B11.49B1.57B1.91B3.88B4.37B3.52B3.91B3.18B4.71B5.66B6.27B
Operating Income5.78B3.31B3.10B2.67B1.63B2.98B-4.12B-2.33B-3.60B4.57B6.21B6.76B
Operating Margin22.71%19.29%20.78%17.38%8.49%13.08%-80.87%-24.75%-68.26%18.51%19.79%19.43%
EBITDA---3.27B3.44B5.40B-1.69B-400.20M-1.65B6.30B7.92B8.54B
EBITDA Margin---21.28%17.92%23.74%-33.24%-4.25%-31.33%25.51%25.24%24.54%
Net Income5.71B3.11B3.04B2.32B1.07B1.93B-5.20B-3.85B-5.23B2.64B4.60B5.07B
Net Income Margin22.42%18.13%20.37%15.11%5.56%8.48%-102.07%-40.87%-99.30%10.69%14.67%14.59%
Interest Expense0000516.72M898.29M1.03B1.27B1.53B1.73B1.40B1.26B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%2.69%3.95%20.21%13.50%29.08%6.99%4.47%3.62%

Balance Sheet

Currency: HKD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets16.83B21.95B27.08B36.61B35.13B32.51B29.67B28.44B31.21B29.18B30.60B29.67B
Total Liabilities10.49B17.04B19.86B28.09B26.19B22.05B24.65B27.24B35.21B30.51B30.08B26.43B
Total Equity6.34B4.92B7.22B8.51B8.95B10.46B5.02B1.20B-4.00B-1.33B527.53M3.25B
Cash4.23B5.42B3.55B5.28B3.99B3.27B2.64B3.11B6.71B4.23B5.32B4.40B
Net Debt---12.56B14.88B13.33B18.52B20.82B26.02B19.87B17.60B14.56B

Cash Flow

Currency: HKD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.20B3.21B2.76B7.16B2.16B4.33B-2.97B-449.61M-2.11B8.27B8.27B8.74B
Investing Cash Flow-2.75B-4.58B-6.27B-6.77B-2.92B-1.33B-831.96M-518.49M-1.32B---
Financing Cash Flow-6.10B2.56B1.64B1.35B-532.93M-3.73B3.16B1.44B----
Capital Expenditure2.51B4.34B6.25B6.66B2.90B1.12B838.80M527.72M291.50M354.65M1.20B1.57B
Free Cash Flow---384.83M-737.61M3.00B-2.97B-449.61M-2.41B7.91B7.07B7.17B
Dividends Paid2.05B1.52B805.60M1.05B611.84M486.40M315.40M---2.66B2.15B
FCF to OCF---5.38%-34.16%69.18%100.00%100.00%113.79%95.71%85.49%82.07%
Dividend Paid to FCF---272.54%-82.95%16.22%-10.62%---37.66%29.96%

Earnings

Report DateMar 17, 2027
EPS Estimate-
EPS Actual-
Surprise-
TimingAfter-hours

Key Statistics & Ratios

Market Cap3.91B
Enterprise Value5.72B
Trailing P/E7.36
Forward P/E7.65
PEG Ratio2.57
Price / Sales0.11
Price / Book9.98
EPS0.14
Book Value0.1104
Revenue (TTM)35.52B
Gross Profit (TTM)28.21B
EBITDA8.29B
Profit Margin12.93%
Operating Margin15.75%
Return on Equity158.68%
Return on Assets12.76%
Shares Outstanding3.80B
Shares Float819.36M
Beta1.00
Dividend Yield6.43%
Dividend Rate0.07
Payout Ratio55.36%

Dividends

20262×
0.03Aug 20, 20260.04May 20, 2026
20252×
0.03Aug 20, 20250.03May 28, 2025
20243×
0.04Sep 11, 20240.03Jun 6, 20240.01Apr 8, 2024
20201×
0.01Jun 3, 2020
20192×
0.01Aug 14, 20190.00May 30, 2019
20182×
0.01Aug 21, 20180.01May 30, 2018
20172×
0.01Aug 16, 20170.02May 31, 2017
20162×
0.01Aug 16, 20160.01May 31, 2016
20153×
0.02Aug 18, 20150.03May 20, 20150.09Mar 4, 2015
20143×
0.03Aug 19, 20140.03May 16, 20140.11Mar 4, 2014
20132×
0.03Aug 20, 20130.11Mar 5, 2013