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SJM Holdings
(OTC:0880)
SJM Holdings (0880) vs. S&P 500 (SPY)
SJM Holdings Business Overview & Revenue Model
SJM Holdings Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 17.24B | 13.14B | 4.00B | 10.08B | 7.51B | Gross Profit |
| 16.50B | 12.50B | 3.60B | 5.55B | 3.93B | EBIT |
| 1.77B | -158.40M | -5.31B | -3.97B | -3.29B | EBITDA |
| 3.92B | 1.93B | -4.77B | -2.59B | -2.14B | Net Income Common Stockholders |
| 3.20M | -2.01B | -7.85B | -4.14B | -3.02B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 2.21B | 3.54B | 6.86B | 3.20B | 6.13B | Total Assets |
| 48.72B | 49.74B | 52.65B | 49.91B | 52.72B | Total Debt |
| 27.46B | 28.75B | 32.43B | 23.86B | 20.24B | Net Debt |
| 25.47B | 25.66B | 26.14B | 20.84B | 14.93B | Total Liabilities |
| 34.55B | 35.65B | 36.63B | 29.50B | 28.08B | Stockholders Equity |
| 13.92B | 13.36B | 16.00B | 20.34B | 24.53B |
| Cash Flow | Free Cash Flow | |||
| 0.00 | 2.11B | -5.29B | -5.99B | -10.94B | Operating Cash Flow |
| 0.00 | 3.80B | -4.22B | -4.54B | -7.49B | Investing Cash Flow |
| 0.00 | -1.27B | -2.02B | -787.70M | 2.54B | Financing Cash Flow |
| 0.00 | -5.71B | 9.49B | 3.04B | 1.52B |
SJM Holdings Technical Analysis
SJM Holdings Peers Comparison
SJM Holdings Corporate Events
SJM Holdings Limited reported an increase in net gaming revenue to HK$6,949 million for the first quarter of 2025, compared to HK$6,464 million in the same period of 2024. The company’s adjusted EBITDA also rose to HK$958 million, with a profit attributable to owners of HK$31 million, marking a significant turnaround from a loss of HK$74 million in the previous year. The Grand Lisboa Palace Resort and Grand Lisboa both showed improvements in their gross revenues and adjusted property EBITDA, indicating a positive trend in the company’s financial performance. The Group maintains a strong liquidity position with HK$3,232 million in cash and bank balances, while managing a substantial debt of HK$26,739 million.
SJM Holdings Limited has announced its upcoming annual general meeting scheduled for June 10, 2025, in Hong Kong. Key agenda items include the adoption of financial statements, re-election of directors, and approval of remuneration for directors and auditors. Additionally, the company seeks shareholder approval for mandates to issue new shares and repurchase existing shares, which could impact its financial strategy and shareholder value.
SJM Holdings Limited has announced that a board meeting will be held on April 29, 2025, to approve the release of selected unaudited key performance indicators for the first quarter of 2025. This announcement indicates the company’s ongoing commitment to transparency and provides stakeholders with insights into its operational performance, which could impact its market positioning and investor relations.
SJM Holdings Limited reported a significant financial turnaround for the year ended December 31, 2024, with a 33.8% increase in net gaming revenue and a remarkable 117.9% rise in adjusted EBITDA. The company achieved a profit of HK$3 million, reversing a loss of HK$2,010 million from the previous year. SJM’s market share in Macau’s gaming sector includes a 13.1% share of gross gaming revenue. The Grand Lisboa Palace and Grand Lisboa properties both saw substantial revenue growth and improved occupancy rates, contributing to the company’s positive financial performance. Despite these gains, the company did not declare a final dividend for the year.
SJM Holdings has announced that Tin Hou, a company indirectly controlled by a family member of a director of its subsidiaries, has become a connected person at the subsidiary level under the Listing Rules. This development results in the arrangements between SJM Resorts and Tin Hou, initially made in 2022 and amended in 2023, being classified as continuing connected transactions. Consequently, SJM Holdings is required to adhere to annual review and disclosure requirements, including publishing announcements and annual reports regarding these transactions.
SJM Holdings Limited has outlined the terms of reference for its audit committee, which is responsible for overseeing the company’s accounting and financial reporting processes, the integrity of its financial statements, and the performance of both internal and external audits. The committee is also tasked with ensuring compliance with the Listing Rules of the Hong Kong Stock Exchange, particularly in relation to connected party transactions. This announcement underscores SJM Holdings’ commitment to maintaining robust financial oversight and governance structures, which are crucial for its operations and stakeholder trust.
SJM Holdings Limited has announced a board meeting scheduled for March 4, 2025, to discuss and approve the audited financial results for the year ending December 31, 2024. The board will also consider recommending a final dividend, which could impact the company’s financial strategy and stakeholder returns.