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SJM Holdings
(0880)
SJM Holdings (0880) vs. iShares MSCI Hong Kong ETF (EWH)
SJM Holdings Business Overview & Revenue Model
SJM Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 29.61B | 17.24B | 13.14B | 4.00B | 5.89B | 4.14B |
| Gross Profit | 16.90B | 16.50B | 12.50B | 3.60B | 5.55B | 3.93B |
| EBITDA | 3.37B | 3.92B | 1.93B | -4.77B | -2.58B | -2.14B |
| Net Income | -16.60M | 3.20M | -2.01B | -7.80B | -4.14B | -3.02B |
Balance Sheet | ||||||
| Total Assets | 48.94B | 48.72B | 49.74B | 52.65B | 49.91B | 52.72B |
| Cash, Cash Equivalents and Short-Term Investments | 2.37B | 2.21B | 3.54B | 6.86B | 3.20B | 6.13B |
| Total Debt | 28.23B | 27.46B | 29.09B | 32.77B | 23.86B | 20.24B |
| Total Liabilities | 34.92B | 34.55B | 35.65B | 36.63B | 29.50B | 28.08B |
| Stockholders Equity | 13.73B | 13.92B | 13.36B | 16.00B | 20.34B | 24.53B |
Cash Flow | ||||||
| Free Cash Flow | -10.70M | 2.30B | 2.11B | -5.29B | -5.99B | -10.94B |
| Operating Cash Flow | 2.05B | 4.06B | 3.80B | -4.22B | -4.54B | -7.49B |
| Investing Cash Flow | -2.22B | -1.41B | -1.27B | -2.02B | -787.70M | 2.54B |
| Financing Cash Flow | -972.40M | -3.74B | -5.71B | 9.49B | 3.04B | 1.52B |
SJM Holdings Technical Analysis
SJM Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$47.50B | 11.04 | 452.88% | 5.73% | 5.59% | -4.38% | |
72 Outperform | HK$174.21B | 18.11 | 12.59% | 3.06% | 4.94% | 15.38% | |
72 Outperform | HK$137.83B | 19.30 | 111.35% | 2.39% | -3.13% | -13.65% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | HK$30.44B | 16.47 | ― | 5.92% | -4.41% | -31.45% | |
45 Neutral | HK$9.60B | -48.90 | -28.54% | ― | 13.18% | 86.18% | |
40 Neutral | $17.04B | -1,043.48 | -0.13% | ― | 12.29% | 98.20% |
SJM Holdings Corporate Events
SJM International Limited, guaranteed by SJM Holdings Limited, has completed the issuance of US$540 million 6.500% senior notes due 2031, which will be listed on the Hong Kong Stock Exchange. The notes, priced at par and carrying semi-annual interest payments from July 2026, will provide the group with funds earmarked for refinancing existing indebtedness and for general corporate purposes, underscoring the company’s ongoing efforts to manage its debt profile and secure longer-term financing in support of its operations.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM Holdings, through its British Virgin Islands subsidiary Champion Path Holdings Limited, has completed a cash tender offer for part of its 4.500% senior notes due 2026, a move that forms part of its broader capital management in the competitive Macau gaming and hospitality sector. The issuer accepted for purchase all notes validly tendered by the 12 January 2026 deadline, totalling US$170.1 million in principal, with accrued interest of US$21.125 per US$1,000 principal to be paid on or about 16 January 2026; following cancellation of the repurchased notes, US$329.9 million in principal will remain outstanding, effectively reducing the group’s debt load and adjusting its near-term refinancing profile.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM Holdings, through wholly owned subsidiary SJM International Limited, has agreed to issue US$540 million of 6.500% senior notes due 2031, with the company seeking to list the notes on the Hong Kong Stock Exchange. The net proceeds will be used to refinance existing debt and for general corporate purposes, a move the board says will extend the group’s debt maturity profile and improve financial flexibility. The notes will include a change-of-control clause giving investors the right to require a repurchase if certain ownership conditions are triggered, and a subsidiary of controlling shareholder STDM has agreed to subscribe to part of the issue, rendering that portion a connected transaction under Hong Kong listing rules.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM International Limited, a wholly owned subsidiary of SJM Holdings, plans an international offering of U.S. dollar-denominated senior notes to be sold exclusively to non-U.S. investors under Regulation S, with the notes irrevocably and unconditionally guaranteed by the parent company. The size and terms of the issue will be set via bookbuilding led by a syndicate of global and regional banks, and the proceeds, if the transaction completes, are earmarked for refinancing existing debt and general corporate purposes, a move the board says will extend the group’s debt maturity profile and strengthen its financial flexibility.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM Holdings, through its British Virgin Islands subsidiary Champion Path Holdings Limited, has launched a cash tender offer to repurchase any and all of its outstanding US$500 million 4.500% senior notes due January 2026 at par value. The move forms part of a broader refinancing strategy for the group’s existing indebtedness and is conditional on the successful completion of a concurrent offering of new senior notes by another wholly owned subsidiary, SJM International Limited, also guaranteed by SJM Holdings. By retiring the 2026 notes via the tender offer and raising fresh funds through the new issuance, the company aims to optimize its debt profile and manage upcoming maturities, potentially improving its balance sheet flexibility and funding costs ahead of the 2026 deadline.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM Holdings has completed the acquisition of Arc of Triumph Development Company Limited, the owner of L’Arc Hotel in Macau’s NAPE district, making the target group companies wholly owned subsidiaries of SJM Resorts. Following regulatory approval from Macau’s gaming authority, SJM Resorts has taken over direct operation of L’Arc Hotel’s accommodation, food and beverage, retail offerings and Casino L’Arc Macau, securing a prime position in one of the city’s most commercially productive entertainment areas, which the company expects will strengthen its Lisboa-branded network, improve customer circulation on the Macau Peninsula and support Macau’s broader goals as a global tourism and leisure centre.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM Holdings Limited announced the successful passing of a resolution at its Extraordinary General Meeting held on December 15, 2025. The resolution involved the approval of an acquisition agreement for Arc of Triumph Development Company Limited and related entities, as well as a loan agreement with Ms. Leong On Kei. This development is significant for SJM Holdings as it expands their portfolio in the hospitality sector and strengthens their market position.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM Holdings Limited has announced an extraordinary general meeting scheduled for December 15, 2025, to seek approval for an acquisition agreement involving the purchase of Arc of Triumph Development Company Limited and related entities. This strategic move, along with a loan agreement, aims to strengthen SJM’s market position and enhance its operational capabilities in the competitive gaming and hospitality sector.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM Holdings Limited, a prominent entity in the casino and entertainment industry, has announced an extraordinary general meeting to discuss significant transactions, including the acquisition of Arc of Triumph Development Company Limited and a related loan agreement. The meeting, scheduled for December 15, 2025, will determine shareholder eligibility and voting rights, with the register of members closed from December 10 to December 15, 2025. This move is expected to impact the company’s strategic positioning and stakeholder engagement.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM Holdings Limited has announced the closure of its register of members in preparation for an extraordinary general meeting (EGM) scheduled for December 15, 2025. During this meeting, shareholders will consider approving the acquisition of Arc of Triumph Development Company Limited and a related loan agreement. The register will be closed from December 10 to December 15, 2025, to determine shareholder eligibility to vote at the EGM. This strategic move is expected to impact the company’s operations by potentially expanding its development portfolio and financial agreements.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM Holdings has announced a series of transactions involving the acquisition of the entire issued share capital of Arc of Triumph Development Company Limited. The acquisition involves a purchase price of MOP180,000 and the repayment of an ICBC Loan amounting to HK$1,749,825,243. Additionally, a Loan Agreement will be entered into for HK$177,525,000 to finance part of the repayment. The transactions also include the termination of the L’Arc Services Agreement, which will cease operations at Casino L’Arc Macau as a satellite casino by the end of 2025, impacting the service fee arrangements with L’Arc Entertainment.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
SJM Holdings Limited reported a decline in key financial metrics for the third quarter and the first nine months of 2025 compared to the previous year. The company’s net gaming revenue and adjusted EBITDA showed a decrease, with a notable drop in profit attributable to owners. The Grand Lisboa Palace Resort and Grand Lisboa properties also experienced reduced revenues and adjusted property EBITDA. The company maintains significant cash reserves and banking facilities, which may provide some financial flexibility moving forward.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.