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Wynn Macau
(1128)
Wynn Macau (1128) vs. iShares MSCI Hong Kong ETF (EWH)
Wynn Macau Business Overview & Revenue Model
Wynn Macau Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.63B | 28.74B | 24.27B | 5.64B | 11.73B | 7.61B |
| Gross Profit | 10.96B | 11.87B | 9.67B | -676.72M | 2.45B | -309.18M |
| EBITDA | 6.82B | 8.81B | 6.70B | -2.57B | -200.30M | -2.46B |
| Net Income | 1.84B | 3.20B | 1.17B | -7.34B | -5.18B | -7.22B |
Balance Sheet | ||||||
| Total Assets | 39.58B | 39.23B | 44.83B | 36.08B | 41.90B | 51.66B |
| Cash, Cash Equivalents and Short-Term Investments | 11.58B | 11.33B | 15.75B | 7.42B | 11.66B | 18.83B |
| Total Debt | 45.59B | 44.98B | 52.83B | 48.40B | 46.75B | 49.47B |
| Total Liabilities | 53.55B | 52.52B | 60.64B | 53.23B | 51.92B | 56.71B |
| Stockholders Equity | -13.97B | -13.29B | -15.81B | -17.15B | -10.02B | -5.06B |
Cash Flow | ||||||
| Free Cash Flow | 5.51B | 6.38B | 6.10B | -2.47B | -1.69B | -4.46B |
| Operating Cash Flow | 7.26B | 7.69B | 6.81B | -2.12B | -1.21B | -3.71B |
| Investing Cash Flow | 1.57B | 4.83B | -5.41B | -1.29B | -453.91M | -642.76M |
| Financing Cash Flow | -9.22B | -11.42B | 1.49B | -860.42M | -5.57B | 9.13B |
Wynn Macau Technical Analysis
Wynn Macau Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$48.64B | 11.30 | 452.88% | 5.73% | 5.59% | -4.38% | |
72 Outperform | $171.41B | 17.82 | 12.59% | 3.06% | 4.94% | 15.38% | |
72 Outperform | $151.75B | 21.24 | 111.35% | 2.39% | -3.13% | -13.65% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | $30.92B | 16.72 | ― | 5.92% | -4.41% | -31.45% | |
55 Neutral | HK$20.92B | 10.35 | 11.98% | 1.63% | 8.23% | 175.51% | |
40 Neutral | HK$16.76B | -1,026.09 | -0.13% | ― | 12.29% | 98.20% |
Wynn Macau Corporate Events
Wynn Macau has set new annual caps for transactions under its Compliance Services Framework Agreement for the financial years ending 31 December 2026, 2027 and 2028, governing how it engages Wynn Resorts (Macau) Limited (WRL) to provide compliance-related services linked to its Macau gaming concession. Under the agreement, in place since March 2023 and automatically renewable subject to Hong Kong listing rules, WRL will continue to support the group with financial planning for concession-related obligations, project management, government liaison, capital markets strategy, branding, public relations, and non-gaming event programming aimed at boosting tourism and broader economic activity. The services are charged strictly on a cost-reimbursement basis without mark-up, with detailed evidence required for all expenses, indicating a structured, arms-length framework to manage ongoing compliance and diversification requirements tied to the gaming concession and potentially providing cost transparency and governance comfort to shareholders and regulators.
The most recent analyst rating on (HK:1128) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
Wynn Macau, Limited has confirmed the composition of its board of directors effective 1 January 2026, maintaining a structure that includes three executive directors, two non-executive directors and five independent non-executive directors. The company also detailed the membership of its Audit and Risk Committee, Remuneration Committee and Nomination and Corporate Governance Committee, underscoring the central roles of independent directors such as Nicholas Sallnow-Smith, Lam Kin Fung Jeffrey and Allan Zeman in overseeing governance, risk, remuneration and board nominations, signaling continuity and stability in its corporate governance framework for stakeholders.
The most recent analyst rating on (HK:1128) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
Wynn Macau has entered into new perpetual intellectual property licence agreements with Wynn NKH, LLC, a wholly owned subsidiary of controlling shareholder Wynn Resorts, replacing earlier agreements from 2009 and setting the framework under which the group can continue using Wynn-related trademarks and other intellectual property. Under these agreements, the group will pay the higher of 3% of its intellectual property gross monthly revenues or a minimum of US$1.5 million per month in licence fees, and has confirmed an annual cap of HK$1.1657 billion (about US$150 million) for such payments in 2026, ensuring regulatory compliance for these connected transactions and signalling ongoing dependence on the Wynn brand and gaming licences for its Macau operations.
The most recent analyst rating on (HK:1128) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
Wynn Macau, Limited has announced the granting of awards under its Employee Ownership Scheme to five employees, allowing them to subscribe to a total of 971,308 ordinary shares. This initiative is designed to align the interests of employees with those of the company and its shareholders, motivating staff to contribute to the company’s growth and development. The vesting schedule for these awards spans several years, ensuring long-term commitment, although the awards are not tied to specific performance targets. The company emphasizes that these arrangements are commercially competitive and aim to foster long-term growth and profitability.
The most recent analyst rating on (HK:1128) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
Wynn Macau, Limited announced the grant of 4,856,000 share options to five independent non-executive directors under its share option scheme. The options, with a subscription price of HK$6.53 per share, are set to vest over a five-year period starting from December 2026, allowing the directors to subscribe to ordinary shares of the company. This move is part of Wynn Macau’s strategy to align the interests of its directors with those of its shareholders, potentially impacting the company’s governance and stakeholder relations.
The most recent analyst rating on (HK:1128) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
Wynn Macau, Limited has announced a change in its board of directors, with Ms. Jacqui Krum appointed as a non-executive director effective January 1, 2026, succeeding Ms. Ellen F. Whittemore, whose term ends on December 31, 2025. Ms. Krum, who has extensive experience in legal and executive roles within the hospitality sector, is expected to bring valuable insights and leadership to the company, potentially impacting its strategic direction and stakeholder relations.
The most recent analyst rating on (HK:1128) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
Wynn Macau, Limited has established a Nomination and Corporate Governance Committee to enhance its corporate governance practices. This committee is tasked with identifying suitable candidates for the board, overseeing board performance evaluations, and developing governance guidelines to protect shareholder interests. The committee is composed of independent non-executive directors, ensuring diverse and independent oversight, and will meet at least annually to fulfill its responsibilities.
The most recent analyst rating on (HK:1128) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
Wynn Macau announced the release of its controlling shareholder Wynn Resorts, Limited’s unaudited financial results for the third quarter and the first three quarters of fiscal 2025. The results, prepared under U.S. GAAP, are not directly comparable to Wynn Macau’s financials, which adhere to IFRS. Stakeholders are advised to consult professional advisers to understand these differences. The announcement ensures equal access to financial information for all shareholders and potential investors, highlighting key financial data related to Wynn Macau’s operations in Macau.
The most recent analyst rating on (HK:1128) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
Wynn Macau has announced the release of its controlling shareholder, Wynn Resorts, Limited’s unaudited financial results for the third quarter and the first three quarters of fiscal 2025. The results, prepared under U.S. GAAP, are not directly comparable to Wynn Macau’s financials, which are prepared under IFRS. This announcement ensures that shareholders and potential investors have equal access to the financial information, which includes key highlights of Wynn Resorts’ Macau operations.
The most recent analyst rating on (HK:1128) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.
Wynn Macau announced the grant of awards under its Employee Ownership Scheme to 466 employees, allowing them to subscribe to a total of 466,000 ordinary shares. This initiative aims to align employee interests with the company’s goals, motivate staff, and recognize their contributions to the company’s long-term growth. The awards, which are not subject to performance targets, will vest in two equal installments in 2028 and 2029. The company emphasizes that the grant aligns with market practices and does not involve any financial assistance to participants.
The most recent analyst rating on (HK:1128) stock is a Buy with a HK$8.70 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.