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MGM China Holdings
(OTC:2282)
MGM China Holdings (2282) vs. iShares MSCI Hong Kong ETF (EWH)
MGM China Holdings Business Overview & Revenue Model
MGM China Holdings Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 31.39B | 13.87B | 5.27B | 9.41B | 5.10B | Gross Profit |
| 11.87B | 8.86B | -419.99M | 1.58B | -516.17M | EBIT |
| 6.21B | 4.57B | -3.61B | -2.33B | -4.13B | EBITDA |
| 8.17B | 6.45B | -1.69B | -287.02M | -1.73B | Net Income Common Stockholders |
| 4.60B | 2.64B | -5.23B | -3.85B | -5.20B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 5.32B | 4.23B | 6.71B | 3.11B | 2.64B | Total Assets |
| 30.60B | 29.18B | 31.21B | 28.44B | 29.67B | Total Debt |
| 23.15B | 24.30B | 32.92B | 24.15B | 21.37B | Net Debt |
| 17.83B | 20.07B | 26.21B | 21.03B | 18.74B | Total Liabilities |
| 30.08B | 30.51B | 35.21B | 27.24B | 24.65B | Stockholders Equity |
| 527.53M | -1.33B | -4.00B | 1.20B | 5.02B |
| Cash Flow | Free Cash Flow | |||
| 5.52B | 7.91B | -2.41B | -977.32M | -3.81B | Operating Cash Flow |
| 6.72B | 8.27B | -2.11B | -449.61M | -2.97B | Investing Cash Flow |
| -1.52B | -124.64M | -1.32B | -518.49M | -831.96M | Financing Cash Flow |
| -4.11B | -10.62B | 7.04B | 1.44B | 3.16B |
MGM China Holdings Technical Analysis
MGM China Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $147.37B | 16.83 | 11.92% | 3.37% | 17.34% | 28.21% | |
76 Outperform | $40.82B | 8.87 | 2.04% | 26.22% | 74.49% | ||
66 Neutral | $125.12B | 15.34 | 203.51% | 1.74% | 6.04% | 50.60% | |
64 Neutral | HK$27.23B | 8.46 | 5.38% | 16.27% | 172.71% | ||
62 Neutral | $6.88B | 11.32 | 2.90% | 3.87% | 2.70% | -24.57% | |
39 Underperform | $16.62B | 5,850.00 | 0.03% | ― | 31.24% | ― | |
34 Underperform | $7.31B | ― | -220.97% | ― | 23.05% | 55.01% |
MGM China Holdings Corporate Events
MGM China Holdings Limited announced that all proposed resolutions at its Annual General Meeting held on May 22, 2025, were approved by shareholders. The resolutions included the approval of audited financial statements, declaration of a final dividend, re-election of directors, and granting of mandates related to share issuance and repurchase. This successful approval of resolutions indicates strong shareholder support and positions the company for continued operational and strategic initiatives.
The most recent analyst rating on (HK:2282) stock is a Buy with a HK$13.25 price target. To see the full list of analyst forecasts on MGM China Holdings stock, see the HK:2282 Stock Forecast page.
MGM China Holdings Limited announced that its controlling shareholder, MGM Resorts International, has released its unaudited financial results for the first quarter of 2025. These results include financial information about MGM China, prepared under US GAAP, which may not be directly comparable to MGM China’s own financial statements prepared under IFRS. Stakeholders are advised that the financial results in the release are unaudited and not guaranteed to align with MGM China’s future financial disclosures.
MGM China Holdings Limited announced that its controlling shareholder, MGM Resorts International, has released its unaudited quarterly report for the first quarter of 2025. The report, filed with the SEC, includes financial information about MGM China and its subsidiaries. Shareholders and potential investors are advised to exercise caution as the financial information has not been audited or reviewed by MGM China’s auditor.
MGM China Holdings Limited has entered into agreements for a new revolving credit facility worth up to HK$23.4 billion, which will be used to refinance existing credit facilities and support general corporate purposes. The facility, set to mature 60 months after the agreement date, includes a change of control provision requiring repayment if MGM Resorts International’s ownership falls below 50%, highlighting the strategic importance of maintaining its current ownership structure.
MGM China Holdings Limited announced a final cash dividend of HKD 0.251 per share for the financial year ending December 31, 2024. The dividend will be paid on June 12, 2025, following shareholder approval on May 22, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders and may positively impact its market positioning by reinforcing investor confidence.
MGM China Holdings Limited has announced its upcoming Annual General Meeting (AGM) scheduled for May 22, 2025, at MGM COTAI, Macau. The meeting will address several key resolutions, including the approval of audited financial statements, the declaration of a final dividend, the re-election of directors, and the re-appointment of Deloitte Touche Tohmatsu as the independent auditor. Additionally, the company seeks shareholder approval for a general mandate to issue additional shares, which could impact its capital structure and shareholder value.
MGM China Holdings Limited reported a substantial increase in its annual profits for the year ended December 31, 2024, driven by a recovery in operations following the relaxation of COVID-19 travel restrictions to Macau. The company’s profit attributable to owners rose to HK$4,603.4 million, supported by a strong performance in casino revenue. The Board has recommended a final dividend of HK$0.251 per share, reflecting the company’s solid financial position and commitment to rewarding shareholders while maintaining sufficient resources for future operations and commitments.
MGM China Holdings Limited has announced a final ordinary cash dividend of HKD 0.251 per share for the financial year ending December 31, 2024. This announcement reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment positively. The ex-dividend date is set for May 28, 2025, with the payment scheduled for June 12, 2025. This decision underscores MGM China’s stable financial performance and its strategic focus on maintaining shareholder trust and confidence.
MGM China Holdings Limited has announced an amendment to its Dividend Policy, which will now include semi-annual distributions not exceeding 50% of anticipated consolidated annual profits, with the possibility of special distributions. This change reflects the company’s strategic approach to balancing shareholder returns with maintaining financial stability, considering factors such as economic conditions, cash flow, and legal restrictions.
MGM China Holdings Limited has announced a board meeting scheduled for March 20, 2025, to discuss and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider recommending a final dividend, which could impact the company’s financial strategy and shareholder returns.