Sands China Ltd. (HKG:1928)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
14.40
+0.09 (0.63%)
Aug 11, 2026, 4:08 PM HKT

Sands China Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
7,4437,4437,0806,5341,6052,874
Revenue Growth
6.01%5.13%8.36%307.10%-44.15%70.36%
Gross Profit
5,9075,9075,6805,2364871,727
Operating Income
1,2991,2991,3861,250-1,165-491
Net Income
8968961,045692-1,582-1,048
Earnings Per Share
0.110.110.130.09-0.20-0.13
EPS Growth
-2.20%-14.25%50.99%---

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
The Venetian Macao
2,7452,7452,8312,6826821,256
The Londoner Macao
2,5562,5561,9841,792350588
The Parisian Macao
872872973879188357
The Plaza Macao
872872872779313546
Sands Macao
29429432232265122
Ferry and Other Operations
122122115952120
Inter-Segment Revenues
-18-18-17-15-14-15
Total
7,4437,4437,0806,5341,6052,874

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,5051,5051,9701,361790678
Total Debt
7,0977,0978,1598,32810,2197,964
Net Cash (Debt)
-5,592-5,592-6,189-6,967-9,429-7,286
Net Cash Growth
------
Net Cash Per Share
-0.69-0.69-0.76-0.86-1.17-0.90

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,1052,1052,0722,293-47388
Capital Expenditures
-522-522-839-201-203-564
Free Cash Flow
1,5831,5831,2332,092-676-476
Free Cash Flow Growth
55.81%28.39%-41.06%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
79.36%79.36%80.23%80.14%30.34%60.09%
Operating Margin
17.45%17.45%19.58%19.13%-72.59%-17.08%
Pretax Margin
12.11%12.11%14.27%11.34%-98.94%-36.36%
Profit Margin
12.04%12.04%14.76%10.59%-98.57%-36.46%
FCF Margin
21.27%21.27%17.41%32.02%-42.12%-16.56%

Dividends

Fiscal YearCurrentFY 2025FY 2024
Period EndingAug '26 Dec '25 Dec '24
Dividend Per Share
0.7530.0960.032
Dividend Per Share Growth
200.00%200.00%-
Dividend Yield
5.26%3.94%1.26%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
16.7122.7520.8434.21--
Forward PE
13.5415.6716.2015.75229.90229.90
P/FCF Ratio
9.4612.8817.6611.32--
PS Ratio
2.012.743.083.6216.756.56