MGM China Holdings Limited (HKG:2282)

Hong Kong · Delayed Price · Currency is HKD

10.90

+0.43 (4.11%)

Jul 27, 2026, 4:08 PM HKT

MGM China Holdings Financials Overview

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	34,787	34,787	31,387	24,684	5,269	9,411
Revenue Growth	9.29%	10.83%	27.16%	368.52%	-44.02%	84.67%
Gross Profit	27,844	27,844	25,249	19,665	1,651	5,561
Operating Income	6,758	6,758	6,211	4,569	-3,657	-2,329
Net Income	5,075	5,075	4,603	2,638	-5,232	-3,847
Earnings Per Share	1.33	1.33	1.21	0.69	-1.38	-1.01
EPS Growth	17.74%	10.20%	74.28%	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	4,397	4,397	5,315	4,232	6,707	3,112
Total Debt	19,169	19,169	23,193	24,298	32,917	24,145
Net Cash (Debt)	-14,772	-14,772	-17,877	-20,066	-26,210	-21,033
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.87	-3.87	-4.68	-5.26	-6.90	-5.53

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	8,738	8,738	8,266	8,268	-2,114	-449.61
Capital Expenditures	-1,566	-1,566	-1,199	-354.65	-245.87	-527.72
Free Cash Flow	7,171	7,171	7,066	7,913	-2,360	-977.32
Free Cash Flow Growth	6.89%	1.48%	-10.70%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	80.04%	80.04%	80.44%	79.67%	31.33%	59.09%
Operating Margin	19.43%	19.43%	19.79%	18.51%	-69.41%	-24.75%
Pretax Margin	14.78%	14.78%	14.86%	10.88%	-99.01%	-40.68%
Profit Margin	14.59%	14.59%	14.67%	10.69%	-99.30%	-40.87%
FCF Margin	20.61%	20.61%	22.51%	32.06%	-44.79%	-10.38%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Jul '26 Jul 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.706	0.666	0.251	0.243
Dividend Per Share Growth	10.26%	165.34%	3.29%	-
Dividend Yield	6.74%	5.25%	2.73%	2.81%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	8.20	9.82	8.21	14.27	-	-
Forward PE	8.85	9.28	8.18	11.91	290.56	290.56
P/FCF Ratio	5.78	6.95	5.35	4.76	-	-
PS Ratio	1.19	1.43	1.20	1.53	6.20	1.91