View ValuationMelco International Development 将来の成長Future 基準チェック /36Melco International Development利益と収益がそれぞれ年間15.9%と4.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に28.8% 15.5%なると予測されています。主要情報15.9%収益成長率15.50%EPS成長率Hospitality 収益成長42.5%収益成長率4.4%将来の株主資本利益率28.79%アナリストカバレッジLow最終更新日10 Jul 2026今後の成長に関する最新情報Major Estimate Revision • Jun 05Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 consensus EPS estimate fell from HK$0.50 to HK$0.44. Revenue forecast reaffirmed at HK$42.4b. Net income forecast to shrink 11% next year vs 33% growth forecast for Hospitality industry in Hong Kong . Consensus price target up from HK$5.30 to HK$5.44. Share price rose 2.7% to HK$3.86 over the past week.Price Target Changed • Sep 03Price target increased by 10% to HK$5.72Up from HK$5.18, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of HK$5.87. Stock is up 43% over the past year. The company is forecast to post earnings per share of HK$0.25 next year compared to a net loss per share of HK$0.52 last year.Major Estimate Revision • Jun 03Consensus estimates of losses per share improve by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from HK$38.5b to HK$38.9b. EPS estimate increased from -HK$0.582 per share to -HK$0.333 per share. Hospitality industry in Hong Kong expected to see average net income growth of 27% next year. Consensus price target down from HK$3.75 to HK$3.67. Share price fell 4.1% to HK$3.31 over the past week.Major Estimate Revision • May 06Consensus EPS estimates upgraded to HK$0.58 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -HK$0.84 to -HK$0.582 per share. Revenue forecast steady at HK$38.0b. Hospitality industry in Hong Kong expected to see average net income growth of 32% next year. Consensus price target down from HK$4.68 to HK$3.92. Share price fell 2.4% to HK$3.23 over the past week.Price Target Changed • Apr 22Price target decreased by 9.3% to HK$4.65Down from HK$5.13, the current price target is an average from 6 analysts. New target price is 36% above last closing price of HK$3.42. Stock is down 36% over the past year. The company is forecast to post a net loss per share of HK$0.84 next year compared to a net loss per share of HK$0.52 last year.Major Estimate Revision • Apr 16Consensus EPS estimates fall from profit to HK$0.41 lossThe consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -HK$0.41 instead of HK$0.02 per share profit previously forecast. Revenue forecast unchanged at HK$37.8b Hospitality industry in Hong Kong expected to see average net income growth of 30% next year. Consensus price target down from HK$5.13 to HK$4.97. Share price was steady at HK$3.37 over the past week.すべての更新を表示Recent updatesMajor Estimate Revision • Jun 05Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 consensus EPS estimate fell from HK$0.50 to HK$0.44. Revenue forecast reaffirmed at HK$42.4b. Net income forecast to shrink 11% next year vs 33% growth forecast for Hospitality industry in Hong Kong . Consensus price target up from HK$5.30 to HK$5.44. Share price rose 2.7% to HK$3.86 over the past week.New Risk • Jun 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding).分析記事 • May 06There May Be Underlying Issues With The Quality Of Melco International Development's (HKG:200) EarningsDespite posting some strong earnings, the market for Melco International Development Limited's ( HKG:200 ) stock hasn't...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$4.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Hospitality industry in Hong Kong. Total loss to shareholders of 41% over the past three years.Reported Earnings • Apr 02Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: HK$0.50 (up from HK$0.52 loss in FY 2024). Revenue: HK$40.2b (up 11% from FY 2024). Net income: HK$1.06b (up HK$1.84b from FY 2024). Profit margin: 2.6% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Apr 01Melco International Development Limited, Annual General Meeting, Jun 08, 2026Melco International Development Limited, Annual General Meeting, Jun 08, 2026.お知らせ • Mar 18Melco International Development Limited to Report Fiscal Year 2025 Results on Mar 31, 2026Melco International Development Limited announced that they will report fiscal year 2025 results on Mar 31, 2026分析記事 • Nov 19There's Been No Shortage Of Growth Recently For Melco International Development's (HKG:200) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Oct 30Risks Still Elevated At These Prices As Melco International Development Limited (HKG:200) Shares Dive 25%Melco International Development Limited ( HKG:200 ) shares have had a horrible month, losing 25% after a relatively...分析記事 • Sep 18These 4 Measures Indicate That Melco International Development (HKG:200) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Price Target Changed • Sep 03Price target increased by 10% to HK$5.72Up from HK$5.18, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of HK$5.87. Stock is up 43% over the past year. The company is forecast to post earnings per share of HK$0.25 next year compared to a net loss per share of HK$0.52 last year.Reported Earnings • Aug 31First half 2025 earnings released: EPS: HK$0.18 (vs HK$0.17 loss in 1H 2024)First half 2025 results: EPS: HK$0.18 (up from HK$0.17 loss in 1H 2024). Revenue: HK$20.0b (up 12% from 1H 2024). Net income: HK$350.8m (up HK$604.0m from 1H 2024). Profit margin: 1.8% (up from net loss in 1H 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 18Melco International Development Limited to Report First Half, 2025 Results on Aug 29, 2025Melco International Development Limited announced that they will report first half, 2025 results on Aug 29, 2025New Risk • Jul 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).分析記事 • Jul 02There's Reason For Concern Over Melco International Development Limited's (HKG:200) Massive 39% Price JumpMelco International Development Limited ( HKG:200 ) shareholders would be excited to see that the share price has had a...New Risk • Jun 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.New Risk • Jun 04New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: HK$785m Forecast net loss in 2 years: HK$239m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Major Estimate Revision • Jun 03Consensus estimates of losses per share improve by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from HK$38.5b to HK$38.9b. EPS estimate increased from -HK$0.582 per share to -HK$0.333 per share. Hospitality industry in Hong Kong expected to see average net income growth of 27% next year. Consensus price target down from HK$3.75 to HK$3.67. Share price fell 4.1% to HK$3.31 over the past week.分析記事 • May 29Shareholders Will Probably Hold Off On Increasing Melco International Development Limited's (HKG:200) CEO Compensation For The Time BeingKey Insights Melco International Development to hold its Annual General Meeting on 5th of June Total pay for CEO...Major Estimate Revision • May 06Consensus EPS estimates upgraded to HK$0.58 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -HK$0.84 to -HK$0.582 per share. Revenue forecast steady at HK$38.0b. Hospitality industry in Hong Kong expected to see average net income growth of 32% next year. Consensus price target down from HK$4.68 to HK$3.92. Share price fell 2.4% to HK$3.23 over the past week.Reported Earnings • May 01Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: HK$0.52 loss per share (improved from HK$1.16 loss in FY 2023). Revenue: HK$36.2b (up 23% from FY 2023). Net loss: HK$784.6m (loss narrowed 55% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Apr 26Melco International Development Limited has filed a Follow-on Equity Offering in the amount of HKD 780.030455 million.Melco International Development Limited has filed a Follow-on Equity Offering in the amount of HKD 780.030455 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 758,341,877 Price\Range: HKD 1.0286 Discount Per Security: HKD 0.0116 Transaction Features: Rights Offering分析記事 • Apr 25Melco International Development (HKG:200) Has More To Do To Multiply In Value Going ForwardDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Price Target Changed • Apr 22Price target decreased by 9.3% to HK$4.65Down from HK$5.13, the current price target is an average from 6 analysts. New target price is 36% above last closing price of HK$3.42. Stock is down 36% over the past year. The company is forecast to post a net loss per share of HK$0.84 next year compared to a net loss per share of HK$0.52 last year.Major Estimate Revision • Apr 16Consensus EPS estimates fall from profit to HK$0.41 lossThe consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -HK$0.41 instead of HK$0.02 per share profit previously forecast. Revenue forecast unchanged at HK$37.8b Hospitality industry in Hong Kong expected to see average net income growth of 30% next year. Consensus price target down from HK$5.13 to HK$4.97. Share price was steady at HK$3.37 over the past week.Reported Earnings • Mar 30Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: HK$0.52 loss per share (improved from HK$1.16 loss in FY 2023). Revenue: HK$36.2b (up 23% from FY 2023). Net loss: HK$784.6m (loss narrowed 55% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Mar 29Melco International Development Limited, Annual General Meeting, Jun 05, 2025Melco International Development Limited, Annual General Meeting, Jun 05, 2025.お知らせ • Mar 24Melco International Development Limited(SEHK:200) dropped from FTSE All-World Index (USD)Melco International Development Limited(SEHK:200) dropped from FTSE All-World Index (USD)お知らせ • Mar 17Melco International Development Limited to Report Fiscal Year 2024 Results on Mar 28, 2025Melco International Development Limited announced that they will report fiscal year 2024 results on Mar 28, 2025分析記事 • Jan 30Melco International Development Limited's (HKG:200) Revenues Are Not Doing Enough For Some InvestorsWhen you see that almost half of the companies in the Hospitality industry in Hong Kong have price-to-sales ratios (or...Price Target Changed • Jan 14Price target decreased by 7.2% to HK$5.48Down from HK$5.90, the current price target is an average from 8 analysts. New target price is 27% above last closing price of HK$4.31. Stock is down 20% over the past year. The company is forecast to post a net loss per share of HK$0.65 next year compared to a net loss per share of HK$1.16 last year.分析記事 • Dec 24Melco International Development (HKG:200) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Nov 09New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: HK$1.3b Forecast net loss in 2 years: HK$119m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Major Estimate Revision • Nov 08Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -HK$0.531 to -HK$0.637 per share. Revenue forecast unchanged at HK$35.7b. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target broadly unchanged at HK$6.00. Share price rose 10.0% to HK$5.30 over the past week.Price Target Changed • Sep 27Price target decreased by 8.8% to HK$6.06Down from HK$6.64, the current price target is an average from 7 analysts. New target price is 23% above last closing price of HK$4.94. Stock is down 21% over the past year. The company is forecast to post a net loss per share of HK$0.064 next year compared to a net loss per share of HK$1.16 last year.分析記事 • Sep 24There's Reason For Concern Over Melco International Development Limited's (HKG:200) PriceIt's not a stretch to say that Melco International Development Limited's ( HKG:200 ) price-to-sales (or "P/S") ratio of...Reported Earnings • Sep 01First half 2024 earnings released: HK$0.17 loss per share (vs HK$0.49 loss in 1H 2023)First half 2024 results: HK$0.17 loss per share (improved from HK$0.49 loss in 1H 2023). Revenue: HK$17.8b (up 36% from 1H 2023). Net loss: HK$253.2m (loss narrowed 66% from 1H 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Major Estimate Revision • Aug 24Consensus EPS estimates fall from profit to HK$0.018 lossThe consensus outlook for fiscal year 2024 has been updated. Now expected to report loss of -HK$0.0176 instead of HK$0.009 per share profit in 2024. Revenue forecast reaffirmed at HK$36.4b. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target down from HK$6.64 to HK$6.33. Share price was steady at HK$4.19 over the past week.Price Target Changed • Aug 23Price target decreased by 11% to HK$6.33Down from HK$7.14, the current price target is an average from 7 analysts. New target price is 51% above last closing price of HK$4.19. Stock is down 40% over the past year. The company is forecast to post earnings per share of HK$0.009 next year compared to a net loss per share of HK$1.16 last year.お知らせ • Aug 20Melco International Development Limited to Report First Half, 2024 Results on Aug 30, 2024Melco International Development Limited announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • Jun 28Here's Why Melco International Development (HKG:200) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Recent Insider Transactions • Jun 08Executive Chairman & CEO recently bought HK$152k worth of stockOn the 30th of May, Yau Lung Ho bought around 24k shares on-market at roughly HK$6.34 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$3.4m. Yau Lung has been a buyer over the last 12 months, purchasing a net total of HK$3.5m worth in shares.分析記事 • Jun 06Shareholders May Be More Conservative With Melco International Development Limited's (HKG:200) CEO Compensation For NowKey Insights Melco International Development will host its Annual General Meeting on 13th of June Salary of HK$18.8m is...Recent Insider Transactions • May 31Independent Non-executive Director recently sold HK$630k worth of stockOn the 27th of May, Che Yin Tsui sold around 100k shares on-market at roughly HK$6.30 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth HK$802k. Insiders have been net sellers, collectively disposing of HK$4.2m more than they bought in the last 12 months.Recent Insider Transactions • May 27Executive Chairman & CEO recently bought HK$3.4m worth of stockOn the 20th of May, Yau Lung Ho bought around 500k shares on-market at roughly HK$6.77 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Yau Lung's only on-market trade for the last 12 months.分析記事 • May 02Melco International Development Limited's (HKG:200) Price Is Right But Growth Is LackingWhen you see that almost half of the companies in the Hospitality industry in Hong Kong have price-to-sales ratios (or...Reported Earnings • Apr 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: HK$1.16 loss per share (improved from HK$3.40 loss in FY 2022). Revenue: HK$29.5b (up 180% from FY 2022). Net loss: HK$1.74b (loss narrowed 66% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Major Estimate Revision • Apr 18Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from HK$36.8b to HK$36.2b. Now expected to report a loss of HK$0.58 per share instead of HK$0.289 per share profit previously forecast. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target broadly unchanged at HK$6.90. Share price fell 11% to HK$5.10 over the past week.Recent Insider Transactions • Apr 10Executive Chairman & CEO recently bought HK$5.5m worth of stockOn the 2nd of April, Yau Lung Ho bought around 1m shares on-market at roughly HK$5.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Yau Lung's only on-market trade for the last 12 months.お知らせ • Mar 29Melco International Development Limited, Annual General Meeting, Jun 13, 2024Melco International Development Limited, Annual General Meeting, Jun 13, 2024.Reported Earnings • Mar 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: HK$1.16 loss per share (improved from HK$3.40 loss in FY 2022). Revenue: HK$29.5b (up 180% from FY 2022). Net loss: HK$1.74b (loss narrowed 66% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.お知らせ • Mar 16Melco International Development Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024Melco International Development Limited announced that they will report fiscal year 2023 final results on Mar 28, 2024Price Target Changed • Feb 05Price target decreased by 11% to HK$7.00Down from HK$7.85, the current price target is an average from 6 analysts. New target price is 32% above last closing price of HK$5.30. Stock is down 47% over the past year. The company is forecast to post a net loss per share of HK$1.19 next year compared to a net loss per share of HK$3.40 last year.Major Estimate Revision • Jan 12Consensus EPS estimates fall by 64%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -HK$0.742 to -HK$1.22 per share. Revenue forecast unchanged at HK$29.5b. Hospitality industry in Hong Kong expected to see average net income growth of 98% next year. Consensus price target broadly unchanged at HK$7.77. Share price was steady at HK$5.30 over the past week.分析記事 • Dec 20Not Many Are Piling Into Melco International Development Limited (HKG:200) Just YetYou may think that with a price-to-sales (or "P/S") ratio of 0.5x Melco International Development Limited ( HKG:200...Major Estimate Revision • Dec 14Consensus EPS estimates upgraded to HK$0.74 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -HK$0.828 to -HK$0.742 per share. Revenue forecast steady at HK$29.2b. Hospitality industry in Hong Kong expected to see average net income growth of 99% next year. Consensus price target down from HK$8.97 to HK$7.92. Share price was steady at HK$5.16 over the past week.Price Target Changed • Dec 13Price target decreased by 16% to HK$7.92Down from HK$9.42, the current price target is an average from 6 analysts. New target price is 55% above last closing price of HK$5.10. Stock is down 43% over the past year. The company is forecast to post a net loss per share of HK$0.74 next year compared to a net loss per share of HK$3.40 last year.Price Target Changed • Nov 15Price target decreased by 10.0% to HK$9.42Down from HK$10.46, the current price target is an average from 6 analysts. New target price is 72% above last closing price of HK$5.47. Stock is down 8.7% over the past year. The company is forecast to post a net loss per share of HK$0.91 next year compared to a net loss per share of HK$3.40 last year.Major Estimate Revision • Nov 11Consensus EPS estimates upgraded to HK$0.77 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from HK$30.6b to HK$29.9b. 2023 losses expected to reduce from -HK$1.05 to -HK$0.773 per share. Hospitality industry in Hong Kong expected to see average net income growth of 118% next year. Consensus price target down from HK$10.46 to HK$10.00. Share price fell 4.6% to HK$5.21 over the past week.Price Target Changed • Nov 10Price target decreased by 7.4% to HK$10.30Down from HK$11.12, the current price target is an average from 5 analysts. New target price is 98% above last closing price of HK$5.21. Stock is down 0.6% over the past year. The company is forecast to post a net loss per share of HK$0.76 next year compared to a net loss per share of HK$3.40 last year.分析記事 • Nov 07Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Recent Insider Transactions • Oct 05Independent Non-executive Director recently sold HK$2.2m worth of stockOn the 27th of September, Che Yin Tsui sold around 350k shares on-market at roughly HK$6.20 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$21m more than they bought in the last 12 months.Price Target Changed • Sep 19Price target decreased by 7.2% to HK$11.12Down from HK$11.98, the current price target is an average from 5 analysts. New target price is 75% above last closing price of HK$6.34. Stock is up 3.1% over the past year. The company is forecast to post a net loss per share of HK$1.05 next year compared to a net loss per share of HK$3.40 last year.お知らせ • Sep 02Melco International Development Limited Announces Executive ChangesMelco International Development Limited announced that Mr. Ng Ching Wo ("Mr. Ng"), in pursuit of his retirement plan, has resigned as Non-executive director (the "Director(s)") and ceased to be member of the Audit Committee, the Remuneration Committee and the Nomination and Corporate Governance Committee of the Company with effect from 1 September 2023; andMs. Karuna Evelyne Shinsho, an Independent Non-executive Director, has been appointed as a member of the Audit Committee of the Company with effect from 1 September 2023 upon the retirement of Mr. Ng.Reported Earnings • Sep 01First half 2023 earnings released: HK$0.49 loss per share (vs HK$1.58 loss in 1H 2022)First half 2023 results: HK$0.49 loss per share (improved from HK$1.58 loss in 1H 2022). Revenue: HK$13.0b (up 116% from 1H 2022). Net loss: HK$733.2m (loss narrowed 69% from 1H 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.お知らせ • Aug 19Melco International Development Limited to Report First Half, 2023 Results on Aug 31, 2023Melco International Development Limited announced that they will report first half, 2023 results on Aug 31, 2023お知らせ • Jun 24Melco International Development Limited Appoints John William Crawford as an Additional Member to the Remuneration CommitteeThe board of Melco International Development Limited announced that Mr. John William Crawford, an independent non-executive director, has been appointed as an additional member to the remuneration committee of the company (the remuneration committee) with effect from 23 June 2023. Following the appointment, the Remuneration Committee comprises four members, namely Mr. Tsui Che Yin, Frank (Chairman of the Remuneration Committee), Mr. Ng Ching Wo, Mr. John William Crawford and Ms. Karuna Evelyne Shinsho.Major Estimate Revision • May 19Consensus EPS estimates upgraded to HK$1.09 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -HK$1.39 per share to -HK$1.09 per share. Revenue forecast reaffirmed at HK$28.6b. Hospitality industry in Hong Kong expected to see average net income growth of 162% next year. Consensus price target broadly unchanged at HK$11.96. Share price was steady at HK$7.84 over the past week.Reported Earnings • Apr 30Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: HK$3.40 loss per share (further deteriorated from HK$2.52 loss in FY 2021). Revenue: HK$10.6b (down 32% from FY 2021). Net loss: HK$5.11b (loss widened 34% from FY 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Apr 15Consensus EPS estimates fall by 11%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from HK$25.6b to HK$25.9b. Forecast EPS reduced from -HK$1.70 to -HK$1.90 per share. Hospitality industry in Hong Kong expected to see average net income growth of 162% next year. Consensus price target broadly unchanged at HK$11.87. Share price fell 2.6% to HK$9.13 over the past week.分析記事 • Apr 10Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Mar 16Should You Investigate Melco International Development Limited (HKG:200) At HK$8.69?Melco International Development Limited ( HKG:200 ), might not be a large cap stock, but it saw a decent share price...Price Target Changed • Jan 14Price target increased to HK$10.33Up from HK$9.50, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of HK$10.52. Stock is up 14% over the past year. The company is forecast to post a net loss per share of HK$3.99 next year compared to a net loss per share of HK$2.52 last year.分析記事 • Jan 11Analysts Just Made A Major Revision To Their Melco International Development Limited (HKG:200) Revenue ForecastsOne thing we could say about the analysts on Melco International Development Limited ( HKG:200 ) - they aren't...Major Estimate Revision • Jan 04Consensus revenue estimates fall by 12%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from HK$14.8b to HK$13.0b. Forecast losses increased from -HK$3.29 to -HK$3.64 per share. Hospitality industry in Hong Kong expected to see average net income growth of 122% next year. Consensus price target up from HK$8.71 to HK$9.50. Share price rose 6.5% to HK$9.04 over the past week.Price Target Changed • Dec 19Price target increased to HK$9.10Up from HK$8.30, the current price target is an average from 7 analysts. New target price is 15% above last closing price of HK$7.92. Stock is down 4.5% over the past year. The company is forecast to post a net loss per share of HK$3.42 next year compared to a net loss per share of HK$2.52 last year.分析記事 • Dec 13Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Major Estimate Revision • Dec 03Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$15.9b to HK$14.8b. Losses expected to increase from HK$2.84 per share to HK$3.29. Hospitality industry in Hong Kong expected to see average net income growth of 129% next year. Consensus price target broadly unchanged at HK$8.39. Share price rose 35% to HK$6.80 over the past week.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director John William Crawford was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Major Estimate Revision • Oct 18Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$16.6b to HK$16.2b. Losses expected to increase from HK$2.86 per share to HK$3.27. Hospitality industry in Hong Kong expected to see average net income growth of 177% next year. Consensus price target down from HK$8.41 to HK$8.19. Share price fell 11% to HK$5.14 over the past week.Reported Earnings • Sep 01First half 2022 earnings released: HK$1.58 loss per share (vs HK$1.09 loss in 1H 2021)First half 2022 results: HK$1.58 loss per share (down from HK$1.09 loss in 1H 2021). Revenue: HK$6.03b (down 28% from 1H 2021). Net loss: HK$2.37b (loss widened 44% from 1H 2021). Over the next year, revenue is forecast to grow 64%, compared to a 43% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • May 22President recently sold HK$538k worth of stockOn the 17th of May, Evan Winkler sold around 100k shares on-market at roughly HK$5.38 per share. This was the largest sale by an insider in the last 3 months. Evan has been a seller over the last 12 months, reducing personal holdings by HK$1.1m.Reported Earnings • May 02Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: HK$2.52 loss per share (up from HK$4.19 loss in FY 2020). Revenue: HK$15.6b (up 17% from FY 2020). Net loss: HK$3.81b (loss narrowed 40% from FY 2020). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 20%, compared to a 38% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Apr 27Consensus EPS estimates fall by 126%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$19.7b to HK$18.8b. Losses expected to increase from HK$1.01 per share to HK$2.27. Hospitality industry in Hong Kong expected to see average net income growth of 35% next year. Consensus price target down from HK$11.13 to HK$9.68. Share price fell 7.3% to HK$6.12 over the past week.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director John William Crawford was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Price Target Changed • Apr 21Price target decreased to HK$10.05Down from HK$11.49, the current price target is an average from 6 analysts. New target price is 52% above last closing price of HK$6.60. Stock is down 57% over the past year. The company is forecast to post a net loss per share of HK$1.01 next year compared to a net loss per share of HK$2.52 last year.Major Estimate Revision • Apr 15Consensus estimates of losses per share improve by 53%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from HK$18.6b to HK$19.7b. EPS estimate increased from -HK$2.14 per share to -HK$1.01 per share. Hospitality industry in Hong Kong expected to see average net income growth of 36% next year. Consensus price target down from HK$11.49 to HK$11.13. Share price was steady at HK$6.80 over the past week.分析記事 • Apr 07Melco International Development Limited (HKG:200) Analysts Just Slashed This Year's Revenue Estimates By 21%One thing we could say about the analysts on Melco International Development Limited ( HKG:200 ) - they aren't...Major Estimate Revision • Apr 07Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from HK$23.4b to HK$18.6b. EPS estimate unchanged from -HK$2.14 per share at last update. Hospitality industry in Hong Kong expected to see average net income growth of 33% next year. Consensus price target broadly unchanged at HK$11.49. Share price fell 7.5% to HK$6.70 over the past week.Reported Earnings • Apr 01Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: HK$2.52 loss per share (up from HK$4.19 loss in FY 2020). Revenue: HK$15.6b (up 17% from FY 2020). Net loss: HK$3.81b (loss narrowed 40% from FY 2020). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 30%. Over the next year, revenue is forecast to grow 50%, compared to a 50% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Recent Insider Transactions Derivative • Jan 30Executive Director exercised options and sold HK$368k worth of stockOn the 24th of January, Yuk Man Chung exercised options to acquire 38k shares at no cost and sold these for an average price of HK$9.68 per share. This trade did not impact their existing holding. Since June 2021, Yuk Man has owned 3.09m shares directly. Company insiders have collectively bought HK$74m more than they sold, via options and on-market transactions, in the last 12 months.Price Target Changed • Jan 17Price target decreased to HK$11.52Down from HK$12.85, the current price target is an average from 7 analysts. New target price is 19% above last closing price of HK$9.72. Stock is down 30% over the past year. The company is forecast to post a net loss per share of HK$3.63 next year compared to a net loss per share of HK$4.19 last year.Price Target Changed • Nov 25Price target increased to HK$13.24Up from HK$12.29, the current price target is an average from 7 analysts. New target price is 16% above last closing price of HK$11.42. Stock is down 25% over the past year. The company is forecast to post a net loss per share of HK$3.29 next year compared to a net loss per share of HK$4.19 last year.Price Target Changed • Oct 21Price target decreased to HK$12.29Down from HK$14.24, the current price target is an average from 7 analysts. New target price is 26% above last closing price of HK$9.79. Stock is down 26% over the past year. The company is forecast to post a net loss per share of HK$3.30 next year compared to a net loss per share of HK$4.19 last year.分析記事 • Oct 13Is Melco International Development (HKG:200) Weighed On By Its Debt Load?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Sep 15Price target decreased to HK$14.49Down from HK$15.88, the current price target is an average from 7 analysts. New target price is 58% above last closing price of HK$9.17. Stock is down 46% over the past year.業績と収益の成長予測SEHK:200 - アナリストの将来予測と過去の財務データ ( )HKD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202743,9401,6677,8929,128312/31/202641,8209566,6286,465312/31/202540,2411,0587,59110,247N/A9/30/202539,3064397,0439,802N/A6/30/202538,372-1816,4949,357N/A3/31/202537,272-4836,4439,042N/A12/31/202436,173-7856,3938,728N/A9/30/202435,216-1,0246,7158,873N/A6/30/202434,259-1,2647,0379,018N/A3/31/202431,895-1,5046,8388,763N/A12/31/202329,532-1,7446,6408,508N/A9/30/202323,555-2,6082,6324,890N/A6/30/202317,579-3,472-1,3751,272N/A3/31/202314,072-4,292-3,843-394N/A12/31/202210,566-5,113-6,311-2,060N/A9/30/202211,902-4,825-5,656-850N/A6/30/202213,239-4,536-5,001359N/A3/31/202214,439-4,172-4,762450N/A12/31/202115,639-3,809-4,522542N/A9/30/202114,903-4,066-5,058-316N/A6/30/202114,167-4,322-5,594-1,173N/A3/31/202113,796-5,331-7,213-3,230N/A12/31/202013,424-6,340-8,833-5,287N/A9/30/202021,871-4,889-5,406-2,168N/A6/30/202030,318-3,438-1,980952N/A3/31/202037,653-1,3741,5854,815N/A12/31/201944,9886905,1508,677N/A9/30/201944,142665N/A9,987N/A6/30/201943,295640N/A11,296N/A3/31/201942,017581N/A10,759N/A12/31/201840,739523N/A10,222N/A9/30/201840,810588N/A9,347N/A6/30/201840,881654N/A8,471N/A3/31/201841,038564N/A9,492N/A12/31/201741,195474N/A10,513N/A9/30/201739,809319N/A10,988N/A6/30/201738,423163N/A11,462N/A3/31/201731,1435,265N/A9,827N/A12/31/201623,86210,366N/A8,193N/A9/30/201614,81510,362N/A4,930N/A6/30/20165,76710,357N/A1,668N/A3/31/20163,1025,229N/A829N/A12/31/2015437101N/A-10N/A9/30/2015412396N/A-17N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 200の予測収益成長率 (年間15.9% ) は 貯蓄率 ( 3% ) を上回っています。収益対市場: 200の収益 ( 15.9% ) はHong Kong市場 ( 12.7% ) よりも速いペースで成長すると予測されています。高成長収益: 200の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 200の収益 ( 4.4% ) Hong Kong市場 ( 8.9% ) よりも低い成長が予測されています。高い収益成長: 200の収益 ( 4.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 200の 自己資本利益率 は、3年後には高くなると予測されています ( 28.8 %)成長企業の発掘7D1Y7D1Y7D1YConsumer-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/10 23:54終値2026/07/10 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Melco International Development Limited 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。16 アナリスト機関Ronald LeungBofA Global ResearchShengyong GohChina International Capital Corporation LimitedAngela Han LeeChina Merchants Securities (HK) Co., Ltd13 その他のアナリストを表示
Major Estimate Revision • Jun 05Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 consensus EPS estimate fell from HK$0.50 to HK$0.44. Revenue forecast reaffirmed at HK$42.4b. Net income forecast to shrink 11% next year vs 33% growth forecast for Hospitality industry in Hong Kong . Consensus price target up from HK$5.30 to HK$5.44. Share price rose 2.7% to HK$3.86 over the past week.
Price Target Changed • Sep 03Price target increased by 10% to HK$5.72Up from HK$5.18, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of HK$5.87. Stock is up 43% over the past year. The company is forecast to post earnings per share of HK$0.25 next year compared to a net loss per share of HK$0.52 last year.
Major Estimate Revision • Jun 03Consensus estimates of losses per share improve by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from HK$38.5b to HK$38.9b. EPS estimate increased from -HK$0.582 per share to -HK$0.333 per share. Hospitality industry in Hong Kong expected to see average net income growth of 27% next year. Consensus price target down from HK$3.75 to HK$3.67. Share price fell 4.1% to HK$3.31 over the past week.
Major Estimate Revision • May 06Consensus EPS estimates upgraded to HK$0.58 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -HK$0.84 to -HK$0.582 per share. Revenue forecast steady at HK$38.0b. Hospitality industry in Hong Kong expected to see average net income growth of 32% next year. Consensus price target down from HK$4.68 to HK$3.92. Share price fell 2.4% to HK$3.23 over the past week.
Price Target Changed • Apr 22Price target decreased by 9.3% to HK$4.65Down from HK$5.13, the current price target is an average from 6 analysts. New target price is 36% above last closing price of HK$3.42. Stock is down 36% over the past year. The company is forecast to post a net loss per share of HK$0.84 next year compared to a net loss per share of HK$0.52 last year.
Major Estimate Revision • Apr 16Consensus EPS estimates fall from profit to HK$0.41 lossThe consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -HK$0.41 instead of HK$0.02 per share profit previously forecast. Revenue forecast unchanged at HK$37.8b Hospitality industry in Hong Kong expected to see average net income growth of 30% next year. Consensus price target down from HK$5.13 to HK$4.97. Share price was steady at HK$3.37 over the past week.
Major Estimate Revision • Jun 05Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 consensus EPS estimate fell from HK$0.50 to HK$0.44. Revenue forecast reaffirmed at HK$42.4b. Net income forecast to shrink 11% next year vs 33% growth forecast for Hospitality industry in Hong Kong . Consensus price target up from HK$5.30 to HK$5.44. Share price rose 2.7% to HK$3.86 over the past week.
New Risk • Jun 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding).
分析記事 • May 06There May Be Underlying Issues With The Quality Of Melco International Development's (HKG:200) EarningsDespite posting some strong earnings, the market for Melco International Development Limited's ( HKG:200 ) stock hasn't...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$4.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Hospitality industry in Hong Kong. Total loss to shareholders of 41% over the past three years.
Reported Earnings • Apr 02Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: HK$0.50 (up from HK$0.52 loss in FY 2024). Revenue: HK$40.2b (up 11% from FY 2024). Net income: HK$1.06b (up HK$1.84b from FY 2024). Profit margin: 2.6% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Apr 01Melco International Development Limited, Annual General Meeting, Jun 08, 2026Melco International Development Limited, Annual General Meeting, Jun 08, 2026.
お知らせ • Mar 18Melco International Development Limited to Report Fiscal Year 2025 Results on Mar 31, 2026Melco International Development Limited announced that they will report fiscal year 2025 results on Mar 31, 2026
分析記事 • Nov 19There's Been No Shortage Of Growth Recently For Melco International Development's (HKG:200) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Oct 30Risks Still Elevated At These Prices As Melco International Development Limited (HKG:200) Shares Dive 25%Melco International Development Limited ( HKG:200 ) shares have had a horrible month, losing 25% after a relatively...
分析記事 • Sep 18These 4 Measures Indicate That Melco International Development (HKG:200) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Price Target Changed • Sep 03Price target increased by 10% to HK$5.72Up from HK$5.18, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of HK$5.87. Stock is up 43% over the past year. The company is forecast to post earnings per share of HK$0.25 next year compared to a net loss per share of HK$0.52 last year.
Reported Earnings • Aug 31First half 2025 earnings released: EPS: HK$0.18 (vs HK$0.17 loss in 1H 2024)First half 2025 results: EPS: HK$0.18 (up from HK$0.17 loss in 1H 2024). Revenue: HK$20.0b (up 12% from 1H 2024). Net income: HK$350.8m (up HK$604.0m from 1H 2024). Profit margin: 1.8% (up from net loss in 1H 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 18Melco International Development Limited to Report First Half, 2025 Results on Aug 29, 2025Melco International Development Limited announced that they will report first half, 2025 results on Aug 29, 2025
New Risk • Jul 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
分析記事 • Jul 02There's Reason For Concern Over Melco International Development Limited's (HKG:200) Massive 39% Price JumpMelco International Development Limited ( HKG:200 ) shareholders would be excited to see that the share price has had a...
New Risk • Jun 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
New Risk • Jun 04New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: HK$785m Forecast net loss in 2 years: HK$239m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Jun 03Consensus estimates of losses per share improve by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from HK$38.5b to HK$38.9b. EPS estimate increased from -HK$0.582 per share to -HK$0.333 per share. Hospitality industry in Hong Kong expected to see average net income growth of 27% next year. Consensus price target down from HK$3.75 to HK$3.67. Share price fell 4.1% to HK$3.31 over the past week.
分析記事 • May 29Shareholders Will Probably Hold Off On Increasing Melco International Development Limited's (HKG:200) CEO Compensation For The Time BeingKey Insights Melco International Development to hold its Annual General Meeting on 5th of June Total pay for CEO...
Major Estimate Revision • May 06Consensus EPS estimates upgraded to HK$0.58 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -HK$0.84 to -HK$0.582 per share. Revenue forecast steady at HK$38.0b. Hospitality industry in Hong Kong expected to see average net income growth of 32% next year. Consensus price target down from HK$4.68 to HK$3.92. Share price fell 2.4% to HK$3.23 over the past week.
Reported Earnings • May 01Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: HK$0.52 loss per share (improved from HK$1.16 loss in FY 2023). Revenue: HK$36.2b (up 23% from FY 2023). Net loss: HK$784.6m (loss narrowed 55% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Apr 26Melco International Development Limited has filed a Follow-on Equity Offering in the amount of HKD 780.030455 million.Melco International Development Limited has filed a Follow-on Equity Offering in the amount of HKD 780.030455 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 758,341,877 Price\Range: HKD 1.0286 Discount Per Security: HKD 0.0116 Transaction Features: Rights Offering
分析記事 • Apr 25Melco International Development (HKG:200) Has More To Do To Multiply In Value Going ForwardDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Price Target Changed • Apr 22Price target decreased by 9.3% to HK$4.65Down from HK$5.13, the current price target is an average from 6 analysts. New target price is 36% above last closing price of HK$3.42. Stock is down 36% over the past year. The company is forecast to post a net loss per share of HK$0.84 next year compared to a net loss per share of HK$0.52 last year.
Major Estimate Revision • Apr 16Consensus EPS estimates fall from profit to HK$0.41 lossThe consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -HK$0.41 instead of HK$0.02 per share profit previously forecast. Revenue forecast unchanged at HK$37.8b Hospitality industry in Hong Kong expected to see average net income growth of 30% next year. Consensus price target down from HK$5.13 to HK$4.97. Share price was steady at HK$3.37 over the past week.
Reported Earnings • Mar 30Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: HK$0.52 loss per share (improved from HK$1.16 loss in FY 2023). Revenue: HK$36.2b (up 23% from FY 2023). Net loss: HK$784.6m (loss narrowed 55% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Mar 29Melco International Development Limited, Annual General Meeting, Jun 05, 2025Melco International Development Limited, Annual General Meeting, Jun 05, 2025.
お知らせ • Mar 24Melco International Development Limited(SEHK:200) dropped from FTSE All-World Index (USD)Melco International Development Limited(SEHK:200) dropped from FTSE All-World Index (USD)
お知らせ • Mar 17Melco International Development Limited to Report Fiscal Year 2024 Results on Mar 28, 2025Melco International Development Limited announced that they will report fiscal year 2024 results on Mar 28, 2025
分析記事 • Jan 30Melco International Development Limited's (HKG:200) Revenues Are Not Doing Enough For Some InvestorsWhen you see that almost half of the companies in the Hospitality industry in Hong Kong have price-to-sales ratios (or...
Price Target Changed • Jan 14Price target decreased by 7.2% to HK$5.48Down from HK$5.90, the current price target is an average from 8 analysts. New target price is 27% above last closing price of HK$4.31. Stock is down 20% over the past year. The company is forecast to post a net loss per share of HK$0.65 next year compared to a net loss per share of HK$1.16 last year.
分析記事 • Dec 24Melco International Development (HKG:200) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Nov 09New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: HK$1.3b Forecast net loss in 2 years: HK$119m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Nov 08Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -HK$0.531 to -HK$0.637 per share. Revenue forecast unchanged at HK$35.7b. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target broadly unchanged at HK$6.00. Share price rose 10.0% to HK$5.30 over the past week.
Price Target Changed • Sep 27Price target decreased by 8.8% to HK$6.06Down from HK$6.64, the current price target is an average from 7 analysts. New target price is 23% above last closing price of HK$4.94. Stock is down 21% over the past year. The company is forecast to post a net loss per share of HK$0.064 next year compared to a net loss per share of HK$1.16 last year.
分析記事 • Sep 24There's Reason For Concern Over Melco International Development Limited's (HKG:200) PriceIt's not a stretch to say that Melco International Development Limited's ( HKG:200 ) price-to-sales (or "P/S") ratio of...
Reported Earnings • Sep 01First half 2024 earnings released: HK$0.17 loss per share (vs HK$0.49 loss in 1H 2023)First half 2024 results: HK$0.17 loss per share (improved from HK$0.49 loss in 1H 2023). Revenue: HK$17.8b (up 36% from 1H 2023). Net loss: HK$253.2m (loss narrowed 66% from 1H 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Aug 24Consensus EPS estimates fall from profit to HK$0.018 lossThe consensus outlook for fiscal year 2024 has been updated. Now expected to report loss of -HK$0.0176 instead of HK$0.009 per share profit in 2024. Revenue forecast reaffirmed at HK$36.4b. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target down from HK$6.64 to HK$6.33. Share price was steady at HK$4.19 over the past week.
Price Target Changed • Aug 23Price target decreased by 11% to HK$6.33Down from HK$7.14, the current price target is an average from 7 analysts. New target price is 51% above last closing price of HK$4.19. Stock is down 40% over the past year. The company is forecast to post earnings per share of HK$0.009 next year compared to a net loss per share of HK$1.16 last year.
お知らせ • Aug 20Melco International Development Limited to Report First Half, 2024 Results on Aug 30, 2024Melco International Development Limited announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • Jun 28Here's Why Melco International Development (HKG:200) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Recent Insider Transactions • Jun 08Executive Chairman & CEO recently bought HK$152k worth of stockOn the 30th of May, Yau Lung Ho bought around 24k shares on-market at roughly HK$6.34 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$3.4m. Yau Lung has been a buyer over the last 12 months, purchasing a net total of HK$3.5m worth in shares.
分析記事 • Jun 06Shareholders May Be More Conservative With Melco International Development Limited's (HKG:200) CEO Compensation For NowKey Insights Melco International Development will host its Annual General Meeting on 13th of June Salary of HK$18.8m is...
Recent Insider Transactions • May 31Independent Non-executive Director recently sold HK$630k worth of stockOn the 27th of May, Che Yin Tsui sold around 100k shares on-market at roughly HK$6.30 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth HK$802k. Insiders have been net sellers, collectively disposing of HK$4.2m more than they bought in the last 12 months.
Recent Insider Transactions • May 27Executive Chairman & CEO recently bought HK$3.4m worth of stockOn the 20th of May, Yau Lung Ho bought around 500k shares on-market at roughly HK$6.77 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Yau Lung's only on-market trade for the last 12 months.
分析記事 • May 02Melco International Development Limited's (HKG:200) Price Is Right But Growth Is LackingWhen you see that almost half of the companies in the Hospitality industry in Hong Kong have price-to-sales ratios (or...
Reported Earnings • Apr 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: HK$1.16 loss per share (improved from HK$3.40 loss in FY 2022). Revenue: HK$29.5b (up 180% from FY 2022). Net loss: HK$1.74b (loss narrowed 66% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Apr 18Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from HK$36.8b to HK$36.2b. Now expected to report a loss of HK$0.58 per share instead of HK$0.289 per share profit previously forecast. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target broadly unchanged at HK$6.90. Share price fell 11% to HK$5.10 over the past week.
Recent Insider Transactions • Apr 10Executive Chairman & CEO recently bought HK$5.5m worth of stockOn the 2nd of April, Yau Lung Ho bought around 1m shares on-market at roughly HK$5.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Yau Lung's only on-market trade for the last 12 months.
お知らせ • Mar 29Melco International Development Limited, Annual General Meeting, Jun 13, 2024Melco International Development Limited, Annual General Meeting, Jun 13, 2024.
Reported Earnings • Mar 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: HK$1.16 loss per share (improved from HK$3.40 loss in FY 2022). Revenue: HK$29.5b (up 180% from FY 2022). Net loss: HK$1.74b (loss narrowed 66% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
お知らせ • Mar 16Melco International Development Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024Melco International Development Limited announced that they will report fiscal year 2023 final results on Mar 28, 2024
Price Target Changed • Feb 05Price target decreased by 11% to HK$7.00Down from HK$7.85, the current price target is an average from 6 analysts. New target price is 32% above last closing price of HK$5.30. Stock is down 47% over the past year. The company is forecast to post a net loss per share of HK$1.19 next year compared to a net loss per share of HK$3.40 last year.
Major Estimate Revision • Jan 12Consensus EPS estimates fall by 64%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -HK$0.742 to -HK$1.22 per share. Revenue forecast unchanged at HK$29.5b. Hospitality industry in Hong Kong expected to see average net income growth of 98% next year. Consensus price target broadly unchanged at HK$7.77. Share price was steady at HK$5.30 over the past week.
分析記事 • Dec 20Not Many Are Piling Into Melco International Development Limited (HKG:200) Just YetYou may think that with a price-to-sales (or "P/S") ratio of 0.5x Melco International Development Limited ( HKG:200...
Major Estimate Revision • Dec 14Consensus EPS estimates upgraded to HK$0.74 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -HK$0.828 to -HK$0.742 per share. Revenue forecast steady at HK$29.2b. Hospitality industry in Hong Kong expected to see average net income growth of 99% next year. Consensus price target down from HK$8.97 to HK$7.92. Share price was steady at HK$5.16 over the past week.
Price Target Changed • Dec 13Price target decreased by 16% to HK$7.92Down from HK$9.42, the current price target is an average from 6 analysts. New target price is 55% above last closing price of HK$5.10. Stock is down 43% over the past year. The company is forecast to post a net loss per share of HK$0.74 next year compared to a net loss per share of HK$3.40 last year.
Price Target Changed • Nov 15Price target decreased by 10.0% to HK$9.42Down from HK$10.46, the current price target is an average from 6 analysts. New target price is 72% above last closing price of HK$5.47. Stock is down 8.7% over the past year. The company is forecast to post a net loss per share of HK$0.91 next year compared to a net loss per share of HK$3.40 last year.
Major Estimate Revision • Nov 11Consensus EPS estimates upgraded to HK$0.77 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from HK$30.6b to HK$29.9b. 2023 losses expected to reduce from -HK$1.05 to -HK$0.773 per share. Hospitality industry in Hong Kong expected to see average net income growth of 118% next year. Consensus price target down from HK$10.46 to HK$10.00. Share price fell 4.6% to HK$5.21 over the past week.
Price Target Changed • Nov 10Price target decreased by 7.4% to HK$10.30Down from HK$11.12, the current price target is an average from 5 analysts. New target price is 98% above last closing price of HK$5.21. Stock is down 0.6% over the past year. The company is forecast to post a net loss per share of HK$0.76 next year compared to a net loss per share of HK$3.40 last year.
分析記事 • Nov 07Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Recent Insider Transactions • Oct 05Independent Non-executive Director recently sold HK$2.2m worth of stockOn the 27th of September, Che Yin Tsui sold around 350k shares on-market at roughly HK$6.20 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$21m more than they bought in the last 12 months.
Price Target Changed • Sep 19Price target decreased by 7.2% to HK$11.12Down from HK$11.98, the current price target is an average from 5 analysts. New target price is 75% above last closing price of HK$6.34. Stock is up 3.1% over the past year. The company is forecast to post a net loss per share of HK$1.05 next year compared to a net loss per share of HK$3.40 last year.
お知らせ • Sep 02Melco International Development Limited Announces Executive ChangesMelco International Development Limited announced that Mr. Ng Ching Wo ("Mr. Ng"), in pursuit of his retirement plan, has resigned as Non-executive director (the "Director(s)") and ceased to be member of the Audit Committee, the Remuneration Committee and the Nomination and Corporate Governance Committee of the Company with effect from 1 September 2023; andMs. Karuna Evelyne Shinsho, an Independent Non-executive Director, has been appointed as a member of the Audit Committee of the Company with effect from 1 September 2023 upon the retirement of Mr. Ng.
Reported Earnings • Sep 01First half 2023 earnings released: HK$0.49 loss per share (vs HK$1.58 loss in 1H 2022)First half 2023 results: HK$0.49 loss per share (improved from HK$1.58 loss in 1H 2022). Revenue: HK$13.0b (up 116% from 1H 2022). Net loss: HK$733.2m (loss narrowed 69% from 1H 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
お知らせ • Aug 19Melco International Development Limited to Report First Half, 2023 Results on Aug 31, 2023Melco International Development Limited announced that they will report first half, 2023 results on Aug 31, 2023
お知らせ • Jun 24Melco International Development Limited Appoints John William Crawford as an Additional Member to the Remuneration CommitteeThe board of Melco International Development Limited announced that Mr. John William Crawford, an independent non-executive director, has been appointed as an additional member to the remuneration committee of the company (the remuneration committee) with effect from 23 June 2023. Following the appointment, the Remuneration Committee comprises four members, namely Mr. Tsui Che Yin, Frank (Chairman of the Remuneration Committee), Mr. Ng Ching Wo, Mr. John William Crawford and Ms. Karuna Evelyne Shinsho.
Major Estimate Revision • May 19Consensus EPS estimates upgraded to HK$1.09 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -HK$1.39 per share to -HK$1.09 per share. Revenue forecast reaffirmed at HK$28.6b. Hospitality industry in Hong Kong expected to see average net income growth of 162% next year. Consensus price target broadly unchanged at HK$11.96. Share price was steady at HK$7.84 over the past week.
Reported Earnings • Apr 30Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: HK$3.40 loss per share (further deteriorated from HK$2.52 loss in FY 2021). Revenue: HK$10.6b (down 32% from FY 2021). Net loss: HK$5.11b (loss widened 34% from FY 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Apr 15Consensus EPS estimates fall by 11%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from HK$25.6b to HK$25.9b. Forecast EPS reduced from -HK$1.70 to -HK$1.90 per share. Hospitality industry in Hong Kong expected to see average net income growth of 162% next year. Consensus price target broadly unchanged at HK$11.87. Share price fell 2.6% to HK$9.13 over the past week.
分析記事 • Apr 10Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Mar 16Should You Investigate Melco International Development Limited (HKG:200) At HK$8.69?Melco International Development Limited ( HKG:200 ), might not be a large cap stock, but it saw a decent share price...
Price Target Changed • Jan 14Price target increased to HK$10.33Up from HK$9.50, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of HK$10.52. Stock is up 14% over the past year. The company is forecast to post a net loss per share of HK$3.99 next year compared to a net loss per share of HK$2.52 last year.
分析記事 • Jan 11Analysts Just Made A Major Revision To Their Melco International Development Limited (HKG:200) Revenue ForecastsOne thing we could say about the analysts on Melco International Development Limited ( HKG:200 ) - they aren't...
Major Estimate Revision • Jan 04Consensus revenue estimates fall by 12%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from HK$14.8b to HK$13.0b. Forecast losses increased from -HK$3.29 to -HK$3.64 per share. Hospitality industry in Hong Kong expected to see average net income growth of 122% next year. Consensus price target up from HK$8.71 to HK$9.50. Share price rose 6.5% to HK$9.04 over the past week.
Price Target Changed • Dec 19Price target increased to HK$9.10Up from HK$8.30, the current price target is an average from 7 analysts. New target price is 15% above last closing price of HK$7.92. Stock is down 4.5% over the past year. The company is forecast to post a net loss per share of HK$3.42 next year compared to a net loss per share of HK$2.52 last year.
分析記事 • Dec 13Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Major Estimate Revision • Dec 03Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$15.9b to HK$14.8b. Losses expected to increase from HK$2.84 per share to HK$3.29. Hospitality industry in Hong Kong expected to see average net income growth of 129% next year. Consensus price target broadly unchanged at HK$8.39. Share price rose 35% to HK$6.80 over the past week.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director John William Crawford was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Major Estimate Revision • Oct 18Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$16.6b to HK$16.2b. Losses expected to increase from HK$2.86 per share to HK$3.27. Hospitality industry in Hong Kong expected to see average net income growth of 177% next year. Consensus price target down from HK$8.41 to HK$8.19. Share price fell 11% to HK$5.14 over the past week.
Reported Earnings • Sep 01First half 2022 earnings released: HK$1.58 loss per share (vs HK$1.09 loss in 1H 2021)First half 2022 results: HK$1.58 loss per share (down from HK$1.09 loss in 1H 2021). Revenue: HK$6.03b (down 28% from 1H 2021). Net loss: HK$2.37b (loss widened 44% from 1H 2021). Over the next year, revenue is forecast to grow 64%, compared to a 43% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • May 22President recently sold HK$538k worth of stockOn the 17th of May, Evan Winkler sold around 100k shares on-market at roughly HK$5.38 per share. This was the largest sale by an insider in the last 3 months. Evan has been a seller over the last 12 months, reducing personal holdings by HK$1.1m.
Reported Earnings • May 02Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: HK$2.52 loss per share (up from HK$4.19 loss in FY 2020). Revenue: HK$15.6b (up 17% from FY 2020). Net loss: HK$3.81b (loss narrowed 40% from FY 2020). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 20%, compared to a 38% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Apr 27Consensus EPS estimates fall by 126%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$19.7b to HK$18.8b. Losses expected to increase from HK$1.01 per share to HK$2.27. Hospitality industry in Hong Kong expected to see average net income growth of 35% next year. Consensus price target down from HK$11.13 to HK$9.68. Share price fell 7.3% to HK$6.12 over the past week.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director John William Crawford was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Price Target Changed • Apr 21Price target decreased to HK$10.05Down from HK$11.49, the current price target is an average from 6 analysts. New target price is 52% above last closing price of HK$6.60. Stock is down 57% over the past year. The company is forecast to post a net loss per share of HK$1.01 next year compared to a net loss per share of HK$2.52 last year.
Major Estimate Revision • Apr 15Consensus estimates of losses per share improve by 53%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from HK$18.6b to HK$19.7b. EPS estimate increased from -HK$2.14 per share to -HK$1.01 per share. Hospitality industry in Hong Kong expected to see average net income growth of 36% next year. Consensus price target down from HK$11.49 to HK$11.13. Share price was steady at HK$6.80 over the past week.
分析記事 • Apr 07Melco International Development Limited (HKG:200) Analysts Just Slashed This Year's Revenue Estimates By 21%One thing we could say about the analysts on Melco International Development Limited ( HKG:200 ) - they aren't...
Major Estimate Revision • Apr 07Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from HK$23.4b to HK$18.6b. EPS estimate unchanged from -HK$2.14 per share at last update. Hospitality industry in Hong Kong expected to see average net income growth of 33% next year. Consensus price target broadly unchanged at HK$11.49. Share price fell 7.5% to HK$6.70 over the past week.
Reported Earnings • Apr 01Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: HK$2.52 loss per share (up from HK$4.19 loss in FY 2020). Revenue: HK$15.6b (up 17% from FY 2020). Net loss: HK$3.81b (loss narrowed 40% from FY 2020). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 30%. Over the next year, revenue is forecast to grow 50%, compared to a 50% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions Derivative • Jan 30Executive Director exercised options and sold HK$368k worth of stockOn the 24th of January, Yuk Man Chung exercised options to acquire 38k shares at no cost and sold these for an average price of HK$9.68 per share. This trade did not impact their existing holding. Since June 2021, Yuk Man has owned 3.09m shares directly. Company insiders have collectively bought HK$74m more than they sold, via options and on-market transactions, in the last 12 months.
Price Target Changed • Jan 17Price target decreased to HK$11.52Down from HK$12.85, the current price target is an average from 7 analysts. New target price is 19% above last closing price of HK$9.72. Stock is down 30% over the past year. The company is forecast to post a net loss per share of HK$3.63 next year compared to a net loss per share of HK$4.19 last year.
Price Target Changed • Nov 25Price target increased to HK$13.24Up from HK$12.29, the current price target is an average from 7 analysts. New target price is 16% above last closing price of HK$11.42. Stock is down 25% over the past year. The company is forecast to post a net loss per share of HK$3.29 next year compared to a net loss per share of HK$4.19 last year.
Price Target Changed • Oct 21Price target decreased to HK$12.29Down from HK$14.24, the current price target is an average from 7 analysts. New target price is 26% above last closing price of HK$9.79. Stock is down 26% over the past year. The company is forecast to post a net loss per share of HK$3.30 next year compared to a net loss per share of HK$4.19 last year.
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Price Target Changed • Sep 15Price target decreased to HK$14.49Down from HK$15.88, the current price target is an average from 7 analysts. New target price is 58% above last closing price of HK$9.17. Stock is down 46% over the past year.