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Updated 1m ago
1928 logo

Sands China Ltd.SHSC:1928 Stock Report

Market Cap HK$105.2b
Updated 1m ago
Share Price
n/a
1Y-38.3%
7D-8.3%
1D-2.7%
Portfolio Value
​
View

Sands China Ltd.

SHSC:1928 Stock Report

Market Cap: HK$105.2b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Sands China (1928) Stock Overview

Develops, owns, and operates integrated resorts and casinos in Macao. More details

1928 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health2/6
Dividends2/6

Rewards

Trading at 42.3% below our estimate of its fair value

Earnings are forecast to grow 14.71% per year

Analysts in good agreement that stock price will rise by 40.6%

Risk Analysis

Dividend of 7.69% is not well covered by earnings

Has a high level of debt


1928 Community Fair Values

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HK$
Current Price
HK$13.0022.3% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-1b10b2016201920222025202620282031Revenue US$10.2bEarnings US$1.1b
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Sands China Ltd. Competitors

Galaxy Entertainment Group

Symbol: SEHK:27
Market cap: HK$143.8b

MGM China Holdings

Symbol: SEHK:2282
Market cap: HK$38.3b

Wynn Macau

Symbol: SEHK:1128
Market cap: HK$28.5b

NagaCorp

Symbol: SEHK:3918
Market cap: HK$13.8b

Price History & Performance

Summary of share price highs, lows and changes for Sands China
Historical stock prices
Current Share PriceHK$13.00
52 Week HighHK$22.50
52 Week LowHK$12.77
Beta0.50
1 Month Change-8.19%
3 Month Change-8.26%
1 Year Change-38.27%
3 Year Change-49.22%
5 Year Change-13.79%
Change since IPO-72.54%

Recent News & Updates

Recent updates

Shareholder Returns

1928HK HospitalityHK Market
7D-8.3%-6.5%-2.9%
1Y-38.3%-29.4%-6.2%

Return vs Industry: 1928 underperformed the Hong Kong Hospitality industry which returned -29.4% over the past year.

Return vs Market: 1928 underperformed the Hong Kong Market which returned -6.2% over the past year.

Price Volatility

Is 1928's price volatile compared to industry and market?
1928 volatility
1928 Average Weekly Movement4.1%
Hospitality Industry Average Movement5.8%
Market Average Movement7.6%
10% most volatile stocks in HK Market15.1%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 1928 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1928's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200928,652Grant Chumwww.sandschina.com

Sands China Ltd. develops, owns, and operates integrated resorts and casinos in Macao. The company owns and operates The Venetian Macao, The Londoner Macao, The Parisian Macao resort, The Plaza Macao, and The Sands Macao casino; the Cotai Expo, a convention and exhibition hall; and The Venetian and The Londoner Arena, an entertainment venues, as well as Cotai Water Jet ferry for leisure and business travelers. It offers ferry transportation and leasing services, and pontoon leasing; gaming and other related activities; travel and tourism agency services; security services; and human resources administration services, as well as outsourcing services, including information technology, accounting, hotel management, and marketing.

Sands China Ltd. Fundamentals Summary

How do Sands China's earnings and revenue compare to its market cap?
1928 fundamental statistics
Market capHK$105.21b
Earnings (TTM)HK$6.91b
Revenue (TTM)HK$61.41b
15.2x
P/E Ratio
1.7x
P/S Ratio

Is 1928 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1928 income statement (TTM)
RevenueUS$7.83b
Cost of RevenueUS$1.63b
Gross ProfitUS$6.20b
Other ExpensesUS$5.32b
EarningsUS$881.00m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin79.23%
Net Profit Margin11.25%
Debt/Equity Ratio487.1%

How did 1928 perform over the long term?

See historical performance and comparison

Dividends

7.7%
Current Dividend Yield
118%
Payout Ratio

Does 1928 pay a reliable dividends?

See 1928 dividend history and benchmarks
When do you need to buy 1928 by to receive an upcoming dividend?
Sands China dividend dates
Ex Dividend DateSep 16 2026
Dividend Pay DateOct 09 2026
Days until Ex dividend1 day
Days until Dividend pay date24 days

Does 1928 pay a reliable dividends?

See 1928 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 18:43
End of Day Share Price 2026/09/14 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sands China Ltd. is covered by 39 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Felicia Kantor HendrixBarclays
Vitaly UmanskyBernstein
Karl ChoiBofA Global Research

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Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
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