MGM China Holdings Past Earnings Performance

Past criteria checks 3/6

MGM China Holdings has been growing earnings at an average annual rate of 8.7%, while the Hospitality industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 5.5% per year.

Key information

8.7%

Earnings growth rate

8.7%

EPS growth rate

Hospitality Industry Growth	-9.4%
Revenue growth rate	5.5%
Return on equity	n/a
Net Margin	14.9%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How MGM China Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSC:2282 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	30,253	4,503	1,483
31 Mar 24	27,468	3,571	1,281
31 Dec 23	24,684	2,638	1,079
30 Sep 23	18,693	316	767
30 Jun 23	12,702	-2,007	456
31 Mar 23	8,985	-3,619	363
31 Dec 22	5,269	-5,232	271
30 Sep 22	6,592	-4,875	372
30 Jun 22	7,916	-4,517	473
31 Mar 22	8,663	-4,182	494
31 Dec 21	9,411	-3,847	516
30 Sep 21	8,424	-3,961	412
30 Jun 21	7,437	-4,074	309
31 Mar 21	6,266	-4,638	300
31 Dec 20	5,096	-5,202	292
30 Sep 20	9,467	-3,577	413
30 Jun 20	13,839	-1,952	535
31 Mar 20	18,302	-10	611
31 Dec 19	22,765	1,931	687
30 Sep 19	22,096	1,659	687
30 Jun 19	21,427	1,386	686
31 Mar 19	20,314	1,227	687
31 Dec 18	19,201	1,068	688
30 Sep 18	17,880	1,412	632
30 Jun 18	16,560	1,756	576
31 Mar 18	15,520	2,038	472
31 Dec 17	14,481	2,320	368
30 Sep 17	14,612	2,663	366
30 Jun 17	14,744	3,006	364
31 Mar 17	14,826	3,021	400
31 Dec 16	14,907	3,037	436
30 Sep 16	15,014	2,874	451
30 Jun 16	15,121	2,711	465
31 Mar 16	16,146	2,912	503
31 Dec 15	17,170	3,113	541
30 Sep 15	19,052	3,742	622
30 Jun 15	20,934	4,372	703
31 Mar 15	23,194	5,039	753
31 Dec 14	25,454	5,707	803
30 Sep 14	26,314	5,801	97
30 Jun 14	27,174	5,896	-609
31 Mar 14	26,451	5,615	93
31 Dec 13	25,728	5,334	795
30 Sep 13	24,412	4,856	1,978

Quality Earnings: 2282 has high quality earnings.

Growing Profit Margin: 2282 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2282's earnings have grown by 8.7% per year over the past 5 years.

Accelerating Growth: 2282 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 2282 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (12.6%).

Return on Equity

High ROE: 2282's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

MGM China Holdings Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

First half 2024 earnings released: EPS: HK$0.71 (vs HK$0.22 in 1H 2023)

First half 2024 earnings released: EPS: HK$0.71 (vs HK$0.22 in 1H 2023)

MGM China Holdings Limited to Report First Half, 2024 Results on Aug 08, 2024

Full year 2023 earnings released: EPS: HK$0.69 (vs HK$1.38 loss in FY 2022)

MGM China Holdings Limited to Report Fiscal Year 2023 Results on Mar 21, 2024

MGM China Holdings Limited to Report Fiscal Year 2023 Results on Feb 23, 2024

Recent updates

First half 2024 earnings released: EPS: HK$0.71 (vs HK$0.22 in 1H 2023)

MGM China Holdings Limited Declares Special Dividend

Upcoming dividend of HK$0.35 per share

First half 2024 earnings released: EPS: HK$0.71 (vs HK$0.22 in 1H 2023)

MGM China Holdings Limited to Report First Half, 2024 Results on Aug 08, 2024

Upcoming dividend of HK$0.24 per share

MGM China Holdings Limited, Annual General Meeting, May 31, 2024

Upcoming dividend of HK$0.10 per share

MGM China Holdings Limited Proposes Final Dividend for the Year Ended December 31, 2023, Payable on 20 June 2024

Full year 2023 earnings released: EPS: HK$0.69 (vs HK$1.38 loss in FY 2022)

MGM China Holdings Limited to Report Fiscal Year 2023 Results on Mar 21, 2024

MGM China Holdings Limited to Report Fiscal Year 2023 Results on Feb 23, 2024

Now 22% undervalued after recent price drop

Now 20% undervalued

Now 22% undervalued

Now 21% undervalued

First half 2023 earnings released: EPS: HK$0.22 (vs HK$0.63 loss in 1H 2022)

MGM China Holdings Limited to Report Q2, 2023 Results on Aug 04, 2023

Mgm China Holdings Limited Announces Re-Designation of Mr. Kenneth Xiaofeng Feng as Non-Executive Director to Executive Director

MGM China Holdings Limited Announces Board Changes

Full year 2022 earnings released: HK$1.38 loss per share (vs HK$1.01 loss in FY 2021)

Less than half of directors are independent

First half 2022 earnings released

MGM China Holdings Limited to Report First Half, 2022 Results on Aug 04, 2022

MGM China Holdings Limited, Annual General Meeting, Jun 09, 2022

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

MGM China Holdings Limited to Report Fiscal Year 2021 Results on Mar 10, 2022

Insider recently sold HK$1.5m worth of stock

Insider recently sold HK$408k worth of stock

First half 2021 earnings released: HK$0.46 loss per share (vs HK$0.75 loss in 1H 2020)

Insider recently sold HK$384k worth of stock

First half 2021 earnings released: HK$0.46 loss per share (vs HK$0.75 loss in 1H 2020)

Insider recently sold HK$710k worth of stock

Non-Executive Director James Freeman has left the company

Independent Non-Executive Director Sun Zhe has left the company

Full year 2020 earnings released: HK$1.37 loss per share (vs HK$0.51 profit in FY 2019)

Insider recently bought HK$168m worth of stock

Revenue beats expectations

Full year 2020 earnings released: HK$1.37 loss per share (vs HK$0.51 profit in FY 2019)

Insider recently bought HK$271m worth of stock

New 90-day high: HK$13.66

MGM China Holdings Limited to Report Fiscal Year 2020 Results on Feb 26, 2021

Insider recently bought HK$318m worth of stock

New 90-day high: HK$12.64

New 90-day high: HK$11.76

MGM China Holdings Limited Appoints Ayesha Khanna Molino as Member of the Nomination and Corporate Governance Committee and of the Audit Committee

Insider recently bought HK$128m worth of stock

First half earnings released

New 90-day high - HK$10.76

MGM China Holdings Limited Announces Not to Recommend an Interim Dividend Payment for the Six Months Ended June 30, 2020

First half earnings released

MGM China Holdings Limited to Report First Half, 2020 Results on Aug 06, 2020

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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