MGM China Holdings Ltd
HKEX:2282

Watchlist Manager
MGM China Holdings Ltd Logo
MGM China Holdings Ltd
HKEX:2282
Watchlist
Price: 9.65 HKD -0.82% Market Closed
Market Cap: 36.7B HKD
Have any thoughts about
MGM China Holdings Ltd?
Write Note

MGM China Holdings Ltd
Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

MGM China Holdings Ltd
Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
MGM China Holdings Ltd
HKEX:2282
Operating Expenses
-HK$9.6B
CAGR 3-Years
-16%
CAGR 5-Years
-4%
CAGR 10-Years
-5%
Sands China Ltd
HKEX:1928
Operating Expenses
-$1.7B
CAGR 3-Years
-11%
CAGR 5-Years
-7%
CAGR 10-Years
-1%
M
Macau Legend Development Ltd
HKEX:1680
Operating Expenses
-HK$355.9m
CAGR 3-Years
4%
CAGR 5-Years
4%
CAGR 10-Years
N/A
No Stocks Found

MGM China Holdings Ltd
Glance View

Market Cap
36.7B HKD
Industry
Hotels, Restaurants & Leisure

MGM China Holdings Ltd., a prominent player in Macau's flourishing gaming industry, operates as a subsidiary of MGM Resorts International, leveraging the parent company's long-standing expertise in the entertainment and hospitality sectors. The company is strategically focused on the development and operation of casino gaming facilities, alongside integrated resort experiences that highlight luxury accommodations, high-end shopping, fine dining, and entertainment venues. At its core, MGM China's revenue-generating machine revolves around its flagship resort, MGM Macau, and its notable expansion project, MGM Cotai, both situated in the glitzy Cotai Strip. This enables it to attract a continual stream of high-stakes gamblers and leisure tourists alike, feeding into both the mass market and VIP gaming segments. The firm's prowess lies not only in the dazzling allure of its gaming tables and slot machines but also in the diversified non-gaming offerings that create a holistic experience, encouraging longer stays and increased spending per visitor. Beyond the gaming floors, MGM China capitalizes on consumer demand for luxury through its opulent hotels and personalized hospitality services, earning a robust reputation in the competitive Macau landscape. Furthermore, by blending traditional Chinese cultural elements with modern entertainment, the company positions itself as a multifaceted destination catering to diverse customer preferences. With a keen eye on customer service and innovative marketing approaches, MGM China continues to secure its place as a leading light in one of the world's most lucrative gaming markets.

Intrinsic Value
23.5 HKD
Undervaluation 59%
Intrinsic Value
Price

See Also

What is MGM China Holdings Ltd's Operating Expenses?
Operating Expenses
-9.6B HKD

Based on the financial report for Jun 30, 2024, MGM China Holdings Ltd's Operating Expenses amounts to -9.6B HKD.

What is MGM China Holdings Ltd's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
-5%

Over the last year, the Operating Expenses growth was -43%. The average annual Operating Expenses growth rates for MGM China Holdings Ltd have been -16% over the past three years , -4% over the past five years , and -5% over the past ten years .

Back to Top