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Last $1.62 USD
Change Today -0.02 / -1.22%
Volume 1.0K
MCHVF On Other Exchanges
Symbol
Exchange
Hong Kong
OTC US
OTC US
Frankfurt
As of 8:10 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

mgm china holdings ltd (MCHVF) Snapshot

Open
$1.62
Previous Close
$1.64
Day High
$1.62
Day Low
$1.62
52 Week High
11/3/14 - $3.05
52 Week Low
08/24/15 - $1.57
Market Cap
6.2B
Average Volume 10 Days
1.6K
EPS TTM
--
Shares Outstanding
3.8B
EX-Date
08/18/15
P/E TM
--
Dividend
$0.40
Dividend Yield
9.93%
Current Stock Chart for MGM CHINA HOLDINGS LTD (MCHVF)

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mgm china holdings ltd (MCHVF) Details

MGM China Holdings Limited, an investment holding company, engages in the development and operation of casino games of chance and other casino games, and the related hotel and resort facilities in Macau. It owns and operates the MGM Macau, a 5-star integrated casino and luxury hotel resort located on the Macau Peninsula. The casino has a floor area of approximately 25,459 square meters, with 1,197 slot machines, 427 gaming tables, and multiple VIP and private gaming areas; and hotel that comprises a 35-storey tower with 582 deluxe rooms, including 468 standard guest rooms, 99 luxury suites, and 15 private luxury villas. Its casino also has resort consisting of amenities, such as 8 restaurants and bars, pool and spa facilities, and approximately 1,600 square meters of convertible convention space. The company also holds 6 gaming concessions or sub concessions to run casino or gaming area in Macau. The company was incorporated in 2010 and is headquartered in Nape, Macau. MGM China Holdings Limited is a subsidiary of MGM Resorts International Holdings, Ltd.

6,101 Employees
Last Reported Date: 04/10/15
Founded in 2010

mgm china holdings ltd (MCHVF) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: $22.9M
Chairperson, Member of Remuneration Committee...
Total Annual Compensation: --
Co-Chairperson, Member of Disclosure Committe...
Total Annual Compensation: --
Executive Director, Member of Nomination & Co...
Total Annual Compensation: --
Executive Director, Member of Remuneration Co...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

mgm china holdings ltd (MCHVF) Key Developments

MGM China Holdings Limited Announces Interim Dividend, Payable on or About August 31, 2015; Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

The Board of MGM China Holdings Limited declared the payment of an interim dividend of HKD 0.156 per Share, amounting to approximately HKD 592.8 million in aggregate, representing approximately 35% of the Group's profit attributable to owners of the Company for the six months ended June 30, 2015. The register of members will be closed from August 20, 2015 to August 24, 2015, both days inclusive, for the purpose of ascertaining the members who are entitled to the interim dividend. This interim dividend is expected to be paid on or about August 31, 2015 to the Shareholders whose names would appear on the register of members on August 24, 2015. The company reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenue of HKD 4,316,804,000 compared to HKD 6,418,967,000 a year ago. Adjusted EBITDA was HKD 1,149,057,000 compared to HKD 1,785,602,000 a year ago. Operating profit was HKD 802,430,000. For the six months, operating revenues were HKD 9,203,600,000 against HKD 13,723,878,000 a year ago. Operating profit was HKD 1,742,801,000 against HKD 3,096,785,000 a year ago. Profit before taxation was HKD 1,707,508,000 against HKD 3,042,663,000 a year ago. Profit for the period and total comprehensive income attributable to owners of the company was HKD 1,700,032,000 or 44.7 Hong Kong cents per basic and diluted shares compared to HKD 3,035,187,000 or 79.7 Hong Kong cents per basic and diluted shares a year ago. The decrease in operating revenue was directly attributable to the changed business conditions in the Macau gaming market that were described previously and which started to impact the group from the second half of 2014. Adjusted EBITDA was HKD 2,435,753,000 compared to HKD 3,817,633,000 a year ago. Net cash generated from operating activities was HKD 1,114,014,000 compared to HKD 3,622,696,000 a year ago. Net cash generated from operating activities was primarily affected by decreased operating income generated by MGM Grand Paradise and changes in working capital. Net debt as at June 30, 2015 was HKD 5,322,929.

MGM China Holdings Limited Presents at Credit Suisse Macau Gaming Corporate Day, Sep-01-2015

MGM China Holdings Limited Presents at Credit Suisse Macau Gaming Corporate Day, Sep-01-2015 . Venue: Level 88, International Commerce Center, 1 Austin Road West, Kowloon, Kowloon, Hong Kong.

MGM China Holdings Limited to Report First Half, 2015 Results on Aug 04, 2015

MGM China Holdings Limited announced that they will report first half, 2015 results on Aug 04, 2015

 

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MCHVF Competitors

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Galaxy Entertainment Group Ltd $22.95 HKD -1.00
Melco Crown Entertainment Ltd $16.94 USD +0.02
Melco International Development Ltd $11.00 HKD -0.34
SJM Holdings Ltd $6.46 HKD -0.33
Wynn Macau Ltd $11.34 HKD -0.50
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Industry Analysis

MCHVF

Industry Average

Valuation MCHVF Industry Range
Price/Earnings 10.4x
Price/Sales 2.2x
Price/Book 11.2x
Price/Cash Flow 8.8x
TEV/Sales 1.5x
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