MGM China Holdings Ltd
F:M04
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| MO |
|
MGM China Holdings Ltd
HKEX:2282
|
49.1B HKD |
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|
| US |
|
Las Vegas Sands Corp
NYSE:LVS
|
39.2B USD |
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|
|
| IE |
|
Flutter Entertainment PLC
LSE:FLTR
|
20.2B GBP |
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|
|
| HK |
|
Galaxy Entertainment Group Ltd
HKEX:27
|
184.4B HKD |
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|
| AU |
|
Aristocrat Leisure Ltd
ASX:ALL
|
32.2B AUD |
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|
|
| MO |
|
Sands China Ltd
HKEX:1928
|
144.4B HKD |
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|
| US |
|
DraftKings Inc
NASDAQ:DKNG
|
13.7B USD |
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|
| SE |
|
Evolution AB (publ)
STO:EVO
|
113.3B SEK |
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|
|
| US |
|
Wynn Resorts Ltd
NASDAQ:WYNN
|
11.9B USD |
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|
| US |
S
|
Scientific Games Corp
F:TJW
|
9.9B EUR |
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|
| ZA |
S
|
Sun International Ltd
JSE:SUI
|
10.5B ZAR |
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|
Market Distribution
| Min | -2 362.7% |
| 30th Percentile | 0.9% |
| Median | 1.7% |
| 70th Percentile | 7.6% |
| Max | 39.8% |
Other Profitability Ratios
MGM China Holdings Ltd
Glance View
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.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for MGM China Holdings Ltd is 13.5%, which is above its 3-year median of 7.6%.
Over the last 3 years, MGM China Holdings Ltd’s Net Margin has increased from -57.1% to 13.5%. During this period, it reached a low of -99.3% on Dec 31, 2022 and a high of 14.9% on Jun 30, 2024.