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Consumer Services

Sands China Ltd.

Business Summary

Sands China Ltd. operates as an investment holding company. Through its subsidiaries engages in the development and operation of integrated resorts in Macao that contains gaming areas, meeting space, convention and exhibition halls, retail and dining areas and entertainment venues. It operates through the following segments: The Venetian Macao, Sands Cotai Central, The Plaza Macao, Sands Macao, The Parisian Macao, and Ferry and Other Operations. The company was founded by Sheldon Gary Adelson on July 15, 2009 and is headquartered in Macau.

Financial Highlights

Dec 2019 HKDUSD
Revenue42,208.21M5,386.99M
Gross Profit23,074.65M2,944.99M
Operating income18,185.49M2,320.99M
Income before tax15,928.95M2,032.99M
Net income15,928.95M2,032.99M
EBITDA23,717.14M3,026.99M
Diluted EPS1.960.25
Dividends Per Share0.990.12
Total Assets94,280.78M12,100.00M
Total liabilities59,638.43M7,654.00M
Total equity34,642.34M4,446.00M
Operating cash flow20,199.14M2,577.99M
Currency in HKDCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 32,392.31M 32,027.89M 37,327.59M 41,029.54M 42,208.21M
Gross Profit 18,014.92M 16,992.01M 21,289.97M 25,769.84M 23,074.65M
Operating income 11,923.85M 10,587.99M 14,362.16M 18,230.13M 18,185.49M
Income before tax 11,401.15M 9,842.79M 12,663.32M 14,640.53M 15,928.95M
Net income 11,314.43M 9,501.24M 12,491.88M 14,695.39M 15,928.95M
EBITDA 16,072.53M 15,330.85M 19,287.22M 23,011.03M 23,717.14M
Diluted EPS 1.40 1.17 1.54 1.81 1.96
Dividends Per Share 1.99 1.99 1.99 1.99 0.99
Total Assets 83,482.22M 86,703.47M 83,230.79M 94,406.30M 94,280.78M
Total liabilities 38,232.15M 47,883.45M 47,755.88M 59,886.69M 59,638.43M
Total equity 45,250.06M 38,820.02M 35,474.90M 34,519.60M 34,642.34M
Operating cash flow 14,876.66M 17,504.34M 19,497.62M 22,313.49M 20,199.14M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 4,178.26M 4,125.99M 4,789.99M 5,234.99M 5,386.99M
Gross Profit 2,323.73M 2,188.99M 2,731.99M 3,287.99M 2,944.99M
Operating income 1,538.05M 1,363.99M 1,842.99M 2,325.99M 2,320.99M
Income before tax 1,470.62M 1,267.99M 1,624.99M 1,867.99M 2,032.99M
Net income 1,459.44M 1,223.99M 1,602.99M 1,874.99M 2,032.99M
EBITDA 2,073.18M 1,974.99M 2,474.99M 2,935.99M 3,026.99M
Diluted EPS 0.18 0.15 0.19 0.23 0.25
Dividends Per Share 0.25 0.25 0.25 0.25 0.12
Total Assets 10,771.69M 11,182.99M 10,646.99M 12,058.00M 12,100.00M
Total liabilities 4,933.08M 6,175.99M 6,108.99M 7,649.00M 7,654.00M
Total equity 5,838.60M 5,006.99M 4,537.99M 4,409.00M 4,446.00M
Operating cash flow 1,918.93M 2,254.99M 2,501.99M 2,846.99M 2,577.99M

Valuation Measures

Dec 2019
PER21.13
ROA16.88%
ROE46.06%
Operating margin43.08%
Profit margin37.73%

Key executives

  • Chairman & Chief Executive Officer: Sheldon Gary Adelson
  • President & Executive Director: Ying Wai Wong
  • Chief Operating Officer: Kwan Lock Chum
  • Chief Financial Officer & Senior Vice President: Min Qi Sun
  • Investor Relations Contact: Jason Cheong

Shareholders

  • Las Vegas Sands Corp. (69.9%)
  • JPMorgan Asset Management (UK) Ltd. (0.8%)
  • The Vanguard Group, Inc. (0.8%)
  • Capital Research & Management Co. (World Investors) (0.8%)
  • Schroder Investment Management (Hong Kong) Ltd. (0.8%)
  • Canada Pension Plan Investment Board (0.7%)
  • Capital Research & Management Co. (Global Investors) (0.6%)
  • Norges Bank Investment Management (0.5%)
  • Harding Loevner LP (0.5%)
  • BlackRock Fund Advisors (0.4%)

Contact Details

  • Website:http://www.sandschina.com
  • Address: The Venetian Macao-Resort-Hotel, L2 Executive Offices, Macau, Macau
  • Phone: +853.8118.2888

Related Companies

  • Zhuhai Hengqin Cotai Information Services Co., Ltd.
  • Venetian Transportation Services Ltd.
  • Sands Resorts Transportation 3 Ltd.
  • Sands Resorts Transportation 2 Ltd.
  • Sands Resorts Transportation 1 Ltd.
  • Sands Resorts Travel Ltd.
  • Cotaiwaterjet Sea Bridge 2 (HK) Ltd.
  • Cotaiwaterjet Sea Bridge 1 (HK) Ltd.
  • CotaiJet 14 (HK) Ltd.
  • CotaiJet 13 (HK) Ltd.
  • CotaiJet 12 (HK) Ltd.
  • CotaiJet 11 (HK) Ltd.
  • CotaiJet 10 (HK) Ltd.
  • CotaiJet 9 (HK) Ltd.
  • CotaiJet 8 (HK) Ltd.
  • CotaiJet 7 (HK) Ltd.
  • CotaiJet 6 (HK) Ltd.
  • CotaiJet 5 (HK) Ltd.
  • CotaiJet 4 (HK) Ltd.
  • CotaiJet 3 (HK) Ltd.
  • CotaiJet 2 (HK) Ltd.
  • CotaiJet 1 (HK) Ltd.
  • Cotai Services (HK) Ltd.
  • V-HK Services Ltd.
  • Venetian Venture Development Intermediate Ltd.
  • Venetian Cotai Hotel Management Ltd.
  • Sands Venetian Security Ltd.
  • Venetian Travel Ltd.
  • Venetian Retail Ltd.
  • Zhuhai Cotai Logistics Hotel Services Co., Ltd.

Competitors

  • Wynn Resorts, Limited
  • Melco Resorts & Entertainment Limited Sponsored ADR
  • Galaxy Entertainment Group Limited
  • SJM Holdings Limited
  • MGM Resorts International
  • Hyatt Hotels Corporation Class A
  • Marriott International, Inc. Class A
Last Updated on 29 Sep, 2020

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