SJM Holdings Limited logo

SJM Holdings Limited

0880.HK

HKSEConsumer CyclicalGambling, Resorts & Casinos

Latest quote

HK$1.485

−HK$0.015 · -1.00%

Aug 24, 4:08 PM HKT

0880.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

SJM Holdings Limited functions as an investment holding company, primarily involved in the ownership, development, and operation of casinos and their related facilities. Its business footprint spans Macau, Hong Kong, and various international markets. The company's operations are divided into two main segments: Gaming Operations, and Hotel, Catering, Retail and Leasing. Within the Gaming Operations segment, activities encompass high-stakes (VIP) gaming, mass-market table games, slot machines, and various other gambling ventures. The Hotel, Catering, Retail and Leasing segment focuses on managing hotels, providing food and beverage services, conducting retail sales, and handling property leasing, along with related services. Beyond these core areas, SJM Holdings also delivers a comprehensive suite of support services. These include marketing and promotional efforts, property development, casino operations management, specialized dredging, gaming promotion, human resources, project management, treasury functions, and broader hospitality provisions. Established in 2006, the company maintains its headquarters in Central, Hong Kong. SJM Holdings Limited operates as a subsidiary of Sociedade de Turismo e Diversões de Macau, S.A.

Industry
Gambling, Resorts & Casinos
Sector
Consumer Cyclical
Headquarters
HK
CEO
On Kei Leong
Listed since
Jul 16, 2008
Employees
20,400

Market position

Day range

Current HK$1.485

52-week range

Current HK$1.485

Open
HK$1.50
Previous close
HK$1.50
Volume
6.46M
0.64× average
Average volume
10.02M
Average daily volume
Market cap
10.55B HKD
Beta
0.71
Market reference 1
50-day average
HK$1.5277
-2.80% below average
200-day average
HK$2.1055
-29.47% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
45.58B HKD
EV / EBITDA
15.64×
Earnings yield
-2.51%
Free cash flow yield
3.53%

Profitability & efficiency

Return on equity
-3.19%
Return on assets
-0.84%
Return on invested capital
2.21%

Financial health

Current ratio
0.27×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends125%8%-108%-224%Gross margin, FY2021: 94.29%Gross margin, FY2022: 89.95%Gross margin, FY2023: 95.19%Gross margin, FY2024: 95.70%Gross margin, FY2025: 56.63%Operating margin, FY2021: -67.41%Operating margin, FY2022: -133.64%Operating margin, FY2023: -1.21%Operating margin, FY2024: 10.28%Operating margin, FY2025: 3.62%Net margin, FY2021: -70.35%Net margin, FY2022: -195.06%Net margin, FY2023: -15.30%Net margin, FY2024: 0.02%Net margin, FY2025: -1.52%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 94.29%. Gross margin FY2022 89.95%. Gross margin FY2023 95.19%. Gross margin FY2024 95.70%. Gross margin FY2025 56.63%. Operating margin FY2021 -67.41%. Operating margin FY2022 -133.64%. Operating margin FY2023 -1.21%. Operating margin FY2024 10.28%. Operating margin FY2025 3.62%. Net margin FY2021 -70.35%. Net margin FY2022 -195.06%. Net margin FY2023 -15.30%. Net margin FY2024 0.02%. Net margin FY2025 -1.52%.

Income trends

Revenue

28.17B HKD+63.39%

Operating income

1.02B HKD-42.42%

Net income

−429M HKD−432.2M HKD
Income trends across reported periods31.77B HKD17.38B HKD2.99B HKD−11.4B HKDRevenue, FY2021: 5.89B HKDRevenue, FY2022: 4B HKDRevenue, FY2023: 13.14B HKDRevenue, FY2024: 17.24B HKDRevenue, FY2025: 28.17B HKDOperating income, FY2021: −3.97B HKDOperating income, FY2022: −5.34B HKDOperating income, FY2023: −158.4M HKDOperating income, FY2024: 1.77B HKDOperating income, FY2025: 1.02B HKDNet income, FY2021: −4.14B HKDNet income, FY2022: −7.8B HKDNet income, FY2023: −2.01B HKDNet income, FY2024: 3.2M HKDNet income, FY2025: −429M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.89B HKD. Revenue FY2022 4B HKD. Revenue FY2023 13.14B HKD. Revenue FY2024 17.24B HKD. Revenue FY2025 28.17B HKD. Operating income FY2021 −3.97B HKD. Operating income FY2022 −5.34B HKD. Operating income FY2023 −158.4M HKD. Operating income FY2024 1.77B HKD. Operating income FY2025 1.02B HKD. Net income FY2021 −4.14B HKD. Net income FY2022 −7.8B HKD. Net income FY2023 −2.01B HKD. Net income FY2024 3.2M HKD. Net income FY2025 −429M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue28.17B HKD17.24B HKD13.14B HKD4B HKD5.89B HKD
Cost of goods sold12.22B HKD741M HKD632M HKD401.9M HKD4.52B HKD
Gross profit15.95B HKD16.5B HKD12.5B HKD3.6B HKD5.55B HKD
Selling, general, and administrative14.93B HKD14.73B HKD12.66B HKD8.94B HKD9.52B HKD
Operating expenses14.93B HKD14.73B HKD12.66B HKD8.94B HKD9.52B HKD
Interest expense1.65B HKD1.89B HKD1.93B HKD1.12B HKD343.3M HKD
Depreciation and amortization1.89B HKD1.89B HKD1.84B HKD1.9B HKD1.26B HKD
Operating income1.02B HKD1.77B HKD−158.4M HKD−5.34B HKD−3.97B HKD
Net income−429M HKD3.2M HKD−2.01B HKD−7.8B HKD−4.14B HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 4 misses, 0 met estimates
Average EPS surprise
-348.25%
4 comparable reports
Latest EPS result
-0.03

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.06-0.03-0.12-0.22Q1 '24MissQ3 '24MissQ4 '24MissQ1 '25No estimateQ3 '25MissQ1 '26No estimateQ3 '26EstimateQ1 '27Estimate
Q1 2024, reported Mar 6, 2024: actual -0.178, estimate -0.02, surprise -790.00%, Miss. Q3 2024, reported Aug 27, 2024: actual -0.023, estimate -0.01, surprise -130.00%, Miss. Q4 2024, reported Nov 12, 2024: actual -0.023, estimate 0.01, surprise -330.00%, Miss. Q1 2025, reported Mar 4, 2025: actual 0.023, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual -0.026, estimate -0.011, surprise -142.99%, Miss. Q1 2026, reported Mar 5, 2026: actual -0.035, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 25, 2026: actual —, estimate -0.02, surprise —, Comparison unavailable. Q1 2027, reported Mar 10, 2027: actual —, estimate -0.01, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates16.03B11.16B6.3B1.43BQ1 '24MissQ3 '24BeatQ4 '24BeatQ1 '25BeatQ3 '25BeatQ1 '26BeatQ3 '26EstimateQ1 '27Estimate
Q1 2024, reported Mar 6, 2024: actual 1.69B HKD, estimate 6.92B HKD, surprise -75.62%, Miss. Q3 2024, reported Aug 27, 2024: actual 13.8B HKD, estimate 6.92B HKD, surprise +99.44%, Beat. Q4 2024, reported Nov 12, 2024: actual 13.8B HKD, estimate 7.67B HKD, surprise +79.95%, Beat. Q1 2025, reported Mar 4, 2025: actual 14.97B HKD, estimate 7.42B HKD, surprise +101.63%, Beat. Q3 2025, reported Aug 28, 2025: actual 14.64B HKD, estimate 6.67B HKD, surprise +119.59%, Beat. Q1 2026, reported Mar 5, 2026: actual 13.53B HKD, estimate 5.95B HKD, surprise +127.49%, Beat. Q3 2026, reported Aug 25, 2026: actual —, estimate 5.95B HKD, surprise —, Comparison unavailable. Q1 2027, reported Mar 10, 2027: actual —, estimate 6.28B HKD, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Dividend

Ex-dividend Jun 11, 2020

HK$0.22

Special

Record Jun 12, 2020 · Payment Jun 24, 2020

Dividend

Ex-dividend Sep 6, 2019

HK$0.08

Quarterly

Record Sep 9, 2019 · Payment Sep 27, 2019

Dividend

Ex-dividend Jun 13, 2019

HK$0.21

Quarterly

Record Jun 14, 2019 · Payment Jun 27, 2019

Dividend

Ex-dividend Sep 10, 2018

HK$0.08

Quarterly

Record Sep 11, 2018 · Payment Sep 28, 2018

Dividend

Ex-dividend Jun 14, 2018

HK$0.15

Quarterly

Record Jun 15, 2018 · Payment Jun 28, 2018

Dividend

Ex-dividend Sep 4, 2017

HK$0.05

Quarterly

Record Sep 5, 2017 · Payment Sep 20, 2017

0880.HK peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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