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Macau Legend Development
(OTC:1680)
Macau Legend Development (1680) vs. iShares MSCI Hong Kong ETF (EWH)
Macau Legend Development Business Overview & Revenue Model
Macau Legend Development Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 771.47M | 901.64M | 711.61M | 1.14B | 700.73M |
| Gross Profit | 95.69M | 160.29M | -335.36M | -371.25M | -467.98M |
| EBITDA | -224.14M | 90.57M | -218.32M | -550.46M | -1.23B |
| Net Income | -622.63M | -4.92M | -607.21M | -1.19B | -1.96B |
Balance Sheet | |||||
| Total Assets | 5.88B | 6.86B | 7.15B | 7.97B | 8.69B |
| Cash, Cash Equivalents and Short-Term Investments | 68.94M | 64.91M | 89.01M | 134.27M | 125.26M |
| Total Debt | 2.49B | 2.66B | 2.66B | 2.52B | 2.08B |
| Total Liabilities | 2.84B | 3.16B | 3.44B | 3.66B | 3.17B |
| Stockholders Equity | 3.04B | 3.71B | 3.71B | 4.31B | 5.52B |
Cash Flow | |||||
| Free Cash Flow | 156.70M | 166.21M | -284.97M | -397.53M | -717.09M |
| Operating Cash Flow | 171.45M | 182.54M | -242.58M | -344.40M | -440.38M |
| Investing Cash Flow | 150.55M | -32.86M | 159.99M | -39.77M | -856.94M |
| Financing Cash Flow | -330.42M | -173.86M | 33.62M | 372.64M | -140.19M |
Macau Legend Development Technical Analysis
Macau Legend Development Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $167.83B | 17.46 | 12.59% | 3.13% | 4.94% | 15.38% | |
| ― | $160.73B | 22.50 | 111.35% | 2.51% | -3.13% | -13.65% | |
| ― | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
| ― | $34.59B | 17.92 | ― | 5.60% | -4.41% | -31.45% | |
| ― | HK$376.72M | ― | -75.45% | ― | -37.01% | -18861.22% | |
| ― | $20.17B | 8,425.00 | -0.13% | ― | 12.29% | 98.20% | |
| ― | $10.97B | -55.84 | -28.54% | ― | 13.18% | 86.18% |
Macau Legend Development Corporate Events
Macau Legend Development Limited has announced a supplemental plan regarding its proposed Rights Issue, which involves issuing one Rights Share for every two existing shares. To facilitate this, the company will undergo a Capital Reorganization, including changing its domicile from the Cayman Islands to Bermuda and reducing its share capital. This move aims to enhance the company’s capital structure and provide flexibility for future corporate actions. The expected timetable for the Rights Issue has been adjusted, with the dispatch of prospectus documents postponed to December 2025. The changes are not expected to affect the company’s continuity or its listing status.
The most recent analyst rating on (HK:1680) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Macau Legend Development stock, see the HK:1680 Stock Forecast page.
Macau Legend Development Limited has announced a proposed rights issue to raise approximately HK$93 million through the issuance of 310,059,356 rights shares. The net proceeds, estimated at HK$86.9 million after expenses, will be used for general working capital. The rights issue is available only to qualifying shareholders, with significant commitments from major shareholders Mr. Li and Elite Success to subscribe to their full entitlements.
The most recent analyst rating on (HK:1680) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Macau Legend Development stock, see the HK:1680 Stock Forecast page.
Macau Legend Development Limited announced the potential early termination of its service agreement with SJM Resorts S.A., originally set to expire on December 31, 2025. This decision is contingent on the operational performance of its gaming business and the approval from relevant authorities, with no conclusive decision made yet.
The most recent analyst rating on (HK:1680) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Macau Legend Development stock, see the HK:1680 Stock Forecast page.
Macau Legend Development Limited has announced a public tender for the potential disposal of a property held by its indirectly owned company, Zhuhai Lai Ieng. The property, located in the Hengqin Guangdong-Macao Deep Cooperation Zone, includes 971 real estate properties and will be sold ‘as is.’ The tender process will run from September 1 to October 30, 2025, with no initial tender price set, and the final consideration will depend on the highest bid. This potential disposal could constitute a notifiable transaction under the Hong Kong Listing Rules, and stakeholders are advised to exercise caution as the transaction may or may not proceed.
Macau Legend Development Limited reported its unaudited interim results for the six months ending June 30, 2025, showing a significant loss from continuing operations amounting to HK$1,429,789,000, compared to a loss of HK$239,839,000 in the same period of 2024. The company’s financial performance was impacted by substantial impairment losses on non-financial assets and increased operating expenses, indicating challenges in maintaining profitability and potential implications for stakeholders in terms of financial stability and strategic adjustments.
Macau Legend Development Limited has issued a profit warning, revealing a significant financial downturn for the first half of 2025. The company anticipates a substantial loss of approximately HK$1,421 million, largely due to a significant impairment loss following the non-renewal of a service agreement with SJM Resorts S.A. This development marks a notable decline from the previous year’s performance, with a 12% decrease in total revenue primarily from gaming operations, highlighting potential challenges in its industry positioning and implications for stakeholders.
Macau Legend Development Limited has scheduled a board meeting for August 29, 2025, to discuss and approve the unaudited consolidated interim results for the first half of 2025. The meeting will also consider the potential declaration of an interim dividend, reflecting the company’s ongoing financial performance and strategic decisions.
Macau Legend Development Limited announced that the ordinary resolution for share consolidation was approved at their Extraordinary General Meeting on July 30, 2025. This consolidation will take effect on August 1, 2025, changing the board lot size for trading shares from 1,000 to 4,000 shares as of August 15, 2025. This move is expected to streamline the company’s share structure, potentially impacting trading dynamics and shareholder value.