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Sands China (1928) Stock Price & Analysis

35 Followers

1928 Stock Chart & Stats

HK$11.18-HK$0.10(-0.89%)
At close: 4:00 PM GMT+8
HK$11HK$12HK$13HK$14Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
HKD 11.11 - HKD 11.38
52-Week Range
HKD 10.47 - HKD 22.00
Previous Close
HKD 11.28
Volume
N/A
Average Volume (3M)
21.15M
Market Cap
HKD 91.29B
Enterprise Value
HKD 149.39B
Total Cash (Recent Filing)
HKD 850.88M
Total Debt (Recent Filing)
HKD 6.43B
Price to Earnings (P/E)
13.6
Beta
0.90
Next Earnings
Feb 12, 2027 (Est.)
EPS Estimate
0.49
Last Dividend Ex-Date
Sep 16, 2026
Dividend Yield
8.94%

Bulls Say, Bears Say

Bulls Say

Integrated Resort Model

The integrated-resort model creates several customer spending channels around the same properties. Gaming, lodging, retail, dining, entertainment and MICE can reinforce one another, supporting cross-selling, visitor monetization and a broader earnings base than casino revenue alone.

Profitability Recovery

The return to solid profitability across 2023–2025 demonstrates meaningful recovery from the earlier loss period. A strong 2025 net margin provides internal earnings capacity for operations and investment, although future durability remains tied to the volatility of demand.

Positive Cash Generation

Consistently positive free cash flow in the recent period strengthens the company’s ability to fund operations and capital needs internally. The substantial 2025 improvement also provides a more resilient financial foundation, provided operating conditions remain supportive.

Bears Say

High Leverage

Very high leverage leaves Sands China with limited balance-sheet flexibility and increases the financial consequences of weaker operating performance. Negative equity in 2022–2023 also shows that the capital structure has been historically stressed, despite positive equity more recently.

Revenue Volatility

Large year-to-year revenue swings indicate strong sensitivity to Macau demand and the operating cycle. The sharp 2025 decline is particularly important because it can reduce fixed-cost absorption, pressure margins and make earnings recovery less predictable over the next several quarters.

Cyclical Cash Flow

The history of negative operating and free cash flow shows that the business can experience substantial cash pressure during downturns. This cyclicality may constrain investment and debt reduction when conditions weaken, even though recent cash generation has improved materially.

Sands China News

1928 FAQ

What was Sands China’s price range in the past 12 months?
Sands China lowest stock price was HK$10.47 and its highest was HK$22.00 in the past 12 months.
What is Sands China’s market cap?
Sands China’s market cap is HK$91.29B.
When is Sands China’s upcoming earnings report date?
Sands China’s next earnings report is estimated for Apr 22, 2026 (not yet confirmed), which is 204 days ago.
How were Sands China’s earnings last quarter?
Sands China released its earnings results on Aug 14, 2026. The company reported HK$0.078 earnings per share for the quarter.
Is Sands China overvalued?
According to Wall Street analysts Sands China’s price is currently Undervalued.
Does Sands China pay dividends?
Sands China pays a semiannual dividend of HK$0.5 which represents an annual dividend yield of 8.94%. See more information on Sands China dividends here
What is Sands China’s EPS estimate?
Sands China’s EPS estimate is 0.31.
How many shares outstanding does Sands China have?
Sands China has 8,093,379,400 shares outstanding.
What happened to Sands China’s price movement after its last earnings report?
Sands China reported an EPS of HK$0.078 in its last earnings report. Following the earnings report the stock price went down -1.256%.
Which hedge fund is a major shareholder of Sands China?
Currently, no hedge funds are holding shares in HK:1928
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology