Overview
Galaxy Entertainment Group Limited is a safe bet as a casino operator on the peninsula of Macau, a gambling destination off the coast of China. The group's flagship property is the Galaxy Macau, comprised offive hotels totaling approximately 3,600 rooms. The group also owns the 500-room StarWorld Macau. Galaxy Entertainment Group is one of the world's leading resorts, hospitality and gaming companies. It primarily develops and operates a large
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Read More portfolio of integrated resort, retail, dining, hotel and gaming facilities in Macau. Most of its sales were generated in Macau.
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Read More portfolio of integrated resort, retail, dining, hotel and gaming facilities in Macau. Most of its sales were generated in Macau.
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Gambling Industries
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Lumber and Other Construction Materials Merchant Wholesalers
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Amusement, Gambling, and Recreation Industries
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Arts, Entertainment, and Recreation
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Gambling establishment
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Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures
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Amusement Parks and Arcades
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Independent Artists, Writers, and Performers
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Museums, Historical Sites, and Similar Institutions
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Other Amusement and Recreation Industries
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Performing Arts Companies
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Promoters of Performing Arts, Sports, and Similar Events
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Spectator Sports
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$5.58 billion
Actual
21.71%
28.29%
$94,577
DEC
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?
Hong Kong:00027
Contacts
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WAI YU PADDY LUIDirector
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$5.58 billion
USD
Actual
1 USD = 7.7808 HKD
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $1,484 | $1,490 | -$383 |
Net Investing Cash | -$610 | -$1,372 | $390 |
Net Financing Cash | -$254 | -$1,003 | -$20 |
Net Change in Cash | $620 | -$885 | -$13 |
Cash at Beginning of Period | $848 | $1,734 | $1,749 |
Cash at End of Period | $1,467 | $848 | $1,734 |
Capital Expenditure | -$626 | -$773 | -$653 |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $2,621 | $1,865 | $1,802 |
Accounts Receivable | $77 | $91 | $73 |
Inventories | $27 | $29 | $27 |
Other Current Assets | $500 | $484 | $400 |
Asset Summary | |||
Total Current Assets | $3,226 | $2,469 | $2,302 |
Tangible Fixed Assets | $7,067 | $6,969 | $6,471 |
Intangible Assets | $287 | $321 | $4 |
Total Assets | $94,578 | $87,215 | $80,961 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $395 | $356 | $291 |
Short-Term Debt | $547 | $197 | $974 |
Other Current Liabilities | $959 | $1,058 | $701 |
Liability Summary | |||
Total Current Liabilities | $1,902 | $1,611 | $1,966 |
Long-Term Debt | $ | $ | $ |
Other Long-Term Liabilities | $ | $ | $ |
Total Liabilities | $2,337 | $2,056 | $2,120 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Equity | |||
Common Stock | $3,117 | $3,098 | $3,080 |
Retained Earnings | $ | $ | $ |
Equity Summary | |||
Total Equity | $9,761 | $9,094 | $8,214 |
Shares Outstanding | 4,374,894,550 | 4,373,586,962 | 4,368,911,944 |