LET Group Holdings Limited

LET Group Holdings Limited

1383.HK
LET Group Holdings LimitedHK flagHong Kong Stock Exchange
0.04
HKD
- -
- -
312.16MMarket Cap
LET Group Holdings Limited
1383.HK
(Hong Kong Stock Exchange)

Recent

price

0.04

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
FRC
0.84
1.85
0.9
0.54
0.18
0.68
0.57
0.64
0.11
0.15
0.1
0.03
0.04
0.06
0.05
0.06
Revenue per Share
0.08
0.08
-3.1
0.07
-0.45
-0.11
-0.19
-0.41
0.04
-0.27
-0.25
0.13
-0.04
-0.02
0.04
0.01
Basic EPS, GAAP
-0.9
-1.53
0.29
-0.89
-0.12
-0.23
0.69
0.39
0.04
- -
-0.03
-0.35
-0.15
-0.08
-0.09
-0.1
Free Cash Flow per Basic Share
- -
0.17
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.02
2
-0.55
0.03
-0.36
-0.43
-0.65
-0.54
0.1
0.11
0.1
0.1
-0.78
-0.84
-0.8
-0.83
Book Value per Share
3.98
3.88
1.82
1.29
0.36
0.23
-0.53
-0.28
-0.05
-0.2
-0.29
0.82
0.72
0.64
0.66
0.65
Tangible Book Value per Share
491
538
445
743
1,651
1,698
1,519
1,932
6,073
6,116
6,667
6,667
6,668
6,668
6,894
6,937
Basic Weighted Avg Shares
412
994
401
403
290
1,147
867
1,238
652
903
681
182
294
372
369
415
Sales/Revenue/Turnover
47.61
-14.4
-71.43
-41.08
-155.14
-13.43
23.18
33.7
8.33
11.22
-11.63
-102.61
-46.6
-14.93
-18.63
-9.7
Operating Margin (%)
3
5
3
3
3
3
3
2
2
2
5
28
111
84
83
62
Depreciation Expense
37
44
-1,382
49
-740
-181
-293
-784
236
-1,661
-1,652
885
-258
-138
278
55
Net Income, GAAP
51.77
46.55
- -
- -
- -
285.53
- -
- -
24.87
- -
- -
0.28
- -
- -
50.17
108.26
Effective Tax Rate (%)
9.02
4.44
-344.57
12.11
-255.04
-15.76
-33.74
-63.33
36.17
-184.01
-242.6
486.52
-87.75
-37.16
75.44
13.21
Profit Margin (%)
2,169
1,511
506
-179
-447
141
-2,413
-1,421
-1,579
-2,244
-3,664
1,606
699
65
1,244
716
Working Capital
1,583
1,305
552
- -
186
1,363
573
911
485
1,543
1,394
2,847
1,413
1,081
2,140
2,347
LT Debt
1,954
2,084
812
957
586
390
-677
-528
-297
-1,206
-1,904
5,466
4,827
4,310
4,563
4,503
Total Equity
2.42
-1.73
- -
- -
- -
7.87
- -
- -
2.2
- -
- -
-3.46
- -
- -
-0.52
0.05
Return on Invested Capital (%)
4.88
5.61
- -
- -
- -
-42.22
- -
- -
32.91
- -
- -
25.33
- -
- -
-25.23
-5.08
Return on Capital (%)
317.6
8.1
- -
- -
- -
- -
- -
- -
- -
-256.93
-248.4
132.71
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-38.02%
-81%
-1.32%
Free Cash Flow
139.46%
206.1%
23.13%
Net Income, GAAP
-141.59%
-142.15%
-80.34%
Sales/Revenue/Turnover
1.14%
5.29%
12.29%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
372
2023
- -
- -
- -
- -
369
2024
- -
- -
- -
- -
415

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
-0.02
2023
- -
- -
- -
- -
0.04
2024
- -
- -
- -
- -
0.01

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
Business
LET Group Holdings Limited (HKEx: 1383), formerly known as Suncity Group Holdings Limited, is a Cayman Islands-incorporated investment holding company headquartered in Central, Hong Kong, that develops and operates integrated resorts primarily in Asia; its principal activities encompass gaming and hotel operations through subsidiaries such as Summit Ascent Holdings Limited in the Russian Federation's Integrated Entertainment Zone Primorye (Tigre de Cristal resort, generating revenue from gaming tables, slot machines, hotel rooms, and ancillary services), development of a 5-star hotel and casino complex (Main Hotel Casino or LETX Resort under the Westside City Project) in Entertainment City, Manila, Philippines via 51%-owned Suntrust Resort Holdings Inc., trading of agricultural and industrial products in Russia, property development and sales of residential, office, and hotel premises in Japan, and management of shopping malls in the People's Republic of China; operations span the Russian Federation, Philippines, Japan, PRC, Vietnam, Macau, Cambodia, Hong Kong, and other international markets, targeting leisure, gaming, hospitality, and real estate customers, with Summit Ascent operating as a 77.5%-owned subsidiary and Suntrust as a majority-owned entity under parent Major Success Group Limited. Incorporated in 2006 and renamed in August 2022 amid strategic restructuring, the company reports revenue predominantly from continuing operations in Tigre de Cristal (HK$414.5 million in FY2024, up 12.3% year-over-year from gaming HK$377.1 million and hotel HK$37.4 million) and interim H1 2025 revenue of HK$312.9 million (65% increase), boosted by new trading activities (HK$100.1 million); recent developments include loan facilities from China Banking Corporation (PHP25 billion drawn PHP11 billion as of mid-2025 for Philippines project secured by Suntrust assets), multiple construction contracts for Westside City (e.g., US$9 million fit-out with GMI Construction Corp., PHP719 million materials with E.E. Black Ltd., US$5.3 million equipment with IGT Asia), full repayment of Vietnam joint venture advances (US$31.2 million in April 2024 leading to its deregistration), asset restructuring emphasizing Philippines growth amid Philippines GGR surge to PHP372.3 billion in 2024 (30.5% up), director changes (e.g., Lam Hung Tuan appointed March 2025), delisting from HKEx effective September 1, 2025 after trading suspension failure, ongoing Main Hotel Casino construction (target Q3 2026 opening, structural works complete), and default on HK$137.5 million other borrowing (due December 2024 with negotiations for extension).