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Macau E&M Holding Limited

Macau E&M Holding Limited

HHKEX:1408
0.37
HKD
+0.01
(+2.78%)
120.00MMarket Cap
Macau E&M Holding Limited
HKEX:1408
(Hong Kong Exchange)

Recent

price

0.37

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
MOP
0.32
0.44
0.48
0.65
0.37
0.29
0.26
0.18
0.15
- -
Revenue per Share
0.06
0.05
0.08
0.06
0.05
0.02
-0.01
- -
- -
- -
Basic EPS, GAAP
0.03
0.04
0.03
0.08
0.05
-0.08
0.05
-0.01
0.05
- -
Free Cash Flow per Basic Share
0.03
0.02
- -
- -
- -
0.06
0.01
- -
- -
- -
Dividend per Share
0.09
0.12
0.2
0.42
0.47
0.43
0.41
0.41
0.41
0.41
Book Value per Share
0.09
0.12
0.2
0.42
0.47
0.43
0.41
0.41
0.41
0.41
Tangible Book Value per Share
500
500
500
428
500
500
500
500
500
500
Basic Weighted Avg Shares
161
218
238
277
184
143
128
92
77
- -
Sales/Revenue/Turnover
21.51
14.94
19.45
10.48
15.11
6.29
-5.83
-7.41
-3.06
- -
Operating Margin (%)
1
1
1
1
1
2
1
1
1
- -
Depreciation Expense
30
27
41
27
26
9
-4
-2
2
- -
Net Income, GAAP
13.42
15.33
11.86
10.39
9.85
11.52
- -
- -
1.72
- -
Effective Tax Rate (%)
18.57
12.57
17.06
9.64
14.22
6.51
-2.93
-2.7
2.83
- -
Profit Margin (%)
43
60
101
195
221
190
180
178
183
183
Working Capital
1
1
1
- -
1
13
12
12
14
14
LT Debt
44
62
102
210
236
215
205
203
205
205
Total Equity
- -
40.45
41.68
15.52
10.97
3.43
- -
- -
-0.89
- -
Return on Invested Capital (%)
- -
50.35
48.65
16.97
11.7
4.13
- -
- -
1.09
- -
Return on Capital (%)
- -
51.58
49.34
17.07
11.75
4.13
-1.79
-1.22
1.07
- -
Return on Common Equity (%)

Capital Structure

MOP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1
1
2
LT Borrowings
12
11
14
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
500
500
500
Market Capitalization
79
76
124

Working Capital

MOP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
201
190
201
Cash, Cash Equivalents & STI
142
151
173
Accounts Receivable, Net
25
16
14
Inventories
- -
- -
- -
Total Current Liabilities
24
13
18
Payables & Accruals
- -
- -
- -
ST Debt
1
1
2
Deferred Revenue
- -
- -
- -

Growth Rates

MOP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-0.23%
1.07%
Free Cash Flow
- -
-256.84%
-702.48%
Net Income, GAAP
- -
-85.53%
-187.39%
Sales/Revenue/Turnover
- -
-22.19%
-16.57%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

MOP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
128
2024
- -
- -
92
2025
- -
- -
77

Semi-annual Earnings Per Share

MOP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.01
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Dividends Per Share

MOP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Macau E&M Holding Limited is a Cayman Islands-incorporated investment holding company primarily engaged in providing electrical and mechanical (E&M) engineering contract works and maintenance services in Macau; its core offerings include the supply, installation, testing, and commissioning of low voltage (LV) systems, heating, ventilation, and air-conditioning (HVAC) systems, and extra low voltage (ELV) systems, as well as repair and maintenance for property and hospitality facilities such as hotels and entertainment resorts, and management of project quality and delivery. The company serves the property development, hospitality, public infrastructure, and gaming sectors, primarily in Macau with recent expansion into international markets including a significant CCTV-related project for a casino in Sri Lanka valued at MOP26.5 million. Founded in 2011 and headquartered at Estrada Marginal do Hipódromo, No. 56-68, Edifício Industrial Lee Cheung, 13 Andar D, Macau, it operates through subsidiaries focused on E&M engineering without notable parent company relationships. In recent developments, the group reported revenue of MOP92.1 million for the year ended December 31, 2024, reflecting a 28% decline due to lower contract volumes amid competition but achieved a narrowed net loss of MOP2.49 million through cost controls and operational efficiencies that boosted gross margins by 2 percentage points; for the six months ended June 30, 2025, revenue fell 29% to MOP40.4 million yet delivered a sharply reduced net loss of MOP0.17 million with gross profit margins improving to 12% via resource optimization and restructuring, while maintaining a strong liquidity position with MOP141.6 million in cash and bank balances as of year-end 2024.