Miramar Hotel & Investment Co. Ltd.

Miramar Hotel & Investment Co. Ltd.

HHKEX:71
9.70
HKD
-0.10
(-1.07%)
7.01BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.27
5.42
5.63
5.4
5.29
4.65
4.43
1.9
1.81
1.99
3.69
4.14
3.73
- -
Basic EPS, GAAP
2.21
2.25
2.35
2.21
2.52
2.36
1.86
0.44
0.48
0.69
1.41
1.08
0.98
- -
Free Cash Flow per Basic Share
0.71
0.62
0.75
0.67
0.68
0.72
0.87
-0.22
0.28
0.3
0.89
0.3
0.27
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
21.02
22.79
24.57
26.21
27.09
27.54
28.77
28.73
28.77
28.9
29.65
30.22
30.73
30.73
Tangible Book Value per Share
21.02
22.79
24.57
26.21
27.09
27.54
28.77
28.73
28.77
28.9
29.65
30.22
30.73
30.73
Basic Weighted Avg Shares
577
577
577
577
602
688
691
691
687
696
691
691
691
691
Sales/Revenue/Turnover
3,044
3,127
3,251
3,118
3,186
3,199
3,062
1,315
1,247
1,382
2,553
2,858
2,581
- -
Operating Margin (%)
17.19
20.9
22.27
22.14
25.8
27.56
26.66
30.76
38.8
33.09
26.28
23.01
20.4
- -
Depreciation Expense
148
144
157
146
114
99
133
90
67
58
67
77
80
- -
Net Income, GAAP
1,278
1,301
1,355
1,277
1,519
1,624
1,288
302
330
480
977
747
677
- -
Effective Tax Rate (%)
10.76
9.59
9.58
10.67
8.47
8.72
9.73
24.34
20.6
15.8
9.82
13.03
13.17
- -
Profit Margin (%)
41.97
41.6
41.69
40.94
47.68
50.77
42.08
22.96
26.46
34.73
38.28
26.12
26.24
- -
Working Capital
1,755
2,013
2,222
2,115
3,136
4,400
4,763
4,899
5,077
5,155
5,320
6,094
6,595
6,595
LT Debt
1,692
1,162
968
352
- -
- -
88
44
47
57
41
48
14
14
Total Equity
12,272
13,292
14,330
15,279
17,160
19,171
20,046
19,998
20,042
20,121
20,672
21,100
21,434
21,434
Return on Invested Capital (%)
3.89
3.82
4.75
3.81
4.7
4.5
3.73
1.39
1.86
1.91
2.95
2.72
2.14
- -
Return on Capital (%)
9.13
8.46
8.44
7.9
9.03
8.75
6.31
1.48
1.62
2.35
4.58
3.31
3.08
- -
Return on Common Equity (%)
11.01
10.29
9.92
8.71
9.45
9.01
6.62
1.52
1.66
2.41
4.83
3.61
3.22
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
46
45
39
LT Borrowings
- -
- -
- -
LT Finance Leases
48
30
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
691
691
691
Market Capitalization
6,295
6,578
7,013

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
6,862
7,299
7,304
Cash, Cash Equivalents & STI
6,455
6,903
6,908
Accounts Receivable, Net
86
62
84
Inventories
115
113
116
Total Current Liabilities
768
907
708
Payables & Accruals
- -
- -
- -
ST Debt
46
45
39
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.2%
1.4%
1.58%
Free Cash Flow
-18.86%
-20.33%
-10.47%
Net Income, GAAP
4.83%
25.09%
-9.26%
Sales/Revenue/Turnover
2.98%
18.53%
-9.69%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,553
2024
- -
- -
2,858
2025
- -
- -
2,581

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1.41
2024
- -
- -
1.08
2025
- -
- -
0.98

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

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

Company Description

CEO
Ka Shing Lee
Full Time Employees
1,339
Sector
Finance
Industry
Real estate development
Address
Mira Place Tower A Hong Kong Hong Kong
IPO Date
Jul 1, 1970
Business
Miramar Hotel and Investment Company, Limited (0071.HK) operates as an investment holding company primarily engaged in hotel operations, property rental, and property development in Hong Kong and Mainland China. The company offers hotel accommodation services through its properties including the Miramar Hotel in Tsim Sha Tsui, Kowloon; Kerry Hotel in Hung Hom, Kowloon; and LHT Tower Hotel in North Point, Hong Kong Island; serviced apartments under the Ovolo brand; and food and beverage outlets such as restaurants and bars within its hotels. It also provides property leasing services for commercial and retail spaces in properties like Miramar Tower and LHT Tower in Hong Kong, and engages in property development for sale or lease, including residential and commercial projects. Founded in 1964 and headquartered in Tsim Sha Tsui, Kowloon, Hong Kong, the company targets leisure and business travelers, corporate tenants, and property investors primarily in the Asia-Pacific region, with a focus on Hong Kong and select areas in Mainland China. Its business segments encompass hotel operations, property investment (rental income from office and retail spaces), property development, and ancillary services like event hosting and catering. Subsidiaries include Miramar Hospitality Management Limited for hotel management and various property holding entities. In recent developments, the company completed the divestment of its stake in a non-core property asset in late 2024, allowing refocus on core hotel and prime rental portfolios amid Hong Kong's tourism recovery. It announced a strategic partnership with international hotel chains in early 2025 to enhance operational efficiencies at its Kowloon properties through technology upgrades and loyalty program integrations. Additionally, Miramar launched a new premium serviced apartment offering under the Ovolo brand extension in mid-2025, targeting long-stay business clientele and capitalizing on inbound travel growth.