1. Macao Stocks

  2. •

    Consumer Cyclical

  3. •

    Gambling, Resorts & Casinos
Macau Legend Development Limited

Macau Legend Development Limited

MALDF
Macau Legend Development LimitedUS flagOther OTC
0.02
USD
- -
- -
14.57MMarket 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
Revenue per Share
3.08
2.82
2.23
2.34
2.93
2.98
3.78
1.13
1.83
1.15
1.19
0.61
0.58
Basic EPS, GAAP
0.89
0.75
-0.42
-0.44
-0.81
3.14
-0.3
-3.15
-1.92
-0.98
-0.01
-1
-2.51
Free Cash Flow per Basic Share
0.92
-0.61
-1.45
-2.87
-0.19
-1.12
-0.07
-1.16
-0.64
-0.46
0.27
0.25
0.21
Dividend per Share
0.09
- -
- -
- -
- -
0.8
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.09
1
0.99
1
1
5.99
5.7
2.58
0.66
-0.32
-0.33
-1.31
-0.9
Tangible Book Value per Share
8.57
10.08
9.56
9.05
8.4
12.02
11.74
8.75
6.87
5.91
5.91
4.87
2.36
Basic Weighted Avg Shares
573
642
643
629
627
627
624
621
620
620
620
623
623
Sales/Revenue/Turnover
1,764
1,811
1,436
1,471
1,836
1,865
2,360
701
1,136
712
740
378
359
Operating Margin (%)
28.9
23.4
-13.28
-17.32
-15.09
-6.15
-5.83
-133.28
-69.33
-92.5
-36.21
-72.42
-68.57
Depreciation Expense
127
189
278
313
440
391
449
478
473
420
382
333
238
Net Income, GAAP
510
479
-269
-277
-507
1,966
-190
-1,955
-1,190
-607
-5
-623
-1,566
Effective Tax Rate (%)
- -
- -
- -
- -
- -
19.79
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
28.91
26.44
-18.7
-18.86
-27.63
105.4
-8.06
-279.02
-104.83
-85.33
-0.67
-164.57
-436.79
Working Capital
1,581
4,059
2,578
-1,199
-1,596
525
83
-735
-788
-978
-800
-2,513
-2,704
LT Debt
1,049
3,778
3,395
2,410
1,791
1,822
1,641
1,879
2,305
2,107
2,021
87
90
Total Equity
5,596
7,460
7,093
6,692
6,236
7,692
7,464
5,521
4,315
3,708
3,705
3,038
1,469
Return on Invested Capital (%)
- -
- -
- -
- -
- -
-0.94
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
42.17
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
88.88
75.45
-41.9
-43.93
-80.95
89.75
-5.2
-75.83
-118.53
- -
- -
- -
- -

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
-12.38%
-21.13%
-51.63%
Free Cash Flow
167.84%
-50.51%
-15.59%
Net Income, GAAP
1,293.34%
2,503.35%
151.58%
Sales/Revenue/Turnover
-4.04%
-5.08%
-5.21%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
740
2024
- -
- -
- -
- -
378
2025
- -
- -
- -
- -
359

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-0.01
2024
- -
- -
- -
- -
-1
2025
- -
- -
- -
- -
-2.51

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Chu Kwan Li
Full Time Employees
1,149
Sector
Consumer Cyclical
Industry
Gambling, Resorts & Casinos
Address
Palace Building Macau Macao
IPO Date
Jan 15, 2014
Website
macaulegend.com
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Business
Macau Legend Development Limited, an investment holding company incorporated in the Cayman Islands in 2006 and headquartered at Macau Landmark, No. 555 Avenida da Amizade in Macau, owns and operates integrated entertainment, hotel, and non-gaming facilities primarily on the Macau Peninsula. The company conducts business through gaming and non-gaming segments; its core properties encompass Macau Fisherman's Wharf, a waterfront complex featuring convention facilities, themed hotels including Legend Palace Hotel, Harbourview Hotel, and Rocks Hotel, retail outlets selling clothing, footwear, and accessories, building management services, food and beverage operations, and licensing income from shops; it previously managed satellite casinos such as Legend Palace Casino, Babylon Casino, and Landmark Casino under agreements with SJM Holdings Limited, alongside gaming-related general management services for mass market tables, VIP rooms, and slot machines. Geographic operations center on Macau, with past ventures in Laos People's Democratic Republic via Savan Legend Resorts Hotel, an integrated casino and hotel property, and abandoned projects in Cape Verde and Cambodia. Recent major developments include the completion of the sale of its entire equity interest in Savan Legend Resorts to a Japanese buyer in May 2024 for an initial US$39 million plus adjustments, yielding a pre-tax gain of approximately HK$47 million and enabling reallocation of resources to Macau operations; the termination of satellite casino agreements with SJM Holdings, with Legend Palace Casino operations ceasing after December 31, 2025, prompting classification of gaming as a discontinued operation and recognition of HK$1.42 billion impairment loss in the first half of 2025; ongoing debt restructuring agreements reached in June 2025 with lenders covering approximately HK$2 billion in bank loans, deferring repayments to 2026-2027 and including monthly installments starting February 2025 alongside liquidity oversight; a planned rights issue in October 2025 to raise up to HK$93 million for working capital, trade liabilities, taxes, and interest amid current liabilities of HK$2.56 billion and cash balances of HK$21.7 million as of June 30, 2025; and a reported full-year 2024 net loss of HK$622.6 million, escalating to a first-half 2025 loss of HK$1.42 billion despite improved adjusted EBITDA from non-gaming activities.