Studio City International Holdings Limited

NYSE•MSC

CEO: Mr. Geoffrey Stuart Davis C.F.A.

セクター: Consumer Cyclical

業種: Gambling, Resorts & Casinos

上場日: 2018-10-18

Studio City International Holdings Limited operates an entertainment resort in Macau. It operates Studio City Casino, comprising gaming tables, including tables for VIP rolling chip operations and gaming machines; and resort, which offers various non-gaming attractions, including figure-8 ferris wheel, night club and karaoke venue, live performance arena, and an outdoor and indoor water park, as well as hotel rooms and various food and beverage establishments, and retail space. The company was formerly known as Cyber One Agents Limited and changed its name to Studio City International Holdings Limited in January 2012. The company was founded in 2000 and is based in Central, Hong Kong. Studio City International Holdings Limited is a subsidiary of MCO Cotai Investments Limited.

連絡先情報

The Centrium, 38th Floor 60 Wyndham Street, Central, Hong Kong

852-2598-3600

www.studiocity-macau.com

時価総額

$145.89M

PER (TTM)

-2.5

19.8

配当利回り

52週高値

$6.63

52週安値

$2.55

52週レンジ

12%

順位52Top 73.5%

2.9

F-Score

改良版 Piotroski 分析

10年ファンダメンタル

弱い • 2.9 / 9 ポイント

スコアレンジ (0-9)

8-9: 価値が優れている

6-7: 基礎体質が強い

4-5: 全体的に堅調

0-3: パフォーマンスが弱い

データ期間: 2016-2025

財務ダッシュボード

Q4 2025 データ

売上高

$160.28M+0.00%

直近4四半期の推移

EPS

-$0.44+0.00%

直近4四半期の推移

フリーCF

$0.00+0.00%

直近4四半期の推移

2025 Annual 決算ハイライト

主なハイライト

Operating Income Improvement Operating income reached US$70.0M in 2025, significantly up from US$38.1M in 2024, driven by mass market performance.

Revenue Growth Strong Total operating revenues were US$694.6M in 2025, marking an 8.7% increase compared to US$639.1M reported in 2024.

Adjusted EBITDA Margin Rises Adjusted EBITDA was US$284.5M in 2025, yielding a 41.0% margin, improving from 38.4% margin in the prior year.

Hotel Occupancy High Hotel occupancy rate reached 98% in 2025, reflecting strong inbound tourism and higher average daily rates of US$171.

リスク要因

Regulatory Macau Exposure Revenues heavily reliant on Macau operations; PRC/Macau government policies could materially and adversely affect results.

Substantial Indebtedness Level Total principal amount of outstanding indebtedness stood at US$2.03B as of December 31, 2025, requiring significant payments.

Gaming Operator Dependency Reliance on Gaming Operator for casino operations; failure to comply risks concession termination or operational disruption.

Tax Exemption Rejected Macau complementary tax exemption application for 2023-2032 was rejected, potentially impacting future financial condition.

見通し

Focus Mass Market Growth Strategy centers on cultivating growth in premium mass and mass market gaming operations moving forward.

Retain Funds for Debt Service Expect to retain most available funds to repay debt, fund operations, and support future business development.

Technology Investment Planned Plan to invest in technologies and analytical capability to enhance table productivity and improve customer retention efforts.

Future Financing Uncertainties Ability to obtain future financing on satisfactory terms remains uncertain, subject to market conditions and credit ratings.

同業比較

売上高 (TTM)

DBI

$2.89B

-5.2%

BZUN

$1.35B

+6.1%

PLCE

$1.29B

-10.1%

粗利益率 (最新四半期)

JILL

70.9%

-0.5pp

FOSL

57.4%

-0.4pp

SDA

54.4%

+1.1pp

主要指標

銘柄コード	時価総額	PER (TTM)	ROE (TTM)	負債比率
RCKY	$317.14M	14.2	9.2%	26.0%
DBI	$271.51M	-10.3	-9.4%	61.9%
FOSL	$265.58M	-3.3	-61.9%	40.9%

長期トレンド

直近4四半期

売上高

純利益

営業キャッシュフロー

4四半期売上高CAGR

-0.3%

横ばい

4四半期純利益CAGR

N/M

収益構造の変化

キャッシュフロー安定性

キャッシュフローに注意が必要

深度リサーチ

次回決算:2026年4月30日

EPS:-

売上高:-

財務データ

決算説明会

財務レポート

ニュース

損益計算書

バランスシート

キャッシュフロー計算書

財務比率

変化率

損益計算書	直近12ヶ月

データなし