Paradise Entertainment Ltd

Chart & Performance

D1W1MN

P/E

5.39

P/S

1.79

EPS

0.34

Div Yield, %

2.70%

Shrs. gr., 5y

—

Rev. gr., 5y

-1.70%

Revenues

1.08b

+71.04%

Net income

361m

+448.87%

CFO

-100.00%

Dividend

Sep 13, 20240.05 HKD/sh

Profile

Paradise Entertainment Limited, an investment holding company, primarily provides casino management services in Macau and internationally. It operates through Casino Management Services and Gaming Systems segments. The company operates Casino Kam Pek Paradise, which offers various games, such as baccarat, roulette, sic bo, etc. on live multi gaming terminals, traditional tables, and slot machines. It also engages in the development, sale, and leasing of electronic gaming equipment and systems. The company's gaming products include the Live Multi Game system, which provides live table gaming to play various games on different tables while being on the same terminal; slot machines that provide chance games, bingo jackpots, and bonuses; horse racing gaming, which creates virtual sports events for betting purpose that are provided to the bet acceptance system; Personal Dice/ Personal Sic Bo, a standalone gaming terminal; Chips on Me that are member self-service chips exchange terminals; Intelligent Card Shoe that helps casino operators to handle their card games; fever screening thermographic turret cameras; trend tracker displays; X Stadium Live, a display and animation system; and systems. In addition, it provides management and consulting services; properties holding, market development, and technology and software development services; develops and sells healthcare products; and imports, exports, and sells frozen food products and packaged meats. The company was formerly known as LifeTec Group Limited and changed its name to Paradise Entertainment Limited in May 2007. The company was incorporated in 1996 and is headquartered in Central, Hong Kong. Paradise Entertainment Limited is a subsidiary of August Profit Investments Limited.

URL

https://www.hk1180.com/

IPO date

Jan 20, 1997

Employees

260

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	1,084,850 71.04%	634,281 112.97%	297,820 -39.73%
Cost of revenue	733,682	599,178	519,372
Unusual Expense (Income)
NOPBT	351,168	35,103	(221,552)
NOPBT Margin	32.37%	5.53%
Operating Taxes	13,624	1,303	(4,632)
Tax Rate	3.88%	3.71%
NOPAT	337,544	33,800	(216,920)
Net income	361,057 448.87%	65,782 -142.56%	(154,565) 79.49%
Dividends
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current	66,275	51,596	84,767
Long-term debt	137,005	181,682	139,947
Deferred revenue
Other long-term liabilities			(115,348)
Net debt	(185,901)	126,305	173,361
Cash flow
Cash from operating activities		103,363	(74,489)
CAPEX		(14,671)	(15,323)
Cash from investing activities		(27,645)	(14,254)
Cash from financing activities		(40,162)	46,195
FCF	421,822	(22,349)	(181,009)
Balance
Cash	389,181	59,627	20,179
Long term investments		47,346	31,174
Excess cash	334,938	75,259	36,462
Stockholders' equity	540,051	(827,337)	(862,814)
Invested Capital	385,100	1,237,983	1,241,534
ROIC	41.59%	2.73%
ROCE	48.77%	8.55%
EV
Common stock shares outstanding	1,052,185	1,052,185	1,052,185
Price	0.91 0.00%	0.91 35.82%	0.67 -39.64%
Market cap	957,488 0.00%	957,488 35.82%	704,964 -39.64%
EV	810,020	1,104,622	906,701
EBITDA	351,168	90,122	(168,937)
EV/EBITDA	2.31	12.26
Interest		18,648	7,515
Interest/NOPBT		53.12%