Studio City International Holdings Ltd
Studio City International Holdings Limited provides provision of services pursuant to a casino contract and the hospitality business 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 per… Read more
Studio City International Holdings Ltd (MSC) - Net Assets
Latest net assets as of December 2025: $573.38 Million USD
Based on the latest financial reports, Studio City International Holdings Ltd (MSC) has net assets worth $573.38 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.80 Billion) and total liabilities ($2.22 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $573.38 Million |
| % of Total Assets | 20.5% |
| Annual Growth Rate | -5.95% |
| 5-Year Change | -39.27% |
| 10-Year Change | -29.77% |
| Growth Volatility | 20.31 |
Studio City International Holdings Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Studio City International Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Studio City International Holdings Ltd (2015–2025)
The table below shows the annual net assets of Studio City International Holdings Ltd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $573.38 Million | -11.31% |
| 2024-12-31 | $646.52 Million | -11.31% |
| 2023-12-31 | $728.98 Million | -16.80% |
| 2022-12-31 | $876.14 Million | -7.21% |
| 2021-12-31 | $944.18 Million | -25.52% |
| 2020-12-31 | $1.27 Billion | +9.41% |
| 2019-12-31 | $1.16 Billion | +5.68% |
| 2018-12-31 | $1.10 Billion | +48.15% |
| 2017-12-31 | $740.04 Million | -9.36% |
| 2016-12-31 | $816.48 Million | -22.93% |
| 2015-12-31 | $1.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Studio City International Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 150023200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $84.00K | 0.02% |
| Other Comprehensive Income | $618.00K | 0.12% |
| Other Components | $2.48 Billion | 472.88% |
| Total Equity | $523.89 Million | 100.00% |
Studio City International Holdings Ltd Competitors by Market Cap
The table below lists competitors of Studio City International Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indo Count Industries Limited
NSE:ICIL
|
$206.29 Million |
|
Spok Holdings Inc
NASDAQ:SPOK
|
$206.30 Million |
|
OVH GROUPE (PROM.)EO 1
F:7U7
|
$206.34 Million |
|
Ce Link Ltd
SHE:300787
|
$206.34 Million |
|
Barrett Business Services Inc
NASDAQ:BBSI
|
$205.95 Million |
|
Redtape Limited
NSE:REDTAPE
|
$205.94 Million |
|
Beijing Fengshangshiji Culture Medi
SHE:300860
|
$205.89 Million |
|
Patriot Battery Metals Inc
OTCQX:PMETF
|
$205.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Studio City International Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 590,735,000 to 523,886,999, a change of -66,848,001 (-11.3%).
- Net loss of 58,765,000 reduced equity.
- Other comprehensive income decreased equity by 8,083,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-58.77 Million | -11.22% |
| Other Comprehensive Income | $-8.08 Million | -1.54% |
| Other Changes | $-1.00 | -0.0% |
| Total Change | $- | -11.32% |
Book Value vs Market Value Analysis
This analysis compares Studio City International Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.28x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $14.26 | $3.03 | x |
| 2016-12-31 | $10.99 | $3.03 | x |
| 2017-12-31 | $9.96 | $3.03 | x |
| 2018-12-31 | $22.90 | $3.03 | x |
| 2019-12-31 | $19.17 | $3.03 | x |
| 2020-12-31 | $54.77 | $3.03 | x |
| 2021-12-31 | $40.79 | $3.03 | x |
| 2022-12-31 | $17.90 | $3.03 | x |
| 2023-12-31 | $15.14 | $3.03 | x |
| 2024-12-31 | $12.27 | $3.03 | x |
| 2025-12-31 | $10.88 | $3.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Studio City International Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.46%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 5.34x
- Recent ROE (-11.22%) is above the historical average (-17.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -21.95% | -335.42% | 0.02x | 3.20x | $-338.49 Million |
| 2016 | -29.74% | -57.19% | 0.14x | 3.70x | $-324.44 Million |
| 2017 | -10.33% | -14.16% | 0.18x | 3.96x | $-150.44 Million |
| 2018 | -1.97% | -3.78% | 0.20x | 2.56x | $-131.24 Million |
| 2019 | 2.90% | 5.36% | 0.23x | 2.34x | $-82.30 Million |
| 2020 | -25.37% | -653.61% | 0.02x | 2.40x | $-448.40 Million |
| 2021 | -26.75% | -236.32% | 0.03x | 3.52x | $-346.97 Million |
| 2022 | -37.26% | -2826.91% | 0.00x | 4.10x | $-414.07 Million |
| 2023 | -18.32% | -29.97% | 0.14x | 4.44x | $-206.42 Million |
| 2024 | -16.37% | -15.13% | 0.21x | 5.05x | $-155.80 Million |
| 2025 | -11.22% | -8.46% | 0.25x | 5.34x | $-111.15 Million |
Industry Comparison
This section compares Studio City International Holdings Ltd's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $3,859,979,137
- Average return on equity (ROE) among peers: -4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Studio City International Holdings Ltd (MSC) | $573.38 Million | -21.95% | 3.88x | $206.25 Million |
| Archon Corporation (ARHN) | $24.65 Million | -30.23% | 8.66x | $132.68K |
| Bally's Corp (BALY) | $211.41 Million | 26.08% | 3.83x | $133.77 Million |
| Bloomberry Resorts Corporation (BLBRF) | $30.29 Billion | 20.05% | 1.40x | $522.71 Million |
| Blue Ridge Real Estate Company (BRRE) | $-708.73K | 0.00% | 0.00x | $8.61 Million |
| Boyd Gaming Corporation (BYD) | $1.11 Billion | 10.52% | 2.51x | $4.44 Billion |
| Banyan Tree Holdings Limited (BYNEF) | $719.75 Million | 1.87% | 1.27x | $195.40K |
| Concorde Gaming Corporation (CGAM) | $1.98 Million | -48.86% | 7.92x | $0.91 |
| Century Casinos Inc (CNTY) | $126.98 Million | -37.80% | 4.36x | $29.64 Million |
| Canterbury Park Holding Corporation (CPHC) | $49.42 Million | 5.50% | 0.32x | $39.22 Million |
| Caesars Entertainment Corporation (CZR) | $6.07 Billion | 8.83% | 2.67x | $3.95 Billion |