Galaxy Entertainment Group Ltd
Galaxy Entertainment Group Limited, an investment holding company, engages in the gaming and entertainment businesses in Macau, Hong Kong, and Mainland China. It operates through Gaming and Entertainment, and Construction Materials segments. The company operates casino games of chance or games of other forms; provides hospitality and related services; and manufacture, sale and distribution of con… Read more
Galaxy Entertainment Group Ltd (GXYEF) - Net Assets
Latest net assets as of June 2025: $80.07 Billion USD
Based on the latest financial reports, Galaxy Entertainment Group Ltd (GXYEF) has net assets worth $80.07 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($94.81 Billion) and total liabilities ($14.74 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 | $80.07 Billion |
| % of Total Assets | 84.45% |
| Annual Growth Rate | 21.86% |
| 5-Year Change | 12.28% |
| 10-Year Change | 83.13% |
| Growth Volatility | 206.5 |
Galaxy Entertainment Group Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Galaxy Entertainment Group 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 Galaxy Entertainment Group Ltd (2004–2024)
The table below shows the annual net assets of Galaxy Entertainment Group Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $76.39 Billion | +7.27% |
| 2023-12-31 | $71.22 Billion | +10.47% |
| 2022-12-31 | $64.47 Billion | -6.67% |
| 2021-12-31 | $69.08 Billion | +1.53% |
| 2020-12-31 | $68.04 Billion | -8.25% |
| 2019-12-31 | $74.15 Billion | +18.02% |
| 2018-12-31 | $62.83 Billion | +12.17% |
| 2017-12-31 | $56.02 Billion | +19.53% |
| 2016-12-31 | $46.86 Billion | +12.35% |
| 2015-12-31 | $41.71 Billion | +6.99% |
| 2014-12-31 | $38.99 Billion | +17.95% |
| 2013-12-31 | $33.05 Billion | +48.26% |
| 2012-12-31 | $22.29 Billion | +52.25% |
| 2011-12-31 | $14.64 Billion | +52.94% |
| 2010-12-31 | $9.57 Billion | +13.51% |
| 2009-12-31 | $8.44 Billion | +15.96% |
| 2008-12-31 | $7.27 Billion | -61.59% |
| 2007-12-31 | $18.94 Billion | +34.09% |
| 2006-12-31 | $14.12 Billion | -8.43% |
| 2005-12-31 | $15.42 Billion | +953.37% |
| 2004-12-31 | $1.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Galaxy Entertainment Group 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 grown by 5421268900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $54.21 Billion | 71.38% |
| Common Stock | $24.25 Billion | 31.94% |
| Other Comprehensive Income | $-2.52 Billion | -3.32% |
| Other Components | $24.00K | 0.00% |
| Total Equity | $75.95 Billion | 100.00% |
Galaxy Entertainment Group Ltd Competitors by Market Cap
The table below lists competitors of Galaxy Entertainment Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Horizon National Corporation
NYSE:FHN
|
$10.46 Billion |
|
WATSCO INC. B CV DL-50
F:WC30
|
$10.47 Billion |
|
Sinopac Financial Holdings Co Ltd
TW:2890
|
$10.49 Billion |
|
Great-West Lifeco Inc
PINK:GWLIF
|
$10.50 Billion |
|
Boliden AB
ST:BOL
|
$10.39 Billion |
|
Smith (DS) PLC
PINK:DSSMY
|
$10.38 Billion |
|
Singapore Exchange Limited
PINK:SPXCF
|
$10.37 Billion |
|
Medpace Holdings Inc
NASDAQ:MEDP
|
$10.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galaxy Entertainment Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 70,759,172,000 to 75,945,644,000, a change of 5,186,472,000 (7.3%).
- Net income of 8,759,247,000 contributed positively to equity growth.
- Dividend payments of 3,496,218,000 reduced retained earnings.
- Share repurchases of 18,142,000 reduced equity.
- Other comprehensive income decreased equity by 378,052,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.76 Billion | +11.53% |
| Dividends Paid | $3.50 Billion | -4.6% |
| Share Repurchases | $18.14 Million | -0.02% |
| Other Comprehensive Income | $-378.05 Million | -0.5% |
| Other Changes | $319.64 Million | +0.42% |
| Total Change | $- | 7.33% |
Book Value vs Market Value Analysis
This analysis compares Galaxy Entertainment Group 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: 0.23x
- 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.
- The price-to-book ratio has decreased from 3.67x to 0.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $1.10 | $4.03 | x |
| 2005-12-31 | $6.82 | $4.03 | x |
| 2006-12-31 | $4.14 | $4.03 | x |
| 2007-12-31 | $5.46 | $4.03 | x |
| 2008-12-31 | $1.78 | $4.03 | x |
| 2009-12-31 | $2.07 | $4.03 | x |
| 2010-12-31 | $2.31 | $4.03 | x |
| 2011-12-31 | $3.38 | $4.03 | x |
| 2012-12-31 | $5.14 | $4.03 | x |
| 2013-12-31 | $7.58 | $4.03 | x |
| 2014-12-31 | $8.95 | $4.03 | x |
| 2015-12-31 | $9.57 | $4.03 | x |
| 2016-12-31 | $10.78 | $4.03 | x |
| 2017-12-31 | $12.87 | $4.03 | x |
| 2018-12-31 | $14.36 | $4.03 | x |
| 2019-12-31 | $16.93 | $4.03 | x |
| 2020-12-31 | $15.54 | $4.03 | x |
| 2021-12-31 | $15.69 | $4.03 | x |
| 2022-12-31 | $14.65 | $4.03 | x |
| 2023-12-31 | $16.19 | $4.03 | x |
| 2024-12-31 | $17.36 | $4.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galaxy Entertainment Group 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): 11.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.17%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.25x
- Recent ROE (11.53%) is above the historical average (3.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 3.92% | 4.30% | 0.54x | 1.69x | $-86.64 Million |
| 2005 | 16.04% | 185.40% | 0.05x | 1.77x | $902.02 Million |
| 2006 | -11.23% | -32.80% | 0.16x | 2.14x | $-2.89 Billion |
| 2007 | -2.53% | -3.58% | 0.41x | 1.73x | $-2.31 Billion |
| 2008 | -162.46% | -108.51% | 0.56x | 2.66x | $-12.09 Billion |
| 2009 | 14.07% | 9.39% | 0.65x | 2.32x | $332.26 Million |
| 2010 | 9.77% | 4.66% | 0.76x | 2.74x | $-21.24 Million |
| 2011 | 21.12% | 7.29% | 1.15x | 2.51x | $1.58 Billion |
| 2012 | 33.76% | 13.00% | 1.28x | 2.03x | $5.19 Billion |
| 2013 | 30.98% | 15.22% | 1.43x | 1.43x | $6.81 Billion |
| 2014 | 26.95% | 14.41% | 1.38x | 1.35x | $6.50 Billion |
| 2015 | 10.12% | 8.16% | 0.92x | 1.35x | $50.91 Million |
| 2016 | 13.56% | 11.89% | 0.80x | 1.43x | $1.65 Billion |
| 2017 | 18.93% | 16.82% | 0.75x | 1.51x | $4.96 Billion |
| 2018 | 21.69% | 24.47% | 0.63x | 1.40x | $7.28 Billion |
| 2019 | 17.72% | 25.13% | 0.54x | 1.30x | $5.68 Billion |
| 2020 | -5.89% | -30.86% | 0.14x | 1.38x | $-10.72 Billion |
| 2021 | 1.94% | 6.73% | 0.23x | 1.25x | $-5.52 Billion |
| 2022 | -5.37% | -29.71% | 0.14x | 1.27x | $-9.83 Billion |
| 2023 | 9.65% | 19.13% | 0.41x | 1.23x | $-247.96 Million |
| 2024 | 11.53% | 20.17% | 0.46x | 1.25x | $1.16 Billion |
Industry Comparison
This section compares Galaxy Entertainment Group 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 |
|---|---|---|---|---|
| Galaxy Entertainment Group Ltd (GXYEF) | $80.07 Billion | 3.92% | 0.18x | $10.45 Billion |
| Archon Corporation (ARHN) | $24.65 Million | -30.23% | 8.66x | $138.42K |
| Bally's Corp (BALY) | $211.41 Million | 26.08% | 3.83x | $134.40 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 | $4.34 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 |