MGM China Holdings Ltd
MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau. It owns and opera… Read more
MGM China Holdings Ltd (MCHVY) - Total Assets
Latest total assets as of June 2025: $30.86 Billion USD
Based on the latest financial reports, MGM China Holdings Ltd (MCHVY) holds total assets worth $30.86 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
MGM China Holdings Ltd - Total Assets Trend (2010–2024)
This chart illustrates how MGM China Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MGM China Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
MGM China Holdings Ltd's total assets of $30.86 Billion consist of 21.4% current assets and 78.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.4% |
| Accounts Receivable | $1.03 Billion | 3.4% |
| Inventory | $216.69 Million | 0.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.41 Billion | 4.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how MGM China Holdings Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MGM China Holdings Ltd's current assets represent 21.4% of total assets in 2024, a decrease from 32.2% in 2010.
- Cash Position: Cash and equivalents constituted 17.4% of total assets in 2024, down from 18.8% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 3.0% in 2010.
- Asset Diversification: The largest asset category is intangible assets at 4.6% of total assets.
MGM China Holdings Ltd Competitors by Total Assets
Key competitors of MGM China Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lotte Tour Dev
KO:032350
|
Korea | ₩2.18 Trillion |
|
Paradise Co. Ltd
KQ:034230
|
Korea | ₩3.96 Trillion |
|
Kangwon Land
KO:035250
|
Korea | ₩4.63 Trillion |
|
Yong Pyong Resort Corp
KO:070960
|
Korea | ₩1.03 Trillion |
|
Grand Korea Leisure Co. Ltd
KO:114090
|
Korea | ₩648.49 Billion |
|
Inch Kenneth Kajang Rubber PLC
KLSE:2607
|
Malaysia | RM699.73 Million |
|
FarGlory Hotel Co Ltd
TW:2712
|
Taiwan | NT$1.68 Billion |
|
Chateau International Development Co Ltd
TW:2722
|
Taiwan | NT$3.59 Billion |
MGM China Holdings Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - MGM China Holdings Ltd generates 1.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, MGM China Holdings Ltd generates $ 15.04 in net profit.
MGM China Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.61 | 0.74 | 0.77 |
| Quick Ratio | 0.59 | 0.72 | 0.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.54 Billion | $ -2.14 Billion | $ -881.66 Million |
MGM China Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between MGM China Holdings Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 24.54 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 4.9% |
| Total Assets | $30.60 Billion |
| Market Capitalization | $6.42 Billion USD |
Valuation Analysis
Below Book Valuation: The market values MGM China Holdings Ltd's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: MGM China Holdings Ltd's assets grew by 4.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for MGM China Holdings Ltd (2010–2024)
The table below shows the annual total assets of MGM China Holdings Ltd from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $30.60 Billion | +4.87% |
| 2023-12-31 | $29.18 Billion | -6.50% |
| 2022-12-31 | $31.21 Billion | +9.74% |
| 2021-12-31 | $28.44 Billion | -4.14% |
| 2020-12-31 | $29.67 Billion | -8.73% |
| 2019-12-31 | $32.51 Billion | -7.48% |
| 2018-12-31 | $35.13 Billion | -4.03% |
| 2017-12-31 | $36.61 Billion | +35.18% |
| 2016-12-31 | $27.08 Billion | +23.35% |
| 2015-12-31 | $21.95 Billion | +30.47% |
| 2014-12-31 | $16.83 Billion | -6.96% |
| 2013-12-31 | $18.09 Billion | +22.37% |
| 2012-12-31 | $14.78 Billion | +16.48% |
| 2011-12-31 | $12.69 Billion | +24.11% |
| 2010-12-31 | $10.22 Billion | -- |