Sands China

Sands China (1928) Stock Price, Fundamentals & Analysis

StockHong Kong Stock ExchangeHang SengConsumer Cyclical

Price

11.91 HKD

-1.08%

Last trade: Sep 25, 2026, 04:08 PM GMT+8

Updated: Sep 27, 2026, 05:30 PM GMT+8

Price history

Over the past year 1928 traded between 11.91 HKD and 22.2 HKD, closing at 11.91 HKD on Sep 25, 2026.

Key statistics

Market cap96.39B HKD
P/E ratio (TTM)13.8
Forward P/E10.7
EPS (TTM)0.86 USD
Dividend yield8.4%
Annual dividend1 HKD
Ex-dividend dateSep 16, 2026
Payout ratio88%
52-week range11.81 – 22.5
52-week change-46.4%
Beta0.5
Price / book9.55
Revenue (TTM)7.83B USD
Revenue growth (YoY)11.1%
Gross margin79.2%
Operating margin14.4%
Profit margin11.3%
Return on equity73.2%
Debt / equity499.8
Volume15,670,427
Average volume16,646,071
Next earningsAug 14, 2026
ExchangeHKSE

Profile

Sector
Consumer Cyclical
Industry
Resorts & Casinos
Employees
28,652
Headquarters
Macau, Macau

Sands China Ltd. develops, owns, and operates integrated resorts and casinos in Macao. The company owns and operates The Venetian Macao, The Londoner Macao, The Parisian Macao resort, The Plaza Macao, and The Sands Macao casino; the Cotai Expo, a convention and exhibition hall; and The Venetian and The Londoner Arena, an entertainment venues, as well as Cotai Water Jet ferry for leisure and business travelers. It offers ferry transportation and leasing services, and pontoon leasing; gaming and other related activities; travel and tourism agency services; security services; and human resources administration services, as well as outsourcing services, including information technology, accounting, hotel management, and marketing. The company was incorporated in 2009 and is headquartered in Macau. Sands China Ltd. operates as a subsidiary of Las Vegas Sands Corp.

Overview

What 1928 does

Sands China (1928) develops, owns, and operates integrated resorts and casinos in Macao. The company runs properties such as The Venetian Macao, The Londoner Macao, The Parisian Macao resort, The Plaza Macao, and The Sands Macao casino, along with the Cotai Expo convention and exhibition hall and The Venetian and The Londoner Arena entertainment venues. It also provides ferry transportation and leasing services, pontoon leasing, gaming and related activities, travel and tourism agency services, security services, and human resources administration, as well as outsourcing services including information technology, accounting, hotel management, and marketing. Sands China Ltd. operates as a subsidiary of Las Vegas Sands Corp. and is listed on the Hong Kong Stock Exchange, where it is part of the broader Hong Kong Stock Exchange stocks universe alongside peers such as Galaxy Entertainment Group Ltd. (0027).

Key numbers explained

  • 11.91 HKD is the current share price, which is the latest trading price of one share on the Hong Kong Stock Exchange.
  • -1.08% is the price change today, showing the percentage move relative to the previous close.
  • 96.39B HKD is the market capitalisation, the total market value of all outstanding shares.
  • The trailing P/E ratio of 13.8 divides the current share price by the last 12 months of earnings per share, while the forward P/E ratio of 10.7 uses expected future earnings.
  • 8.4% is the dividend yield, the annual dividend per share expressed as a percentage of the current share price.
  • 88% is the share of earnings paid out as dividends, indicating how much of the company's profit is returned to shareholders.
  • 0.5 is the beta, a measure of the stock's volatility relative to the overall market.
  • 11.81 – 22.5 is the 52-week price range, showing the lowest and highest prices over the past year.
  • -46.4% is the price change over the last 52 weeks, reflecting the decline from one year ago to the current price.
  • 11.3% is the profit margin, showing what percentage of revenue becomes net profit.
  • 73.2% is the return on equity, measuring how effectively the company generates profit from shareholders' equity.
  • 499.8% is the debt-to-equity ratio, comparing total debt to shareholders' equity.
  • 9.55 is the price-to-book ratio, comparing the share price to the company's book value per share.

What to watch

  • Sands China operates in the Consumer Cyclical sector and Resorts & Casinos industry, which tend to be sensitive to consumer spending, tourism flows, and regulatory changes in Macao.
  • The company's earnings release on Aug 14, 2026 will provide updated financial results and guidance.
  • The ex-dividend date of Sep 16, 2026 is the key date for investors seeking the next dividend payment.
  • The wide 52-week range from 11.81 to 22.5 reflects significant price movement over the past year.
  • The high debt-to-equity ratio of 499.8% is a factor to consider when evaluating the company's financial structure.
  • Investors often compare Sands China with other gaming and resort stocks such as Galaxy Entertainment Group Ltd. (0027) to understand relative valuation and performance.

Latest news & filings

No recent headlines.

Frequently asked questions

Does 1928 pay a dividend?

Yes, Sands China pays a dividend with a yield of 8.4%, and 88% of earnings are distributed as dividends.

What is the 1928 P/E ratio?

The trailing P/E ratio is 13.8, and the forward P/E ratio based on expected earnings is 10.7.

Where can I buy 1928?

Sands China (1928) is listed on the Hong Kong Stock Exchange and can be purchased through brokers that provide access to this market.

What sector and industry is 1928 in?

Sands China operates in the Consumer Cyclical sector and the Resorts & Casinos industry.

When is the next earnings date for 1928?

The next earnings release is scheduled for Aug 14, 2026.

How has 1928 performed over the past year?

The share price has declined by -46.4% over the last 52 weeks, moving from a high of 22.5 to the current level of 11.91 HKD.

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Data updated Sep 27, 2026, 05:30 PM GMT+8. Sources: Yahoo Finance, Bucharest Stock Exchange.

For information and education only — not investment advice. Prices may be delayed. The overview is generated with AI from the data shown on this page.