To the full analysis
Sands China stock: growth
1928.HKSands China reported $7.44B in revenue for fiscal 2025, up 5.1% on the prior year, up 34.6% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
5.4%
per year from 2008 to 2025, per share 3.8%
Earnings (Annual rate)
10.1%
per year from 2008 to 2025, per share 8.4%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2008 | |
|---|---|---|---|
| Revenue | 34.6% | 1.1% | 5.4% |
| Revenue per share | 34.5% | 1.1% | 3.8% |
| Earnings | no data | −4.8% | 10.1% |
| Earnings per share | no data | −4.8% | 8.4% |
| Free cash flow | no data | 6.2% | no data |
| Free cash flow per share | no data | 6.1% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2008 | $3.05B | $175.74M | −$1.74B |
| 2009 | $3.3B | $213.84M | $316.66M |
| 2010 | $4.14B | $666.45M | $1.02B |
| 2011 | $4.88B | $1.13B | $591.55M |
| 2012 | $6.51B | $1.24B | $911.39M |
| 2013 | $8.91B | $2.21B | $2.5B |
| 2014 | $9.51B | $2.55B | $2.5B |
| 2015 | $6.68B | $1.46B | $858M |
| 2016 | $6.54B | $1.22B | $1.31B |
| 2017 | $7.59B | $1.6B | $2.2B |
| 2018 | $8.67B | $1.88B | $2.56B |
| 2019 | $8.81B | $2.03B | $2.09B |
| 2020 | $1.69B | −$1.52B | −$1.84B |
| 2021 | $2.87B | −$1.05B | −$476M |
| 2022 | $1.61B | −$1.58B | −$676M |
| 2023 | $6.53B | $692M | $2.09B |
| 2024 | $7.08B | $1.05B | $1.21B |
| 2025 | $7.44B | $896M | $1.56B |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = HK$7.8782)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 27 Mar 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
