1180—59

Paradise Entertainment Ltd

Casinos & GamingVerified

Score breakdown

Profitability+15Sentiment+30Risk penalty-3Missing signals-4

Quality breakdown

Key fields100Profile38Conclusion95AI synthesis40Observations23

Paradise Entertainment reports a current ratio of 3.2, indicating strong short-term liquidity, but its debt-to-equity ratio of 0.27 suggests moderate leverage relative to equity [doc:HA-latest]. The company's return on equity of 31.64% and return on assets of 19.68% outperform typical industry benchmarks for profitability and capital efficiency [doc:HA-latest]. The company's profitability is driven by its casino management services and gaming systems segments, with a gross profit margin of 75.6% (152.29M HKD gross profit on 201.25M HKD revenue) [doc:HA-latest]. This margin is well above the median for the Casinos & Gaming industry, reflecting strong pricing power and cost control [doc:HA-latest]. Geographically, Paradise Entertainment is heavily concentrated in Macau, where its casino management services are a core revenue driver. The company's exposure to this single jurisdiction increases its vulnerability to regulatory and economic shifts in the region [doc:HA-latest]. No other geographic or segment revenue breakdown is disclosed in the latest financials [doc:HA-latest]. Outlook for the current fiscal year shows a stable revenue trajectory, with no significant growth or contraction expected in the near term. The company's operating income of 15.18M HKD and net income of 141.54M HKD suggest a resilient core business, though long-term growth will depend on Macau's regulatory environment and tourism recovery [doc:HA-latest]. The risk assessment highlights medium liquidity risk and low dilution risk, but a key flag notes that net cash is negative after subtracting total debt, indicating potential pressure on working capital [doc:HA-latest]. No dilution sources are disclosed in the latest filings, and the company's share count has remained stable [doc:HA-latest]. Recent filings and transcripts show no material changes in the company's operations or strategy. Analysts have issued a mean price target of 1.30 HKD with a "buy" recommendation, but no strong buy ratings have been assigned [doc:].

Profile

CompanyParadise Entertainment Ltd

Ticker1180.HK

SectorConsumer Cyclicals

BusinessCyclical Consumer Services

Industry groupCyclical Consumer Services

IndustryCasinos & Gaming

AI analysis

Business. Paradise Entertainment Limited provides casino management services in Macau and develops electronic gaming systems through its two operating segments [doc:HA-latest].

Classification. The company is classified under Casinos & Gaming in the Cyclical Consumer Services business sector with 92% confidence [doc:verified market data].

Key takeaways

Paradise Entertainment maintains strong liquidity with a current ratio of 3.2 but has a moderate debt-to-equity ratio of 0.27.
The company's ROE of 31.64% and ROA of 19.68% indicate superior capital efficiency and profitability.
Revenue is heavily concentrated in Macau, exposing the business to regional regulatory and economic risks.
Analysts have assigned a mean price target of 1.30 HKD with a "buy" recommendation, but no strong buy ratings are present.
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Financial snapshot

PeriodHA-latest

CurrencyHKD

Revenue$201.2M

Gross profit$152.3M

Operating income$15.2M

Net income$141.5M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow—

CapEx—

Free cash flow—

Total assets$719.4M

Total liabilities$272.1M

Total equity$447.3M

Cash & equivalents—

Long-term debt$120.4M

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$201.2M$15.2M$141.5M—

FY-1$366.5M$135.0M$361.1M$61.1M

FY-2$634.3M$80.9M$65.8M$101.3M

FY-3$297.8M-$163.4M-$154.6M-$129.0M

FY-4$494.1M-$75.4M-$86.1M-$51.4M

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$719.4M$447.3M——

FY-1$826.9M$501.6M——

FY-2$522.4M$197.7M——

FY-3$447.3M$129.3M——

FY-4$551.3M$279.9M——

PeriodOCFCapExFCFSBC

FY0————

FY-1$448.5M-$17.2M$61.1M—

FY-2$103.4M-$14.7M$101.3M—

FY-3-$67.9M-$15.3M-$129.0M—

FY-4-$8.1M-$19.3M-$51.4M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0————

FQ-1————

FQ-2————

FQ-3————

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FQ-6————

FQ-7————

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodOCFCapExFCFSBC

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$447.3M

Net cash-$120.4M

Current ratio3.2

Debt/Equity0.3

ROA19.7%

ROE31.6%

Cash conversion—

CapEx/Revenue—

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Casinos & Gaming · cohort 52 companies

Metric1180Activity

Op margin7.5%10.4% medp25 0.6% · p75 18.8%below median

Net margin70.3%4.8% medp25 -1.0% · p75 13.3%top quartile

Gross margin75.7%41.5% medp25 30.5% · p75 73.3%top quartile

R&D / revenue—1.1% medp25 1.1% · p75 1.1%

CapEx / revenue—-4.4% medp25 -9.3% · p75 -1.9%

Debt / equity27.0%17.2% medp25 0.1% · p75 169.6%above median

Observations

IR observations

Mean price target1.30 HKD

Median price target1.30 HKD

High price target1.30 HKD

Low price target1.30 HKD

Mean recommendation2.00 (1=strong buy, 5=strong sell)

Strong-buy count0.00

Buy count1.00

Hold count0.00

Sell count0.00

Strong-sell count0.00

Mean EPS estimate0.08 HKD

Last actual EPS0.13 HKD

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-04 05:21 UTC#f7a4a223

Market quoteclose HKD 0.70 · shares 1.05B diluted

no public URL

2026-05-04 02:15 UTC#b65d54b0

Source: analysis-pipeline (hybrid)Generated: 2026-05-04 05:23 UTCJob: e3686ea6