China ichangobva kudzoreredza yayo yakasimba zero COVID policy.Nekudaro, mutemo uyu unoratidzika kunge uri kupa Macau's casino operators chikamu chekare, icho chiri kutofungidzirwa kuti chinobatsira.
Vatanhatu vanobvumirana vanotarisirwa kutumira kushomeka muEBITDA (muhoro usati waita mubereko, mutero, kuderera uye amortization) mukota yechina, asi kushomeka kunotarisirwa kuve kudiki zvakanyanya kupfuura mukota yapfuura.Zvakare, vashandisi vanogona kunge vaine pundutso kupinda muna 6. Sekureva kwaJP Morgan, Macau's gross mutambo wemari (GGR) yakaenzana madhora 4 miriyoni kusvika $2023 miriyoni pazuva kusvika 15th yemwedzi uno.Bhanga iri rakawedzera kuti pave nekukwira kuri kuita nhamba idzi mumazuva achangopfuura.
この数字は何を物語っているのだろうか。アナリストのDS Kimは、「ほとんど活気のないVIPセグメントを除くと、マス/スロットGGRランレートがCovid以前の50%以上に回復し、EBITDAブレークイーブンレベル（マスでは30%半ばの回復）を大きく超え、FCF（フリーキャッシュフロー）の内訳（マスでは50%半ばの回復）という業界にとって重要なマイルストーンに到達したことを示している」と書いています。Zvakakosha kune vanoshanda vakaita seGalaxy Entertainment neSands China, kudzoreredza kwemusika mukuru kwakasimba, yatove pamusoro pe40% yepre-denda mazinga. JP Morgan's Kim anonongedza kuti chikamu ichi chinogona kudarika 60% kana China New Year yasvika.
Macau Profitability Yakakosha Kusimudzira
Iyo 2020-2022 nguva yanga yakaoma kune vashandisi veMacau China isati yabuda muCOVID Zero Protocol. Makambani matanhatu aya akarwa nekuvharwa kwenguva pfupi uye zvirambidzo zvekufamba kuderedza kushanya kucasino mecca.
Somugumisiro, purofiti yakakurumidza kuderera, mari yokushandisa yakakwira zvikuru, uye chikwereti chikawedzera.Nekuda kweizvozvo, kuwana kiredhiti-giredhi rechikwereti muMacau concession makambani zvave zvisingaiti.Zvakadaro, mamiriro ezvinhu anogona kuita nani kana kumuka kwehupfumi hwenyika kukawedzera.
"Isu munguva pfupi yapfuura takaongorora zviyero zveLas Vegas Sands Corp., MGM Resorts International, Melco Resorts & Entertainment Ltd., Studio City Co., Ltd., Wynn Resorts Ltd., neWynn Resorts Ltd. Maererano neS&P Global Ratings," Macau's kudzoreredza kwakakosha muGGR kuchabvumira vanoburitsa zvakayerwa kuti vasvike pazasi pematiroti edu, kunyangwe kusvika mukupera kwa5 uye kutanga kwa2023. ”Inonzi ro.
Sangano rezviyero rakapa makambani emitambo maonero "asina kunaka", achitaura "mamiriro emari akatambanudzwa" uye "kugona kudzoka kwemitemo yeCCIDID-19."
Kubatsira kweMacau kune imwe nhanho yekutsigirwa
Pamusoro pekudzoreredza mukuita pundutso, makambani emitambo eMacau akaona kukura kwakasimba kwepamusoro-soro gore rino, aine nzvimbo yekuwedzera kuvandudzwa muna 2024.
Isu takavandudza maonero edu emari yakawanda yemitambo yakawanda (GGR).Mune iyo base kesi, GGR inovandudza kusvika 2019 mazinga e60% -70%.Uku ndiko kupera kwepamusoro kwe50% kusvika 70% renji yatakambofanotaura," S&P yakawedzera.
Mafemu ekutsvagisa akatiwo kukura kwemari kunogona kudzikisira mitengo yakakwira yekupisa mari, uku ichitsigira zviratidzo zvakasimba zvechikwereti mugore rinouya.
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