Company Analysis

Studio City International Holdings Limited (MSC)

NYSE: MSC · Hotels & Motels · Hong Kong, HK · filing with the SEC since 2017
Grade5.0
◀ Past 3.3● Present 4.5▶ Future 7.2
2 est.

The grade of Studio City International Holdings Limited

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past3.330% of the headline
● Present4.540% of the headline
▶ Future7.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.3/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
6.8/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 68th percentile among 28 sector filers · read for itself

From the record

Studio City International Holdings Limited's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.2/10

What has it actually done, year after year?

+5.6% a year over 10 filed years; profitable in 1 of 10.

weight 45% of this tense · 22nd percentile among 27 sector filers · read for its customers

From the record

Studio City International Holdings Limited's 10 filed years say what it did: revenue went from $425 million in fiscal 2016 to $695 million in fiscal 2025, up 5.6% a year; it rose in 7 of 9 years; the deepest fall was 98% from fiscal 2019 to fiscal 2022; net income was positive in 1 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span5.6%bottom 43% of its family
  • the share of years revenue rosebottom 41% of its family
  • the share of filed years with a profitbottom 2% of its family
  • the deepest fall from a revenue peak98.2%bottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.4/10

How has it treated the people who own it?

SI estimate 0.4/10, confidence 35 of 100 (one part).

weight 22% of this tense · 4th percentile among 26 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the cash returned against operating cash flow, which ranks in the bottom 4% of 26 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: cash returned against operating cash flow, the one part on file, ranked among 26 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Studio City International Holdings Limited's shareholder treatment is put at 0.4 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the bottom 4% of 26 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.5/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.2/10

Is it financially healthy right now?

ROE -11%: lost 11¢ per shareholder dollar. Leverage 81%: owes 81¢ per asset dollar.

weight 33% of this tense · 42nd percentile among 26 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Studio City International Holdings Limited lost about 11 cents for every dollar of shareholders' money. Leverage: it owed about 81 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 39% of its family
  • return on equitybottom 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.5/10

How strong is its position in its industry?

bottom 45% of 27 in its family; net margin -8.5%.

weight 45% of this tense · 45th percentile among 27 sector filers · read for its customers

From the record

Studio City International Holdings Limited's standing among 27 graded names in its industry family: revenue of $695 million in fiscal 2025 ranks in the bottom 15% by size; a net margin of -8.5% ranks in the bottom 24%; revenue growth of 291.7% a year over the last 3 filed years ranks in the top 6% (its annual reports).

What it rests on

  • revenue against the family$695Mbottom 15% of its family
  • net margin-8.5%bottom 24% of its family
  • three-year revenue growth291.7%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 21 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 21 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 21 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Studio City International Holdings Limited's leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 21 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

7.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.5/10

How much room does it have to grow?

top 45% of 26 in its family for room to expand.

weight 22% of this tense · 55th percentile among 26 sector filers · read for itself

From the record

Studio City International Holdings Limited's room to grow, from the newest filed statements (fiscal 2025): cash of $110 million against debt of $2.0 billion leaves -68.5% of its assets as net cash, bottom 17% of its family; cash from operations less capital spending is 30.3% of revenue (top 6%) (its annual report).

What it rests on

  • cash less debt against assets-68.5%bottom 17% of its family
  • cash from operations less capital spending against revenue30.3%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
9.1/10

What could actually drive growth from here?

top 9% of 27 in its family for growth drivers.

weight 45% of this tense · 91st percentile among 27 sector filers · read for its customers

From the record

Studio City International Holdings Limited's growth drivers, from the filed years to fiscal 2025: revenue grew 291.7% a year over the last three filed years against 5.6% over all 10, speeding up (top 2% of its family); the newest year grew 8.7% (top 17%) (its annual reports). Studio City International Holdings Limited reported 7 product lines in fiscal 2025: Revenue From Casino Contract at $306 million (44%), Occupancy at $168 million (24%), Food and Beverage at $90 million (13%), and 4 more; 6 of 7 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+286.1 points a yeartop 2% of its family
  • the newest year's revenue growth8.7%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.9/10

Did its newest year beat what its own record pointed to?

top 41% of 27 in its family for expectations against reality.

weight 33% of this tense · 59th percentile among 27 sector filers · read for its shareholders

From the record

Studio City International Holdings Limited's newest year against its own record: revenue of $695 million in fiscal 2025 came in 85.4% below the $4.7 billion its prior three years' pace pointed to (bottom 2% of its family); net income of $59 million against a prior three-year average of $186 million (top 24%); a net margin of -8.5% against losses larger than its revenue before (top 2%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-85.4%bottom 2% of its family
  • net income against the prior three years' average+68%top 24% of its family
  • net margin against its prior averageup more than 100 pointstop 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MSC · research, not advice