Sea's Adjusted Ebitda Set to Surge -- Market Talk

Dow Jones11-14 11:28

0328 GMT - Sea Ltd.'s adjusted Ebitda is projected to surge by more than threefold to US$3.9 billion in 2026 from US$1.2 billion in 2023, HSBC Global Research analysts say in a note. One driver is improvement in its Shopee e-commerce platform's unit economics, led by factors including higher take rates and greater advertising revenue, the analysts say. Another driver is its SeaMoney's projected Ebitda CAGR of around 22% over 2023-2026, driven by an increasing loan book, expanding user base and growing cash loans at the digital financial-services provider. HSBC raises the target price on Sea's American depositary shares to US$122.00 from US$114.00 with an unchanged buy rating. The ADSs closed 2.5% lower at US$104.96 on Wednesday. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

November 13, 2024 22:28 ET (03:28 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483899063?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-14 11:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483899063","market":"sg","top_or_hot":-1,"title":"Sea's Adjusted Ebitda Set to Surge -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0328 GMT - Sea Ltd.'s adjusted Ebitda is projected to surge by more than threefold to US$3.9 billion in 2026 from US$1.2 billion in 2023, HSBC Global Research analysts say in a note. One driver is improvement in its Shopee e-commerce platform's unit economics, led by factors including higher take rates and greater advertising revenue, the analysts say. Another driver is its SeaMoney's projected Ebitda CAGR of around 22% over 2023-2026, driven by an increasing loan book, expanding user base and growing cash loans at the digital financial-services provider. HSBC raises the target price on Sea's American depositary shares to US$122.00 from US$114.00 with an unchanged buy rating. The ADSs closed 2.5% lower at US$104.96 on Wednesday. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 13, 2024 22:28 ET (03:28 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea's Adjusted Ebitda Set to Surge -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea's Adjusted Ebitda Set to Surge -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 11:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0328 GMT - Sea Ltd.'s adjusted Ebitda is projected to surge by more than threefold to US$3.9 billion in 2026 from US$1.2 billion in 2023, HSBC Global Research analysts say in a note. One driver is ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0540923850.HKD","symbol_name":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483899063","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483899063","pubTimestamp":1731554880,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0328 GMT - Sea Ltd.'s adjusted Ebitda is projected to surge by more than threefold to US$3.9 billion in 2026 from US$1.2 billion in 2023, HSBC Global Research analysts say in a note. One driver is improvement in its Shopee e-commerce platform's unit economics, led by factors including higher take rates and greater advertising revenue, the analysts say. Another driver is its SeaMoney's projected Ebitda CAGR of around 22% over 2023-2026, driven by an increasing loan book, expanding user base and growing cash loans at the digital financial-services provider. HSBC raises the target price on Sea's American depositary shares to US$122.00 from US$114.00 with an unchanged buy rating. The ADSs closed 2.5% lower at US$104.96 on Wednesday. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0540923850.HKD":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","SE":"Sea Ltd","BK4521":"英国银行股","HSHD.SI":"HSBC HK SDR 5to1","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","BK4585":"ETF&股票定投概念","03143":"华夏香港银行股","BK1231":"综合性银行","LU0634319403.HKD":"ALLIANZ HONG KONG EQUITY \"AT\" (HKD) ACC","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","BK1572":"香港银行股","BK4588":"碎股","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK4207":"综合性银行","BK1610":"ETF&股票定投概念","00005":"汇丰控股","HSBA.UK":"汇丰控股有限公司","BK1601":"香港本地股","HSBC":"汇丰"},"translate_title":"Sea调整后Ebitda将飙升——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SE":0.9,"00005":0.73,"HSBC":0.6,"HSHD.SI":0.6,"HSBA.UK":0.6,"03143":0.6},"content_text":"0328 GMT - Sea Ltd.'s adjusted Ebitda is projected to surge by more than threefold to US$3.9 billion in 2026 from US$1.2 billion in 2023, HSBC Global Research analysts say in a note. One driver is improvement in its Shopee e-commerce platform's unit economics, led by factors including higher take rates and greater advertising revenue, the analysts say. Another driver is its SeaMoney's projected Ebitda CAGR of around 22% over 2023-2026, driven by an increasing loan book, expanding user base and growing cash loans at the digital financial-services provider. HSBC raises the target price on Sea's American depositary shares to US$122.00 from US$114.00 with an unchanged buy rating. The ADSs closed 2.5% lower at US$104.96 on Wednesday. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 13, 2024 22:28 ET (03:28 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483899063"}