| MALDF Stock | | | USD 0.0006 0.00 0.00% |
EVP
Mr. Yip Wing Fat is Executive Vice President Head of Casino Operations of Macau Legend Development Ltd., since June 5, 2013. He was awarded a diploma in accounting by Lingnan College in Hong Kong in November 1979. He also obtained a masters degree in business administration from the Macau University of Science and Technology in June 2005 since 2013.
| Age | 67 |
| Tenure | 11 years |
| Phone | 853 2822 2211 |
| Web | https://www.macaulegend.com |
Yip has over 20 years of work experience in the Macau gaming industry. Prior to joining the Group, he worked as an assistant shift pit boss at STDM between 1979 and 1982. He later served as accounting manager at Macau Horse Racing Co. Ltd. in 1988. Mr Yip founded Tak Tai Fomento Predial, a real estate agency, in 1991, and is currently its managing director. Mr Yip joined the Group in 1997 as security controller of the security department, and became deputy general manager in 1999. Between 2003 and 2007, Mr Yip served as executive vice president for mass market and slot machine gaming at Pharaoh’s Palace Casino and Babylon Casino.
Macau Legend Management Efficiency
The company has return on total asset
(ROA) of
(0.064) % which means that it has lost $0.064 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.2285) %, meaning that it generated substantial loss on money invested by shareholders. Macau Legend's management efficiency ratios could be used to measure how well Macau Legend manages its routine affairs as well as how well it operates its assets and liabilities.
Macau Legend Development has accumulated 2.2
B in total debt with debt to equity ratio
(D/E) of 0.58, which is about average as compared to similar companies. Macau Legend Development has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Macau Legend until it has trouble settling it off, either with new capital or with free cash flow. So, Macau Legend's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Macau Legend Development sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Macau to invest in growth at high rates of return. When we think about Macau Legend's use of debt, we should always consider it together with cash and equity.
Macau Legend Development Limited, an investment holding company, owns and operates entertainment and casino gaming facilities in Macau. The company was founded in 1997 and is headquartered in Macau, Macau. Macau Legend operates under Resorts Casinos classification in the United States and is traded on OTC Exchange. It employs 3603 people. Macau Legend Development [MALDF] is a
Pink Sheet which is traded between brokers as part of OTC trading.
Management Performance
Macau Legend Development Leadership Team
Elected by the shareholders, the Macau Legend's board of directors comprises two types of representatives: Macau Legend inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Macau. The board's role is to monitor Macau Legend's management team and ensure that shareholders' interests are well served. Macau Legend's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Macau Legend's outside directors are responsible for providing unbiased perspectives on the board's policies.
Macau Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Macau Legend a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Other Information on Investing in Macau Pink Sheet
Macau Legend financial ratios help investors to determine whether Macau Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Macau with respect to the benefits of owning Macau Legend security.