Sea Ltd - Understand $se stock

$SE Market Cap: $67.43 Billion

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Financial Snapshot

Revenue

$15.49B

TTM

Gross Margin

42.1%

TTM

Net Earnings

$97.27M

TTM

Current Assets

$15.55B

Q3 2024

Current Liabilities

$9.589B

Q3 2024

Current Ratio

162.2%

Q3 2024

Total Assets

$21.69B

Q3 2024

Total Liabilities

$13.78B

Q3 2024

Book Value

$7.916B

Q3 2024

Cash

$2.539B

Q3 2024

P/E

693.2

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$13.06B	$12.45B	$9.955B	$4.376B	$2.175B	$827.0M	$414.2M	$345.7M	$292.1M	$160.8M
YoY Change	4.93%	25.06%	127.51%	101.14%	163.05%	99.66%	19.81%	18.35%	81.65%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$13.06B	$12.45B	$9.955B	$4.376B	$2.175B	$827.0M	$414.2M	$345.7M	$292.1M	$160.8M
Cost Of Revenue	$7.230B	$7.264B	$6.059B	$3.027B	$1.571B	$812.2M	$326.9M	$232.6M	$184.3M	$124.6M
Gross Profit	$5.834B	$5.185B	$3.896B	$1.349B	$604.9M	$14.80M	$87.30M	$113.1M	$107.8M	$36.20M
Gross Profit Margin	44.66%	41.65%	39.13%	30.83%	27.81%	1.79%	21.08%	32.72%	36.91%	22.51%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Selling, General & Admin	$4.548B	$5.221B	$4.863B	$2.436B	$1.321B	$923.1M	$553.4M	$293.4M	$171.1M	$111.6M
YoY Change	-12.88%	7.35%	99.63%	84.42%	43.09%	66.81%	88.62%	71.48%	53.32%
% of Gross Profit	77.96%	100.68%	124.83%	180.59%	218.37%	6237.16%	633.91%	259.42%	158.72%	308.29%
Research & Development	$1.164B	$1.377B	$823.3M	$349.8M	$154.6M	$66.60M	$28.80M	$20.50M	$17.60M	$11.00M
YoY Change	-15.43%	67.19%	135.37%	126.26%	132.13%	131.25%	40.49%	16.48%	60.0%
% of Gross Profit	19.96%	26.55%	21.13%	25.93%	25.56%	450.0%	32.99%	18.13%	16.33%	30.39%
Depreciation & Amortization	$440.8M	$428.3M	$279.0M	$180.8M	$121.6M	$78.70M	$41.00M	$39.60M	$29.30M	$18.40M
YoY Change	2.92%	53.51%	54.33%	48.68%	54.51%	91.95%	3.54%	35.15%	59.24%
% of Gross Profit	7.56%	8.26%	7.16%	13.4%	20.1%	531.76%	46.96%	35.01%	27.18%	50.83%
Operating Expenses	$5.491B	$6.318B	$5.479B	$2.646B	$1.496B	$1.004B	$589.6M	$318.5M	$190.9M	$124.0M
YoY Change	-13.09%	15.31%	107.02%	76.89%	49.09%	70.2%	85.12%	66.84%	53.95%
Operating Profit	$342.7M	-$1.133B	-$1.583B	-$1.298B	-$891.2M	-$988.7M	-$502.3M	-$205.4M	-$83.10M	-$87.80M
YoY Change	-130.25%	-28.46%	22.0%	45.6%	-9.86%	96.83%	144.55%	147.17%	-5.35%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	$169.1M	-$212.7M	-$130.0M	-$155.5M	-$477.4M	$34.90M	-$46.20M	$8.500M	-$4.400M	$400.0K
YoY Change	-179.48%	63.6%	-16.38%	-67.43%	-1467.91%	-175.54%	-643.53%	-293.18%	-1200.0%
% of Operating Profit	49.34%
Other Income/Expense, Net	$207.6M	-$13.03M	-$132.1M	-$179.9M
YoY Change	-1693.98%	-90.14%	-26.56%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	$432.4M	-$1.501B	-$1.715B	-$1.483B	-$1.369B	-$953.9M	-$548.5M	-$196.9M	-$87.50M	-$87.50M
YoY Change	-128.82%	-12.51%	15.64%	8.37%	43.47%	73.91%	178.57%	125.03%	0.0%
Income Tax	$262.7M	$168.4M	$332.9M	$141.6M	$85.90M	$4.100M	$10.70M	$8.500M	$11.70M	$2.500M
% Of Pretax Income	60.75%
Net Earnings	$150.7M	-$1.651B	-$2.047B	-$1.618B	-$1.463B	-$961.2M	-$560.5M	-$222.9M	-$103.4M	-$88.40M
YoY Change	-109.13%	-19.32%	26.49%	10.62%	52.18%	71.49%	151.46%	115.57%	16.97%
Net Earnings / Revenue	1.15%	-13.26%	-20.56%	-36.98%	-67.24%	-116.23%	-135.32%	-64.48%	-35.4%	-54.98%
Basic Earnings Per Share	$0.27	-$2.96	-$3.84	-$3.39
Diluted Earnings Per Share	$0.25	-$2.96	-$3.842M	-$3.390M	-$3.350M	-$2.840M	-$1.673M	-$681.7K	-$316.2K	-$270.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$5.359B	$6.894B	$10.16B	$6.293B	$3.221B	$1.004B	$1.365B	$170.0M	$127.0M	$86.00M
YoY Change	-22.27%	-32.14%	61.43%	95.37%	220.82%	-26.45%	702.94%	33.86%	47.67%
Cash & Equivalents	$2.811B	$6.030B	$9.248B	$6.167B	$3.119B	$1.003B	$1.347B	$170.0M	$116.0M	$86.00M
Short-Term Investments	$2.548B	$864.3M	$911.3M	$126.0M	$102.0M	$1.000M	$18.00M	$0.00	$10.00M	$0.00
Other Short-Term Assets	$3.272B	$3.348B	$2.238B	$1.397B	$710.0M	$352.0M	$161.0M	$44.00M	$42.00M	$33.00M
YoY Change	-2.27%	49.61%	60.19%	96.76%	101.7%	118.63%	265.91%	4.76%	27.27%
Inventory	$125.4M	$109.7M	$117.5M	$64.00M	$27.00M	$38.00M	$10.00M	$4.000M	$4.000M	$1.000M
Prepaid Expenses
Receivables	$262.7M	$268.8M	$388.3M	$363.0M	$187.0M	$98.00M	$62.00M	$35.00M	$40.00M	$32.00M
Other Receivables	$2.755B	$2.067B	$2.233B	$822.0M	$264.0M	$220.0M	$123.0M	$57.00M	$17.00M	$4.000M
Total Short-Term Assets	$11.77B	$12.69B	$15.14B	$8.939B	$4.410B	$1.711B	$1.721B	$310.0M	$230.0M	$156.0M
YoY Change	-7.2%	-16.17%	69.32%	102.7%	157.74%	-0.58%	455.16%	34.78%	47.44%
Property, Plant & Equipment	$2.224B	$2.346B	$1.680B	$621.0M	$502.0M	$192.0M	$74.00M	$31.00M	$33.00M	$24.00M
YoY Change	-5.2%	39.66%	170.47%	23.71%	161.46%	159.46%	138.71%	-6.06%	37.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$4.263B	$1.254B	$1.053B	$190.0M	$114.0M	$111.0M	$28.00M	$45.00M	$41.00M	$11.00M
YoY Change	240.03%	19.07%	454.14%	66.67%	2.7%	296.43%	-37.78%	9.76%	272.73%
Other Assets	$438.9M	$398.6M	$263.7M	$331.0M	$148.0M	$127.0M	$95.00M	$67.00M	$65.00M	$57.00M
YoY Change	10.12%	51.13%	-20.33%	123.65%	16.54%	33.68%	41.79%	3.08%	14.04%
Total Long-Term Assets	$7.109B	$4.315B	$3.621B	$1.517B	$814.0M	$482.0M	$267.0M	$176.0M	$200.0M	$124.0M
YoY Change	64.77%	19.17%	138.67%	86.36%	68.88%	80.52%	51.7%	-12.0%	61.29%
Total Assets	$18.88B	$17.00B	$18.76B	$10.46B	$5.224B	$2.193B	$1.988B	$486.0M	$430.0M	$280.0M
YoY Change
Accounts Payable	$342.5M	$258.6M	$213.6M	$122.0M	$69.00M	$37.00M	$9.000M	$6.000M	$9.000M	$5.000M
YoY Change	32.44%	21.1%	75.07%	76.81%	86.49%	311.11%	50.0%	-33.33%	80.0%
Accrued Expenses	$2.126B	$1.667B	$1.808B	$925.0M	$369.0M	$174.0M	$108.0M	$43.00M	$31.00M	$25.00M
YoY Change	27.54%	-7.82%	95.46%	150.68%	112.07%	61.11%	151.16%	38.71%	24.0%
Deferred Revenue
YoY Change
Short-Term Debt	$2.005B	$1.436B	$100.0M	$0.00	$1.000M	$1.000M	$2.000M	$2.000M	$0.00	$2.000M
YoY Change	39.6%	1336.04%		-100.0%	0.0%	-50.0%	0.0%		-100.0%
Long-Term Debt Due	$3.715M	$3.138M	$1.516M	$0.00	$31.00M
YoY Change	18.39%	106.99%		-100.0%
Total Short-Term Liabilities	$8.169B	$6.936B	$7.176B	$4.636B	$2.362B	$1.186B	$638.0M	$264.0M	$244.0M	$209.0M
YoY Change	17.78%	-3.35%	54.8%	96.27%	99.16%	85.89%	141.67%	8.2%	16.75%
Long-Term Debt	$3.069B	$3.339B	$3.483B	$1.840B	$1.362B	$1.063B	$727.0M	$0.00	$0.00	$0.00
YoY Change	-8.08%	-4.13%	89.28%	35.1%	28.13%	46.22%
Other Long-Term Liabilities	$947.5M	$907.6M	$665.5M	$557.0M	$326.0M	$182.0M	$144.0M	$143.0M	$101.0M	$90.00M
YoY Change	4.4%	36.38%	19.47%	70.86%	79.12%	26.39%	0.7%	41.58%	12.22%
Total Long-Term Liabilities	$4.017B	$4.246B	$4.148B	$2.397B	$1.688B	$1.245B	$871.0M	$143.0M	$101.0M	$90.00M
YoY Change	-5.41%	2.37%	73.06%	42.0%	35.58%	42.94%	509.09%	41.58%	12.22%
Total Liabilities	$12.29B	$11.29B	$11.36B	$7.073B	$4.062B	$2.436B	$1.519B	$406.0M	$348.0M	$301.0M
YoY Change	8.88%	-0.62%	60.57%	74.13%	66.75%	60.37%	274.14%	16.67%	15.61%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	566.6M	558.1M	532.7M	477.3M
Diluted Shares Outstanding	594.4M	558.1M	532.7M	477.3M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $67.433 Billion

About Sea Ltd

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. The company employs 62,700 full-time employees The company went IPO on 2017-10-20. The firm operates three core businesses of e-commerce, digital financial services, and digital entertainment, known as Shopee, SeaMoney and Garena. Its segments are e-commerce, digital financial services, and digital entertainment. The platform of Garena offers mobile and personal computer (PC) online games and develops mobile games for the global market. The company offers e-sports and provides access to other entertainment content and social features, such as live-streaming of gameplay, user chat, and online forums. The platform of Shopee is a mobile-centric, social-focused marketplace. The company provides users a shopping environment with integrated payment, logistics infrastructure, and seller services. SeaMoney provides various payment services and loans to individuals and businesses. The company operates in Indonesia, Taiwan, Thailand, Singapore, Malaysia, and the Philippines.

Industry: Services-Miscellaneous Business Services Peers: