Sea Ltd · Miscellaneous Business Services

SE

Low riskNext report: Not enough history

View price ↗

The short version

A profitable company with growing sales.

Going well

Sales up 102% in the latest quarter vs a year ago
Profitable
Sales up 36% last year

Money moves

Insiders sold $6.7M in the last 30 days, all through pre-planned sales
Institutions added 0.9% to their holdings in the quarter ending June 2026 (427 bought, 308 sold)
Held by Chase Coleman (Tiger Global), Ray Dalio (Bridgewater), Stanley Druckenmiller (Duquesne) and 1 more famous investor

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$74.00-0.9% that day

Company value: $47.2B; Share price times all shares
Price vs profit (P/E): 29.9x; You pay about $30 for each $1 of yearly profit
Price vs sales: 2.1x; Company value is 2.1 times a year of sales
Cash vs value: 13%; Cash as a share of company value
Debt vs value: 2%; Debt as a share of company value

From SE's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

What the price assumes

Your guesses, our math

Move the sliders to your own view of SE. Starting points are the company's recent numbers.

Sales growth+30% a yearRecently: +39% a yearProfit margin7%Last 12 months: 6.9%P/E at the end30xToday: 29.9x. Many steady companies trade at 12x to 25xShare count change+5% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$85.2B

Profit in 5 years$6.0B

Price these guesses point to$219.57+197% vs $74.00 todayAbout +24% a year, before dividends

What today's price needs: with a 7% margin and a 30x P/E, sales would have to grow about 4.6% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

4/7Mixed

PassReturn on equity 15%+Earns a lot on the money owners have in the business.15.1%
PassDebt under half of equityNot relying on borrowed money.0.08x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.9%
MissProfitable every yearSteady profits, not one good year.3 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$4.5B
MissShare count not growingNot diluting owners. Falling means buybacks.+14.4% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.44.7%

Revenue: $22.9B; +36.4% vs prior year
5-year growth: +39.3%/yr; revenue, per year
Total debt: $1.1B; 0.08x equity
Current ratio: 1.58x; short-term assets / bills due

From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Dec 31, 2020

Revenue: $1.6B; +101.6% YoY
EPS: -$1.07; vs -$0.60
Op. margin: -22.8%; +6.8 pts
Gross margin: 34.1%; 0.0 pts
Free cash flow: $68.3M

Some values are worked out from year-to-date totals in the annual report.

Insider rating

Last 90 days

43Mixed

Pre-planned sales of $6.9M (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

41/ 100

This week: 5
Normal week: 7.1
vs normal: 0.7x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady+0.9%

Institutions added 0.9% to their holdings. 427 bought, 308 sold.

Shares held by institutions379.4M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+4.6%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.1x · $1.1B debt

Shares outstandingLatest reported

638M

Earnings reports

Last 0

Next reportNot enough history

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Oct 21 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$6.9M3 insiders, 14 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Yanjun WangCCO and GC	Sell	2K	$74.33	$119K	73K	Oct 26Filing ↗
-2.2% of their holdings $72.31 to $75.47 across 5 trades Traded Oct 23 to Oct 26 Held via BVI entity Pre-planned sale (10b5-1) Filed 1 day after
Yanjun WangCCO and GC	Sell	2K	$76.99	$123K	74K	Oct 22Filing ↗
-2.1% of their holdings $76.09 to $79.59 across 7 trades Traded Oct 21 to Oct 22 Held via BVI entity Pre-planned sale (10b5-1) Filed 1 day after
Yanjun WangCCO and GC	Sell	2K	$86.48	$156K	76K	Oct 20Filing ↗
-2.3% of their holdings $80.76 to $93.00 across 9 trades Traded Oct 19 to Oct 20 Held via BVI entity Pre-planned sale (10b5-1) Filed 1 day after
Tianyu HouCFO	Sell	10K	$89.03	$890K	35K	Oct 19Filing ↗
-22.2% of their holdings $88.54 to $93.00 across 6 trades Held via BVI entity Pre-planned sale (10b5-1) Filed 2 days after
Yanjun WangCCO and GC	Sell	2K	$96.15	$192K	78K	Oct 16Filing ↗
-2.5% of their holdings $94.12 to $99.20 across 9 trades Traded Oct 15 to Oct 16 Held via BVI entity Pre-planned sale (10b5-1) Filed 3 days after
Yanjun WangCCO and GC	Sell	2K	$95.90	$192K	80K	Oct 14Filing ↗
-2.4% of their holdings $95.01 to $97.55 across 6 trades Traded Oct 13 to Oct 14 Held via BVI entity Pre-planned sale (10b5-1) Filed 1 day after
Yanjun WangCCO and GC	Sell	2K	$95.62	$191K	82K	Oct 12Filing ↗
-2.4% of their holdings $94.82 to $96.87 across 6 trades Traded Oct 9 to Oct 12 Held via BVI entity Pre-planned sale (10b5-1) Filed 1 day after
Yanjun WangCCO and GC	Sell	2K	$94.06	$188K	84K	Oct 8Filing ↗
-2.3% of their holdings $93.04 to $95.40 across 4 trades Traded Oct 7 to Oct 8 Held via BVI entity Pre-planned sale (10b5-1) Filed 1 day after
Yanjun WangCCO and GC	Sell	2K	$96.77	$194K	86K	Oct 6Filing ↗
-2.3% of their holdings $95.96 to $97.79 across 5 trades Traded Oct 5 to Oct 6 Held via BVI entity Pre-planned sale (10b5-1) Filed 1 day after
Yanjun WangCCO and GC	Sell	2K	$95.10	$190K	88K	Oct 2Filing ↗
-2.2% of their holdings $94.38 to $96.36 across 6 trades Traded Oct 1 to Oct 2 Held via BVI entity Pre-planned sale (10b5-1) Filed 3 days after
Feng ZhaoPresident of Garena	Sell	40K	$95.02	$3.8M	94K	Oct 1Filing ↗
-29.9% of their holdings $94.43 to $96.04 across 3 trades Held via BVI entity Pre-planned sale (10b5-1) Filed 4 days after
Yanjun WangCCO and GC	Sell	2K	$98.05	$196K	90K	Sep 30Filing ↗
-2.2% of their holdings $97.61 to $98.88 across 4 trades Traded Sep 29 to Sep 30 Held via BVI entity Pre-planned sale (10b5-1) Filed 1 day after
Yanjun WangCCO and GC	Sell	2K	$99.41	$219K	92K	Sep 28Filing ↗
-2.3% of their holdings $97.06 to $100.40 across 6 trades Traded Sep 25 to Sep 28 Held via BVI entity Pre-planned sale (10b5-1) Filed 1 day after
Yanjun WangCCO and GC	Sell	2K	$102.05	$245K	94K	Sep 24Filing ↗
-2.5% of their holdings $100.86 to $103.46 across 6 trades Traded Sep 23 to Sep 24 Held via BVI entity Pre-planned sale (10b5-1) Filed 1 day after