Wynn Macau Limited (8WY) - Net Assets
Based on the latest financial reports, Wynn Macau Limited (8WY) has net assets worth €-13.50 Billion EUR (≈ $-15.78 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€40.56 Billion ≈ $47.42 Billion USD) and total liabilities (€54.06 Billion ≈ $63.20 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Wynn Macau Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-13.50 Billion |
| % of Total Assets | -33.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -650.32% |
| Growth Volatility | 121.74 |
Wynn Macau Limited - Net Assets Trend (2013–2025)
This chart illustrates how Wynn Macau Limited's net assets have evolved over time, based on quarterly financial data. See 8WY days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Wynn Macau Limited (2013–2025)
The table below shows the annual net assets of Wynn Macau Limited from 2013 to 2025. For live valuation and market cap data, see 8WY market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €-13.50 Billion ≈ $-15.78 Billion |
-1.58% |
| 2024-12-31 | €-13.29 Billion ≈ $-15.54 Billion |
+15.95% |
| 2023-12-31 | €-15.81 Billion ≈ $-18.49 Billion |
+7.82% |
| 2022-12-31 | €-17.15 Billion ≈ $-20.05 Billion |
-71.14% |
| 2021-12-31 | €-10.02 Billion ≈ $-11.72 Billion |
-98.22% |
| 2020-12-31 | €-5.06 Billion ≈ $-5.91 Billion |
-354.51% |
| 2019-12-31 | €1.99 Billion ≈ $2.32 Billion |
+30.84% |
| 2018-12-31 | €1.52 Billion ≈ $1.78 Billion |
-49.40% |
| 2017-12-31 | €3.00 Billion ≈ $3.51 Billion |
+22.33% |
| 2016-12-31 | €2.45 Billion ≈ $2.87 Billion |
-40.20% |
| 2015-12-31 | €4.10 Billion ≈ $4.80 Billion |
-41.76% |
| 2014-12-31 | €7.04 Billion ≈ $8.23 Billion |
-23.54% |
| 2013-12-31 | €9.21 Billion ≈ $10.77 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Wynn Macau Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 272.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €644.88 Million | % |
| Total Equity | €-13.50 Billion | 100.00% |
Wynn Macau Limited Competitors by Market Cap
The table below lists competitors of Wynn Macau Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Genworth Financial Inc
NYSE:GNW
|
$3.25 Billion |
|
Suzhou Hesheng Special Material Co Ltd
SHE:002290
|
$3.25 Billion |
|
MiniMed Group, Inc. Common Stock
NASDAQ:MMED
|
$3.25 Billion |
|
Sinch AB
ST:SINCH
|
$3.25 Billion |
|
CJ Corp
KO:001040
|
$3.25 Billion |
|
Navan, Inc. Class A Common Stock
NASDAQ:NAVN
|
$3.24 Billion |
|
Loomis AB ser. B
ST:LOOMIS
|
$3.24 Billion |
|
Norte Grande
SN:NORTEGRAN
|
$3.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wynn Macau Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -13,290,297,000 to -13,499,754,000, a change of -209,457,000.
- Net income of 1,629,617,000 contributed positively to equity growth.
- Dividend payments of 1,937,186,000 reduced retained earnings.
- Other factors increased equity by 98,112,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.63 Billion | +12.07% |
| Dividends Paid | €1.94 Billion | -14.35% |
| Other Changes | €98.11 Million | +0.73% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Wynn Macau Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.58 | €0.64 | x |
| 2018-12-31 | €0.29 | €0.64 | x |
| 2019-12-31 | €0.38 | €0.64 | x |
| 2020-12-31 | €-0.97 | €0.64 | x |
| 2021-12-31 | €-1.93 | €0.64 | x |
| 2022-12-31 | €-3.28 | €0.64 | x |
| 2023-12-31 | €-3.02 | €0.64 | x |
| 2024-12-31 | €-2.54 | €0.64 | x |
| 2025-12-31 | €-2.58 | €0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wynn Macau Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.62%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (83.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 83.59% | 24.57% | 1.01x | 3.35x | €6.78 Billion |
| 2014 | 91.51% | 21.89% | 0.86x | 4.85x | €5.74 Billion |
| 2015 | 58.76% | 12.62% | 0.45x | 10.31x | €2.00 Billion |
| 2016 | 58.52% | 6.50% | 0.51x | 17.51x | €1.19 Billion |
| 2017 | 123.32% | 10.27% | 0.84x | 14.33x | €3.40 Billion |
| 2018 | 411.30% | 15.77% | 0.86x | 30.35x | €6.09 Billion |
| 2019 | 254.52% | 13.98% | 0.72x | 25.31x | €4.86 Billion |
| 2020 | 0.00% | -94.80% | 0.15x | 0.00x | €-6.71 Billion |
| 2021 | 0.00% | -44.17% | 0.28x | 0.00x | €-4.18 Billion |
| 2022 | 0.00% | -130.04% | 0.16x | 0.00x | €-5.62 Billion |
| 2023 | 0.00% | 4.83% | 0.54x | 0.00x | €2.75 Billion |
| 2024 | 0.00% | 11.13% | 0.73x | 0.00x | €4.53 Billion |
| 2025 | 0.00% | 5.62% | 0.71x | 0.00x | €2.98 Billion |
Industry Comparison
This section compares Wynn Macau Limited's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $1,547,142,556
- Average return on equity (ROE) among peers: -71.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wynn Macau Limited (8WY) | €-13.50 Billion | 83.59% | N/A | $3.25 Billion |
| SJM HOLDINGS UNSP.ADR/4 (3MG1) | $14.09 Billion | -14.27% | 2.53x | $1.66 Billion |
| SANDS CHINA ADR/1 O.N. (599) | $1.03 Billion | 101.36% | 9.83x | $14.41 Billion |
| Sands China Ltd (599A) | $5.84 Billion | 24.99% | 0.84x | $14.73 Billion |
| WYNN MACAU LTD ADR/10 (8WY0) | $-13.50 Billion | 0.00% | 0.00x | $3.19 Billion |
| The Star Entertainment Group Limited (EE9) | $833.30 Million | -202.16% | 1.28x | $348.40 Million |
| MGM China Holdings Limited (M04) | $4.92 Billion | 63.33% | 3.47x | $4.55 Billion |
| Melco Resorts & Entertainment Limited (MAS) | $112.74 Million | -650.90% | 58.45x | $1.69 Billion |
| NagaCorp Ltd (N9J) | $599.96 Million | 23.38% | 0.07x | $1.95 Billion |
| Regenbogen AG (RGB) | $7.79 Million | 8.18% | 2.08x | $12.30 Million |
About Wynn Macau Limited
Wynn Macau, Limited owns, develops, and operates integrated destination casino resorts in the People's Republic of China. The company operates through two segments, Wynn Palace and Wynn Macau. It offers table games and slot machines or similar gaming devices; 24-hour gaming services; a range of games comprising private gaming salons and sky casinos; a luxury hotel with spacious rooms, suites, and… Read more