Sands China Ltd (599A) — Tangible Net Worth Ratio

Latest as of December 2025: 68.2%

Sands China Ltd (599A) has a Tangible Net Worth Ratio of 68.2% as of December 2025. This metric is calculated by deducting intangible assets (€445.00 Million) from net assets (€1.40 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See net assets of Sands China Ltd for net asset value and shareholders' equity analysis.

Tangible NW Ratio

68.2%
Tangible equity / total equity

Net Assets (Equity)

€1.40 Billion
EUR

Intangible Assets

€445.00 Million
Goodwill, patents, brand value

Total Assets

€10.57 Billion
EUR

Sands China Ltd Tangible Net Worth Ratio (2013–2025)

This chart shows how Sands China Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 68.2%, reflecting net assets of €1.40 Billion with intangible assets of €445.00 Million EUR. Also explore Sands China Ltd (599A) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Sands China Ltd (2013–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Sands China Ltd from 2013 to 2025, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see 599A market cap overview.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 68.2% €1.40 Billion €445.00 Million €10.57 Billion ▲ +10.7 pp
2024 57.5% €1.03 Billion €438.00 Million €11.17 Billion ▼ -38.2 pp
2021 95.7% €888.00 Million €38.00 Million €10.09 Billion ▼ -2.2 pp
2020 97.9% €1.93 Billion €41.00 Million €10.55 Billion ▼ -1.0 pp
2019 98.9% €4.45 Billion €48.00 Million €12.10 Billion ▼ 0.0 pp
2018 99.0% €4.41 Billion €46.00 Million €12.06 Billion ▼ -0.3 pp
2017 99.3% €4.54 Billion €34.00 Million €10.65 Billion ▼ -0.1 pp
2016 99.3% €5.01 Billion €35.00 Million €11.18 Billion ▼ -0.2 pp
2015 99.5% €5.84 Billion €28.00 Million €10.77 Billion ▼ -0.2 pp
2014 99.7% €6.43 Billion €20.70 Million €11.35 Billion ▼ 0.0 pp
2013 99.7% €6.45 Billion €20.15 Million €11.47 Billion
pp = percentage points