GDS Holdings Limited (G40) — Tangible Net Worth Ratio
GDS Holdings Limited (G40) has a Tangible Net Worth Ratio of 99.0% as of December 2025. This metric is calculated by deducting intangible assets (€289.46 Million) from net assets (€27.74 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 G40 net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
GDS Holdings Limited Tangible Net Worth Ratio (2016–2025)
This chart shows how GDS Holdings Limited's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 99.0%, reflecting net assets of €27.74 Billion with intangible assets of €289.46 Million EUR. Also explore GDS Holdings Limited (G40) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for GDS Holdings Limited (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for GDS Holdings Limited from 2016 to 2025, covering 10 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 market cap of GDS Holdings Limited.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.0% | €27.74 Billion | €289.46 Million | €80.00 Billion | ▲ +1.1 pp |
| 2024 | 97.9% | €23.67 Billion | €502.89 Million | €73.65 Billion | ▲ +1.4 pp |
| 2023 | 96.5% | €20.12 Billion | €710.68 Million | €74.45 Billion | ▼ -3.4 pp |
| 2022 | 99.9% | €23.14 Billion | €23.00 Million | €74.81 Billion | ▲ +2.4 pp |
| 2021 | 97.5% | €25.90 Billion | €634.95 Million | €71.63 Billion | ▲ +0.1 pp |
| 2020 | 97.5% | €26.67 Billion | €678.19 Million | €57.26 Billion | ▲ +7.5 pp |
| 2019 | 89.9% | €11.36 Billion | €1.14 Billion | €31.49 Billion | ▲ +12.4 pp |
| 2018 | 77.6% | €5.52 Billion | €1.24 Billion | €20.89 Billion | ▼ -14.1 pp |
| 2017 | 91.6% | €4.48 Billion | €374.71 Million | €13.14 Billion | ▼ -4.4 pp |
| 2016 | 96.0% | €2.99 Billion | €119.36 Million | €8.20 Billion | — |