Companies by Tangible Net Worth Ratio

Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets

Average Tangible NW Ratio

100.0%
Across companies on this page

Companies with Data

31,440
With positive equity and balance sheet data
Tangible Net Worth Ratio = (Net Assets − Intangible Assets) / Net Assets × 100
Measures the quality of equity by removing intangible assets (goodwill, patents, brand value). Companies with 100% have no intangibles in their equity base; companies below 0% have intangibles exceeding their total equity. Only companies with positive net assets are included.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
10001 Dhunseri Ventures Limited
NSE:DVL 		100.0% Rs32.30 Billion
≈ $349.31 Million 		Rs1.72 Million India Sep 2025
10002 Iceni Gold Ltd
AU:ICL 		100.0% AU$29.65 Million
≈ $20.98 Million 		AU$1.60K Australia Dec 2025
10003 Sukhjit Starch & Chemicals Limited
NSE:SUKHJITS 		100.0% Rs5.50 Billion
≈ $59.46 Million 		Rs300.00K India Sep 2025
10004 Silver Ridge Holdings Bhd
KLSE:0129 		100.0% RM73.07 Million
≈ $18.35 Million 		RM4.00K Malaysia Mar 2026
10005 Indo Thai Securities Limited
NSE:INDOTHAI 		100.0% Rs2.19 Billion
≈ $23.64 Million 		Rs122.00K India Sep 2025
10006 OraSure Technologies Inc
NASDAQ:OSUR 		100.0% $340.83 Million $19.05K USA Dec 2025
10007 Thai-German Products Public Company Limited
BK:TGPRO 		100.0% ฿1.56 Billion
≈ $48.47 Million 		฿87.00K Thailand Mar 2026
10008 Rayong Wire Industries Public Company Limited
BK:RWI 		100.0% ฿884.47 Million
≈ $27.57 Million 		฿50.46K Thailand Dec 2025
10009 Bombay Dyeing & Mfg Company Limited
NSE:BOMDYEING 		100.0% Rs22.59 Billion
≈ $244.26 Million 		Rs1.30 Million India Mar 2026
10010 Wuxi Online Offline Communication Information Technology Co. Ltd.
SHE:300959 		100.0% CN¥1.14 Billion
≈ $167.06 Million 		CN¥66.44K China Jun 2025
10011 Thirumalai Chemicals Limited
NSE:TIRUMALCHM 		100.0% Rs15.32 Billion
≈ $165.72 Million 		Rs900.00K India Sep 2025
10012 LDR Turizm AS
IS:LIDER 		100.0% TL8.09 Billion
≈ $181.16 Million 		TL481.53K Turkey Jun 2025
10013 Hubtown Limited
NSE:HUBTOWN 		100.0% Rs26.77 Billion
≈ $289.55 Million 		Rs1.60 Million India Sep 2025
10014 Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret AS
IS:MOBTL 		100.0% TL7.85 Billion
≈ $175.81 Million 		TL470.91K Turkey Sep 2025
10015 Mazhar Zorlu Holding AS
IS:MZHLD 		100.0% TL65.27 Million
≈ $1.46 Million 		TL3.92K Turkey Dec 2019
10016 Invinity Energy Systems PLC
LSE:IES 		100.0% GBX66.43 Million
≈ $8.08K 		GBX4.00K UK Dec 2025
10017 Awanbiru Technology Bhd
KLSE:5204 		100.0% RM131.79 Million
≈ $33.09 Million 		RM8.00K Malaysia Sep 2025
10018 TOPBI International Holdings Ltd
TW:2929 		100.0% NT$2.74 Billion
≈ $86.35 Million 		NT$167.00K Taiwan Dec 2025
10019 Sedlmayr Grund und Immobilien AG
F:SPB 		100.0% €244.22 Million
≈ $285.51 Million 		€15.00K Germany Sep 2025
10020 Beijing Fengshangshiji Culture Medi
SHE:300860 		100.0% CN¥3.15 Billion
≈ $460.62 Million 		CN¥193.39K China Mar 2026
10021 EL. D. Mouzakis S.A
AT:MOYZK 		100.0% €37.79 Million
≈ $44.18 Million 		€2.32K Greece Dec 2025
10022 Nakoda Group of Industries Limited
NSE:NGIL 		100.0% Rs289.63 Million
≈ $3.13 Million 		Rs18.00K India Mar 2026
10023 Getin Holding SA
WAR:GTN 		100.0% zł176.45 Million
≈ $48.56 Million 		zł11.00K Poland Mar 2025
10024 Atakule Gayrimenkul Yatirim Ortakligi AS
IS:AGYO 		100.0% TL1.80 Billion
≈ $40.40 Million 		TL113.03K Turkey Jun 2023
10025 Energy Development Company Limited
NSE:ENERGYDEV 		100.0% Rs95.46 Million
≈ $1.03 Million 		Rs6.00K India Sep 2025
10026 Nanjing Chixia Development Co Ltd
SHG:600533 		100.0% CN¥1.45 Billion
≈ $211.92 Million 		CN¥91.11K China Mar 2026
10027 King’s Town Construction Co Ltd
TW:2524 		100.0% NT$21.03 Billion
≈ $662.67 Million 		NT$1.32 Million Taiwan Sep 2025
10028 Bharat Rasayan Limited
NSE:BHARATRAS 		100.0% Rs12.75 Billion
≈ $137.86 Million 		Rs805.00K India Mar 2026
10029 Saksoft Limited
NSE:SAKSOFT 		100.0% Rs7.03 Billion
≈ $76.00 Million 		Rs448.00K India Sep 2025
10030 Greenland Hong Kong Holdings Limited
F:QFRA 		100.0% €14.65 Billion
≈ $17.12 Billion 		€936.00K Germany Dec 2025
10031 MDX Public Company Limited
BK:MDX 		100.0% ฿7.54 Billion
≈ $235.05 Million 		฿484.42K Thailand Mar 2026
10032 Greattown Holdings Ltd B
SHG:900940 		100.0% $10.64 Billion $689.11K China Mar 2026
10033 AVRO INDIA LIMITED
NSE:AVROIND 		100.0% Rs895.05 Million
≈ $9.68 Million 		Rs58.00K India Mar 2026
10034 Plazza AG
SW:PLAN 		100.0% CHF788.00 Million
≈ $996.25 Million 		CHF52.00K Switzerland Dec 2025
10035 Sipef NV
BR:SIP 		100.0% €1.04 Billion
≈ $1.22 Billion 		€69.01K Belgium Dec 2025
10036 Premier Polyfilm Limited
NSE:PREMIERPOL 		100.0% Rs1.47 Billion
≈ $15.92 Million 		Rs100.00K India Mar 2026
10037 Sportking India Limited
NSE:SPORTKING 		100.0% Rs11.16 Billion
≈ $120.68 Million 		Rs760.00K India Mar 2026
10038 Lippo Cikarang Tbk
JK:LPCK 		100.0% Rp6.82 Trillion
≈ $399.57 Million 		Rp470.00 Million Indonesia Jun 2026
10039 PC Jeweller Limited
NSE:PCJEWELLER 		100.0% Rs81.74 Billion
≈ $884.01 Million 		Rs5.70 Million India Mar 2026
10040 Time Technoplast Limited
NSE:TIMETECHNO 		100.0% Rs31.17 Billion
≈ $337.05 Million 		Rs2.20 Million India Sep 2025
10041 SAI SILKS (KALAMANDIR) LIMITED
NSE:KALAMANDIR 		100.0% Rs12.60 Billion
≈ $136.32 Million 		Rs900.00K India Mar 2026
10042 Banaras Beads Limited
NSE:BANARBEADS 		100.0% Rs565.00 Million
≈ $6.11 Million 		Rs41.00K India Sep 2025
10043 Southern Petrochemicals Industries Corporation Limited
NSE:SPIC 		100.0% Rs13.70 Billion
≈ $148.17 Million 		Rs1.00 Million India Mar 2026
10044 Arvee Laboratories (India) Limited
NSE:ARVEE 		100.0% Rs314.41 Million
≈ $3.40 Million 		Rs23.00K India Sep 2025
10045 Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi A.S.
IS:GIPTA 		100.0% TL2.34 Billion
≈ $52.44 Million 		TL171.99K Turkey Sep 2024
10046 Greattown Holdings Ltd A
SHG:600094 		100.0% CN¥10.75 Billion
≈ $1.57 Billion 		CN¥790.69K China Sep 2025
10047 Paisalo Digital Limited
NSE:PAISALO 		100.0% Rs17.93 Billion
≈ $193.90 Million 		Rs1.32 Million India Mar 2026
10048 Pool Advista Finance Tbk PT
JK:POLA 		100.0% Rp213.81 Billion
≈ $12.53 Million 		Rp15.77 Million Indonesia Sep 2025
10049 Fade Gida Yatirim Sanayi Ticaret As
IS:FADE 		100.0% TL1.60 Billion
≈ $35.84 Million 		TL118.49K Turkey Jun 2025
10050 Maithan Alloys Limited
NSE:MAITHANALL 		100.0% Rs41.36 Billion
≈ $447.31 Million 		Rs3.10 Million India Sep 2025
10051 Berlina Tbk
JK:BRNA 		100.0% Rp1.07 Trillion
≈ $62.46 Million 		Rp80.41 Million Indonesia Jun 2026
10052 Hedef Girisim Sermayesi
IS:HDFGS 		100.0% TL2.70 Billion
≈ $60.51 Million 		TL204.44K Turkey Jun 2025
10053 Green Brick Partners Inc
NYSE:GRBK 		100.0% $2.03 Billion $154.00K USA Jun 2026
10054 Mangalam Global Enterprise Limited
NSE:MGEL 		100.0% Rs2.26 Billion
≈ $24.44 Million 		Rs173.00K India Sep 2025
10055 Global Education Limited
NSE:GLOBAL 		100.0% Rs1.19 Billion
≈ $12.85 Million 		Rs91.00K India Sep 2025
10056 HNA Technology Co Ltd B
SHG:900938 		100.0% $7.56 Billion $590.57K China Mar 2026
10057 Sewon E&C
KO:091090 		100.0% ₩157.93 Billion
≈ $107.03 Million 		₩12.50 Million Korea Jun 2025
10058 I-Sheng Electric Wire & Cable Co Ltd
TW:6115 		100.0% NT$5.62 Billion
≈ $177.01 Million 		NT$445.00K Taiwan Mar 2026
10059 HyosungONBCo.Ltd
KQ:097870 		100.0% ₩78.87 Billion
≈ $53.45 Million 		₩6.25 Million Korea Dec 2025
10060 Sinergi Megah Internusa Tbk PT
JK:NUSA 		100.0% Rp753.15 Billion
≈ $44.13 Million 		Rp60.05 Million Indonesia Sep 2019
10061 The Peria Karamalai Tea & Produce Company Limited
NSE:PKTEA 		100.0% Rs4.50 Billion
≈ $48.61 Million 		Rs359.00K India Mar 2026
10062 Ya Horng Electronic Co Ltd
TW:6201 		100.0% NT$2.61 Billion
≈ $82.24 Million 		NT$210.00K Taiwan Mar 2026
10063 Western Carriers India Ltd
NSE:WCIL 		100.0% Rs8.67 Billion
≈ $93.76 Million 		Rs700.00K India Mar 2026
10064 Magadh Sugar & Energy Limited
NSE:MAGADSUGAR 		100.0% Rs8.06 Billion
≈ $87.19 Million 		Rs657.00K India Sep 2025
10065 SM Wirtschaftsberatungs AG
XETRA:SMWN 		100.0% €18.13 Million
≈ $21.19 Million 		€1.48K Germany Jun 2025
10066 Hafnia Limited
NYSE:HAFN 		100.0% $2.33 Billion $190.82K USA Sep 2025
10067 Tolins Tyres Ltd
NSE:TOLINS 		100.0% Rs3.41 Billion
≈ $36.87 Million 		Rs280.00K India Sep 2025
10068 HNA Technology Co Ltd A
SHG:600751 		100.0% CN¥7.57 Billion
≈ $1.11 Billion 		CN¥628.27K China Sep 2025
10069 Gowa Makassar Tourism Develop
JK:GMTD 		100.0% Rp859.24 Billion
≈ $50.35 Million 		Rp71.44 Million Indonesia Dec 2025
10070 Sindoh
KO:029530 		100.0% ₩1.08 Trillion
≈ $734.03 Million 		₩90.47 Million Korea Mar 2026
10071 Sakura Development Co Ltd
TW:2539 		100.0% NT$17.91 Billion
≈ $564.27 Million 		NT$1.50 Million Taiwan Dec 2025
10072 Makmur Berkah Amanda Pt
JK:AMAN 		100.0% Rp820.93 Billion
≈ $48.10 Million 		Rp69.19 Million Indonesia Sep 2025
10073 The Phoenix Mills Limited
NSE:PHOENIXLTD 		100.0% Rs143.05 Billion
≈ $1.55 Billion 		Rs12.10 Million India Mar 2026
10074 Malaysian Bulk Carriers Bhd
KLSE:5077 		100.0% RM483.88 Million
≈ $121.49 Million 		RM41.00K Malaysia Jun 2025
10075 Hua Yuan Property Co Ltd
SHG:600743 		100.0% CN¥553.82 Million
≈ $81.04 Million 		CN¥47.46K China Mar 2026
10076 Luks Kadife Ticaret ve Sanayi AS
IS:LUKSK 		100.0% TL1.12 Billion
≈ $25.13 Million 		TL96.27K Turkey Dec 2024
10077 Torunlar Gayrimenkul Yatirim Ortakligi AS
IS:TRGYO 		100.0% TL124.33 Billion
≈ $2.78 Billion 		TL10.68 Million Turkey Sep 2025
10078 Matrix Service Co
NASDAQ:MTRX 		100.0% $139.42 Million $12.00K USA Mar 2026
10079 Shanghai Shibei Hi-Tech Co Ltd A
SHG:600604 		100.0% CN¥7.89 Billion
≈ $1.15 Billion 		CN¥681.23K China Mar 2026
10080 Shanghai Shibei Hi-Tech Co Ltd B
SHG:900902 		100.0% $7.89 Billion $681.23K China Mar 2026
10081 Chainqui Construction Development Co Ltd
TW:2509 		100.0% NT$4.14 Billion
≈ $130.58 Million 		NT$361.00K Taiwan Jun 2026
10082 Cann Group Ltd
AU:CAN 		100.0% AU$34.16 Million
≈ $24.17 Million 		AU$3.00K Australia Dec 2025
10083 Niching Industrial
TWO:3444 		100.0% NT$997.13 Million
≈ $31.42 Million 		NT$88.00K Taiwan Jun 2025
10084 Entre Cua Socimi
MC:YENT 		100.0% €70.52 Million
≈ $82.44 Million 		€6.30K Spain Dec 2024
10085 TARC Limited
NSE:TARC 		100.0% Rs10.82 Billion
≈ $116.98 Million 		Rs971.00K India Sep 2025
10086 Rongfeng Holding Group
SHE:000668 		100.0% CN¥756.23 Million
≈ $110.66 Million 		CN¥68.00K China Mar 2026
10087 Red Planet Indonesia Tbk
JK:PSKT 		100.0% Rp325.32 Billion
≈ $19.06 Million 		Rp29.35 Million Indonesia Sep 2025
10088 PT Mandiri Herindo Adiperkasa Tbk
JK:MAHA 		100.0% Rp1.99 Trillion
≈ $116.46 Million 		Rp180.04 Million Indonesia Mar 2026
10089 Bank Negara Indonesia Tbk
JK:BBNI 		100.0% Rp165.19 Trillion
≈ $9.68 Billion 		Rp14.97 Billion Indonesia Jun 2025
10090 Styrenix Performance Materials Limited
NSE:STYRENIX 		100.0% Rs12.46 Billion
≈ $134.73 Million 		Rs1.13 Million India Sep 2025
10091 Graha Andrasentra Propertindo Tbk PT
JK:JGLE 		100.0% Rp1.13 Trillion
≈ $66.12 Million 		Rp103.00 Million Indonesia Sep 2025
10092 Halk Gayrimenkul Yatirim Ortakligi AS
IS:HLGYO 		100.0% TL60.83 Billion
≈ $1.36 Billion 		TL5.56 Million Turkey Mar 2026
10093 Ndr Auto Components Limited
NSE:NDRAUTO 		100.0% Rs3.33 Billion
≈ $36.03 Million 		Rs305.00K India Sep 2025
10094 Dong Il Steel MFG Co Ltd
KO:002690 		100.0% ₩157.80 Billion
≈ $106.94 Million 		₩14.50 Million Korea Mar 2026
10095 Cavatina Holding S.A.
WAR:CAV 		100.0% zł1.19 Billion
≈ $326.34 Million 		zł109.00K Poland Dec 2025
10096 Beijing Asiacom Information Technology Co.Ltd
SHE:301085 		100.0% CN¥954.57 Million
≈ $139.68 Million 		CN¥87.89K China Mar 2026
10097 Digital Mediatama Maxima PT
JK:DMMX 		100.0% Rp688.50 Billion
≈ $40.34 Million 		Rp63.86 Million Indonesia Dec 2025
10098 Fertilizers and Chemicals Travancore Limited
NSE:FACT 		100.0% Rs13.50 Billion
≈ $146.03 Million 		Rs1.25 Million India Mar 2026
10099 Magnum Ventures Limited
NSE:MAGNUM 		100.0% Rs6.84 Billion
≈ $73.96 Million 		Rs637.00K India Dec 2025
10100 Bestec Power Electronics Co Ltd
TW:3308 		100.0% NT$1.13 Billion
≈ $35.63 Million 		NT$107.00K Taiwan Mar 2026