Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
99.9%
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.
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 |
|---|---|---|---|---|---|---|
| 10901 |
Gandhar Oil Refinery (India) Limited
NSE:GANDHAR |
99.9% |
Rs14.00 Billion
≈ $151.36 Million |
Rs9.20 Million | India | Mar 2026 |
| 10902 |
029 GROUP SE INH O.N.
XETRA:Z29 |
99.9% |
€15.75 Million
≈ $18.42 Million |
€10.36K | Germany | Jun 2025 |
| 10903 |
BMS Celik Hasir Sanayi ve Ticaret AS
IS:BMSCH |
99.9% |
TL1.16 Billion
≈ $25.98 Million |
TL766.96K | Turkey | Sep 2025 |
| 10904 |
Korea New Network Co. Ltd
KQ:058400 |
99.9% |
₩223.18 Billion
≈ $151.24 Million |
₩147.65 Million | Korea | Sep 2025 |
| 10905 |
Shenzhen Properties & Resources Development Group Ltd
SHE:000011 |
99.9% |
CN¥3.20 Billion
≈ $468.35 Million |
CN¥2.12 Million | China | Mar 2026 |
| 10906 |
Shenzhen Properties & Resources Development Group Ltd
SHE:200011 |
99.9% |
HK$3.20 Billion
≈ $408.57 Million |
HK$2.12 Million | China | Mar 2026 |
| 10907 |
Mukka Proteins Limited
NSE:MUKKA |
99.9% |
Rs5.29 Billion
≈ $57.19 Million |
Rs3.50 Million | India | Mar 2026 |
| 10908 |
Elite Naturel Organik Gida Sanayi ve Ticaret AS
IS:ELITE |
99.9% |
TL2.25 Billion
≈ $50.39 Million |
TL1.50 Million | Turkey | Dec 2025 |
| 10909 |
Koza Altin Isletmeleri AS
IS:KOZAL |
99.9% |
TL41.65 Billion
≈ $932.77 Million |
TL27.81 Million | Turkey | Sep 2025 |
| 10910 |
Hsing Ta Cement Co Ltd
TW:1109 |
99.9% |
NT$10.28 Billion
≈ $323.94 Million |
NT$6.87 Million | Taiwan | Dec 2025 |
| 10911 |
AptaBio Therapeutics Inc
KQ:293780 |
99.9% |
₩44.61 Billion
≈ $30.23 Million |
₩29.80 Million | Korea | Sep 2025 |
| 10912 |
Triveni Engineering & Industries Limited
NSE:TRIVENI |
99.9% |
Rs31.28 Billion
≈ $338.31 Million |
Rs20.90 Million | India | Sep 2025 |
| 10913 |
Alexander Marine Co Ltd
TW:8478 |
99.9% |
NT$8.55 Billion
≈ $269.48 Million |
NT$5.74 Million | Taiwan | Sep 2025 |
| 10914 |
Electromagnetica SA
RO:ELMA |
99.9% |
RON389.70 Million
≈ $89.48 Million |
RON262.05K | Romania | Jun 2025 |
| 10915 |
Wealth First Portfolio Managers Limited
NSE:WEALTH |
99.9% |
Rs1.51 Billion
≈ $16.30 Million |
Rs1.01 Million | India | Sep 2025 |
| 10916 |
Consolidated Construction Consortium Limited
NSE:CCCL |
99.9% |
Rs2.79 Billion
≈ $30.15 Million |
Rs1.88 Million | India | Mar 2026 |
| 10917 |
Suven Life Sciences Limited
NSE:SUVEN |
99.9% |
Rs2.81 Billion
≈ $30.42 Million |
Rs1.89 Million | India | Sep 2025 |
| 10918 |
OpenSys M Bhd
KLSE:0040 |
99.9% |
RM99.35 Million
≈ $24.94 Million |
RM67.00K | Malaysia | Mar 2026 |
| 10919 |
Rimoni
TA:RIMO |
99.9% |
ILA167.44 Million
≈ $448.90K |
ILA113.00K | Israel | Mar 2026 |
| 10920 |
Przedsiebiorstwo Przemyslu Spozywczego PEPEES S.A.
WAR:PPS |
99.9% |
zł152.60 Million
≈ $42.00 Million |
zł103.00K | Poland | Mar 2026 |
| 10921 |
INDIA SHELTER FINANCE CORPORATION LIMITED
NSE:INDIASHLTR |
99.9% |
Rs31.98 Billion
≈ $345.87 Million |
Rs21.74 Million | India | Mar 2026 |
| 10922 |
Duta Pertiwi Tbk
JK:DUTI |
99.9% |
Rp13.68 Trillion
≈ $801.77 Million |
Rp9.30 Billion | Indonesia | Dec 2025 |
| 10923 |
RKEC Projects Limited
NSE:RKEC |
99.9% |
Rs2.10 Billion
≈ $22.74 Million |
Rs1.43 Million | India | Dec 2025 |
| 10924 |
Yonga Mobilya Sanayi ve Ticaret AS
IS:YONGA |
99.9% |
TL37.85 Million
≈ $847.79K |
TL25.79K | Turkey | Dec 2019 |
| 10925 |
TIZA Information Industry Corporation Inc
SHE:300209 |
99.9% |
CN¥849.18 Million
≈ $124.26 Million |
CN¥578.68K | China | Mar 2026 |
| 10926 |
Chambal Fertilizers & Chemicals Limited
NSE:CHAMBLFERT |
99.9% |
Rs98.22 Billion
≈ $1.06 Billion |
Rs67.00 Million | India | Sep 2025 |
| 10927 |
Kuyas Yatirim AS
IS:KUYAS |
99.9% |
TL627.84 Million
≈ $14.06 Million |
TL428.56K | Turkey | Jun 2023 |
| 10928 |
Skyline Investment S.A.
WAR:SKL |
99.9% |
zł61.40 Million
≈ $16.90 Million |
zł42.00K | Poland | Mar 2026 |
| 10929 |
Ansal Properties & Infrastructure Limited
NSE:ANSALAPI |
99.9% |
Rs2.19 Billion
≈ $23.63 Million |
Rs1.50 Million | India | Sep 2019 |
| 10930 |
Humpuss Intermoda Transportasi
JK:HITS |
99.9% |
Rp118.81 Million
≈ $6.96K |
Rp81.69K | Indonesia | Sep 2025 |
| 10931 |
Yesil Yapi Endustrisi AS
IS:YYAPI |
99.9% |
TL2.36 Billion
≈ $52.90 Million |
TL1.62 Million | Turkey | Jun 2024 |
| 10932 |
Hindustan Composites Limited
NSE:HINDCOMPOS |
99.9% |
Rs11.45 Billion
≈ $123.86 Million |
Rs7.90 Million | India | Mar 2026 |
| 10933 |
Well Shin Technology Co Ltd
TW:3501 |
99.9% |
NT$6.95 Billion
≈ $219.00 Million |
NT$4.80 Million | Taiwan | Dec 2025 |
| 10934 |
Compagnie des Eaux de Royan
PA:MLEDR |
99.9% Annual |
€3.27 Million
≈ $3.83 Million |
€2.26K | France | Dec 2024 |
| 10935 |
Cathay Consolidated Inc
TW:1342 |
99.9% |
NT$2.09 Billion
≈ $65.92 Million |
NT$1.45 Million | Taiwan | Mar 2026 |
| 10936 |
HP Adhesives Limited
NSE:HPAL |
99.9% |
Rs1.88 Billion
≈ $20.30 Million |
Rs1.30 Million | India | Mar 2026 |
| 10937 |
Naga Dhunseri Group Limited
NSE:NDGL |
99.9% |
Rs14.04 Billion
≈ $151.88 Million |
Rs9.75 Million | India | Sep 2025 |
| 10938 |
Richmond International Travel & Tours Co Ltd
TWO:2743 |
99.9% |
NT$1.26 Billion
≈ $39.58 Million |
NT$873.00K | Taiwan | Mar 2026 |
| 10939 |
Sweeten Real Estate Development Co Ltd
TW:5525 |
99.9% |
NT$5.09 Billion
≈ $160.22 Million |
NT$3.53 Million | Taiwan | Sep 2025 |
| 10940 |
China Glaze Co Ltd
TW:1809 |
99.9% |
NT$3.31 Billion
≈ $104.14 Million |
NT$2.30 Million | Taiwan | Dec 2025 |
| 10941 |
Sam Jung Pulp
KO:009770 |
99.9% |
₩268.57 Billion
≈ $182.01 Million |
₩186.89 Million | Korea | Mar 2026 |
| 10942 |
Anhui Gourgen Traffic Construction Co Ltd
SHG:603815 |
99.9% |
CN¥2.52 Billion
≈ $369.30 Million |
CN¥1.76 Million | China | Sep 2025 |
| 10943 |
Kiriacoulis Mediterranean Cruises Shipping S.A.
AT:KYRI |
99.9% |
€5.73 Million
≈ $6.70 Million |
€3.99K | Greece | Dec 2024 |
| 10944 |
Y/KNOT S.A.
AT:YKNOT |
99.9% |
€5.73 Million
≈ $6.70 Million |
€3.99K | Greece | Dec 2024 |
| 10945 |
COSCO SHIPPING Energy Transportation Co. Ltd
F:HIFH |
99.9% |
€39.80 Billion
≈ $46.54 Billion |
€27.78 Million | Germany | Jun 2025 |
| 10946 |
X Trade Brokers Dom Maklerski SA
WAR:XTB |
99.9% |
zł2.00 Billion
≈ $550.57 Million |
zł1.40 Million | Poland | Dec 2025 |
| 10947 |
IBKS No3 SPAC
KQ:225430 |
99.9% |
₩27.43 Billion
≈ $18.59 Million |
₩19.20 Million | Korea | Mar 2026 |
| 10948 |
Dancomech Holdings Bhd
KLSE:5276 |
99.9% |
RM254.01 Million
≈ $63.77 Million |
RM178.00K | Malaysia | Dec 2025 |
| 10949 |
KEC International Limited
NSE:KEC |
99.9% |
Rs56.43 Billion
≈ $610.26 Million |
Rs39.60 Million | India | Sep 2025 |
| 10950 |
Aditxt Inc.
NASDAQ:ADTX |
99.9% | $3.95 Million | $2.78K | USA | Dec 2025 |
| 10951 |
Hoang Huy Investment Services JSC
VN:HHS |
99.9% |
₫16.70 Trillion
≈ $634.52 Million |
₫11.75 Billion | Vietnam | Jun 2026 |
| 10952 |
Wonpoong Corporation
KQ:008370 |
99.9% |
₩91.68 Billion
≈ $62.13 Million |
₩64.64 Million | Korea | Sep 2025 |
| 10953 |
Banco Alfa de Investimento S.A
SA:BRIV3 |
99.9% |
R$1.71 Billion
≈ $335.83 Million |
R$1.21 Million | Brazil | Dec 2023 |
| 10954 |
Dongyue Group Limited
F:4D3 |
99.9% |
€20.16 Billion
≈ $23.57 Billion |
€14.26 Million | Germany | Dec 2025 |
| 10955 |
Sino Geophysical
SHE:300191 |
99.9% |
CN¥1.23 Billion
≈ $179.97 Million |
CN¥870.35K | China | Jun 2026 |
| 10956 |
Helixmith Co. Ltd
KQ:084990 |
99.9% |
₩140.28 Billion
≈ $95.06 Million |
₩99.45 Million | Korea | Mar 2026 |
| 10957 |
Shouyao Holdings (Beijing) Co. Ltd. A
SHG:688197 |
99.9% |
CN¥665.09 Million
≈ $97.32 Million |
CN¥472.57K | China | Mar 2026 |
| 10958 |
Adial Pharmaceuticals Inc
NASDAQ:ADIL |
99.9% | $3.72 Million | $2.64K | USA | Mar 2026 |
| 10959 |
Maniker F & G Co. Ltd
KQ:195500 |
99.9% |
₩79.75 Billion
≈ $54.04 Million |
₩56.74 Million | Korea | Mar 2026 |
| 10960 |
Sea Ltd
NYSE:SE |
99.9% | $12.98 Billion | $9.26 Million | USA | Mar 2026 |
| 10961 |
Purit Co. Ltd.
KQ:445180 |
99.9% |
₩110.24 Billion
≈ $74.71 Million |
₩78.65 Million | Korea | Mar 2026 |
| 10962 |
Rhinebeck Bancorp Inc
NASDAQ:RBKB |
99.9% | $138.64 Million | $99.00K | USA | Mar 2026 |
| 10963 |
Hitech Corporation Limited
NSE:HITECHCORP |
99.9% |
Rs2.78 Billion
≈ $30.09 Million |
Rs1.99 Million | India | Sep 2025 |
| 10964 |
Prodea Real Estate Investment Co.
AT:PRODEA |
99.9% |
€1.64 Billion
≈ $1.92 Billion |
€1.18 Million | Greece | Dec 2024 |
| 10965 |
Yang Guang Co Ltd
SHE:000608 |
99.9% |
CN¥2.54 Billion
≈ $371.42 Million |
CN¥1.82 Million | China | Mar 2026 |
| 10966 |
Ichitan Group Public Company Limited
BK:ICHI |
99.9% |
฿5.93 Billion
≈ $184.88 Million |
฿4.26 Million | Thailand | Mar 2026 |
| 10967 |
AztechWB Co. Ltd
KQ:032080 |
99.9% |
₩109.15 Billion
≈ $73.97 Million |
₩78.50 Million | Korea | Sep 2025 |
| 10968 |
Venu Holding Corporation
NYSE MKT:VENU |
99.9% | $198.85 Million | $144.56K | USA | Dec 2025 |
| 10969 |
RSWM Limited
NSE:RSWM |
99.9% |
Rs13.61 Billion
≈ $147.19 Million |
Rs9.90 Million | India | Mar 2026 |
| 10970 |
Dongkuk Structures & Construction Company Limited
KQ:100130 |
99.9% |
₩185.64 Billion
≈ $125.81 Million |
₩135.04 Million | Korea | Dec 2025 |
| 10971 |
Ningbo Ocean Shipping Co. Ltd. A
SHG:601022 |
99.9% |
CN¥6.29 Billion
≈ $920.55 Million |
CN¥4.58 Million | China | Mar 2026 |
| 10972 |
PPB Group Bhd
KLSE:4065 |
99.9% |
RM22.75 Billion
≈ $5.71 Billion |
RM16.62 Million | Malaysia | Dec 2025 |
| 10973 |
Panelsan Cati Cephe Sistemleri Sanayi ve Ticaret AS
IS:PNLSN |
99.9% |
TL2.73 Billion
≈ $61.18 Million |
TL2.00 Million | Turkey | Sep 2025 |
| 10974 |
African Rainbow Minerals Ltd
JSE:ARI |
99.9% |
ZAC60.12 Billion
≈ $31.95 Million |
ZAC44.00 Million | South Africa | Jun 2025 |
| 10975 |
Sastasundar Ventures Limited
NSE:SASTASUNDR |
99.9% |
Rs8.76 Billion
≈ $94.76 Million |
Rs6.43 Million | India | Sep 2025 |
| 10976 |
Central Reinsurance Corp
TW:2851 |
99.9% |
NT$18.91 Billion
≈ $595.72 Million |
NT$13.90 Million | Taiwan | Jun 2025 |
| 10977 |
Dimerco Express
TWO:5609 |
99.9% |
NT$6.14 Billion
≈ $193.36 Million |
NT$4.51 Million | Taiwan | Mar 2026 |
| 10978 |
Ca Toulouse 31 CCI
PA:CAT31 |
99.9% |
€2.25 Billion
≈ $2.63 Billion |
€1.66 Million | France | Dec 2025 |
| 10979 |
Hap Seng Consolidated Bhd
KLSE:3034 |
99.9% |
RM9.39 Billion
≈ $2.36 Billion |
RM6.93 Million | Malaysia | Dec 2025 |
| 10980 |
Vardhman Textiles Limited
NSE:VTL |
99.9% |
Rs105.88 Billion
≈ $1.15 Billion |
Rs78.30 Million | India | Mar 2026 |
| 10981 |
Aro Granite Industries Limited
NSE:AROGRANITE |
99.9% |
Rs1.74 Billion
≈ $18.81 Million |
Rs1.29 Million | India | Mar 2026 |
| 10982 |
PC Connection Inc
NASDAQ:CNXN |
99.9% | $921.69 Million | $684.00K | USA | Mar 2026 |
| 10983 |
GMP Property SOCIMI SA
MC:YGMP |
99.9% |
€1.75 Billion
≈ $2.04 Billion |
€1.30 Million | Spain | Dec 2025 |
| 10984 |
Clinuvel Pharmaceuticals Ltd
AU:CUV |
99.9% |
AU$249.02 Million
≈ $176.19 Million |
AU$185.03K | Australia | Dec 2025 |
| 10985 |
Sachem Capital Corp
NYSE MKT:SACH |
99.9% | $174.94 Million | $130.00K | USA | Dec 2025 |
| 10986 |
Plastron Precision Co Ltd
TWO:6185 |
99.9% |
NT$2.12 Billion
≈ $66.72 Million |
NT$1.57 Million | Taiwan | Mar 2026 |
| 10987 |
Popular Inc
NASDAQ:BPOP |
99.9% | $6.31 Billion | $4.69 Million | USA | Mar 2026 |
| 10988 |
Li Peng Enterprise Co Ltd
TW:1447 |
99.9% |
NT$8.27 Billion
≈ $260.49 Million |
NT$6.15 Million | Taiwan | Dec 2025 |
| 10989 |
Beijing Orient Landscape Co Ltd
SHE:002310 |
99.9% |
CN¥2.40 Billion
≈ $350.58 Million |
CN¥1.78 Million | China | Mar 2026 |
| 10990 |
Zaklady Urzadzen Kotlowych Staporkow SA
WAR:ZUK |
99.9% |
zł18.79 Million
≈ $5.17 Million |
zł14.00K | Poland | Mar 2026 |
| 10991 |
PT Cahayasakti Investindo Sukses Tbk
JK:CSIS |
99.9% |
Rp354.74 Billion
≈ $20.79 Million |
Rp264.61 Million | Indonesia | Sep 2025 |
| 10992 |
Fang Holdings Ltd
NYSE:SFUNY |
99.9% | $665.75 Million | $497.00K | USA | Dec 2020 |
| 10993 |
ABC arbitrage SA
PA:ABCA |
99.9% |
€169.61 Million
≈ $198.29 Million |
€127.00K | France | Dec 2025 |
| 10994 |
AGM Group Holdings Inc Class A
NASDAQ:AGMH |
99.9% | $35.76 Million | $26.79K | USA | Sep 2025 |
| 10995 |
Khon Kaen Sugar Industry PCL
BK:KSL |
99.9% |
฿22.24 Billion
≈ $693.33 Million |
฿16.67 Million | Thailand | Apr 2026 |
| 10996 |
Universal Cables Limited
NSE:UNIVCABLES |
99.9% |
Rs18.91 Billion
≈ $204.51 Million |
Rs14.18 Million | India | Mar 2026 |
| 10997 |
Rupa & Company Limited
NSE:RUPA |
99.9% |
Rs10.14 Billion
≈ $109.63 Million |
Rs7.62 Million | India | Sep 2025 |
| 10998 |
Iris Clothings Limited
NSE:IRISDOREME |
99.9% |
Rs1.32 Billion
≈ $14.31 Million |
Rs994.00K | India | Sep 2025 |
| 10999 |
Moulinvest
PA:ALMOU |
99.9% |
€73.13 Million
≈ $85.50 Million |
€55.00K | France | Aug 2025 |
| 11000 |
Garuda Indonesia Persero Tbk
JK:GIAA |
99.9% |
Rp500.81 Million
≈ $29.35K |
Rp378.11K | Indonesia | Mar 2020 |