Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
99.8%
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 |
|---|---|---|---|---|---|---|
| 11701 |
Fujian Expressway Development Co Ltd
SHG:600033 |
99.8% |
CN¥15.13 Billion
≈ $2.21 Billion |
CN¥24.51 Million | China | Sep 2025 |
| 11702 |
Share India Securities Limited
NSE:SHAREINDIA |
99.8% |
Rs25.24 Billion
≈ $273.01 Million |
Rs41.03 Million | India | Sep 2025 |
| 11703 |
Manali Petrochemicals Limited
NSE:MANALIPETC |
99.8% |
Rs12.81 Billion
≈ $138.59 Million |
Rs20.90 Million | India | Mar 2026 |
| 11704 |
Tainergy Tech Co Ltd
TW:4934 |
99.8% |
NT$1.74 Billion
≈ $54.97 Million |
NT$2.85 Million | Taiwan | Sep 2025 |
| 11705 |
Tapaco Public Company Limited
BK:TAPAC |
99.8% |
฿884.58 Million
≈ $27.57 Million |
฿1.45 Million | Thailand | Oct 2023 |
| 11706 |
Actoz Soft Co.Ltd
KQ:052790 |
99.8% |
₩248.49 Billion
≈ $168.40 Million |
₩406.42 Million | Korea | Sep 2025 |
| 11707 |
Power Solution Technologies Public Company Limited
BK:PSTC |
99.8% |
฿2.02 Billion
≈ $62.89 Million |
฿3.30 Million | Thailand | Mar 2026 |
| 11708 |
Sahathai Terminal Public Company Limited
BK:PORT |
99.8% |
฿1.34 Billion
≈ $41.78 Million |
฿2.20 Million | Thailand | Mar 2026 |
| 11709 |
Focus Lighting and Fixtures Limited
NSE:FOCUS |
99.8% |
Rs1.46 Billion
≈ $15.83 Million |
Rs2.40 Million | India | Mar 2026 |
| 11710 |
Daewon Sanup Co. Ltd
KQ:005710 |
99.8% |
₩584.51 Billion
≈ $396.11 Million |
₩959.05 Million | Korea | Dec 2025 |
| 11711 |
Liberty Shoes Limited
NSE:LIBERTSHOE |
99.8% |
Rs2.28 Billion
≈ $24.64 Million |
Rs3.74 Million | India | Sep 2025 |
| 11712 |
Park Ha Biological Technology Co., Ltd.
NASDAQ:BYAH |
99.8% | $4.25 Million | $6.98K | USA | Apr 2025 |
| 11713 |
Park Ha Biological Technology Co., Ltd.
NASDAQ:PHH |
99.8% | $4.25 Million | $6.98K | USA | Jun 2025 |
| 11714 |
Customers Bancorp, Inc.
NYSE:CUBI |
99.8% | $2.21 Billion | $3.63 Million | USA | Jun 2026 |
| 11715 |
Ultra Jaya Milk Industry Tbk
JK:ULTJ |
99.8% |
Rp8.82 Trillion
≈ $517.06 Million |
Rp14.52 Billion | Indonesia | Mar 2026 |
| 11716 |
Sino-Argi Leading Biosciences
SHG:603970 |
99.8% |
CN¥1.78 Billion
≈ $260.78 Million |
CN¥2.94 Million | China | Mar 2026 |
| 11717 |
Hammond Manufacturing Company Limited
TO:HMM-A |
99.8% |
CA$145.38 Million
≈ $105.16 Million |
CA$240.00K | Canada | Jun 2026 |
| 11718 |
COVIVIO UNS.ADR/1/4
F:F5D0 |
99.8% |
€12.65 Billion
≈ $14.79 Billion |
€20.90 Million | Germany | Dec 2025 |
| 11719 |
Sanxiang Co Ltd
SHE:000863 |
99.8% |
CN¥3.74 Billion
≈ $546.56 Million |
CN¥6.17 Million | China | Mar 2026 |
| 11720 |
Changjiang Securities Co Ltd
SHE:000783 |
99.8% |
CN¥42.95 Billion
≈ $6.29 Billion |
CN¥71.04 Million | China | Mar 2026 |
| 11721 |
Armlogi Holding Corp. Common Stock
NASDAQ:BTOC |
99.8% | $13.45 Million | $22.26K | USA | Mar 2026 |
| 11722 |
Hastings Technology Metals Ltd
AU:HAS |
99.8% |
AU$85.51 Million
≈ $60.50 Million |
AU$141.58K | Australia | Jun 2025 |
| 11723 |
Cohen & Company Inc
NYSE MKT:COHN |
99.8% | $100.15 Million | $166.00K | USA | Mar 2026 |
| 11724 |
Sejahtera Bintang Abadi Textile Tbk
JK:SBAT |
99.8% |
Rp147.53 Billion
≈ $8.64 Million |
Rp244.61 Million | Indonesia | Sep 2023 |
| 11725 |
Sono-Tek Corp
NASDAQ:SOTK |
99.8% | $19.13 Million | $31.79K | USA | Nov 2025 |
| 11726 |
Canaan Inc
NASDAQ:CAN |
99.8% | $381.94 Million | $636.02K | USA | Mar 2026 |
| 11727 |
Becamex Infrastructure Development JSC
VN:IJC |
99.8% |
₫8.01 Trillion
≈ $304.18 Million |
₫13.34 Billion | Vietnam | Dec 2025 |
| 11728 |
Dime Community Bancshares, Inc.
NYSE:DCOM |
99.8% | $1.52 Billion | $2.53 Million | USA | Jun 2026 |
| 11729 |
Venus Pipes & Tubes Limited
NSE:VENUSPIPES |
99.8% |
Rs6.08 Billion
≈ $65.78 Million |
Rs10.14 Million | India | Sep 2025 |
| 11730 |
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS
IS:ORMA |
99.8% |
TL5.55 Billion
≈ $124.29 Million |
TL9.26 Million | Turkey | Dec 2024 |
| 11731 |
Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd
SHG:600854 |
99.8% |
CN¥2.33 Billion
≈ $341.12 Million |
CN¥3.89 Million | China | Mar 2026 |
| 11732 |
Polwax SA
WAR:PWX |
99.8% |
zł43.69 Million
≈ $12.02 Million |
zł73.00K | Poland | Mar 2026 |
| 11733 |
Shindaeyang Pa
KO:016590 |
99.8% |
₩721.35 Billion
≈ $488.85 Million |
₩1.21 Billion | Korea | Sep 2025 |
| 11734 |
Sheng Yu Steel Co Ltd
TW:2029 |
99.8% |
NT$10.02 Billion
≈ $315.63 Million |
NT$16.76 Million | Taiwan | Jun 2025 |
| 11735 |
Li Cheng Enterprise Co Ltd
TW:4426 |
99.8% |
NT$1.97 Billion
≈ $62.04 Million |
NT$3.30 Million | Taiwan | Sep 2025 |
| 11736 |
Basso Industry Corp
TW:1527 |
99.8% |
NT$4.74 Billion
≈ $149.49 Million |
NT$7.99 Million | Taiwan | Sep 2025 |
| 11737 |
Grupo Gicsa S.A. de C.V
MX:GICSAB |
99.8% |
MX$36.87 Billion
≈ $2.12 Billion |
MX$62.13 Million | Mexico | Mar 2026 |
| 11738 |
Mao Bao Inc
TW:1732 |
99.8% |
NT$493.74 Million
≈ $15.56 Million |
NT$833.00K | Taiwan | Mar 2026 |
| 11739 |
G-Tech Optoelectronics Corp
TW:3149 |
99.8% |
NT$2.48 Billion
≈ $78.14 Million |
NT$4.20 Million | Taiwan | Mar 2026 |
| 11740 |
Pix Transmissions Limited
NSE:PIXTRANS |
99.8% |
Rs6.97 Billion
≈ $75.34 Million |
Rs11.79 Million | India | Mar 2026 |
| 11741 |
Plaza S.A
SN:MALLPLAZA |
99.8% |
CL$4.87 Trillion
≈ $5.45 Billion |
CL$8.26 Billion | Chile | Jun 2026 |
| 11742 |
Korea Line
KO:005880 |
99.8% |
₩2.60 Trillion
≈ $1.76 Billion |
₩4.42 Billion | Korea | Mar 2026 |
| 11743 |
Ozak Gayrimenkul Yatirim Ortakligi AS
IS:OZKGY |
99.8% |
TL63.22 Billion
≈ $1.42 Billion |
TL107.47 Million | Turkey | Sep 2025 |
| 11744 |
Emami Paper Mills Limited
NSE:EMAMIPAP |
99.8% |
Rs5.82 Billion
≈ $62.94 Million |
Rs9.90 Million | India | Sep 2025 |
| 11745 |
Thejo Engineering Limited
NSE:THEJO |
99.8% |
Rs3.46 Billion
≈ $37.37 Million |
Rs5.88 Million | India | Sep 2025 |
| 11746 |
Export Packing
KO:002200 |
99.8% |
₩288.23 Billion
≈ $195.33 Million |
₩490.88 Million | Korea | Sep 2025 |
| 11747 |
Century Extrusions Limited
NSE:CENTEXT |
99.8% |
Rs879.60 Million
≈ $9.51 Million |
Rs1.50 Million | India | Sep 2025 |
| 11748 |
Vittia Fertilizantes
SA:VITT3 |
99.8% |
R$617.38 Million
≈ $121.14 Million |
R$1.05 Million | Brazil | Sep 2025 |
| 11749 |
Taitien Electronics Co Ltd
TWO:8289 |
99.8% |
NT$1.56 Billion
≈ $49.23 Million |
NT$2.67 Million | Taiwan | Dec 2025 |
| 11750 |
Pondy Oxides & Chemicals Limited
NSE:POCL |
99.8% |
Rs6.87 Billion
≈ $74.26 Million |
Rs11.74 Million | India | Sep 2025 |
| 11751 |
PG Electroplast Limited
NSE:PGEL |
99.8% |
Rs30.49 Billion
≈ $329.69 Million |
Rs52.11 Million | India | Mar 2026 |
| 11752 |
Mazagon Dock Shipbuilders Limited
NSE:MAZDOCK |
99.8% |
Rs99.84 Billion
≈ $1.08 Billion |
Rs171.20 Million | India | Mar 2026 |
| 11753 |
Tande Co Ltd
SHG:600665 |
99.8% |
CN¥2.17 Billion
≈ $317.50 Million |
CN¥3.72 Million | China | Mar 2026 |
| 11754 |
Everland Public Company Limited
BK:EVER |
99.8% |
฿1.84 Billion
≈ $57.20 Million |
฿3.15 Million | Thailand | Sep 2025 |
| 11755 |
M&T Bank Corporation
NYSE:MTB |
99.8% | $27.95 Billion | $48.00 Million | USA | Jun 2026 |
| 11756 |
Wellcall Holdings Bhd
KLSE:7231 |
99.8% |
RM144.88 Million
≈ $36.38 Million |
RM249.00K | Malaysia | Mar 2026 |
| 11757 |
Ballarpur Industries Limited
NSE:BALLARPUR |
99.8% |
Rs4.07 Billion
≈ $43.97 Million |
Rs6.99 Million | India | Sep 2025 |
| 11758 |
IFirma SA
WAR:IFI |
99.8% |
zł16.82 Million
≈ $4.63 Million |
zł29.00K | Poland | Dec 2025 |
| 11759 |
Ability Enterprise Co Ltd
TW:2374 |
99.8% |
NT$9.22 Billion
≈ $290.35 Million |
NT$15.90 Million | Taiwan | Jun 2026 |
| 11760 |
Lien Hwa Industrial Corp
TW:1229 |
99.8% |
NT$78.54 Billion
≈ $2.47 Billion |
NT$135.94 Million | Taiwan | Dec 2025 |
| 11761 |
Powertech Technology Inc
TW:6239 |
99.8% |
NT$71.27 Billion
≈ $2.25 Billion |
NT$123.77 Million | Taiwan | Dec 2025 |
| 11762 |
Kindom Construction Corp
TW:2520 |
99.8% |
NT$28.50 Billion
≈ $897.81 Million |
NT$49.51 Million | Taiwan | Mar 2026 |
| 11763 |
Bangkok Union Insurance Public Co. Ltd.
BK:BUI |
99.8% |
฿1.19 Billion
≈ $37.16 Million |
฿2.07 Million | Thailand | Mar 2026 |
| 11764 |
Gemtek Technology Co Ltd
TW:4906 |
99.8% |
NT$11.71 Billion
≈ $368.87 Million |
NT$20.35 Million | Taiwan | Sep 2025 |
| 11765 |
Kinsale Capital Group Inc
NYSE:KNSL |
99.8% | $2.04 Billion | $3.54 Million | USA | Jun 2026 |
| 11766 |
Zinwell Corporation
TW:2485 |
99.8% |
NT$5.11 Billion
≈ $160.90 Million |
NT$8.88 Million | Taiwan | Sep 2025 |
| 11767 |
Richardson Electronics Ltd
NASDAQ:RELL |
99.8% | $163.70 Million | $285.00K | USA | May 2026 |
| 11768 |
Prime Securities Limited
NSE:PRIMESECU |
99.8% |
Rs2.30 Billion
≈ $24.84 Million |
Rs4.00 Million | India | Sep 2025 |
| 11769 |
Guangdong Advertising Co Ltd
SHE:002400 |
99.8% |
CN¥5.08 Billion
≈ $743.64 Million |
CN¥8.85 Million | China | Mar 2026 |
| 11770 |
MagnaChip Semiconductor
NYSE:MX |
99.8% | $226.53 Million | $395.00K | USA | Jun 2026 |
| 11771 |
Exicon Co. Ltd
KQ:092870 |
99.8% |
₩171.83 Billion
≈ $116.45 Million |
₩299.87 Million | Korea | Sep 2025 |
| 11772 |
Yida China Holdings Ltd
STU:YC2 |
99.8% |
€4.32 Billion
≈ $5.05 Billion |
€7.55 Million | Germany | Dec 2025 |
| 11773 |
Dong Hai JSC of Bentre
VN:DHC |
99.8% |
₫2.21 Trillion
≈ $84.01 Million |
₫3.87 Billion | Vietnam | Dec 2025 |
| 11774 |
Western Bulk Chartering AS
OL:WEST |
99.8% |
Nkr50.81 Million
≈ $5.35 Million |
Nkr89.00K | Norway | Dec 2025 |
| 11775 |
ENKA Insaat ve Sanayi AS
IS:ENKAI |
99.8% |
TL8.66 Billion
≈ $194.02 Million |
TL15.21 Million | Turkey | Sep 2025 |
| 11776 |
Lee Feed Mill Public Company Limited
BK:LEE |
99.8% |
฿2.69 Billion
≈ $83.90 Million |
฿4.73 Million | Thailand | Jun 2024 |
| 11777 |
Adgar Investments and Development Ltd
TA:ADGR |
99.8% |
ILA1.54 Billion
≈ $4.12 Million |
ILA2.70 Million | Israel | Sep 2025 |
| 11778 |
Maan Aluminium Limited
NSE:MAANALU |
99.8% |
Rs1.87 Billion
≈ $20.23 Million |
Rs3.30 Million | India | Sep 2025 |
| 11779 |
Loyal Textile Mills Limited
NSE:LOYALTEX |
99.8% |
Rs2.04 Billion
≈ $22.05 Million |
Rs3.60 Million | India | Mar 2026 |
| 11780 |
First Insurance Co Ltd
TW:2852 |
99.8% |
NT$9.41 Billion
≈ $296.54 Million |
NT$16.62 Million | Taiwan | Mar 2026 |
| 11781 |
51 CREDIT CARD DL-00001
F:2JY |
99.8% |
€649.30 Million
≈ $759.10 Million |
€1.15 Million | Germany | Dec 2025 |
| 11782 |
AMA Corp PLC
PA:ALAMA |
99.8% |
€1.70 Million
≈ $1.98 Million |
€3.00K | France | Jun 2025 |
| 11783 |
Park National Corporation
NYSE MKT:PRK |
99.8% | $1.35 Billion | $2.40 Million | USA | Dec 2025 |
| 11784 |
Clipan Finance Indonesia Tbk
JK:CFIN |
99.8% |
Rp5.70 Trillion
≈ $334.07 Million |
Rp10.10 Billion | Indonesia | Sep 2025 |
| 11785 |
Signet Industries Limited
NSE:SIGIND |
99.8% |
Rs2.36 Billion
≈ $25.56 Million |
Rs4.19 Million | India | Sep 2025 |
| 11786 |
Pegatron Corp
TW:4938 |
99.8% |
NT$228.15 Billion
≈ $7.19 Billion |
NT$405.24 Million | Taiwan | Sep 2025 |
| 11787 |
AfriTin Mining Ltd
LSE:ATM |
99.8% |
GBX25.51 Million
≈ $3.10K |
GBX45.37K | UK | Aug 2025 |
| 11788 |
ANDRADA MINING LTD.
F:9IA |
99.8% |
€25.51 Million
≈ $29.82 Million |
€45.37K | Germany | Aug 2025 |
| 11789 |
DEFAMA Deutsche Fachmarkt AG
XETRA:DEF |
99.8% |
€45.84 Million
≈ $53.59 Million |
€81.54K | Germany | Sep 2025 |
| 11790 |
Elite Advanced Laser Corp
TW:3450 |
99.8% |
NT$7.80 Billion
≈ $245.75 Million |
NT$13.89 Million | Taiwan | Mar 2026 |
| 11791 |
Taiwan Navigation Co Ltd
TW:2617 |
99.8% |
NT$16.98 Billion
≈ $534.95 Million |
NT$30.24 Million | Taiwan | Sep 2025 |
| 11792 |
Shanghai Action Education Technology CO.LTD.
SHG:605098 |
99.8% |
CN¥1.01 Billion
≈ $147.07 Million |
CN¥1.79 Million | China | Jun 2025 |
| 11793 |
Rothwell International Co. Limited
KQ:900260 |
99.8% |
₩257.67 Billion
≈ $174.62 Million |
₩459.88 Million | Korea | Sep 2025 |
| 11794 |
Pan Ocean Co Ltd
KO:028670 |
99.8% |
₩6.06 Trillion
≈ $4.11 Billion |
₩10.83 Billion | Korea | Mar 2026 |
| 11795 |
Aneka Tambang (Persero) TBK (PT)
AU:ATM |
99.8% |
AU$40.54 Trillion
≈ $28.68 Trillion |
AU$72.52 Billion | Australia | Mar 2026 |
| 11796 |
Speciality Restaurants Limited
NSE:SPECIALITY |
99.8% |
Rs3.59 Billion
≈ $38.77 Million |
Rs6.42 Million | India | Mar 2026 |
| 11797 |
Industrias Peñoles S.A.B. de C.V
MX:PE&OLES |
99.8% |
MX$8.63 Billion
≈ $496.79 Million |
MX$15.47 Million | Mexico | Jun 2026 |
| 11798 |
Gemfields Group Limited
F:5PH |
99.8% |
€382.34 Million
≈ $446.99 Million |
€686.00K | Germany | Dec 2025 |
| 11799 |
Orzel Bialy S.A.
WAR:OBL |
99.8% |
zł741.06 Million
≈ $203.95 Million |
zł1.33 Million | Poland | Mar 2026 |
| 11800 |
New Oriental Education & Technology
NYSE:EDU |
99.8% | $4.32 Billion | $7.77 Million | USA | May 2026 |