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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
12101 Ulta Beauty Inc
NASDAQ:ULTA 		99.8% $2.63 Billion $6.09 Million USA Oct 2025
12102 P.C.S. Machine Group Holding Public Company Limited
BK:PCSGH 		99.8% ฿5.04 Billion
≈ $157.10 Million 		฿11.66 Million Thailand Dec 2025
12103 Globus Spirits Limited
NSE:GLOBUSSPR 		99.8% Rs10.89 Billion
≈ $117.80 Million 		Rs25.23 Million India Mar 2026
12104 TAEYANG Corporation
KQ:053620 		99.8% ₩199.68 Billion
≈ $135.32 Million 		₩463.19 Million Korea Mar 2026
12105 Chenming Mold Industrial Corp
TW:3013 		99.8% NT$4.75 Billion
≈ $149.75 Million 		NT$11.04 Million Taiwan Sep 2025
12106 Karoon Energy Ltd
AU:KAR 		99.8% AU$1.03 Billion
≈ $731.05 Million 		AU$2.40 Million Australia Dec 2025
12107 Himax Technologies Inc
NASDAQ:HIMX 		99.8% $922.96 Million $2.15 Million USA Mar 2026
12108 William Penn Bancorp Inc
NASDAQ:WMPN 		99.8% $124.20 Million $289.00K USA Dec 2024
12109 Billion Electric Co Ltd
TW:3027 		99.8% NT$2.29 Billion
≈ $72.26 Million 		NT$5.34 Million Taiwan Mar 2026
12110 K2A Knaust & Andersson Fastigheter AB (publ)
ST:K2A-B 		99.8% Skr1.85 Billion
≈ $198.86 Million 		Skr4.30 Million Sweden Mar 2026
12111 Goodfellow Inc.
TO:GDL 		99.8% CA$207.08 Million
≈ $149.80 Million 		CA$483.00K Canada Aug 2025
12112 4Imprint Group Plc
LSE:FOUR 		99.8% GBX128.60 Million
≈ $15.65K 		GBX300.00K UK Jun 2025
12113 Onelife Capital Advisors Limited
NSE:ONELIFECAP 		99.8% Rs735.35 Million
≈ $7.95 Million 		Rs1.72 Million India Mar 2026
12114 West Pharmaceutical Services Inc
NYSE:WST 		99.8% $2.99 Billion $7.00 Million USA Mar 2026
12115 Indomobil Multi Jasa Tbk
JK:IMJS 		99.8% Rp5.54 Trillion
≈ $324.88 Million 		Rp13.00 Billion Indonesia Jun 2026
12116 Kwang Jin Ind. Co. Ltd
KQ:026910 		99.8% ₩19.04 Billion
≈ $12.91 Million 		₩44.66 Million Korea Mar 2026
12117 Bien Yapi Urunleri Sanayi Turizm ve Ticaret A.S.
IS:BIENY 		99.8% TL13.84 Billion
≈ $310.04 Million 		TL32.49 Million Turkey Mar 2026
12118 San Far Property Ltd
TW:9946 		99.8% NT$6.73 Billion
≈ $212.13 Million 		NT$15.81 Million Taiwan Dec 2025
12119 Hangzhou Binjiang Real Estate Group Co Ltd
SHE:002244 		99.8% CN¥52.77 Billion
≈ $7.72 Billion 		CN¥123.97 Million China Mar 2026
12120 Sound Group Inc.
NASDAQ:SOGP 		99.8% $374.30 Million $879.56K USA Dec 2025
12121 WeRide Inc. American Depositary Shares
NASDAQ:WRD 		99.8% $7.11 Billion $16.74 Million USA Mar 2026
12122 Trisul S.A
SA:TRIS3 		99.8% R$1.62 Billion
≈ $317.08 Million 		R$3.81 Million Brazil Sep 2025
12123 ENPlus Co Ltd
KO:074610 		99.8% ₩19.89 Billion
≈ $13.48 Million 		₩46.95 Million Korea Sep 2025
12124 Enviro Infra Engineers Ltd
NSE:EIEL 		99.8% Rs11.39 Billion
≈ $123.19 Million 		Rs26.90 Million India Sep 2025
12125 Manomay Tex India Limited
NSE:MANOMAY 		99.8% Rs1.71 Billion
≈ $18.52 Million 		Rs4.05 Million India Mar 2026
12126 Japfa Comfeed Indonesia Tbk
JK:JPFA 		99.8% Rp17.07 Trillion
≈ $1.00 Billion 		Rp40.34 Billion Indonesia Jun 2025
12127 Meihua International Medical Technologies Co. Ltd.
NASDAQ:MHUAF 		99.8% $188.93 Million $446.50K USA Mar 2026
12128 Mosel Vitelic Inc
TW:2342 		99.8% NT$2.39 Billion
≈ $75.31 Million 		NT$5.65 Million Taiwan Sep 2025
12129 NETUM GROUP OYJ
F:79J 		99.8% €10.98 Million
≈ $12.84 Million 		€26.00K Germany Jun 2025
12130 Kardan Israel Ltd
TA:KRDI 		99.8% ILA936.30 Million
≈ $2.51 Million 		ILA2.22 Million Israel Mar 2026
12131 Taj GVK Hotels & Resorts Limited
NSE:TAJGVK 		99.8% Rs14.19 Billion
≈ $153.50 Million 		Rs33.70 Million India Mar 2026
12132 Zhejiang Huace Film TV Co
SHE:300133 		99.8% CN¥7.54 Billion
≈ $1.10 Billion 		CN¥17.95 Million China Mar 2026
12133 Eurocharm Holdings Co Ltd
TW:5288 		99.8% NT$6.36 Billion
≈ $200.37 Million 		NT$15.14 Million Taiwan Jun 2026
12134 CSH Alliance Bhd
KLSE:7165 		99.8% RM381.20 Million
≈ $95.71 Million 		RM908.00K Malaysia Mar 2026
12135 Buana Finance Tbk
JK:BBLD 		99.8% Rp1.42 Trillion
≈ $83.07 Million 		Rp3.38 Billion Indonesia Sep 2025
12136 Navin Fluorine International Limited
NSE:NAVINFLUOR 		99.8% Rs39.75 Billion
≈ $429.84 Million 		Rs94.70 Million India Mar 2026
12137 Donga Geologic
KO:028100 		99.8% ₩225.87 Billion
≈ $153.07 Million 		₩538.66 Million Korea Mar 2026
12138 S&W Corporation
KQ:103230 		99.8% ₩53.60 Billion
≈ $36.33 Million 		₩127.93 Million Korea Mar 2026
12139 Burcelik Vana Sanayi ve Ticaret AS
IS:BURVA 		99.8% TL6.31 Million
≈ $141.25K 		TL15.07K Turkey Dec 2019
12140 Duluth Holdings Inc
NASDAQ:DLTH 		99.8% $166.12 Million $397.00K USA Jan 2026
12141 People & Technology Inc
KQ:137400 		99.8% ₩646.69 Billion
≈ $438.25 Million 		₩1.55 Billion Korea Sep 2025
12142 Power Mech Projects Limited
NSE:POWERMECH 		99.8% Rs24.38 Billion
≈ $263.68 Million 		Rs58.50 Million India Dec 2025
12143 Vishal Mega Mart Ord Shs
NSE:VMM 		99.8% Rs74.13 Billion
≈ $801.72 Million 		Rs177.94 Million India Mar 2026
12144 SundayToz Corp
KQ:123420 		99.8% ₩283.15 Billion
≈ $191.89 Million 		₩680.12 Million Korea Mar 2026
12145 Semen Baturaja Persero Tbk
JK:SMBR 		99.8% Rp3.43 Trillion
≈ $200.98 Million 		Rp8.27 Billion Indonesia Mar 2026
12146 Kuk-Il Paper Mfg Co.Ltd
KQ:078130 		99.8% ₩119.64 Billion
≈ $81.08 Million 		₩288.43 Million Korea Mar 2026
12147 CIE Automotive India Limited
NSE:CIEINDIA 		99.8% Rs77.44 Billion
≈ $837.47 Million 		Rs187.03 Million India Jun 2026
12148 Suzhou Industrial Park Heshun Electric Co Ltd
SHE:300141 		99.8% CN¥630.82 Million
≈ $92.31 Million 		CN¥1.52 Million China Mar 2026
12149 Jay Mart Public Company Limited
BK:JMART 		99.8% ฿32.72 Billion
≈ $1.02 Billion 		฿79.20 Million Thailand Dec 2025
12150 BitNine Co. Ltd.
KQ:357880 		99.8% ₩19.48 Billion
≈ $13.20 Million 		₩47.25 Million Korea Mar 2026
12151 Growthpoint Properties Australia
AU:GOZ 		99.8% AU$2.35 Billion
≈ $1.66 Billion 		AU$5.70 Million Australia Dec 2025
12152 Handok Clean Tech Co. Ltd
KQ:256150 		99.8% ₩57.03 Billion
≈ $38.65 Million 		₩138.39 Million Korea Mar 2026
12153 Siamgas and Petrochemicals Public Company Limited
BK:SGP 		99.8% ฿15.36 Billion
≈ $478.74 Million 		฿37.30 Million Thailand Sep 2025
12154 Profound Medical Corp
TO:PRN 		99.8% CA$49.73 Million
≈ $35.97 Million 		CA$120.80K Canada Jun 2026
12155 Luxin Venture Capital Group Co Ltd
SHG:600783 		99.8% CN¥4.78 Billion
≈ $699.87 Million 		CN¥11.62 Million China Sep 2025
12156 Bank Ganesha Tbk PT
JK:BGTG 		99.8% Rp3.73 Trillion
≈ $218.54 Million 		Rp9.07 Billion Indonesia Mar 2026
12157 Fuller Smith & Turner
LSE:FSTA 		99.8% GBX410.40 Million
≈ $49.93K 		GBX1.00 Million UK Mar 2026
12158 P&K Skin Research Center Co. Ltd
KQ:347740 		99.8% ₩81.39 Billion
≈ $55.16 Million 		₩198.35 Million Korea Sep 2025
12159 Linc Limited
NSE:LINC 		99.8% Rs2.42 Billion
≈ $26.20 Million 		Rs5.91 Million India Sep 2025
12160 Shinih Enterprise Co Ltd
TW:9944 		99.8% NT$3.53 Billion
≈ $111.19 Million 		NT$8.60 Million Taiwan Mar 2026
12161 M.K. Real Estate Development Public Company Limited
BK:MK 		99.8% ฿4.92 Billion
≈ $153.31 Million 		฿12.00 Million Thailand Dec 2025
12162 Aneka Tambang Persero Tbk
JK:ANTM 		99.8% Rp33.71 Trillion
≈ $1.98 Billion 		Rp82.27 Billion Indonesia Jun 2025
12163 Terrestrial Energy Inc
NASDAQ:IMSR 		99.8% $281.65 Million $688.00K USA Jun 2026
12164 Atmos Energy Corporation
NYSE:ATO 		99.8% $28.82 Billion $70.43 Million USA Mar 2026
12165 Daesung Finetec Co.Ltd
KQ:104040 		99.8% ₩114.80 Billion
≈ $77.80 Million 		₩280.75 Million Korea Sep 2025
12166 JOSAPAR Joaquim Oliveira S.A. Participações
SA:JOPA3 		99.8% R$766.97 Million
≈ $150.49 Million 		R$1.88 Million Brazil Dec 2025
12167 Wilton Makmur Indonesia Tbk
JK:SQMI 		99.8% Rp98.61 Billion
≈ $5.78 Million 		Rp241.52 Million Indonesia Mar 2026
12168 Siamgas and Petrochemicals Public Company Limited
BK:SGP-R 		99.8% ฿15.78 Billion
≈ $491.72 Million 		฿38.73 Million Thailand Jun 2025
12169 Zaklady Przemyslu Cukierniczego Otmuchow S.A.
WAR:OTM 		99.8% zł145.63 Million
≈ $40.08 Million 		zł358.00K Poland Mar 2026
12170 Muhak Co. Ltd
KO:033920 		99.8% ₩602.01 Billion
≈ $407.97 Million 		₩1.48 Billion Korea Sep 2025
12171 Dottikon Es Holding AG
SW:DESN 		99.8% CHF1.04 Billion
≈ $1.31 Billion 		CHF2.56 Million Switzerland Sep 2025
12172 Guaranty Bancshares, Inc.
NYSE:GNTY 		99.8% $331.81 Million $819.00K USA Jun 2025
12173 Gezinomi Seyahat Turizm Ticaret AS
IS:GZNMI 		99.8% TL1.23 Billion
≈ $27.47 Million 		TL3.03 Million Turkey Jun 2025
12174 Tongyang
KO:001520 		99.8% ₩764.31 Billion
≈ $517.96 Million 		₩1.89 Billion Korea Mar 2026
12175 Tongyang Inc
KO:001527 		99.8% ₩764.31 Billion
≈ $517.96 Million 		₩1.89 Billion Korea Mar 2026
12176 Bisalloy Steel Group Ltd
AU:BIS 		99.8% AU$78.38 Million
≈ $55.46 Million 		AU$194.00K Australia Dec 2025
12177 LCY Technology Corp
TW:4989 		99.8% NT$1.49 Billion
≈ $46.94 Million 		NT$3.69 Million Taiwan Sep 2025
12178 Kishin Corporation
KO:092440 		99.8% ₩244.18 Billion
≈ $165.48 Million 		₩605.08 Million Korea Sep 2025
12179 TME Pharma N.V.
PA:ALTME 		99.8% €1.61 Million
≈ $1.89 Million 		€4.00K France Dec 2024
12180 SHENWAN HONGYUAN GR.H YC1
F:2X2A 		99.8% €143.46 Billion
≈ $167.72 Billion 		€355.58 Million Germany Mar 2026
12181 Arecor Therapeutics PLC
LSE:AREC 		99.8% GBX6.45 Million
≈ $785.27 		GBX16.00K UK Dec 2025
12182 Lampsa Hellenic Hotels S.A
AT:LAMPS 		99.8% €129.05 Million
≈ $150.87 Million 		€320.00K Greece Dec 2024
12183 Mondi Turkey Oluklui Mukavva Kagit ve Ambalaj Sanayi A.S.
IS:MNDTR 		99.8% Annual TL2.00 Billion
≈ $44.70 Million 		TL4.95 Million Turkey Dec 2022
12184 L&K Engineering Suzhou Co Ltd
SHG:603929 		99.8% CN¥2.40 Billion
≈ $351.48 Million 		CN¥5.97 Million China Jun 2026
12185 Litigation Capital Management Limited
LSE:LIT 		99.8% GBX181.80 Million
≈ $22.12K 		GBX453.00K UK Dec 2024
12186 Cosmos Group Co Ltd
SHE:002133 		99.8% CN¥3.10 Billion
≈ $454.15 Million 		CN¥7.74 Million China Mar 2026
12187 Ningbo United Group Co Ltd
SHG:600051 		99.8% CN¥3.71 Billion
≈ $543.40 Million 		CN¥9.28 Million China Mar 2026
12188 Navient Corp
NASDAQ:NAVI 		99.7% $2.40 Billion $6.00 Million USA Dec 2025
12189 ATRenew Inc DRC
NYSE:RERE 		99.7% $3.93 Billion $9.84 Million USA Mar 2026
12190 LABOCANNA S.A. ZY-10
F:9Y2 		99.7% €6.05 Million
≈ $7.07 Million 		€15.14K Germany Dec 2025
12191 Coil S.A./N.V
PA:ALCOI 		99.7% €14.77 Million
≈ $17.27 Million 		€37.00K France Dec 2025
12192 iQIYI Inc
NASDAQ:IQ 		99.7% $13.02 Billion $32.70 Million USA Mar 2026
12193 MESB Bhd
KLSE:7234 		99.7% RM240.90 Million
≈ $60.48 Million 		RM605.00K Malaysia Mar 2026
12194 Pegasystems Inc
NASDAQ:PEGA 		99.7% $560.38 Million $1.41 Million USA Jun 2026
12195 Oyak Yatirim Menkul Degerler AS
IS:OYYAT 		99.7% TL9.74 Billion
≈ $218.11 Million 		TL24.50 Million Turkey Sep 2025
12196 Eifelhöhen-Klinik AG
F:EIF 		99.7% €12.61 Million
≈ $14.74 Million 		€31.75K Germany Dec 2024
12197 Stylam Industries Limited
NSE:STYLAMIND 		99.7% Rs7.23 Billion
≈ $78.19 Million 		Rs18.21 Million India Sep 2025
12198 Goknur Gida Maddeleri Enerji Imalati Ithalat Ihracat Ticaret ve Sanayi A.S.
IS:GOKNR 		99.7% TL6.57 Billion
≈ $147.24 Million 		TL16.56 Million Turkey Sep 2024
12199 HCI Group Inc
NYSE:HCI 		99.7% $886.90 Million $2.23 Million USA Mar 2026
12200 YIT Oyj
HE:YIT 		99.7% €794.00 Million
≈ $928.27 Million 		€2.00 Million Finland Jun 2025