Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
99.7%
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 |
|---|---|---|---|---|---|---|
| 12201 |
Compagnie de l'Odet
PA:ODET |
99.7% |
€21.09 Billion
≈ $24.66 Billion |
€53.20 Million | France | Dec 2025 |
| 12202 |
Gourmet Master Co Ltd
TW:2723 |
99.7% |
NT$9.51 Billion
≈ $299.71 Million |
NT$24.05 Million | Taiwan | Sep 2025 |
| 12203 |
Blue Coast Hotels Limited
NSE:BLUECOAST |
99.7% |
Rs2.09 Billion
≈ $22.55 Million |
Rs5.27 Million | India | Mar 2018 |
| 12204 |
Lument Finance Trust Inc
NYSE:LFT |
99.7% | $219.09 Million | $554.25K | USA | Dec 2025 |
| 12205 |
Wangsu Science Tech
SHE:300017 |
99.7% |
CN¥10.55 Billion
≈ $1.54 Billion |
CN¥26.73 Million | China | Mar 2026 |
| 12206 |
Intops Co. Ltd
KQ:049070 |
99.7% |
₩736.35 Billion
≈ $499.02 Million |
₩1.87 Billion | Korea | Sep 2025 |
| 12207 |
Tonlin Department Store Co Ltd
TW:2910 |
99.7% |
NT$2.71 Billion
≈ $85.36 Million |
NT$6.88 Million | Taiwan | Sep 2025 |
| 12208 |
SEALSQ Corp
NASDAQ:LAES |
99.7% | $118.13 Million | $300.00K | USA | Jun 2025 |
| 12209 |
Linde India Limited
NSE:LINDEINDIA |
99.7% |
Rs42.67 Billion
≈ $461.41 Million |
Rs108.50 Million | India | Mar 2026 |
| 12210 |
Page Industries Limited
NSE:PAGEIND |
99.7% |
Rs14.09 Billion
≈ $152.39 Million |
Rs35.89 Million | India | Sep 2025 |
| 12211 |
Ballard Power Systems Inc
TO:BLDP |
99.7% |
CA$606.82 Million
≈ $438.97 Million |
CA$1.55 Million | Canada | Sep 2025 |
| 12212 |
ORIENT SECUR.CO.LTD.H YC1
F:OS9 |
99.7% |
€84.83 Billion
≈ $99.17 Billion |
€216.54 Million | Germany | Mar 2026 |
| 12213 |
Orient Sec Co Ltd
SHG:600958 |
99.7% |
CN¥84.83 Billion
≈ $12.41 Billion |
CN¥216.54 Million | China | Mar 2026 |
| 12214 |
LEENO Industrial Inc
KQ:058470 |
99.7% |
₩731.22 Billion
≈ $495.54 Million |
₩1.87 Billion | Korea | Dec 2025 |
| 12215 |
Greentown China Holdings Limited
F:G7C |
99.7% |
€105.71 Billion
≈ $123.59 Billion |
€270.22 Million | Germany | Dec 2025 |
| 12216 |
BRASI.CIA BRAS.D.PROP.ADR
F:52BA |
99.7% |
€2.04 Billion
≈ $2.39 Billion |
€5.22 Million | Germany | Mar 2026 |
| 12217 |
Brasilagro Adr
NYSE:LND |
99.7% | $2.04 Billion | $5.22 Million | USA | Mar 2026 |
| 12218 |
Chang Type Industrial Co Ltd
TW:1541 |
99.7% |
NT$2.02 Billion
≈ $63.74 Million |
NT$5.18 Million | Taiwan | Sep 2025 |
| 12219 |
Euro Trend Yatirim Ortakligi AS
IS:ETYAT |
99.7% |
TL66.92 Million
≈ $1.50 Million |
TL171.25K | Turkey | Dec 2025 |
| 12220 |
China Ecotek Corp
TW:1535 |
99.7% |
NT$3.82 Billion
≈ $120.42 Million |
NT$9.78 Million | Taiwan | Dec 2025 |
| 12221 |
Korean Drug Co. Ltd
KQ:014570 |
99.7% |
₩82.31 Billion
≈ $55.78 Million |
₩210.70 Million | Korea | Mar 2026 |
| 12222 |
Cumberland Pharmaceuticals Inc
NASDAQ:CPIX |
99.7% | $17.11 Million | $43.80K | USA | Jun 2026 |
| 12223 |
Generac Holdings Inc
NYSE:GNRC |
99.7% | $2.88 Billion | $7.38 Million | USA | Jun 2026 |
| 12224 |
Carpenter Technology Corporation
NYSE:CRS |
99.7% | $2.07 Billion | $5.30 Million | USA | Mar 2026 |
| 12225 |
MSP Steel & Power Limited
NSE:MSPL |
99.7% |
Rs10.30 Billion
≈ $111.44 Million |
Rs26.46 Million | India | Mar 2026 |
| 12226 |
Gateway Distriparks Limited
NSE:GATEWAY |
99.7% |
Rs25.46 Billion
≈ $275.37 Million |
Rs65.44 Million | India | Mar 2026 |
| 12227 |
Companhia de Fiacao e Tecidos Cedro Cachoeira
SA:CEDO3 |
99.7% |
R$290.83 Million
≈ $57.07 Million |
R$749.00K | Brazil | Sep 2025 |
| 12228 |
Hubei Mailyard Share Co Ltd
SHG:600107 |
99.7% |
CN¥430.67 Million
≈ $63.02 Million |
CN¥1.11 Million | China | Mar 2026 |
| 12229 |
Test Research Inc
TW:3030 |
99.7% |
NT$10.46 Billion
≈ $329.61 Million |
NT$26.97 Million | Taiwan | Mar 2026 |
| 12230 |
Interflex Co. Ltd
KQ:051370 |
99.7% |
₩298.60 Billion
≈ $202.35 Million |
₩770.25 Million | Korea | Sep 2025 |
| 12231 |
Phillips Edison & Co Inc
NASDAQ:PECO |
99.7% | $2.59 Billion | $6.70 Million | USA | Dec 2025 |
| 12232 |
InnoDisk
TWO:5289 |
99.7% |
NT$14.69 Billion
≈ $462.71 Million |
NT$38.03 Million | Taiwan | Mar 2026 |
| 12233 |
Fulgent Sun International Holding Co Ltd
TW:9802 |
99.7% |
NT$13.58 Billion
≈ $427.75 Million |
NT$35.17 Million | Taiwan | Mar 2026 |
| 12234 |
Prochem S.A.
WAR:PRM |
99.7% |
zł25.09 Million
≈ $6.90 Million |
zł65.00K | Poland | Mar 2026 |
| 12235 |
Emerging Display Technologies Corp
TW:3038 |
99.7% |
NT$2.62 Billion
≈ $82.54 Million |
NT$6.79 Million | Taiwan | Dec 2025 |
| 12236 |
Reliance Chemotex Industries Limited
NSE:RELCHEMQ |
99.7% |
Rs1.43 Billion
≈ $15.44 Million |
Rs3.70 Million | India | Mar 2026 |
| 12237 |
Alkim Alkali Kimya AS
IS:ALKIM |
99.7% |
TL4.64 Billion
≈ $103.89 Million |
TL12.04 Million | Turkey | Sep 2025 |
| 12238 |
Shurgard Self Storage SA
BR:SHUR |
99.7% |
€4.53 Billion
≈ $5.29 Billion |
€11.76 Million | Belgium | Dec 2025 |
| 12239 |
Tong Hua Holding Public Company Limited
BK:TH |
99.7% |
฿1.71 Billion
≈ $53.33 Million |
฿4.45 Million | Thailand | Mar 2026 |
| 12240 |
Nyrada Inc
AU:NYR |
99.7% |
AU$9.84 Million
≈ $6.97 Million |
AU$25.60K | Australia | Dec 2025 |
| 12241 |
ISE Commerce Company Limited
KQ:069920 |
99.7% |
₩37.84 Billion
≈ $25.64 Million |
₩98.46 Million | Korea | Mar 2026 |
| 12242 |
Taaleri Oyj
HE:TAALA |
99.7% |
€218.16 Million
≈ $255.05 Million |
€568.00K | Finland | Sep 2025 |
| 12243 |
Biokarpet S.A.
AT:BIOKA |
99.7% |
€44.53 Million
≈ $52.07 Million |
€115.97K | Greece | Dec 2022 |
| 12244 |
Hanshin Const
KO:004960 |
99.7% |
₩852.90 Billion
≈ $578.00 Million |
₩2.22 Billion | Korea | Mar 2026 |
| 12245 |
Thye Ming Industrial Co Ltd
TW:9927 |
99.7% |
NT$5.37 Billion
≈ $169.07 Million |
NT$13.98 Million | Taiwan | Sep 2025 |
| 12246 |
PolEnergia S.A.
WAR:PEP |
99.7% |
zł4.46 Billion
≈ $1.23 Billion |
zł11.62 Million | Poland | Mar 2026 |
| 12247 |
Chengdu Fusen Noble-House Industrial Co Ltd
SHE:002818 |
99.7% |
CN¥6.51 Billion
≈ $952.51 Million |
CN¥16.98 Million | China | Mar 2026 |
| 12248 |
Newgen Software Technologies Limited
NSE:NEWGEN |
99.7% |
Rs17.77 Billion
≈ $192.21 Million |
Rs46.37 Million | India | Mar 2026 |
| 12249 |
Shanghai Lingang Holdings Co Ltd A
SHG:600848 |
99.7% |
CN¥29.09 Billion
≈ $4.26 Billion |
CN¥76.02 Million | China | Mar 2026 |
| 12250 |
Shanghai Lingang Holdings Co Ltd B
SHG:900928 |
99.7% | $29.09 Billion | $76.02 Million | China | Mar 2026 |
| 12251 |
Seyitler Kimya Sanayi AS
IS:SEYKM |
99.7% |
TL472.15 Million
≈ $10.57 Million |
TL1.24 Million | Turkey | Sep 2025 |
| 12252 |
AS Merko Ehitus
F:MKS |
99.7% |
€264.74 Million
≈ $309.51 Million |
€693.00K | Germany | Mar 2026 |
| 12253 |
One 97 Communications Limited
NSE:PAYTM |
99.7% |
Rs160.28 Billion
≈ $1.73 Billion |
Rs420.00 Million | India | Mar 2026 |
| 12254 |
Dalian Zeus Entertainment
SHE:002354 |
99.7% |
CN¥1.33 Billion
≈ $194.18 Million |
CN¥3.48 Million | China | Sep 2025 |
| 12255 |
Chengdu RML Technology Co. Ltd.
SHE:301050 |
99.7% |
CN¥3.08 Billion
≈ $450.01 Million |
CN¥8.08 Million | China | Jun 2025 |
| 12256 |
First Foundation Inc.
NYSE:FFWM |
99.7% | $912.59 Million | $2.40 Million | USA | Dec 2025 |
| 12257 |
VNDIRECT Securities Corp
VN:VND |
99.7% |
₫21.43 Trillion
≈ $814.29 Million |
₫56.46 Billion | Vietnam | Jun 2026 |
| 12258 |
Msscorps Co Ltd
TW:6830 |
99.7% |
NT$3.04 Billion
≈ $95.80 Million |
NT$8.01 Million | Taiwan | Dec 2025 |
| 12259 |
S.Y.PANEL Co Ltd
KQ:109610 |
99.7% |
₩248.38 Billion
≈ $168.32 Million |
₩654.57 Million | Korea | Sep 2025 |
| 12260 |
Chant Sincere Co Ltd
TW:6205 |
99.7% |
NT$2.61 Billion
≈ $82.17 Million |
NT$6.88 Million | Taiwan | Dec 2025 |
| 12261 |
Zenith Steel Pipes & Industries Limited
NSE:ZENITHSTL |
99.7% |
Rs490.38 Million
≈ $5.30 Million |
Rs1.29 Million | India | Mar 2014 |
| 12262 |
Pragma Inkaso S.A.
WAR:PRI |
99.7% |
zł19.97 Million
≈ $5.50 Million |
zł52.68K | Poland | Sep 2025 |
| 12263 |
Shopify Inc
NYSE:SHOP |
99.7% | $12.50 Billion | $32.97 Million | USA | Sep 2025 |
| 12264 |
Pinnacle Financial Partners, Inc.
NASDAQ:PNFP |
99.7% | $6.86 Billion | $18.11 Million | USA | Sep 2025 |
| 12265 |
Sumit Woods Limited
NSE:SUMIT |
99.7% |
Rs2.16 Billion
≈ $23.39 Million |
Rs5.71 Million | India | Mar 2026 |
| 12266 |
Shinkong Synthetic Fiber Corp
TW:1409 |
99.7% |
NT$51.03 Billion
≈ $1.61 Billion |
NT$134.78 Million | Taiwan | Sep 2025 |
| 12267 |
Wuhan Citms Technology Co Ltd
SHG:688038 |
99.7% |
CN¥597.62 Million
≈ $87.45 Million |
CN¥1.58 Million | China | Jun 2025 |
| 12268 |
Beijing Seeyon Internet Software Cp
SHG:688369 |
99.7% |
CN¥768.44 Million
≈ $112.45 Million |
CN¥2.03 Million | China | Mar 2026 |
| 12269 |
Everbright Securities Co Ltd
SHG:601788 |
99.7% |
CN¥76.08 Billion
≈ $11.13 Billion |
CN¥201.39 Million | China | Mar 2026 |
| 12270 |
Shinkong Insurance Co Ltd
TW:2850 |
99.7% |
NT$19.58 Billion
≈ $616.83 Million |
NT$51.85 Million | Taiwan | Sep 2025 |
| 12271 |
Fortune Oriental Co Ltd
TW:2491 |
99.7% |
NT$1.45 Billion
≈ $45.70 Million |
NT$3.85 Million | Taiwan | Mar 2026 |
| 12272 |
JM Financial Limited
NSE:JMFINANCIL |
99.7% |
Rs109.12 Billion
≈ $1.18 Billion |
Rs290.60 Million | India | Sep 2025 |
| 12273 |
Refrigeration Electrical Engineering Corp
VN:REE |
99.7% |
₫25.68 Trillion
≈ $975.57 Million |
₫68.39 Billion | Vietnam | Jun 2026 |
| 12274 |
The Ensign Group Inc
NASDAQ:ENSG |
99.7% | $2.37 Billion | $6.32 Million | USA | Mar 2026 |
| 12275 |
Shannon Semiconductor Technology Co Ltd
SHE:300475 |
99.7% |
CN¥5.12 Billion
≈ $748.49 Million |
CN¥13.65 Million | China | Mar 2026 |
| 12276 |
Arima Communications Corp
TW:8101 |
99.7% |
NT$276.22 Million
≈ $8.70 Million |
NT$738.00K | Taiwan | Sep 2025 |
| 12277 |
Spuntech
TA:SPNTC |
99.7% |
ILA271.40 Million
≈ $727.61K |
ILA726.00K | Israel | Sep 2025 |
| 12278 |
Ewon Comfortech Co. Ltd
KQ:088290 |
99.7% |
₩10.70 Billion
≈ $7.25 Million |
₩28.63 Million | Korea | Sep 2025 |
| 12279 |
DeFi Technologies Inc.
NASDAQ:DEFT |
99.7% | $149.55 Million | $400.21K | USA | Jun 2026 |
| 12280 |
Cuckoo Electronics Co Ltd
KO:192400 |
99.7% |
₩1.32 Trillion
≈ $895.42 Million |
₩3.54 Billion | Korea | Dec 2025 |
| 12281 |
Leishen Energy Holding Co., Ltd. Ordinary Shares
NASDAQ:LSE |
99.7% | $45.46 Million | $121.77K | USA | Dec 2025 |
| 12282 |
Banka BioLoo Limited
NSE:BANKA |
99.7% |
Rs306.90 Million
≈ $3.32 Million |
Rs823.00K | India | Sep 2025 |
| 12283 |
Champion Iron Ltd
TO:CIA |
99.7% |
CA$1.51 Billion
≈ $1.09 Billion |
CA$4.05 Million | Canada | Dec 2025 |
| 12284 |
Mida Assets Public Company Limited
BK:MIDA |
99.7% |
฿4.33 Billion
≈ $134.91 Million |
฿11.61 Million | Thailand | Sep 2025 |
| 12285 |
Stx Heavy Indu
KO:071970 |
99.7% |
₩375.67 Billion
≈ $254.58 Million |
₩1.01 Billion | Korea | Sep 2025 |
| 12286 |
Ladangbaja Murni PT Tbk
JK:LABA |
99.7% |
Rp60.97 Billion
≈ $3.57 Million |
Rp163.72 Million | Indonesia | Jun 2025 |
| 12287 |
TriCo Bancshares
NASDAQ:TCBK |
99.7% | $1.34 Billion | $3.61 Million | USA | Jun 2026 |
| 12288 |
Meihua International Medical Technologies Co Ltd
NASDAQ:MHUA |
99.7% | $164.95 Million | $443.65K | USA | Jun 2025 |
| 12289 |
Uniform Industrial Corp
TW:2482 |
99.7% |
NT$1.07 Billion
≈ $33.59 Million |
NT$2.87 Million | Taiwan | Mar 2026 |
| 12290 |
NRB Bearing Limited
NSE:NRBBEARING |
99.7% |
Rs9.83 Billion
≈ $106.31 Million |
Rs26.50 Million | India | Mar 2026 |
| 12291 |
Dharma Satya Nusantara Ptdsn
JK:DSNG |
99.7% |
Rp12.13 Trillion
≈ $710.87 Million |
Rp32.73 Billion | Indonesia | Jun 2026 |
| 12292 |
Consti Yhtiot Oy
HE:CONSTI |
99.7% |
€45.19 Million
≈ $52.83 Million |
€122.00K | Finland | Dec 2025 |
| 12293 |
Sunrise New Energy Co. Ltd
NASDAQ:EPOW |
99.7% | $25.27 Million | $68.25K | USA | Sep 2025 |
| 12294 |
Shanghai HYP-ARCH Architectural Design Consultant Co.Ltd.
SHE:301024 |
99.7% |
CN¥430.35 Million
≈ $62.97 Million |
CN¥1.16 Million | China | Jun 2025 |
| 12295 |
eSang Networks Co.Ltd
KQ:080010 |
99.7% |
₩169.14 Billion
≈ $114.62 Million |
₩457.84 Million | Korea | Sep 2025 |
| 12296 |
Hubei Geoway Investment Co Ltd
SHG:600462 |
99.7% |
CN¥40.39 Million
≈ $5.91 Million |
CN¥109.53K | China | Mar 2025 |
| 12297 |
Quantum Foods Holdings
JSE:QFH |
99.7% |
ZAC2.40 Billion
≈ $1.27 Million |
ZAC6.50 Million | South Africa | Sep 2025 |
| 12298 |
Marga Abhinaya Abadi Tbk PT
JK:MABA |
99.7% |
Rp283.98 Billion
≈ $16.64 Million |
Rp770.15 Million | Indonesia | Dec 2019 |
| 12299 |
Nan Ya Plastics Corp
TW:1303 |
99.7% |
NT$400.57 Billion
≈ $12.62 Billion |
NT$1.09 Billion | Taiwan | Mar 2026 |
| 12300 |
Thai Wacoal Public Company Limited
BK:WACOAL |
99.7% |
฿5.00 Billion
≈ $155.95 Million |
฿13.57 Million | Thailand | Mar 2026 |