Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
98.8%
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 |
|---|---|---|---|---|---|---|
| 15001 |
COWAY Co. Ltd
KO:021240 |
98.8% |
₩3.69 Trillion
≈ $2.50 Billion |
₩42.83 Billion | Korea | Mar 2026 |
| 15002 |
Tesna Inc
KQ:131970 |
98.8% |
₩442.87 Billion
≈ $300.13 Million |
₩5.15 Billion | Korea | Mar 2026 |
| 15003 |
Kolon Plastics
KO:138490 |
98.8% |
₩353.29 Billion
≈ $239.42 Million |
₩4.11 Billion | Korea | Sep 2025 |
| 15004 |
Udemy Inc
NASDAQ:UDMY |
98.8% | $210.46 Million | $2.45 Million | USA | Dec 2025 |
| 15005 |
Helgeland Sparebank
OL:HELG |
98.8% |
Nkr5.41 Billion
≈ $569.50 Million |
Nkr63.00 Million | Norway | Dec 2025 |
| 15006 |
Brookline Bancorp Inc
NASDAQ:BRKL |
98.8% | $1.25 Billion | $14.60 Million | USA | Jun 2025 |
| 15007 |
EMC Public Company Limited
BK:EMC |
98.8% |
฿718.81 Million
≈ $22.40 Million |
฿8.37 Million | Thailand | Mar 2026 |
| 15008 |
Shanghai Challenge Textile Co Ltd
SHE:002486 |
98.8% |
CN¥1.09 Billion
≈ $159.25 Million |
CN¥12.68 Million | China | Sep 2025 |
| 15009 |
LET co. Ltd
KQ:297890 |
98.8% |
₩258.75 Billion
≈ $175.35 Million |
₩3.02 Billion | Korea | Mar 2026 |
| 15010 |
Diversified Healthcare Trust
NASDAQ:DHC |
98.8% | $1.58 Billion | $18.46 Million | USA | Jun 2026 |
| 15011 |
Infomedia Ltd
AU:IFM |
98.8% |
AU$142.91 Million
≈ $101.12 Million |
AU$1.67 Million | Australia | Jun 2025 |
| 15012 |
HI SPAC 3
KQ:217500 |
98.8% |
₩55.16 Billion
≈ $37.38 Million |
₩644.47 Million | Korea | Sep 2025 |
| 15013 |
Mostostal Zabrze - Holding SA
WAR:MSZ |
98.8% |
zł413.97 Million
≈ $113.93 Million |
zł4.84 Million | Poland | Mar 2026 |
| 15014 |
Asuransi Tugu Pratama Indonesia Tbk PT
JK:TUGU |
98.8% |
Rp10.17 Trillion
≈ $596.14 Million |
Rp118.92 Billion | Indonesia | Dec 2025 |
| 15015 |
Alpha Cognition Inc
NASDAQ:ACOG |
98.8% | $33.91 Million | $396.81K | USA | Sep 2025 |
| 15016 |
SmartStop Self Storage REIT, Inc.
NYSE:SMA |
98.8% | $1.27 Billion | $14.86 Million | USA | Mar 2026 |
| 15017 |
Korea Electronic Power Industrial Development Co Ltd
KO:130660 |
98.8% |
₩95.19 Billion
≈ $64.51 Million |
₩1.12 Billion | Korea | Mar 2026 |
| 15018 |
TOP Engineering Co. Ltd
KQ:065130 |
98.8% |
₩311.18 Billion
≈ $210.88 Million |
₩3.65 Billion | Korea | Sep 2025 |
| 15019 |
Asian Pac Holdings Bhd
KLSE:4057 |
98.8% |
RM1.34 Billion
≈ $337.44 Million |
RM15.75 Million | Malaysia | Mar 2026 |
| 15020 |
Colony Bankcorp Inc.
NASDAQ:CBAN |
98.8% | $302.33 Million | $3.54 Million | USA | Sep 2025 |
| 15021 |
Lesico Ltd
TA:LSCO |
98.8% |
ILA237.66 Million
≈ $637.16K |
ILA2.79 Million | Israel | Dec 2025 |
| 15022 |
SOLiD Inc
KQ:050890 |
98.8% |
₩353.34 Billion
≈ $239.45 Million |
₩4.14 Billion | Korea | Dec 2025 |
| 15023 |
HLscience Co. Ltd
KQ:239610 |
98.8% |
₩87.36 Billion
≈ $59.20 Million |
₩1.02 Billion | Korea | Sep 2025 |
| 15024 |
Sharetronic Data Technology Co Ltd
SHE:300857 |
98.8% |
CN¥3.94 Billion
≈ $576.97 Million |
CN¥46.26 Million | China | Sep 2025 |
| 15025 |
centrotherm international AG
F:CTNK |
98.8% |
€109.34 Million
≈ $127.83 Million |
€1.28 Million | Germany | Dec 2024 |
| 15026 |
Incross Co. Ltd
KQ:216050 |
98.8% |
₩128.52 Billion
≈ $87.10 Million |
₩1.51 Billion | Korea | Mar 2026 |
| 15027 |
Guangdong Provincial Expressway Development Co Ltd
SHE:200429 |
98.8% |
HK$14.69 Billion
≈ $1.87 Billion |
HK$172.62 Million | China | Mar 2026 |
| 15028 |
Banque Cantonale de Geneve
SW:BCGE |
98.8% |
CHF2.39 Billion
≈ $3.02 Billion |
CHF28.11 Million | Switzerland | Jun 2025 |
| 15029 |
Sino AG
XETRA:XTP |
98.8% |
€13.28 Million
≈ $15.52 Million |
€156.16K | Germany | Sep 2025 |
| 15030 |
Sino AG
F:XTP |
98.8% |
€13.28 Million
≈ $15.52 Million |
€156.16K | Germany | Sep 2025 |
| 15031 |
Subsea 7 SA
LSE:0OGK |
98.8% |
Nkr4.21 Billion
≈ $442.55 Million |
Nkr49.50 Million | UK | Sep 2021 |
| 15032 |
WE WIN LIMITED
NSE:WEWIN |
98.8% |
Rs283.31 Million
≈ $3.06 Million |
Rs3.33 Million | India | Mar 2025 |
| 15033 |
Thunder Tiger Corp
TW:8033 |
98.8% |
NT$2.07 Billion
≈ $65.07 Million |
NT$24.31 Million | Taiwan | Dec 2025 |
| 15034 |
Sajo Seafood
KO:014710 |
98.8% |
₩201.45 Billion
≈ $136.52 Million |
₩2.37 Billion | Korea | Mar 2026 |
| 15035 |
DYPNF Co.Ltd
KQ:104460 |
98.8% |
₩156.78 Billion
≈ $106.25 Million |
₩1.85 Billion | Korea | Sep 2025 |
| 15036 |
Opticis Company Limited
KQ:109080 |
98.8% |
₩58.81 Billion
≈ $39.86 Million |
₩692.97 Million | Korea | Sep 2025 |
| 15037 |
Elecon Engineering Company Limited
NSE:ELECON |
98.8% |
Rs23.06 Billion
≈ $249.37 Million |
Rs271.70 Million | India | Mar 2026 |
| 15038 |
Samchully
KO:004690 |
98.8% |
₩1.88 Trillion
≈ $1.28 Billion |
₩22.18 Billion | Korea | Dec 2025 |
| 15039 |
China Minsheng Banking Corp. Ltd
F:GHFH |
98.8% |
€713.95 Billion
≈ $834.68 Billion |
€8.42 Billion | Germany | Mar 2026 |
| 15040 |
Dong A Eltek Co. Ltd
KQ:088130 |
98.8% |
₩287.14 Billion
≈ $194.59 Million |
₩3.39 Billion | Korea | Mar 2026 |
| 15041 |
Kwang Myung El
KO:017040 |
98.8% |
₩49.62 Billion
≈ $33.63 Million |
₩585.54 Million | Korea | Sep 2025 |
| 15042 |
Dongkuk Industries Co. Ltd
KQ:005160 |
98.8% |
₩475.16 Billion
≈ $322.01 Million |
₩5.61 Billion | Korea | Sep 2025 |
| 15043 |
Esso S.A.F.
PA:ES |
98.8% |
€1.48 Billion
≈ $1.73 Billion |
€17.50 Million | France | Jun 2025 |
| 15044 |
Seah Steel Corp
KO:003030 |
98.8% |
₩2.82 Trillion
≈ $1.91 Billion |
₩33.25 Billion | Korea | Mar 2026 |
| 15045 |
Petrel Resources
LSE:PET |
98.8% |
GBX79.00K
≈ $9.61 |
GBX933.00 | UK | Jun 2023 |
| 15046 |
Ameris Bancorp
NYSE:ABCB |
98.8% | $4.09 Billion | $48.32 Million | USA | Jun 2026 |
| 15047 |
Chicony Power Technology Co Ltd
TW:6412 |
98.8% |
NT$15.28 Billion
≈ $481.32 Million |
NT$180.46 Million | Taiwan | Dec 2025 |
| 15048 |
Net Holding AS
IS:NTHOL |
98.8% |
TL88.75 Billion
≈ $1.99 Billion |
TL1.05 Billion | Turkey | Mar 2026 |
| 15049 |
Bridgewater Bancshares Inc
NASDAQ:BWB |
98.8% | $547.91 Million | $6.48 Million | USA | Jun 2026 |
| 15050 |
Cosmax Nbt Inc
KQ:222040 |
98.8% |
₩60.88 Billion
≈ $41.26 Million |
₩719.75 Million | Korea | Mar 2026 |
| 15051 |
Chongqing Chuanyi Automation Co Ltd
SHG:603100 |
98.8% |
CN¥4.86 Billion
≈ $710.94 Million |
CN¥57.44 Million | China | Mar 2026 |
| 15052 |
Hanoi Beer Alcohol and Beverage JSC
VN:BHN |
98.8% |
₫5.54 Trillion
≈ $210.39 Million |
₫65.50 Billion | Vietnam | Jun 2026 |
| 15053 |
Iljin HySolus Co Ltd
KO:271940 |
98.8% |
₩315.05 Billion
≈ $213.50 Million |
₩3.73 Billion | Korea | Mar 2026 |
| 15054 |
Sugentech Inc
KQ:253840 |
98.8% |
₩72.28 Billion
≈ $48.98 Million |
₩855.51 Million | Korea | Mar 2026 |
| 15055 |
Energia Latina SA
SN:ENLASA |
98.8% |
CL$81.60 Million
≈ $91.26K |
CL$966.00K | Chile | Jun 2025 |
| 15056 |
DIO Corporation
KQ:039840 |
98.8% |
₩194.78 Billion
≈ $132.00 Million |
₩2.31 Billion | Korea | Sep 2025 |
| 15057 |
Korea Investment Holdings Co
KO:071050 |
98.8% |
₩11.68 Trillion
≈ $7.92 Billion |
₩138.31 Billion | Korea | Sep 2025 |
| 15058 |
Tandem Group
LSE:TND |
98.8% |
GBX26.09 Million
≈ $3.17K |
GBX309.00K | UK | Dec 2025 |
| 15059 |
CLERHP Estructuras S.A
MC:CLR |
98.8% |
€7.74 Million
≈ $9.05 Million |
€91.71K | Spain | Jun 2025 |
| 15060 |
Kyung Nong Corporation
KO:002100 |
98.8% |
₩303.70 Billion
≈ $205.81 Million |
₩3.60 Billion | Korea | Mar 2026 |
| 15061 |
Taeyoung Engineering & Construction Co.,Ltd.
KO:009410 |
98.8% |
₩645.30 Billion
≈ $437.31 Million |
₩7.65 Billion | Korea | Mar 2026 |
| 15062 |
Taeyoung Engineering & Construction Co.,Ltd.
KO:009415 |
98.8% |
₩645.30 Billion
≈ $437.31 Million |
₩7.65 Billion | Korea | Mar 2026 |
| 15063 |
Bank of Chongqing Co Ltd
SHG:601963 |
98.8% |
CN¥66.00 Billion
≈ $9.66 Billion |
CN¥783.15 Million | China | Sep 2025 |
| 15064 |
Hunan Hansen Pharmaceutical Co Ltd
SHE:002412 |
98.8% |
CN¥2.42 Billion
≈ $354.55 Million |
CN¥28.76 Million | China | Mar 2026 |
| 15065 |
Dhc Software Co Ltd
SHE:002065 |
98.8% |
CN¥12.65 Billion
≈ $1.85 Billion |
CN¥150.21 Million | China | Sep 2025 |
| 15066 |
Cognor S.A.
WAR:COG |
98.8% |
zł1.41 Billion
≈ $387.42 Million |
zł16.71 Million | Poland | Mar 2026 |
| 15067 |
Shanghai Tianchen Co Ltd
SHG:600620 |
98.8% |
CN¥1.43 Billion
≈ $208.61 Million |
CN¥16.93 Million | China | Mar 2026 |
| 15068 |
FASING SA
WAR:FSG |
98.8% |
zł202.55 Million
≈ $55.74 Million |
zł2.41 Million | Poland | Dec 2025 |
| 15069 |
Zhongman Petro & Natural Gas
SHG:603619 |
98.8% |
CN¥4.63 Billion
≈ $677.24 Million |
CN¥55.03 Million | China | Sep 2025 |
| 15070 |
Kent Gida Maddeleri Sanayi ve Ticaret AS
IS:KENT |
98.8% |
TL461.38 Million
≈ $10.33 Million |
TL5.49 Million | Turkey | Dec 2019 |
| 15071 |
STI Co. Ltd
KQ:039440 |
98.8% |
₩265.85 Billion
≈ $180.16 Million |
₩3.16 Billion | Korea | Sep 2025 |
| 15072 |
SEAL Incorporated Bhd
KLSE:4286 |
98.8% |
RM383.31 Million
≈ $96.24 Million |
RM4.57 Million | Malaysia | Sep 2025 |
| 15073 |
Military Commercial Joint Stock Bank
VN:MBB |
98.8% |
₫149.75 Trillion
≈ $5.69 Billion |
₫1.78 Trillion | Vietnam | Mar 2026 |
| 15074 |
ENERGY&MACHINERY KOREA Co.Ltd
KQ:095190 |
98.8% |
₩108.41 Billion
≈ $73.47 Million |
₩1.29 Billion | Korea | Dec 2025 |
| 15075 |
Samsung SDI
KO:006400 |
98.8% |
₩23.47 Trillion
≈ $15.91 Billion |
₩280.24 Billion | Korea | Sep 2025 |
| 15076 |
Hexindo Adiperkasa Tbk
JK:HEXA |
98.8% |
Rp177.96 Million
≈ $10.43K |
Rp2.13 Million | Indonesia | Jun 2025 |
| 15077 |
SyntekaBio Inc
KQ:226330 |
98.8% |
₩28.34 Billion
≈ $19.20 Million |
₩338.99 Million | Korea | Mar 2026 |
| 15078 |
Black Peony Group Co Ltd
SHG:600510 |
98.8% |
CN¥11.18 Billion
≈ $1.64 Billion |
CN¥133.83 Million | China | Sep 2025 |
| 15079 |
STINAG Stuttgart Invest AG
F:STG |
98.8% |
€145.81 Million
≈ $170.47 Million |
€1.75 Million | Germany | Jun 2025 |
| 15080 |
Namuga Co. Ltd
KQ:190510 |
98.8% |
₩170.54 Billion
≈ $115.57 Million |
₩2.04 Billion | Korea | Mar 2026 |
| 15081 |
CU Medical Systems Inc
KQ:115480 |
98.8% |
₩59.68 Billion
≈ $40.44 Million |
₩714.61 Million | Korea | Dec 2025 |
| 15082 |
Hermes International SCA
PA:RMS |
98.8% |
€19.02 Billion
≈ $22.24 Billion |
€228.00 Million | France | Jun 2026 |
| 15083 |
Iskenderun Demir ve Celik AS
IS:ISDMR |
98.8% |
TL133.62 Billion
≈ $2.99 Billion |
TL1.60 Billion | Turkey | Jun 2025 |
| 15084 |
Stock Yards Bancorp Inc
NASDAQ:SYBT |
98.8% | $1.01 Billion | $12.16 Million | USA | Dec 2025 |
| 15085 |
Beijing Leadman Biochemistry Co Ltd
SHE:300289 |
98.8% |
CN¥1.67 Billion
≈ $243.98 Million |
CN¥20.00 Million | China | Mar 2026 |
| 15086 |
Afrimat
JSE:AFT |
98.8% |
ZAC4.39 Billion
≈ $2.33 Million |
ZAC52.71 Million | South Africa | Feb 2025 |
| 15087 |
Jiangsu Dagang Co Ltd
SHE:002077 |
98.8% |
CN¥3.50 Billion
≈ $511.91 Million |
CN¥42.02 Million | China | Mar 2026 |
| 15088 |
Meridian Bank
NASDAQ:MRBK |
98.8% | $204.81 Million | $2.46 Million | USA | Jun 2026 |
| 15089 |
Shandong Zhongji Electrical Equipment Co Ltd
SHE:300308 |
98.8% |
CN¥38.11 Billion
≈ $5.58 Billion |
CN¥458.12 Million | China | Mar 2026 |
| 15090 |
Somboon Advance Technology PCL F
F:PSQ |
98.8% |
€8.34 Billion
≈ $9.75 Billion |
€100.24 Million | Germany | Dec 2025 |
| 15091 |
Shenzhen Kingdom SCI Tech Co Ltd
SHG:600446 |
98.8% |
CN¥3.67 Billion
≈ $536.64 Million |
CN¥44.10 Million | China | Mar 2026 |
| 15092 |
Cyngn Inc
NASDAQ:CYN |
98.8% | $38.75 Million | $466.22K | USA | Dec 2025 |
| 15093 |
CNX Resources Corp
NYSE:CNX |
98.8% | $4.63 Billion | $55.70 Million | USA | Mar 2026 |
| 15094 |
InnoTec TSS AG
F:TSS |
98.8% |
€93.27 Million
≈ $109.04 Million |
€1.12 Million | Germany | Dec 2025 |
| 15095 |
Third Coast Bancshares, Inc.
NYSE:TCBX |
98.8% | $670.77 Million | $8.08 Million | USA | Jun 2026 |
| 15096 |
Hyundai Cement
KO:006390 |
98.8% |
₩437.65 Billion
≈ $296.59 Million |
₩5.27 Billion | Korea | Jun 2025 |
| 15097 |
Münchener Tierpark Hellabrunn AG
MU:MTP |
98.8% Annual |
€14.44 Million
≈ $16.88 Million |
€174.00K | Germany | Dec 2024 |
| 15098 |
OCI NV
AS:OCI |
98.8% |
€1.87 Billion
≈ $2.18 Billion |
€22.50 Million | Netherlands | Jun 2025 |
| 15099 |
Daeryuk Can Co. Ltd
KQ:004780 |
98.8% |
₩158.85 Billion
≈ $107.65 Million |
₩1.92 Billion | Korea | Dec 2025 |
| 15100 |
Northern Graphite Corporation
V:NGC |
98.8% |
CA$6.96 Million
≈ $5.03 Million |
CA$84.00K | Canada | Mar 2024 |