Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
97.7%
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 |
|---|---|---|---|---|---|---|
| 16901 |
New Guomai Digital Culture Co Ltd
SHG:600640 |
97.7% |
CN¥4.46 Billion
≈ $653.03 Million |
CN¥102.35 Million | China | Mar 2026 |
| 16902 |
Wahana Ottomitra Multiartha
JK:WOMF |
97.7% |
Rp1.98 Trillion
≈ $116.21 Million |
Rp45.48 Billion | Indonesia | Dec 2025 |
| 16903 |
GRAB HOLDINGS LTD CL.A
F:A6I |
97.7% |
€6.76 Billion
≈ $7.90 Billion |
€155.00 Million | Germany | Dec 2025 |
| 16904 |
NatureCell Co.Ltd
KQ:007390 |
97.7% |
₩62.72 Billion
≈ $42.50 Million |
₩1.44 Billion | Korea | Sep 2025 |
| 16905 |
Chime Ball Technology Co Ltd
TWO:1595 |
97.7% |
NT$2.72 Billion
≈ $85.78 Million |
NT$62.49 Million | Taiwan | Sep 2025 |
| 16906 |
Jayaswal Neco Industries Limited
NSE:JAYNECOIND |
97.7% |
Rs28.41 Billion
≈ $307.28 Million |
Rs652.60 Million | India | Mar 2026 |
| 16907 |
BHMINESLTD FPO [BHM]
AU:BHM |
97.7% |
AU$4.17 Million
≈ $2.95 Million |
AU$95.84K | Australia | Jun 2025 |
| 16908 |
Kolon Globalco
KO:003070 |
97.7% |
₩567.35 Billion
≈ $384.49 Million |
₩13.04 Billion | Korea | Sep 2025 |
| 16909 |
SACCHERIA F.LLI FRANCES.
F:YV1 |
97.7% |
€9.92 Million
≈ $11.60 Million |
€227.94K | Germany | Dec 2024 |
| 16910 |
Yowie Group Ltd
AU:YOW |
97.7% |
AU$10.22 Million
≈ $7.23 Million |
AU$235.20K | Australia | Jun 2024 |
| 16911 |
Kyochon F And B Co Ltd
KO:339770 |
97.7% |
₩179.93 Billion
≈ $121.94 Million |
₩4.14 Billion | Korea | Mar 2026 |
| 16912 |
Steel Authority of India Limited
NSE:SAIL |
97.7% |
Rs603.56 Billion
≈ $6.53 Billion |
Rs13.90 Billion | India | Mar 2026 |
| 16913 |
Marathon Digital Holdings Inc
NASDAQ:MARA |
97.7% | $1.76 Billion | $40.51 Million | USA | Jun 2026 |
| 16914 |
HCL Infosystems Limited
NSE:HCL-INSYS |
97.7% |
Rs243.20 Million
≈ $2.63 Million |
Rs5.60 Million | India | Sep 2019 |
| 16915 |
Sichuan Tianyi Comheart Telecom Co Ltd Class A
SHE:300504 |
97.7% |
CN¥2.10 Billion
≈ $306.69 Million |
CN¥48.28 Million | China | Mar 2026 |
| 16916 |
EVRAZ plc
LSE:EVR |
97.7% |
GBX5.73 Billion
≈ $697.18K |
GBX132.00 Million | UK | Jun 2022 |
| 16917 |
Cosmax
KO:044820 |
97.7% |
₩295.69 Billion
≈ $200.38 Million |
₩6.82 Billion | Korea | Dec 2025 |
| 16918 |
Suzhou Iron Technology Co. Ltd. A
SHG:688329 |
97.7% |
CN¥771.79 Million
≈ $112.94 Million |
CN¥17.79 Million | China | Mar 2026 |
| 16919 |
Shenzhen Pacific Union Precision Manufacturing Co. Ltd. A
SHG:688210 |
97.7% |
CN¥1.34 Billion
≈ $196.05 Million |
CN¥30.90 Million | China | Mar 2026 |
| 16920 |
Sichuan Teway Food Group Co Ltd
SHG:603317 |
97.7% |
CN¥4.61 Billion
≈ $674.02 Million |
CN¥106.32 Million | China | Sep 2025 |
| 16921 |
Kardan NV
TA:KRNV |
97.7% |
ILA4.42 Million
≈ $11.85K |
ILA102.00K | Israel | Sep 2017 |
| 16922 |
Korea Petroleum Industries Co
KO:004090 |
97.7% |
₩206.87 Billion
≈ $140.19 Million |
₩4.78 Billion | Korea | Mar 2026 |
| 16923 |
Motorcomm Electronic Technology Co. Ltd. A
SHG:688515 |
97.7% |
CN¥1.47 Billion
≈ $214.65 Million |
CN¥33.86 Million | China | Mar 2026 |
| 16924 |
Hangzhou Hopechart Iot Technology
SHG:688288 |
97.7% |
CN¥751.85 Million
≈ $110.02 Million |
CN¥17.36 Million | China | Mar 2026 |
| 16925 |
Sinofibers Technology Co Ltd
SHE:300777 |
97.7% |
CN¥4.48 Billion
≈ $656.08 Million |
CN¥103.52 Million | China | Sep 2025 |
| 16926 |
New Hope Corporation Ltd
AU:NHC |
97.7% |
AU$2.60 Billion
≈ $1.84 Billion |
AU$60.03 Million | Australia | Jan 2026 |
| 16927 |
Yangzhou Seashine New Materials Co
SHE:300885 |
97.7% |
CN¥879.13 Million
≈ $128.64 Million |
CN¥20.31 Million | China | Sep 2025 |
| 16928 |
Charm Engine
KO:009310 |
97.7% |
₩85.36 Billion
≈ $57.85 Million |
₩1.97 Billion | Korea | Mar 2026 |
| 16929 |
Maplebear Inc.
NASDAQ:CART |
97.7% | $2.59 Billion | $60.00 Million | USA | Mar 2026 |
| 16930 |
QTC Energy Public Company Limited
BK:QTC |
97.7% |
฿1.56 Billion
≈ $48.48 Million |
฿36.00 Million | Thailand | Mar 2026 |
| 16931 |
North Electro-Optic Co Ltd
SHG:600184 |
97.7% |
CN¥3.46 Billion
≈ $505.81 Million |
CN¥80.02 Million | China | Mar 2026 |
| 16932 |
Digjam Limited
NSE:DIGJAMLTD |
97.7% |
Rs46.17 Million
≈ $499.31K |
Rs1.07 Million | India | Sep 2025 |
| 16933 |
Shriram Finance Limited
NSE:SHRIRAMFIN |
97.7% |
Rs659.19 Billion
≈ $7.13 Billion |
Rs15.26 Billion | India | Mar 2026 |
| 16934 |
Indo-National Limited
NSE:NIPPOBATRY |
97.7% |
Rs4.00 Billion
≈ $43.29 Million |
Rs92.71 Million | India | Sep 2025 |
| 16935 |
Uxi Unicomp Technology Co. Ltd. A
SHG:688531 |
97.7% |
CN¥3.34 Billion
≈ $489.28 Million |
CN¥77.46 Million | China | Jun 2025 |
| 16936 |
Natco Pharma Limited
NSE:NATCOPHARM |
97.7% |
Rs86.54 Billion
≈ $935.92 Million |
Rs2.00 Billion | India | Sep 2025 |
| 16937 |
Delta Manufacturing Limited
NSE:DELTAMAGNT |
97.7% |
Rs99.17 Million
≈ $1.07 Million |
Rs2.30 Million | India | Sep 2025 |
| 16938 |
Nexen Corporation
KO:005720 |
97.7% |
₩2.56 Trillion
≈ $1.73 Billion |
₩59.26 Billion | Korea | Sep 2025 |
| 16939 |
PHOENIX N AG
SW:PMN |
97.7% |
CHF273.63 Million
≈ $345.94 Million |
CHF6.35 Million | Switzerland | Dec 2025 |
| 16940 |
Shenzhen Kinwong Electronic Co Ltd
SHG:603228 |
97.7% |
CN¥13.51 Billion
≈ $1.98 Billion |
CN¥313.46 Million | China | Mar 2026 |
| 16941 |
Changchun UP Optotech Co Ltd
SHE:002338 |
97.7% |
CN¥1.81 Billion
≈ $264.96 Million |
CN¥42.01 Million | China | Mar 2026 |
| 16942 |
Test Rite International Co Ltd
TW:2908 |
97.7% |
NT$8.73 Billion
≈ $274.99 Million |
NT$202.61 Million | Taiwan | Mar 2026 |
| 16943 |
Atlantic American Corporation
NASDAQ:AAME |
97.7% | $109.49 Million | $2.54 Million | USA | Sep 2025 |
| 16944 |
Costain Group PLC
LSE:COST |
97.7% |
GBX258.20 Million
≈ $31.42K |
GBX6.00 Million | UK | Dec 2025 |
| 16945 |
NanoenTekInc
KQ:039860 |
97.7% |
₩73.19 Billion
≈ $49.60 Million |
₩1.70 Billion | Korea | Sep 2025 |
| 16946 |
China Express Airlines Co Ltd Class A
SHE:002928 |
97.7% |
CN¥3.98 Billion
≈ $582.38 Million |
CN¥92.67 Million | China | Mar 2026 |
| 16947 |
RFG Holdings Ltd
JSE:RFG |
97.7% |
ZAC3.90 Billion
≈ $2.07 Million |
ZAC90.82 Million | South Africa | Sep 2025 |
| 16948 |
Gosuncn Technology Group Co Ltd Class A
SHE:300098 |
97.7% |
CN¥2.77 Billion
≈ $406.00 Million |
CN¥64.62 Million | China | Mar 2026 |
| 16949 |
Velan Inc.
TO:VLN |
97.7% |
CA$167.04 Million
≈ $120.84 Million |
CA$3.89 Million | Canada | May 2026 |
| 16950 |
Asymchem Laboratories Tian Jin Co Ltd
SHE:002821 |
97.7% |
CN¥17.96 Billion
≈ $2.63 Billion |
CN¥418.47 Million | China | Mar 2026 |
| 16951 |
ASYMCHEM LAB.(TIAN.)H YC1
F:7K90 |
97.7% |
€17.96 Billion
≈ $21.00 Billion |
€418.47 Million | Germany | Mar 2026 |
| 16952 |
Healthcare Global Enterprises Limited
NSE:HCG |
97.7% |
Rs14.10 Billion
≈ $152.51 Million |
Rs328.70 Million | India | Mar 2026 |
| 16953 |
Xiamen East Asia Machinery Industrial Co. Ltd.
SHE:301028 |
97.7% |
CN¥1.71 Billion
≈ $250.66 Million |
CN¥39.94 Million | China | Mar 2026 |
| 16954 |
Cathay Financial Holding Co Ltd
TW:2882 |
97.7% |
NT$817.03 Billion
≈ $25.74 Billion |
NT$19.06 Billion | Taiwan | Mar 2026 |
| 16955 |
Quest Holdings S.A
AT:QUEST |
97.7% |
€353.38 Million
≈ $413.14 Million |
€8.25 Million | Greece | Sep 2025 |
| 16956 |
Natural Grocers by Vitamin Cottage Inc
NYSE:NGVC |
97.7% | $239.42 Million | $5.59 Million | USA | Jun 2026 |
| 16957 |
Plan Optik AG
F:P4O |
97.7% |
€12.79 Million
≈ $14.95 Million |
€298.86K | Germany | Dec 2024 |
| 16958 |
Shinyoung Waco
KO:005800 |
97.7% |
₩378.95 Billion
≈ $256.81 Million |
₩8.86 Billion | Korea | Sep 2025 |
| 16959 |
SWIGGY LIMITED
NSE:SWIGGY |
97.7% |
Rs97.97 Billion
≈ $1.06 Billion |
Rs2.29 Billion | India | Sep 2025 |
| 16960 |
Subsea 7 S.A.
F:SOC |
97.7% |
€4.55 Billion
≈ $5.32 Billion |
€106.40 Million | Germany | Mar 2026 |
| 16961 |
Subsea 7 S.A
F:SOCA |
97.7% |
€4.55 Billion
≈ $5.32 Billion |
€106.40 Million | Germany | Mar 2026 |
| 16962 |
StarPower Semiconductor Ltd
SHG:603290 |
97.7% |
CN¥7.05 Billion
≈ $1.03 Billion |
CN¥165.03 Million | China | Mar 2026 |
| 16963 |
JCET Group Co Ltd
SHG:600584 |
97.7% |
CN¥31.37 Billion
≈ $4.59 Billion |
CN¥733.90 Million | China | Mar 2026 |
| 16964 |
Dongfang Electronics Co Ltd
SHE:000682 |
97.7% |
CN¥5.94 Billion
≈ $869.51 Million |
CN¥139.08 Million | China | Sep 2025 |
| 16965 |
WIZ CORP Inc
KQ:038620 |
97.7% |
₩97.07 Billion
≈ $65.78 Million |
₩2.27 Billion | Korea | Sep 2025 |
| 16966 |
Reino Capital SA
WAR:RNC |
97.7% |
zł24.35 Million
≈ $6.70 Million |
zł569.95K | Poland | Sep 2025 |
| 16967 |
Sigma Healthcare Limited
F:S5YA |
97.7% |
€839.28 Million
≈ $981.20 Million |
€19.65 Million | Germany | Jan 2025 |
| 16968 |
Joyce Corporation Ltd
AU:JYC |
97.7% |
AU$40.02 Million
≈ $28.32 Million |
AU$937.00K | Australia | Jun 2025 |
| 16969 |
Kromek Group PLC
LSE:KMK |
97.7% |
GBX52.18 Million
≈ $6.35K |
GBX1.22 Million | UK | Apr 2025 |
| 16970 |
Karooooo Ltd
JSE:KRO |
97.7% |
ZAC3.63 Billion
≈ $1.93 Million |
ZAC85.11 Million | South Africa | May 2026 |
| 16971 |
Karooooo Ltd
NASDAQ:KARO |
97.7% | $3.63 Billion | $85.11 Million | USA | May 2026 |
| 16972 |
Apple Flavor&Fragrance Grp
SHG:603020 |
97.7% |
CN¥3.47 Billion
≈ $507.49 Million |
CN¥81.36 Million | China | Mar 2026 |
| 16973 |
Sichuan Chengfei Integration Technology Corp Ltd
SHE:002190 |
97.7% |
CN¥4.67 Billion
≈ $683.45 Million |
CN¥109.63 Million | China | Mar 2026 |
| 16974 |
OceanPact Serviços Marítimos S.A
SA:OPCT3 |
97.7% |
R$1.01 Billion
≈ $198.86 Million |
R$23.80 Million | Brazil | Dec 2025 |
| 16975 |
Eyesvision Corp
KQ:031310 |
97.7% |
₩206.63 Billion
≈ $140.03 Million |
₩4.85 Billion | Korea | Mar 2026 |
| 16976 |
Burstone Group Limited
JSE:BTN |
97.6% |
ZAC9.48 Billion
≈ $5.04 Million |
ZAC222.88 Million | South Africa | Mar 2025 |
| 16977 |
Tong Hsing Electronic Industries Ltd
TW:6271 |
97.6% |
NT$27.28 Billion
≈ $859.53 Million |
NT$641.21 Million | Taiwan | Jun 2026 |
| 16978 |
Xinjiang Tianfu Energy Co Ltd
SHG:600509 |
97.6% |
CN¥8.82 Billion
≈ $1.29 Billion |
CN¥207.34 Million | China | Sep 2025 |
| 16979 |
France Tourisme Immobilier SA
PA:MLFTI |
97.6% |
€3.93 Million
≈ $4.59 Million |
€92.40K | France | Dec 2017 |
| 16980 |
Wiener Privatbank SE
VI:WPB |
97.6% |
€32.92 Million
≈ $38.48 Million |
€774.99K | Austria | Dec 2025 |
| 16981 |
Zhejiang Xianju Pharmaceutical Co Ltd
SHE:002332 |
97.6% |
CN¥6.12 Billion
≈ $895.90 Million |
CN¥144.15 Million | China | Mar 2026 |
| 16982 |
Acumentis Group Ltd
AU:ACU |
97.6% |
AU$26.28 Million
≈ $18.60 Million |
AU$619.00K | Australia | Dec 2025 |
| 16983 |
NH SPAC 2
KQ:206640 |
97.6% |
₩244.18 Billion
≈ $165.48 Million |
₩5.75 Billion | Korea | Dec 2025 |
| 16984 |
Hebei Sinopack Electronic Technolog
SHE:003031 |
97.6% |
CN¥6.67 Billion
≈ $976.72 Million |
CN¥157.32 Million | China | Sep 2025 |
| 16985 |
iBio, Inc. Common Stock
NASDAQ:IBIO |
97.6% | $77.54 Million | $1.83 Million | USA | Mar 2026 |
| 16986 |
Xinhua Winshare Publishing and Media Co. Ltd
F:SXV |
97.6% |
€15.58 Billion
≈ $18.21 Billion |
€367.68 Million | Germany | Jun 2025 |
| 16987 |
Fabryki Mebli Forte S.A.
WAR:FTE |
97.6% |
zł877.75 Million
≈ $241.57 Million |
zł20.73 Million | Poland | Mar 2026 |
| 16988 |
Sungmoon Elect
KO:014910 |
97.6% |
₩44.12 Billion
≈ $29.90 Million |
₩1.04 Billion | Korea | Dec 2025 |
| 16989 |
Fastned B.V.
AS:FAST |
97.6% |
€104.06 Million
≈ $121.66 Million |
€2.46 Million | Netherlands | Jun 2025 |
| 16990 |
Glacier Bancorp Inc
NYSE:GBCI |
97.6% | $4.25 Billion | $100.47 Million | USA | Mar 2026 |
| 16991 |
SLM Corp
NASDAQ:SLM |
97.6% | $2.47 Billion | $58.55 Million | USA | Jun 2026 |
| 16992 |
Spirox Corp
TW:3055 |
97.6% |
NT$1.78 Billion
≈ $56.23 Million |
NT$42.26 Million | Taiwan | Sep 2025 |
| 16993 |
Asia Commercial Bank
VN:ACB |
97.6% |
₫94.52 Trillion
≈ $3.59 Billion |
₫2.24 Trillion | Vietnam | Dec 2025 |
| 16994 |
Sangfor Technologies Inc Class A
SHE:300454 |
97.6% |
CN¥10.87 Billion
≈ $1.59 Billion |
CN¥257.44 Million | China | Mar 2026 |
| 16995 |
Q.S.I Co. LTD
KQ:066310 |
97.6% |
₩81.98 Billion
≈ $55.55 Million |
₩1.94 Billion | Korea | Jun 2025 |
| 16996 |
NETEASE INC. O.N.
F:4Y01 |
97.6% |
€169.35 Billion
≈ $197.99 Billion |
€4.01 Billion | Germany | Mar 2026 |
| 16997 |
ROCKWOOL International A/S
CO:ROCK-B |
97.6% |
Dkr2.74 Billion
≈ $428.51 Million |
Dkr64.95 Million | Denmark | Dec 2025 |
| 16998 |
EstechPharma Co. Ltd
KQ:041910 |
97.6% |
₩135.93 Billion
≈ $92.12 Million |
₩3.22 Billion | Korea | Dec 2025 |
| 16999 |
CTS International Logistics Corp Ltd
SHG:603128 |
97.6% |
CN¥6.44 Billion
≈ $942.17 Million |
CN¥152.74 Million | China | Mar 2026 |
| 17000 |
Origin Bancorp, Inc.
NYSE:OBK |
97.6% | $1.28 Billion | $30.39 Million | USA | Jun 2026 |