Companies by Tangible Net Worth Ratio

Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets

Average Tangible NW Ratio

95.1%
Across companies on this page

Companies with Data

31,240
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
19801 PT DFI Retail Nusantara Tbk
JK:HERO 		95.1% Rp1.56 Trillion
≈ $91.62 Million 		Rp76.06 Billion Indonesia Sep 2025
19802 Danske Bank A/S
CO:DANSKE 		95.1% Dkr167.39 Billion
≈ $26.19 Billion 		Dkr8.14 Billion Denmark Mar 2026
19803 National Energy Services Reunited Corp Ordinary Shares
NASDAQ:NESR 		95.1% $967.92 Million $47.09 Million USA Dec 2025
19804 Daewoo SBI SPAC 1
KQ:215480 		95.1% ₩31.40 Billion
≈ $21.28 Million 		₩1.53 Billion Korea Mar 2026
19805 Hong Ri Da Technology Co. Ltd. A
SHE:301285 		95.1% CN¥945.37 Million
≈ $138.34 Million 		CN¥45.99 Million China Mar 2026
19806 Anhui Sunhere Pharmaceutical Excipients Co Ltd
SHE:300452 		95.1% CN¥1.12 Billion
≈ $164.21 Million 		CN¥54.64 Million China Mar 2026
19807 Heineken Bhd
KLSE:3255 		95.1% RM530.80 Million
≈ $133.27 Million 		RM25.85 Million Malaysia Dec 2025
19808 Tumosan Motor ve Traktor Sanayi AS
IS:TMSN 		95.1% TL15.44 Billion
≈ $345.88 Million 		TL752.35 Million Turkey Mar 2026
19809 Hangzhou Advance Gearbox Group Co Ltd
SHG:601177 		95.1% CN¥2.89 Billion
≈ $422.61 Million 		CN¥140.81 Million China Sep 2025
19810 Owlet Inc
NYSE:OWLT 		95.1% $35.85 Million $1.75 Million USA Mar 2026
19811 FormPipe Software AB
ST:FPIP 		95.1% Skr869.67 Million
≈ $93.59 Million 		Skr42.42 Million Sweden Mar 2026
19812 Suzhou Nanomicro Technology Co Ltd
SHG:688690 		95.1% CN¥2.03 Billion
≈ $297.34 Million 		CN¥99.16 Million China Sep 2025
19813 Yongji Printing Co Ltd
SHG:603058 		95.1% CN¥1.37 Billion
≈ $200.05 Million 		CN¥66.72 Million China Mar 2026
19814 TJ media Co. Ltd
KQ:032540 		95.1% ₩83.79 Billion
≈ $56.78 Million 		₩4.09 Billion Korea Dec 2025
19815 Extreme Networks Inc
NASDAQ:EXTR 		95.1% $95.91 Million $4.68 Million USA Dec 2025
19816 Satrec Initiative Co. Ltd
KQ:099320 		95.1% ₩234.33 Billion
≈ $158.80 Million 		₩11.44 Billion Korea Mar 2026
19817 Burke & Herbert Financial Services Corp. Common Stock
NASDAQ:BHRB 		95.1% $854.65 Million $41.75 Million USA Dec 2025
19818 Barunson Entertainment & Arts Corporation
KQ:035620 		95.1% ₩58.10 Billion
≈ $39.37 Million 		₩2.84 Billion Korea Mar 2026
19819 Hero MotoCorp Limited
NSE:HEROMOTOCO 		95.1% Rs218.11 Billion
≈ $2.36 Billion 		Rs10.66 Billion India Mar 2026
19820 HawkEye 360, Inc.
NYSE:HAWK 		95.1% Annual $735.98 Million $35.97 Million USA Dec 2025
19821 Beijing Oriental Jicheng Co Ltd
SHE:002819 		95.1% CN¥2.96 Billion
≈ $433.20 Million 		CN¥144.75 Million China Mar 2026
19822 Coursera Inc
NYSE:COUR 		95.1% $631.80 Million $30.90 Million USA Mar 2026
19823 BIG TECHNOLOGIES LS-10
F:7I8 		95.1% €91.29 Million
≈ $106.73 Million 		€4.46 Million Germany Dec 2025
19824 Universal Music Group N.V.
AS:UMG 		95.1% €4.91 Billion
≈ $5.74 Billion 		€240.00 Million Netherlands Jun 2025
19825 China TransInfo Technology Co Ltd
SHE:002373 		95.1% CN¥11.94 Billion
≈ $1.75 Billion 		CN¥584.18 Million China Sep 2025
19826 Dodla Dairy Limited
NSE:DODLA 		95.1% Rs15.33 Billion
≈ $165.75 Million 		Rs749.99 Million India Sep 2025
19827 Jiangsu Yangnong Chemical Co Ltd
SHG:600486 		95.1% CN¥11.87 Billion
≈ $1.74 Billion 		CN¥581.08 Million China Mar 2026
19828 Pony Testing International Group Co
SHE:300887 		95.1% CN¥2.76 Billion
≈ $404.52 Million 		CN¥135.32 Million China Mar 2026
19829 Versigent PLC
NYSE:VGNT 		95.1% $143.00 Million $7.00 Million USA Mar 2026
19830 Shenzhen Emperor Technology Co Ltd
SHE:300546 		95.1% CN¥1.12 Billion
≈ $164.52 Million 		CN¥55.05 Million China Sep 2025
19831 Belysse Group N.V.
BR:BELYS 		95.1% €81.85 Million
≈ $95.69 Million 		€4.01 Million Belgium Jun 2025
19832 Anhui Shiny Electronic Technology Company Limited
SHE:300956 		95.1% CN¥1.39 Billion
≈ $203.00 Million 		CN¥67.96 Million China Jun 2025
19833 Duzhe Publishing & Media Corp
SHG:603999 		95.1% CN¥2.03 Billion
≈ $296.91 Million 		CN¥99.41 Million China Jun 2025
19834 Qingdao Hanhe Cable Co Ltd
SHE:002498 		95.1% CN¥8.62 Billion
≈ $1.26 Billion 		CN¥422.91 Million China Sep 2025
19835 Maanshan Iron & Steel Co Ltd
SHG:600808 		95.1% CN¥36.33 Billion
≈ $5.32 Billion 		CN¥1.78 Billion China Mar 2026
19836 Maanshan Iron & Steel Company Limited
F:YM9A 		95.1% €36.33 Billion
≈ $42.48 Billion 		€1.78 Billion Germany Mar 2026
19837 Sinostar Cable Co. Ltd.
SHE:300933 		95.1% CN¥2.11 Billion
≈ $308.41 Million 		CN¥103.39 Million China Sep 2025
19838 Shandong Sinobioway Biomedicine Co Ltd
SHE:002581 		95.1% CN¥1.99 Billion
≈ $291.65 Million 		CN¥97.80 Million China Sep 2025
19839 ALPHA SE+H.ADR1/4/EO 390
F:ACBC 		95.1% €8.82 Billion
≈ $10.32 Billion 		€433.00 Million Germany Dec 2025
19840 Vysarn Ltd
AU:VYS 		95.1% AU$107.71 Million
≈ $76.21 Million 		AU$5.29 Million Australia Dec 2025
19841 Malee Group Public Company Limited
BK:MALEE 		95.1% ฿2.53 Billion
≈ $78.94 Million 		฿124.41 Million Thailand Dec 2025
19842 Fourlis Holdings S.A.
AT:FOYRK 		95.1% €218.81 Million
≈ $255.81 Million 		€10.75 Million Greece Dec 2025
19843 Advtech
JSE:ADH 		95.1% ZAC6.39 Billion
≈ $3.39 Million 		ZAC313.80 Million South Africa Jun 2025
19844 Grupo Financiero Galicia S.A.
BA:GGAL 		95.1% AR$7.76 Trillion
≈ $5.61 Billion 		AR$381.32 Billion Argentina Dec 2025
19845 Grupo Financiero Galicia S.A
F:GF4 		95.1% €7.76 Trillion
≈ $9.07 Trillion 		€381.32 Billion Germany Dec 2025
19846 Echo Investment SA
WAR:ECH 		95.1% zł1.66 Billion
≈ $456.46 Million 		zł81.55 Million Poland Dec 2025
19847 WCON Electronics (Guangdong) Co. Ltd. A
SHE:301328 		95.1% CN¥2.02 Billion
≈ $295.80 Million 		CN¥99.41 Million China Mar 2026
19848 Koninklijke Heijmans N.V.
AS:HEIJM 		95.1% €549.00 Million
≈ $641.84 Million 		€27.00 Million Netherlands Dec 2025
19849 Courtside Group, Inc. Common Stock
NASDAQ:PODC 		95.1% $15.76 Million $775.00K USA Dec 2025
19850 Mayinglong Pharmaceutical Group Co Ltd
SHG:600993 		95.1% CN¥4.73 Billion
≈ $692.62 Million 		CN¥232.85 Million China Mar 2026
19851 China High-Speed Railway Technology
SHE:000008 		95.1% CN¥2.25 Billion
≈ $328.85 Million 		CN¥110.56 Million China Mar 2026
19852 Sc Engineering
KO:023960 		95.1% ₩44.50 Billion
≈ $30.16 Million 		₩2.19 Billion Korea Mar 2026
19853 Lucky Film Co Ltd
SHG:600135 		95.1% CN¥2.80 Billion
≈ $409.12 Million 		CN¥137.64 Million China Mar 2026
19854 Freedom Holding Corp
NASDAQ:FRHC 		95.1% $1.49 Billion $73.32 Million USA Mar 2026
19855 Hefei Lifeon Pharmaceutical Co Ltd
SHE:003020 		95.1% CN¥1.99 Billion
≈ $290.77 Million 		CN¥97.83 Million China Mar 2026
19856 New Trend International Logis-Tech Co Ltd
SHE:300532 		95.1% CN¥1.84 Billion
≈ $269.85 Million 		CN¥90.85 Million China Mar 2026
19857 Suzhou Novosense Microelectronics Co. Ltd.
SHG:688052 		95.1% CN¥7.62 Billion
≈ $1.11 Billion 		CN¥375.22 Million China Mar 2026
19858 Mama's Creations Inc.
NASDAQ:MAMA 		95.1% $71.73 Million $3.53 Million USA Oct 2025
19859 KOMATSU LTD. SPONS. ADR 1
F:KOMA 		95.1% €3.39 Trillion
≈ $3.96 Trillion 		€166.92 Billion Germany Sep 2025
19860 Springsnow Food Group Co Ltd
SHG:605567 		95.1% CN¥1.11 Billion
≈ $162.58 Million 		CN¥54.77 Million China Mar 2026
19861 Dor Alon
TA:DRAL 		95.1% ILA1.65 Billion
≈ $4.42 Million 		ILA81.19 Million Israel Dec 2025
19862 Qingdao Richen Food Co Ltd
SHG:603755 		95.1% CN¥749.16 Million
≈ $109.63 Million 		CN¥36.95 Million China Sep 2025
19863 Pinnacle Food Group Limited Class A Common Shares
NASDAQ:PFAI 		95.1% $2.95 Million $145.77K USA Jun 2025
19864 Immutep Ltd
AU:IMM 		95.1% AU$143.64 Million
≈ $101.63 Million 		AU$7.09 Million Australia Jun 2025
19865 Kilroy Realty Corp
NYSE:KRC 		95.1% $5.49 Billion $271.21 Million USA Mar 2026
19866 LF Corp
KO:093050 		95.1% ₩1.83 Trillion
≈ $1.24 Billion 		₩90.48 Billion Korea Mar 2026
19867 SK Chemicals Co Ltd
KO:285130 		95.1% ₩3.14 Trillion
≈ $2.13 Billion 		₩155.41 Billion Korea Sep 2025
19868 SK Chemicals Co Ltd Pref
KO:28513K 		95.1% ₩3.14 Trillion
≈ $2.13 Billion 		₩155.41 Billion Korea Sep 2025
19869 Black Rock Coffee Bar, Inc. Class A Common Stock
NASDAQ:BRCB 		95.1% $107.48 Million $5.32 Million USA Mar 2026
19870 H&T Group plc
LSE:HAT 		95.1% GBX192.13 Million
≈ $23.38K 		GBX9.50 Million UK Dec 2024
19871 Aarti Pharmalabs Limited
NSE:AARTIPHARM 		95.1% Rs19.90 Billion
≈ $215.20 Million 		Rs984.39 Million India Mar 2025
19872 Okins Electronics Co. Ltd
KQ:080580 		95.1% ₩42.90 Billion
≈ $29.07 Million 		₩2.12 Billion Korea Sep 2025
19873 Shanghai Conglin Environmental Protection Technology Co. Ltd. A
SHG:688370 		95.1% CN¥2.62 Billion
≈ $383.82 Million 		CN¥129.79 Million China Jun 2025
19874 NCS Multistage Holdings Inc
NASDAQ:NCSM 		95.1% $127.11 Million $6.29 Million USA Sep 2025
19875 Wave Entertainment Public Company Limited
BK:WAVE 		95.0% ฿219.08 Million
≈ $6.83 Million 		฿10.85 Million Thailand Mar 2026
19876 Tinavi Medical Technologies Co Ltd
SHG:688277 		95.0% CN¥1.19 Billion
≈ $174.43 Million 		CN¥59.07 Million China Mar 2026
19877 Elvalhalcor Hellenic Copper and Aluminium Industry S.A
AT:ELHA 		95.0% €1.09 Billion
≈ $1.27 Billion 		€53.79 Million Greece Jun 2025
19878 Wangfujing
SHG:600859 		95.0% CN¥20.01 Billion
≈ $2.93 Billion 		CN¥991.86 Million China Mar 2026
19879 Zhejiang CONBA Pharmaceutical Co Ltd
SHG:600572 		95.0% CN¥7.37 Billion
≈ $1.08 Billion 		CN¥365.30 Million China Mar 2026
19880 Tianjin Benefo Tejing Electric Co Ltd
SHG:600468 		95.0% CN¥2.18 Billion
≈ $319.41 Million 		CN¥108.26 Million China Sep 2025
19881 Baran Group Ltd
TA:BRAN 		95.0% ILA298.02 Million
≈ $798.97K 		ILA14.79 Million Israel Dec 2025
19882 Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056 		95.0% CN¥10.77 Billion
≈ $1.58 Billion 		CN¥534.60 Million China Sep 2025
19883 Ningbo Jintian Copper Group Co Ltd
SHG:601609 		95.0% CN¥10.42 Billion
≈ $1.52 Billion 		CN¥517.01 Million China Sep 2025
19884 Suzhou Secote Precision Electronic Co Ltd Class A
SHG:603283 		95.0% CN¥3.67 Billion
≈ $537.28 Million 		CN¥182.23 Million China Mar 2026
19885 Whirlpool of India Limited
NSE:WHIRLPOOL 		95.0% Rs41.33 Billion
≈ $446.96 Million 		Rs2.05 Billion India Sep 2025
19886 Hanwha Solutions
KO:009830 		95.0% ₩11.15 Trillion
≈ $7.56 Billion 		₩554.05 Billion Korea Sep 2025
19887 Huali Industrial Group Company Limited
SHE:300979 		95.0% CN¥15.60 Billion
≈ $2.28 Billion 		CN¥774.84 Million China Sep 2025
19888 Zhejiang Prulde Electric Appliance Co. Ltd. A
SHE:301353 		95.0% CN¥1.27 Billion
≈ $185.74 Million 		CN¥63.08 Million China Jun 2025
19889 Shaanxi Fenghuo Electronics Co Ltd
SHE:000561 		95.0% CN¥3.08 Billion
≈ $450.65 Million 		CN¥153.06 Million China Mar 2026
19890 GuangYuYuan Chinese Herbal Medicine Co Ltd
SHG:600771 		95.0% CN¥1.72 Billion
≈ $252.05 Million 		CN¥85.63 Million China Mar 2026
19891 Baoshan Iron & Steel Co Ltd
SHG:600019 		95.0% CN¥227.64 Billion
≈ $33.31 Billion 		CN¥11.32 Billion China Mar 2026
19892 Heilongjiang Agriculture Co Ltd
SHG:600598 		95.0% CN¥8.38 Billion
≈ $1.23 Billion 		CN¥416.46 Million China Mar 2026
19893 Finebesteel
KO:133820 		95.0% ₩52.27 Billion
≈ $35.43 Million 		₩2.60 Billion Korea Sep 2025
19894 Charoen Pokphand Foods Public Company Limited
F:CPOF 		95.0% €251.86 Billion
≈ $294.45 Billion 		€12.53 Billion Germany Dec 2025
19895 Charoen Pokphand Foods Public Company Limited
F:NVAV 		95.0% €251.86 Billion
≈ $294.45 Billion 		€12.53 Billion Germany Dec 2025
19896 Charoen Pokphand Foods Public Company Limited
BK:CPF 		95.0% ฿251.86 Billion
≈ $7.85 Billion 		฿12.53 Billion Thailand Dec 2025
19897 Agile Group Holdings Limited
F:A8P 		95.0% €17.95 Billion
≈ $20.99 Billion 		€893.28 Million Germany Dec 2025
19898 Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A
SHE:301309 		95.0% CN¥1.69 Billion
≈ $246.69 Million 		CN¥83.88 Million China Mar 2026
19899 Korea Zinc Inc
KO:010130 		95.0% ₩11.18 Trillion
≈ $7.58 Billion 		₩556.68 Billion Korea Dec 2025
19900 Zhejiang Guyuelongshan Shaoxing Wine Co Ltd
SHG:600059 		95.0% CN¥5.94 Billion
≈ $869.60 Million 		CN¥295.84 Million China Mar 2026