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

31,440
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
19901 MKH Bhd
KLSE:6114 		95.1% RM2.16 Billion
≈ $542.91 Million 		RM104.96 Million Malaysia Sep 2025
19902 XINTE ENERGY CO. CL.H YC1
F:9M7 		95.1% €37.05 Billion
≈ $43.31 Billion 		€1.80 Billion Germany Dec 2025
19903 Banco Santander SA ADR
NYSE:SAN 		95.1% $115.85 Billion $5.63 Billion USA Jun 2026
19904 Zhejiang Jiahua Energy Chemical Industry Co Ltd
SHG:600273 		95.1% CN¥10.19 Billion
≈ $1.49 Billion 		CN¥495.04 Million China Mar 2026
19905 Gotland Rederi AB Series A
ST:GOTL-A 		95.1% Skr5.28 Billion
≈ $568.00 Million 		Skr256.60 Million Sweden Mar 2026
19906 Paseco Co. Ltd
KQ:037070 		95.1% ₩79.53 Billion
≈ $53.90 Million 		₩3.87 Billion Korea Mar 2026
19907 Tofu Restaurant Co Ltd
TWO:2752 		95.1% NT$1.30 Billion
≈ $41.02 Million 		NT$63.33 Million Taiwan Sep 2025
19908 PT DFI Retail Nusantara Tbk
JK:HERO 		95.1% Rp1.56 Trillion
≈ $91.62 Million 		Rp76.06 Billion Indonesia Sep 2025
19909 Danske Bank A/S
CO:DANSKE 		95.1% Dkr167.39 Billion
≈ $26.19 Billion 		Dkr8.14 Billion Denmark Mar 2026
19910 Daewoo SBI SPAC 1
KQ:215480 		95.1% ₩31.40 Billion
≈ $21.28 Million 		₩1.53 Billion Korea Mar 2026
19911 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
19912 Anhui Sunhere Pharmaceutical Excipients Co Ltd
SHE:300452 		95.1% CN¥1.12 Billion
≈ $164.21 Million 		CN¥54.64 Million China Mar 2026
19913 Tumosan Motor ve Traktor Sanayi AS
IS:TMSN 		95.1% TL15.44 Billion
≈ $345.88 Million 		TL752.35 Million Turkey Mar 2026
19914 Mincon Group plc
IR:MIO 		95.1% €148.96 Million
≈ $174.15 Million 		€7.26 Million Ireland Dec 2025
19915 Hangzhou Advance Gearbox Group Co Ltd
SHG:601177 		95.1% CN¥2.89 Billion
≈ $422.61 Million 		CN¥140.81 Million China Sep 2025
19916 FormPipe Software AB
ST:FPIP 		95.1% Skr869.67 Million
≈ $93.59 Million 		Skr42.42 Million Sweden Mar 2026
19917 Suzhou Nanomicro Technology Co Ltd
SHG:688690 		95.1% CN¥2.03 Billion
≈ $297.34 Million 		CN¥99.16 Million China Sep 2025
19918 TJ media Co. Ltd
KQ:032540 		95.1% ₩83.79 Billion
≈ $56.78 Million 		₩4.09 Billion Korea Dec 2025
19919 Extreme Networks Inc
NASDAQ:EXTR 		95.1% $95.91 Million $4.68 Million USA Dec 2025
19920 Satrec Initiative Co. Ltd
KQ:099320 		95.1% ₩234.33 Billion
≈ $158.80 Million 		₩11.44 Billion Korea Mar 2026
19921 Jiangsu Bide Science and Technology Co. Ltd.
SHG:605298 		95.1% CN¥1.07 Billion
≈ $157.21 Million 		CN¥52.47 Million China Mar 2026
19922 Burke & Herbert Financial Services Corp. Common Stock
NASDAQ:BHRB 		95.1% $854.65 Million $41.75 Million USA Dec 2025
19923 Barunson Entertainment & Arts Corporation
KQ:035620 		95.1% ₩58.10 Billion
≈ $39.37 Million 		₩2.84 Billion Korea Mar 2026
19924 Hero MotoCorp Limited
NSE:HEROMOTOCO 		95.1% Rs218.11 Billion
≈ $2.36 Billion 		Rs10.66 Billion India Mar 2026
19925 Beijing Oriental Jicheng Co Ltd
SHE:002819 		95.1% CN¥2.96 Billion
≈ $433.20 Million 		CN¥144.75 Million China Mar 2026
19926 Coursera Inc
NYSE:COUR 		95.1% $631.80 Million $30.90 Million USA Mar 2026
19927 BIG TECHNOLOGIES LS-10
F:7I8 		95.1% €91.29 Million
≈ $106.73 Million 		€4.46 Million Germany Dec 2025
19928 Universal Music Group N.V.
AS:UMG 		95.1% €4.91 Billion
≈ $5.74 Billion 		€240.00 Million Netherlands Jun 2025
19929 Autoneum Holding AG
SW:AUTN 		95.1% CHF656.30 Million
≈ $829.74 Million 		CHF32.10 Million Switzerland Jun 2026
19930 China TransInfo Technology Co Ltd
SHE:002373 		95.1% CN¥11.94 Billion
≈ $1.75 Billion 		CN¥584.18 Million China Sep 2025
19931 Martin Marietta Materials Inc
NYSE:MLM 		95.1% $11.55 Billion $565.00 Million USA Jun 2026
19932 Dodla Dairy Limited
NSE:DODLA 		95.1% Rs15.33 Billion
≈ $165.75 Million 		Rs749.99 Million India Sep 2025
19933 Jiangsu Yangnong Chemical Co Ltd
SHG:600486 		95.1% CN¥11.87 Billion
≈ $1.74 Billion 		CN¥581.08 Million China Mar 2026
19934 Pony Testing International Group Co
SHE:300887 		95.1% CN¥2.76 Billion
≈ $404.52 Million 		CN¥135.32 Million China Mar 2026
19935 Malee Group Public Company Limited
BK:MALEE 		95.1% ฿2.55 Billion
≈ $79.59 Million 		฿125.02 Million Thailand Mar 2026
19936 Shenzhen Emperor Technology Co Ltd
SHE:300546 		95.1% CN¥1.12 Billion
≈ $164.52 Million 		CN¥55.05 Million China Sep 2025
19937 Belysse Group N.V.
BR:BELYS 		95.1% €81.85 Million
≈ $95.69 Million 		€4.01 Million Belgium Jun 2025
19938 Anhui Shiny Electronic Technology Company Limited
SHE:300956 		95.1% CN¥1.39 Billion
≈ $203.00 Million 		CN¥67.96 Million China Jun 2025
19939 Duzhe Publishing & Media Corp
SHG:603999 		95.1% CN¥2.03 Billion
≈ $296.91 Million 		CN¥99.41 Million China Jun 2025
19940 Shenzhen Kstar Science & Technology Co Ltd
SHE:002518 		95.1% CN¥5.07 Billion
≈ $741.33 Million 		CN¥248.36 Million China Mar 2026
19941 Qingdao Hanhe Cable Co Ltd
SHE:002498 		95.1% CN¥8.62 Billion
≈ $1.26 Billion 		CN¥422.91 Million China Sep 2025
19942 Maanshan Iron & Steel Company Limited
F:YM9A 		95.1% €36.33 Billion
≈ $42.48 Billion 		€1.78 Billion Germany Mar 2026
19943 Maanshan Iron & Steel Co Ltd
SHG:600808 		95.1% CN¥36.33 Billion
≈ $5.32 Billion 		CN¥1.78 Billion China Mar 2026
19944 Sinostar Cable Co. Ltd.
SHE:300933 		95.1% CN¥2.11 Billion
≈ $308.41 Million 		CN¥103.39 Million China Sep 2025
19945 Shandong Sinobioway Biomedicine Co Ltd
SHE:002581 		95.1% CN¥1.99 Billion
≈ $291.65 Million 		CN¥97.80 Million China Sep 2025
19946 ALPHA SE+H.ADR1/4/EO 390
F:ACBC 		95.1% €8.82 Billion
≈ $10.32 Billion 		€433.00 Million Germany Dec 2025
19947 Hyundai Bngste
KO:004560 		95.1% ₩523.58 Billion
≈ $354.82 Million 		₩25.71 Billion Korea Mar 2026
19948 Vysarn Ltd
AU:VYS 		95.1% AU$107.71 Million
≈ $76.21 Million 		AU$5.29 Million Australia Dec 2025
19949 Fourlis Holdings S.A.
AT:FOYRK 		95.1% €218.81 Million
≈ $255.81 Million 		€10.75 Million Greece Dec 2025
19950 Advtech
JSE:ADH 		95.1% ZAC6.39 Billion
≈ $3.39 Million 		ZAC313.80 Million South Africa Jun 2025
19951 Grupo Financiero Galicia S.A.
BA:GGAL 		95.1% AR$7.76 Trillion
≈ $5.61 Billion 		AR$381.32 Billion Argentina Dec 2025
19952 Echo Investment SA
WAR:ECH 		95.1% zł1.66 Billion
≈ $456.46 Million 		zł81.55 Million Poland Dec 2025
19953 WCON Electronics (Guangdong) Co. Ltd. A
SHE:301328 		95.1% CN¥2.02 Billion
≈ $295.80 Million 		CN¥99.41 Million China Mar 2026
19954 Mayinglong Pharmaceutical Group Co Ltd
SHG:600993 		95.1% CN¥4.73 Billion
≈ $692.62 Million 		CN¥232.85 Million China Mar 2026
19955 China High-Speed Railway Technology
SHE:000008 		95.1% CN¥2.25 Billion
≈ $328.85 Million 		CN¥110.56 Million China Mar 2026
19956 Sc Engineering
KO:023960 		95.1% ₩44.50 Billion
≈ $30.16 Million 		₩2.19 Billion Korea Mar 2026
19957 Guangzhou Jet Bio-Filtration Co Ltd
SHG:688026 		95.1% CN¥1.20 Billion
≈ $176.01 Million 		CN¥59.19 Million China Mar 2026
19958 FirstSun Capital Bancorp Common Stock
NASDAQ:FSUN 		95.1% $1.84 Billion $90.45 Million USA Jun 2026
19959 Lucky Film Co Ltd
SHG:600135 		95.1% CN¥2.80 Billion
≈ $409.12 Million 		CN¥137.64 Million China Mar 2026
19960 Freedom Holding Corp
NASDAQ:FRHC 		95.1% $1.49 Billion $73.32 Million USA Mar 2026
19961 Hefei Lifeon Pharmaceutical Co Ltd
SHE:003020 		95.1% CN¥1.99 Billion
≈ $290.77 Million 		CN¥97.83 Million China Mar 2026
19962 Oil States International Inc
NYSE:OIS 		95.1% $581.38 Million $28.64 Million USA Jun 2026
19963 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
19964 Suzhou Novosense Microelectronics Co. Ltd.
SHG:688052 		95.1% CN¥7.62 Billion
≈ $1.11 Billion 		CN¥375.22 Million China Mar 2026
19965 KOMATSU LTD. SPONS. ADR 1
F:KOMA 		95.1% €3.39 Trillion
≈ $3.96 Trillion 		€166.92 Billion Germany Sep 2025
19966 Springsnow Food Group Co Ltd
SHG:605567 		95.1% CN¥1.11 Billion
≈ $162.58 Million 		CN¥54.77 Million China Mar 2026
19967 Dor Alon
TA:DRAL 		95.1% ILA1.65 Billion
≈ $4.42 Million 		ILA81.19 Million Israel Dec 2025
19968 Qingdao Richen Food Co Ltd
SHG:603755 		95.1% CN¥749.16 Million
≈ $109.63 Million 		CN¥36.95 Million China Sep 2025
19969 Unity Software Inc
NYSE:U 		95.1% $3.31 Billion $163.14 Million USA Jun 2026
19970 Immutep Ltd
AU:IMM 		95.1% AU$143.64 Million
≈ $101.63 Million 		AU$7.09 Million Australia Jun 2025
19971 Daesang Corp Preference Shares
KO:001685 		95.1% ₩1.12 Trillion
≈ $756.36 Million 		₩55.12 Billion Korea Mar 2026
19972 Baolingbao Biology Co Ltd
SHE:002286 		95.1% CN¥2.30 Billion
≈ $336.96 Million 		CN¥113.78 Million China Mar 2026
19973 LF Corp
KO:093050 		95.1% ₩1.83 Trillion
≈ $1.24 Billion 		₩90.48 Billion Korea Mar 2026
19974 SK Chemicals Co Ltd Pref
KO:28513K 		95.1% ₩3.14 Trillion
≈ $2.13 Billion 		₩155.41 Billion Korea Sep 2025
19975 SK Chemicals Co Ltd
KO:285130 		95.1% ₩3.14 Trillion
≈ $2.13 Billion 		₩155.41 Billion Korea Sep 2025
19976 Black Rock Coffee Bar, Inc. Class A Common Stock
NASDAQ:BRCB 		95.1% $107.48 Million $5.32 Million USA Mar 2026
19977 H&T Group plc
LSE:HAT 		95.1% GBX192.13 Million
≈ $23.38K 		GBX9.50 Million UK Dec 2024
19978 Aarti Pharmalabs Limited
NSE:AARTIPHARM 		95.1% Rs19.90 Billion
≈ $215.20 Million 		Rs984.39 Million India Mar 2025
19979 Okins Electronics Co. Ltd
KQ:080580 		95.1% ₩42.90 Billion
≈ $29.07 Million 		₩2.12 Billion Korea Sep 2025
19980 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
19981 NCS Multistage Holdings Inc
NASDAQ:NCSM 		95.1% $127.11 Million $6.29 Million USA Sep 2025
19982 Wave Entertainment Public Company Limited
BK:WAVE 		95.0% ฿219.08 Million
≈ $6.83 Million 		฿10.85 Million Thailand Mar 2026
19983 Tinavi Medical Technologies Co Ltd
SHG:688277 		95.0% CN¥1.19 Billion
≈ $174.43 Million 		CN¥59.07 Million China Mar 2026
19984 Elvalhalcor Hellenic Copper and Aluminium Industry S.A
AT:ELHA 		95.0% €1.09 Billion
≈ $1.27 Billion 		€53.79 Million Greece Jun 2025
19985 Wangfujing
SHG:600859 		95.0% CN¥20.01 Billion
≈ $2.93 Billion 		CN¥991.86 Million China Mar 2026
19986 Suncorp Group Ltd
AU:SUN 		95.0% AU$10.41 Billion
≈ $7.37 Billion 		AU$516.00 Million Australia Jun 2026
19987 Zhejiang CONBA Pharmaceutical Co Ltd
SHG:600572 		95.0% CN¥7.37 Billion
≈ $1.08 Billion 		CN¥365.30 Million China Mar 2026
19988 Tianjin Benefo Tejing Electric Co Ltd
SHG:600468 		95.0% CN¥2.18 Billion
≈ $319.41 Million 		CN¥108.26 Million China Sep 2025
19989 Baran Group Ltd
TA:BRAN 		95.0% ILA298.02 Million
≈ $798.97K 		ILA14.79 Million Israel Dec 2025
19990 Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056 		95.0% CN¥10.77 Billion
≈ $1.58 Billion 		CN¥534.60 Million China Sep 2025
19991 Ningbo Jintian Copper Group Co Ltd
SHG:601609 		95.0% CN¥10.42 Billion
≈ $1.52 Billion 		CN¥517.01 Million China Sep 2025
19992 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
19993 Whirlpool of India Limited
NSE:WHIRLPOOL 		95.0% Rs41.33 Billion
≈ $446.96 Million 		Rs2.05 Billion India Sep 2025
19994 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
19995 Shaanxi Fenghuo Electronics Co Ltd
SHE:000561 		95.0% CN¥3.08 Billion
≈ $450.65 Million 		CN¥153.06 Million China Mar 2026
19996 Shandong Gold Phoenix Co Ltd
SHG:603586 		95.0% CN¥2.25 Billion
≈ $328.94 Million 		CN¥111.73 Million China Jun 2026
19997 GuangYuYuan Chinese Herbal Medicine Co Ltd
SHG:600771 		95.0% CN¥1.72 Billion
≈ $252.05 Million 		CN¥85.63 Million China Mar 2026
19998 Baoshan Iron & Steel Co Ltd
SHG:600019 		95.0% CN¥227.64 Billion
≈ $33.31 Billion 		CN¥11.32 Billion China Mar 2026
19999 Heilongjiang Agriculture Co Ltd
SHG:600598 		95.0% CN¥8.38 Billion
≈ $1.23 Billion 		CN¥416.46 Million China Mar 2026
20000 Charoen Pokphand Foods Public Company Limited
F:CPOF 		95.0% €251.86 Billion
≈ $294.45 Billion 		€12.53 Billion Germany Dec 2025