Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

94.6%
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
20201 ExpreS2ion Biotech Holding AB
ST:EXPRS2 		94.7% Skr26.42 Million
≈ $2.84 Million 		Skr1.41 Million Sweden Mar 2026
20202 Putra Rajawali Kencana PT
JK:PURA 		94.7% Rp508.70 Billion
≈ $29.81 Million 		Rp27.09 Billion Indonesia Jun 2025
20203 Skywater Technology Inc
NASDAQ:SKYT 		94.7% $187.85 Million $10.01 Million USA Mar 2026
20204 GoPro Inc
NASDAQ:GPRO 		94.7% $76.55 Million $4.08 Million USA Dec 2025
20205 Shenglan Technology Co Ltd
SHE:300843 		94.7% CN¥1.67 Billion
≈ $244.39 Million 		CN¥88.97 Million China Mar 2026
20206 Livzon Pharmaceutical Group Inc
SHE:000513 		94.7% CN¥15.58 Billion
≈ $2.28 Billion 		CN¥830.34 Million China Mar 2026
20207 LIVZON PHARMAC. GRP H YC1
F:LP6 		94.7% €15.58 Billion
≈ $18.22 Billion 		€830.34 Million Germany Mar 2026
20208 China National Electric Apparatus R
SHG:688128 		94.7% CN¥3.63 Billion
≈ $530.87 Million 		CN¥193.36 Million China Mar 2026
20209 HITACHI CONSTR.MACH.ADR/2
F:HCMA 		94.7% €881.03 Billion
≈ $1.03 Trillion 		€46.98 Billion Germany Sep 2025
20210 EKF Diagnostics Holdings Plc
LSE:EKF 		94.7% GBX70.28 Million
≈ $8.55K 		GBX3.75 Million UK Dec 2025
20211 Bichamp Cutting Technology Hunan Co Ltd
SHE:002843 		94.7% CN¥1.42 Billion
≈ $207.50 Million 		CN¥75.69 Million China Sep 2025
20212 Hangzhou Hangyang Co Ltd
SHE:002430 		94.7% CN¥11.05 Billion
≈ $1.62 Billion 		CN¥589.82 Million China Sep 2025
20213 MidWestOne Financial Group Inc
NASDAQ:MOFG 		94.7% $606.06 Million $32.36 Million USA Sep 2025
20214 Nanogroup SA
WAR:NNG 		94.7% zł11.37 Million
≈ $3.13 Million 		zł607.00K Poland Jun 2025
20215 M2I Corporation
KQ:347890 		94.7% ₩122.68 Billion
≈ $83.14 Million 		₩6.55 Billion Korea Mar 2026
20216 ARTRYA Ltd
AU:AYA 		94.7% AU$89.35 Million
≈ $63.22 Million 		AU$4.77 Million Australia Dec 2025
20217 ACNB Corporation
NASDAQ:ACNB 		94.7% $419.97 Million $22.43 Million USA Dec 2025
20218 Autopedia Sukses Lestari Tbk PT
JK:ASLC 		94.7% Rp772.75 Billion
≈ $45.28 Million 		Rp41.29 Billion Indonesia Sep 2025
20219 Ategrity Specialty Insurance Company Holdings
NYSE:ASIC 		94.7% $633.28 Million $33.84 Million USA Mar 2026
20220 Tupy S.A
SA:TUPY3 		94.7% R$2.33 Billion
≈ $456.99 Million 		R$124.45 Million Brazil Mar 2026
20221 High Arctic Energy Services Inc.
TO:HWO 		94.7% CA$22.04 Million
≈ $15.95 Million 		CA$1.18 Million Canada Dec 2025
20222 Latent View Analytics Limited
NSE:LATENTVIEW 		94.7% Rs17.84 Billion
≈ $192.92 Million 		Rs953.43 Million India Mar 2026
20223 Shanghai Daimay Auto Interior
SHG:603730 		94.7% CN¥5.02 Billion
≈ $735.08 Million 		CN¥268.50 Million China Mar 2026
20224 Adcorp
JSE:ADR 		94.7% ZAC1.49 Billion
≈ $790.20K 		ZAC79.48 Million South Africa Aug 2025
20225 Indian Energy Exchange Limited
NSE:IEX 		94.7% Rs13.65 Billion
≈ $147.57 Million 		Rs729.68 Million India Mar 2026
20226 ELRINGKLINGER.UNSP.ADR/2
F:ZIL 		94.7% €666.32 Million
≈ $779.00 Million 		€35.63 Million Germany Dec 2025
20227 ElringKlinger AG
F:ZIL2 		94.7% €666.32 Million
≈ $779.00 Million 		€35.63 Million Germany Dec 2025
20228 ZheJiang HuaSheng Technology Co.Ltd
SHG:605180 		94.7% CN¥1.14 Billion
≈ $167.04 Million 		CN¥61.06 Million China Jun 2025
20229 Shanghai Baolong Automotive Corp
SHG:603197 		94.7% CN¥3.64 Billion
≈ $532.66 Million 		CN¥194.72 Million China Sep 2025
20230 Compagnie du Bois Sauvage SA
BR:COMB 		94.6% €525.56 Million
≈ $614.44 Million 		€28.12 Million Belgium Jun 2025
20231 msg life ag
HM:MSGL 		94.6% €52.16 Million
≈ $60.98 Million 		€2.79 Million Germany Dec 2016
20232 Shandong Binzhou Bohai Piston Co Ltd
SHG:600960 		94.6% CN¥3.57 Billion
≈ $521.83 Million 		CN¥190.81 Million China Mar 2026
20233 Shandong Humon Smelting Co Ltd
SHE:002237 		94.6% CN¥13.34 Billion
≈ $1.95 Billion 		CN¥713.79 Million China Mar 2026
20234 Powszechna Kasa Oszczednosci Bank Polski SA
WAR:PKO 		94.6% zł58.50 Billion
≈ $16.10 Billion 		zł3.13 Billion Poland Dec 2025
20235 Nanjing Baose Co Ltd
SHE:300402 		94.6% CN¥1.52 Billion
≈ $222.16 Million 		CN¥81.28 Million China Mar 2026
20236 Taewoong Logistics Co.Ltd
KQ:124560 		94.6% ₩253.36 Billion
≈ $171.70 Million 		₩13.57 Billion Korea Sep 2025
20237 Shandong Hiking International Co Ltd Class A
SHG:600735 		94.6% CN¥1.21 Billion
≈ $177.12 Million 		CN¥64.85 Million China Mar 2026
20238 Vision Marine Technologies Inc
NASDAQ:VMAR 		94.6% $9.49 Million $508.60K USA Feb 2026
20239 Lotte Chilsung Beverage Co Ltd
KO:005305 		94.6% ₩1.60 Trillion
≈ $1.08 Billion 		₩85.81 Billion Korea Dec 2025
20240 Zhongjing Food Co. Ltd.
SHE:300908 		94.6% CN¥1.85 Billion
≈ $271.00 Million 		CN¥99.31 Million China Mar 2026
20241 China Datang Corporation Renewable Power Co. Limited
F:DT7 		94.6% €37.59 Billion
≈ $43.94 Billion 		€2.02 Billion Germany Dec 2025
20242 China Datang Corporation Renewable Power Co. Limited
STU:DT7 		94.6% €37.59 Billion
≈ $43.94 Billion 		€2.02 Billion Germany Dec 2025
20243 Fridenson
TA:FRDN 		94.6% ILA161.76 Million
≈ $433.67K 		ILA8.68 Million Israel Mar 2026
20244 Zhejiang Juhua Co Ltd
SHG:600160 		94.6% CN¥24.88 Billion
≈ $3.64 Billion 		CN¥1.33 Billion China Mar 2026
20245 Shenzhen Kstar Science & Technology Co Ltd
SHE:002518 		94.6% CN¥4.74 Billion
≈ $693.41 Million 		CN¥254.25 Million China Sep 2025
20246 Victory Giant Technology Huizhou Co Ltd
SHE:300476 		94.6% CN¥17.40 Billion
≈ $2.55 Billion 		CN¥934.04 Million China Mar 2026
20247 Clas Ohlson AB (publ)
ST:CLAS-B 		94.6% Skr3.15 Billion
≈ $339.44 Million 		Skr169.30 Million Sweden Apr 2026
20248 Petrovietnam Camau Fertilizer
VN:DCM 		94.6% ₫10.74 Trillion
≈ $408.07 Million 		₫576.49 Billion Vietnam Dec 2025
20249 Apeloa Pharmaceutical Co Ltd
SHE:000739 		94.6% CN¥6.57 Billion
≈ $961.28 Million 		CN¥352.63 Million China Mar 2026
20250 Systech Bhd
KLSE:0050 		94.6% RM57.38 Million
≈ $14.41 Million 		RM3.08 Million Malaysia Mar 2026
20251 ProPetro Holding Corp
NYSE:PUMP 		94.6% $988.67 Million $53.11 Million USA Mar 2026
20252 Warpaint London PLC
LSE:W7L 		94.6% GBX80.35 Million
≈ $9.78K 		GBX4.32 Million UK Dec 2025
20253 Goldenmax International Technology Ltd
SHE:002636 		94.6% CN¥3.85 Billion
≈ $563.01 Million 		CN¥206.90 Million China Mar 2026
20254 Nanjing Canatal Data Centre Environmental Tech Co Ltd Class A
SHG:603912 		94.6% CN¥1.77 Billion
≈ $258.70 Million 		CN¥95.07 Million China Mar 2026
20255 THE BK N.T.BUTTERF.+S.NEW
F:4IK 		94.6% €1.14 Billion
≈ $1.33 Billion 		€61.41 Million Germany Dec 2025
20256 X4 Pharmaceuticals Inc
NASDAQ:XFOR 		94.6% $168.45 Million $9.06 Million USA Mar 2026
20257 Sarine Technologies Ltd
TA:SARN 		94.6% ILA53.15 Million
≈ $142.50K 		ILA2.86 Million Israel Dec 2025
20258 Varroc Engineering Limited
NSE:VARROC 		94.6% Rs18.41 Billion
≈ $199.07 Million 		Rs990.47 Million India Mar 2026
20259 Chow Tai Seng Jewellery Co Ltd
SHE:002867 		94.6% CN¥6.77 Billion
≈ $990.51 Million 		CN¥364.27 Million China Mar 2026
20260 Lutian Machinery Co Ltd
SHG:605259 		94.6% CN¥1.88 Billion
≈ $274.94 Million 		CN¥101.13 Million China Mar 2026
20261 Zehnder
SW:ZEHN 		94.6% CHF267.29 Million
≈ $337.93 Million 		CHF14.39 Million Switzerland Dec 2025
20262 Datang International Power Generation Co. Ltd
F:BJI 		94.6% €102.79 Billion
≈ $120.17 Billion 		€5.53 Billion Germany Mar 2026
20263 Xinxiang Tuoxin Pharmaceutical Co.Ltd.
SHE:301089 		94.6% CN¥1.47 Billion
≈ $215.82 Million 		CN¥79.42 Million China Mar 2026
20264 YCC CORP
KQ:232140 		94.6% ₩447.33 Billion
≈ $303.15 Million 		₩24.09 Billion Korea Sep 2025
20265 MARKS SPENCER ADR LS-25
F:MA6A 		94.6% €2.95 Billion
≈ $3.45 Billion 		€159.00 Million Germany Mar 2025
20266 SNDL Inc.
NASDAQ:SNDL 		94.6% $1.10 Billion $59.22 Million USA Sep 2025
20267 Shanghai Kelai Mechatronics
SHG:603960 		94.6% CN¥1.12 Billion
≈ $163.79 Million 		CN¥60.30 Million China Sep 2025
20268 Destini Bhd
KLSE:7212 		94.6% RM153.60 Million
≈ $38.56 Million 		RM8.28 Million Malaysia Dec 2025
20269 Genova Property Group AB
ST:GPG 		94.6% Skr3.77 Billion
≈ $405.39 Million 		Skr203.00 Million Sweden Mar 2026
20270 Zhejiang XinNong Chemical Co Ltd Class A
SHE:002942 		94.6% CN¥1.23 Billion
≈ $179.93 Million 		CN¥66.29 Million China Sep 2025
20271 American Rebel Holdings Inc
NASDAQ:AREB 		94.6% $7.19 Million $387.50K USA Mar 2026
20272 Jiangsu Maysta Chemical Co Ltd
SHG:603041 		94.6% CN¥1.49 Billion
≈ $218.22 Million 		CN¥80.44 Million China Jun 2025
20273 Open Lending Corp
NASDAQ:LPRO 		94.6% $74.96 Million $4.05 Million USA Dec 2025
20274 Fluxys Belgium
BR:FLUX 		94.6% €544.08 Million
≈ $636.08 Million 		€29.37 Million Belgium Jun 2025
20275 Zhejiang Xinhua Chemical Co Ltd
SHG:603867 		94.6% CN¥2.82 Billion
≈ $412.24 Million 		CN¥152.09 Million China Sep 2025
20276 Republic Services Inc
NYSE:RSG 		94.6% $11.98 Billion $647.00 Million USA Mar 2026
20277 Kailuan Energy Chemical Co Ltd
SHG:600997 		94.6% CN¥15.05 Billion
≈ $2.20 Billion 		CN¥813.39 Million China Sep 2025
20278 Chongqing Zongshen Power Machinery Co Ltd
SHE:001696 		94.6% CN¥5.93 Billion
≈ $867.80 Million 		CN¥320.51 Million China Sep 2025
20279 Shaanxi Construction Machinery Co Ltd
SHG:600984 		94.6% CN¥4.38 Billion
≈ $641.31 Million 		CN¥236.90 Million China Sep 2025
20280 Akritas S.A
AT:AKRIT 		94.6% Annual €627.25K
≈ $733.32K 		€33.91K Greece Dec 2015
20281 Ugint Co Ltd
KQ:195990 		94.6% ₩56.88 Billion
≈ $38.55 Million 		₩3.08 Billion Korea Mar 2026
20282 Jiangsu Huahong Technology Co Ltd
SHE:002645 		94.6% CN¥4.15 Billion
≈ $606.68 Million 		CN¥224.18 Million China Sep 2025
20283 NextBoat Inc.
NYSE MKT:NXB 		94.6% $10.48 Million $566.98K USA Mar 2026
20284 Jiangxi Salt Industry Group Co. Ltd. A
SHG:601065 		94.6% CN¥4.45 Billion
≈ $650.72 Million 		CN¥240.49 Million China Jun 2025
20285 Jiangsu Hongdou Industrial Co Ltd
SHG:600400 		94.6% CN¥1.45 Billion
≈ $211.66 Million 		CN¥78.29 Million China Mar 2026
20286 Fine DNC Co. Ltd
KQ:049120 		94.6% ₩40.47 Billion
≈ $27.42 Million 		₩2.19 Billion Korea Sep 2025
20287 Kangmei Pharmaceutical Co Ltd
SHG:600518 		94.6% CN¥7.22 Billion
≈ $1.06 Billion 		CN¥391.48 Million China Sep 2025
20288 Nippon Indosari Corpindo Tbk
JK:ROTI 		94.6% Rp1.87 Trillion
≈ $109.72 Million 		Rp101.50 Billion Indonesia Jun 2025
20289 IES Holdings Inc
NASDAQ:IESC 		94.6% $1.08 Billion $58.40 Million USA Mar 2026
20290 Zhejiang Hailide New Material Co Ltd
SHE:002206 		94.6% CN¥4.14 Billion
≈ $605.56 Million 		CN¥224.47 Million China Mar 2026
20291 Waga Energy SA
PA:WAGA 		94.6% €130.75 Million
≈ $152.86 Million 		€7.09 Million France Dec 2025
20292 TOVIS Co.Ltd
KQ:051360 		94.6% ₩296.64 Billion
≈ $201.03 Million 		₩16.09 Billion Korea Sep 2025
20293 Auctus Alternative Investments Ltd
AU:AVC 		94.6% AU$28.55 Million
≈ $20.20 Million 		AU$1.55 Million Australia Dec 2024
20294 Global Brands Manufacture Ltd
TW:6191 		94.6% NT$26.37 Billion
≈ $830.88 Million 		NT$1.43 Billion Taiwan Dec 2025
20295 MITCON Consultancy & Engineering Services Limited
NSE:MITCON 		94.6% Rs1.40 Billion
≈ $15.18 Million 		Rs76.17 Million India Mar 2025
20296 Mavi Giyim Sanayi Ve Ticaret AS
IS:MAVI 		94.6% TL11.87 Billion
≈ $265.86 Million 		TL644.39 Million Turkey Jul 2025
20297 Hangzhou Shenhao Technology Co Ltd
SHE:300853 		94.6% CN¥618.25 Million
≈ $90.47 Million 		CN¥33.57 Million China Sep 2025
20298 The Ramco Cements Limited
NSE:RAMCOCEM 		94.6% Rs75.71 Billion
≈ $818.74 Million 		Rs4.11 Billion India Sep 2025
20299 Citychamp Dartong Co Ltd
SHG:600067 		94.6% CN¥6.92 Billion
≈ $1.01 Billion 		CN¥375.55 Million China Sep 2025
20300 Guangshen Railway Co Ltd
SHG:601333 		94.6% CN¥28.89 Billion
≈ $4.23 Billion 		CN¥1.57 Billion China Mar 2026