Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
94.4%
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.
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 |
|---|---|---|---|---|---|---|
| 20401 |
Adapthealth Corp
NASDAQ:AHCO |
94.5% | $1.62 Billion | $90.09 Million | USA | Sep 2025 |
| 20402 |
Tongyu Heavy Industry
SHE:300185 |
94.5% |
CN¥7.31 Billion
≈ $1.07 Billion |
CN¥405.58 Million | China | Mar 2026 |
| 20403 |
Zhejiang Jinggong Science Technology
SHE:002006 |
94.5% |
CN¥2.40 Billion
≈ $351.71 Million |
CN¥133.30 Million | China | Sep 2025 |
| 20404 |
Jinfa Labi Maternity & Baby Articles Co Ltd
SHE:002762 |
94.5% |
CN¥771.93 Million
≈ $112.96 Million |
CN¥42.82 Million | China | Sep 2025 |
| 20405 |
Kemira Oyj
HE:KEMIRA |
94.5% |
€1.70 Billion
≈ $1.98 Billion |
€94.10 Million | Finland | Dec 2025 |
| 20406 |
KMW Inc.
KQ:032500 |
94.5% |
₩128.60 Billion
≈ $87.15 Million |
₩7.14 Billion | Korea | Sep 2025 |
| 20407 |
Acusensus Ltd
AU:ACE |
94.4% |
AU$56.06 Million
≈ $39.67 Million |
AU$3.11 Million | Australia | Dec 2025 |
| 20408 |
Inscobee
KO:006490 |
94.4% |
₩28.32 Billion
≈ $19.19 Million |
₩1.57 Billion | Korea | Sep 2025 |
| 20409 |
Zhejiang Jingu Co Ltd
SHE:002488 |
94.4% |
CN¥4.25 Billion
≈ $621.91 Million |
CN¥236.09 Million | China | Sep 2025 |
| 20410 |
JHT Design Co. Ltd. Cl A
SHG:603061 |
94.4% |
CN¥1.71 Billion
≈ $249.92 Million |
CN¥94.88 Million | China | Mar 2026 |
| 20411 |
Huadi International Group Co Ltd
NASDAQ:HUDI |
94.4% | $75.81 Million | $4.21 Million | USA | Dec 2025 |
| 20412 |
Medpace Holdings Inc
NASDAQ:MEDP |
94.4% | $598.31 Million | $33.27 Million | USA | Mar 2026 |
| 20413 |
Kesla Oyj A
HE:KELAS |
94.4% |
€10.37 Million
≈ $12.13 Million |
€577.00K | Finland | Jun 2025 |
| 20414 |
Nanjing Doron Technology Corp
SHG:603528 |
94.4% |
CN¥1.93 Billion
≈ $282.27 Million |
CN¥107.31 Million | China | Mar 2026 |
| 20415 |
Empreendimentos Pague Menos S.A
SA:PGMN3 |
94.4% |
R$3.36 Billion
≈ $658.51 Million |
R$186.69 Million | Brazil | Mar 2026 |
| 20416 |
UGI Corporation
NYSE:UGI |
94.4% | $5.43 Billion | $302.00 Million | USA | Mar 2026 |
| 20417 |
Gulf Oil Lubricants India Limited
NSE:GULFOILLUB |
94.4% |
Rs17.16 Billion
≈ $185.57 Million |
Rs954.83 Million | India | Sep 2025 |
| 20418 |
Anhui Huaheng Biotechnology Co. Ltd. A
SHG:688639 |
94.4% |
CN¥2.67 Billion
≈ $390.54 Million |
CN¥148.58 Million | China | Mar 2026 |
| 20419 |
BII Railway Transportation Technology Holdings Company Limited
F:CN6 |
94.4% |
€3.11 Billion
≈ $3.63 Billion |
€172.98 Million | Germany | Dec 2025 |
| 20420 |
Bio-Rad Laboratories Inc
NYSE:BIO-B |
94.4% | $7.13 Billion | $396.90 Million | USA | Jun 2025 |
| 20421 |
Presidio Property Trust
NASDAQ:SQFT |
94.4% | $25.15 Million | $1.40 Million | USA | Mar 2026 |
| 20422 |
Shenzhen Woer Heat-Shrinkable Material Co Ltd
SHE:002130 |
94.4% |
CN¥9.47 Billion
≈ $1.39 Billion |
CN¥527.30 Million | China | Mar 2026 |
| 20423 |
Phu Tai JSC
VN:PTB |
94.4% |
₫3.66 Trillion
≈ $138.89 Million |
₫203.55 Billion | Vietnam | Mar 2026 |
| 20424 |
Thermador Groupe SA
PA:THEP |
94.4% |
€383.76 Million
≈ $448.66 Million |
€21.37 Million | France | Jun 2025 |
| 20425 |
TegoScience Inc
KQ:191420 |
94.4% |
₩48.32 Billion
≈ $32.74 Million |
₩2.69 Billion | Korea | Mar 2026 |
| 20426 |
Cerillion PLC
LSE:CER |
94.4% |
GBX59.61 Million
≈ $7.25K |
GBX3.32 Million | UK | Sep 2025 |
| 20427 |
Hangzhou Honghua Digital Technology Stock Company LTD
SHG:688789 |
94.4% |
CN¥3.45 Billion
≈ $505.40 Million |
CN¥192.38 Million | China | Jun 2025 |
| 20428 |
Potbelly Co
NASDAQ:PBPB |
94.4% | $61.10 Million | $3.40 Million | USA | Jun 2025 |
| 20429 |
SDIC Power Holdings Co Ltd
SHG:600886 |
94.4% |
CN¥116.27 Billion
≈ $17.01 Billion |
CN¥6.48 Billion | China | Sep 2025 |
| 20430 |
Zhejiang Century Huatong Group Co Ltd
SHE:002602 |
94.4% |
CN¥29.93 Billion
≈ $4.38 Billion |
CN¥1.67 Billion | China | Sep 2025 |
| 20431 |
Beneficient Class A Common Stock
NASDAQ:BENF |
94.4% | $55.60 Million | $3.10 Million | USA | Jun 2025 |
| 20432 |
YD More Investments Ltd
TA:MRIN |
94.4% |
ILA409.23 Million
≈ $1.10 Million |
ILA22.82 Million | Israel | Dec 2025 |
| 20433 |
Guomai Technologies Inc
SHE:002093 |
94.4% |
CN¥3.83 Billion
≈ $560.55 Million |
CN¥213.65 Million | China | Sep 2025 |
| 20434 |
Jilin Forest
SHG:600189 |
94.4% |
CN¥1.48 Billion
≈ $215.90 Million |
CN¥82.30 Million | China | Mar 2026 |
| 20435 |
2G Energy AG
XETRA:2GB |
94.4% |
€143.33 Million
≈ $167.56 Million |
€8.00 Million | Germany | Jun 2025 |
| 20436 |
National Australia Bank Ltd
AU:NAB |
94.4% |
AU$63.65 Billion
≈ $45.03 Billion |
AU$3.55 Billion | Australia | Sep 2025 |
| 20437 |
Ningbo Baosi Energy Equipment Co Ltd
SHE:300441 |
94.4% |
CN¥2.55 Billion
≈ $372.70 Million |
CN¥142.19 Million | China | Jun 2025 |
| 20438 |
Shenzhen Longsys Electronics Co. Ltd. A
SHE:301308 |
94.4% |
CN¥7.20 Billion
≈ $1.05 Billion |
CN¥401.93 Million | China | Jun 2025 |
| 20439 |
Dongguan Mentech Optical & Magnetic Co Ltd
SHE:002902 |
94.4% |
CN¥828.19 Million
≈ $121.19 Million |
CN¥46.25 Million | China | Sep 2025 |
| 20440 |
Puyang Refractories Group Co Ltd
SHE:002225 |
94.4% |
CN¥4.24 Billion
≈ $620.17 Million |
CN¥236.70 Million | China | Sep 2025 |
| 20441 |
Saigon Beer Alcohol Beverage Corp
VN:SAB |
94.4% |
₫22.87 Trillion
≈ $869.09 Million |
₫1.28 Trillion | Vietnam | Jun 2025 |
| 20442 |
MiCo Ltd
KQ:059090 |
94.4% |
₩535.59 Billion
≈ $362.96 Million |
₩29.93 Billion | Korea | Sep 2025 |
| 20443 |
Orion Group Holdings Inc
NYSE:ORN |
94.4% | $166.67 Million | $9.31 Million | USA | Mar 2026 |
| 20444 |
Bon Fame Co Ltd
TWO:8433 |
94.4% |
NT$2.39 Billion
≈ $75.42 Million |
NT$133.80 Million | Taiwan | Dec 2025 |
| 20445 |
Chongqing YuXin Pingrui Electronic Co. Ltd.
SHE:301107 |
94.4% |
CN¥928.83 Million
≈ $135.92 Million |
CN¥51.92 Million | China | Jun 2025 |
| 20446 |
Aegon NV
AS:AGN |
94.4% |
€9.39 Billion
≈ $10.98 Billion |
€525.00 Million | Netherlands | Jun 2025 |
| 20447 |
Fujian Green Pine Co Ltd
SHE:300132 |
94.4% |
CN¥1.43 Billion
≈ $208.73 Million |
CN¥79.79 Million | China | Sep 2025 |
| 20448 |
AVIC (Chengdu) UAS Co. Ltd. A
SHG:688297 |
94.4% |
CN¥5.72 Billion
≈ $837.63 Million |
CN¥320.19 Million | China | Mar 2026 |
| 20449 |
Zhejiang Jiuzhou Pharm Co Ltd
SHG:603456 |
94.4% |
CN¥8.95 Billion
≈ $1.31 Billion |
CN¥500.86 Million | China | Mar 2026 |
| 20450 |
Guolin Environmental Tech Co Ltd
SHE:300786 |
94.4% |
CN¥1.14 Billion
≈ $167.44 Million |
CN¥64.07 Million | China | Mar 2026 |
| 20451 |
Guangbo Group Stock Co Ltd
SHE:002103 |
94.4% |
CN¥1.26 Billion
≈ $183.86 Million |
CN¥70.36 Million | China | Mar 2026 |
| 20452 |
Shanghai Flyco Electrical Appliance Co Ltd
SHG:603868 |
94.4% |
CN¥3.27 Billion
≈ $478.75 Million |
CN¥183.24 Million | China | Sep 2025 |
| 20453 |
Feilong Auto Components Co Ltd
SHE:002536 |
94.4% |
CN¥3.48 Billion
≈ $509.34 Million |
CN¥195.04 Million | China | Mar 2026 |
| 20454 |
Howden Joinery Group Plc
LSE:HWDN |
94.4% |
GBX1.08 Billion
≈ $131.36K |
GBX60.50 Million | UK | Jun 2025 |
| 20455 |
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd
SHE:300967 |
94.4% |
CN¥907.92 Million
≈ $132.86 Million |
CN¥50.88 Million | China | Jun 2025 |
| 20456 |
Jiangsu Hoperun Software Co Ltd
SHE:300339 |
94.4% |
CN¥3.72 Billion
≈ $543.92 Million |
CN¥208.35 Million | China | Mar 2026 |
| 20457 |
Refinaria de Petróleos de Manguinhos S.A
SA:RPMG3 |
94.4% |
R$15.94 Million
≈ $3.13 Million |
R$894.00K | Brazil | Jun 2008 |
| 20458 |
Izoblok
WAR:IZB |
94.4% |
zł93.26 Million
≈ $25.67 Million |
zł5.24 Million | Poland | Sep 2025 |
| 20459 |
A.F.P. Habitat
SN:HABITAT |
94.4% |
CL$423.20 Billion
≈ $473.28 Million |
CL$23.77 Billion | Chile | Mar 2026 |
| 20460 |
Global-E Online Ltd
NASDAQ:GLBE |
94.4% | $932.68 Million | $52.38 Million | USA | Dec 2025 |
| 20461 |
MSC Industrial Direct Company Inc
NYSE:MSM |
94.4% | $1.39 Billion | $77.83 Million | USA | Feb 2026 |
| 20462 |
Ina Invest Holding AG
SW:INA |
94.4% |
CHF395.82 Million
≈ $500.42 Million |
CHF22.25 Million | Switzerland | Dec 2024 |
| 20463 |
ACERINOX ADR 1/2/EO-25
F:ACE |
94.4% |
€2.10 Billion
≈ $2.45 Billion |
€117.96 Million | Germany | Dec 2025 |
| 20464 |
Gedik Yatirim Menkul Degerler AS
IS:GEDIK |
94.4% |
TL4.81 Billion
≈ $107.70 Million |
TL270.82 Million | Turkey | Sep 2025 |
| 20465 |
Izostal SA
WAR:IZS |
94.4% |
zł268.71 Million
≈ $73.95 Million |
zł15.14 Million | Poland | Dec 2025 |
| 20466 |
Keda Clean Energy Co Ltd
SHG:600499 |
94.4% |
CN¥16.71 Billion
≈ $2.45 Billion |
CN¥941.69 Million | China | Mar 2026 |
| 20467 |
KEDA INDL GRP.C.LTD GDR A
F:T0T |
94.4% |
€16.71 Billion
≈ $19.54 Billion |
€941.69 Million | Germany | Mar 2026 |
| 20468 |
OTP Bank Nyrt
BUD:OTP |
94.4% |
Ft5.63 Trillion
≈ $17.47 Billion |
Ft317.15 Billion | Hungary | Dec 2025 |
| 20469 |
Lotte Rental Co Ltd
KO:089860 |
94.4% |
₩1.52 Trillion
≈ $1.03 Billion |
₩85.61 Billion | Korea | Sep 2025 |
| 20470 |
Falcon's Beyond Global, Inc. Class A Common Stock
NASDAQ:FBYD |
94.4% | $19.84 Million | $1.12 Million | USA | Sep 2025 |
| 20471 |
Shandong Fiberglass Group Co Ltd
SHG:605006 |
94.4% |
CN¥2.59 Billion
≈ $379.68 Million |
CN¥146.42 Million | China | Mar 2026 |
| 20472 |
Innolux Corp
TW:3481 |
94.4% |
NT$229.09 Billion
≈ $7.22 Billion |
NT$12.93 Billion | Taiwan | Mar 2026 |
| 20473 |
Apetit Oyj
HE:APETIT |
94.4% |
€111.60 Million
≈ $130.47 Million |
€6.30 Million | Finland | Dec 2025 |
| 20474 |
SDT Uzay ve Savunma Teknolojileri A.S.
IS:SDTTR |
94.4% |
TL2.31 Billion
≈ $51.78 Million |
TL130.54 Million | Turkey | Sep 2025 |
| 20475 |
Berentzen Gruppe AG
XETRA:BEZ |
94.4% |
€47.32 Million
≈ $55.32 Million |
€2.67 Million | Germany | Dec 2025 |
| 20476 |
Gascogne SA
PA:ALBI |
94.4% |
€210.84 Million
≈ $246.49 Million |
€11.91 Million | France | Jun 2025 |
| 20477 |
Jiangsu Boqian New Materials Stock Co Ltd
SHG:605376 |
94.3% |
CN¥1.65 Billion
≈ $241.06 Million |
CN¥93.10 Million | China | Sep 2025 |
| 20478 |
Avic Aviation High Technology Co Ltd
SHG:600862 |
94.3% |
CN¥7.89 Billion
≈ $1.15 Billion |
CN¥445.63 Million | China | Sep 2025 |
| 20479 |
Samart Telcoms Public Company Limited
BK:SAMTEL |
94.3% |
฿3.58 Billion
≈ $111.44 Million |
฿202.08 Million | Thailand | Sep 2025 |
| 20480 |
Pharmaron Beijing Co Ltd
SHE:300759 |
94.3% |
CN¥15.18 Billion
≈ $2.22 Billion |
CN¥858.65 Million | China | Sep 2025 |
| 20481 |
Pinar Sut Mamulleri Sanayi AS
IS:PNSUT |
94.3% |
TL10.95 Billion
≈ $245.22 Million |
TL619.35 Million | Turkey | Dec 2025 |
| 20482 |
All Winner Technology Co Ltd
SHE:300458 |
94.3% |
CN¥3.32 Billion
≈ $485.80 Million |
CN¥187.86 Million | China | Mar 2026 |
| 20483 |
Dignitana AB
ST:DIGN |
94.3% |
Skr4.29 Million
≈ $462.10K |
Skr243.00K | Sweden | Mar 2025 |
| 20484 |
Western Metal Materials Co Ltd
SHE:002149 |
94.3% |
CN¥3.46 Billion
≈ $506.51 Million |
CN¥195.89 Million | China | Sep 2025 |
| 20485 |
Xiamen Xiangyu Co Ltd
SHG:600057 |
94.3% |
CN¥37.88 Billion
≈ $5.54 Billion |
CN¥2.14 Billion | China | Jun 2025 |
| 20486 |
CN YUH.ED.CORP. HD-00001
F:2YU |
94.3% |
€8.84 Billion
≈ $10.33 Billion |
€500.38 Million | Germany | Aug 2025 |
| 20487 |
Hangzhou Coco Healthcare Products Co.Ltd.
SHE:301009 |
94.3% |
CN¥1.41 Billion
≈ $206.56 Million |
CN¥79.92 Million | China | Sep 2025 |
| 20488 |
Sihui Fuji Electronics Technology Co Ltd
SHE:300852 |
94.3% |
CN¥2.25 Billion
≈ $329.16 Million |
CN¥127.37 Million | China | Mar 2026 |
| 20489 |
FORTEC Elektronik AG
F:FEV |
94.3% |
€56.23 Million
≈ $65.73 Million |
€3.18 Million | Germany | Dec 2025 |
| 20490 |
Pro Medicus Ltd
AU:PME |
94.3% |
AU$388.93 Million
≈ $275.19 Million |
AU$22.03 Million | Australia | Dec 2025 |
| 20491 |
China Railway Materials Co Ltd
SHE:000927 |
94.3% |
CN¥10.82 Billion
≈ $1.58 Billion |
CN¥613.05 Million | China | Mar 2026 |
| 20492 |
Jiangsu Pacific Precision
SHE:300258 |
94.3% |
CN¥4.74 Billion
≈ $693.92 Million |
CN¥268.68 Million | China | Sep 2025 |
| 20493 |
C*Core Technology Co Ltd
SHG:688262 |
94.3% |
CN¥1.93 Billion
≈ $282.01 Million |
CN¥109.23 Million | China | Mar 2026 |
| 20494 |
Qinghai Jinrui Mineral Development Co Ltd
SHG:600714 |
94.3% |
CN¥768.64 Million
≈ $112.48 Million |
CN¥43.59 Million | China | Sep 2025 |
| 20495 |
Einhell Germany AG
F:EIN |
94.3% |
€474.39 Million
≈ $554.61 Million |
€26.90 Million | Germany | Dec 2025 |
| 20496 |
Vinh Hoan Corp
VN:VHC |
94.3% |
₫10.33 Trillion
≈ $392.51 Million |
₫586.18 Billion | Vietnam | Mar 2026 |
| 20497 |
Tellgen Corp
SHE:300642 |
94.3% |
CN¥1.47 Billion
≈ $215.80 Million |
CN¥83.69 Million | China | Mar 2026 |
| 20498 |
Starwood Property Trust Inc
NYSE:STWD |
94.3% | $7.57 Billion | $429.82 Million | USA | Sep 2025 |
| 20499 |
North Industries Group Red Arrow Co Ltd
SHE:000519 |
94.3% |
CN¥10.52 Billion
≈ $1.54 Billion |
CN¥597.10 Million | China | Mar 2026 |
| 20500 |
Titon Holdings Plc
LSE:TON |
94.3% |
GBX10.66 Million
≈ $1.30K |
GBX605.00K | UK | Mar 2026 |