Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

94.1%
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
20601 Air Liquide SA
PA:AI 		94.2% €26.95 Billion
≈ $31.50 Billion 		€1.56 Billion France Dec 2025
20602 AIR LIQUIDE ADR 1/5/EO 11
F:AILA 		94.2% €26.95 Billion
≈ $31.50 Billion 		€1.56 Billion Germany Dec 2025
20603 3SBio Inc
F:83B 		94.2% €30.44 Billion
≈ $35.58 Billion 		€1.76 Billion Germany Dec 2025
20604 Chung-Hsin Electric & Machinery Mfg Corp
TW:1513 		94.2% NT$21.88 Billion
≈ $689.22 Million 		NT$1.27 Billion Taiwan Mar 2026
20605 Xiaomi Corporation
F:3CP 		94.2% €252.86 Billion
≈ $295.62 Billion 		€14.66 Billion Germany Jun 2025
20606 Guizhou Zhenhua E chem Inc
SHG:688707 		94.2% CN¥3.89 Billion
≈ $569.51 Million 		CN¥225.81 Million China Mar 2026
20607 PT Super Bank Indonesia Tbk
JK:SUPA 		94.2% Rp8.10 Trillion
≈ $474.81 Million 		Rp470.23 Billion Indonesia Mar 2026
20608 Labo Print SA
WAR:LAB 		94.2% zł57.43 Million
≈ $15.81 Million 		zł3.33 Million Poland Mar 2025
20609 Siegfried Holding Ltd
SW:SFZN 		94.2% CHF1.02 Billion
≈ $1.29 Billion 		CHF59.34 Million Switzerland Jun 2025
20610 WESTLIFE FOODWORLD LIMITED
NSE:WESTLIFE 		94.2% Rs6.23 Billion
≈ $67.38 Million 		Rs361.70 Million India Sep 2025
20611 Camden National Corporation
NASDAQ:CAC 		94.2% $710.01 Million $41.23 Million USA Mar 2026
20612 UPM-Kymmene Oyj
HE:UPM 		94.2% €10.33 Billion
≈ $12.08 Billion 		€600.00 Million Finland Jun 2025
20613 Henan Yicheng New Energy Co Ltd
SHE:300080 		94.2% CN¥4.96 Billion
≈ $726.09 Million 		CN¥288.25 Million China Mar 2026
20614 Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998 		94.2% CN¥1.40 Billion
≈ $204.39 Million 		CN¥81.15 Million China Mar 2026
20615 Commerzbank AG
XETRA:CBK 		94.2% €32.16 Billion
≈ $37.60 Billion 		€1.87 Billion Germany Mar 2026
20616 Mesnac Co Ltd
SHE:002073 		94.2% CN¥6.49 Billion
≈ $950.38 Million 		CN¥377.45 Million China Sep 2025
20617 Real Brokerage Inc
NASDAQ:REAX 		94.2% $65.58 Million $3.81 Million USA Mar 2026
20618 Kuang Chi Technologies Co Ltd
SHE:002625 		94.2% CN¥9.54 Billion
≈ $1.40 Billion 		CN¥554.72 Million China Sep 2025
20619 Northwest Pipe Company
NASDAQ:NWPX 		94.2% $403.73 Million $23.48 Million USA Mar 2026
20620 Sichuan Tuopai Shede Wine Co Ltd
SHG:600702 		94.2% CN¥7.38 Billion
≈ $1.08 Billion 		CN¥429.26 Million China Mar 2026
20621 SICHUAN ENG.INV.DEV.H YC1
F:84H 		94.2% €3.83 Billion
≈ $4.48 Billion 		€222.88 Million Germany Dec 2025
20622 Cipla Limited
NSE:CIPLA 		94.2% Rs330.25 Billion
≈ $3.57 Billion 		Rs19.23 Billion India Sep 2025
20623 Smurfit WestRock plc
NYSE:SW 		94.2% $18.46 Billion $1.07 Billion USA Sep 2025
20624 Tibet Cheezheng Tibetan Medicine Co Ltd
SHE:002287 		94.2% CN¥5.09 Billion
≈ $744.59 Million 		CN¥296.54 Million China Mar 2026
20625 Kirloskar Oil Engines Limited
NSE:KIRLOSENG 		94.2% Rs35.75 Billion
≈ $386.64 Million 		Rs2.08 Billion India Mar 2026
20626 Azrieli Group Ltd
TA:AZRG 		94.2% ILA25.32 Billion
≈ $67.87 Million 		ILA1.48 Billion Israel Dec 2025
20627 Roblox Corp
NYSE:RBLX 		94.2% $390.24 Million $22.78 Million USA Sep 2025
20628 C&S Paper Co Ltd
SHE:002511 		94.2% CN¥5.51 Billion
≈ $806.03 Million 		CN¥321.59 Million China Sep 2025
20629 China Film Co Ltd
SHG:600977 		94.2% CN¥11.42 Billion
≈ $1.67 Billion 		CN¥666.99 Million China Mar 2026
20630 Ouster, Inc. Common Stock
NYSE:OUST 		94.2% $247.44 Million $14.45 Million USA Sep 2025
20631 Alliance Financial Group Bhd
KLSE:2488 		94.2% RM8.61 Billion
≈ $2.16 Billion 		RM502.80 Million Malaysia Sep 2025
20632 JYP Entertainment Corporation
KQ:035900 		94.2% ₩624.95 Billion
≈ $423.52 Million 		₩36.51 Billion Korea Dec 2025
20633 Metro Investment Development Co Ltd
SHG:600683 		94.2% CN¥4.24 Billion
≈ $619.80 Million 		CN¥247.47 Million China Mar 2026
20634 Melon SA
SN:MELON 		94.2% CL$198.57 Billion
≈ $222.07 Million 		CL$11.60 Billion Chile Dec 2025
20635 Novacyt
PA:ALNOV 		94.2% €23.34 Million
≈ $27.29 Million 		€1.36 Million France Dec 2025
20636 Enbridge Inc
TO:ENB 		94.2% CA$95.58 Billion
≈ $69.14 Billion 		CA$5.59 Billion Canada Mar 2026
20637 Primotec Group Ltd
TA:PRMG 		94.2% ILA161.93 Million
≈ $434.12K 		ILA9.47 Million Israel Mar 2026
20638 SK Bioscience Co Ltd
KO:302440 		94.2% ₩2.07 Trillion
≈ $1.41 Billion 		₩121.30 Billion Korea Sep 2025
20639 Solvar Ltd
AU:SVR 		94.2% AU$341.12 Million
≈ $241.37 Million 		AU$19.95 Million Australia Dec 2025
20640 Ningxia Qinglong Pipes Industry Co Ltd
SHE:002457 		94.2% CN¥2.76 Billion
≈ $404.21 Million 		CN¥161.54 Million China Mar 2026
20641 Bank of Montreal
TO:BMO 		94.2% CA$85.75 Billion
≈ $62.03 Billion 		CA$5.01 Billion Canada Jan 2026
20642 CHN Energy Changyuan Electric Power Co Ltd
SHE:000966 		94.2% CN¥13.77 Billion
≈ $2.01 Billion 		CN¥805.16 Million China Mar 2026
20643 CRISIL Limited
NSE:CRISIL 		94.1% Rs28.17 Billion
≈ $304.60 Million 		Rs1.65 Billion India Jun 2025
20644 Hainan Strait Shipping Co Ltd
SHE:002320 		94.1% CN¥6.36 Billion
≈ $930.99 Million 		CN¥372.40 Million China Mar 2026
20645 Kimberly-Clark Corporation
NYSE:KMB 		94.1% $1.33 Billion $78.00 Million USA Sep 2025
20646 Flex Ltd
F:FXI 		94.1% €5.12 Billion
≈ $5.99 Billion 		€300.00 Million Germany Dec 2025
20647 Jiangsu Yuxing Film Tech
SHE:300305 		94.1% CN¥2.01 Billion
≈ $294.17 Million 		CN¥117.79 Million China Mar 2026
20648 HaiXin Foods Co Ltd
SHE:002702 		94.1% CN¥1.08 Billion
≈ $157.56 Million 		CN¥63.09 Million China Sep 2025
20649 Is Yatirim Menkul Degerler AS
IS:ISMEN 		94.1% TL33.41 Billion
≈ $748.32 Million 		TL1.96 Billion Turkey Sep 2025
20650 Vátryggingafélag Íslands hf
IC:SKAGI 		94.1% Ikr21.17 Billion
≈ $172.61 Million 		Ikr1.24 Billion Iceland Dec 2023
20651 Guanghui Logistics Co Ltd
SHG:600603 		94.1% CN¥7.83 Billion
≈ $1.15 Billion 		CN¥459.22 Million China Mar 2026
20652 GemVax&KAEL Co.Ltd
KQ:082270 		94.1% ₩57.23 Billion
≈ $38.78 Million 		₩3.36 Billion Korea Dec 2025
20653 Daesang Holdings Co Ltd
KO:084690 		94.1% ₩1.69 Trillion
≈ $1.14 Billion 		₩98.97 Billion Korea Sep 2025
20654 Goldcup Electric Apparatus Co Ltd
SHE:002533 		94.1% CN¥4.81 Billion
≈ $703.97 Million 		CN¥282.15 Million China Sep 2025
20655 Shandong Fengyuan Chemical Co Ltd
SHE:002805 		94.1% CN¥1.68 Billion
≈ $245.66 Million 		CN¥98.49 Million China Mar 2026
20656 Shandong Teamgene Technology Co. Ltd. A
SHG:603151 		94.1% CN¥1.44 Billion
≈ $210.69 Million 		CN¥84.47 Million China Jun 2025
20657 Xinjiang Guannong Fruit & Antler Group Co Ltd
SHG:600251 		94.1% CN¥4.22 Billion
≈ $618.22 Million 		CN¥247.91 Million China Mar 2026
20658 Jiugui Liquor Co Ltd
SHE:000799 		94.1% CN¥3.77 Billion
≈ $551.86 Million 		CN¥221.31 Million China Mar 2026
20659 Changsha DIALINE New Material Sci & Tech Co Ltd
SHE:300700 		94.1% CN¥874.72 Million
≈ $128.00 Million 		CN¥51.35 Million China Sep 2025
20660 Lingotes
MC:LGT 		94.1% €44.09 Million
≈ $51.55 Million 		€2.59 Million Spain Jun 2025
20661 Dalian Bio-Chem Co Ltd
SHG:603360 		94.1% CN¥2.05 Billion
≈ $300.49 Million 		CN¥120.57 Million China Mar 2026
20662 HeiTech Padu Bhd
KLSE:5028 		94.1% RM237.15 Million
≈ $59.54 Million 		RM13.92 Million Malaysia Dec 2025
20663 Aluko Co Ltd
KO:001780 		94.1% ₩388.01 Billion
≈ $262.95 Million 		₩22.79 Billion Korea Jun 2025
20664 Anji Foodstuff Co Ltd
SHG:603696 		94.1% CN¥570.87 Million
≈ $83.54 Million 		CN¥33.52 Million China Jun 2025
20665 Audeara Ltd
AU:AUA 		94.1% AU$871.52K
≈ $616.66K 		AU$51.19K Australia Dec 2025
20666 CWB Automotive Electronics Co Ltd
SHG:605005 		94.1% CN¥2.13 Billion
≈ $311.31 Million 		CN¥124.99 Million China Mar 2026
20667 SaraminHR Co.Ltd
KQ:143240 		94.1% ₩184.50 Billion
≈ $125.03 Million 		₩10.84 Billion Korea Sep 2025
20668 Darbond Technology Co. Ltd. A
SHG:688035 		94.1% CN¥2.39 Billion
≈ $350.07 Million 		CN¥140.63 Million China Mar 2026
20669 Bharat Dynamics Limited
NSE:BDL 		94.1% Rs42.17 Billion
≈ $456.07 Million 		Rs2.48 Billion India Sep 2025
20670 Brightstar Lottery PLC
NYSE:BRSL 		94.1% $2.11 Billion $124.00 Million USA Mar 2026
20671 Sejal Glass Limited
NSE:SEJALLTD 		94.1% Rs1.52 Billion
≈ $16.45 Million 		Rs89.43 Million India Mar 2026
20672 Aecc Aero Engine Control Co Ltd
SHE:000738 		94.1% CN¥13.62 Billion
≈ $1.99 Billion 		CN¥800.70 Million China Mar 2026
20673 Zhejiang Wanma Co Ltd
SHE:002276 		94.1% CN¥6.13 Billion
≈ $896.48 Million 		CN¥360.42 Million China Sep 2025
20674 Changzhou Tenglong Auto Parts
SHG:603158 		94.1% CN¥2.60 Billion
≈ $380.16 Million 		CN¥152.85 Million China Sep 2025
20675 Idorsia Ltd
SW:IDIA 		94.1% CHF104.20 Million
≈ $131.74 Million 		CHF6.13 Million Switzerland Dec 2021
20676 Chongqing Fuling Zhacai Group Co Ltd
SHE:002507 		94.1% CN¥8.89 Billion
≈ $1.30 Billion 		CN¥522.85 Million China Sep 2025
20677 Welcron Company Limited
KQ:065950 		94.1% ₩60.40 Billion
≈ $40.93 Million 		₩3.55 Billion Korea Dec 2025
20678 Henan Yuguang Gold & Lead Co Ltd
SHG:600531 		94.1% CN¥7.10 Billion
≈ $1.04 Billion 		CN¥418.06 Million China Mar 2026
20679 Guangdong Transtek Medical Electronics Co Ltd
SHE:300562 		94.1% CN¥992.41 Million
≈ $145.22 Million 		CN¥58.44 Million China Sep 2025
20680 TALKPOOL AG SF-05
F:TKPL 		94.1% €2.13 Million
≈ $2.49 Million 		€125.54K Germany Dec 2025
20681 Svitzer Group A/S
CO:SVITZR 		94.1% Dkr6.80 Billion
≈ $1.06 Billion 		Dkr401.00 Million Denmark Jun 2024
20682 Upwork Inc
NASDAQ:UPWK 		94.1% $630.32 Million $37.16 Million USA Dec 2025
20683 Zhejiang MustangBattery Co.Ltd
SHG:605378 		94.1% CN¥1.24 Billion
≈ $182.12 Million 		CN¥73.39 Million China Mar 2026
20684 Avicopter PLC
SHG:600038 		94.1% CN¥17.36 Billion
≈ $2.54 Billion 		CN¥1.02 Billion China Sep 2025
20685 Thai Setakij Insurance PCL
BK:TSI 		94.1% ฿214.05 Million
≈ $6.67 Million 		฿12.63 Million Thailand Sep 2025
20686 Sichuan Troy Information Technology Co Ltd
SHE:300366 		94.1% CN¥1.53 Billion
≈ $224.33 Million 		CN¥90.43 Million China Jun 2025
20687 United Rentals Inc
NYSE:URI 		94.1% $9.00 Billion $531.00 Million USA Sep 2025
20688 FENIX Resources Ltd
AU:FEX 		94.1% AU$177.77 Million
≈ $125.78 Million 		AU$10.49 Million Australia Jun 2025
20689 Xinjiang Hejin Holding Co Ltd
SHE:000633 		94.1% CN¥208.90 Million
≈ $30.57 Million 		CN¥12.33 Million China Sep 2025
20690 Tatry Mountain Resorts a.s.
PR:TMR 		94.1% Kč133.65 Million
≈ $6.41 Million 		Kč7.89 Million Czech Republic Oct 2025
20691 NanJing Sanchao Advanced Materials Co Ltd
SHE:300554 		94.1% CN¥511.40 Million
≈ $74.83 Million 		CN¥30.21 Million China Mar 2026
20692 Nicolet Bankshares Inc.
NYSE:NIC 		94.1% $2.26 Billion $133.35 Million USA Mar 2026
20693 Immutep Ltd ADR
NASDAQ:IMMP 		94.1% $98.90 Million $5.84 Million USA Dec 2025
20694 Immutep Limited
F:YP1A 		94.1% €98.90 Million
≈ $115.62 Million 		€5.84 Million Germany Dec 2025
20695 Novabase SGPS
LS:NBA 		94.1% €61.63 Million
≈ $72.06 Million 		€3.64 Million Portugal Dec 2025
20696 Wuxi Shangji Automation Co Ltd
SHG:603185 		94.1% CN¥11.80 Billion
≈ $1.73 Billion 		CN¥697.61 Million China Mar 2026
20697 Shenzhen Everbest Machinery Indus
SHE:002980 		94.1% CN¥1.13 Billion
≈ $165.47 Million 		CN¥66.86 Million China Mar 2026
20698 Masterflex SE
F:MZX 		94.1% €68.00 Million
≈ $79.50 Million 		€4.02 Million Germany Sep 2025
20699 Huida Sanitary Ware Co Ltd
SHG:603385 		94.1% CN¥3.60 Billion
≈ $527.35 Million 		CN¥213.09 Million China Mar 2026
20700 Norooholdings
KO:000320 		94.1% ₩793.48 Billion
≈ $537.73 Million 		₩46.93 Billion Korea Sep 2025