Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

93.8%
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
21001 Shandong Minhe Animal Husbandry Co Ltd
SHE:002234 		93.9% CN¥1.69 Billion
≈ $247.53 Million 		CN¥103.98 Million China Mar 2026
21002 ESV Inc
KQ:223310 		93.8% ₩6.84 Billion
≈ $4.64 Million 		₩420.78 Million Korea Mar 2026
21003 Mahanagar Gas Limited
NSE:MGL 		93.8% Rs64.42 Billion
≈ $696.63 Million 		Rs3.96 Billion India Mar 2026
21004 Zhejiang Fenglong Electric Co Ltd Class A
SHE:002931 		93.8% CN¥954.41 Million
≈ $139.66 Million 		CN¥58.71 Million China Mar 2026
21005 Shenzhen Xinyichang Technology Co. Ltd. A
SHG:688383 		93.8% CN¥1.37 Billion
≈ $200.22 Million 		CN¥84.17 Million China Sep 2025
21006 Visual China Group Co Ltd
SHE:000681 		93.8% CN¥3.66 Billion
≈ $535.41 Million 		CN¥225.21 Million China Sep 2025
21007 COVESTRO AG SP.ADR 1/2
F:1CO1 		93.8% €7.02 Billion
≈ $8.20 Billion 		€432.00 Million Germany Dec 2025
21008 HAL Trust
AS:HAL 		93.8% €17.74 Billion
≈ $20.74 Billion 		€1.09 Billion Netherlands Dec 2025
21009 Melisron
TA:MLSR 		93.8% ILA14.00 Billion
≈ $37.53 Million 		ILA862.00 Million Israel Mar 2026
21010 Victory Square Technologies Inc
F:6F6 		93.8% €45.97 Million
≈ $53.74 Million 		€2.83 Million Germany Mar 2026
21011 XiAn Global Printing Co Ltd
SHE:002799 		93.8% CN¥1.32 Billion
≈ $192.67 Million 		CN¥81.14 Million China Sep 2025
21012 Centaurus Energy Inc
V:CTA 		93.8% CA$6.46 Million
≈ $4.67 Million 		CA$398.00K Canada Sep 2025
21013 Piper Sandler Companies
NYSE:PIPR 		93.8% $1.57 Billion $96.62 Million USA Jun 2026
21014 CENTAURUS ENERGY INC.
F:72M0 		93.8% €6.52 Million
≈ $7.62 Million 		€402.00K Germany Mar 2026
21015 Action SA
WAR:ACT 		93.8% zł388.17 Million
≈ $106.83 Million 		zł23.94 Million Poland Mar 2026
21016 Easyhome New Retail Group Co Ltd
SHE:000785 		93.8% CN¥19.82 Billion
≈ $2.90 Billion 		CN¥1.22 Billion China Mar 2026
21017 Locality Planning Energy Holdings Ltd
AU:LPE 		93.8% AU$8.82 Million
≈ $6.24 Million 		AU$544.18K Australia Dec 2025
21018 Ye Chiu Metal Recycling China Ltd
SHG:601388 		93.8% CN¥4.69 Billion
≈ $686.26 Million 		CN¥289.23 Million China Mar 2026
21019 Zillow Group Inc
NASDAQ:ZG 		93.8% $4.41 Billion $272.00 Million USA Mar 2026
21020 PTT Public Company Limited
F:PTOG 		93.8% €1.74 Trillion
≈ $2.03 Trillion 		€107.30 Billion Germany Mar 2026
21021 PTT Public Company Limited
BK:PTT 		93.8% ฿1.74 Trillion
≈ $54.19 Billion 		฿107.30 Billion Thailand Mar 2026
21022 Shandong Donghong Pipe Ind Co
SHG:603856 		93.8% CN¥2.71 Billion
≈ $396.54 Million 		CN¥167.32 Million China Sep 2025
21023 Nano Labs Ltd
NASDAQ:NA 		93.8% $740.90 Million $45.76 Million USA Mar 2026
21024 Centrale d'Achat Française pour l'Outre-Mer Société Anonyme
PA:CAFO 		93.8% €152.17 Million
≈ $177.90 Million 		€9.40 Million France Sep 2024
21025 Shenzhen Kangtai Biological Products Co Ltd
SHE:300601 		93.8% CN¥9.67 Billion
≈ $1.41 Billion 		CN¥597.34 Million China Mar 2026
21026 IBKS No2 SPAC
KQ:204840 		93.8% ₩19.80 Billion
≈ $13.42 Million 		₩1.22 Billion Korea Mar 2026
21027 Here Group Limited
NASDAQ:HERE 		93.8% $1.02 Billion $62.93 Million USA Mar 2026
21028 GUILD ESPORTS PLC LS-001
F:GU0 		93.8% Annual €3.56 Million
≈ $4.16 Million 		€220.00K Germany Sep 2022
21029 Guangdong Tengen Industrial Group C
SHE:003003 		93.8% CN¥1.32 Billion
≈ $192.56 Million 		CN¥81.39 Million China Mar 2026
21030 The Bank of New York Mellon Corporation
NYSE:BNY 		93.8% $45.26 Billion $2.80 Billion USA Jun 2026
21031 NICE Holdings Co. Ltd
KO:034310 		93.8% ₩1.40 Trillion
≈ $951.80 Million 		₩86.89 Billion Korea Dec 2025
21032 Zhejiang Golden Eagle Co Ltd
SHG:600232 		93.8% CN¥1.08 Billion
≈ $157.75 Million 		CN¥66.71 Million China Mar 2026
21033 Chengdu Lihang Technology Co.Ltd.
SHG:603261 		93.8% CN¥513.57 Million
≈ $75.15 Million 		CN¥31.79 Million China Mar 2026
21034 Devernois SA
PA:ALDEV 		93.8% €9.72 Million
≈ $11.37 Million 		€602.00K France Dec 2025
21035 Sphere 3D Corp
NASDAQ:ANY 		93.8% $20.00 Million $1.24 Million USA Mar 2026
21036 Shanxi Taigang Stainless Steel Co Ltd
SHE:000825 		93.8% CN¥35.08 Billion
≈ $5.13 Billion 		CN¥2.17 Billion China Mar 2026
21037 ITM Power
LSE:ITM 		93.8% GBX210.58 Million
≈ $25.62K 		GBX13.05 Million UK Oct 2025
21038 Lightspeed Commerce Inc
TO:LSPD 		93.8% CA$1.50 Billion
≈ $1.08 Billion 		CA$92.94 Million Canada Dec 2025
21039 Wuxi Longsheng Technology Co Ltd
SHE:300680 		93.8% CN¥2.23 Billion
≈ $325.94 Million 		CN¥138.12 Million China Mar 2026
21040 Ningxia Western Venture Industrial Co Ltd
SHE:000557 		93.8% CN¥6.37 Billion
≈ $931.63 Million 		CN¥394.85 Million China Sep 2025
21041 GREEN CROSS WellBeing Corporation
KQ:234690 		93.8% ₩107.17 Billion
≈ $72.63 Million 		₩6.65 Billion Korea Mar 2026
21042 Vanjee Technology Co Ltd
SHE:300552 		93.8% CN¥1.81 Billion
≈ $265.58 Million 		CN¥112.66 Million China Sep 2025
21043 Aurora Cannabis Inc
NASDAQ:ACB 		93.8% $527.36 Million $32.75 Million USA Jun 2026
21044 Gulf Oil Lubricants India Limited
NSE:GULFOILLUB 		93.8% Rs15.84 Billion
≈ $171.28 Million 		Rs983.59 Million India Mar 2026
21045 N Citron Inc
KQ:101400 		93.8% ₩35.95 Billion
≈ $24.36 Million 		₩2.23 Billion Korea Mar 2026
21046 Amedisys Inc
NASDAQ:AMED 		93.8% $1.27 Billion $79.24 Million USA Jun 2025
21047 BaoMinh Insurance Corp
VN:BMI 		93.8% ₫2.93 Trillion
≈ $111.31 Million 		₫182.14 Billion Vietnam Dec 2025
21048 ePlus inc
NASDAQ:PLUS 		93.8% $1.06 Billion $66.11 Million USA Dec 2025
21049 Ikapharmindo Putramas Tbk.
JK:IKPM 		93.8% Rp236.96 Billion
≈ $13.89 Million 		Rp14.73 Billion Indonesia Jun 2025
21050 Exco Technologies Limited
TO:XTC 		93.8% CA$407.25 Million
≈ $294.60 Million 		CA$25.32 Million Canada Sep 2025
21051 AMTD IDEA Group
NYSE:AMTD 		93.8% $1.91 Billion $119.10 Million USA Mar 2026
21052 Banco Do Brasil SA
F:BZLA 		93.8% €193.57 Billion
≈ $226.30 Billion 		€12.05 Billion Germany Dec 2025
21053 Tianjin Ruixin Technology Co Ltd
SHE:300828 		93.8% CN¥778.62 Million
≈ $113.94 Million 		CN¥48.51 Million China Sep 2025
21054 Intuitive Surgical Inc
NASDAQ:ISRG 		93.8% $18.30 Billion $1.14 Billion USA Jun 2026
21055 Guizhou Redstar Developing Co Ltd
SHG:600367 		93.8% CN¥2.77 Billion
≈ $405.03 Million 		CN¥172.47 Million China Mar 2026
21056 Fujian Fynex Textile Science & Technology Co Ltd
SHG:600493 		93.8% CN¥1.12 Billion
≈ $164.46 Million 		CN¥70.03 Million China Sep 2025
21057 Teqnion AB
ST:TEQ 		93.8% Skr984.70 Million
≈ $105.97 Million 		Skr61.40 Million Sweden Jun 2026
21058 Elite Color Environmental Resources 
SHE:002998 		93.8% CN¥1.81 Billion
≈ $264.62 Million 		CN¥112.76 Million China Jun 2026
21059 Excite Technology Services Ltd
AU:EXT 		93.8% AU$158.70K
≈ $112.29K 		AU$9.90K Australia Sep 2024
21060 Suzhou Wanxiang Technology Co. Ltd.
SHE:301180 		93.8% CN¥1.37 Billion
≈ $200.82 Million 		CN¥85.60 Million China Sep 2025
21061 Wasko S.A.
WAR:WAS 		93.8% zł261.07 Million
≈ $71.85 Million 		zł16.29 Million Poland Sep 2025
21062 Fuchs Petrolub SE
XETRA:FPE 		93.8% €2.05 Billion
≈ $2.40 Billion 		€128.00 Million Germany Jun 2026
21063 Beijing BDStar Navigation Co Ltd
SHE:002151 		93.8% CN¥5.40 Billion
≈ $790.41 Million 		CN¥337.14 Million China Sep 2025
21064 Chin Yang Ind
KO:003780 		93.8% ₩64.94 Billion
≈ $44.01 Million 		₩4.05 Billion Korea Mar 2026
21065 Aeva Technologies, Inc. Common Stock
NASDAQ:AEVA 		93.8% $13.21 Million $825.00K USA Dec 2025
21066 ChengDu Hi-Tech Development Co Ltd
SHE:000628 		93.8% CN¥2.21 Billion
≈ $323.02 Million 		CN¥137.89 Million China Sep 2025
21067 Canadian Pacific Railway Ltd
TO:CP 		93.8% CA$47.61 Billion
≈ $34.44 Billion 		CA$2.97 Billion Canada Jun 2026
21068 Spectur Ltd
AU:SP3 		93.8% AU$2.17 Million
≈ $1.54 Million 		AU$135.64K Australia Dec 2025
21069 Shenzhen Center Power Tech Co Ltd
SHE:002733 		93.7% CN¥2.82 Billion
≈ $412.65 Million 		CN¥176.29 Million China Mar 2026
21070 Henan Zhongfu Industrial Co Ltd
SHG:600595 		93.7% CN¥18.22 Billion
≈ $2.67 Billion 		CN¥1.14 Billion China Jun 2026
21071 Aydem Yenilenebilir Enerji AS
IS:AYDEM 		93.7% TL41.07 Billion
≈ $919.89 Million 		TL2.57 Billion Turkey Mar 2026
21072 Sichuan Lutianhua Co Ltd
SHE:000912 		93.7% CN¥6.35 Billion
≈ $929.03 Million 		CN¥397.22 Million China Mar 2026
21073 NSC Groupe SA
PA:ALNSC 		93.7% €43.57 Million
≈ $50.94 Million 		€2.73 Million France Dec 2025
21074 Shenzhen Bestek Technology Co Ltd
SHE:300822 		93.7% CN¥1.24 Billion
≈ $182.03 Million 		CN¥77.90 Million China Sep 2025
21075 Jiangxi Selon Industrial Co Ltd
SHE:002748 		93.7% CN¥1.43 Billion
≈ $209.10 Million 		CN¥89.49 Million China Mar 2026
21076 Shanghai Fullhan Microelectronics Co Ltd
SHE:300613 		93.7% CN¥3.02 Billion
≈ $442.46 Million 		CN¥189.39 Million China Sep 2025
21077 Cyclopharm Ltd
AU:CYC 		93.7% AU$27.11 Million
≈ $19.18 Million 		AU$1.70 Million Australia Dec 2025
21078 Ningbo Zhenyu Technology Co. Ltd.
SHE:300953 		93.7% CN¥4.28 Billion
≈ $626.42 Million 		CN¥268.26 Million China Sep 2025
21079 SEP Analytical (Shanghai) Co. Ltd.
SHE:301228 		93.7% CN¥606.89 Million
≈ $88.81 Million 		CN¥38.03 Million China Mar 2026
21080 ChoiceOne Financial Services Inc
NASDAQ:COFS 		93.7% $470.00 Million $29.46 Million USA Mar 2026
21081 Grupo Catalana Occidente
MC:GCO 		93.7% €6.67 Billion
≈ $7.79 Billion 		€418.07 Million Spain Jun 2025
21082 Lanpec Technologies Ltd
SHG:601798 		93.7% CN¥1.28 Billion
≈ $187.38 Million 		CN¥80.32 Million China Sep 2025
21083 AQUILA PART PROD COM
RO:AQ 		93.7% RON512.17 Million
≈ $117.60 Million 		RON32.13 Million Romania Sep 2025
21084 Crown Capital Partners Inc
TO:CRWN 		93.7% CA$22.20 Million
≈ $16.06 Million 		CA$1.39 Million Canada Dec 2025
21085 Yantai Yatong Precision Mechanical Corp. A
SHG:603190 		93.7% CN¥2.26 Billion
≈ $330.84 Million 		CN¥141.89 Million China Mar 2026
21086 Keyrus SA
PA:ALKEY 		93.7% €60.72 Million
≈ $70.99 Million 		€3.81 Million France Dec 2025
21087 SIG plc
LSE:SHI 		93.7% GBX148.10 Million
≈ $18.02K 		GBX9.30 Million UK Jun 2025
21088 SHELL PLC WI ADR/2
F:L3H 		93.7% €175.32 Billion
≈ $204.97 Billion 		€11.01 Billion Germany Dec 2025
21089 Aurora Cannabis Inc
TO:ACB 		93.7% CA$567.83 Million
≈ $410.76 Million 		CA$35.66 Million Canada Dec 2025
21090 Viyash Scientific Limited
NSE:SEQUENT 		93.7% Rs8.87 Billion
≈ $95.87 Million 		Rs557.20 Million India Sep 2025
21091 Magontec Ltd
AU:MGL 		93.7% AU$46.72 Million
≈ $33.06 Million 		AU$2.94 Million Australia Dec 2025
21092 HODL SPAC EUROPE AB
F:NW1 		93.7% €31.79 Million
≈ $37.16 Million 		€2.00 Million Germany Dec 2025
21093 Capitalonline Data Service Co Ltd
SHE:300846 		93.7% CN¥852.29 Million
≈ $124.72 Million 		CN¥53.62 Million China Dec 2025
21094 Oron Group Investments & Holdings Ltd
TA:ORON 		93.7% ILA235.83 Million
≈ $632.25K 		ILA14.84 Million Israel Sep 2025
21095 ShuYu Civilian Pharmacy Corp. Ltd.
SHE:301017 		93.7% CN¥2.30 Billion
≈ $337.01 Million 		CN¥144.95 Million China Mar 2026
21096 Mangata Holding S.A.
WAR:MGT 		93.7% zł549.42 Million
≈ $151.21 Million 		zł34.60 Million Poland Mar 2026
21097 Ryerson Holding Corporation
NYSE:RYZ 		93.7% $1.30 Billion $81.80 Million USA Jun 2026
21098 Zhejiang Jindun Fans Co Ltd
SHE:300411 		93.7% CN¥994.90 Million
≈ $145.59 Million 		CN¥62.66 Million China Sep 2025
21099 Mustek Ltd
JSE:MST 		93.7% ZAC1.55 Billion
≈ $826.14K 		ZAC97.92 Million South Africa Jun 2025
21100 Guangdong Golden Dragon Development Inc
SHE:000712 		93.7% CN¥4.71 Billion
≈ $688.69 Million 		CN¥296.55 Million China Mar 2026