Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

93.5%
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
21201 Medience Co. LTD
KQ:014100 		93.6% ₩70.48 Billion
≈ $47.77 Million 		₩4.54 Billion Korea Mar 2026
21202 Qingdao Port International Co. Ltd
F:0QP 		93.6% €50.12 Billion
≈ $58.59 Billion 		€3.23 Billion Germany Dec 2025
21203 GOLFZON Co. Ltd
KQ:215000 		93.6% ₩467.13 Billion
≈ $316.56 Million 		₩30.13 Billion Korea Sep 2025
21204 Zhejiang Xinzhonggang Thermal Power Co Ltd
SHG:605162 		93.6% CN¥1.33 Billion
≈ $194.99 Million 		CN¥85.94 Million China Mar 2026
21205 Ningbo Runhe High-Tech Materials Co Ltd Class A
SHE:300727 		93.5% CN¥1.38 Billion
≈ $202.03 Million 		CN¥89.07 Million China Mar 2026
21206 Argentex Group PLC
LSE:AGFX 		93.5% GBX43.40 Million
≈ $5.28K 		GBX2.80 Million UK Dec 2024
21207 Allianz Malaysia Bhd
KLSE:1163PA 		93.5% RM6.49 Billion
≈ $1.63 Billion 		RM418.44 Million Malaysia Mar 2026
21208 Woory Industrial Co. Ltd
KQ:215360 		93.5% ₩117.52 Billion
≈ $79.64 Million 		₩7.59 Billion Korea Sep 2025
21209 Zhiyang Innovation Technology Co. Ltd. A
SHG:688191 		93.5% CN¥874.89 Million
≈ $128.02 Million 		CN¥56.48 Million China Sep 2025
21210 ICL Israel Chemicals Ltd
TA:ICL 		93.5% ILA6.24 Billion
≈ $16.74 Million 		ILA403.00 Million Israel Dec 2025
21211 Fibocom Wireless Inc
SHE:300638 		93.5% CN¥6.26 Billion
≈ $915.89 Million 		CN¥404.10 Million China Mar 2026
21212 Chongqing Zaisheng Tech Corp
SHG:603601 		93.5% CN¥2.32 Billion
≈ $339.99 Million 		CN¥150.02 Million China Sep 2025
21213 META WOLF AG INH O.N.
F:WOLF 		93.5% €75.11 Million
≈ $87.81 Million 		€4.85 Million Germany Jun 2025
21214 GoTo Gojek Tokopedia PT
JK:GOTO 		93.5% Rp29.10 Trillion
≈ $1.71 Billion 		Rp1.88 Trillion Indonesia Sep 2025
21215 TPI Composites Inc
NASDAQ:TPIC 		93.5% $50.49 Million $3.26 Million USA Dec 2022
21216 Per Aarsleff Holding A/S
CO:PAAL-B 		93.5% Dkr5.71 Billion
≈ $893.53 Million 		Dkr369.00 Million Denmark Dec 2025
21217 Zhengye Biotechnology Holding Limited Ordinary Shares
NASDAQ:ZYBT 		93.5% $352.54 Million $22.78 Million USA Jun 2025
21218 Uni-President Enterprises Corp
TW:1216 		93.5% NT$223.71 Billion
≈ $7.05 Billion 		NT$14.46 Billion Taiwan Mar 2026
21219 Hangzhou Great Star Industrial Co Ltd
SHE:002444 		93.5% CN¥19.24 Billion
≈ $2.81 Billion 		CN¥1.24 Billion China Sep 2025
21220 Watsco Inc
NYSE:WSO 		93.5% $3.21 Billion $207.90 Million USA Mar 2026
21221 Heren Health Co Ltd
SHE:300550 		93.5% CN¥1.17 Billion
≈ $171.36 Million 		CN¥75.75 Million China Mar 2026
21222 Dynamatic Technologies Limited
NSE:DYNAMATECH 		93.5% Rs7.65 Billion
≈ $82.73 Million 		Rs494.80 Million India Sep 2025
21223 Hangzhou Haoyue Personal Care Co Ltd
SHG:605009 		93.5% CN¥3.39 Billion
≈ $495.46 Million 		CN¥219.01 Million China Sep 2025
21224 Keystone Technology Co Ltd
SHG:605588 		93.5% CN¥945.84 Million
≈ $138.41 Million 		CN¥61.24 Million China Mar 2026
21225 Leifheit Aktiengesellschaft
F:LEI 		93.5% €92.93 Million
≈ $108.64 Million 		€6.02 Million Germany Dec 2025
21226 Nanning Baling Technology
SHE:002592 		93.5% CN¥981.49 Million
≈ $143.62 Million 		CN¥63.60 Million China Sep 2025
21227 Trigano S.A.
PA:TRI 		93.5% €2.08 Billion
≈ $2.43 Billion 		€134.90 Million France Aug 2025
21228 Bangyan Technology Co. Ltd. A
SHG:688132 		93.5% CN¥1.18 Billion
≈ $172.79 Million 		CN¥76.54 Million China Mar 2026
21229 Mercia Technologies PLC
LSE:MERC 		93.5% GBX187.91 Million
≈ $22.86K 		GBX12.18 Million UK Mar 2025
21230 Northstar Clean Technologies Inc
V:ROOF 		93.5% CA$1.20 Million
≈ $867.49K 		CA$77.74K Canada Sep 2024
21231 Gs Retail
KO:007070 		93.5% ₩3.25 Trillion
≈ $2.20 Billion 		₩210.55 Billion Korea Sep 2025
21232 Innuovo Technology Co Ltd Class A
SHE:000795 		93.5% CN¥2.61 Billion
≈ $382.64 Million 		CN¥169.61 Million China Sep 2025
21233 Suzhou Institute of Building Science Group Co Ltd
SHG:603183 		93.5% CN¥1.69 Billion
≈ $247.92 Million 		CN¥109.91 Million China Mar 2026
21234 Gan Yuan Foods Co Ltd
SHE:002991 		93.5% CN¥1.78 Billion
≈ $260.28 Million 		CN¥115.41 Million China Mar 2026
21235 Moving iMage Technologies Inc
NYSE MKT:MITQ 		93.5% $5.38 Million $349.00K USA Sep 2025
21236 Kumbi Corporation
KO:008870 		93.5% ₩124.99 Billion
≈ $84.71 Million 		₩8.12 Billion Korea Jun 2025
21237 Else Nutrition Holdings Inc
TO:BABY 		93.5% CA$1.75 Million
≈ $1.27 Million 		CA$114.00K Canada Dec 2024
21238 HPQ SILICON INC.
F:O08 		93.5% €39.92 Million
≈ $46.67 Million 		€2.59 Million Germany Dec 2025
21239 Zhejiang Tengen Electrics Co Ltd
SHG:605066 		93.5% CN¥1.76 Billion
≈ $257.87 Million 		CN¥114.49 Million China Jun 2025
21240 Hyundai Motor Securities Co. Ltd.
KO:001500 		93.5% ₩1.44 Trillion
≈ $974.52 Million 		₩93.43 Billion Korea Mar 2026
21241 PTT Public Company Limited
F:NVA3 		93.5% €1.65 Trillion
≈ $1.93 Trillion 		€107.42 Billion Germany Dec 2025
21242 Shandong Liancheng Precision Manufacturing Co Ltd Class A
SHE:002921 		93.5% CN¥1.35 Billion
≈ $197.50 Million 		CN¥87.83 Million China Mar 2026
21243 Agripower France Sa
PA:ALAGP 		93.5% €3.24 Million
≈ $3.79 Million 		€210.91K France Jun 2025
21244 NIPPON STEEL SP.ADR 033
F:NPSA 		93.5% €5.66 Trillion
≈ $6.62 Trillion 		€368.92 Billion Germany Sep 2025
21245 Fortis Inc
TO:FTS 		93.5% CA$27.46 Billion
≈ $19.87 Billion 		CA$1.79 Billion Canada Jun 2026
21246 ICF International Inc
NASDAQ:ICFI 		93.5% $1.05 Billion $68.41 Million USA Jun 2026
21247 Oricom Inc
KQ:010470 		93.5% ₩123.59 Billion
≈ $83.75 Million 		₩8.05 Billion Korea Sep 2025
21248 Spyrosoft Spólka Akcyjna
F:2NP 		93.5% €188.41 Million
≈ $220.28 Million 		€12.28 Million Germany Sep 2025
21249 Yuancheng Cable Co Ltd
SHE:002692 		93.5% CN¥1.14 Billion
≈ $167.18 Million 		CN¥74.47 Million China Mar 2026
21250 Achieve Life Sciences Inc
F:SP4P 		93.5% €10.68 Million
≈ $12.48 Million 		€696.00K Germany Mar 2026
21251 Achieve Life Sciences Inc
NASDAQ:ACHV 		93.5% $10.68 Million $696.00K USA Mar 2026
21252 Tarkett SA
PA:TKTT 		93.5% €768.60 Million
≈ $898.57 Million 		€50.10 Million France Jun 2025
21253 Harbin Jiuzhou Electrical Co Ltd
SHE:300040 		93.5% CN¥2.69 Billion
≈ $393.25 Million 		CN¥175.21 Million China Mar 2026
21254 NRB Industrial Bearings Limited
NSE:NIBL 		93.5% Rs10.86 Million
≈ $117.44K 		Rs708.00K India Mar 2021
21255 Mineralbrunnen Überkingen-Teinach GmbH & Co. KGaA
F:MUT3 		93.5% €73.59 Million
≈ $86.03 Million 		€4.80 Million Germany Dec 2025
21256 Mineralbrunnen Überkingen-Teinach GmbH & Co. KGaA
F:MUT 		93.5% €73.59 Million
≈ $86.03 Million 		€4.80 Million Germany Dec 2025
21257 Softcat plc
LSE:SCT 		93.5% GBX286.09 Million
≈ $34.81K 		GBX18.66 Million UK Jan 2026
21258 Star Energy Group Plc
LSE:STAR 		93.5% GBX34.78 Million
≈ $4.23K 		GBX2.27 Million UK Dec 2025
21259 Aumann AG
XETRA:AAG 		93.5% €188.60 Million
≈ $220.50 Million 		€12.30 Million Germany Sep 2025
21260 B3 S.A. UNSP.ADR/1
F:YBV0 		93.5% €18.28 Billion
≈ $21.37 Billion 		€1.19 Billion Germany Mar 2026
21261 National Petroleum Co Ltd
TW:9937 		93.5% NT$5.54 Billion
≈ $174.54 Million 		NT$361.58 Million Taiwan Jun 2026
21262 OMH SCIENCE Group Co Ltd
SHE:300486 		93.5% CN¥1.70 Billion
≈ $248.92 Million 		CN¥111.06 Million China Mar 2026
21263 Baozun Inc
NASDAQ:BZUN 		93.5% $5.52 Billion $360.51 Million USA Sep 2025
21264 Long Young Electronic (Kunshan) Co. Ltd. A
SHE:301389 		93.5% CN¥2.40 Billion
≈ $351.55 Million 		CN¥156.87 Million China Mar 2026
21265 Chengdu Qinchuan IoT Technology Co Ltd
SHG:688528 		93.5% CN¥497.37 Million
≈ $72.78 Million 		CN¥32.49 Million China Sep 2025
21266 CETC Digital Technology Co Ltd
SHG:600850 		93.5% CN¥4.96 Billion
≈ $726.41 Million 		CN¥324.41 Million China Mar 2026
21267 Tencent Music Entertainment Group
F:63TA 		93.5% €77.13 Billion
≈ $90.17 Billion 		€5.04 Billion Germany Mar 2026
21268 Admicom Oyj
HE:ADMCM 		93.5% €35.17 Million
≈ $41.12 Million 		€2.30 Million Finland Dec 2025
21269 Jeil Pharmaceutical Co Ltd
KO:271980 		93.5% ₩243.59 Billion
≈ $165.08 Million 		₩15.93 Billion Korea Sep 2025
21270 Constellium SE
F:3OK 		93.5% €1.25 Billion
≈ $1.47 Billion 		€82.00 Million Germany Jun 2026
21271 Constellium Nv
NYSE:CSTM 		93.5% $1.25 Billion $82.00 Million USA Jun 2026
21272 Guangdong Xianglu Tungsten Co Ltd
SHE:002842 		93.5% CN¥1.46 Billion
≈ $213.62 Million 		CN¥95.47 Million China Mar 2026
21273 BAOZUN INC. A DL -0001
F:2BZ 		93.5% €5.49 Billion
≈ $6.42 Billion 		€359.34 Million Germany Dec 2025
21274 SINOPEC Engineering (Group) Co. Ltd
F:1NS 		93.5% €31.81 Billion
≈ $37.19 Billion 		€2.08 Billion Germany Dec 2025
21275 Energa S.A.
WAR:ENG 		93.5% zł13.77 Billion
≈ $3.79 Billion 		zł901.00 Million Poland Sep 2025
21276 Zhejiang Satellite Petrochemical Co Ltd
SHE:002648 		93.5% CN¥35.47 Billion
≈ $5.19 Billion 		CN¥2.32 Billion China Mar 2026
21277 ResMed Inc
NYSE:RMD 		93.5% $6.49 Billion $425.19 Million USA Mar 2026
21278 Tech Mahindra Limited
NSE:TECHM 		93.5% Rs300.77 Billion
≈ $3.25 Billion 		Rs19.70 Billion India Mar 2026
21279 Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd.
SHE:301040 		93.4% CN¥774.72 Million
≈ $113.37 Million 		CN¥50.76 Million China Mar 2026
21280 Banco Mercantil do Brasil S.A
SA:BMEB3 		93.4% R$3.15 Billion
≈ $618.33 Million 		R$206.54 Million Brazil Jun 2026
21281 Ak Holdings
KO:006840 		93.4% ₩1.12 Trillion
≈ $761.02 Million 		₩73.61 Billion Korea Dec 2025
21282 Sai Gon Ha Noi Commercial Joint Stock Bank
VN:SHB 		93.4% ₫71.72 Trillion
≈ $2.73 Billion 		₫4.70 Trillion Vietnam Mar 2026
21283 Daedong Ind
KO:000490 		93.4% ₩651.12 Billion
≈ $441.25 Million 		₩42.69 Billion Korea Mar 2026
21284 Auto Trader Group plc
LSE:AUTO 		93.4% GBX564.00 Million
≈ $68.62K 		GBX37.00 Million UK Sep 2025
21285 IKD Co Ltd Class A
SHG:600933 		93.4% CN¥10.54 Billion
≈ $1.54 Billion 		CN¥692.12 Million China Mar 2026
21286 Changzhou Shenli Electrical Machine Incorporated Co
SHG:603819 		93.4% CN¥812.19 Million
≈ $118.85 Million 		CN¥53.34 Million China Mar 2026
21287 Hansol Pns
KO:010420 		93.4% ₩46.46 Billion
≈ $31.48 Million 		₩3.05 Billion Korea Jun 2025
21288 Hubei Zhenhua Chemical Co Ltd
SHG:603067 		93.4% CN¥3.38 Billion
≈ $494.57 Million 		CN¥222.09 Million China Jun 2025
21289 AAC Technologies Holdings Inc
F:A2XN 		93.4% €24.94 Billion
≈ $29.16 Billion 		€1.64 Billion Germany Dec 2025
21290 Shree Digvijay Cement Co.Ltd
NSE:SHREDIGCEM 		93.4% Rs3.66 Billion
≈ $39.56 Million 		Rs240.35 Million India Mar 2026
21291 Bumitama Agri Ltd
F:2BU 		93.4% €17.36 Trillion
≈ $20.30 Trillion 		€1.14 Trillion Germany Dec 2025
21292 Aurisco Pharmaceutical Co Ltd
SHG:605116 		93.4% CN¥2.43 Billion
≈ $355.48 Million 		CN¥159.74 Million China Jun 2025
21293 Puyang Huicheng Electronic Material Co Ltd
SHE:300481 		93.4% CN¥2.44 Billion
≈ $357.35 Million 		CN¥160.59 Million China Mar 2026
21294 Heineken Bhd
KLSE:3255 		93.4% RM347.43 Million
≈ $87.23 Million 		RM22.86 Million Malaysia Jun 2026
21295 Solaris Energy Infrastructure, Inc.
NYSE:SEI 		93.4% $1.10 Billion $72.74 Million USA Mar 2026
21296 Com2uS Corporation
KQ:078340 		93.4% ₩1.05 Trillion
≈ $709.00 Million 		₩68.90 Billion Korea Mar 2026
21297 Eicher Motors Limited
NSE:EICHERMOT 		93.4% Rs220.86 Billion
≈ $2.39 Billion 		Rs14.55 Billion India Sep 2025
21298 Sinocare Inc
SHE:300298 		93.4% CN¥3.67 Billion
≈ $537.71 Million 		CN¥242.02 Million China Sep 2025
21299 Blue Star Limited
NSE:BLUESTARCO 		93.4% Rs34.44 Billion
≈ $372.51 Million 		Rs2.27 Billion India Mar 2026
21300 Urban Edge Properties
NYSE:UE 		93.4% $1.38 Billion $91.06 Million USA Mar 2026