Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

93.2%
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
21401 S.J.S. Enterprises Limited
NSE:SJS 		93.3% Rs8.81 Billion
≈ $95.28 Million 		Rs594.62 Million India Mar 2026
21402 Nine Dragons Paper (Holdings) Limited
F:N3Y 		93.3% €48.48 Billion
≈ $56.68 Billion 		€3.27 Billion Germany Jun 2024
21403 Zhejiang He Chuan Technology Corp. Ltd. A
SHG:688320 		93.2% CN¥1.30 Billion
≈ $189.57 Million 		CN¥87.50 Million China Jun 2025
21404 Hwaxin Environmental Co. Ltd. A
SHE:301265 		93.2% CN¥2.24 Billion
≈ $327.87 Million 		CN¥151.35 Million China Mar 2026
21405 Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668 		93.2% CN¥2.07 Billion
≈ $303.07 Million 		CN¥139.93 Million China Mar 2026
21406 Harim Holdings Co. Ltd
KQ:003380 		93.2% ₩6.11 Trillion
≈ $4.14 Billion 		₩412.58 Billion Korea Sep 2025
21407 Tivoli A/S
CO:TIV 		93.2% Dkr1.14 Billion
≈ $178.96 Million 		Dkr77.30 Million Denmark Sep 2025
21408 Dareway Software Co Ltd
SHG:688579 		93.2% CN¥1.38 Billion
≈ $201.81 Million 		CN¥93.23 Million China Sep 2025
21409 MetaLabs Co Ltd
KO:090370 		93.2% ₩141.52 Billion
≈ $95.91 Million 		₩9.57 Billion Korea Mar 2026
21410 Harbin Gloria Pharmaceuticals
SHE:002437 		93.2% CN¥2.41 Billion
≈ $352.02 Million 		CN¥162.65 Million China Mar 2026
21411 Allianz Malaysia Bhd
KLSE:1163 		93.2% RM6.29 Billion
≈ $1.58 Billion 		RM425.17 Million Malaysia Dec 2025
21412 General Motors Company
NYSE:GM 		93.2% $63.64 Billion $4.30 Billion USA Jun 2026
21413 Sichuan Haite High-tech Co Ltd
SHE:002023 		93.2% CN¥3.71 Billion
≈ $542.28 Million 		CN¥250.70 Million China Mar 2026
21414 Alten SA
PA:ATE 		93.2% €2.22 Billion
≈ $2.60 Billion 		€150.47 Million France Dec 2025
21415 Silvercorp Metals Inc
TO:SVM 		93.2% CA$1.11 Billion
≈ $800.39 Million 		CA$74.88 Million Canada Mar 2026
21416 Currys PLC
LSE:CURY 		93.2% GBX2.41 Billion
≈ $292.98K 		GBX163.00 Million UK Apr 2026
21417 Hudaco
JSE:HDC 		93.2% ZAC3.90 Billion
≈ $2.07 Million 		ZAC264.00 Million South Africa Nov 2025
21418 JINMAO PROPERTY SERVICES
F:TZ0 		93.2% €1.62 Billion
≈ $1.89 Billion 		€109.70 Million Germany Dec 2025
21419 Master Ad Public Company Limited
BK:ROCTEC 		93.2% ฿4.89 Billion
≈ $152.35 Million 		฿331.02 Million Thailand Dec 2025
21420 Zhejiang Jinlihua Electric Co
SHE:300069 		93.2% CN¥293.55 Million
≈ $42.96 Million 		CN¥19.89 Million China Sep 2025
21421 Fujian Nebula Electronics Co Ltd
SHE:300648 		93.2% CN¥1.36 Billion
≈ $199.37 Million 		CN¥92.35 Million China Sep 2025
21422 Zhang Xiaoquan Inc.
SHE:301055 		93.2% CN¥723.02 Million
≈ $105.80 Million 		CN¥49.01 Million China Mar 2026
21423 China Natl Chem Engineering Co
SHG:601117 		93.2% CN¥76.24 Billion
≈ $11.16 Billion 		CN¥5.17 Billion China Mar 2026
21424 Shanghai Guangdian Electric Group Co Ltd
SHG:601616 		93.2% CN¥2.58 Billion
≈ $377.99 Million 		CN¥175.11 Million China Mar 2026
21425 Oculis Holding AG Ordinary shares
NASDAQ:OCS 		93.2% $196.29 Million $13.31 Million USA Dec 2025
21426 Lifeway Foods Inc
NASDAQ:LWAY 		93.2% $85.82 Million $5.82 Million USA Dec 2025
21427 First National Corp
NASDAQ:FXNC 		93.2% $188.56 Million $12.79 Million USA Mar 2026
21428 Shenzhen MeiG Smart Technology Co Ltd
SHE:002881 		93.2% CN¥1.68 Billion
≈ $246.03 Million 		CN¥114.05 Million China Sep 2025
21429 Getein Biotech Inc
SHG:603387 		93.2% CN¥2.93 Billion
≈ $429.21 Million 		CN¥198.97 Million China Mar 2026
21430 WIIK Public Company Limited
BK:WIIK 		93.2% ฿2.17 Billion
≈ $67.51 Million 		฿146.95 Million Thailand Sep 2025
21431 Takkt AG
XETRA:TTK 		93.2% €356.70 Million
≈ $417.02 Million 		€24.20 Million Germany Jun 2026
21432 Gulf Resources Inc
F:R29B 		93.2% €142.21 Million
≈ $166.26 Million 		€9.65 Million Germany Jun 2025
21433 Ibotta, Inc.
NYSE:IBTA 		93.2% $329.61 Million $22.36 Million USA Sep 2025
21434 Naas Technology Inc ADR
NASDAQ:NAAS 		93.2% $170.54 Million $11.57 Million USA Sep 2023
21435 Twin Disc Incorporated
NASDAQ:TWIN 		93.2% $186.53 Million $12.66 Million USA Mar 2026
21436 Mercor S.A.
WAR:MCR 		93.2% zł359.48 Million
≈ $98.93 Million 		zł24.40 Million Poland Dec 2025
21437 Copenhagen Airports AS
CO:KBHL 		93.2% Dkr5.71 Billion
≈ $894.00 Million 		Dkr388.00 Million Denmark Mar 2026
21438 Jiangsu Rongtai Industry Co. Ltd.
SHG:605133 		93.2% CN¥3.97 Billion
≈ $580.80 Million 		CN¥269.51 Million China Sep 2025
21439 Shanghai Karon Eco-Valve Manufacturing Co. Ltd.
SHE:301151 		93.2% CN¥2.07 Billion
≈ $303.34 Million 		CN¥140.76 Million China Mar 2026
21440 Itau Unibanco Banco Holding SA
NYSE:ITUB 		93.2% $227.50 Billion $15.45 Billion USA Mar 2026
21441 Kina Securities Ltd
AU:KSL 		93.2% AU$680.33 Million
≈ $481.38 Million 		AU$46.22 Million Australia Jun 2025
21442 Bitcoin Depot Inc.
NASDAQ:BTM 		93.2% $11.83 Million $804.00K USA Dec 2025
21443 Zhejiang Dingli Mach Co Ltd
SHG:603338 		93.2% CN¥11.12 Billion
≈ $1.63 Billion 		CN¥755.61 Million China Sep 2025
21444 Koryo Credit Information Co. Ltd
KQ:049720 		93.2% ₩56.31 Billion
≈ $38.16 Million 		₩3.83 Billion Korea Sep 2025
21445 Lexinfintech Holdings Ltd
NASDAQ:LX 		93.2% $12.06 Billion $819.87 Million USA Mar 2026
21446 Zhejiang Zomax Transmission
SHG:603767 		93.2% CN¥1.39 Billion
≈ $203.44 Million 		CN¥94.54 Million China Sep 2025
21447 XJ Electric Co Ltd
SHE:000400 		93.2% CN¥13.52 Billion
≈ $1.98 Billion 		CN¥919.55 Million China Mar 2026
21448 CIG ShangHai Co Ltd Class A
SHG:603083 		93.2% CN¥7.65 Billion
≈ $1.12 Billion 		CN¥520.45 Million China Mar 2026
21449 Action Electronics Co Ltd
TW:3024 		93.2% NT$2.94 Billion
≈ $92.63 Million 		NT$200.04 Million Taiwan Sep 2025
21450 Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS
IS:BRISA 		93.2% TL20.93 Billion
≈ $468.85 Million 		TL1.42 Billion Turkey Jun 2025
21451 Qinghaihuading Industrial Co Ltd
SHG:600243 		93.2% CN¥693.85 Million
≈ $101.53 Million 		CN¥47.22 Million China Sep 2025
21452 TrueBlue Inc
NYSE:TBI 		93.2% $256.08 Million $17.43 Million USA Mar 2026
21453 Hisense Kelon Electrical Holdings Co Ltd
SHE:000921 		93.2% CN¥20.63 Billion
≈ $3.02 Billion 		CN¥1.40 Billion China Sep 2025
21454 Beacon Financial Corporation
NYSE:BBT 		93.2% $2.54 Billion $172.91 Million USA Jun 2026
21455 Lexaria Bioscience Corp
NASDAQ:LEXXW 		93.2% $4.52 Million $308.06K USA Nov 2025
21456 Illumina Inc
NASDAQ:ILMN 		93.2% $3.08 Billion $210.00 Million USA Dec 2025
21457 Harson Trading China Co Ltd
SHG:603958 		93.2% CN¥835.34 Million
≈ $122.24 Million 		CN¥56.91 Million China Jun 2025
21458 X3 Holdings Co Ltd
NASDAQ:XTKG 		93.2% $46.47 Million $3.17 Million USA Jun 2025
21459 Kervan Gıda Sanayi Ve Ticaret As
IS:KRVGD 		93.2% TL7.39 Billion
≈ $165.47 Million 		TL504.24 Million Turkey Dec 2025
21460 Puyang Refractories Group Co Ltd
SHE:002225 		93.2% CN¥4.24 Billion
≈ $620.43 Million 		CN¥289.58 Million China Mar 2026
21461 Dave Inc
NASDAQ:DAVE 		93.2% $207.89 Million $14.20 Million USA Jun 2026
21462 Orion Gold NL
JSE:ORN 		93.2% ZAC92.94 Million
≈ $49.39K 		ZAC6.35 Million South Africa Jun 2024
21463 Tibet Rhodiola Pharmaceutical Holding Co
SHG:600211 		93.2% CN¥4.23 Billion
≈ $618.65 Million 		CN¥288.81 Million China Mar 2026
21464 Harbin Air Conditioning Co Ltd
SHG:600202 		93.2% CN¥821.84 Million
≈ $120.26 Million 		CN¥56.17 Million China Sep 2025
21465 Mon Courtier Energie Groupe SA
PA:ALMCE 		93.2% €11.84 Million
≈ $13.84 Million 		€809.00K France Dec 2025
21466 Titagarh Rail Systems Limited
NSE:TITAGARH 		93.2% Rs25.40 Billion
≈ $274.66 Million 		Rs1.74 Billion India Sep 2025
21467 Smiths Group PLC
LSE:SMIN 		93.2% GBX1.68 Billion
≈ $204.41K 		GBX115.00 Million UK Jan 2026
21468 Adel Kalemcilik Ticaret ve Sanayi AS
IS:ADEL 		93.2% TL1.37 Billion
≈ $30.61 Million 		TL93.55 Million Turkey Jun 2025
21469 ZJAMP Group Co Ltd
SHE:002758 		93.2% CN¥8.20 Billion
≈ $1.20 Billion 		CN¥561.53 Million China Mar 2026
21470 Bursa Malaysia Bhd
KLSE:1818 		93.2% RM830.60 Million
≈ $208.54 Million 		RM56.90 Million Malaysia Jun 2026
21471 China Three Gorges New Energy Group Co Ltd
SHG:600905 		93.1% CN¥110.17 Billion
≈ $16.12 Billion 		CN¥7.55 Billion China Mar 2026
21472 Aran Research and Development 1982 Ltd
TA:ARAN 		93.1% ILA105.15 Million
≈ $281.91K 		ILA7.21 Million Israel Dec 2025
21473 Innovative Medical Management Co Ltd
SHE:002173 		93.1% CN¥1.79 Billion
≈ $261.87 Million 		CN¥122.68 Million China Sep 2025
21474 Henan BCCY Environmental Energy Co. Ltd
SHE:300614 		93.1% CN¥876.23 Million
≈ $128.22 Million 		CN¥60.09 Million China Mar 2026
21475 Hyundai Motor Co. Ltd. Pfd. Series 1
KO:005385 		93.1% ₩125.35 Trillion
≈ $84.95 Billion 		₩8.60 Trillion Korea Sep 2025
21476 Hyundai Motor Co Pref
KO:005387 		93.1% ₩125.35 Trillion
≈ $84.95 Billion 		₩8.60 Trillion Korea Sep 2025
21477 Kumpulan Jetson Bhd
KLSE:9083 		93.1% RM66.39 Million
≈ $16.67 Million 		RM4.55 Million Malaysia Sep 2025
21478 Jiangsu Etern Co Ltd
SHG:600105 		93.1% CN¥3.58 Billion
≈ $523.34 Million 		CN¥245.39 Million China Sep 2025
21479 Boqii Holding Limited
NYSE:BQ 		93.1% $260.88 Million $17.91 Million USA Sep 2024
21480 Guangdong Guanhao High-Tech Co Ltd
SHG:600433 		93.1% CN¥6.01 Billion
≈ $879.47 Million 		CN¥412.65 Million China Sep 2025
21481 Zhejiang Transfar Co Ltd
SHE:002010 		93.1% CN¥19.31 Billion
≈ $2.83 Billion 		CN¥1.33 Billion China Mar 2026
21482 First Mid Illinois Bancshares Inc
NASDAQ:FMBH 		93.1% $1.08 Billion $73.96 Million USA Mar 2026
21483 Melia Hotels
MC:MEL 		93.1% €1.12 Billion
≈ $1.31 Billion 		€76.71 Million Spain Jun 2025
21484 Anhui Andeli Department Store Co Ltd
SHG:603031 		93.1% CN¥4.16 Billion
≈ $608.53 Million 		CN¥285.70 Million China Sep 2025
21485 Gentherm Inc
NASDAQ:THRM 		93.1% $723.12 Million $49.70 Million USA Jun 2026
21486 Shandong Kehui Power Automation Co Ltd
SHG:688681 		93.1% CN¥621.69 Million
≈ $90.97 Million 		CN¥42.73 Million China Mar 2026
21487 China XD Electric Co Ltd
SHG:601179 		93.1% CN¥26.46 Billion
≈ $3.87 Billion 		CN¥1.82 Billion China Mar 2026
21488 Garudafood Putra Putri Jaya Tbk PT
JK:GOOD 		93.1% Rp4.14 Trillion
≈ $242.85 Million 		Rp284.92 Billion Indonesia Sep 2025
21489 Malayan Banking Bhd
KLSE:1155 		93.1% RM95.99 Billion
≈ $24.10 Billion 		RM6.60 Billion Malaysia Sep 2025
21490 Jilin University Zhengyuan Info Tech
SHE:003029 		93.1% CN¥1.09 Billion
≈ $160.11 Million 		CN¥75.24 Million China Mar 2026
21491 Guangdong Sunwill Precising Plastic Co Ltd
SHE:002676 		93.1% CN¥1.47 Billion
≈ $215.19 Million 		CN¥101.13 Million China Mar 2026
21492 Hyundai C&F Inc
KO:227840 		93.1% ₩340.73 Billion
≈ $230.91 Million 		₩23.44 Billion Korea Mar 2026
21493 Luzhou Lao Jiao Co Ltd
SHE:000568 		93.1% CN¥49.83 Billion
≈ $7.29 Billion 		CN¥3.43 Billion China Sep 2025
21494 Environmental Group Ltd (the)
AU:EGL 		93.1% AU$45.82 Million
≈ $32.42 Million 		AU$3.15 Million Australia Jun 2025
21495 Zhejiang Zhongjian Technology Co Ltd
SHE:002779 		93.1% CN¥951.23 Million
≈ $139.20 Million 		CN¥65.44 Million China Mar 2026
21496 Mills Estruturas e Serviços de Engenharia S.A
SA:MILS3 		93.1% R$1.89 Billion
≈ $370.71 Million 		R$129.98 Million Brazil Jun 2026
21497 Canon Inc
F:CNNA 		93.1% €3.77 Trillion
≈ $4.41 Trillion 		€259.66 Billion Germany Dec 2025
21498 Zhongyin Babi Food Co. Ltd.
SHG:605338 		93.1% CN¥2.41 Billion
≈ $352.60 Million 		CN¥165.83 Million China Mar 2026
21499 Leaguer Shenzhen MicroElectronics Corp
SHG:688589 		93.1% CN¥1.05 Billion
≈ $153.62 Million 		CN¥72.27 Million China Sep 2025
21500 Sensirion Holding AG
SW:SENS 		93.1% CHF306.48 Million
≈ $387.48 Million 		CHF21.10 Million Switzerland Dec 2025