Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
92.8%
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 |
|---|---|---|---|---|---|---|
| 21501 |
Yunnan Aluminium Co Ltd
SHE:000807 |
92.9% |
CN¥36.67 Billion
≈ $5.37 Billion |
CN¥2.61 Billion | China | Sep 2025 |
| 21502 |
TalkPool AG
ST:TALK |
92.9% |
Skr1.82 Million
≈ $195.87K |
Skr129.48K | Sweden | Sep 2025 |
| 21503 |
Kehua Holdings Co Ltd Class A
SHG:603161 |
92.9% |
CN¥1.50 Billion
≈ $219.49 Million |
CN¥106.77 Million | China | Sep 2025 |
| 21504 |
Sanhe Tongfei Refrigeration Co. Ltd.
SHE:300990 |
92.9% |
CN¥2.03 Billion
≈ $296.49 Million |
CN¥144.26 Million | China | Sep 2025 |
| 21505 |
Palomar Holdings Inc
NASDAQ:PLMR |
92.9% | $878.11 Million | $62.54 Million | USA | Sep 2025 |
| 21506 |
Guangzhou Hengyun Enterprises Holding Ltd
SHE:000531 |
92.9% |
CN¥7.72 Billion
≈ $1.13 Billion |
CN¥549.83 Million | China | Mar 2026 |
| 21507 |
Telcoware
KO:078000 |
92.9% |
₩105.15 Billion
≈ $71.26 Million |
₩7.50 Billion | Korea | Sep 2025 |
| 21508 |
Yangzhou Chenhua New Material Co Ltd
SHE:300610 |
92.9% |
CN¥1.20 Billion
≈ $175.94 Million |
CN¥85.73 Million | China | Mar 2026 |
| 21509 |
Spackman Equit
V:SQG |
92.9% |
CA$8.97 Million
≈ $6.49 Million |
CA$639.73K | Canada | Mar 2026 |
| 21510 |
NervGen Pharma Corp.
NASDAQ:NGEN |
92.9% | $5.54 Million | $394.94K | USA | Mar 2026 |
| 21511 |
Ashapura Minechem Limited
NSE:ASHAPURMIN |
92.9% |
Rs16.45 Billion
≈ $177.88 Million |
Rs1.17 Billion | India | Mar 2026 |
| 21512 |
AECC Aviation Power Co Ltd
SHG:600893 |
92.9% |
CN¥49.98 Billion
≈ $7.31 Billion |
CN¥3.56 Billion | China | Mar 2026 |
| 21513 |
Bright Scholar Education Holdings Ltd Class A
NYSE:BEDU |
92.9% | $72.42 Million | $5.17 Million | USA | Feb 2025 |
| 21514 |
Xiamen Kingdomway Group Co
SHE:002626 |
92.9% |
CN¥4.58 Billion
≈ $670.86 Million |
CN¥327.03 Million | China | Sep 2025 |
| 21515 |
Henan Provincial Communications Planning & Design Institute Co Ltd Class A
SHE:300732 |
92.9% |
CN¥2.84 Billion
≈ $415.92 Million |
CN¥202.76 Million | China | Mar 2026 |
| 21516 |
Iris Business Services Limited
NSE:IRIS |
92.9% |
Rs2.01 Billion
≈ $21.71 Million |
Rs143.21 Million | India | Mar 2026 |
| 21517 |
Ercros
MC:ECR |
92.9% |
€298.23 Million
≈ $348.66 Million |
€21.28 Million | Spain | Dec 2025 |
| 21518 |
Tonghua Grape Wine Co Ltd
SHG:600365 |
92.9% |
CN¥261.59 Million
≈ $38.28 Million |
CN¥18.67 Million | China | Sep 2025 |
| 21519 |
ICF International Inc
NASDAQ:ICFI |
92.9% | $1.03 Billion | $73.64 Million | USA | Mar 2026 |
| 21520 |
GS Holdings
KO:078930 |
92.9% |
₩19.19 Trillion
≈ $13.01 Billion |
₩1.37 Trillion | Korea | Dec 2025 |
| 21521 |
REGAL PARTNERS LTD.
F:OC7 |
92.9% |
€948.15 Million
≈ $1.11 Billion |
€67.77 Million | Germany | Dec 2025 |
| 21522 |
Regal Partners Ltd
AU:RPL |
92.9% |
AU$948.15 Million
≈ $670.88 Million |
AU$67.77 Million | Australia | Dec 2025 |
| 21523 |
Shandong Link Science and Technology Co Ltd
SHE:001207 |
92.9% |
CN¥2.36 Billion
≈ $345.96 Million |
CN¥169.00 Million | China | Dec 2025 |
| 21524 |
Ilji Technology Co. Ltd
KQ:019540 |
92.8% |
₩191.81 Billion
≈ $129.99 Million |
₩13.71 Billion | Korea | Dec 2025 |
| 21525 |
Gentherm Inc
NASDAQ:THRM |
92.8% | $716.47 Million | $51.25 Million | USA | Mar 2026 |
| 21526 |
WF Holding Limited Ordinary Shares
NASDAQ:WFF |
92.8% | $4.75 Million | $339.86K | USA | Mar 2026 |
| 21527 |
Bloomage Biotechnology Corp Ltd
SHG:688363 |
92.8% |
CN¥7.16 Billion
≈ $1.05 Billion |
CN¥512.22 Million | China | Mar 2026 |
| 21528 |
United Orthopedic
TWO:4129 |
92.8% |
NT$4.20 Billion
≈ $132.46 Million |
NT$300.86 Million | Taiwan | Dec 2025 |
| 21529 |
Global Industrial Co
NYSE:GIC |
92.8% | $319.90 Million | $22.90 Million | USA | Mar 2026 |
| 21530 |
Nanjing Chemical Fibre Co Ltd
SHG:600889 |
92.8% |
CN¥360.34 Million
≈ $52.73 Million |
CN¥25.80 Million | China | Sep 2025 |
| 21531 |
Filtronic
LSE:FTC |
92.8% |
GBX35.38 Million
≈ $4.30K |
GBX2.53 Million | UK | May 2025 |
| 21532 |
HarborOne Bancorp Inc
NASDAQ:HONE |
92.8% | $580.15 Million | $41.55 Million | USA | Jun 2025 |
| 21533 |
Risuntek Inc
SHE:002981 |
92.8% |
CN¥1.13 Billion
≈ $166.04 Million |
CN¥81.27 Million | China | Sep 2025 |
| 21534 |
Arqit Quantum Inc.
NASDAQ:ARQQ |
92.8% | $28.51 Million | $2.04 Million | USA | Mar 2026 |
| 21535 |
Amdocs Ltd
NASDAQ:DOX |
92.8% | $3.47 Billion | $248.25 Million | USA | Dec 2025 |
| 21536 |
Amdocs Limited
F:AOS |
92.8% |
€3.47 Billion
≈ $4.05 Billion |
€248.25 Million | Germany | Dec 2025 |
| 21537 |
Innovative Eyewear Inc.
NASDAQ:LUCY |
92.8% | $8.37 Million | $599.61K | USA | Mar 2026 |
| 21538 |
Mpact Limited
JSE:MPT |
92.8% |
ZAC5.88 Billion
≈ $3.13 Million |
ZAC421.80 Million | South Africa | Jun 2025 |
| 21539 |
Müller - Die lila Logistik AG
XETRA:MLL |
92.8% |
€41.32 Million
≈ $48.30 Million |
€2.96 Million | Germany | Jun 2025 |
| 21540 |
Lem Holding SA
SW:LEHN |
92.8% |
CHF130.96 Million
≈ $165.57 Million |
CHF9.39 Million | Switzerland | Sep 2025 |
| 21541 |
Shan Dong Sun Paper Industry Joint Stock Co Ltd
SHE:002078 |
92.8% |
CN¥31.34 Billion
≈ $4.59 Billion |
CN¥2.25 Billion | China | Mar 2026 |
| 21542 |
NIIT Limited
NSE:NIITLTD |
92.8% |
Rs10.70 Billion
≈ $115.73 Million |
Rs768.10 Million | India | Sep 2025 |
| 21543 |
Xiamen XGMA Machinery Co Ltd
SHG:600815 |
92.8% |
CN¥1.70 Billion
≈ $249.06 Million |
CN¥122.17 Million | China | Mar 2026 |
| 21544 |
ACOTEC SCIEN.H. DL-00001
F:7W3 |
92.8% |
€1.48 Billion
≈ $1.73 Billion |
€105.99 Million | Germany | Dec 2025 |
| 21545 |
Swiss Steel Holding AG
SW:STLN |
92.8% |
CHF322.80 Million
≈ $408.11 Million |
CHF23.20 Million | Switzerland | Dec 2024 |
| 21546 |
Shanghai Sinyang Semiconductor
SHE:300236 |
92.8% |
CN¥4.82 Billion
≈ $705.53 Million |
CN¥346.60 Million | China | Mar 2026 |
| 21547 |
Foshan Golden Milky Way Intelligent Equipment Co Ltd
SHE:300619 |
92.8% |
CN¥1.70 Billion
≈ $248.73 Million |
CN¥122.24 Million | China | Mar 2026 |
| 21548 |
BHI Co. Ltd
KQ:083650 |
92.8% |
₩182.96 Billion
≈ $123.99 Million |
₩13.17 Billion | Korea | Mar 2026 |
| 21549 |
InsuraGuest Technologies Inc
V:ISGI |
92.8% |
CA$955.27K
≈ $691.03K |
CA$68.79K | Canada | Dec 2021 |
| 21550 |
Airoha Technology Corp
TW:6526 |
92.8% |
NT$21.03 Billion
≈ $662.70 Million |
NT$1.51 Billion | Taiwan | Sep 2025 |
| 21551 |
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348 |
92.8% |
CN¥398.07 Million
≈ $58.25 Million |
CN¥28.67 Million | China | Mar 2026 |
| 21552 |
GIIR Inc
KO:035000 |
92.8% |
₩186.49 Billion
≈ $126.38 Million |
₩13.44 Billion | Korea | Sep 2025 |
| 21553 |
Jointown Pharmaceutical Group Co Ltd
SHG:600998 |
92.8% |
CN¥35.07 Billion
≈ $5.13 Billion |
CN¥2.53 Billion | China | Sep 2025 |
| 21554 |
Hyundai C&F Inc
KO:227840 |
92.8% |
₩321.76 Billion
≈ $218.05 Million |
₩23.19 Billion | Korea | Sep 2025 |
| 21555 |
H C Slingsby PLC
LSE:SLNG |
92.8% |
GBX4.00 Million
≈ $486.08 |
GBX288.00K | UK | Jun 2025 |
| 21556 |
Tetra Technologies Inc
NYSE:TTI |
92.8% | $285.62 Million | $20.59 Million | USA | Mar 2026 |
| 21557 |
Kestrel Group, Ltd.
NYSE:KG |
92.8% | $143.77 Million | $10.37 Million | USA | Sep 2025 |
| 21558 |
Yantai Tayho Advanced Materials Co Ltd
SHE:002254 |
92.8% |
CN¥7.82 Billion
≈ $1.14 Billion |
CN¥564.19 Million | China | Sep 2025 |
| 21559 |
Shunya International Brand Consulting Beijing Co Ltd Class A
SHE:300612 |
92.8% |
CN¥480.02 Million
≈ $70.24 Million |
CN¥34.65 Million | China | Sep 2025 |
| 21560 |
Inv La Constru
SN:ILC |
92.8% |
CL$1.45 Trillion
≈ $1.62 Billion |
CL$104.40 Billion | Chile | Mar 2026 |
| 21561 |
LiaonWellhope Agri-Tech Co Ltd
SHG:603609 |
92.8% |
CN¥7.97 Billion
≈ $1.17 Billion |
CN¥575.25 Million | China | Mar 2026 |
| 21562 |
Imax Corp
NYSE:IMAX |
92.8% | $428.34 Million | $30.92 Million | USA | Mar 2026 |
| 21563 |
Tiger Brands Ltd
JSE:TBS |
92.8% |
ZAC17.24 Billion
≈ $9.16 Million |
ZAC1.25 Billion | South Africa | Sep 2025 |
| 21564 |
Capital Securities Corp
TW:6005 |
92.8% |
NT$50.20 Billion
≈ $1.58 Billion |
NT$3.63 Billion | Taiwan | Dec 2025 |
| 21565 |
Masimo Corporation
NASDAQ:MASI |
92.8% | $721.20 Million | $52.10 Million | USA | Dec 2025 |
| 21566 |
Great-Sun Foods Co Ltd
SHG:603336 |
92.8% |
CN¥1.44 Billion
≈ $210.72 Million |
CN¥104.05 Million | China | Mar 2026 |
| 21567 |
National Bank of Greece S.A
AT:ETE |
92.8% |
€9.74 Billion
≈ $11.38 Billion |
€704.00 Million | Greece | Mar 2026 |
| 21568 |
Persistent Systems Limited
NSE:PERSISTENT |
92.8% |
Rs77.68 Billion
≈ $840.03 Million |
Rs5.62 Billion | India | Dec 2025 |
| 21569 |
GL Events SA
PA:GLO |
92.8% |
€581.25 Million
≈ $679.55 Million |
€42.03 Million | France | Jun 2025 |
| 21570 |
Yoantion Industrial Inc.Ltd.
SHE:301053 |
92.8% |
CN¥910.80 Million
≈ $133.28 Million |
CN¥65.86 Million | China | Mar 2026 |
| 21571 |
Harbin Pharmaceutical Group Co Ltd
SHG:600664 |
92.8% |
CN¥6.41 Billion
≈ $937.66 Million |
CN¥463.40 Million | China | Sep 2025 |
| 21572 |
Cubic Digital Technology Co Ltd
SHE:300344 |
92.8% |
CN¥236.62 Million
≈ $34.62 Million |
CN¥17.11 Million | China | Jun 2025 |
| 21573 |
Best Agrolife Limited
NSE:BESTAGRO |
92.8% |
Rs8.09 Billion
≈ $87.54 Million |
Rs585.50 Million | India | Sep 2025 |
| 21574 |
Qingdao Citymedia Co Ltd
SHG:600229 |
92.8% |
CN¥3.18 Billion
≈ $464.65 Million |
CN¥229.69 Million | China | Sep 2025 |
| 21575 |
Andritz AG
VI:ANDR |
92.8% |
€2.17 Billion
≈ $2.54 Billion |
€157.10 Million | Austria | Jun 2025 |
| 21576 |
Xizi Clean Energy Equipment Manufacturing Co Ltd
SHE:002534 |
92.8% |
CN¥6.19 Billion
≈ $906.15 Million |
CN¥448.00 Million | China | Mar 2026 |
| 21577 |
Beacon Financial Corporation
NYSE:BBT |
92.8% | $2.50 Billion | $181.23 Million | USA | Mar 2026 |
| 21578 |
Proya Cosmetics Co Ltd Class A
SHG:603605 |
92.8% |
CN¥5.78 Billion
≈ $845.59 Million |
CN¥418.12 Million | China | Sep 2025 |
| 21579 |
Schulte-Schlagbaum AG
DU:SSS |
92.8% Annual |
€25.79 Million
≈ $30.15 Million |
€1.87 Million | Germany | Dec 2023 |
| 21580 |
Antar Chile
SN:ANTARCHILE |
92.8% |
CL$14.69 Billion
≈ $16.43 Million |
CL$1.06 Billion | Chile | Sep 2025 |
| 21581 |
Ozsu Balik Uretim A.S.
IS:OZSUB |
92.8% |
TL899.75 Million
≈ $20.15 Million |
TL65.11 Million | Turkey | Sep 2025 |
| 21582 |
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179 |
92.8% |
CN¥7.60 Billion
≈ $1.11 Billion |
CN¥550.43 Million | China | Mar 2026 |
| 21583 |
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088 |
92.8% |
CN¥19.98 Billion
≈ $2.92 Billion |
CN¥1.45 Billion | China | Sep 2025 |
| 21584 |
KUBOTA CORP. ADR/20
F:KUOA |
92.8% |
€2.87 Trillion
≈ $3.36 Trillion |
€208.08 Billion | Germany | Dec 2025 |
| 21585 |
Altia Consultores S.A.
MC:ALC |
92.8% |
€101.08 Million
≈ $118.18 Million |
€7.32 Million | Spain | Dec 2025 |
| 21586 |
Dynamic Group Holdings Ltd
AU:DDB |
92.8% |
AU$34.84 Million
≈ $24.65 Million |
AU$2.53 Million | Australia | Dec 2024 |
| 21587 |
Sin Heng Chan (Malaya) Bhd
KLSE:4316 |
92.7% |
RM283.93 Million
≈ $71.28 Million |
RM20.59 Million | Malaysia | Sep 2025 |
| 21588 |
Wintec Co. Ltd
KQ:320000 |
92.7% |
₩45.31 Billion
≈ $30.71 Million |
₩3.29 Billion | Korea | Sep 2025 |
| 21589 |
Janus Electric Holdings Ltd
AU:JNS |
92.7% |
AU$868.36K
≈ $614.42K |
AU$63.06K | Australia | Dec 2025 |
| 21590 |
Shanghai Xin Nanyang Co Ltd
SHG:600661 |
92.7% |
CN¥338.53 Million
≈ $49.54 Million |
CN¥24.59 Million | China | Mar 2026 |
| 21591 |
Aplisens SA
WAR:APN |
92.7% |
zł227.07 Million
≈ $62.49 Million |
zł16.49 Million | Poland | Sep 2025 |
| 21592 |
Veridis Environment Ltd
TA:VRDS |
92.7% |
ILA2.08 Billion
≈ $5.57 Million |
ILA150.89 Million | Israel | Dec 2025 |
| 21593 |
EMEK Elektrik Endustrisi AS
IS:EMKEL |
92.7% |
TL977.94 Million
≈ $21.90 Million |
TL71.05 Million | Turkey | Sep 2025 |
| 21594 |
Sinoma Energy Conservation Ltd
SHG:603126 |
92.7% |
CN¥2.44 Billion
≈ $357.57 Million |
CN¥177.60 Million | China | Sep 2025 |
| 21595 |
ZKTECO Co. Ltd. A
SHE:301330 |
92.7% |
CN¥3.66 Billion
≈ $536.08 Million |
CN¥266.26 Million | China | Mar 2026 |
| 21596 |
Jinzhou Port Co Ltd A
SHG:600190 |
92.7% |
CN¥4.68 Billion
≈ $684.95 Million |
CN¥340.24 Million | China | Sep 2024 |
| 21597 |
Fabrity Holding S.A.
WAR:FAB |
92.7% |
zł29.12 Million
≈ $8.01 Million |
zł2.12 Million | Poland | Jun 2025 |
| 21598 |
Redflow Ltd
AU:RFX |
92.7% |
AU$7.41 Million
≈ $5.24 Million |
AU$538.95K | Australia | Dec 2023 |
| 21599 |
Ningbo Thermal Power Co Ltd
SHG:600982 |
92.7% |
CN¥5.40 Billion
≈ $789.64 Million |
CN¥392.88 Million | China | Sep 2025 |
| 21600 |
Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A
SHG:603499 |
92.7% |
CN¥994.49 Million
≈ $145.52 Million |
CN¥72.41 Million | China | Mar 2026 |