Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

92.9%
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
21601 GS Holdings Corp
KO:078935 		93.0% ₩19.81 Trillion
≈ $13.43 Billion 		₩1.40 Trillion Korea Mar 2026
21602 Hunan Oil Pump
SHG:603319 		92.9% CN¥2.49 Billion
≈ $364.66 Million 		CN¥175.70 Million China Mar 2026
21603 TianJin 712 Communication & Broadcasting Co Ltd
SHG:603712 		92.9% CN¥4.14 Billion
≈ $606.02 Million 		CN¥292.04 Million China Mar 2026
21604 NOV Inc.
NYSE:NOV 		92.9% $6.27 Billion $442.00 Million USA Mar 2026
21605 Cangzhou Dahua Co Ltd
SHG:600230 		92.9% CN¥4.35 Billion
≈ $636.63 Million 		CN¥306.80 Million China Sep 2025
21606 Jiangsu Cnano Technology Co Ltd
SHG:688116 		92.9% CN¥3.85 Billion
≈ $564.00 Million 		CN¥271.85 Million China Mar 2026
21607 Grupo Comercial Chedraui S.A.B. de C.V
MX:CHDRAUIB 		92.9% MX$53.32 Billion
≈ $3.07 Billion 		MX$3.76 Billion Mexico Jun 2026
21608 WINBO-Dongjian Automotive Technology Co. Ltd.
SHE:300978 		92.9% CN¥1.75 Billion
≈ $255.91 Million 		CN¥123.37 Million China Mar 2026
21609 Beijing Centergate Technologies Holding Co Ltd
SHE:000931 		92.9% CN¥1.87 Billion
≈ $273.13 Million 		CN¥131.69 Million China Sep 2025
21610 New Nordic Healthbrands AB (publ)
ST:NNH 		92.9% Skr101.97 Million
≈ $10.97 Million 		Skr7.20 Million Sweden Mar 2026
21611 Kalbe Farma Tbk PT
JK:KLBF 		92.9% Rp24.19 Trillion
≈ $1.42 Billion 		Rp1.71 Trillion Indonesia Jun 2025
21612 Byggmax Group AB
ST:BMAX 		92.9% Skr2.42 Billion
≈ $260.54 Million 		Skr171.00 Million Sweden Mar 2026
21613 Milae Bioresources Co. Ltd
KQ:218150 		92.9% ₩43.04 Billion
≈ $29.17 Million 		₩3.04 Billion Korea Mar 2026
21614 SSAW Hotels & Resorts Group Co.Ltd.
SHE:301073 		92.9% CN¥871.71 Million
≈ $127.56 Million 		CN¥61.62 Million China Mar 2026
21615 Shanghai Awinic Technology Co Ltd
SHG:688798 		92.9% CN¥4.31 Billion
≈ $630.77 Million 		CN¥304.74 Million China Mar 2026
21616 EXA E&C Inc
KQ:054940 		92.9% ₩83.86 Billion
≈ $56.83 Million 		₩5.93 Billion Korea Dec 2025
21617 ZIGUP plc
LSE:ZIG 		92.9% GBX1.09 Billion
≈ $132.71K 		GBX77.25 Million UK Apr 2026
21618 Loctek Ergonomic Technology Corp Class A
SHE:300729 		92.9% CN¥3.69 Billion
≈ $540.41 Million 		CN¥261.62 Million China Mar 2026
21619 WINDELN.DE SE INH O.N.
F:WDL1 		92.9% Annual €3.40 Million
≈ $3.98 Million 		€241.00K Germany Dec 2021
21620 Qingdao TGOOD Electric Co Ltd
SHE:300001 		92.9% CN¥9.61 Billion
≈ $1.41 Billion 		CN¥680.70 Million China Mar 2026
21621 Dashang Co Ltd
SHG:600694 		92.9% CN¥9.49 Billion
≈ $1.39 Billion 		CN¥672.77 Million China Mar 2026
21622 KG Mobilians Co. Ltd
KQ:046440 		92.9% ₩354.65 Billion
≈ $240.34 Million 		₩25.13 Billion Korea Mar 2026
21623 Newtree S.A
BR:NEWT 		92.9% €511.55K
≈ $598.05K 		€36.27K Belgium Jun 2005
21624 Shandong Synthesis Electronic Technology Co Ltd
SHE:300479 		92.9% CN¥540.25 Million
≈ $79.06 Million 		CN¥38.31 Million China Mar 2026
21625 Shandong Huatai Paper Industry Shareholding Co Ltd
SHG:600308 		92.9% CN¥9.05 Billion
≈ $1.32 Billion 		CN¥641.95 Million China Mar 2026
21626 Emami Limited
NSE:EMAMILTD 		92.9% Rs29.22 Billion
≈ $316.05 Million 		Rs2.07 Billion India Mar 2026
21627 GBank Financial Holdings Inc. Common Stock
NASDAQ:GBFH 		92.9% $172.81 Million $12.27 Million USA Jun 2026
21628 Zhejiang Sunflower Light Energy
SHE:300111 		92.9% CN¥815.07 Million
≈ $119.27 Million 		CN¥57.88 Million China Mar 2026
21629 Shaanxi Sirui Advanced Materials Co. Ltd. A
SHG:688102 		92.9% CN¥1.99 Billion
≈ $290.67 Million 		CN¥141.08 Million China Mar 2026
21630 Covestro AG
XETRA:1COV 		92.9% €6.11 Billion
≈ $7.14 Billion 		€434.00 Million Germany Sep 2025
21631 Ningbo Lehui International Engineering Equipment Co Ltd Class A
SHG:603076 		92.9% CN¥1.32 Billion
≈ $193.59 Million 		CN¥94.01 Million China Sep 2025
21632 Akdeniz Yatirim Holding AS
IS:AKYHO 		92.9% TL655.09 Million
≈ $14.67 Million 		TL46.56 Million Turkey Jun 2025
21633 Zhengzhou Coal Mining Machinery Group Company Limited
F:ZGC 		92.9% €25.82 Billion
≈ $30.19 Billion 		€1.84 Billion Germany Mar 2026
21634 WT Microelectronics Co Ltd
TW:3036 		92.9% NT$112.99 Billion
≈ $3.56 Billion 		NT$8.03 Billion Taiwan Mar 2026
21635 POSCO Holdings Inc
F:PKX 		92.9% €62.39 Trillion
≈ $72.94 Trillion 		€4.44 Trillion Germany Dec 2025
21636 American Healthcare REIT, Inc.
NYSE:AHR 		92.9% $3.52 Trillion $250.42 Billion USA Mar 2026
21637 Yunnan Aluminium Co Ltd
SHE:000807 		92.9% CN¥36.67 Billion
≈ $5.37 Billion 		CN¥2.61 Billion China Sep 2025
21638 TalkPool AG
ST:TALK 		92.9% Skr1.82 Million
≈ $195.87K 		Skr129.48K Sweden Sep 2025
21639 Kehua Holdings Co Ltd Class A
SHG:603161 		92.9% CN¥1.50 Billion
≈ $219.49 Million 		CN¥106.77 Million China Sep 2025
21640 Sanhe Tongfei Refrigeration Co. Ltd.
SHE:300990 		92.9% CN¥2.03 Billion
≈ $296.49 Million 		CN¥144.26 Million China Sep 2025
21641 Palomar Holdings Inc
NASDAQ:PLMR 		92.9% $878.11 Million $62.54 Million USA Sep 2025
21642 Guangzhou Hengyun Enterprises Holding Ltd
SHE:000531 		92.9% CN¥7.72 Billion
≈ $1.13 Billion 		CN¥549.83 Million China Mar 2026
21643 Telcoware
KO:078000 		92.9% ₩105.15 Billion
≈ $71.26 Million 		₩7.50 Billion Korea Sep 2025
21644 Yangzhou Chenhua New Material Co Ltd
SHE:300610 		92.9% CN¥1.20 Billion
≈ $175.94 Million 		CN¥85.73 Million China Mar 2026
21645 Harbin Electric
F:HP6H 		92.9% €18.48 Billion
≈ $21.60 Billion 		€1.32 Billion Germany Dec 2025
21646 Spackman Equit
V:SQG 		92.9% CA$8.97 Million
≈ $6.49 Million 		CA$639.73K Canada Mar 2026
21647 NervGen Pharma Corp.
NASDAQ:NGEN 		92.9% $5.54 Million $394.94K USA Mar 2026
21648 Ashapura Minechem Limited
NSE:ASHAPURMIN 		92.9% Rs16.45 Billion
≈ $177.88 Million 		Rs1.17 Billion India Mar 2026
21649 AECC Aviation Power Co Ltd
SHG:600893 		92.9% CN¥49.98 Billion
≈ $7.31 Billion 		CN¥3.56 Billion China Mar 2026
21650 Bright Scholar Education Holdings Ltd Class A
NYSE:BEDU 		92.9% $72.42 Million $5.17 Million USA Feb 2025
21651 Xiamen Kingdomway Group Co
SHE:002626 		92.9% CN¥4.58 Billion
≈ $670.86 Million 		CN¥327.03 Million China Sep 2025
21652 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
21653 Iris Business Services Limited
NSE:IRIS 		92.9% Rs2.01 Billion
≈ $21.71 Million 		Rs143.21 Million India Mar 2026
21654 Teixeira Duarte
LS:TDSA 		92.9% €160.15 Million
≈ $187.23 Million 		€11.43 Million Portugal Dec 2025
21655 Tonghua Grape Wine Co Ltd
SHG:600365 		92.9% CN¥261.59 Million
≈ $38.28 Million 		CN¥18.67 Million China Sep 2025
21656 ASA International Group PLC
LSE:ASAI 		92.9% GBX161.85 Million
≈ $19.69K 		GBX11.56 Million UK Dec 2025
21657 Construction Partners Inc
NASDAQ:ROAD 		92.9% $1.04 Billion $74.37 Million USA Jun 2026
21658 REGAL PARTNERS LTD.
F:OC7 		92.9% €948.15 Million
≈ $1.11 Billion 		€67.77 Million Germany Dec 2025
21659 Regal Partners Ltd
AU:RPL 		92.9% AU$948.15 Million
≈ $670.88 Million 		AU$67.77 Million Australia Dec 2025
21660 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
21661 Ilji Technology Co. Ltd
KQ:019540 		92.8% ₩191.81 Billion
≈ $129.99 Million 		₩13.71 Billion Korea Dec 2025
21662 WF Holding Limited Ordinary Shares
NASDAQ:WFF 		92.8% $4.75 Million $339.86K USA Mar 2026
21663 HP Inc
NYSE:HPQ 		92.8% $28.15 Billion $2.01 Billion USA Oct 2015
21664 Bloomage Biotechnology Corp Ltd
SHG:688363 		92.8% CN¥7.16 Billion
≈ $1.05 Billion 		CN¥512.22 Million China Mar 2026
21665 Global Industrial Co
NYSE:GIC 		92.8% $319.90 Million $22.90 Million USA Mar 2026
21666 Nanjing Chemical Fibre Co Ltd
SHG:600889 		92.8% CN¥360.34 Million
≈ $52.73 Million 		CN¥25.80 Million China Sep 2025
21667 Filtronic
LSE:FTC 		92.8% GBX35.38 Million
≈ $4.30K 		GBX2.53 Million UK May 2025
21668 HarborOne Bancorp Inc
NASDAQ:HONE 		92.8% $580.15 Million $41.55 Million USA Jun 2025
21669 Arqit Quantum Inc.
NASDAQ:ARQQ 		92.8% $28.51 Million $2.04 Million USA Mar 2026
21670 Amdocs Limited
F:AOS 		92.8% €3.47 Billion
≈ $4.05 Billion 		€248.25 Million Germany Dec 2025
21671 Amdocs Ltd
NASDAQ:DOX 		92.8% $3.47 Billion $248.25 Million USA Dec 2025
21672 Innovative Eyewear Inc.
NASDAQ:LUCY 		92.8% $8.37 Million $599.61K USA Mar 2026
21673 Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179 		92.8% CN¥7.65 Billion
≈ $1.12 Billion 		CN¥548.55 Million China Jun 2026
21674 Mpact Limited
JSE:MPT 		92.8% ZAC5.88 Billion
≈ $3.13 Million 		ZAC421.80 Million South Africa Jun 2025
21675 Müller - Die lila Logistik AG
XETRA:MLL 		92.8% €41.32 Million
≈ $48.30 Million 		€2.96 Million Germany Jun 2025
21676 Lem Holding SA
SW:LEHN 		92.8% CHF130.96 Million
≈ $165.57 Million 		CHF9.39 Million Switzerland Sep 2025
21677 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
21678 Xiamen XGMA Machinery Co Ltd
SHG:600815 		92.8% CN¥1.70 Billion
≈ $249.06 Million 		CN¥122.17 Million China Mar 2026
21679 ACOTEC SCIEN.H. DL-00001
F:7W3 		92.8% €1.48 Billion
≈ $1.73 Billion 		€105.99 Million Germany Dec 2025
21680 Aecom Technology Corporation
NYSE:ACM 		92.8% $2.48 Billion $177.80 Million USA Mar 2026
21681 Swiss Steel Holding AG
SW:STLN 		92.8% CHF322.80 Million
≈ $408.11 Million 		CHF23.20 Million Switzerland Dec 2024
21682 Shanghai Sinyang Semiconductor
SHE:300236 		92.8% CN¥4.82 Billion
≈ $705.53 Million 		CN¥346.60 Million China Mar 2026
21683 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
21684 BHI Co. Ltd
KQ:083650 		92.8% ₩182.96 Billion
≈ $123.99 Million 		₩13.17 Billion Korea Mar 2026
21685 InsuraGuest Technologies Inc
V:ISGI 		92.8% CA$955.27K
≈ $691.03K 		CA$68.79K Canada Dec 2021
21686 Airoha Technology Corp
TW:6526 		92.8% NT$21.03 Billion
≈ $662.70 Million 		NT$1.51 Billion Taiwan Sep 2025
21687 Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348 		92.8% CN¥398.07 Million
≈ $58.25 Million 		CN¥28.67 Million China Mar 2026
21688 GIIR Inc
KO:035000 		92.8% ₩186.49 Billion
≈ $126.38 Million 		₩13.44 Billion Korea Sep 2025
21689 Jointown Pharmaceutical Group Co Ltd
SHG:600998 		92.8% CN¥35.07 Billion
≈ $5.13 Billion 		CN¥2.53 Billion China Sep 2025
21690 H C Slingsby PLC
LSE:SLNG 		92.8% GBX4.00 Million
≈ $486.08 		GBX288.00K UK Jun 2025
21691 Tetra Technologies Inc
NYSE:TTI 		92.8% $285.62 Million $20.59 Million USA Mar 2026
21692 Kestrel Group, Ltd.
NYSE:KG 		92.8% $143.77 Million $10.37 Million USA Sep 2025
21693 NIIT Limited
NSE:NIITLTD 		92.8% Rs10.70 Billion
≈ $115.72 Million 		Rs771.91 Million India Mar 2026
21694 Yantai Tayho Advanced Materials Co Ltd
SHE:002254 		92.8% CN¥7.82 Billion
≈ $1.14 Billion 		CN¥564.19 Million China Sep 2025
21695 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
21696 Inversiones la Construccion S.A.
SN:ILC 		92.8% CL$1.45 Trillion
≈ $1.62 Billion 		CL$104.40 Billion Chile Mar 2026
21697 LiaonWellhope Agri-Tech Co Ltd
SHG:603609 		92.8% CN¥7.97 Billion
≈ $1.17 Billion 		CN¥575.25 Million China Mar 2026
21698 Imax Corp
NYSE:IMAX 		92.8% $428.34 Million $30.92 Million USA Mar 2026
21699 Tiger Brands Ltd
JSE:TBS 		92.8% ZAC17.24 Billion
≈ $9.16 Million 		ZAC1.25 Billion South Africa Sep 2025
21700 Capital Securities Corp
TW:6005 		92.8% NT$50.20 Billion
≈ $1.58 Billion 		NT$3.63 Billion Taiwan Dec 2025