Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

92.3%
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
21801 Erayak Power Solution Group Inc. Class A Ordinary Shares
NASDAQ:RAYA 		92.4% $35.27 Million $2.68 Million USA Mar 2026
21802 Thaicom Public Company Limited
BK:THCOM 		92.4% ฿9.96 Billion
≈ $310.54 Million 		฿756.76 Million Thailand Jun 2025
21803 Plantynet Co. Ltd
KQ:075130 		92.4% ₩81.43 Billion
≈ $55.18 Million 		₩6.19 Billion Korea Dec 2025
21804 Montauk Renewables Inc
NASDAQ:MNTK 		92.4% $260.73 Million $19.81 Million USA Sep 2025
21805 Selvita S.A.
WAR:SLV 		92.4% zł321.73 Million
≈ $88.54 Million 		zł24.45 Million Poland Dec 2025
21806 Shanghai Fudan Microelectronics Group Co Ltd
SHG:688385 		92.4% CN¥6.81 Billion
≈ $996.35 Million 		CN¥517.73 Million China Sep 2025
21807 Guangdong Hybribio Biotech Co Ltd
SHE:300639 		92.4% CN¥3.72 Billion
≈ $544.29 Million 		CN¥282.87 Million China Mar 2026
21808 Four Corners Property Trust Inc
NYSE:FCPT 		92.4% $1.66 Billion $126.59 Million USA Mar 2026
21809 Jiangxi Xinyu Guoke Technology Co Ltd Class A
SHE:300722 		92.4% CN¥674.70 Million
≈ $98.73 Million 		CN¥51.37 Million China Mar 2026
21810 Ciena Corp
NYSE:CIEN 		92.4% $2.79 Billion $212.69 Million USA Jan 2026
21811 SHANGHAI FU. MIC.H YC-10
F:FUD 		92.4% €6.75 Billion
≈ $7.90 Billion 		€514.49 Million Germany Dec 2025
21812 Haohua Chemical Science & Technology Corp Ltd
SHG:600378 		92.4% CN¥19.27 Billion
≈ $2.82 Billion 		CN¥1.47 Billion China Mar 2026
21813 Planet Green Holdings Corp
NYSE MKT:PLAG 		92.4% $10.07 Million $767.41K USA Jun 2025
21814 Ruyizhou Inc
NYSE:RYZ 		92.4% $763.60 Million $58.20 Million USA Dec 2025
21815 Ryerson Holding Corp
NYSE:RYI 		92.4% $763.60 Million $58.20 Million USA Dec 2025
21816 Ratch Group Public Company Limited
BK:RATCH 		92.4% ฿107.65 Billion
≈ $3.36 Billion 		฿8.21 Billion Thailand Dec 2025
21817 Ao World
LSE:AO 		92.4% GBX156.10 Million
≈ $18.99K 		GBX11.90 Million UK Sep 2025
21818 JC Chemical Co. Ltd
KQ:137950 		92.4% ₩143.32 Billion
≈ $97.13 Million 		₩10.93 Billion Korea Mar 2026
21819 Shanghai Kindly Entrp Dvlp Grp
SHG:603987 		92.4% CN¥3.05 Billion
≈ $446.94 Million 		CN¥232.88 Million China Sep 2025
21820 North Copper Shanxi Co Ltd
SHE:000737 		92.4% CN¥6.66 Billion
≈ $974.24 Million 		CN¥508.00 Million China Sep 2025
21821 DASAN Networks Inc
KQ:039560 		92.4% ₩377.84 Billion
≈ $256.06 Million 		₩28.86 Billion Korea Sep 2025
21822 Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A
AT:ATRUST 		92.4% €6.55 Million
≈ $7.66 Million 		€500.27K Greece Dec 2022
21823 Palm Landscape Architecture Co Ltd
SHE:002431 		92.4% CN¥1.32 Billion
≈ $192.84 Million 		CN¥100.71 Million China Sep 2025
21824 Xiamen Kehua Hengsheng
SHE:002335 		92.4% CN¥6.63 Billion
≈ $970.38 Million 		CN¥506.91 Million China Mar 2026
21825 BK Technologies Inc
NYSE MKT:BKTI 		92.4% $44.70 Million $3.42 Million USA Dec 2025
21826 CelcomDigi Berhad
KLSE:6947 		92.4% RM15.98 Billion
≈ $4.01 Billion 		RM1.22 Billion Malaysia Dec 2025
21827 Hengtong Logistic Co Ltd
SHG:603223 		92.4% CN¥4.14 Billion
≈ $605.87 Million 		CN¥316.59 Million China Mar 2026
21828 Investors Title Company
NASDAQ:ITIC 		92.3% $272.89 Million $20.88 Million USA Mar 2026
21829 Beijing Join-Cheer Software Co Ltd
SHE:002279 		92.3% CN¥1.43 Billion
≈ $208.57 Million 		CN¥109.09 Million China Sep 2025
21830 China Camc Engineering Co Ltd
SHE:002051 		92.3% CN¥11.81 Billion
≈ $1.73 Billion 		CN¥904.21 Million China Mar 2026
21831 Beijing ZznodeTechnologies Co Ltd
SHE:003007 		92.3% CN¥875.94 Million
≈ $128.18 Million 		CN¥67.07 Million China Mar 2026
21832 Jiangsu Chengxing Phosph-Chemical Co Ltd
SHG:600078 		92.3% CN¥2.02 Billion
≈ $296.24 Million 		CN¥155.01 Million China Jun 2025
21833 Woory Industrial Holdings Co.Ltd
KQ:072470 		92.3% ₩217.27 Billion
≈ $147.24 Million 		₩16.64 Billion Korea Mar 2026
21834 Jilin Power Share Co Ltd
SHE:000875 		92.3% CN¥27.14 Billion
≈ $3.97 Billion 		CN¥2.08 Billion China Sep 2025
21835 Sijin Intelligent Forming Machinery
SHE:003025 		92.3% CN¥1.30 Billion
≈ $190.30 Million 		CN¥99.59 Million China Mar 2026
21836 Boise Cascad Llc
NYSE:BCC 		92.3% $2.02 Billion $154.41 Million USA Mar 2026
21837 Socar Inc.
KO:403550 		92.3% ₩178.61 Billion
≈ $121.04 Million 		₩13.69 Billion Korea Sep 2025
21838 AVIC Aircraft Co Ltd
SHE:000768 		92.3% CN¥22.53 Billion
≈ $3.30 Billion 		CN¥1.73 Billion China Mar 2026
21839 LLOYDS METALS AND ENERGY LTD.
NSE:LLOYDSME 		92.3% Rs142.66 Billion
≈ $1.54 Billion 		Rs10.93 Billion India Mar 2026
21840 Shenyang Machine Tool Co Ltd
SHE:000410 		92.3% CN¥4.30 Billion
≈ $628.73 Million 		CN¥329.28 Million China Mar 2026
21841 Guangxi Liugong Machinery Co Ltd
SHE:000528 		92.3% CN¥20.17 Billion
≈ $2.95 Billion 		CN¥1.55 Billion China Mar 2026
21842 Virgin Wines UK PLC
LSE:VINO 		92.3% GBX22.62 Million
≈ $2.75K 		GBX1.73 Million UK Jun 2025
21843 iBio, Inc. Common Stock
NASDAQ:IBIO 		92.3% $56.56 Million $4.34 Million USA Dec 2025
21844 Guangdong Dp Co Ltd
SHE:300808 		92.3% CN¥969.59 Million
≈ $141.88 Million 		CN¥74.39 Million China Sep 2025
21845 Inner Mongolia Yitai Coal Co Ltd
SHG:900948 		92.3% $57.23 Billion $4.39 Billion China Jun 2025
21846 Jiangsu HHCK Advanced Materials Co. Ltd. A
SHG:688535 		92.3% CN¥2.19 Billion
≈ $320.29 Million 		CN¥167.97 Million China Mar 2026
21847 AGS Transact Technologies Limited
NSE:AGSTRA 		92.3% Rs5.35 Billion
≈ $57.82 Million 		Rs410.33 Million India Sep 2024
21848 Zhejiang Dayuan Pumps Ind Co
SHG:603757 		92.3% CN¥2.12 Billion
≈ $309.58 Million 		CN¥162.36 Million China Mar 2026
21849 Vedant Fashions Limited
NSE:MANYAVAR 		92.3% Rs19.64 Billion
≈ $212.44 Million 		Rs1.51 Billion India Mar 2026
21850 Xiamen Meiya Pico Information
SHE:300188 		92.3% CN¥3.26 Billion
≈ $476.75 Million 		CN¥250.16 Million China Sep 2025
21851 UBS Group AG
SW:UBSG 		92.3% CHF90.48 Billion
≈ $114.40 Billion 		CHF6.95 Billion Switzerland Dec 2025
21852 Guangdong Jinma Entertainment Corp Ltd
SHE:300756 		92.3% CN¥1.47 Billion
≈ $214.61 Million 		CN¥112.63 Million China Sep 2025
21853 Elia Group SA/NV
BR:ELI 		92.3% €8.44 Billion
≈ $9.87 Billion 		€648.70 Million Belgium Jun 2025
21854 Baotou Dongbao Bio-Tech Co Ltd
SHE:300239 		92.3% CN¥1.74 Billion
≈ $255.04 Million 		CN¥133.93 Million China Mar 2026
21855 EFORT Intelligent Equipment Co Ltd
SHG:688165 		92.3% CN¥1.57 Billion
≈ $229.92 Million 		CN¥120.74 Million China Jun 2025
21856 TianJin JinRong TianYu Precision Machinery Inc.
SHE:300988 		92.3% CN¥1.27 Billion
≈ $185.37 Million 		CN¥97.35 Million China Sep 2025
21857 Frauenthal Holding AG
VI:FKA 		92.3% €137.94 Million
≈ $161.27 Million 		€10.60 Million Austria Dec 2025
21858 Quickfee Ltd
AU:QFE 		92.3% AU$5.53 Million
≈ $3.91 Million 		AU$425.00K Australia Jun 2025
21859 Bank First National Corp
NASDAQ:BFC 		92.3% $819.85 Million $63.02 Million USA Mar 2026
21860 Wave Electronics Co. Ltd
KQ:095270 		92.3% ₩51.91 Billion
≈ $35.18 Million 		₩3.99 Billion Korea Mar 2026
21861 Trip.com Group Ltd ADR
NASDAQ:TCOM 		92.3% $169.98 Billion $13.07 Billion USA Sep 2025
21862 TSINGTAO BREWE. H ADR/5
F:TSI0 		92.3% €33.29 Billion
≈ $38.92 Billion 		€2.56 Billion Germany Mar 2026
21863 Shenzhen Weiguang Biological Products Co Ltd
SHE:002880 		92.3% CN¥2.48 Billion
≈ $362.30 Million 		CN¥190.51 Million China Mar 2026
21864 Brady Corporation
NYSE:BRC 		92.3% $1.34 Billion $103.42 Million USA Apr 2026
21865 Groupon Inc
NASDAQ:GRPN 		92.3% $51.32 Million $3.95 Million USA Jun 2025
21866 Zhejiang Great Shengda Packaging Co Ltd
SHG:603687 		92.3% CN¥3.47 Billion
≈ $508.23 Million 		CN¥267.33 Million China Sep 2025
21867 Kayseri Seker Fabrikasi AS
IS:KAYSE 		92.3% TL28.29 Billion
≈ $633.65 Million 		TL2.18 Billion Turkey Jul 2024
21868 Shanghai Yaohua Pilkington Glass Group Co Ltd B
SHG:900918 		92.3% $4.73 Billion $364.46 Million China Jun 2025
21869 INTERCORP FIN.SERV. O.N.
F:9IFA 		92.3% €12.42 Billion
≈ $14.52 Billion 		€957.03 Million Germany Dec 2025
21870 Hyundai Engineering & Construction
KO:000720 		92.3% ₩9.91 Trillion
≈ $6.72 Billion 		₩764.11 Billion Korea Sep 2025
21871 Hyundai Engineering & Construction Co Ltd
KO:000725 		92.3% ₩9.91 Trillion
≈ $6.72 Billion 		₩764.11 Billion Korea Sep 2025
21872 Boiron SA
PA:BOI 		92.3% €392.78 Million
≈ $459.20 Million 		€30.28 Million France Dec 2025
21873 Appfolio Inc
NASDAQ:APPF 		92.3% $470.23 Million $36.27 Million USA Mar 2026
21874 Dana Inc
NYSE:DAN 		92.3% $920.00 Million $71.00 Million USA Dec 2025
21875 Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660 		92.3% CN¥3.89 Billion
≈ $569.16 Million 		CN¥300.21 Million China Mar 2026
21876 Bodegas Riojanas S.A.
MC:RIO 		92.3% €18.55 Million
≈ $21.69 Million 		€1.43 Million Spain Jun 2025
21877 CONSUN PHARMAC.GR.HD -10
F:C1P 		92.3% €4.84 Billion
≈ $5.66 Billion 		€373.62 Million Germany Dec 2025
21878 Pansoft Company Limited
SHE:300996 		92.3% CN¥1.29 Billion
≈ $188.57 Million 		CN¥99.52 Million China Jun 2025
21879 Ningbo Sunrise Elc Technology Co Ltd Class A
SHE:002937 		92.3% CN¥1.60 Billion
≈ $234.65 Million 		CN¥123.89 Million China Sep 2025
21880 Key Alliance Group Bhd
KLSE:0036 		92.3% RM76.72 Million
≈ $19.26 Million 		RM5.93 Million Malaysia Dec 2025
21881 Shandong Jinling Mining Co Ltd
SHE:000655 		92.3% CN¥3.56 Billion
≈ $520.69 Million 		CN¥274.93 Million China Sep 2025
21882 Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020 		92.3% CN¥424.93 Million
≈ $62.18 Million 		CN¥32.83 Million China Sep 2025
21883 Spineguard
PA:ALSGD 		92.3% €4.28 Million
≈ $5.01 Million 		€331.11K France Jun 2025
21884 Hanmi Pharm Co Ltd
KO:128940 		92.3% ₩1.35 Trillion
≈ $911.96 Million 		₩104.01 Billion Korea Sep 2025
21885 Jiangsu Tongli Risheng Machinery Co. Ltd.
SHG:605286 		92.3% CN¥2.61 Billion
≈ $381.94 Million 		CN¥201.78 Million China Mar 2026
21886 Jinzhou Jixiang Molybdenum Co Ltd
SHG:603399 		92.3% CN¥1.72 Billion
≈ $251.23 Million 		CN¥132.76 Million China Sep 2025
21887 System1 Group PLC
LSE:SYS1 		92.3% GBX14.36 Million
≈ $1.75K 		GBX1.11 Million UK Sep 2025
21888 James Fisher and Sons PLC
LSE:FSJ 		92.3% GBX187.30 Million
≈ $22.79K 		GBX14.50 Million UK Dec 2025
21889 Vestel Beyaz Esya Sanayi ve Ticaret AS
IS:VESBE 		92.3% TL36.01 Billion
≈ $806.54 Million 		TL2.79 Billion Turkey Mar 2025
21890 Grasim Industries Limited
NSE:GRASIM 		92.3% Rs1.62 Trillion
≈ $17.54 Billion 		Rs125.69 Billion India Sep 2025
21891 Asseco South Eastern Europe S.A.
WAR:ASE 		92.2% zł1.01 Billion
≈ $277.98 Million 		zł78.28 Million Poland Jun 2025
21892 Hubei Huitian New Materials
SHE:300041 		92.2% CN¥3.25 Billion
≈ $475.50 Million 		CN¥251.86 Million China Mar 2026
21893 Close Brothers Group plc
F:CS3 		92.2% €1.66 Billion
≈ $1.94 Billion 		€128.90 Million Germany Jan 2026
21894 Mister Spex SE
F:MRX 		92.2% €60.75 Million
≈ $71.02 Million 		€4.71 Million Germany Jun 2025
21895 Shandong Hualu Hengsheng Chemical Co Ltd
SHG:600426 		92.2% CN¥36.62 Billion
≈ $5.36 Billion 		CN¥2.84 Billion China Mar 2026
21896 Komipharm International Co. Ltd
KQ:041960 		92.2% ₩72.06 Billion
≈ $48.83 Million 		₩5.59 Billion Korea Dec 2025
21897 Zhejiang Huayou Cobalt Co Ltd
SHG:603799 		92.2% CN¥63.63 Billion
≈ $9.31 Billion 		CN¥4.94 Billion China Mar 2026
21898 Aerospace Hi-Tech Holding Group Co Ltd
SHE:000901 		92.2% CN¥4.50 Billion
≈ $657.83 Million 		CN¥349.01 Million China Jun 2025
21899 Shenzhen H&T Intelligent Control Co Ltd
SHE:002402 		92.2% CN¥7.68 Billion
≈ $1.12 Billion 		CN¥595.91 Million China Mar 2026
21900 Zhe Jiang Kangsheng Co Ltd
SHE:002418 		92.2% CN¥1.62 Billion
≈ $236.42 Million 		CN¥125.45 Million China Sep 2025