Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

92.4%
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
21901 TRIP.COM GROUP DL-00125
F:CLVB 		92.5% €172.60 Billion
≈ $201.79 Billion 		€13.01 Billion Germany Dec 2025
21902 Hochschild Mining plc
LSE:HOC 		92.5% GBX877.41 Million
≈ $106.76K 		GBX66.16 Million UK Dec 2025
21903 Alimentation Couchen Tard Inc A
TO:ATD 		92.5% CA$15.72 Billion
≈ $11.37 Billion 		CA$1.19 Billion Canada Jan 2026
21904 China Publishing & Media Hldg
SHG:601949 		92.5% CN¥10.99 Billion
≈ $1.61 Billion 		CN¥829.30 Million China Mar 2026
21905 Jiangsu Daybright Intelligent Electric Co Ltd
SHE:300670 		92.5% CN¥423.24 Million
≈ $61.93 Million 		CN¥31.92 Million China Mar 2026
21906 Guangdong Hongteo Accurate Technology Co Ltd
SHE:300176 		92.5% CN¥953.70 Million
≈ $139.56 Million 		CN¥71.96 Million China Sep 2025
21907 Xilong Chemical Co Ltd
SHE:002584 		92.5% CN¥2.25 Billion
≈ $328.95 Million 		CN¥169.64 Million China Sep 2025
21908 Pinnacle West Capital Corp
NYSE:PNW 		92.5% $7.21 Billion $544.36 Million USA Sep 2025
21909 ScanSource Inc
NASDAQ:SCSC 		92.5% $906.26 Million $68.42 Million USA Mar 2026
21910 China Baoan Group Co Ltd
SHE:000009 		92.4% CN¥22.87 Billion
≈ $3.35 Billion 		CN¥1.73 Billion China Sep 2025
21911 Gjensidige Forsikring ASA
OL:GJF 		92.4% Nkr23.31 Billion
≈ $2.45 Billion 		Nkr1.76 Billion Norway Jun 2026
21912 Kempower Oyj
HE:KEMPOWR 		92.4% €101.90 Million
≈ $119.13 Million 		€7.70 Million Finland Dec 2025
21913 Home Center Holdings Co.Ltd
KQ:060560 		92.4% ₩228.86 Billion
≈ $155.10 Million 		₩17.31 Billion Korea Sep 2025
21914 Butterfly Gandhimathi Appliances Limited
NSE:BUTTERFLY 		92.4% Rs3.49 Billion
≈ $37.73 Million 		Rs263.83 Million India Sep 2025
21915 Guangdong Shaoneng Group Co Ltd
SHE:000601 		92.4% CN¥4.39 Billion
≈ $642.78 Million 		CN¥332.25 Million China Mar 2026
21916 Monadelphous Group Ltd
AU:MND 		92.4% AU$548.91 Million
≈ $388.39 Million 		AU$41.52 Million Australia Dec 2025
21917 Suzhou Harmontronics Auto Tech Co Ltd
SHG:688022 		92.4% CN¥683.84 Million
≈ $100.07 Million 		CN¥51.73 Million China Sep 2025
21918 Zhangjiagang Freetrade Science and Technology Co Ltd
SHG:600794 		92.4% CN¥2.65 Billion
≈ $387.47 Million 		CN¥200.35 Million China Mar 2026
21919 Vidrala SA
MC:VID 		92.4% €1.50 Billion
≈ $1.75 Billion 		€113.48 Million Spain Jun 2026
21920 Selvita S.A.
WAR:SLV 		92.4% zł317.10 Million
≈ $87.27 Million 		zł24.00 Million Poland Mar 2026
21921 Zhejiang XinAn Chemical Industrial Group Co Ltd
SHG:600596 		92.4% CN¥13.60 Billion
≈ $1.99 Billion 		CN¥1.03 Billion China Sep 2025
21922 JinkoSolar Holding Company Limited
NYSE:JKS 		92.4% $30.12 Billion $2.28 Billion USA Sep 2025
21923 Dr. Lal Path Labs Ltd.
NSE:LALPATHLAB 		92.4% Rs25.41 Billion
≈ $274.83 Million 		Rs1.93 Billion India Mar 2026
21924 Anhui Yuanchen Environmental Protection Science & Technology Co. Ltd.
SHG:688659 		92.4% CN¥517.38 Million
≈ $75.71 Million 		CN¥39.20 Million China Mar 2026
21925 SVG Optronics Co Ltd
SHE:300331 		92.4% CN¥1.74 Billion
≈ $254.94 Million 		CN¥132.03 Million China Mar 2026
21926 Brambles Ltd
AU:BXB 		92.4% AU$3.42 Billion
≈ $2.42 Billion 		AU$258.87 Million Australia Dec 2025
21927 I-Tech
ST:ITECH 		92.4% Skr189.83 Million
≈ $20.43 Million 		Skr14.39 Million Sweden Mar 2026
21928 Shanghai Yaohua Pilkington Glass Group Co Ltd A
SHG:600819 		92.4% CN¥4.76 Billion
≈ $696.01 Million 		CN¥360.49 Million China Sep 2025
21929 Wuhan Guide Infrared Co Ltd
SHE:002414 		92.4% CN¥7.41 Billion
≈ $1.08 Billion 		CN¥561.41 Million China Mar 2026
21930 Wuxi Xinhongye Wire & Cable Co. Ltd. A
SHE:301310 		92.4% CN¥2.47 Billion
≈ $361.84 Million 		CN¥187.50 Million China Mar 2026
21931 Tofas Turk Otomobil Fabrikasi AS
IS:TOASO 		92.4% TL65.74 Billion
≈ $1.47 Billion 		TL4.99 Billion Turkey Jun 2026
21932 Zhejiang Sf Oilless Bearing Co Ltd
SHE:300817 		92.4% CN¥1.08 Billion
≈ $158.11 Million 		CN¥81.94 Million China Mar 2026
21933 Sunstone Development Co Ltd
SHG:603612 		92.4% CN¥7.22 Billion
≈ $1.06 Billion 		CN¥547.64 Million China Sep 2025
21934 Keli Sensing Technology Ningbo Co Ltd
SHG:603662 		92.4% CN¥3.16 Billion
≈ $462.72 Million 		CN¥239.82 Million China Mar 2026
21935 Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd
SHG:600332 		92.4% CN¥41.89 Billion
≈ $6.13 Billion 		CN¥3.18 Billion China Mar 2026
21936 Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited
F:GU5 		92.4% €41.89 Billion
≈ $48.98 Billion 		€3.18 Billion Germany Mar 2026
21937 SY PUBLIC UTIL -H- (SH3.SG)
STU:SH3 		92.4% €148.59 Million
≈ $173.72 Million 		€11.27 Million Germany Dec 2025
21938 Qiiwi Games AB (publ)
ST:QIIWI 		92.4% Skr15.12 Million
≈ $1.63 Million 		Skr1.15 Million Sweden Mar 2026
21939 JK Paper Limited
NSE:JKPAPER 		92.4% Rs57.86 Billion
≈ $625.78 Million 		Rs4.39 Billion India Mar 2026
21940 Weave Communications Inc
NYSE:WEAV 		92.4% $84.97 Million $6.45 Million USA Jun 2026
21941 Bingshan Refrigeration and Heat Transfer Technologies Co Ltd
SHE:200530 		92.4% HK$3.23 Billion
≈ $412.92 Million 		HK$245.52 Million China Mar 2026
21942 Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530 		92.4% CN¥3.23 Billion
≈ $473.34 Million 		CN¥245.52 Million China Mar 2026
21943 GuangDong Leary New Material Technology Co. Ltd. A
SHG:688683 		92.4% CN¥1.34 Billion
≈ $195.42 Million 		CN¥101.37 Million China Mar 2026
21944 Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379 		92.4% CN¥7.73 Billion
≈ $1.13 Billion 		CN¥586.42 Million China Sep 2025
21945 Beijing Ctrowell Technology Corp Ltd
SHE:300455 		92.4% CN¥1.67 Billion
≈ $244.27 Million 		CN¥126.72 Million China Mar 2026
21946 Rianlon Corp
SHE:300596 		92.4% CN¥5.11 Billion
≈ $747.45 Million 		CN¥387.80 Million China Mar 2026
21947 PetroVietnam Fertilizer and Chemicals Corp
VN:DPM 		92.4% ₫11.82 Trillion
≈ $448.96 Million 		₫897.18 Billion Vietnam Mar 2026
21948 Zoomlion Heavy Industry Science and Technology Co. Ltd
F:8CZ 		92.4% €60.77 Billion
≈ $71.05 Billion 		€4.62 Billion Germany Mar 2026
21949 Erayak Power Solution Group Inc. Class A Ordinary Shares
NASDAQ:RAYA 		92.4% $35.27 Million $2.68 Million USA Mar 2026
21950 Thaicom Public Company Limited
BK:THCOM 		92.4% ฿9.96 Billion
≈ $310.54 Million 		฿756.76 Million Thailand Jun 2025
21951 Plantynet Co. Ltd
KQ:075130 		92.4% ₩81.43 Billion
≈ $55.18 Million 		₩6.19 Billion Korea Dec 2025
21952 Montauk Renewables Inc
NASDAQ:MNTK 		92.4% $260.73 Million $19.81 Million USA Sep 2025
21953 Shanghai Fudan Microelectronics Group Co Ltd
SHG:688385 		92.4% CN¥6.81 Billion
≈ $996.35 Million 		CN¥517.73 Million China Sep 2025
21954 Guangdong Hybribio Biotech Co Ltd
SHE:300639 		92.4% CN¥3.72 Billion
≈ $544.29 Million 		CN¥282.87 Million China Mar 2026
21955 Emei Shan Tourism Co Ltd
SHE:000888 		92.4% CN¥2.44 Billion
≈ $357.70 Million 		CN¥185.90 Million China Mar 2026
21956 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
21957 SHANGHAI FU. MIC.H YC-10
F:FUD 		92.4% €6.75 Billion
≈ $7.90 Billion 		€514.49 Million Germany Dec 2025
21958 Haohua Chemical Science & Technology Corp Ltd
SHG:600378 		92.4% CN¥19.27 Billion
≈ $2.82 Billion 		CN¥1.47 Billion China Mar 2026
21959 Sony Group Corp
NYSE:SONY 		92.4% $8.77 Trillion $668.52 Billion USA Jun 2026
21960 Planet Green Holdings Corp
NYSE MKT:PLAG 		92.4% $10.07 Million $767.41K USA Jun 2025
21961 Baltic Classifieds Group PLC
LSE:BCG 		92.4% GBX295.57 Million
≈ $35.96K 		GBX22.53 Million UK Apr 2026
21962 BALTIC CLASSIF.GR LS 001
F:983 		92.4% €295.51 Million
≈ $345.49 Million 		€22.52 Million Germany Apr 2026
21963 Ryerson Holding Corp
NYSE:RYI 		92.4% $763.60 Million $58.20 Million USA Dec 2025
21964 Ratch Group Public Company Limited
BK:RATCH 		92.4% ฿107.65 Billion
≈ $3.36 Billion 		฿8.21 Billion Thailand Dec 2025
21965 Ao World
LSE:AO 		92.4% GBX156.10 Million
≈ $18.99K 		GBX11.90 Million UK Sep 2025
21966 JC Chemical Co. Ltd
KQ:137950 		92.4% ₩143.32 Billion
≈ $97.13 Million 		₩10.93 Billion Korea Mar 2026
21967 Shanghai Kindly Entrp Dvlp Grp
SHG:603987 		92.4% CN¥3.05 Billion
≈ $446.94 Million 		CN¥232.88 Million China Sep 2025
21968 North Copper Shanxi Co Ltd
SHE:000737 		92.4% CN¥6.66 Billion
≈ $974.24 Million 		CN¥508.00 Million China Sep 2025
21969 Medpace Holdings Inc
NASDAQ:MEDP 		92.4% $433.86 Million $33.11 Million USA Jun 2026
21970 DASAN Networks Inc
KQ:039560 		92.4% ₩377.84 Billion
≈ $256.06 Million 		₩28.86 Billion Korea Sep 2025
21971 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
21972 Techwing Inc
KQ:089030 		92.4% ₩201.48 Billion
≈ $136.54 Million 		₩15.39 Billion Korea Mar 2026
21973 Palm Landscape Architecture Co Ltd
SHE:002431 		92.4% CN¥1.32 Billion
≈ $192.84 Million 		CN¥100.71 Million China Sep 2025
21974 Xiamen Kehua Hengsheng
SHE:002335 		92.4% CN¥6.63 Billion
≈ $970.38 Million 		CN¥506.91 Million China Mar 2026
21975 BK Technologies Inc
NYSE MKT:BKTI 		92.4% $44.70 Million $3.42 Million USA Dec 2025
21976 Hengtong Logistic Co Ltd
SHG:603223 		92.4% CN¥4.14 Billion
≈ $605.87 Million 		CN¥316.59 Million China Mar 2026
21977 Kesko Oyj
HE:KESKOA 		92.3% €2.68 Billion
≈ $3.13 Billion 		€204.90 Million Finland Jun 2026
21978 Beijing Join-Cheer Software Co Ltd
SHE:002279 		92.3% CN¥1.43 Billion
≈ $208.57 Million 		CN¥109.09 Million China Sep 2025
21979 China Camc Engineering Co Ltd
SHE:002051 		92.3% CN¥11.81 Billion
≈ $1.73 Billion 		CN¥904.21 Million China Mar 2026
21980 Beijing ZznodeTechnologies Co Ltd
SHE:003007 		92.3% CN¥875.94 Million
≈ $128.18 Million 		CN¥67.07 Million China Mar 2026
21981 Jiangsu Chengxing Phosph-Chemical Co Ltd
SHG:600078 		92.3% CN¥2.02 Billion
≈ $296.24 Million 		CN¥155.01 Million China Jun 2025
21982 Woory Industrial Holdings Co.Ltd
KQ:072470 		92.3% ₩217.27 Billion
≈ $147.24 Million 		₩16.64 Billion Korea Mar 2026
21983 Jilin Power Share Co Ltd
SHE:000875 		92.3% CN¥27.14 Billion
≈ $3.97 Billion 		CN¥2.08 Billion China Sep 2025
21984 Sijin Intelligent Forming Machinery
SHE:003025 		92.3% CN¥1.30 Billion
≈ $190.30 Million 		CN¥99.59 Million China Mar 2026
21985 Socar Inc.
KO:403550 		92.3% ₩178.61 Billion
≈ $121.04 Million 		₩13.69 Billion Korea Sep 2025
21986 AVIC Aircraft Co Ltd
SHE:000768 		92.3% CN¥22.53 Billion
≈ $3.30 Billion 		CN¥1.73 Billion China Mar 2026
21987 Axon Enterprise Inc.
NASDAQ:AXON 		92.3% $3.67 Billion $281.58 Million USA Jun 2026
21988 LLOYDS METALS AND ENERGY LTD.
NSE:LLOYDSME 		92.3% Rs142.66 Billion
≈ $1.54 Billion 		Rs10.93 Billion India Mar 2026
21989 Shenyang Machine Tool Co Ltd
SHE:000410 		92.3% CN¥4.30 Billion
≈ $628.73 Million 		CN¥329.28 Million China Mar 2026
21990 Guangxi Liugong Machinery Co Ltd
SHE:000528 		92.3% CN¥20.17 Billion
≈ $2.95 Billion 		CN¥1.55 Billion China Mar 2026
21991 Virgin Wines UK PLC
LSE:VINO 		92.3% GBX22.62 Million
≈ $2.75K 		GBX1.73 Million UK Jun 2025
21992 Guangdong Dp Co Ltd
SHE:300808 		92.3% CN¥969.59 Million
≈ $141.88 Million 		CN¥74.39 Million China Sep 2025
21993 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
21994 AGS Transact Technologies Limited
NSE:AGSTRA 		92.3% Rs5.35 Billion
≈ $57.82 Million 		Rs410.33 Million India Sep 2024
21995 Zhejiang Dayuan Pumps Ind Co
SHG:603757 		92.3% CN¥2.12 Billion
≈ $309.58 Million 		CN¥162.36 Million China Mar 2026
21996 Vedant Fashions Limited
NSE:MANYAVAR 		92.3% Rs19.64 Billion
≈ $212.44 Million 		Rs1.51 Billion India Mar 2026
21997 Xiamen Meiya Pico Information
SHE:300188 		92.3% CN¥3.26 Billion
≈ $476.75 Million 		CN¥250.16 Million China Sep 2025
21998 UBS Group AG
SW:UBSG 		92.3% CHF90.48 Billion
≈ $114.40 Billion 		CHF6.95 Billion Switzerland Dec 2025
21999 Safehold Inc
NYSE:SAFE 		92.3% $2.63 Billion $202.25 Million USA Jun 2026
22000 Elia Group SA/NV
BR:ELI 		92.3% €8.44 Billion
≈ $9.87 Billion 		€648.70 Million Belgium Jun 2025