Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
92.0%
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 |
|---|---|---|---|---|---|---|
| 22001 |
Suzhou Hycan Holdings Co Ltd
SHE:002787 |
92.1% |
CN¥1.89 Billion
≈ $277.20 Million |
CN¥150.53 Million | China | Mar 2026 |
| 22002 |
Hindustan Aeronautics Limited
NSE:HAL |
92.1% |
Rs371.18 Billion
≈ $4.01 Billion |
Rs29.50 Billion | India | Sep 2025 |
| 22003 |
Beijing Jingneng Power Co Ltd
SHG:600578 |
92.1% |
CN¥37.27 Billion
≈ $5.45 Billion |
CN¥2.96 Billion | China | Mar 2026 |
| 22004 |
Hunan Huakai Cultural and Creative Co Ltd
SHE:300592 |
92.1% |
CN¥2.37 Billion
≈ $346.98 Million |
CN¥188.44 Million | China | Jun 2025 |
| 22005 |
Emei Shan Tourism Co Ltd
SHE:000888 |
92.1% |
CN¥2.52 Billion
≈ $368.08 Million |
CN¥199.94 Million | China | Sep 2025 |
| 22006 |
Inrom Construction Industries Ltd
TA:INRM |
92.1% |
ILA1.31 Billion
≈ $3.52 Million |
ILA104.28 Million | Israel | Dec 2025 |
| 22007 |
Argus Shanghai Textile Chemicals Co Ltd
SHG:603790 |
92.0% |
CN¥1.36 Billion
≈ $199.38 Million |
CN¥108.33 Million | China | Mar 2026 |
| 22008 |
Fujian Foxit Software Development Joint Stock Co Ltd
SHG:688095 |
92.0% |
CN¥2.75 Billion
≈ $401.91 Million |
CN¥218.43 Million | China | Sep 2025 |
| 22009 |
Worley Ltd
AU:WOR |
92.0% |
AU$5.34 Billion
≈ $3.78 Billion |
AU$425.00 Million | Australia | Dec 2025 |
| 22010 |
Madusari Murni Indah Tbk PT
JK:MOLI |
92.0% |
Rp1.44 Trillion
≈ $84.50 Million |
Rp114.73 Billion | Indonesia | Dec 2025 |
| 22011 |
Scicom MSC Bhd
KLSE:0099 |
92.0% |
RM123.30 Million
≈ $30.96 Million |
RM9.81 Million | Malaysia | Mar 2026 |
| 22012 |
Lyka Labs Limited
NSE:LYKALABS |
92.0% |
Rs1.01 Billion
≈ $10.96 Million |
Rs80.66 Million | India | Sep 2025 |
| 22013 |
Shenzhen Zhongheng Huafa Co Ltd Class B
SHE:200020 |
92.0% |
HK$418.00 Million
≈ $53.36 Million |
HK$33.26 Million | China | Jun 2025 |
| 22014 |
Nasmed Ozel Saglik Hizmetleri Ticaret AS
IS:EGEPO |
92.0% |
TL1.39 Billion
≈ $31.20 Million |
TL110.89 Million | Turkey | Dec 2024 |
| 22015 |
Finning International Inc.
TO:FTT |
92.0% |
CA$2.79 Billion
≈ $2.02 Billion |
CA$222.00 Million | Canada | Dec 2025 |
| 22016 |
Fujian Superpipe
SHE:300198 |
92.0% |
CN¥489.76 Million
≈ $71.67 Million |
CN¥39.02 Million | China | Mar 2026 |
| 22017 |
Grocery Outlet Holding Corp
NASDAQ:GO |
92.0% | $983.66 Million | $78.38 Million | USA | Dec 2025 |
| 22018 |
Fiverr International Ltd
NYSE:FVRR |
92.0% | $420.70 Million | $33.52 Million | USA | Mar 2026 |
| 22019 |
CRH PLC
LSE:CRH |
92.0% |
GBX24.55 Billion
≈ $2.99 Million |
GBX1.96 Billion | UK | Mar 2026 |
| 22020 |
Phreesia Inc
NYSE:PHR |
92.0% | $320.33 Million | $25.53 Million | USA | Oct 2025 |
| 22021 |
INKON Life Technology Co Ltd
SHE:300143 |
92.0% |
CN¥2.65 Billion
≈ $387.82 Million |
CN¥211.27 Million | China | Mar 2026 |
| 22022 |
Winner Medical Co Ltd
SHE:300888 |
92.0% |
CN¥12.54 Billion
≈ $1.84 Billion |
CN¥1.00 Billion | China | Mar 2026 |
| 22023 |
ClearSign Combustion Corporation
NASDAQ:CLIR |
92.0% | $9.53 Million | $760.00K | USA | Dec 2025 |
| 22024 |
Hooker Furniture Corporation
NASDAQ:HOFT |
92.0% | $169.76 Million | $13.54 Million | USA | Oct 2025 |
| 22025 |
Jiangsu Riying Electns Co Ltd
SHG:603286 |
92.0% |
CN¥841.44 Million
≈ $123.13 Million |
CN¥67.12 Million | China | Sep 2025 |
| 22026 |
Kunshan Kinglai Hygienic Materials Co Ltd
SHE:300260 |
92.0% |
CN¥2.09 Billion
≈ $305.32 Million |
CN¥166.45 Million | China | Sep 2025 |
| 22027 |
Sunview Group Bhd
KLSE:0262 |
92.0% |
RM100.25 Million
≈ $25.17 Million |
RM8.00 Million | Malaysia | Dec 2025 |
| 22028 |
AA Industrial Belting
SHG:603580 |
92.0% |
CN¥522.18 Million
≈ $76.41 Million |
CN¥41.68 Million | China | Mar 2026 |
| 22029 |
Xinjiang Communications Construction Group Co Ltd Class A
SHE:002941 |
92.0% |
CN¥6.28 Billion
≈ $918.69 Million |
CN¥501.30 Million | China | Mar 2026 |
| 22030 |
Acacia Research Corporation
NASDAQ:ACTG |
92.0% | $567.23 Million | $45.29 Million | USA | Mar 2026 |
| 22031 |
Capital Appreciation Ltd
JSE:CTA |
92.0% |
ZAC1.53 Billion
≈ $815.75K |
ZAC122.60 Million | South Africa | Mar 2025 |
| 22032 |
Guangdong Yantang Dairy Co Ltd
SHE:002732 |
92.0% |
CN¥1.53 Billion
≈ $223.92 Million |
CN¥122.29 Million | China | Mar 2026 |
| 22033 |
Earth-Panda Advanced Magnetic Material Co Ltd
SHG:688077 |
92.0% |
CN¥1.11 Billion
≈ $162.21 Million |
CN¥88.62 Million | China | Sep 2025 |
| 22034 |
Cantaloupe Inc
NASDAQ:CTLP |
92.0% | $255.18 Million | $20.41 Million | USA | Dec 2025 |
| 22035 |
Hengan International Group Company Limited
F:HGNC |
92.0% |
€21.64 Billion
≈ $25.30 Billion |
€1.73 Billion | Germany | Jun 2025 |
| 22036 |
NEXTLEAF SOLUTIONS
F:L0MA |
92.0% |
€4.86 Million
≈ $5.69 Million |
€388.90K | Germany | Dec 2025 |
| 22037 |
Megachem (Thailand) Public Company Limited
BK:MGT |
92.0% |
฿794.04 Million
≈ $24.75 Million |
฿63.53 Million | Thailand | Sep 2025 |
| 22038 |
Shenzhen Sunshine Laser & Electronics Technology Co Ltd
SHE:300227 |
92.0% |
CN¥1.59 Billion
≈ $233.35 Million |
CN¥127.58 Million | China | Mar 2026 |
| 22039 |
International Money Express Inc
NASDAQ:IMXI |
92.0% | $304.53 Million | $24.37 Million | USA | Mar 2026 |
| 22040 |
Raisecom Technology Co Ltd
SHG:603803 |
92.0% |
CN¥1.54 Billion
≈ $224.85 Million |
CN¥122.98 Million | China | Mar 2026 |
| 22041 |
Hundsun Technologies Inc
SHG:600570 |
92.0% |
CN¥9.81 Billion
≈ $1.44 Billion |
CN¥785.15 Million | China | Sep 2025 |
| 22042 |
Foodnamoo. Inc
KQ:290720 |
92.0% |
₩28.97 Billion
≈ $19.63 Million |
₩2.32 Billion | Korea | Mar 2026 |
| 22043 |
Kaap Agri Bedryf Employee and Farm Worker Bee Trust
JSE:KAL |
92.0% |
ZAC3.64 Billion
≈ $1.93 Million |
ZAC291.32 Million | South Africa | Sep 2025 |
| 22044 |
Wuhan Sante Cableway Group Co Ltd
SHE:002159 |
92.0% |
CN¥1.52 Billion
≈ $221.71 Million |
CN¥121.40 Million | China | Sep 2025 |
| 22045 |
Bodhi Tree Multimedia Limited
NSE:BTML |
92.0% |
Rs874.25 Million
≈ $9.45 Million |
Rs70.06 Million | India | Mar 2026 |
| 22046 |
Hunan Er Kang Pharmaceutical
SHE:300267 |
92.0% |
CN¥4.42 Billion
≈ $646.12 Million |
CN¥353.85 Million | China | Jun 2025 |
| 22047 |
Beingmate Baby & Child Food Co Ltd
SHE:002570 |
92.0% |
CN¥1.69 Billion
≈ $247.19 Million |
CN¥135.38 Million | China | Mar 2026 |
| 22048 |
Honasa Consumer Limited
NSE:HONASA |
92.0% |
Rs12.71 Billion
≈ $137.44 Million |
Rs1.02 Billion | India | Sep 2025 |
| 22049 |
Shanghai Luoman Lighting Technologies Inc.
SHG:605289 |
92.0% |
CN¥1.52 Billion
≈ $222.55 Million |
CN¥121.93 Million | China | Mar 2026 |
| 22050 |
Vyome Holdings, Inc.
NASDAQ:HIND |
92.0% | $3.92 Million | $314.19K | USA | Sep 2025 |
| 22051 |
Siti Networks Limited
NSE:SITINET |
92.0% |
Rs13.76 Billion
≈ $148.82 Million |
Rs1.10 Billion | India | Dec 2021 |
| 22052 |
Shenzhen Tagen Group Co Ltd
SHE:000090 |
92.0% |
CN¥14.65 Billion
≈ $2.14 Billion |
CN¥1.18 Billion | China | Mar 2026 |
| 22053 |
TGE Value Creative Solutions Corp
NYSE:BEBE |
92.0% | $47.44 Million | $3.81 Million | USA | Sep 2023 |
| 22054 |
Changshu Automotive Trim Co
SHG:603035 |
92.0% |
CN¥5.49 Billion
≈ $802.91 Million |
CN¥440.13 Million | China | Mar 2026 |
| 22055 |
Caspar
WAR:CSR |
92.0% |
zł35.08 Million
≈ $9.65 Million |
zł2.81 Million | Poland | Mar 2026 |
| 22056 |
Luyin Investment Group Co Ltd
SHG:600784 |
92.0% |
CN¥3.64 Billion
≈ $533.21 Million |
CN¥292.54 Million | China | Mar 2026 |
| 22057 |
CMC Markets PLC
LSE:CMCX |
92.0% |
GBX456.18 Million
≈ $55.50K |
GBX36.63 Million | UK | Mar 2026 |
| 22058 |
CSPC PHARMACEUT.GR. ADR4
F:CVGU |
92.0% |
€34.55 Billion
≈ $40.39 Billion |
€2.77 Billion | Germany | Dec 2025 |
| 22059 |
CSPC Pharmaceutical Group Limited
F:CVG |
92.0% |
€34.55 Billion
≈ $40.39 Billion |
€2.77 Billion | Germany | Dec 2025 |
| 22060 |
Jiangsu Kanion Pharmaceutical Co Ltd
SHG:600557 |
92.0% |
CN¥4.91 Billion
≈ $718.90 Million |
CN¥394.57 Million | China | Sep 2025 |
| 22061 |
Rogers Corporation
NYSE:ROG |
92.0% | $1.19 Billion | $95.80 Million | USA | Mar 2026 |
| 22062 |
Data Patterns (India) Limited
NSE:DATAPATTNS |
92.0% |
Rs15.38 Billion
≈ $166.31 Million |
Rs1.24 Billion | India | Sep 2025 |
| 22063 |
Guangdong Feinan Resources Recycling Co Ltd
SHE:301500 |
92.0% |
CN¥4.89 Billion
≈ $715.36 Million |
CN¥392.70 Million | China | Jun 2025 |
| 22064 |
Media Lab SpA
PA:MLLAB |
92.0% Annual |
€1.37 Million
≈ $1.60 Million |
€110.03K | France | Dec 2024 |
| 22065 |
Shanghai Lianming Machinery Co Ltd
SHG:603006 |
92.0% |
CN¥1.56 Billion
≈ $228.65 Million |
CN¥125.56 Million | China | Sep 2025 |
| 22066 |
Jiangsu Tongrun Equipment Technology Co Ltd
SHE:002150 |
92.0% |
CN¥2.27 Billion
≈ $331.88 Million |
CN¥182.25 Million | China | Sep 2025 |
| 22067 |
CMG Pharmaceutical Co. Ltd
KQ:058820 |
92.0% |
₩201.55 Billion
≈ $136.59 Million |
₩16.20 Billion | Korea | Dec 2025 |
| 22068 |
Aalborg Boldspilklub A/S
CO:AAB |
92.0% |
Dkr84.23 Million
≈ $13.18 Million |
Dkr6.77 Million | Denmark | Jun 2025 |
| 22069 |
51Talk Online Education Group
NYSE MKT:COE |
92.0% | $1.22 Million | $98.00K | USA | Jun 2023 |
| 22070 |
Sumavision Technologies
SHE:300079 |
92.0% |
CN¥4.22 Billion
≈ $617.48 Million |
CN¥339.24 Million | China | Sep 2025 |
| 22071 |
IG Design Group plc
LSE:IGR |
92.0% |
GBX138.95 Million
≈ $16.91K |
GBX11.17 Million | UK | Sep 2025 |
| 22072 |
Yantai Eddie Precision Mach
SHG:603638 |
92.0% |
CN¥3.98 Billion
≈ $582.01 Million |
CN¥319.94 Million | China | Mar 2026 |
| 22073 |
Geratherm Medical AG
XETRA:GME |
92.0% |
€20.58 Million
≈ $24.06 Million |
€1.66 Million | Germany | Jun 2025 |
| 22074 |
Shenzhen Everwin Precision Tech
SHE:300115 |
92.0% |
CN¥8.94 Billion
≈ $1.31 Billion |
CN¥719.39 Million | China | Mar 2026 |
| 22075 |
Qisda Corp
TW:2352 |
91.9% |
NT$60.44 Billion
≈ $1.90 Billion |
NT$4.87 Billion | Taiwan | Mar 2026 |
| 22076 |
Smarter Microelectronics (Guangzhou) Co. Ltd. A
SHG:688512 |
91.9% |
CN¥1.59 Billion
≈ $232.58 Million |
CN¥128.01 Million | China | Mar 2026 |
| 22077 |
CRRC Corporation Limited
F:C2L |
91.9% |
€219.88 Billion
≈ $257.07 Billion |
€17.72 Billion | Germany | Mar 2026 |
| 22078 |
Shen Ma Industry Co Ltd
SHG:600810 |
91.9% |
CN¥11.96 Billion
≈ $1.75 Billion |
CN¥963.74 Million | China | Mar 2026 |
| 22079 |
FN REPUBLIC Co. Ltd
KQ:064090 |
91.9% |
₩72.75 Billion
≈ $49.30 Million |
₩5.86 Billion | Korea | Sep 2025 |
| 22080 |
Bet Shemesh Engines Holdings 1997 Ltd
TA:BSEN |
91.9% |
ILA298.76 Million
≈ $800.97K |
ILA24.09 Million | Israel | Dec 2025 |
| 22081 |
Amsterdam Commodities NV
AS:ACOMO |
91.9% |
€436.97 Million
≈ $510.86 Million |
€35.23 Million | Netherlands | Dec 2025 |
| 22082 |
IndoStar Capital Finance Limited
NSE:INDOSTAR |
91.9% |
Rs37.83 Billion
≈ $409.08 Million |
Rs3.05 Billion | India | Mar 2026 |
| 22083 |
Omni Bridgeway Ltd
AU:OBL |
91.9% |
AU$924.31 Million
≈ $654.01 Million |
AU$74.55 Million | Australia | Dec 2025 |
| 22084 |
NexG Bhd
KLSE:5216 |
91.9% |
RM539.78 Million
≈ $135.52 Million |
RM43.54 Million | Malaysia | Mar 2026 |
| 22085 |
Shinsegae Food
KO:031440 |
91.9% |
₩317.44 Billion
≈ $215.13 Million |
₩25.61 Billion | Korea | Sep 2025 |
| 22086 |
Zhongfu Shenying Carbon Fiber Co. Ltd. A
SHG:688295 |
91.9% |
CN¥4.75 Billion
≈ $695.41 Million |
CN¥383.46 Million | China | Mar 2026 |
| 22087 |
Shinry Technologies Co Ltd Class A
SHE:300745 |
91.9% |
CN¥2.22 Billion
≈ $324.39 Million |
CN¥178.90 Million | China | Mar 2026 |
| 22088 |
Jiangsu General Science Tech
SHG:601500 |
91.9% |
CN¥6.19 Billion
≈ $906.21 Million |
CN¥499.85 Million | China | Mar 2026 |
| 22089 |
Black Box Limited
NSE:BBOX |
91.9% |
Rs9.05 Billion
≈ $97.86 Million |
Rs730.70 Million | India | Sep 2025 |
| 22090 |
U.S. Bancorp
NYSE:USB |
91.9% | $63.80 Billion | $5.15 Billion | USA | Sep 2025 |
| 22091 |
Resimac Group Ltd
AU:RMC |
91.9% |
AU$397.95 Million
≈ $281.57 Million |
AU$32.14 Million | Australia | Dec 2025 |
| 22092 |
Qingdao Doublestar Co Ltd
SHE:000599 |
91.9% |
CN¥11.12 Billion
≈ $1.63 Billion |
CN¥898.69 Million | China | Mar 2026 |
| 22093 |
HAPAG-LLOYD UNSP.ADR 1/2
F:HLAA |
91.9% |
€17.99 Billion
≈ $21.03 Billion |
€1.45 Billion | Germany | Dec 2025 |
| 22094 |
Fujian Tianma Science and Technology Group Co Ltd
SHG:603668 |
91.9% |
CN¥2.69 Billion
≈ $394.30 Million |
CN¥217.74 Million | China | Mar 2026 |
| 22095 |
The Navigator Company SA
LS:NVG |
91.9% |
€1.36 Billion
≈ $1.59 Billion |
€109.93 Million | Portugal | Jun 2025 |
| 22096 |
Digital Realty Trust Inc
NYSE:DLR |
91.9% | $25.40 Billion | $2.05 Billion | USA | Mar 2026 |
| 22097 |
Honda Motor Co Ltd ADR
NYSE:HMC |
91.9% | $12.78 Trillion | $1.03 Trillion | USA | Dec 2025 |
| 22098 |
Cenntro Electric Group Ltd
NASDAQ:CENN |
91.9% | $76.14 Million | $6.16 Million | USA | Sep 2025 |
| 22099 |
Rotork PLC
LSE:ROR |
91.9% |
GBX569.20 Million
≈ $69.26K |
GBX46.10 Million | UK | Jun 2025 |
| 22100 |
Cass Information Systems Inc
NASDAQ:CASS |
91.9% | $241.79 Million | $19.60 Million | USA | Mar 2026 |