Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

92.2%
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
22001 Baotou Dongbao Bio-Tech Co Ltd
SHE:300239 		92.3% CN¥1.74 Billion
≈ $255.04 Million 		CN¥133.93 Million China Mar 2026
22002 TianJin JinRong TianYu Precision Machinery Inc.
SHE:300988 		92.3% CN¥1.27 Billion
≈ $185.37 Million 		CN¥97.35 Million China Sep 2025
22003 Frauenthal Holding AG
VI:FKA 		92.3% €137.94 Million
≈ $161.27 Million 		€10.60 Million Austria Dec 2025
22004 Quickfee Ltd
AU:QFE 		92.3% AU$5.53 Million
≈ $3.91 Million 		AU$425.00K Australia Jun 2025
22005 Opple Lighting Co Ltd
SHG:603515 		92.3% CN¥7.15 Billion
≈ $1.05 Billion 		CN¥549.53 Million China Mar 2026
22006 Wave Electronics Co. Ltd
KQ:095270 		92.3% ₩51.91 Billion
≈ $35.18 Million 		₩3.99 Billion Korea Mar 2026
22007 Trip.com Group Ltd ADR
NASDAQ:TCOM 		92.3% $169.98 Billion $13.07 Billion USA Sep 2025
22008 TSINGTAO BREWE. H ADR/5
F:TSI0 		92.3% €33.29 Billion
≈ $38.92 Billion 		€2.56 Billion Germany Mar 2026
22009 Shenzhen Weiguang Biological Products Co Ltd
SHE:002880 		92.3% CN¥2.48 Billion
≈ $362.30 Million 		CN¥190.51 Million China Mar 2026
22010 Brady Corporation
NYSE:BRC 		92.3% $1.34 Billion $103.42 Million USA Apr 2026
22011 Mizuho Financial Group Inc.
NYSE:MFG 		92.3% $11.51 Trillion $885.88 Billion USA Jun 2026
22012 Groupon Inc
NASDAQ:GRPN 		92.3% $51.32 Million $3.95 Million USA Jun 2025
22013 Zhejiang Great Shengda Packaging Co Ltd
SHG:603687 		92.3% CN¥3.47 Billion
≈ $508.23 Million 		CN¥267.33 Million China Sep 2025
22014 Madusari Murni Indah Tbk PT
JK:MOLI 		92.3% Rp1.49 Trillion
≈ $87.34 Million 		Rp114.73 Billion Indonesia Jun 2026
22015 Kayseri Seker Fabrikasi AS
IS:KAYSE 		92.3% TL28.29 Billion
≈ $633.65 Million 		TL2.18 Billion Turkey Jul 2024
22016 Shanghai Yaohua Pilkington Glass Group Co Ltd B
SHG:900918 		92.3% $4.73 Billion $364.46 Million China Jun 2025
22017 Hyundai Engineering & Construction Co Ltd
KO:000725 		92.3% ₩9.91 Trillion
≈ $6.72 Billion 		₩764.11 Billion Korea Sep 2025
22018 Hyundai Engineering & Construction
KO:000720 		92.3% ₩9.91 Trillion
≈ $6.72 Billion 		₩764.11 Billion Korea Sep 2025
22019 Acacia Research Corporation
NASDAQ:ACTG 		92.3% $557.02 Million $42.94 Million USA Jun 2026
22020 Boiron SA
PA:BOI 		92.3% €392.78 Million
≈ $459.20 Million 		€30.28 Million France Dec 2025
22021 Appfolio Inc
NASDAQ:APPF 		92.3% $470.23 Million $36.27 Million USA Mar 2026
22022 Hunan Haili Chemical Co Ltd
SHG:600731 		92.3% CN¥3.36 Billion
≈ $491.79 Million 		CN¥259.26 Million China Mar 2026
22023 Dana Inc
NYSE:DAN 		92.3% $920.00 Million $71.00 Million USA Dec 2025
22024 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
22025 Bodegas Riojanas S.A.
MC:RIO 		92.3% €18.55 Million
≈ $21.69 Million 		€1.43 Million Spain Jun 2025
22026 CONSUN PHARMAC.GR.HD -10
F:C1P 		92.3% €4.84 Billion
≈ $5.66 Billion 		€373.62 Million Germany Dec 2025
22027 Pansoft Company Limited
SHE:300996 		92.3% CN¥1.29 Billion
≈ $188.57 Million 		CN¥99.52 Million China Jun 2025
22028 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
22029 Key Alliance Group Bhd
KLSE:0036 		92.3% RM76.72 Million
≈ $19.26 Million 		RM5.93 Million Malaysia Dec 2025
22030 Shandong Jinling Mining Co Ltd
SHE:000655 		92.3% CN¥3.56 Billion
≈ $520.69 Million 		CN¥274.93 Million China Sep 2025
22031 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
22032 Spineguard
PA:ALSGD 		92.3% €4.28 Million
≈ $5.01 Million 		€331.11K France Jun 2025
22033 Hanmi Pharm Co Ltd
KO:128940 		92.3% ₩1.35 Trillion
≈ $911.96 Million 		₩104.01 Billion Korea Sep 2025
22034 Mueller Industries Inc
NYSE:MLI 		92.3% $3.57 Billion $276.30 Million USA Jun 2026
22035 Jiangsu Tongli Risheng Machinery Co. Ltd.
SHG:605286 		92.3% CN¥2.61 Billion
≈ $381.94 Million 		CN¥201.78 Million China Mar 2026
22036 Jinzhou Jixiang Molybdenum Co Ltd
SHG:603399 		92.3% CN¥1.72 Billion
≈ $251.23 Million 		CN¥132.76 Million China Sep 2025
22037 System1 Group PLC
LSE:SYS1 		92.3% GBX14.36 Million
≈ $1.75K 		GBX1.11 Million UK Sep 2025
22038 Earth-Panda Advanced Magnetic Material Co Ltd
SHG:688077 		92.3% CN¥1.14 Billion
≈ $166.10 Million 		CN¥87.86 Million China Mar 2026
22039 James Fisher and Sons PLC
LSE:FSJ 		92.3% GBX187.30 Million
≈ $22.79K 		GBX14.50 Million UK Dec 2025
22040 Vestel Beyaz Esya Sanayi ve Ticaret AS
IS:VESBE 		92.3% TL36.01 Billion
≈ $806.54 Million 		TL2.79 Billion Turkey Mar 2025
22041 Grasim Industries Limited
NSE:GRASIM 		92.3% Rs1.62 Trillion
≈ $17.54 Billion 		Rs125.69 Billion India Sep 2025
22042 Asseco South Eastern Europe S.A.
WAR:ASE 		92.2% zł1.01 Billion
≈ $277.98 Million 		zł78.28 Million Poland Jun 2025
22043 Hubei Huitian New Materials
SHE:300041 		92.2% CN¥3.25 Billion
≈ $475.50 Million 		CN¥251.86 Million China Mar 2026
22044 Close Brothers Group plc
F:CS3 		92.2% €1.66 Billion
≈ $1.94 Billion 		€128.90 Million Germany Jan 2026
22045 Mister Spex SE
F:MRX 		92.2% €60.75 Million
≈ $71.02 Million 		€4.71 Million Germany Jun 2025
22046 Shandong Hualu Hengsheng Chemical Co Ltd
SHG:600426 		92.2% CN¥36.62 Billion
≈ $5.36 Billion 		CN¥2.84 Billion China Mar 2026
22047 Harmony Biosciences Holdings
NASDAQ:HRMY 		92.2% $999.24 Million $77.50 Million USA Jun 2026
22048 Komipharm International Co. Ltd
KQ:041960 		92.2% ₩72.06 Billion
≈ $48.83 Million 		₩5.59 Billion Korea Dec 2025
22049 LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG
XETRA:ECK 		92.2% €59.30 Million
≈ $69.33 Million 		€4.60 Million Germany Jun 2026
22050 Zhejiang Huayou Cobalt Co Ltd
SHG:603799 		92.2% CN¥63.63 Billion
≈ $9.31 Billion 		CN¥4.94 Billion China Mar 2026
22051 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
22052 Nanjing Sunlord Electronics Corporation LTD
SHE:300975 		92.2% CN¥2.77 Billion
≈ $405.70 Million 		CN¥215.24 Million China Mar 2026
22053 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
22054 Zhe Jiang Kangsheng Co Ltd
SHE:002418 		92.2% CN¥1.62 Billion
≈ $236.42 Million 		CN¥125.45 Million China Sep 2025
22055 BizLink Holding Inc
TW:3665 		92.2% NT$42.04 Billion
≈ $1.32 Billion 		NT$3.27 Billion Taiwan Sep 2025
22056 Kangping Technology (Suzhou) Co. Ltd.
SHE:300907 		92.2% CN¥797.64 Million
≈ $116.72 Million 		CN¥61.96 Million China Sep 2025
22057 Xinya Electronic Co Ltd
SHG:605277 		92.2% CN¥1.62 Billion
≈ $236.61 Million 		CN¥125.62 Million China Sep 2025
22058 Vatti Corp Ltd
SHE:002035 		92.2% CN¥3.90 Billion
≈ $570.76 Million 		CN¥303.24 Million China Mar 2026
22059 Zhejiang Changhua Auto Parts Co Ltd
SHG:605018 		92.2% CN¥2.72 Billion
≈ $397.96 Million 		CN¥211.56 Million China Sep 2025
22060 Hongli Group Inc. Ordinary Shares
NASDAQ:HLP 		92.2% $57.83 Million $4.50 Million USA Mar 2026
22061 Chubb Ltd
NYSE:CB 		92.2% $79.91 Billion $6.22 Billion USA Mar 2026
22062 Ningbo Xusheng Auto Technology Co Ltd
SHG:603305 		92.2% CN¥9.36 Billion
≈ $1.37 Billion 		CN¥727.97 Million China Mar 2026
22063 ANZ Group Holdings Ltd
AU:ANZ 		92.2% AU$71.76 Billion
≈ $50.77 Billion 		AU$5.58 Billion Australia Mar 2026
22064 Jinzhou Port Co Ltd B
SHG:900952 		92.2% $4.37 Billion $340.24 Million China Sep 2024
22065 Hunan Valin Steel Co Ltd
SHE:000932 		92.2% CN¥69.40 Billion
≈ $10.16 Billion 		CN¥5.40 Billion China Mar 2026
22066 Remgro Ltd
JSE:REM 		92.2% ZAC126.29 Billion
≈ $67.12 Million 		ZAC9.83 Billion South Africa Dec 2025
22067 Jahen Household Products Co. Ltd.
SHE:300955 		92.2% CN¥865.77 Million
≈ $126.69 Million 		CN¥67.41 Million China Mar 2026
22068 Redeia Corporacion S.A.
MC:RED 		92.2% €5.81 Billion
≈ $6.79 Billion 		€452.00 Million Spain Jun 2026
22069 LeMaitre Vascular Inc
NASDAQ:LMAT 		92.2% $406.62 Million $31.67 Million USA Mar 2026
22070 Zhengzhou Coal Mining Machinery Group Co Ltd
SHG:601717 		92.2% CN¥23.88 Billion
≈ $3.49 Billion 		CN¥1.86 Billion China Sep 2025
22071 Qijing Machinery
SHG:603677 		92.2% CN¥1.17 Billion
≈ $171.14 Million 		CN¥91.11 Million China Mar 2026
22072 Tune Protect Group Bhd
KLSE:5230 		92.2% RM602.94 Million
≈ $151.38 Million 		RM47.00 Million Malaysia Sep 2025
22073 Sichuan Goldstone Orient New Material Equipment Co Ltd
SHE:300434 		92.2% CN¥2.51 Billion
≈ $366.86 Million 		CN¥195.44 Million China Jun 2025
22074 NS Co. Ltd
KQ:217820 		92.2% ₩97.35 Billion
≈ $65.97 Million 		₩7.59 Billion Korea Mar 2026
22075 Hangzhou Cable
SHG:603618 		92.2% CN¥2.79 Billion
≈ $407.97 Million 		CN¥217.41 Million China Mar 2026
22076 RIO Tinto Ltd
AU:RIO 		92.2% AU$67.07 Billion
≈ $47.46 Billion 		AU$5.23 Billion Australia Dec 2025
22077 ZIP Co Ltd
AU:ZIP 		92.2% AU$709.52 Million
≈ $502.03 Million 		AU$55.34 Million Australia Jun 2025
22078 SmartRent Inc
NYSE:SMRT 		92.2% $225.14 Million $17.56 Million USA Jun 2026
22079 Clasquin
PA:ALCLA 		92.2% €67.74 Million
≈ $79.19 Million 		€5.29 Million France Jun 2024
22080 Lexaria Bioscience Corp
NASDAQ:LEXX 		92.2% $4.34 Million $339.02K USA May 2026
22081 Starlake Bioscience Co Inc Zhaoqing Guangdong
SHG:600866 		92.2% CN¥8.40 Billion
≈ $1.23 Billion 		CN¥655.78 Million China Mar 2026
22082 Bank Bukopin Tbk
JK:BBKP 		92.2% Rp8.04 Trillion
≈ $471.39 Million 		Rp628.10 Billion Indonesia Mar 2026
22083 Synergy Innovation Co. Ltd
KQ:048870 		92.2% ₩274.87 Billion
≈ $186.28 Million 		₩21.47 Billion Korea Mar 2026
22084 AAC TECHNOLOG.HLDG.ADR/
F:A2X 		92.2% €23.76 Billion
≈ $27.78 Billion 		€1.86 Billion Germany Jun 2025
22085 Voxel S.A.
WAR:VOX 		92.2% zł448.06 Million
≈ $123.31 Million 		zł35.01 Million Poland Mar 2026
22086 The Hi-Tech Gears Limited
NSE:HITECHGEAR 		92.2% Rs5.23 Billion
≈ $56.52 Million 		Rs408.46 Million India Mar 2026
22087 Shanghai MicroPort EV MedTech Co. Ltd. A
SHG:688351 		92.2% CN¥1.81 Billion
≈ $264.47 Million 		CN¥141.27 Million China Mar 2026
22088 Guangdong Lyric Robot Automation Co Ltd
SHG:688499 		92.2% CN¥2.34 Billion
≈ $343.08 Million 		CN¥183.28 Million China Mar 2026
22089 Yuhan Corp.
KO:000100 		92.2% ₩2.36 Trillion
≈ $1.60 Billion 		₩184.67 Billion Korea Dec 2025
22090 Jiangsu Baoli Asphalt
SHE:300135 		92.2% CN¥865.77 Million
≈ $126.69 Million 		CN¥67.73 Million China Mar 2026
22091 TravelSky Technology Limited
F:TVL 		92.2% €24.63 Billion
≈ $28.79 Billion 		€1.93 Billion Germany Dec 2025
22092 Zhejiang Yueling Co Ltd
SHE:002725 		92.2% CN¥976.43 Million
≈ $142.88 Million 		CN¥76.42 Million China Mar 2026
22093 Guangan
SHG:600979 		92.2% CN¥4.44 Billion
≈ $650.42 Million 		CN¥347.93 Million China Mar 2026
22094 NAT.B.GR. SPONS.ADR/1
F:NAG 		92.2% €9.08 Billion
≈ $10.62 Billion 		€711.00 Million Germany Dec 2025
22095 Ningbo Peace Bird Fashion
SHG:603877 		92.2% CN¥4.28 Billion
≈ $626.12 Million 		CN¥334.97 Million China Sep 2025
22096 Fintech Select Ltd
V:FTEC 		92.2% CA$86.38K
≈ $62.49K 		CA$6.76K Canada Jun 2025
22097 Zhejiang Weixing New Building Materials Co Ltd
SHE:002372 		92.2% CN¥5.05 Billion
≈ $739.10 Million 		CN¥395.52 Million China Mar 2026
22098 Ultralife Corporation
NASDAQ:ULBI 		92.2% $132.60 Million $10.39 Million USA Jun 2026
22099 AUTO TRADER ADR 1/4 LS-01
F:2UA0 		92.2% €569.40 Million
≈ $665.69 Million 		€44.60 Million Germany Mar 2025
22100 KB SPAC 6
KQ:208640 		92.2% ₩11.83 Billion
≈ $8.02 Million 		₩927.43 Million Korea Mar 2026