Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

91.8%
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
22101 Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395 		91.9% CN¥1.50 Billion
≈ $219.96 Million 		CN¥121.86 Million China Sep 2025
22102 Shenzhen Haoningda Meters Co Ltd
SHE:002356 		91.9% CN¥722.61 Million
≈ $105.74 Million 		CN¥58.60 Million China Sep 2025
22103 Tsingtao Brewery Co Ltd
SHG:600600 		91.9% CN¥32.20 Billion
≈ $4.71 Billion 		CN¥2.61 Billion China Sep 2025
22104 Shentong Technology Group Co Ltd
SHG:605228 		91.9% CN¥2.29 Billion
≈ $335.63 Million 		CN¥186.16 Million China Mar 2026
22105 Advanced Energy Industries Inc
NASDAQ:AEIS 		91.9% $1.38 Billion $112.40 Million USA Mar 2026
22106 REVEZ CORPORATION LTD.
F:7IQ 		91.9% €6.17 Million
≈ $7.21 Million 		€500.76K Germany Dec 2025
22107 Shenzhen Topraysolar Co Ltd
SHE:002218 		91.9% CN¥4.06 Billion
≈ $593.74 Million 		CN¥329.45 Million China Sep 2025
22108 Mobase Electronics Co.Ltd
KQ:012860 		91.9% ₩238.64 Billion
≈ $161.72 Million 		₩19.38 Billion Korea Sep 2025
22109 Shenzhen Terca Technology Co Ltd
SHE:002213 		91.9% CN¥551.76 Million
≈ $80.74 Million 		CN¥44.81 Million China Mar 2026
22110 Xiamen Solex High-Tech Industries Co Ltd
SHG:603992 		91.9% CN¥3.26 Billion
≈ $476.73 Million 		CN¥264.59 Million China Sep 2025
22111 Pharos Energy plc
LSE:PHAR 		91.9% GBX291.80 Million
≈ $35.50K 		GBX23.70 Million UK Jun 2025
22112 MERSEN UNSP.ADR 1/5 EO 2
F:CBE0 		91.9% €821.80 Million
≈ $960.77 Million 		€66.80 Million Germany Jun 2025
22113 Asmedia Technology Inc
TW:5269 		91.9% NT$37.10 Billion
≈ $1.17 Billion 		NT$3.02 Billion Taiwan Mar 2026
22114 Zoomlion Heavy Industry Science and Technology Co Ltd
SHE:000157 		91.9% CN¥59.38 Billion
≈ $8.69 Billion 		CN¥4.83 Billion China Jun 2025
22115 Macmahon Holdings Ltd
AU:MAH 		91.9% AU$719.65 Million
≈ $509.20 Million 		AU$58.52 Million Australia Dec 2025
22116 Jade Bird Fire Alarm
SHE:002960 		91.9% CN¥6.69 Billion
≈ $979.28 Million 		CN¥544.28 Million China Mar 2026
22117 Tube Investments of India Limited
NSE:TIINDIA 		91.9% Rs113.52 Billion
≈ $1.23 Billion 		Rs9.23 Billion India Sep 2025
22118 Corbion NV
AS:CRBN 		91.9% €742.60 Million
≈ $868.18 Million 		€60.40 Million Netherlands Dec 2025
22119 Corbion N.V.
F:CSU 		91.9% €742.60 Million
≈ $868.18 Million 		€60.40 Million Germany Dec 2025
22120 CSPC Innovation Pharmaceutical Co Ltd Class A
SHE:300765 		91.9% CN¥2.67 Billion
≈ $390.76 Million 		CN¥217.25 Million China Mar 2026
22121 Strabag SE
VI:STR 		91.9% €5.68 Billion
≈ $6.65 Billion 		€462.50 Million Austria Dec 2025
22122 CRRC Corp Ltd Class A
SHG:601766 		91.9% CN¥212.34 Billion
≈ $31.07 Billion 		CN¥17.28 Billion China Sep 2025
22123 Hyundai Doosan Infracore Co Ltd
KO:042670 		91.9% ₩1.99 Trillion
≈ $1.35 Billion 		₩161.78 Billion Korea Sep 2025
22124 Wuxi Jinyang New Materials Co. Ltd. A
SHE:301210 		91.9% CN¥2.03 Billion
≈ $296.85 Million 		CN¥165.15 Million China Mar 2026
22125 Quectel Wireless Solutions Co Ltd
SHG:603236 		91.9% CN¥4.50 Billion
≈ $658.15 Million 		CN¥366.34 Million China Sep 2025
22126 Shan Dong Delisi Food Co Ltd
SHE:002330 		91.8% CN¥2.28 Billion
≈ $334.01 Million 		CN¥186.06 Million China Sep 2025
22127 Namu Tech Co.Ltd
KQ:242040 		91.8% ₩46.30 Billion
≈ $31.37 Million 		₩3.77 Billion Korea Sep 2025
22128 Hunan Creator Information Technologies Co Ltd Class A
SHE:300730 		91.8% CN¥167.42 Million
≈ $24.50 Million 		CN¥13.66 Million China Mar 2026
22129 Employers Holdings Inc
NYSE:EIG 		91.8% $866.50 Million $70.70 Million USA Mar 2026
22130 Zhejiang Benli Technology Co. Ltd.
SHE:301065 		91.8% CN¥1.39 Billion
≈ $202.80 Million 		CN¥113.09 Million China Mar 2026
22131 Duros S.A.
AT:DUR 		91.8% €311.23K
≈ $363.86K 		€25.41K Greece Dec 2021
22132 Tangel Publishing
SHE:300148 		91.8% CN¥1.16 Billion
≈ $170.33 Million 		CN¥95.06 Million China Sep 2025
22133 Howmet Aerospace Inc
NYSE MKT:HWM 		91.8% $5.52 Billion $451.00 Million USA Mar 2026
22134 People Incorporated
NASDAQ:PPLI 		91.8% $4.59 Billion $375.34 Million USA Mar 2026
22135 IAC Inc.
NASDAQ:IAC 		91.8% $4.59 Billion $375.34 Million USA Mar 2026
22136 Telekom Malaysia Bhd
KLSE:4863 		91.8% RM27.43 Million
≈ $6.89 Million 		RM2.24 Million Malaysia Mar 2026
22137 Yabao Pharmaceutical Group Co Ltd
SHG:600351 		91.8% CN¥2.76 Billion
≈ $403.43 Million 		CN¥225.42 Million China Sep 2025
22138 Zhejiang Zhengyuan Zhihui Technology Co Ltd
SHE:300645 		91.8% CN¥1.35 Billion
≈ $198.18 Million 		CN¥110.76 Million China Mar 2026
22139 Xinjiang Zhongtai Chemical Co Ltd
SHE:002092 		91.8% CN¥26.14 Billion
≈ $3.83 Billion 		CN¥2.14 Billion China Mar 2026
22140 Workpoint Entertainment Public Company Limited
BK:WORK 		91.8% ฿4.15 Billion
≈ $129.48 Million 		฿339.83 Million Thailand Dec 2025
22141 Beijing Wantai Biological Pharmacy Enterprise Co Ltd
SHG:603392 		91.8% CN¥11.99 Billion
≈ $1.75 Billion 		CN¥980.99 Million China Mar 2026
22142 Jiangsu Baichuan HighTech New Materials Co Ltd
SHE:002455 		91.8% CN¥2.86 Billion
≈ $418.78 Million 		CN¥234.20 Million China Mar 2026
22143 Shandong Longhua New Material Co. Ltd.
SHE:301149 		91.8% CN¥2.43 Billion
≈ $355.30 Million 		CN¥198.73 Million China Mar 2026
22144 Jiangxi Copper Co Ltd Class A
SHG:600362 		91.8% CN¥92.13 Billion
≈ $13.48 Billion 		CN¥7.54 Billion China Sep 2025
22145 PASSUS S.A. ZY-1
F:71X 		91.8% €29.02 Million
≈ $33.92 Million 		€2.38 Million Germany Dec 2025
22146 Jiangsu Sidike New Materials Sci Te
SHE:300806 		91.8% CN¥2.62 Billion
≈ $383.92 Million 		CN¥214.77 Million China Mar 2026
22147 Xiangtan Electrochemical Scientific Co Ltd
SHE:002125 		91.8% CN¥3.47 Billion
≈ $507.89 Million 		CN¥284.19 Million China Mar 2026
22148 Guangdong Delian Group Co Ltd
SHE:002666 		91.8% CN¥3.62 Billion
≈ $530.27 Million 		CN¥296.74 Million China Sep 2025
22149 Prada S.p.A.
F:PRP 		91.8% €4.67 Billion
≈ $5.45 Billion 		€382.08 Million Germany Dec 2025
22150 PRADA S.P.A.UNS.ADR/2 EO1
F:PRP0 		91.8% €4.67 Billion
≈ $5.45 Billion 		€382.08 Million Germany Dec 2025
22151 Watkin Jones PLC
LSE:WJG 		91.8% GBX124.68 Million
≈ $15.17K 		GBX10.21 Million UK Mar 2026
22152 FBD Holdings PLC
IR:EG7 		91.8% €476.78 Million
≈ $557.41 Million 		€39.06 Million Ireland Jun 2025
22153 Walker & Dunlop Inc
NYSE:WD 		91.8% $1.78 Billion $145.63 Million USA Sep 2025
22154 Norva24 Group AB
ST:NORVA 		91.8% Skr2.29 Billion
≈ $246.67 Million 		Skr187.80 Million Sweden Dec 2024
22155 Tianjin Printronics Circuit Corp
SHE:002134 		91.8% CN¥795.59 Million
≈ $116.42 Million 		CN¥65.19 Million China Mar 2026
22156 Zhejiang Dayang Biotech Group Co
SHE:003017 		91.8% CN¥1.17 Billion
≈ $171.53 Million 		CN¥96.08 Million China Mar 2026
22157 QITIAN Technology Group Co Ltd
SHE:300061 		91.8% CN¥481.50 Million
≈ $70.46 Million 		CN¥39.47 Million China Mar 2026
22158 ASS.GENERALI ADR 1/2/EO 1
F:ASG0 		91.8% €34.79 Billion
≈ $40.67 Billion 		€2.85 Billion Germany Dec 2025
22159 Hongsheng Heat Exchanger Mnfg
SHG:603090 		91.8% CN¥652.01 Million
≈ $95.41 Million 		CN¥53.46 Million China Mar 2026
22160 eCloudvalley Digital Technology Co. Ltd.
TW:6689 		91.8% NT$3.01 Billion
≈ $94.96 Million 		NT$247.13 Million Taiwan Sep 2025
22161 Sunshine Biopharma Inc
NASDAQ:SBFM 		91.8% $23.04 Million $1.89 Million USA Mar 2026
22162 Baby Bunting Group Ltd
AU:BBN 		91.8% AU$118.73 Million
≈ $84.01 Million 		AU$9.74 Million Australia Dec 2025
22163 Do Day Dream Public Company Limited
BK:DDD 		91.8% ฿4.54 Billion
≈ $141.47 Million 		฿372.32 Million Thailand Sep 2025
22164 Currys PLC
LSE:CURY 		91.8% GBX2.24 Billion
≈ $272.91K 		GBX184.00 Million UK Oct 2025
22165 Guangdong Lyric Robot Automation Co Ltd
SHG:688499 		91.8% CN¥2.29 Billion
≈ $335.06 Million 		CN¥187.84 Million China Sep 2025
22166 Samjin Pharm
KO:005500 		91.8% ₩264.51 Billion
≈ $179.25 Million 		₩21.71 Billion Korea Sep 2025
22167 Huadian Power International Corporation Limited
F:SHX 		91.8% €104.71 Billion
≈ $122.41 Billion 		€8.60 Billion Germany Mar 2026
22168 Huadian Power International Corp Ltd Class A
SHG:600027 		91.8% CN¥104.71 Billion
≈ $15.32 Billion 		CN¥8.60 Billion China Mar 2026
22169 Ultralife Corporation
NASDAQ:ULBI 		91.8% $129.75 Million $10.65 Million USA Mar 2026
22170 CENTRICA ADR NEW 2004/4
F:CENN 		91.8% €3.50 Billion
≈ $4.09 Billion 		€287.00 Million Germany Dec 2025
22171 SK Holdings 1p Pref
KO:03473K 		91.8% ₩85.69 Trillion
≈ $58.07 Billion 		₩7.04 Trillion Korea Dec 2025
22172 Guangdong Tonze Electric Co Ltd
SHE:002759 		91.8% CN¥3.58 Billion
≈ $523.28 Million 		CN¥293.87 Million China Sep 2025
22173 ShaoYang Victor Hydraulics Co.Ltd
SHE:301079 		91.8% CN¥480.92 Million
≈ $70.37 Million 		CN¥39.53 Million China Jun 2025
22174 NAPATECH A/S NAM. DK 025
F:NAT 		91.8% €204.69 Million
≈ $239.31 Million 		€16.83 Million Germany Dec 2025
22175 Chunil Express
KO:000650 		91.8% ₩11.28 Billion
≈ $7.65 Million 		₩927.60 Million Korea Sep 2025
22176 Samsung SDS Co Ltd
KO:018260 		91.8% ₩9.99 Trillion
≈ $6.77 Billion 		₩821.06 Billion Korea Sep 2025
22177 Sichuan Mingxing Electric Power Co Ltd
SHG:600101 		91.8% CN¥3.16 Billion
≈ $462.22 Million 		CN¥259.75 Million China Mar 2026
22178 Ld Intelligent Technology Co Ltd
SHE:300883 		91.8% CN¥1.42 Billion
≈ $207.36 Million 		CN¥116.61 Million China Mar 2026
22179 Perdoceo Education Corp
NASDAQ:PRDO 		91.8% $997.85 Million $82.12 Million USA Sep 2025
22180 Kardex
SW:KARN 		91.8% CHF269.49 Million
≈ $340.71 Million 		CHF22.18 Million Switzerland Dec 2025
22181 Jinan Shengquan Group Share Holding Co Ltd
SHG:605589 		91.8% CN¥11.53 Billion
≈ $1.69 Billion 		CN¥949.24 Million China Mar 2026
22182 10X Genomics Inc
NASDAQ:TXG 		91.8% $786.33 Million $64.76 Million USA Sep 2025
22183 GTN Ltd
AU:GTN 		91.8% AU$115.66 Million
≈ $81.83 Million 		AU$9.53 Million Australia Dec 2025
22184 Gaztransport & Technigaz SAS
PA:GTT 		91.8% €500.36 Million
≈ $584.97 Million 		€41.22 Million France Jun 2025
22185 Daoming Optics&Chemical Co Ltd
SHE:002632 		91.8% CN¥2.22 Billion
≈ $325.57 Million 		CN¥183.29 Million China Mar 2026
22186 Northland Power Inc.
TO:NPI 		91.8% CA$4.53 Billion
≈ $3.28 Billion 		CA$373.65 Million Canada Mar 2026
22187 Shenke Slide Bearing Corp
SHE:002633 		91.8% CN¥425.57 Million
≈ $62.27 Million 		CN¥35.10 Million China Sep 2025
22188 Wiable Corp
KQ:065530 		91.8% ₩76.71 Billion
≈ $51.98 Million 		₩6.33 Billion Korea Mar 2026
22189 China Resources Boya Bio pharmaceutical Group Co Ltd
SHE:300294 		91.8% CN¥7.46 Billion
≈ $1.09 Billion 		CN¥615.71 Million China Mar 2026
22190 Radiant Opto-Electronics Corp
TW:6176 		91.7% NT$36.12 Billion
≈ $1.14 Billion 		NT$2.98 Billion Taiwan Mar 2026
22191 NSE SA
PA:ALNSE 		91.7% €45.70 Million
≈ $53.43 Million 		€3.77 Million France Jun 2025
22192 E3 LITHIUM LTD
F:OW3 		91.7% €55.58 Million
≈ $64.97 Million 		€4.59 Million Germany Dec 2025
22193 Safehold Inc
NYSE:SAFE 		91.7% $2.46 Billion $203.13 Million USA Mar 2026
22194 Fleury Michon
PA:ALFLE 		91.7% €204.44 Million
≈ $239.02 Million 		€16.87 Million France Dec 2025
22195 Hangzhou Zhongtai Cryogenic Technology Corp
SHE:300435 		91.7% CN¥3.53 Billion
≈ $516.34 Million 		CN¥291.24 Million China Mar 2026
22196 Mills Estruturas e Serviços de Engenharia S.A
SA:MILS3 		91.7% R$1.58 Billion
≈ $309.59 Million 		R$130.27 Million Brazil Dec 2025
22197 Jiangsu Changqing Agrochemical Co Ltd
SHE:002391 		91.7% CN¥4.28 Billion
≈ $626.51 Million 		CN¥353.53 Million China Mar 2026
22198 Shanghai Sinotec Co Ltd
SHG:603121 		91.7% CN¥1.20 Billion
≈ $176.03 Million 		CN¥99.40 Million China Sep 2025
22199 Service & Quality Technology Co Ltd
TWO:3219 		91.7% NT$1.72 Billion
≈ $54.09 Million 		NT$141.91 Million Taiwan Dec 2025
22200 Daesang Holdings Co Ltd Pref
KO:084695 		91.7% ₩1.34 Trillion
≈ $907.56 Million 		₩110.72 Billion Korea Mar 2026