Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

91.3%
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
22401 Novus Holdings Ltd
JSE:NVS 		91.4% ZAC2.34 Billion
≈ $1.24 Million 		ZAC202.13 Million South Africa Sep 2025
22402 Shengfeng Development Limited Class A Ordinary Shares
NASDAQ:SFWL 		91.4% $130.17 Million $11.23 Million USA Jun 2025
22403 F&F Holdings Co. Ltd
KO:007700 		91.4% ₩3.73 Trillion
≈ $2.53 Billion 		₩321.93 Billion Korea Mar 2026
22404 Hunan Kaimeite Gases Co Ltd
SHE:002549 		91.4% CN¥2.07 Billion
≈ $302.74 Million 		CN¥178.64 Million China Sep 2025
22405 Bank of Ayudhya PCL
BK:BAY 		91.4% ฿449.80 Billion
≈ $14.02 Billion 		฿38.85 Billion Thailand Mar 2026
22406 Oil-Dri Corporation Of America
NYSE:ODC 		91.4% $285.23 Million $24.64 Million USA Apr 2026
22407 Zhejiang Zhongxin Fluoride Materials Co Ltd Class A
SHE:002915 		91.4% CN¥1.73 Billion
≈ $253.55 Million 		CN¥149.66 Million China Mar 2026
22408 Zhongjie (Jiangsu) Technology Co.Ltd.
SHE:301072 		91.4% CN¥717.45 Million
≈ $104.99 Million 		CN¥61.99 Million China Mar 2026
22409 Macy’s Inc
NYSE:M 		91.4% $4.86 Billion $420.00 Million USA Jan 2026
22410 Lanzhou Huanghe Enterprise Co Ltd
SHE:000929 		91.4% CN¥566.85 Million
≈ $82.95 Million 		CN¥49.00 Million China Mar 2026
22411 Hiscox Ltd
LSE:HSX 		91.4% GBX3.81 Billion
≈ $463.32K 		GBX329.20 Million UK Jun 2025
22412 ServiceNow Inc
NYSE:NOW 		91.4% $12.96 Billion $1.12 Billion USA Dec 2025
22413 KT Corporation
NYSE:KT 		91.4% $19.26 Trillion $1.67 Trillion USA Sep 2025
22414 Sapphire Foods India Limited
NSE:SAPPHIRE 		91.3% Rs13.89 Billion
≈ $150.17 Million 		Rs1.20 Billion India Mar 2026
22415 Wyld Networks AB
ST:WYLD 		91.3% Skr5.15 Million
≈ $554.33K 		Skr446.00K Sweden Sep 2025
22416 Sila Realty Trust, Inc.
NYSE:SILA 		91.3% $1.32 Billion $114.71 Million USA Mar 2026
22417 Frequentis AG
VI:FQT 		91.3% €164.49 Million
≈ $192.30 Million 		€14.25 Million Austria Jun 2025
22418 Guangxi Guidong Eletric Power Co Ltd
SHG:600310 		91.3% CN¥5.12 Billion
≈ $749.58 Million 		CN¥443.68 Million China Mar 2026
22419 Cetc Potevio Science&Technology Co Ltd
SHE:002544 		91.3% CN¥3.83 Billion
≈ $560.67 Million 		CN¥331.92 Million China Sep 2025
22420 Avi Ltd
JSE:AVI 		91.3% ZAC5.35 Billion
≈ $2.84 Million 		ZAC463.30 Million South Africa Jun 2025
22421 Shang Gong Group Co Ltd A
SHG:600843 		91.3% CN¥3.07 Billion
≈ $449.35 Million 		CN¥266.09 Million China Mar 2026
22422 Shang Gong Group Co Ltd B
SHG:900924 		91.3% $3.07 Billion $266.09 Million China Mar 2026
22423 Broadstone Net Lease Inc
NYSE:BNL 		91.3% $3.02 Billion $261.98 Million USA Mar 2026
22424 Viva Biotech Holdings
F:VB0 		91.3% €3.91 Billion
≈ $4.57 Billion 		€338.83 Million Germany Jun 2025
22425 Central China Land Media Co Ltd
SHE:000719 		91.3% CN¥12.47 Billion
≈ $1.82 Billion 		CN¥1.08 Billion China Mar 2026
22426 Libra Insurance Company Ltd
TA:LBRA 		91.3% ILA183.83 Million
≈ $492.84K 		ILA15.95 Million Israel Dec 2025
22427 Jingsu Jingshen Salt&Chem
SHG:603299 		91.3% CN¥8.61 Billion
≈ $1.26 Billion 		CN¥747.36 Million China Mar 2026
22428 Lumi Gruppen AS
OL:LUMI 		91.3% Nkr498.28 Million
≈ $52.43 Million 		Nkr43.26 Million Norway Jun 2025
22429 Shenzhen Chengxin Lithium Group Co Ltd
SHE:002240 		91.3% CN¥10.86 Billion
≈ $1.59 Billion 		CN¥943.41 Million China Sep 2025
22430 Shanghai Menon Animal Nutrition Technology Co. Ltd.
SHE:301156 		91.3% CN¥748.04 Million
≈ $109.46 Million 		CN¥65.00 Million China Mar 2026
22431 Freight Technologies Inc
NASDAQ:FRGT 		91.3% $6.28 Million $546.22K USA Sep 2025
22432 Greenworks (Jiangsu) Co. Ltd. A
SHE:301260 		91.3% CN¥4.31 Billion
≈ $631.24 Million 		CN¥374.98 Million China Mar 2026
22433 StandardAero, Inc.
NYSE:SARO 		91.3% $2.69 Billion $233.99 Million USA Mar 2026
22434 ASN Broker Public Company Limited
BK:ASN 		91.3% ฿293.50 Million
≈ $9.15 Million 		฿25.54 Million Thailand Mar 2026
22435 Hensel Davest Indonesia Tbk PT
JK:HDIT 		91.3% Rp237.19 Billion
≈ $13.90 Million 		Rp20.64 Billion Indonesia Mar 2026
22436 Korea Gas Corporation
KO:036460 		91.3% ₩11.15 Trillion
≈ $7.56 Billion 		₩970.63 Billion Korea Sep 2025
22437 Remsons Industries Limited
NSE:REMSONSIND 		91.3% Rs1.45 Billion
≈ $15.65 Million 		Rs125.96 Million India Sep 2025
22438 Lecron Energy Saving Materials
SHE:300343 		91.3% CN¥2.06 Billion
≈ $301.98 Million 		CN¥179.69 Million China Mar 2026
22439 Zeng Hsing Industrial Co Ltd
TW:1558 		91.3% NT$8.39 Billion
≈ $264.33 Million 		NT$730.89 Million Taiwan Sep 2025
22440 Konfoong Materials International Co Ltd
SHE:300666 		91.3% CN¥5.02 Billion
≈ $733.93 Million 		CN¥436.96 Million China Mar 2026
22441 Corporate Travel Management Ltd
AU:CTD 		91.3% AU$1.23 Billion
≈ $871.11 Million 		AU$107.27 Million Australia Dec 2024
22442 Jiangsu Changfa Refrigeration Co Ltd
SHE:002413 		91.3% CN¥3.30 Billion
≈ $483.61 Million 		CN¥288.04 Million China Mar 2026
22443 Talkweb Information System Co Ltd
SHE:002261 		91.3% CN¥2.70 Billion
≈ $395.73 Million 		CN¥235.77 Million China Sep 2025
22444 Shijiazhuang Kelin Elec Co
SHG:603050 		91.3% CN¥1.86 Billion
≈ $271.69 Million 		CN¥161.90 Million China Sep 2025
22445 Monalisa Group Co Ltd Class A
SHE:002918 		91.3% CN¥3.66 Billion
≈ $535.45 Million 		CN¥319.10 Million China Sep 2025
22446 SK Holdings Co Ltd
KO:034730 		91.3% ₩97.04 Trillion
≈ $65.76 Billion 		₩8.46 Trillion Korea Mar 2026
22447 Da An Gene Co Ltd of Sun Yat-Sen University
SHE:002030 		91.3% CN¥7.27 Billion
≈ $1.06 Billion 		CN¥633.96 Million China Mar 2026
22448 Acast AB
ST:ACAST 		91.3% Skr1.18 Billion
≈ $127.12 Million 		Skr103.08 Million Sweden Dec 2025
22449 Walt Disney Company
NYSE:DIS 		91.3% $115.31 Billion $10.06 Billion USA Mar 2026
22450 Lonyer Fuels
SHG:603003 		91.3% CN¥3.32 Billion
≈ $485.84 Million 		CN¥289.81 Million China Mar 2025
22451 Sobute New Materials Co Ltd
SHG:603916 		91.3% CN¥4.88 Billion
≈ $714.65 Million 		CN¥426.33 Million China Sep 2025
22452 Lanzhou Greatwall Electrical Co Ltd
SHG:600192 		91.3% CN¥1.03 Billion
≈ $151.35 Million 		CN¥90.32 Million China Sep 2025
22453 Signature International Bhd
KLSE:7246 		91.3% RM708.81 Million
≈ $177.96 Million 		RM61.90 Million Malaysia Mar 2026
22454 Mega Lifesciences Public Company Limited
BK:MEGA 		91.3% ฿9.95 Billion
≈ $310.02 Million 		฿868.90 Million Thailand Jun 2025
22455 Mega Lifesciences Public Company Limited
BK:MEGA-R 		91.3% ฿9.95 Billion
≈ $310.02 Million 		฿868.90 Million Thailand Jun 2025
22456 Enerside Energy S.A.
MC:ENRS 		91.3% €2.97 Million
≈ $3.47 Million 		€259.49K Spain Dec 2025
22457 BillerudKorsnas AB
ST:BILL 		91.3% Skr27.80 Billion
≈ $2.99 Billion 		Skr2.43 Billion Sweden Mar 2026
22458 Rumble Inc.
NASDAQ:RUM 		91.3% $274.84 Million $24.02 Million USA Dec 2025
22459 Xinjiang Chalkis Co Ltd
SHE:000972 		91.3% CN¥173.06 Million
≈ $25.32 Million 		CN¥15.13 Million China Sep 2024
22460 DoubleVerify Holdings Inc
NYSE:DV 		91.3% $1.08 Billion $94.52 Million USA Mar 2026
22461 Mccoy Global Inc
TO:MCB 		91.3% CA$67.33 Million
≈ $48.70 Million 		CA$5.89 Million Canada Mar 2026
22462 Softronic AB
ST:SOF-B 		91.3% Skr276.60 Million
≈ $29.77 Million 		Skr24.20 Million Sweden Sep 2025
22463 Shanghai Ailu Package Co. Ltd.
SHE:301062 		91.2% CN¥1.51 Billion
≈ $220.96 Million 		CN¥132.14 Million China Jun 2025
22464 Haesung Optics Co. Ltd
KQ:076610 		91.2% ₩32.55 Billion
≈ $22.06 Million 		₩2.85 Billion Korea Mar 2026
22465 Jiangsu Flowers King
SHG:603007 		91.2% CN¥357.61 Million
≈ $52.33 Million 		CN¥31.30 Million China Mar 2026
22466 Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957 		91.2% CN¥6.24 Billion
≈ $913.17 Million 		CN¥546.16 Million China Mar 2026
22467 Jiangsu Huachang Chemical Co Ltd
SHE:002274 		91.2% CN¥5.33 Billion
≈ $779.46 Million 		CN¥466.23 Million China Mar 2026
22468 Jones Lang LaSalle Incorporated
NYSE:JLL 		91.2% $7.43 Billion $650.30 Million USA Mar 2026
22469 Telefield Inc
KQ:091440 		91.2% ₩33.59 Billion
≈ $22.76 Million 		₩2.94 Billion Korea Mar 2026
22470 Phibro Animal Health Corporation
NASDAQ:PAHC 		91.2% $361.83 Million $31.68 Million USA Mar 2026
22471 Shanghai KEN Tools Co Ltd
SHE:300126 		91.2% CN¥994.97 Million
≈ $145.59 Million 		CN¥87.15 Million China Mar 2026
22472 Minmetals Development Co Ltd
SHG:600058 		91.2% CN¥7.56 Billion
≈ $1.11 Billion 		CN¥662.34 Million China Mar 2026
22473 Premier Miton Group plc
LSE:PMI 		91.2% GBX112.48 Million
≈ $13.69K 		GBX9.86 Million UK Sep 2025
22474 Lotte Non-Life
KO:000400 		91.2% ₩590.89 Billion
≈ $400.44 Million 		₩51.79 Billion Korea Sep 2025
22475 Stadio Holdings Ltd
JSE:SDO 		91.2% ZAC2.05 Billion
≈ $1.09 Million 		ZAC179.96 Million South Africa Jun 2025
22476 Trican Well Service Ltd.
TO:TCW 		91.2% CA$695.85 Million
≈ $503.37 Million 		CA$61.05 Million Canada Dec 2025
22477 Macrolink Real Estate Co Ltd
SHE:000620 		91.2% CN¥4.02 Billion
≈ $588.90 Million 		CN¥353.06 Million China Mar 2026
22478 Rossi Residencial S.A
SA:RSID3 		91.2% R$130.31 Million
≈ $25.57 Million 		R$11.43 Million Brazil Jun 2018
22479 Gansu Longshenrongfa Pharmaceutical Industry Co Ltd
SHE:300534 		91.2% CN¥813.96 Million
≈ $119.11 Million 		CN¥71.45 Million China Mar 2026
22480 Genoray Co. Ltd
KQ:122310 		91.2% ₩83.75 Billion
≈ $56.76 Million 		₩7.35 Billion Korea Dec 2025
22481 Perfect World Co Ltd
SHE:002624 		91.2% CN¥6.93 Billion
≈ $1.01 Billion 		CN¥608.33 Million China Sep 2025
22482 Nantong Acetic Acid Chemical Co Ltd
SHG:603968 		91.2% CN¥1.85 Billion
≈ $270.37 Million 		CN¥162.28 Million China Mar 2026
22483 Voxel S.A.
WAR:VOX 		91.2% zł415.63 Million
≈ $114.39 Million 		zł36.51 Million Poland Dec 2025
22484 Koroplast Temizlik Ambalaj Urunleri San. ve Dis Ticaret A.S.
IS:KRPLS 		91.2% TL855.25 Million
≈ $19.16 Million 		TL75.15 Million Turkey Sep 2025
22485 Lanzhou Zhuangyuan Pasture Co Ltd
SHE:002910 		91.2% CN¥991.37 Million
≈ $145.07 Million 		CN¥87.13 Million China Mar 2026
22486 PT Arkora Hydro Tbk
JK:ARKO 		91.2% Rp499.13 Billion
≈ $29.25 Million 		Rp43.87 Billion Indonesia Aug 2025
22487 Hunan Zhongke Electric
SHE:300035 		91.2% CN¥5.67 Billion
≈ $829.76 Million 		CN¥498.53 Million China Sep 2025
22488 Prime Energy PE Ltd
TA:PRIM 		91.2% ILA104.39 Million
≈ $279.87K 		ILA9.18 Million Israel Dec 2025
22489 Letong Chemical Co Ltd
SHE:002319 		91.2% CN¥178.35 Million
≈ $26.10 Million 		CN¥15.68 Million China Sep 2025
22490 Close Brothers Group plc
LSE:CBG 		91.2% GBX1.47 Billion
≈ $178.27K 		GBX128.90 Million UK Jan 2026
22491 Qingdao Eastsoft Communic Tech
SHE:300183 		91.2% CN¥3.10 Billion
≈ $453.51 Million 		CN¥272.69 Million China Mar 2026
22492 SunLink Health Systems Inc
NYSE MKT:SSY 		91.2% $13.41 Million $1.18 Million USA Mar 2025
22493 Zevia Pbc
NYSE:ZVIA 		91.2% $35.80 Million $3.15 Million USA Sep 2025
22494 Aker ASA
OL:AKER 		91.2% Nkr45.26 Billion
≈ $4.76 Billion 		Nkr3.98 Billion Norway Jun 2025
22495 Xianheng International Science & Technology Co Ltd
SHG:605056 		91.2% CN¥1.65 Billion
≈ $241.37 Million 		CN¥145.15 Million China Jun 2025
22496 Elgi Rubber Company Limited
NSE:ELGIRUBCO 		91.2% Rs1.67 Billion
≈ $18.03 Million 		Rs146.74 Million India Sep 2025
22497 BAWAG Group AG
VI:BG 		91.2% €4.71 Billion
≈ $5.51 Billion 		€415.00 Million Austria Jun 2025
22498 Zhengzhou Yutong Bus Co Ltd
SHG:600066 		91.2% CN¥16.48 Billion
≈ $2.41 Billion 		CN¥1.45 Billion China Mar 2026
22499 Shenzhen Shenbao Industrial Co Ltd
SHE:000019 		91.2% CN¥4.99 Billion
≈ $730.30 Million 		CN¥439.38 Million China Sep 2025
22500 Nuode Investment Co Ltd
SHG:600110 		91.2% CN¥7.20 Billion
≈ $1.05 Billion 		CN¥634.21 Million China Mar 2026