Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

90.9%
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
22601 Shelly Group SE
XETRA:SLYG 		91.0% €114.78 Million
≈ $134.18 Million 		€10.35 Million Germany Mar 2026
22602 Ningbo Solartron Technology Co Ltd
SHG:688299 		91.0% CN¥2.08 Billion
≈ $304.68 Million 		CN¥187.77 Million China Sep 2025
22603 J Sainsbury PLC
LSE:SBRY 		91.0% GBX6.15 Billion
≈ $748.28K 		GBX555.00 Million UK Feb 2026
22604 Vaibhav Global Limited
NSE:VAIBHAVGBL 		91.0% Rs14.46 Billion
≈ $156.43 Million 		Rs1.31 Billion India Sep 2025
22605 Aecon Group Inc.
TO:ARE 		91.0% CA$922.85 Million
≈ $667.57 Million 		CA$83.33 Million Canada Sep 2025
22606 Huaneng Power International Inc
SHG:600011 		91.0% CN¥215.95 Billion
≈ $31.60 Billion 		CN¥19.50 Billion China Sep 2025
22607 FIT Hon Teng Limited
F:0FJ 		91.0% €2.55 Billion
≈ $2.99 Billion 		€230.68 Million Germany Jun 2025
22608 NuCana PLC
NASDAQ:NCNA 		91.0% $24.28 Million $2.19 Million USA Mar 2026
22609 TruCap Finance Limited
NSE:TRU 		91.0% Rs1.08 Billion
≈ $11.67 Million 		Rs97.53 Million India Sep 2025
22610 Mo-Bruk SA
WAR:MBR 		91.0% zł188.51 Million
≈ $51.88 Million 		zł17.04 Million Poland Sep 2025
22611 Wuxi Zhenhua Auto Parts Co. Ltd.
SHG:605319 		91.0% CN¥2.88 Billion
≈ $421.14 Million 		CN¥260.24 Million China Mar 2026
22612 Currenc Group Inc. Ordinary Shares
NASDAQ:CURR 		91.0% $24.67 Million $2.23 Million USA Sep 2025
22613 Olin Corporation
NYSE:OLN 		91.0% $1.93 Billion $174.40 Million USA Dec 2025
22614 Profarma Distribuidora de Produtos Farmacêuticos S.A
SA:PFRM3 		91.0% R$1.67 Billion
≈ $328.16 Million 		R$151.26 Million Brazil Sep 2025
22615 Puloon Technology Inc
KQ:094940 		91.0% ₩37.38 Billion
≈ $25.33 Million 		₩3.38 Billion Korea Sep 2025
22616 SMU S.A
SN:SMU 		91.0% CL$839.34 Billion
≈ $938.67 Million 		CL$75.93 Billion Chile Sep 2025
22617 Atturra Ltd
AU:ATA 		91.0% AU$218.33 Million
≈ $154.48 Million 		AU$19.75 Million Australia Dec 2025
22618 Carnival Plc ADS
NYSE:CUK 		90.9% $13.05 Billion $1.18 Billion USA Feb 2026
22619 Carnival Corporation & plc
F:POH1 		90.9% €13.05 Billion
≈ $15.26 Billion 		€1.18 Billion Germany Feb 2026
22620 Carnival Corporation
NYSE:CCL 		90.9% $13.05 Billion $1.18 Billion USA Feb 2026
22621 Carnival PLC
LSE:CCL 		90.9% GBX13.01 Billion
≈ $1.58 Million 		GBX1.18 Billion UK Feb 2026
22622 Motus Holdings Ltd
JSE:MTH 		90.9% ZAC20.11 Billion
≈ $10.69 Million 		ZAC1.82 Billion South Africa Jun 2025
22623 Hangzhou Juheshun New Material Co Ltd
SHG:605166 		90.9% CN¥2.18 Billion
≈ $319.53 Million 		CN¥197.69 Million China Sep 2025
22624 Motorpoint Group PLC
LSE:MOTR 		90.9% GBX24.30 Million
≈ $2.96K 		GBX2.20 Million UK Sep 2025
22625 SCG PACKAGING -FGN- BA 1
F:5Y7A 		90.9% €92.05 Billion
≈ $107.61 Billion 		€8.33 Billion Germany Mar 2026
22626 SCG PACKAGING -NVDR- BA1
F:5Y7 		90.9% €92.05 Billion
≈ $107.61 Billion 		€8.33 Billion Germany Mar 2026
22627 Chongqing Wangbian Electric (Group) Corp. Ltd.
SHG:603191 		90.9% CN¥2.49 Billion
≈ $363.70 Million 		CN¥225.05 Million China Jun 2025
22628 Zhejiang Anglikang Pharmaceutical Co Ltd Class A
SHE:002940 		90.9% CN¥1.89 Billion
≈ $276.87 Million 		CN¥171.37 Million China Mar 2026
22629 Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SHG:601869 		90.9% CN¥19.50 Billion
≈ $2.85 Billion 		CN¥1.77 Billion China Dec 2025
22630 Constellium Nv
NYSE:CSTM 		90.9% $826.42 Million $74.90 Million USA Dec 2025
22631 North Chemical Industries Co Ltd
SHE:002246 		90.9% CN¥3.16 Billion
≈ $463.09 Million 		CN¥286.96 Million China Sep 2025
22632 Impack Pratama Industri Tbk
JK:IMPC 		90.9% Rp2.45 Trillion
≈ $143.66 Million 		Rp222.36 Billion Indonesia Jun 2025
22633 YPF Sociedad Anonima
NYSE:YPF 		90.9% $16.05 Trillion $1.46 Trillion USA Sep 2025
22634 Jinfu Technology Co Ltd
SHE:003018 		90.9% CN¥1.59 Billion
≈ $233.15 Million 		CN¥144.62 Million China Sep 2025
22635 Rocket Companies Inc
NYSE:RKT 		90.9% $23.23 Billion $2.11 Billion USA Mar 2026
22636 Houston American Energy Corporation
NYSE MKT:HUSA 		90.9% $16.49 Million $1.50 Million USA Sep 2025
22637 China Quanjude Group Co Ltd
SHE:002186 		90.9% CN¥899.48 Million
≈ $131.62 Million 		CN¥81.68 Million China Sep 2025
22638 Hansol Technics
KO:004710 		90.9% ₩501.51 Billion
≈ $339.87 Million 		₩45.54 Billion Korea Sep 2025
22639 Zhejiang Hisun Pharmaceutical Co Ltd
SHG:600267 		90.9% CN¥9.20 Billion
≈ $1.35 Billion 		CN¥835.05 Million China Mar 2026
22640 Columbia Banking System Inc
NASDAQ:COLB 		90.9% $7.84 Billion $712.00 Million USA Dec 2025
22641 Optics Technology Holding Co Ltd
SHE:300489 		90.9% CN¥1.06 Billion
≈ $154.39 Million 		CN¥95.83 Million China Mar 2026
22642 Olympia Financial Group Inc
TO:OLY 		90.9% CA$45.69 Million
≈ $33.05 Million 		CA$4.15 Million Canada Mar 2026
22643 Zhejiang Jiemei Electronic and Technology Co Ltd
SHE:002859 		90.9% CN¥3.20 Billion
≈ $467.60 Million 		CN¥290.48 Million China Mar 2026
22644 Dunelm Group PLC
LSE:DNLM 		90.9% GBX118.80 Million
≈ $14.45K 		GBX10.80 Million UK Jun 2025
22645 Dunelm Group plc
F:DFQ 		90.9% €118.80 Million
≈ $138.89 Million 		€10.80 Million Germany Jun 2025
22646 Zhejiang Lianxiang Smart Home
SHG:603272 		90.9% CN¥538.50 Million
≈ $78.80 Million 		CN¥48.96 Million China Mar 2026
22647 Changzhou Tronly New Electronic Materials Co Ltd
SHE:300429 		90.9% CN¥1.87 Billion
≈ $273.30 Million 		CN¥169.82 Million China Jun 2025
22648 Van Lanschot NV
AS:VLK 		90.9% €1.28 Billion
≈ $1.49 Billion 		€116.23 Million Netherlands Dec 2025
22649 KG Eco Technology Services Co. Ltd
KQ:151860 		90.9% ₩3.12 Trillion
≈ $2.11 Billion 		₩283.74 Billion Korea Dec 2025
22650 Centrica PLC
LSE:CNA 		90.9% GBX3.50 Billion
≈ $425.36K 		GBX318.00 Million UK Dec 2025
22651 ORION CORP.B UNSP.ADR 1/2
F:OFK0 		90.9% €1.12 Billion
≈ $1.31 Billion 		€102.10 Million Germany Mar 2026
22652 Shenzhen Exc Led Technology Co Ltd
SHE:300889 		90.9% CN¥1.55 Billion
≈ $227.07 Million 		CN¥141.27 Million China Sep 2025
22653 Spic Yuanda Environmental Protection Co Ltd
SHG:600292 		90.9% CN¥21.17 Billion
≈ $3.10 Billion 		CN¥1.93 Billion China Mar 2026
22654 Volt Power Group Ltd
AU:VPR 		90.9% AU$6.24 Million
≈ $4.41 Million 		AU$567.80K Australia Jun 2025
22655 Grupa KĘTY SA
WAR:KTY 		90.9% zł1.71 Billion
≈ $471.44 Million 		zł156.00 Million Poland Jun 2025
22656 Keysino Separation Technology Inc
SHE:300899 		90.9% CN¥629.99 Million
≈ $92.19 Million 		CN¥57.38 Million China Mar 2026
22657 Select Energy Services Inc
NYSE:WTTR 		90.9% $1.12 Billion $102.00 Million USA Mar 2026
22658 Napatech A/S
OL:NAPA 		90.9% Nkr207.22 Million
≈ $21.81 Million 		Nkr18.88 Million Norway Sep 2025
22659 Heartland Express Inc
NASDAQ:HTLD 		90.9% $749.03 Million $68.26 Million USA Mar 2026
22660 EFG International AG
SW:EFGN 		90.9% CHF2.39 Billion
≈ $3.02 Billion 		CHF217.80 Million Switzerland Dec 2025
22661 Harbin Medisan Pharmaceutical Co Ltd
SHE:002900 		90.9% CN¥1.90 Billion
≈ $278.76 Million 		CN¥173.83 Million China Sep 2025
22662 Ostrom Climate Solutions Inc
V:COO 		90.9% Annual CA$1.56 Million
≈ $1.13 Million 		CA$142.60K Canada Dec 2013
22663 Allied Machinery Co. Ltd.
SHG:605060 		90.9% CN¥2.44 Billion
≈ $357.16 Million 		CN¥222.78 Million China Jun 2025
22664 Tibet Tianlu Co Ltd
SHG:600326 		90.9% CN¥5.86 Billion
≈ $857.65 Million 		CN¥535.27 Million China Sep 2025
22665 Grolleau SAS
PA:ALGRO 		90.9% €11.91 Million
≈ $13.93 Million 		€1.09 Million France Dec 2024
22666 BASF SE
F:BASA 		90.9% €34.34 Billion
≈ $40.14 Billion 		€3.14 Billion Germany Dec 2025
22667 Henan Lingrui Pharmaceutical Co Ltd
SHG:600285 		90.9% CN¥3.69 Billion
≈ $539.28 Million 		CN¥336.93 Million China Mar 2026
22668 AptarGroup Inc
NYSE:ATR 		90.9% $2.67 Billion $244.51 Million USA Mar 2026
22669 Jangho Group Co Ltd
SHG:601886 		90.9% CN¥8.49 Billion
≈ $1.24 Billion 		CN¥776.08 Million China Sep 2025
22670 Beijing Shengtong Printing Co Ltd
SHE:002599 		90.9% CN¥1.24 Billion
≈ $182.03 Million 		CN¥113.77 Million China Mar 2026
22671 ArcelorMittal SA
LSE:0RP9 		90.9% €47.12 Billion
≈ $55.08 Billion 		€4.31 Billion UK Sep 2021
22672 KPC Pharmaceuticals Inc
SHG:600422 		90.9% CN¥6.86 Billion
≈ $1.00 Billion 		CN¥627.09 Million China Sep 2025
22673 Yotrio Group Co Ltd
SHE:002489 		90.9% CN¥4.60 Billion
≈ $673.78 Million 		CN¥421.20 Million China Mar 2026
22674 Sichuan Fulin Transportation Group Co Ltd
SHE:002357 		90.8% CN¥1.82 Billion
≈ $266.22 Million 		CN¥166.47 Million China Sep 2025
22675 Zhejiang Yongjin Metal Technology Co Ltd
SHG:603995 		90.8% CN¥7.27 Billion
≈ $1.06 Billion 		CN¥665.09 Million China Mar 2026
22676 Shenzhen Sunline Tech Co Ltd
SHE:300348 		90.8% CN¥2.12 Billion
≈ $309.70 Million 		CN¥193.76 Million China Sep 2025
22677 AMG Advanced Metallurgical Group NV
AS:AMG 		90.8% €602.00 Million
≈ $703.80 Million 		€55.14 Million Netherlands Sep 2025
22678 BAIYU Holdings Inc.
NASDAQ:BYU 		90.8% $433.51 Million $39.71 Million USA Sep 2024
22679 Harmony Biosciences Holdings
NASDAQ:HRMY 		90.8% $910.35 Million $83.46 Million USA Mar 2026
22680 Shenzhen Soling Industrial Co Ltd
SHE:002766 		90.8% CN¥1.06 Billion
≈ $155.67 Million 		CN¥97.53 Million China Mar 2026
22681 Park Aerospace Corp
NYSE:PKE 		90.8% $106.59 Million $9.78 Million USA Dec 2025
22682 GuangZhou BaiYun Elec Equip Co
SHG:603861 		90.8% CN¥4.20 Billion
≈ $614.31 Million 		CN¥385.06 Million China Sep 2025
22683 Tjk Machinery Tianjin Co Ltd
SHE:300823 		90.8% CN¥995.53 Million
≈ $145.68 Million 		CN¥91.32 Million China Mar 2026
22684 Jinduicheng Molybdenum Co Ltd
SHG:601958 		90.8% CN¥21.17 Billion
≈ $3.10 Billion 		CN¥1.94 Billion China Mar 2026
22685 SFA Engineering Corporation
KQ:056190 		90.8% ₩1.51 Trillion
≈ $1.02 Billion 		₩138.61 Billion Korea Dec 2025
22686 Advance Zinctek Ltd
AU:ANO 		90.8% AU$36.93 Million
≈ $26.13 Million 		AU$3.39 Million Australia Dec 2025
22687 Huvitz Co. Ltd
KQ:065510 		90.8% ₩121.35 Billion
≈ $82.24 Million 		₩11.14 Billion Korea Sep 2025
22688 Hengyi Petrochemical Co Ltd
SHE:000703 		90.8% CN¥29.30 Billion
≈ $4.29 Billion 		CN¥2.69 Billion China Sep 2025
22689 ALPEK S.A.B. de C.V
MX:ALPEKA 		90.8% MX$27.59 Billion
≈ $1.59 Billion 		MX$2.54 Billion Mexico Dec 2025
22690 UAC Global Public Company Limited
BK:UAC 		90.8% ฿1.65 Billion
≈ $51.42 Million 		฿151.66 Million Thailand Mar 2026
22691 Klil Industries Ltd
TA:KLIL 		90.8% ILA384.56 Million
≈ $1.03 Million 		ILA35.35 Million Israel Dec 2025
22692 Guangdong Green Precision Components Co. Ltd.
SHE:300968 		90.8% CN¥1.78 Billion
≈ $261.09 Million 		CN¥164.07 Million China Mar 2026
22693 BHB Brauholding Bayern-Mitte AG
F:B9B 		90.8% €10.69 Million
≈ $12.49 Million 		€982.79K Germany Jun 2025
22694 Huapont Life Sciences Co Ltd
SHE:002004 		90.8% CN¥17.33 Billion
≈ $2.54 Billion 		CN¥1.59 Billion China Mar 2026
22695 Canfor Pulp Products Inc.
TO:CFX 		90.8% CA$32.60 Million
≈ $23.58 Million 		CA$3.00 Million Canada Dec 2025
22696 Gala Precision Engineering
NSE:GALAPREC 		90.8% Rs2.71 Billion
≈ $29.35 Million 		Rs249.80 Million India Sep 2025
22697 Wescoal Holdings Ltd
JSE:SLG 		90.8% ZAC120.58 Million
≈ $64.08K 		ZAC11.10 Million South Africa Mar 2024
22698 ENERSIDE ENERGY EO -01
F:9O8 		90.8% €3.56 Million
≈ $4.16 Million 		€327.77K Germany Jun 2025
22699 Badger Infrastructure Solutions Ltd
TO:BDGI 		90.8% CA$292.76 Million
≈ $211.78 Million 		CA$26.96 Million Canada Sep 2025
22700 Orica Limited
F:ICA 		90.8% €4.26 Billion
≈ $4.98 Billion 		€392.00 Million Germany Sep 2025