Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

90.5%
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
22801 Suzano S.A.
SA:SUZB3 		90.6% R$48.18 Billion
≈ $9.45 Billion 		R$4.53 Billion Brazil Mar 2026
22802 Jiangsu Bide Science and Technology Co. Ltd.
SHG:605298 		90.6% CN¥1.05 Billion
≈ $153.19 Million 		CN¥98.48 Million China Sep 2025
22803 Jiangsu Rainbow Heavy Industries Co Ltd
SHE:002483 		90.6% CN¥5.17 Billion
≈ $757.04 Million 		CN¥486.77 Million China Mar 2026
22804 Hipages Group Holdings Ltd
AU:HPG 		90.6% AU$43.15 Million
≈ $30.53 Million 		AU$4.06 Million Australia Jun 2025
22805 Ningxia Baofeng Energy Group Co Ltd
SHG:600989 		90.6% CN¥52.12 Billion
≈ $7.63 Billion 		CN¥4.90 Billion China Mar 2026
22806 Macerich Company
NYSE:MAC 		90.6% $2.51 Billion $236.41 Million USA Mar 2026
22807 Changchun Yidong Clutch Co Ltd
SHG:600148 		90.6% CN¥621.75 Million
≈ $90.98 Million 		CN¥58.53 Million China Sep 2025
22808 Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira
SA:INTB3 		90.6% R$3.18 Billion
≈ $623.51 Million 		R$299.19 Million Brazil Sep 2025
22809 Jowell Global Ltd.
NASDAQ:JWEL 		90.6% $11.45 Million $1.08 Million USA Mar 2026
22810 JDM Jingda Mach(Ningbo)Co Ltd
SHG:603088 		90.6% CN¥1.12 Billion
≈ $163.69 Million 		CN¥105.37 Million China Sep 2025
22811 Qingdao Gon Technology Co Ltd
SHE:002768 		90.6% CN¥8.88 Billion
≈ $1.30 Billion 		CN¥836.71 Million China Mar 2026
22812 National Grid plc
F:NNGD 		90.6% €37.83 Billion
≈ $44.22 Billion 		€3.56 Billion Germany Mar 2025
22813 Xuchang Yuandong Drive Shaft Co Ltd
SHE:002406 		90.6% CN¥4.05 Billion
≈ $592.42 Million 		CN¥381.65 Million China Sep 2025
22814 Dongfeng Motor Group Company Limited
F:D4D 		90.6% €153.94 Billion
≈ $179.97 Billion 		€14.51 Billion Germany Jun 2025
22815 Guilin Fuda Co Ltd
SHG:603166 		90.6% CN¥2.73 Billion
≈ $400.05 Million 		CN¥257.92 Million China Mar 2026
22816 INKEVERSE GROUP DL-001
F:5IK 		90.6% €4.69 Billion
≈ $5.49 Billion 		€443.01 Million Germany Dec 2025
22817 Beeline Holdings, Inc.
NASDAQ:BLNE 		90.6% $50.90 Million $4.80 Million USA Mar 2026
22818 Goodfood Market Corp
TO:FOOD 		90.6% CA$45.21 Million
≈ $32.70 Million 		CA$4.27 Million Canada May 2022
22819 Guang Dong Sitong Group Co Ltd
SHG:603838 		90.6% CN¥932.69 Million
≈ $136.48 Million 		CN¥88.08 Million China Sep 2025
22820 Doright Co.Ltd.
SHE:300950 		90.6% CN¥828.84 Million
≈ $121.29 Million 		CN¥78.27 Million China Mar 2026
22821 HK Metals Utama Tbk PT
JK:HKMU 		90.6% Rp22.52 Million
≈ $1.32K 		Rp2.13 Million Indonesia Dec 2022
22822 Aegean Airlines S.A.
AT:AEGN 		90.6% €568.76 Million
≈ $664.94 Million 		€53.72 Million Greece Dec 2025
22823 Yuhuan CNC Machine Tool Co Ltd
SHE:002903 		90.6% CN¥837.19 Million
≈ $122.51 Million 		CN¥79.08 Million China Mar 2026
22824 Healthcare Realty Trust Incorporated
NYSE:HR 		90.6% $4.49 Billion $424.50 Million USA Mar 2026
22825 Stomil Sanok SA
WAR:SNK 		90.6% zł609.31 Million
≈ $167.69 Million 		zł57.58 Million Poland Mar 2026
22826 Global Water Resources Inc
NASDAQ:GWRS 		90.5% $89.62 Million $8.47 Million USA Sep 2025
22827 Chateau International Development Co Ltd
TW:2722 		90.5% NT$2.66 Billion
≈ $83.70 Million 		NT$251.26 Million Taiwan Mar 2026
22828 Guangzhou Jinzhong Auto Parts Manufacturing Co. Ltd.
SHE:301133 		90.5% CN¥1.37 Billion
≈ $201.02 Million 		CN¥129.99 Million China Mar 2026
22829 Capgemini SE
PA:CAP 		90.5% €11.67 Billion
≈ $13.65 Billion 		€1.10 Billion France Dec 2025
22830 CAPGEMINI UNS.ADR 1/5/EO8
F:CGMA 		90.5% €11.67 Billion
≈ $13.65 Billion 		€1.10 Billion Germany Dec 2025
22831 HIL Limited
NSE:HIL 		90.5% Rs12.11 Billion
≈ $131.01 Million 		Rs1.15 Billion India Mar 2025
22832 Guangzhou Haozhi Industrial Co Ltd
SHE:300503 		90.5% CN¥1.36 Billion
≈ $199.04 Million 		CN¥128.88 Million China Sep 2025
22833 CVC Technologies
TWO:4744 		90.5% NT$1.30 Billion
≈ $40.97 Million 		NT$123.22 Million Taiwan Dec 2025
22834 Sinostone Guangdong Co Ltd
SHE:001212 		90.5% CN¥1.92 Billion
≈ $281.28 Million 		CN¥182.19 Million China Mar 2026
22835 Sunrise Group Co Ltd
SHE:002752 		90.5% CN¥3.70 Billion
≈ $542.07 Million 		CN¥351.18 Million China Mar 2026
22836 PCC Rokita SA
WAR:PCR 		90.5% zł1.36 Billion
≈ $373.13 Million 		zł128.58 Million Poland Dec 2025
22837 Shanghai Aladdin Biochemical Technology Co. Ltd. A
SHG:688179 		90.5% CN¥1.19 Billion
≈ $173.99 Million 		CN¥112.76 Million China Mar 2026
22838 South West Pinnacle Exploration Limited
NSE:SOUTHWEST 		90.5% Rs2.04 Billion
≈ $22.01 Million 		Rs193.06 Million India Mar 2026
22839 JAPAN EX UN.ADR 1/2 O.N.
F:OSKU 		90.5% €336.76 Billion
≈ $393.71 Billion 		€31.94 Billion Germany Sep 2025
22840 Chengdu Road & Bridge Engineering Co Ltd
SHE:002628 		90.5% CN¥2.90 Billion
≈ $424.34 Million 		CN¥275.08 Million China Mar 2026
22841 Guangdong Huafeng New Energy Technology Co Ltd
SHE:002806 		90.5% CN¥1.12 Billion
≈ $163.68 Million 		CN¥106.11 Million China Mar 2026
22842 AvidXchange Holdings Inc
NASDAQ:AVDX 		90.5% $687.55 Million $65.23 Million USA Jun 2025
22843 Panorama Sentrawisata Tbk
JK:PANR 		90.5% Rp1.18 Trillion
≈ $68.99 Million 		Rp111.74 Billion Indonesia Sep 2025
22844 Azek Company Inc
NYSE:AZEK 		90.5% $1.45 Billion $138.03 Million USA Mar 2025
22845 Fitness Champs Holdings Limited Common Stock
NASDAQ:FCHL 		90.5% $769.00K $73.00K USA Dec 2025
22846 Sunoco LP
NYSE:SUN 		90.5% $5.54 Billion $526.00 Million USA Sep 2025
22847 A.J. Plast Public Company Limited
BK:AJ 		90.5% ฿4.28 Billion
≈ $133.43 Million 		฿406.39 Million Thailand Dec 2025
22848 WebCash Corporation
KQ:053580 		90.5% ₩111.22 Billion
≈ $75.37 Million 		₩10.56 Billion Korea Dec 2025
22849 Mastech Holdings Inc
NYSE MKT:MHH 		90.5% $88.01 Million $8.36 Million USA Sep 2025
22850 Beijing Tongyizhong New Material Technology Corp
SHG:688722 		90.5% CN¥1.61 Billion
≈ $235.56 Million 		CN¥152.92 Million China Mar 2026
22851 Dexter Co Ltd
KQ:206560 		90.5% ₩43.32 Billion
≈ $29.36 Million 		₩4.12 Billion Korea Dec 2025
22852 Plymouth Industrial REIT Inc
NYSE:PLYM 		90.5% $552.98 Million $52.57 Million USA Sep 2025
22853 Abingdon Health Plc
LSE:ABDX 		90.5% GBX5.30 Million
≈ $644.86 		GBX504.00K UK Jun 2025
22854 Shanghai Shine-Link Intl
SHG:603648 		90.5% CN¥1.85 Billion
≈ $270.50 Million 		CN¥175.85 Million China Sep 2025
22855 Électricite de Strasbourg Société Anonyme
PA:ELEC 		90.5% €685.68 Million
≈ $801.64 Million 		€65.23 Million France Mar 2026
22856 Shenzhen MinDe Electronics Technology Ltd
SHE:300656 		90.5% CN¥1.09 Billion
≈ $159.46 Million 		CN¥103.67 Million China Sep 2025
22857 Weave Communications Inc
NYSE:WEAV 		90.5% $78.62 Million $7.48 Million USA Sep 2025
22858 Guangdong Biolight Meditech Co Ltd
SHE:300246 		90.5% CN¥1.21 Billion
≈ $176.40 Million 		CN¥114.77 Million China Mar 2026
22859 GoldMoney Inc
TO:XAU 		90.5% CA$170.79 Million
≈ $123.55 Million 		CA$16.26 Million Canada Jun 2025
22860 Changzhou Qianhong Biopharma Co Ltd
SHE:002550 		90.5% CN¥2.85 Billion
≈ $417.34 Million 		CN¥271.65 Million China Mar 2026
22861 Shenyang Jinbei Automotive Co Ltd
SHG:600609 		90.5% CN¥1.88 Billion
≈ $274.55 Million 		CN¥178.72 Million China Sep 2025
22862 Nanjing Huamai Tech Co Ltd
SHG:603042 		90.5% CN¥928.51 Million
≈ $135.87 Million 		CN¥88.45 Million China Mar 2026
22863 Lianhe Chemical Technology Co Ltd
SHE:002250 		90.5% CN¥7.09 Billion
≈ $1.04 Billion 		CN¥675.61 Million China Sep 2025
22864 Premier Investments Ltd
AU:PMV 		90.5% AU$1.00 Billion
≈ $708.93 Million 		AU$95.46 Million Australia Jul 2025
22865 Bapcor Ltd
AU:BAP 		90.5% AU$855.85 Million
≈ $605.57 Million 		AU$81.55 Million Australia Jun 2025
22866 BAPCOR LTD.
F:0BS 		90.5% €855.85 Million
≈ $1.00 Billion 		€81.55 Million Germany Jun 2025
22867 Hubei Wanrun New Energy Technology Co. Ltd. A
SHG:688275 		90.5% CN¥5.27 Billion
≈ $770.89 Million 		CN¥502.07 Million China Jun 2025
22868 Dicker Data Ltd
AU:DDR 		90.5% AU$257.02 Million
≈ $181.86 Million 		AU$24.50 Million Australia Dec 2025
22869 Sichuan Tianqi Lithium Industries Inc
SHE:002466 		90.5% CN¥51.40 Billion
≈ $7.52 Billion 		CN¥4.90 Billion China Sep 2025
22870 Dymatic Chemicals Inc
SHE:002054 		90.5% CN¥3.23 Billion
≈ $472.34 Million 		CN¥307.83 Million China Mar 2026
22871 i-SENS Inc
KQ:099190 		90.5% ₩356.49 Billion
≈ $241.59 Million 		₩34.00 Billion Korea Mar 2026
22872 CGN Power
SHE:003816 		90.5% CN¥178.08 Billion
≈ $26.06 Billion 		CN¥16.98 Billion China Dec 2025
22873 Mohawk Industries Inc
NYSE:MHK 		90.5% $8.38 Billion $799.90 Million USA Mar 2026
22874 Plan B Media PCL
BK:PLANB 		90.5% ฿12.59 Billion
≈ $392.47 Million 		฿1.20 Billion Thailand Dec 2025
22875 Shanghai Pharmaceuticals Holding Co Ltd
SHG:601607 		90.4% CN¥91.47 Billion
≈ $13.38 Billion 		CN¥8.74 Billion China Mar 2026
22876 Target Hospitality Corp
NASDAQ:TH 		90.4% $376.62 Million $35.97 Million USA Mar 2026
22877 MarketAxess Holdings Inc
NASDAQ:MKTX 		90.4% $1.16 Billion $110.63 Million USA Dec 2025
22878 Lifevantage Corporation
NASDAQ:LFVN 		90.4% $33.34 Million $3.19 Million USA Mar 2026
22879 ECARX Holdings Inc. Class A Ordinary shares
NASDAQ:ECX 		90.4% $286.43 Million $27.39 Million USA Sep 2022
22880 Guangxi Fenglin Wood Industry Group Co Ltd
SHG:601996 		90.4% CN¥2.46 Billion
≈ $359.63 Million 		CN¥235.00 Million China Mar 2026
22881 RattanIndia Enterprises Limited
NSE:RTNINDIA 		90.4% Rs7.70 Billion
≈ $83.24 Million 		Rs735.95 Million India Mar 2026
22882 Johnson Service Group Plc
LSE:JSG 		90.4% GBX293.80 Million
≈ $35.75K 		GBX28.10 Million UK Jun 2025
22883 UBcare. Co. Ltd
KQ:032620 		90.4% ₩159.99 Billion
≈ $108.42 Million 		₩15.30 Billion Korea Mar 2026
22884 Gemadept Corp
VN:GMD 		90.4% ₫15.57 Trillion
≈ $591.52 Million 		₫1.49 Trillion Vietnam Mar 2026
22885 SECHE ENVIRO.UNSP.ADR 1/5
F:SCB0 		90.4% €572.27 Million
≈ $669.04 Million 		€54.77 Million Germany Jun 2025
22886 Shaanxi Xinghua Chemistry Co Ltd
SHE:002109 		90.4% CN¥4.84 Billion
≈ $708.20 Million 		CN¥463.31 Million China Sep 2025
22887 Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718 		90.4% CN¥905.42 Million
≈ $132.49 Million 		CN¥86.70 Million China Jun 2025
22888 Ningbo Menovo Pharm Co Ltd
SHG:603538 		90.4% CN¥2.49 Billion
≈ $364.93 Million 		CN¥238.84 Million China Mar 2026
22889 Merchants Bancorp
NASDAQ:MBIN 		90.4% $2.23 Billion $213.16 Million USA Sep 2025
22890 Expensify Inc
NASDAQ:EXFY 		90.4% $138.53 Million $13.27 Million USA Mar 2026
22891 Boston Omaha Corp
NYSE:BOC 		90.4% $536.07 Million $51.36 Million USA Dec 2025
22892 Telefonaktiebolaget LM Ericsson (publ)
F:ERCA 		90.4% €102.49 Billion
≈ $119.83 Billion 		€9.82 Billion Germany Sep 2025
22893 Telefonaktiebolaget LM Ericsson (publ)
ST:ERIC-B 		90.4% Skr102.49 Billion
≈ $11.03 Billion 		Skr9.82 Billion Sweden Sep 2025
22894 City Auto Corp
VN:CTF 		90.4% ₫1.08 Trillion
≈ $41.18 Million 		₫103.91 Billion Vietnam Dec 2025
22895 Electro Optic Systems Holdings Ltd
AU:EOS 		90.4% AU$238.04 Million
≈ $168.43 Million 		AU$22.83 Million Australia Dec 2025
22896 ArcelorMittal SA
AS:MT 		90.4% €57.21 Billion
≈ $66.89 Billion 		€5.49 Billion Netherlands Mar 2026
22897 Anton Oilfield Services Group
F:5AO 		90.4% €3.77 Billion
≈ $4.41 Billion 		€361.48 Million Germany Dec 2025
22898 Zhe Jiang Li Zi Yuan Food Co Ltd
SHG:605337 		90.4% CN¥1.61 Billion
≈ $235.33 Million 		CN¥154.31 Million China Sep 2025
22899 Gilat Satellite Networks Ltd
TA:GILT 		90.4% ILA539.50 Million
≈ $1.45 Million 		ILA51.77 Million Israel Mar 2026
22900 Beijing Sinnet Technology Co Ltd
SHE:300383 		90.4% CN¥13.28 Billion
≈ $1.94 Billion 		CN¥1.27 Billion China Sep 2025