Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

90.0%
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
23001 Linkage Software Co Ltd
SHG:688588 		90.2% CN¥1.23 Billion
≈ $179.74 Million 		CN¥120.80 Million China Mar 2026
23002 Ecovyst Inc
NYSE:ECVT 		90.2% $575.20 Million $56.60 Million USA Mar 2026
23003 Vinyl Group Ltd
AU:VNL 		90.2% AU$18.07 Million
≈ $12.79 Million 		AU$1.78 Million Australia Jun 2025
23004 N.D. Rubber Public Company Limited
BK:NDR 		90.2% ฿982.88 Million
≈ $30.64 Million 		฿96.73 Million Thailand Dec 2025
23005 Guangdong Zhengye Technology Co Ltd
SHE:300410 		90.2% CN¥277.79 Million
≈ $40.65 Million 		CN¥27.34 Million China Mar 2026
23006 bioAffinity Technologies, Inc.
NASDAQ:BIAF 		90.2% $7.28 Million $716.81K USA Dec 2025
23007 Tennant Company
NYSE:TNC 		90.2% $533.00 Million $52.50 Million USA Mar 2026
23008 Cognizant Technology Solutions Corp Class A
NASDAQ:CTSH 		90.1% $15.07 Billion $1.49 Billion USA Mar 2026
23009 National Grid PLC
LSE:NG 		90.1% GBX37.22 Billion
≈ $4.53 Million 		GBX3.67 Billion UK Sep 2025
23010 National Grid PLC ADR
NYSE:NGG 		90.1% $37.22 Billion $3.67 Billion USA Sep 2025
23011 Addsino Co Ltd
SHE:000547 		90.1% CN¥4.49 Billion
≈ $657.23 Million 		CN¥442.96 Million China Mar 2026
23012 Bumi Serpong Damai Tbk
JK:BSDE 		90.1% Rp50.74 Trillion
≈ $2.97 Billion 		Rp5.01 Trillion Indonesia Jun 2025
23013 Campina Ice Cream Industry Tbk PT
JK:CAMP 		90.1% Rp981.96 Billion
≈ $57.54 Million 		Rp96.92 Billion Indonesia Sep 2025
23014 Bahnhof AB Series B
ST:BAHN-B 		90.1% Skr536.34 Million
≈ $57.72 Million 		Skr52.94 Million Sweden Dec 2025
23015 BYD Electronic (International) Company Limited
F:4BY 		90.1% €32.84 Billion
≈ $38.40 Billion 		€3.24 Billion Germany Jun 2025
23016 Quad Graphics Inc
NYSE:QUAD 		90.1% $126.60 Million $12.50 Million USA Mar 2026
23017 ROUTE MOBILE LIMITED
NSE:ROUTE 		90.1% Rs28.22 Billion
≈ $305.15 Million 		Rs2.79 Billion India Mar 2026
23018 Kidswant Children Products Co.Ltd.
SHE:301078 		90.1% CN¥4.38 Billion
≈ $641.41 Million 		CN¥433.06 Million China Jun 2025
23019 Azkoyen
MC:AZK 		90.1% €134.32 Million
≈ $157.04 Million 		€13.27 Million Spain Dec 2025
23020 Primarius Technologies Co. Ltd. A
SHG:688206 		90.1% CN¥2.04 Billion
≈ $298.63 Million 		CN¥201.77 Million China Jun 2025
23021 Guangzhou KDT Machinery Co Ltd
SHE:002833 		90.1% CN¥3.13 Billion
≈ $457.80 Million 		CN¥309.35 Million China Sep 2025
23022 Datang International Power Generation Co Ltd Class A
SHG:601991 		90.1% CN¥53.67 Billion
≈ $7.85 Billion 		CN¥5.31 Billion China Sep 2025
23023 New Power Plasma Co.Ltd
KQ:144960 		90.1% ₩430.91 Billion
≈ $292.02 Million 		₩42.63 Billion Korea Sep 2025
23024 Silla Sg Co. Ltd
KQ:025870 		90.1% ₩15.76 Billion
≈ $10.68 Million 		₩1.56 Billion Korea Sep 2025
23025 Vistry Group PLC
LSE:VTY 		90.1% GBX3.32 Billion
≈ $404.51K 		GBX329.20 Million UK Dec 2025
23026 Shinhan Financial Group Co Ltd
NYSE:SHG 		90.1% $60.20 Trillion $5.96 Trillion USA Jun 2025
23027 Zhangjiagang Guangda Special Material Co Ltd
SHG:688186 		90.1% CN¥5.14 Billion
≈ $751.79 Million 		CN¥509.06 Million China Mar 2026
23028 Guangdong Wanlima Industry Co Ltd
SHE:300591 		90.1% CN¥188.99 Million
≈ $27.65 Million 		CN¥18.73 Million China Mar 2026
23029 Shanghai Shen Lian Biomedical Corp
SHG:688098 		90.1% CN¥1.40 Billion
≈ $204.37 Million 		CN¥138.40 Million China Mar 2026
23030 XANO Industri AB (publ)
ST:XANO-B 		90.1% Skr1.93 Billion
≈ $207.38 Million 		Skr191.00 Million Sweden Mar 2026
23031 Shenzhen Chuangyitong Technology Co.Ltd.
SHE:300991 		90.1% CN¥641.96 Million
≈ $93.94 Million 		CN¥63.65 Million China Mar 2026
23032 Atkore International Group Inc
NYSE:ATKR 		90.1% $1.28 Billion $127.02 Million USA Mar 2026
23033 Hanwha Corp Preferred
KO:00088K 		90.1% ₩46.07 Trillion
≈ $31.22 Billion 		₩4.57 Trillion Korea Sep 2025
23034 Hanwha
KO:000880 		90.1% ₩46.07 Trillion
≈ $31.22 Billion 		₩4.57 Trillion Korea Sep 2025
23035 FSN E-Commerce Ventures Limited
NSE:NYKAA 		90.1% Rs15.02 Billion
≈ $162.45 Million 		Rs1.49 Billion India Mar 2026
23036 Hangzhou Kelin Electric Co. Ltd. A
SHG:688611 		90.1% CN¥869.34 Million
≈ $127.21 Million 		CN¥86.26 Million China Sep 2025
23037 Tae Kyung Ind
KO:015890 		90.1% ₩581.93 Billion
≈ $394.36 Million 		₩57.75 Billion Korea Sep 2025
23038 Korean Air Lines Co Ltd
KO:003495 		90.1% ₩11.28 Trillion
≈ $7.64 Billion 		₩1.12 Trillion Korea Mar 2026
23039 Zhejiang Yaguang Technology Co. Ltd. A
SHG:603282 		90.1% CN¥1.26 Billion
≈ $184.82 Million 		CN¥125.50 Million China Jun 2025
23040 Hangzhou Wensli Silk Culture Co. Ltd.
SHE:301066 		90.1% CN¥675.93 Million
≈ $98.91 Million 		CN¥67.19 Million China Jun 2025
23041 Zhejiang Hisoar Pharmaceutical Co Ltd
SHE:002099 		90.1% CN¥5.11 Billion
≈ $747.87 Million 		CN¥508.08 Million China Sep 2025
23042 Stanley Fertilizer Co Ltd
SHE:002588 		90.1% CN¥8.88 Billion
≈ $1.30 Billion 		CN¥883.04 Million China Mar 2026
23043 Motorcycle Holdings Ltd
AU:MTO 		90.1% AU$210.83 Million
≈ $149.18 Million 		AU$20.98 Million Australia Dec 2025
23044 FRIWO AG
F:CEA 		90.0% €15.09 Million
≈ $17.64 Million 		€1.50 Million Germany Dec 2025
23045 DAIMLER TRUCK SP.ADS/1/2
F:DTG1 		90.0% €22.45 Billion
≈ $26.24 Billion 		€2.23 Billion Germany Mar 2026
23046 Daimler Truck Holding AG
F:DTG 		90.0% €22.45 Billion
≈ $26.24 Billion 		€2.23 Billion Germany Mar 2026
23047 Centrum Medyczne ENEL-MED SA
WAR:ENE 		90.0% zł186.69 Million
≈ $51.38 Million 		zł18.59 Million Poland Mar 2026
23048 Arrive AI Inc.
NASDAQ:ARAI 		90.0% $2.73 Million $271.58K USA Mar 2026
23049 1414 Degrees Ltd
AU:14D 		90.0% AU$4.14 Million
≈ $2.93 Million 		AU$412.45K Australia Dec 2025
23050 ASX LTD UNSPONS.ADR 1
F:AUX1 		90.0% €3.87 Billion
≈ $4.53 Billion 		€386.00 Million Germany Jun 2025
23051 Ratos AB (publ)
ST:RATO-B 		90.0% Skr15.44 Billion
≈ $1.66 Billion 		Skr1.54 Billion Sweden Dec 2025
23052 Shenzhen Gas Corp Ltd
SHG:601139 		90.0% CN¥19.56 Billion
≈ $2.86 Billion 		CN¥1.95 Billion China Mar 2026
23053 Hunan Chen Dian International Development Co Ltd
SHG:600969 		90.0% CN¥4.02 Billion
≈ $588.94 Million 		CN¥401.33 Million China Mar 2026
23054 Grupo Bafar S.A.B. de C.V
MX:BAFARB 		90.0% MX$12.37 Billion
≈ $711.70 Million 		MX$1.23 Billion Mexico Sep 2023
23055 Soulbrain Co. Ltd
KQ:357780 		90.0% ₩1.10 Trillion
≈ $744.36 Million 		₩109.57 Billion Korea Sep 2025
23056 Xinxing Ductile Iron Pipes Co Ltd
SHE:000778 		90.0% CN¥29.12 Billion
≈ $4.26 Billion 		CN¥2.91 Billion China Mar 2026
23057 MKDWELL Tech Inc. Ordinary Share
NASDAQ:MKDW 		90.0% $4.89 Million $487.69K USA Mar 2026
23058 Danel (Adir Yeoshua) Ltd
TA:DANE 		90.0% ILA515.23 Million
≈ $1.38 Million 		ILA51.40 Million Israel Dec 2025
23059 Ooh!Media Ltd
AU:OML 		90.0% AU$732.54 Million
≈ $518.32 Million 		AU$73.09 Million Australia Dec 2025
23060 Los Andes Copper Limited
V:LA 		90.0% CA$82.68 Million
≈ $59.81 Million 		CA$8.25 Million Canada Dec 2025
23061 Moatable Inc
NYSE:MTBLY 		90.0% $32.29 Million $3.22 Million USA Sep 2025
23062 GalaxyCore Inc
SHG:688728 		90.0% CN¥7.87 Billion
≈ $1.15 Billion 		CN¥786.02 Million China Mar 2026
23063 Global Medical REIT Inc.
NYSE:GMRE 		90.0% $505.83 Million $50.53 Million USA Sep 2025
23064 Wetown Electric Group Co Ltd
SHG:688226 		90.0% CN¥1.85 Billion
≈ $270.47 Million 		CN¥184.67 Million China Mar 2026
23065 Card Factory PLC
LSE:CARD 		90.0% GBX339.20 Million
≈ $41.27K 		GBX33.90 Million UK Jul 2025
23066 Tecogen Inc.
NYSE:TGEN 		90.0% $21.47 Million $2.15 Million USA Dec 2025
23067 Beijing Tianyishangjia New Material Corp Ltd
SHG:688033 		90.0% CN¥1.37 Billion
≈ $200.92 Million 		CN¥137.30 Million China Mar 2026
23068 Miracle Automation Engineering
SHE:002009 		90.0% CN¥2.04 Billion
≈ $298.74 Million 		CN¥204.19 Million China Mar 2026
23069 2CRSI S.A.
PA:AL2SI 		90.0% €38.60 Million
≈ $45.13 Million 		€3.86 Million France Nov 2025
23070 BK OF IREL.UNSP.ADR/1 EO1
F:BIRB 		90.0% €12.92 Billion
≈ $15.10 Billion 		€1.29 Billion Germany Dec 2025
23071 DarkIris Inc. Class A Ordinary Shares
NASDAQ:DKI 		90.0% $6.78 Million $679.13K USA Sep 2025
23072 Zhejiang Mtcn Technology Co Ltd
SHE:003026 		90.0% CN¥681.24 Million
≈ $99.69 Million 		CN¥68.22 Million China Mar 2026
23073 Tederic Machinery Co Ltd
SHG:603289 		90.0% CN¥1.50 Billion
≈ $219.20 Million 		CN¥150.02 Million China Mar 2026
23074 Union Auction Public Company Limited
BK:AUCT 		90.0% ฿501.71 Million
≈ $15.64 Million 		฿50.27 Million Thailand Dec 2025
23075 Unique Mining Services Public Company Limited
BK:UMS 		90.0% ฿973.81 Million
≈ $30.35 Million 		฿97.58 Million Thailand Jun 2025
23076 Aurora Mobile Ltd
NASDAQ:JG 		90.0% $99.49 Million $9.97 Million USA Dec 2025
23077 Boku Inc
LSE:BOKU 		90.0% GBX153.26 Million
≈ $18.65K 		GBX15.37 Million UK Dec 2025
23078 BOKU INC. REG S DL-0001
F:B04 		90.0% €153.21 Million
≈ $179.12 Million 		€15.36 Million Germany Dec 2025
23079 Zhejiang Baoxiniao Garment Co Ltd
SHE:002154 		90.0% CN¥4.98 Billion
≈ $729.22 Million 		CN¥500.01 Million China Mar 2026
23080 Intellicheck Mobilisa Inc
NASDAQ:IDN 		90.0% $20.70 Million $2.08 Million USA Dec 2025
23081 Dropbox Inc
NASDAQ:DBX 		90.0% $333.80 Million $33.50 Million USA Dec 2020
23082 Ai-Media Technologies Ltd
AU:AIM 		90.0% AU$71.28 Million
≈ $50.43 Million 		AU$7.15 Million Australia Dec 2025
23083 Zhejiang Dilong New Material Co Ltd
SHE:002247 		90.0% CN¥669.17 Million
≈ $97.92 Million 		CN¥67.17 Million China Sep 2025
23084 Canopy Growth Corp
TO:WEED 		90.0% CA$758.17 Million
≈ $548.45 Million 		CA$76.17 Million Canada Dec 2025
23085 Canopy Growth Corp
NASDAQ:CGC 		90.0% $758.17 Million $76.17 Million USA Dec 2025
23086 Qinchuan Machine Tool & Tool Group Share Co Ltd
SHE:000837 		90.0% CN¥5.59 Billion
≈ $818.11 Million 		CN¥561.80 Million China Mar 2026
23087 P.C.B Tec
TA:PCBT 		89.9% ILA94.61 Million
≈ $253.65K 		ILA9.51 Million Israel Mar 2026
23088 VeriSign Inc
NASDAQ:VRSN 		89.9% $545.33 Million $54.82 Million USA Mar 2011
23089 Mister Car Wash, Inc. Common Stock
NYSE:MCW 		89.9% $1.11 Billion $111.12 Million USA Sep 2025
23090 Jourdeness Group Ltd
TW:4190 		89.9% NT$1.64 Billion
≈ $51.53 Million 		NT$164.55 Million Taiwan Dec 2025
23091 Tellhow Sci-Tech Co Ltd
SHG:600590 		89.9% CN¥4.33 Billion
≈ $632.96 Million 		CN¥435.17 Million China Mar 2026
23092 MYR Group Inc
NASDAQ:MYRG 		89.9% $702.82 Million $70.74 Million USA Mar 2026
23093 Innocean Worldwide Inc
KO:214320 		89.9% ₩1.09 Trillion
≈ $740.94 Million 		₩110.05 Billion Korea Dec 2025
23094 H&E Equipment Services Inc
NASDAQ:HEES 		89.9% $603.88 Million $60.81 Million USA Mar 2025
23095 Guangdong Guangzhou Daily Media Co Ltd
SHE:002181 		89.9% CN¥4.31 Billion
≈ $630.16 Million 		CN¥433.69 Million China Mar 2026
23096 mBank SA
WAR:MBK 		89.9% zł22.33 Billion
≈ $6.15 Billion 		zł2.25 Billion Poland Mar 2026
23097 Delta Israel Brands Ltd
TA:DLTI 		89.9% ILA528.61 Million
≈ $1.42 Million 		ILA53.27 Million Israel Dec 2025
23098 Anhui Huilong Agricultural Means of Production Co Ltd
SHE:002556 		89.9% CN¥3.84 Billion
≈ $561.99 Million 		CN¥387.10 Million China Mar 2026
23099 Shaanxi Meibang Pharmaceutical Group Co Ltd
SHG:605033 		89.9% CN¥1.15 Billion
≈ $167.89 Million 		CN¥115.68 Million China Sep 2025
23100 RTL Group SA
LSE:0MNC 		89.9% €4.07 Billion
≈ $4.75 Billion 		€410.00 Million UK Jun 2021