Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

90.4%
Across companies on this page

Companies with Data

31,440
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 i-SENS Inc
KQ:099190 		90.5% ₩356.49 Billion
≈ $241.59 Million 		₩34.00 Billion Korea Mar 2026
23002 CGN Power
SHE:003816 		90.5% CN¥178.08 Billion
≈ $26.06 Billion 		CN¥16.98 Billion China Dec 2025
23003 ZW Data Action Technologies Inc
NASDAQ:CNET 		90.5% $4.18 Million $399.00K USA Jun 2026
23004 Shanghai Pharmaceuticals Holding Co Ltd
SHG:601607 		90.4% CN¥91.47 Billion
≈ $13.38 Billion 		CN¥8.74 Billion China Mar 2026
23005 Target Hospitality Corp
NASDAQ:TH 		90.4% $376.62 Million $35.97 Million USA Mar 2026
23006 MarketAxess Holdings Inc
NASDAQ:MKTX 		90.4% $1.16 Billion $110.63 Million USA Dec 2025
23007 Yellow Balloon Tour Co. Ltd
KQ:104620 		90.4% ₩42.45 Billion
≈ $28.77 Million 		₩4.05 Billion Korea Mar 2026
23008 Lifevantage Corporation
NASDAQ:LFVN 		90.4% $33.34 Million $3.19 Million USA Mar 2026
23009 ECARX Holdings Inc. Class A Ordinary shares
NASDAQ:ECX 		90.4% $286.43 Million $27.39 Million USA Sep 2022
23010 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
23011 RattanIndia Enterprises Limited
NSE:RTNINDIA 		90.4% Rs7.70 Billion
≈ $83.24 Million 		Rs735.95 Million India Mar 2026
23012 Johnson Service Group Plc
LSE:JSG 		90.4% GBX293.80 Million
≈ $35.75K 		GBX28.10 Million UK Jun 2025
23013 UBcare. Co. Ltd
KQ:032620 		90.4% ₩159.99 Billion
≈ $108.42 Million 		₩15.30 Billion Korea Mar 2026
23014 Lightron Inc.
KQ:069540 		90.4% ₩77.06 Billion
≈ $52.22 Million 		₩7.37 Billion Korea Mar 2026
23015 Gemadept Corp
VN:GMD 		90.4% ₫15.57 Trillion
≈ $591.52 Million 		₫1.49 Trillion Vietnam Mar 2026
23016 SECHE ENVIRO.UNSP.ADR 1/5
F:SCB0 		90.4% €572.27 Million
≈ $669.04 Million 		€54.77 Million Germany Jun 2025
23017 SMU S.A
SN:SMU 		90.4% CL$824.14 Billion
≈ $921.67 Million 		CL$78.89 Billion Chile Mar 2026
23018 Shaanxi Xinghua Chemistry Co Ltd
SHE:002109 		90.4% CN¥4.84 Billion
≈ $708.20 Million 		CN¥463.31 Million China Sep 2025
23019 Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718 		90.4% CN¥905.42 Million
≈ $132.49 Million 		CN¥86.70 Million China Jun 2025
23020 Ningbo Menovo Pharm Co Ltd
SHG:603538 		90.4% CN¥2.49 Billion
≈ $364.93 Million 		CN¥238.84 Million China Mar 2026
23021 Merchants Bancorp
NASDAQ:MBIN 		90.4% $2.23 Billion $213.16 Million USA Sep 2025
23022 HawkEye 360, Inc.
NYSE:HAWK 		90.4% $356.11 Million $34.12 Million USA Mar 2026
23023 Boston Omaha Corp
NYSE:BOC 		90.4% $536.07 Million $51.36 Million USA Dec 2025
23024 MP Materials Corp
NYSE:MP 		90.4% $1.96 Billion $187.54 Million USA Jun 2026
23025 Telefonaktiebolaget LM Ericsson (publ)
F:ERCA 		90.4% €102.49 Billion
≈ $119.83 Billion 		€9.82 Billion Germany Sep 2025
23026 Telefonaktiebolaget LM Ericsson (publ)
ST:ERIC-B 		90.4% Skr102.49 Billion
≈ $11.03 Billion 		Skr9.82 Billion Sweden Sep 2025
23027 City Auto Corp
VN:CTF 		90.4% ₫1.08 Trillion
≈ $41.18 Million 		₫103.91 Billion Vietnam Dec 2025
23028 Theon International Plc
AS:THEON 		90.4% €402.86 Million
≈ $470.98 Million 		€38.64 Million Netherlands Mar 2026
23029 Electro Optic Systems Holdings Ltd
AU:EOS 		90.4% AU$238.04 Million
≈ $168.43 Million 		AU$22.83 Million Australia Dec 2025
23030 Anton Oilfield Services Group
F:5AO 		90.4% €3.77 Billion
≈ $4.41 Billion 		€361.48 Million Germany Dec 2025
23031 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
23032 Beijing Sinnet Technology Co Ltd
SHE:300383 		90.4% CN¥13.28 Billion
≈ $1.94 Billion 		CN¥1.27 Billion China Sep 2025
23033 Zhejiang Tianzhen Technology Co. Ltd. A
SHE:301356 		90.4% CN¥2.99 Billion
≈ $437.46 Million 		CN¥286.99 Million China Mar 2026
23034 Baiyang Aquatic Group Inc
SHE:002696 		90.4% CN¥1.47 Billion
≈ $214.98 Million 		CN¥141.06 Million China Mar 2026
23035 Genusplus Group Ltd
AU:GNP 		90.4% AU$159.78 Million
≈ $113.05 Million 		AU$15.35 Million Australia Jun 2025
23036 Stride Inc
NYSE:LRN 		90.4% $1.64 Billion $157.74 Million USA Mar 2026
23037 Cancom SE
F:COK 		90.4% €525.25 Million
≈ $614.08 Million 		€50.46 Million Germany Mar 2026
23038 ArcelorMittal SA
XETRA:ARRD 		90.4% €56.81 Billion
≈ $66.42 Billion 		€5.46 Billion Germany Jun 2026
23039 ArcelorMittal SA ADR
NYSE:MT 		90.4% $56.82 Billion $5.46 Billion USA Jun 2026
23040 JA Solar Technology Co Ltd
SHE:002459 		90.4% CN¥21.39 Billion
≈ $3.13 Billion 		CN¥2.06 Billion China Mar 2026
23041 ArcelorMittal SA
AS:MT 		90.4% €56.81 Billion
≈ $66.42 Billion 		€5.46 Billion Netherlands Jun 2026
23042 Finetek Co. Ltd
KQ:131760 		90.4% ₩26.71 Billion
≈ $18.10 Million 		₩2.57 Billion Korea Mar 2026
23043 Armada Hflr Pr
NYSE:AHH 		90.4% $760.18 Million $73.11 Million USA Mar 2026
23044 Materialise NV
NASDAQ:MTLS 		90.4% $255.59 Million $24.59 Million USA Mar 2026
23045 Hove AS
CO:HOVE 		90.4% Dkr87.16 Million
≈ $13.64 Million 		Dkr8.39 Million Denmark Dec 2025
23046 ZTO Express (Cayman) Inc
F:ZTOA 		90.4% €65.37 Billion
≈ $76.42 Billion 		€6.29 Billion Germany Sep 2025
23047 Ningbo Shanshan Co Ltd
SHG:600884 		90.4% CN¥23.54 Billion
≈ $3.44 Billion 		CN¥2.27 Billion China Mar 2026
23048 NINGBO SHANSHAN GDR/A
F:OJ8 		90.4% €23.54 Billion
≈ $27.52 Billion 		€2.27 Billion Germany Mar 2026
23049 Prakash Industries Limited
NSE:PRAKASH 		90.4% Rs34.29 Billion
≈ $370.82 Million 		Rs3.30 Billion India Sep 2025
23050 HuBei SanFeng Intelligent Conveying Equipment Co Ltd
SHE:300276 		90.4% CN¥1.77 Billion
≈ $259.63 Million 		CN¥170.81 Million China Mar 2026
23051 Shanghai Haohai Biological Technology Co. Ltd
F:5HB 		90.4% €5.60 Billion
≈ $6.55 Billion 		€539.73 Million Germany Dec 2025
23052 Fullink Technology Co. LTD.
SHE:301067 		90.4% CN¥769.36 Million
≈ $112.58 Million 		CN¥74.09 Million China Mar 2026
23053 CHINA RISUN GROUP HD-10
F:45Y 		90.4% €15.08 Billion
≈ $17.63 Billion 		€1.45 Billion Germany Dec 2025
23054 Shenzhen Jinxinnong Feed Co Ltd
SHE:002548 		90.4% CN¥1.09 Billion
≈ $159.75 Million 		CN¥105.22 Million China Mar 2026
23055 CGN Power Co Ltd
F:94C 		90.4% €176.21 Billion
≈ $206.01 Billion 		€16.98 Billion Germany Dec 2025
23056 INTESA SANPAOLO ADR/6
F:IESJ 		90.4% €65.38 Billion
≈ $76.43 Billion 		€6.30 Billion Germany Dec 2025
23057 Alarm.com Holdings Inc
NASDAQ:ALRM 		90.4% $910.32 Million $87.79 Million USA Jun 2026
23058 Shanghai Pudong Road & Bridge Construction Co Ltd
SHG:600284 		90.4% CN¥8.01 Billion
≈ $1.17 Billion 		CN¥772.16 Million China Sep 2025
23059 Healthcare Realty Trust Incorporated
NYSE:HR 		90.4% $4.27 Billion $412.12 Million USA Jun 2026
23060 Atkore International Group Inc
NYSE:ATKR 		90.4% $1.28 Billion $123.14 Million USA Jun 2026
23061 Huaneng Power International Inc
F:HUP1 		90.3% €207.01 Billion
≈ $242.01 Billion 		€19.98 Billion Germany Mar 2026
23062 Workday Inc
NASDAQ:WDAY 		90.3% $6.68 Billion $645.00 Million USA Apr 2026
23063 Marqeta Inc
NASDAQ:MQ 		90.3% $715.56K $69.06K USA Jun 2026
23064 International Personal Finance PLC
LSE:IPF 		90.3% GBX546.00 Million
≈ $66.43K 		GBX52.70 Million UK Dec 2025
23065 Banco Bradesco DRC
BA:BBD 		90.3% AR$176.14 Billion
≈ $127.46 Million 		AR$17.01 Billion Argentina Sep 2025
23066 TX Group AG
SW:TXGN 		90.3% CHF2.50 Billion
≈ $3.16 Billion 		CHF241.30 Million Switzerland Jun 2025
23067 Vienna Insurance Group AG
VI:VIG 		90.3% €7.33 Billion
≈ $8.57 Billion 		€708.35 Million Austria Dec 2025
23068 Econframe Bhd
KLSE:0227 		90.3% RM125.16 Million
≈ $31.42 Million 		RM12.10 Million Malaysia Dec 2025
23069 Nnit AS
CO:NNIT 		90.3% Dkr786.00 Million
≈ $122.98 Million 		Dkr76.00 Million Denmark Dec 2025
23070 NBTM New Materials Group Co Ltd
SHG:600114 		90.3% CN¥3.91 Billion
≈ $571.62 Million 		CN¥377.72 Million China Sep 2025
23071 Xinzhi Motor Co Ltd
SHE:002664 		90.3% CN¥3.57 Billion
≈ $522.23 Million 		CN¥345.22 Million China Mar 2026
23072 Augros Cosmetic Packaging SA
PA:AUGR 		90.3% €610.65K
≈ $713.91K 		€59.08K France Jun 2024
23073 CommVault Systems Inc
NASDAQ:CVLT 		90.3% $216.73 Million $20.97 Million USA Dec 2025
23074 Chengdu Easton Biopharmaceuticals Co Ltd
SHG:688513 		90.3% CN¥3.09 Billion
≈ $451.57 Million 		CN¥298.64 Million China Mar 2026
23075 Zhejiang Meida Industrial Co Ltd
SHE:002677 		90.3% CN¥1.47 Billion
≈ $215.78 Million 		CN¥142.74 Million China Mar 2026
23076 CECEP Techand Ecology&Environment Co Ltd
SHE:300197 		90.3% CN¥2.51 Billion
≈ $367.37 Million 		CN¥243.13 Million China Jun 2025
23077 KG Eco Technology Services Co. Ltd
KQ:151860 		90.3% ₩3.16 Trillion
≈ $2.14 Billion 		₩306.55 Billion Korea Mar 2026
23078 Xinjiang Xuefeng Sci-Tech
SHG:603227 		90.3% CN¥6.19 Billion
≈ $905.75 Million 		CN¥599.66 Million China Mar 2026
23079 Gurit Holding AG
SW:GURN 		90.3% CHF52.36 Million
≈ $66.20 Million 		CHF5.08 Million Switzerland Dec 2025
23080 Nano Chem Tech Inc
KQ:091970 		90.3% ₩21.73 Billion
≈ $14.72 Million 		₩2.11 Billion Korea Mar 2026
23081 Wavestone S.A.
PA:WAVE 		90.3% €645.42 Million
≈ $754.56 Million 		€62.60 Million France Sep 2025
23082 Électricite de Strasbourg Société Anonyme
PA:ELEC 		90.3% €651.33 Million
≈ $761.47 Million 		€63.17 Million France Jun 2026
23083 Evgo Inc
NASDAQ:EVGO 		90.3% $309.60 Million $30.03 Million USA Jun 2026
23084 Computer Age Management Services Limited
NSE:CAMS 		90.3% Rs13.21 Billion
≈ $142.85 Million 		Rs1.28 Billion India Mar 2026
23085 Innovent Biologics Inc
F:6IB 		90.3% €19.36 Billion
≈ $22.63 Billion 		€1.88 Billion Germany Dec 2025
23086 ABSA Bank Limited
JSE:ABSP 		90.3% ZAC91.33 Billion
≈ $48.53 Million 		ZAC8.86 Billion South Africa Dec 2019
23087 Shanxi Tond Chemical Co Ltd
SHE:002360 		90.3% CN¥1.99 Billion
≈ $291.47 Million 		CN¥193.32 Million China Sep 2025
23088 Taekyung BK Co Ltd
KO:014580 		90.3% ₩412.00 Billion
≈ $279.21 Million 		₩40.00 Billion Korea Sep 2025
23089 Carlsberg Brewery Malaysia Bhd
KLSE:2836 		90.3% RM422.92 Million
≈ $106.18 Million 		RM41.06 Million Malaysia Mar 2026
23090 Kimteks Poliuretan Sanayi ve Ticaret AS
IS:KMPUR 		90.3% TL3.41 Billion
≈ $76.32 Million 		TL330.93 Million Turkey Dec 2025
23091 Actinogen Medical Ltd
AU:ACW 		90.3% AU$18.34 Million
≈ $12.97 Million 		AU$1.78 Million Australia Jun 2025
23092 Daesung Ind
KO:128820 		90.3% ₩607.28 Billion
≈ $411.55 Million 		₩59.01 Billion Korea Sep 2025
23093 Prescient Therapeutics Ltd
AU:PTX 		90.3% AU$16.97 Million
≈ $12.01 Million 		AU$1.65 Million Australia Dec 2025
23094 MeiHua Holdings Group Co Ltd
SHG:600873 		90.3% CN¥16.12 Billion
≈ $2.36 Billion 		CN¥1.57 Billion China Sep 2025
23095 QUBE Holdings Ltd
AU:QUB 		90.3% AU$3.12 Billion
≈ $2.21 Billion 		AU$303.40 Million Australia Dec 2025
23096 Zhejiang Tiantie Industry Co Ltd
SHE:300587 		90.3% CN¥2.48 Billion
≈ $362.49 Million 		CN¥241.07 Million China Sep 2025
23097 Light S.A
SA:LIGT3 		90.3% R$8.32 Billion
≈ $1.63 Billion 		R$810.04 Million Brazil Mar 2026
23098 Rocket Lab USA Inc.
NASDAQ:RKLB 		90.3% $2.26 Billion $220.57 Million USA Mar 2026
23099 Lancy Co Ltd
SHE:002612 		90.3% CN¥4.05 Billion
≈ $593.35 Million 		CN¥395.04 Million China Sep 2025
23100 Shandong Ruifeng Chemical Co Ltd
SHE:300243 		90.3% CN¥1.17 Billion
≈ $171.21 Million 		CN¥114.01 Million China Mar 2026