Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

90.1%
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
23101 Jiangsu Shagang Co Ltd
SHE:002075 		90.3% CN¥10.39 Billion
≈ $1.52 Billion 		CN¥1.01 Billion China Mar 2026
23102 WHA Corporation Public Company Limited
BK:WHA 		90.2% ฿42.21 Billion
≈ $1.32 Billion 		฿4.12 Billion Thailand Mar 2026
23103 WHA Corporation Public Company Limited
BK:WHA-R 		90.2% ฿42.21 Billion
≈ $1.32 Billion 		฿4.12 Billion Thailand Mar 2026
23104 Ambarella Inc
NASDAQ:AMBA 		90.2% $594.79 Million $58.05 Million USA Jan 2026
23105 Shaanxi Heimao Coking Co Ltd
SHG:601015 		90.2% CN¥7.74 Billion
≈ $1.13 Billion 		CN¥755.81 Million China Jun 2025
23106 Datatec
JSE:DTC 		90.2% ZAC618.48 Million
≈ $328.69K 		ZAC60.40 Million South Africa Feb 2026
23107 Atalaya Mining Ltd
LSE:ATYM 		90.2% GBX767.96 Million
≈ $93.44K 		GBX74.99 Million UK Mar 2026
23108 Sinosteel Luonai Materials Technology Co. Ltd. A
SHG:688119 		90.2% CN¥2.88 Billion
≈ $421.81 Million 		CN¥281.50 Million China Mar 2026
23109 Versus Systems Inc
NASDAQ:VSSYW 		90.2% $4.27 Million $417.44K USA Sep 2025
23110 Intelicanna Ltd
TA:INTL 		90.2% ILA8.45 Billion
≈ $22.66 Million 		ILA826.03 Million Israel Sep 2023
23111 Biomerieux SA
PA:BIM 		90.2% €4.11 Billion
≈ $4.80 Billion 		€401.50 Million France Dec 2025
23112 Armada Hoffler Properties, Inc.
NYSE:AHRT 		90.2% $715.00 Million $69.95 Million USA Jun 2026
23113 Abrdn PLC
LSE:ABDN 		90.2% GBX5.10 Billion
≈ $620.52K 		GBX499.00 Million UK Jun 2025
23114 Wanda Cinema Line Corp
SHE:002739 		90.2% CN¥7.71 Billion
≈ $1.13 Billion 		CN¥754.62 Million China Mar 2026
23115 M&G Plc
LSE:MNG 		90.2% GBX3.19 Billion
≈ $387.89K 		GBX312.00 Million UK Dec 2025
23116 Shanghai Aiyingshi Co Ltd
SHG:603214 		90.2% CN¥1.25 Billion
≈ $183.34 Million 		CN¥122.62 Million China Mar 2026
23117 Brookfield Wealth Solutions Ltd.
NYSE:BNT 		90.2% $16.91 Billion $1.66 Billion USA Sep 2025
23118 Principal Financial Group Inc
NASDAQ:PFG 		90.2% $12.89 Billion $1.26 Billion USA Jun 2026
23119 Virtu Financial, Inc.
NASDAQ:VIRT 		90.2% $1.70 Billion $166.71 Million USA Sep 2025
23120 Shandong Mining Machinery Group Co Ltd
SHE:002526 		90.2% CN¥3.29 Billion
≈ $481.20 Million 		CN¥322.42 Million China Sep 2025
23121 Chorokbaem Healthcare Co Ltd
KO:118000 		90.2% ₩121.63 Billion
≈ $82.43 Million 		₩11.93 Billion Korea Mar 2026
23122 The GYM Group PLC
LSE:GYM 		90.2% GBX141.70 Million
≈ $17.24K 		GBX13.90 Million UK Dec 2025
23123 African Dawn Capital Ltd
JSE:ADW 		90.2% ZAC3.75 Million
≈ $1.99K 		ZAC368.00K South Africa May 2021
23124 DISCOVERY LTD(UNSP.ADR)/3
F:D3H0 		90.2% €73.44 Billion
≈ $85.86 Billion 		€7.21 Billion Germany Dec 2025
23125 Korea Parts & Fasteners Co.Ltd
KQ:024880 		90.2% ₩268.57 Billion
≈ $182.01 Million 		₩26.35 Billion Korea Sep 2025
23126 Electra Co Pr
TA:ECP 		90.2% ILA1.07 Billion
≈ $2.87 Million 		ILA105.00 Million Israel Mar 2026
23127 IFE Elevators Co Ltd
SHE:002774 		90.2% CN¥1.21 Billion
≈ $177.69 Million 		CN¥119.17 Million China Mar 2026
23128 Hays plc
LSE:HAS 		90.2% GBX466.70 Million
≈ $56.78K 		GBX45.80 Million UK Jun 2025
23129 Dr. Martens PLC
LSE:DOCS 		90.2% GBX329.10 Million
≈ $40.04K 		GBX32.30 Million UK Sep 2025
23130 North Media A/S
CO:NORTHM 		90.2% Dkr1.18 Billion
≈ $185.04 Million 		Dkr116.10 Million Denmark Sep 2025
23131 Mega Perintis Tbk PT
JK:ZONE 		90.2% Rp382.48 Billion
≈ $22.41 Million 		Rp37.55 Billion Indonesia Jun 2025
23132 GEM CO. LTD SP.GDR/10 A
F:3730 		90.2% €25.60 Billion
≈ $29.93 Billion 		€2.51 Billion Germany Mar 2026
23133 Sidetrade
PA:ALBFR 		90.2% €43.22 Million
≈ $50.53 Million 		€4.25 Million France Jun 2025
23134 Beijing Lier High Temperature Materials Co Ltd
SHE:002392 		90.2% CN¥5.91 Billion
≈ $865.54 Million 		CN¥581.14 Million China Sep 2025
23135 Recticel
BR:RECT 		90.2% €430.44 Million
≈ $503.23 Million 		€42.29 Million Belgium Dec 2025
23136 Ratos AB (publ)
ST:RATO-A 		90.2% Skr15.41 Billion
≈ $1.66 Billion 		Skr1.51 Billion Sweden Mar 2026
23137 Ucore Rare Metals Inc
V:UCU 		90.2% CA$71.16 Million
≈ $51.48 Million 		CA$6.99 Million Canada Dec 2025
23138 XORTX Therapeutics Inc
V:XRTX 		90.2% CA$1.97 Million
≈ $1.43 Million 		CA$194.00K Canada Sep 2025
23139 Realtek Semiconductor Corp
TW:2379 		90.2% NT$45.21 Billion
≈ $1.42 Billion 		NT$4.44 Billion Taiwan Mar 2026
23140 Econocom Group SA/NV
BR:ECONB 		90.2% €449.60 Million
≈ $525.63 Million 		€44.20 Million Belgium Jun 2025
23141 Shanghai Fenghwa Group Co Ltd
SHG:600615 		90.2% CN¥790.24 Million
≈ $115.64 Million 		CN¥77.70 Million China Mar 2026
23142 Linkage Software Co Ltd
SHG:688588 		90.2% CN¥1.23 Billion
≈ $179.74 Million 		CN¥120.80 Million China Mar 2026
23143 Lexibook Linguistic Electronic System SA
PA:ALLEX 		90.2% €30.65 Million
≈ $35.84 Million 		€3.02 Million France Mar 2026
23144 Vinyl Group Ltd
AU:VNL 		90.2% AU$18.07 Million
≈ $12.79 Million 		AU$1.78 Million Australia Jun 2025
23145 N.D. Rubber Public Company Limited
BK:NDR 		90.2% ฿982.88 Million
≈ $30.64 Million 		฿96.73 Million Thailand Dec 2025
23146 Guangdong Zhengye Technology Co Ltd
SHE:300410 		90.2% CN¥277.79 Million
≈ $40.65 Million 		CN¥27.34 Million China Mar 2026
23147 bioAffinity Technologies, Inc.
NASDAQ:BIAF 		90.2% $7.28 Million $716.81K USA Dec 2025
23148 National Grid PLC ADR
NYSE:NGG 		90.1% $37.22 Billion $3.67 Billion USA Sep 2025
23149 Addsino Co Ltd
SHE:000547 		90.1% CN¥4.49 Billion
≈ $657.23 Million 		CN¥442.96 Million China Mar 2026
23150 National Grid PLC
LSE:NG 		90.1% GBX39.33 Billion
≈ $4.79 Million 		GBX3.88 Billion UK Mar 2026
23151 Bumi Serpong Damai Tbk
JK:BSDE 		90.1% Rp50.74 Trillion
≈ $2.97 Billion 		Rp5.01 Trillion Indonesia Jun 2025
23152 Ningbo Kbe Electrical Technology Co
SHE:300863 		90.1% CN¥1.49 Billion
≈ $217.85 Million 		CN¥146.92 Million China Mar 2026
23153 Bahnhof AB Series B
ST:BAHN-B 		90.1% Skr536.34 Million
≈ $57.72 Million 		Skr52.94 Million Sweden Dec 2025
23154 BYD Electronic (International) Company Limited
F:4BY 		90.1% €32.84 Billion
≈ $38.40 Billion 		€3.24 Billion Germany Jun 2025
23155 ROUTE MOBILE LIMITED
NSE:ROUTE 		90.1% Rs28.22 Billion
≈ $305.15 Million 		Rs2.79 Billion India Mar 2026
23156 Celestica Inc.
TO:CLS 		90.1% CA$2.48 Billion
≈ $1.79 Billion 		CA$244.50 Million Canada Jun 2026
23157 Kidswant Children Products Co.Ltd.
SHE:301078 		90.1% CN¥4.38 Billion
≈ $641.41 Million 		CN¥433.06 Million China Jun 2025
23158 Azkoyen
MC:AZK 		90.1% €134.32 Million
≈ $157.04 Million 		€13.27 Million Spain Dec 2025
23159 Primarius Technologies Co. Ltd. A
SHG:688206 		90.1% CN¥2.04 Billion
≈ $298.63 Million 		CN¥201.77 Million China Jun 2025
23160 Guangzhou KDT Machinery Co Ltd
SHE:002833 		90.1% CN¥3.13 Billion
≈ $457.80 Million 		CN¥309.35 Million China Sep 2025
23161 PROSUS NV ADR/ 1/1
F:1YL 		90.1% €53.87 Billion
≈ $62.98 Billion 		€5.33 Billion Germany Mar 2026
23162 New Power Plasma Co.Ltd
KQ:144960 		90.1% ₩430.91 Billion
≈ $292.02 Million 		₩42.63 Billion Korea Sep 2025
23163 Currenc Group Inc. Ordinary Shares
NASDAQ:CURR 		90.1% $18.65 Million $1.85 Million USA Mar 2026
23164 Silla Sg Co. Ltd
KQ:025870 		90.1% ₩15.76 Billion
≈ $10.68 Million 		₩1.56 Billion Korea Sep 2025
23165 Vistry Group PLC
LSE:VTY 		90.1% GBX3.32 Billion
≈ $404.51K 		GBX329.20 Million UK Dec 2025
23166 Zhangjiagang Guangda Special Material Co Ltd
SHG:688186 		90.1% CN¥5.14 Billion
≈ $751.79 Million 		CN¥509.06 Million China Mar 2026
23167 Guangdong Wanlima Industry Co Ltd
SHE:300591 		90.1% CN¥188.99 Million
≈ $27.65 Million 		CN¥18.73 Million China Mar 2026
23168 Shanghai Shen Lian Biomedical Corp
SHG:688098 		90.1% CN¥1.40 Billion
≈ $204.37 Million 		CN¥138.40 Million China Mar 2026
23169 Shenzhen Chuangyitong Technology Co.Ltd.
SHE:300991 		90.1% CN¥641.96 Million
≈ $93.94 Million 		CN¥63.65 Million China Mar 2026
23170 Hanwha Corp Preferred
KO:00088K 		90.1% ₩46.07 Trillion
≈ $31.22 Billion 		₩4.57 Trillion Korea Sep 2025
23171 Hanwha
KO:000880 		90.1% ₩46.07 Trillion
≈ $31.22 Billion 		₩4.57 Trillion Korea Sep 2025
23172 FSN E-Commerce Ventures Limited
NSE:NYKAA 		90.1% Rs15.02 Billion
≈ $162.45 Million 		Rs1.49 Billion India Mar 2026
23173 Hangzhou Kelin Electric Co. Ltd. A
SHG:688611 		90.1% CN¥869.34 Million
≈ $127.21 Million 		CN¥86.26 Million China Sep 2025
23174 Tae Kyung Ind
KO:015890 		90.1% ₩581.93 Billion
≈ $394.36 Million 		₩57.75 Billion Korea Sep 2025
23175 Korean Air Lines Co Ltd
KO:003495 		90.1% ₩11.28 Trillion
≈ $7.64 Billion 		₩1.12 Trillion Korea Mar 2026
23176 Zhejiang Yaguang Technology Co. Ltd. A
SHG:603282 		90.1% CN¥1.26 Billion
≈ $184.82 Million 		CN¥125.50 Million China Jun 2025
23177 Guangdong Fuxin Technology Co. Ltd. A
SHG:688662 		90.1% CN¥759.13 Million
≈ $111.08 Million 		CN¥75.46 Million China Mar 2026
23178 Hangzhou Wensli Silk Culture Co. Ltd.
SHE:301066 		90.1% CN¥675.93 Million
≈ $98.91 Million 		CN¥67.19 Million China Jun 2025
23179 Zhejiang Hisoar Pharmaceutical Co Ltd
SHE:002099 		90.1% CN¥5.11 Billion
≈ $747.87 Million 		CN¥508.08 Million China Sep 2025
23180 Stanley Fertilizer Co Ltd
SHE:002588 		90.1% CN¥8.88 Billion
≈ $1.30 Billion 		CN¥883.04 Million China Mar 2026
23181 Motorcycle Holdings Ltd
AU:MTO 		90.1% AU$210.83 Million
≈ $149.18 Million 		AU$20.98 Million Australia Dec 2025
23182 Shaanxi Provincial Natural Gas Co Ltd
SHE:002267 		90.0% CN¥7.29 Billion
≈ $1.07 Billion 		CN¥725.62 Million China Mar 2026
23183 FRIWO AG
F:CEA 		90.0% €15.09 Million
≈ $17.64 Million 		€1.50 Million Germany Dec 2025
23184 Daimler Truck Holding AG
F:DTG 		90.0% €22.45 Billion
≈ $26.24 Billion 		€2.23 Billion Germany Mar 2026
23185 DAIMLER TRUCK SP.ADS/1/2
F:DTG1 		90.0% €22.45 Billion
≈ $26.24 Billion 		€2.23 Billion Germany Mar 2026
23186 Centrum Medyczne ENEL-MED SA
WAR:ENE 		90.0% zł186.69 Million
≈ $51.38 Million 		zł18.59 Million Poland Mar 2026
23187 1414 Degrees Ltd
AU:14D 		90.0% AU$4.14 Million
≈ $2.93 Million 		AU$412.45K Australia Dec 2025
23188 ASX LTD UNSPONS.ADR 1
F:AUX1 		90.0% €3.87 Billion
≈ $4.53 Billion 		€386.00 Million Germany Jun 2025
23189 Ratos AB (publ)
ST:RATO-B 		90.0% Skr15.44 Billion
≈ $1.66 Billion 		Skr1.54 Billion Sweden Dec 2025
23190 Shenzhen Gas Corp Ltd
SHG:601139 		90.0% CN¥19.56 Billion
≈ $2.86 Billion 		CN¥1.95 Billion China Mar 2026
23191 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
23192 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
23193 Soulbrain Co. Ltd
KQ:357780 		90.0% ₩1.10 Trillion
≈ $744.36 Million 		₩109.57 Billion Korea Sep 2025
23194 Xinxing Ductile Iron Pipes Co Ltd
SHE:000778 		90.0% CN¥29.12 Billion
≈ $4.26 Billion 		CN¥2.91 Billion China Mar 2026
23195 MKDWELL Tech Inc. Ordinary Share
NASDAQ:MKDW 		90.0% $4.89 Million $487.69K USA Mar 2026
23196 Danel (Adir Yeoshua) Ltd
TA:DANE 		90.0% ILA515.23 Million
≈ $1.38 Million 		ILA51.40 Million Israel Dec 2025
23197 Ooh!Media Ltd
AU:OML 		90.0% AU$732.54 Million
≈ $518.32 Million 		AU$73.09 Million Australia Dec 2025
23198 Moatable Inc
NYSE:MTBLY 		90.0% $32.29 Million $3.22 Million USA Sep 2025
23199 GalaxyCore Inc
SHG:688728 		90.0% CN¥7.87 Billion
≈ $1.15 Billion 		CN¥786.02 Million China Mar 2026
23200 Global Medical REIT Inc.
NYSE:GMRE 		90.0% $505.83 Million $50.53 Million USA Sep 2025