Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

89.8%
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
23101 Xaar plc
LSE:XAR 		89.9% GBX56.28 Million
≈ $6.85K 		GBX5.68 Million UK Dec 2025
23102 Sailun Jinyu Group Co Ltd
SHG:601058 		89.9% CN¥22.79 Billion
≈ $3.34 Billion 		CN¥2.30 Billion China Sep 2025
23103 Hangzhou MDK Opto Electronic Corp. Ltd. A
SHG:688079 		89.9% CN¥1.34 Billion
≈ $196.37 Million 		CN¥135.42 Million China Sep 2025
23104 PicoCELA Inc. American Depositary Shares
NASDAQ:PCLA 		89.9% $475.80 Million $48.04 Million USA Dec 2025
23105 Shandong Yuma Sun-shading Technology Corp. Ltd.
SHE:300993 		89.9% CN¥1.53 Billion
≈ $223.74 Million 		CN¥154.39 Million China Sep 2025
23106 Ambea AB
ST:AMBEA 		89.9% Skr5.17 Billion
≈ $555.94 Million 		Skr522.00 Million Sweden Mar 2026
23107 Mittal Life Style Limited
NSE:MITTAL 		89.9% Rs638.52 Million
≈ $6.91 Million 		Rs64.53 Million India Sep 2025
23108 Zhuzhou Smelter Group Co Ltd
SHG:600961 		89.9% CN¥5.99 Billion
≈ $876.35 Million 		CN¥605.40 Million China Mar 2026
23109 Vow Green Metals AS
OL:VGM 		89.9% Nkr187.99 Million
≈ $19.78 Million 		Nkr19.01 Million Norway Dec 2024
23110 Ayo Technology Solutions Ltd
JSE:AYO 		89.9% ZAC491.22 Million
≈ $261.06K 		ZAC49.73 Million South Africa Feb 2025
23111 Coinbase Global Inc
NASDAQ:COIN 		89.9% $13.48 Billion $1.36 Billion USA Mar 2026
23112 Jiangsu Leadmicro Nano Technology Co. Ltd. A
SHG:688147 		89.9% CN¥2.82 Billion
≈ $412.61 Million 		CN¥285.63 Million China Jun 2025
23113 Hunan Warrant Pharmaceutical Co. Ltd. A
SHG:688799 		89.9% CN¥1.86 Billion
≈ $271.91 Million 		CN¥188.23 Million China Jun 2025
23114 MNtech Co. Ltd
KQ:095500 		89.9% ₩323.53 Billion
≈ $219.25 Million 		₩32.78 Billion Korea Sep 2025
23115 Aktia Bank Abp
HE:AKTIA 		89.9% €646.20 Million
≈ $755.48 Million 		€65.50 Million Finland Dec 2025
23116 Race Oncology Ltd
AU:RAC 		89.9% AU$23.57 Million
≈ $16.68 Million 		AU$2.39 Million Australia Dec 2025
23117 Haci Omer Sabanci Holding AS
IS:SAHOL 		89.9% TL565.43 Billion
≈ $12.66 Billion 		TL57.34 Billion Turkey Sep 2025
23118 Chenguang Biotech Group
SHE:300138 		89.9% CN¥3.39 Billion
≈ $495.67 Million 		CN¥343.57 Million China Sep 2025
23119 Story-I Ltd
AU:SRY 		89.8% AU$10.04 Million
≈ $7.10 Million 		AU$1.02 Million Australia Dec 2022
23120 LG HelloVision Corp
KO:037560 		89.8% ₩457.12 Billion
≈ $309.78 Million 		₩46.42 Billion Korea Sep 2025
23121 Ventia Services Group Ltd
AU:VNT 		89.8% AU$561.10 Million
≈ $397.01 Million 		AU$57.00 Million Australia Dec 2025
23122 Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427 		89.8% CN¥946.86 Million
≈ $138.55 Million 		CN¥96.23 Million China Mar 2026
23123 Dianguang Explosion-proof Technology Co Ltd
SHE:002730 		89.8% CN¥1.73 Billion
≈ $252.71 Million 		CN¥175.54 Million China Mar 2026
23124 BIORETEC OY
F:0TN 		89.8% €9.76 Million
≈ $11.41 Million 		€992.36K Germany Dec 2025
23125 Bytes Technology Ltd
LSE:BYIT 		89.8% GBX77.42 Million
≈ $9.42K 		GBX7.88 Million UK Aug 2025
23126 Zhejiang Shengyang Science
SHG:603703 		89.8% CN¥867.05 Million
≈ $126.88 Million 		CN¥88.21 Million China Mar 2026
23127 BINEX Co. Ltd
KQ:053030 		89.8% ₩187.21 Billion
≈ $126.87 Million 		₩19.05 Billion Korea Sep 2025
23128 Zhejiang Yinlun Machinery Co Ltd
SHE:002126 		89.8% CN¥7.72 Billion
≈ $1.13 Billion 		CN¥786.37 Million China Sep 2025
23129 MetaLabs Co Ltd
KO:090370 		89.8% ₩148.66 Billion
≈ $100.75 Million 		₩15.14 Billion Korea Sep 2025
23130 Uni-President China Holdings Ltd
F:58U 		89.8% €13.60 Billion
≈ $15.90 Billion 		€1.39 Billion Germany Dec 2025
23131 Beijing Hualian Hypermarket Co Ltd
SHG:600361 		89.8% CN¥11.54 Billion
≈ $1.69 Billion 		CN¥1.18 Billion China Mar 2026
23132 Jiangsu Huachen Transformer
SHG:603097 		89.8% CN¥1.12 Billion
≈ $163.46 Million 		CN¥113.87 Million China Jun 2025
23133 Games Operators SA
WAR:GOP 		89.8% zł28.89 Million
≈ $7.95 Million 		zł2.94 Million Poland Mar 2026
23134 Hainan Honz Pharmaceutical Co
SHE:300086 		89.8% CN¥909.06 Million
≈ $133.02 Million 		CN¥92.68 Million China Mar 2026
23135 Yoshiharu Global Co.
NASDAQ:YOSH 		89.8% $4.69 Million $477.95K USA Jun 2025
23136 Vestand Inc.
NASDAQ:VSTD 		89.8% $4.69 Million $477.95K USA Jun 2025
23137 Ashoka Buildcon Limited
NSE:ASHOKA 		89.8% Rs65.76 Billion
≈ $711.18 Million 		Rs6.71 Billion India Mar 2026
23138 Anhui Honglu Steel Construction Group Co Ltd
SHE:002541 		89.8% CN¥10.13 Billion
≈ $1.48 Billion 		CN¥1.03 Billion China Mar 2026
23139 Antalpha Platform Holding Co
NASDAQ:ANTA 		89.8% $212.10 Million $21.65 Million USA Mar 2026
23140 Smartoptics Group AS
OL:SMOP 		89.8% Nkr26.39 Million
≈ $2.78 Million 		Nkr2.69 Million Norway Jun 2025
23141 Vidrala SA
MC:VID 		89.8% €1.41 Billion
≈ $1.65 Billion 		€144.28 Million Spain Dec 2025
23142 Healius Ltd
AU:HLS 		89.8% AU$557.10 Million
≈ $394.18 Million 		AU$56.90 Million Australia Dec 2025
23143 Hirequest Inc
NASDAQ:HQI 		89.8% $68.32 Million $6.98 Million USA Dec 2025
23144 Shandong Sito Bio-technology Co Ltd
SHE:300583 		89.8% CN¥1.80 Billion
≈ $263.58 Million 		CN¥184.02 Million China Sep 2025
23145 Genexine Inc
KQ:095700 		89.8% ₩260.01 Billion
≈ $176.21 Million 		₩26.56 Billion Korea Sep 2025
23146 MaxLinear Inc
NASDAQ:MXL 		89.8% $454.19 Million $46.41 Million USA Mar 2026
23147 Tangrenshen Group Co Ltd
SHE:002567 		89.8% CN¥5.09 Billion
≈ $745.39 Million 		CN¥520.69 Million China Mar 2026
23148 Ningbo Sinyuan ZM Technology Co. Ltd. A
SHE:301398 		89.8% CN¥1.12 Billion
≈ $163.35 Million 		CN¥114.13 Million China Mar 2026
23149 Shandong Xinhua Pharmaceutical Company Limited
F:XIN 		89.8% €5.60 Billion
≈ $6.54 Billion 		€572.14 Million Germany Mar 2026
23150 RLI Corp
NYSE:RLI 		89.8% $1.80 Billion $183.69 Million USA Mar 2026
23151 Castelbajac Co. Ltd
KQ:308100 		89.8% ₩66.20 Billion
≈ $44.86 Million 		₩6.77 Billion Korea Sep 2025
23152 Teraplast Bist
RO:TRP 		89.8% RON434.49 Million
≈ $99.77 Million 		RON44.43 Million Romania Dec 2025
23153 CareDx Inc
NASDAQ:CDNA 		89.8% $313.54 Million $32.10 Million USA Mar 2026
23154 Sao Ta Foods JSC
VN:FMC 		89.8% ₫2.67 Trillion
≈ $101.27 Million 		₫272.94 Billion Vietnam Mar 2026
23155 DWS Group GmbH & Co. KGaA
XETRA:DWS 		89.8% €7.48 Billion
≈ $8.74 Billion 		€766.00 Million Germany Dec 2025
23156 Chen Ke Ming Food Manufacturing Co Ltd
SHE:002661 		89.8% CN¥2.68 Billion
≈ $391.88 Million 		CN¥274.30 Million China Sep 2025
23157 Shandong Xinhua Pharmaceutical Co Ltd
SHE:000756 		89.8% CN¥5.36 Billion
≈ $785.07 Million 		CN¥549.65 Million China Jun 2025
23158 Nelly Group AB
ST:NELLY 		89.8% Skr411.90 Million
≈ $44.33 Million 		Skr42.20 Million Sweden Mar 2026
23159 Shanghai Moons' Elec Co Ltd
SHG:603728 		89.7% CN¥2.97 Billion
≈ $435.28 Million 		CN¥304.99 Million China Sep 2025
23160 Beijing Thunisoft Co Ltd
SHE:300271 		89.7% CN¥3.63 Billion
≈ $531.66 Million 		CN¥372.57 Million China Mar 2026
23161 Shandong Longquan Pipeline Engineering Co Ltd
SHE:002671 		89.7% CN¥1.68 Billion
≈ $246.08 Million 		CN¥172.48 Million China Mar 2026
23162 Aclarion Inc
NASDAQ:ACON 		89.7% $12.50 Million $1.28 Million USA Sep 2025
23163 Enjoyor
SHE:300020 		89.7% CN¥2.70 Billion
≈ $394.56 Million 		CN¥276.63 Million China Sep 2025
23164 Woori Technology Inc
KQ:032820 		89.7% ₩135.66 Billion
≈ $91.93 Million 		₩13.92 Billion Korea Sep 2025
23165 PanGen Biotech Inc
KQ:222110 		89.7% ₩30.03 Billion
≈ $20.35 Million 		₩3.08 Billion Korea Sep 2025
23166 5N Plus Inc.
TO:VNP 		89.7% CA$216.95 Million
≈ $156.94 Million 		CA$22.27 Million Canada Mar 2026
23167 Chien Shing Harbour Service Co Ltd
TW:8367 		89.7% NT$4.61 Billion
≈ $145.30 Million 		NT$473.47 Million Taiwan Mar 2026
23168 Af Legal Group Ltd
AU:AFL 		89.7% AU$9.81 Million
≈ $6.94 Million 		AU$1.01 Million Australia Jun 2025
23169 Huntsman Corporation
NYSE:HUN 		89.7% $2.90 Billion $298.00 Million USA Mar 2026
23170 Sims Ltd
AU:SGM 		89.7% AU$2.50 Billion
≈ $1.77 Billion 		AU$256.50 Million Australia Dec 2025
23171 Rex Trueform Group Ltd
JSE:RTO 		89.7% ZAC547.96 Million
≈ $291.21K 		ZAC56.27 Million South Africa Dec 2025
23172 Principal Financial Group Inc
NASDAQ:PFG 		89.7% $12.39 Billion $1.27 Billion USA Mar 2026
23173 Eurocrane China Co Ltd
SHG:603966 		89.7% CN¥2.03 Billion
≈ $297.63 Million 		CN¥208.91 Million China Sep 2025
23174 YEAH1 Group Corp
VN:YEG 		89.7% ₫2.12 Trillion
≈ $80.58 Million 		₫217.88 Billion Vietnam Dec 2025
23175 Brunel International NV
AS:BRNL 		89.7% €270.04 Million
≈ $315.71 Million 		€27.74 Million Netherlands Dec 2025
23176 Bastide Le Confort Médical SA
PA:BLC 		89.7% €102.44 Million
≈ $119.76 Million 		€10.53 Million France Dec 2025
23177 Hichain Logistics Co Ltd
SHE:300873 		89.7% CN¥3.33 Billion
≈ $487.27 Million 		CN¥342.34 Million China Jun 2025
23178 SIMFABRIC SA ZY-10
F:853 		89.7% €22.07 Million
≈ $25.80 Million 		€2.27 Million Germany Sep 2025
23179 Blink Charging Co
NASDAQ:BLNK 		89.7% $64.49 Million $6.63 Million USA Dec 2025
23180 Rusta AB (publ)
ST:RUSTA 		89.7% Skr2.17 Billion
≈ $233.20 Million 		Skr223.00 Million Sweden Apr 2026
23181 Korean Air Lines Co
KO:003490 		89.7% ₩11.27 Trillion
≈ $7.64 Billion 		₩1.16 Trillion Korea Sep 2025
23182 China Yangtze Power Co Ltd
SHG:600900 		89.7% CN¥239.82 Billion
≈ $35.09 Billion 		CN¥24.68 Billion China Mar 2026
23183 CN YANGT.PWR GDR REG S/A
F:CYZB 		89.7% €239.82 Billion
≈ $280.37 Billion 		€24.68 Billion Germany Mar 2026
23184 Greenwing Resources Ltd
AU:GW1 		89.7% AU$21.69 Million
≈ $15.35 Million 		AU$2.23 Million Australia Jun 2025
23185 Mapfre
MC:MAP 		89.7% €10.51 Billion
≈ $12.29 Billion 		€1.08 Billion Spain Dec 2025
23186 MAPFRE S.A.ADR 2 / EO-10
F:CMA 		89.7% €10.51 Billion
≈ $12.29 Billion 		€1.08 Billion Germany Dec 2025
23187 Electra Co Pr
TA:ECP 		89.7% ILA1.06 Billion
≈ $2.84 Million 		ILA109.00 Million Israel Dec 2025
23188 Nam Kim Steel JSC
VN:NKG 		89.7% ₫7.64 Trillion
≈ $290.10 Million 		₫787.69 Billion Vietnam Dec 2025
23189 Lens Technology Co Ltd
SHE:300433 		89.7% CN¥48.00 Billion
≈ $7.02 Billion 		CN¥4.95 Billion China Jun 2025
23190 Xinfengming Group Co Ltd
SHG:603225 		89.7% CN¥21.08 Billion
≈ $3.09 Billion 		CN¥2.18 Billion China Mar 2026
23191 Flying Technology Co Ltd
SHG:603488 		89.7% CN¥881.60 Million
≈ $129.01 Million 		CN¥91.00 Million China Mar 2026
23192 China Coal Xinji Energy Co Ltd
SHG:601918 		89.7% CN¥18.87 Billion
≈ $2.76 Billion 		CN¥1.95 Billion China Sep 2025
23193 Shandong Dawn Polymer Co Ltd
SHE:002838 		89.7% CN¥4.10 Billion
≈ $600.33 Million 		CN¥423.54 Million China Mar 2026
23194 Shenzhen Dynanonic Co Ltd
SHE:300769 		89.7% CN¥6.33 Billion
≈ $926.15 Million 		CN¥653.45 Million China Mar 2026
23195 T&R Biofab Co. Ltd
KQ:246710 		89.7% ₩11.31 Billion
≈ $7.66 Million 		₩1.17 Billion Korea Sep 2025
23196 Zhejiang Yonghe Refrigerant Co Ltd
SHG:605020 		89.7% CN¥5.94 Billion
≈ $868.90 Million 		CN¥613.11 Million China Mar 2026
23197 Rougier S.A.
PA:ALRGR 		89.7% €23.74 Million
≈ $27.75 Million 		€2.45 Million France Jun 2025
23198 Qingdao Richmat Intelligence Technology Co. Ltd. A
SHE:301320 		89.7% CN¥1.05 Billion
≈ $153.56 Million 		CN¥108.43 Million China Jun 2025
23199 Cake Box Holdings PLC
LSE:CBOX 		89.7% GBX25.87 Million
≈ $3.15K 		GBX2.67 Million UK Sep 2025
23200 Beijing Shougang Co Ltd
SHE:000959 		89.7% CN¥55.41 Billion
≈ $8.11 Billion 		CN¥5.73 Billion China Sep 2025