Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

89.6%
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
23201 Shanghai Jahwa United Co Ltd
SHG:600315 		89.7% CN¥7.07 Billion
≈ $1.03 Billion 		CN¥730.83 Million China Mar 2026
23202 Tessenderlo
BR:TESB 		89.7% €1.70 Billion
≈ $1.99 Billion 		€176.20 Million Belgium Dec 2025
23203 FIREBIRD METALS LTD
F:7Y2 		89.7% €12.64 Million
≈ $14.78 Million 		€1.31 Million Germany Jun 2024
23204 Alarm.com Holdings Inc
NASDAQ:ALRM 		89.7% $903.79 Million $93.42 Million USA Mar 2026
23205 Guangdong Tianhe Agricultural Means
SHE:002999 		89.7% CN¥1.73 Billion
≈ $252.66 Million 		CN¥178.54 Million China Mar 2026
23206 Butn Ltd
AU:BTN 		89.7% AU$12.14 Million
≈ $8.59 Million 		AU$1.26 Million Australia Jun 2025
23207 Xinjiang Winka Times Dept
SHG:603101 		89.7% CN¥1.44 Billion
≈ $210.24 Million 		CN¥148.61 Million China Mar 2026
23208 Semtech Corporation
NASDAQ:SMTC 		89.7% $573.28 Million $59.30 Million USA Apr 2026
23209 Frontier Digital Ventures Ltd
AU:FDV 		89.6% AU$123.47 Million
≈ $87.36 Million 		AU$12.78 Million Australia Jun 2025
23210 Grupo Elektra S.A.B. de C.V
MX:ELEKTRA 		89.6% MX$61.01 Billion
≈ $3.51 Billion 		MX$6.32 Billion Mexico Dec 2025
23211 Shanghai Welltech Automation Co Ltd
SHE:002058 		89.6% CN¥307.14 Million
≈ $44.94 Million 		CN¥31.80 Million China Sep 2025
23212 Shenzhen Senior Technology Material Co Ltd
SHE:300568 		89.6% CN¥10.06 Billion
≈ $1.47 Billion 		CN¥1.04 Billion China Sep 2025
23213 Multipolar Technology Tbk
JK:MLPT 		89.6% Rp761.19 Billion
≈ $44.60 Million 		Rp78.91 Billion Indonesia Sep 2025
23214 Bank Rakyat Indonesia Persero
JK:BBRI 		89.6% Rp322.07 Trillion
≈ $18.87 Billion 		Rp33.39 Trillion Indonesia Jun 2025
23215 Shanghai Hajime Advanced Material Technology Co. Ltd.
SHE:301000 		89.6% CN¥1.32 Billion
≈ $193.00 Million 		CN¥136.78 Million China Mar 2026
23216 Manulife Financial Corp
TO:MFC 		89.6% CA$52.49 Billion
≈ $37.97 Billion 		CA$5.45 Billion Canada Dec 2025
23217 SERESCO (ACC.P.DESD.)-16
F:XV7 		89.6% €11.42 Million
≈ $13.35 Million 		€1.19 Million Germany Dec 2024
23218 Hudson Pacific Properties Inc
NYSE:HPP 		89.6% $3.48 Billion $361.61 Million USA Sep 2025
23219 Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202 		89.6% CN¥1.22 Billion
≈ $177.85 Million 		CN¥126.25 Million China Mar 2026
23220 Anhui Great Wall Military Industry Co Ltd
SHG:601606 		89.6% CN¥2.19 Billion
≈ $320.79 Million 		CN¥227.72 Million China Mar 2026
23221 North Huajin Chemical Industries Co Ltd
SHE:000059 		89.6% CN¥10.44 Billion
≈ $1.53 Billion 		CN¥1.08 Billion China Mar 2026
23222 Chorokbaem Healthcare Co Ltd
KO:118000 		89.6% ₩120.98 Billion
≈ $81.99 Million 		₩12.57 Billion Korea Dec 2025
23223 Guangdong Fuxin Technology Co. Ltd. A
SHG:688662 		89.6% CN¥738.54 Million
≈ $108.07 Million 		CN¥76.78 Million China Sep 2025
23224 Vinte Viviendas Integrales S.A.B. de C.V
MX:VINTE 		89.6% MX$8.13 Billion
≈ $468.17 Million 		MX$845.71 Million Mexico Mar 2026
23225 Nanjing Hicin Pharmaceutical Co Ltd
SHE:300584 		89.6% CN¥1.12 Billion
≈ $163.33 Million 		CN¥116.05 Million China Mar 2026
23226 Pulike Biological Engineering
SHG:603566 		89.6% CN¥2.58 Billion
≈ $377.25 Million 		CN¥268.09 Million China Sep 2025
23227 Dahu Aquaculture Co Ltd
SHG:600257 		89.6% CN¥999.28 Million
≈ $146.23 Million 		CN¥103.92 Million China Mar 2026
23228 Plasto-Cargal Group Ltd
TA:PLCR 		89.6% ILA159.41 Million
≈ $427.36K 		ILA16.58 Million Israel Jun 2025
23229 RWE Aktiengesellschaft
F:RWEA 		89.6% €41.56 Billion
≈ $48.59 Billion 		€4.32 Billion Germany Dec 2025
23230 Jiangsu Xinning Modern Logist
SHE:300013 		89.6% CN¥219.51 Million
≈ $32.12 Million 		CN¥22.84 Million China Jun 2025
23231 Watts SA
SN:WATTS 		89.6% CL$294.00 Billion
≈ $328.80 Million 		CL$30.60 Billion Chile Mar 2026
23232 Oxurion NV
BR:OXUR 		89.6% €9.60 Million
≈ $11.22 Million 		€999.00K Belgium Jun 2021
23233 Titan Wind Energy Suzhou
SHE:002531 		89.6% CN¥10.09 Billion
≈ $1.48 Billion 		CN¥1.05 Billion China Sep 2025
23234 Marssenger Kitchenware Co. Ltd.
SHE:300894 		89.6% CN¥1.05 Billion
≈ $154.03 Million 		CN¥109.60 Million China Mar 2026
23235 Indosterling Technomedia Tbk
JK:TECH 		89.6% Rp64.47 Billion
≈ $3.78 Million 		Rp6.71 Billion Indonesia Mar 2023
23236 Spectral Med Inc
TO:EDT 		89.6% CA$2.15 Million
≈ $1.56 Million 		CA$224.00K Canada Mar 2022
23237 Beijing Water Business Doctor
SHE:300055 		89.6% CN¥5.27 Billion
≈ $771.74 Million 		CN¥549.25 Million China Mar 2026
23238 BANC.DE.SA.A ADR2/EO-125
F:BDS 		89.6% €14.08 Billion
≈ $16.46 Billion 		€1.47 Billion Germany Dec 2025
23239 CJ Korea Express
KO:000120 		89.6% ₩4.44 Trillion
≈ $3.01 Billion 		₩462.41 Billion Korea Dec 2025
23240 Shandong Jinjing Science and Technology Stock Co Ltd
SHG:600586 		89.6% CN¥5.06 Billion
≈ $740.38 Million 		CN¥527.01 Million China Mar 2026
23241 China Telecom Corp Ltd
SHG:601728 		89.6% CN¥465.23 Billion
≈ $68.08 Billion 		CN¥48.46 Billion China Sep 2025
23242 Ryan Specialty Group Holdings Inc
NYSE:RYAN 		89.6% $1.22 Billion $127.05 Million USA Mar 2026
23243 Xiamen Goldenhome Co Ltd
SHG:603180 		89.6% CN¥2.82 Billion
≈ $412.80 Million 		CN¥294.05 Million China Sep 2025
23244 Sichuan Dawn Precision Technology Co Ltd
SHE:300780 		89.6% CN¥1.02 Billion
≈ $149.66 Million 		CN¥106.62 Million China Mar 2026
23245 Shenzhen Capol International & Associates Co Ltd
SHE:002949 		89.6% CN¥1.62 Billion
≈ $237.75 Million 		CN¥169.39 Million China Sep 2025
23246 Hancom MDS Inc
KQ:086960 		89.6% ₩153.64 Billion
≈ $104.12 Million 		₩16.02 Billion Korea Mar 2026
23247 EUROKAI GmbH & Co. KGaA
F:EUK3 		89.6% €655.46 Million
≈ $766.30 Million 		€68.37 Million Germany Dec 2024
23248 Jiangsu Lopal Tech Co Ltd
SHG:603906 		89.6% CN¥3.83 Billion
≈ $560.10 Million 		CN¥399.33 Million China Sep 2025
23249 Hologic Inc
NASDAQ:HOLX 		89.6% $5.25 Billion $547.30 Million USA Dec 2025
23250 Power Metal Resources plc
LSE:POW 		89.6% GBX20.52 Million
≈ $2.50K 		GBX2.14 Million UK Sep 2024
23251 LiJiang YuLong Tourism Co Ltd
SHE:002033 		89.6% CN¥2.78 Billion
≈ $407.36 Million 		CN¥290.53 Million China Sep 2025
23252 Luyan Pharma Co Ltd
SHE:002788 		89.6% CN¥3.39 Billion
≈ $496.02 Million 		CN¥353.86 Million China Mar 2026
23253 Jointo Energy Investment Co Ltd Hebei
SHE:000600 		89.6% CN¥20.57 Billion
≈ $3.01 Billion 		CN¥2.15 Billion China Sep 2025
23254 YGSOFT Inc
SHE:002063 		89.6% CN¥3.92 Billion
≈ $573.86 Million 		CN¥409.43 Million China Sep 2025
23255 Henan Pinggao Electric Co Ltd
SHG:600312 		89.6% CN¥12.21 Billion
≈ $1.79 Billion 		CN¥1.28 Billion China Mar 2026
23256 Vietnam Export Import Commercial Joint Stock Bank
VN:EIB 		89.6% ₫26.01 Trillion
≈ $988.08 Million 		₫2.72 Trillion Vietnam Dec 2025
23257 Tongwei Co Ltd
SHG:600438 		89.6% CN¥48.19 Billion
≈ $7.05 Billion 		CN¥5.03 Billion China Mar 2026
23258 Zhanjiang Guolian Aquatic Products
SHE:300094 		89.6% CN¥1.16 Billion
≈ $170.03 Million 		CN¥121.35 Million China Sep 2025
23259 DHP Korea Co. Ltd
KQ:131030 		89.6% ₩150.47 Billion
≈ $101.97 Million 		₩15.72 Billion Korea Sep 2025
23260 Alicon Castalloy Limited
NSE:ALICON 		89.5% Rs6.16 Billion
≈ $66.59 Million 		Rs643.51 Million India Sep 2025
23261 Jiangsu Hengrui Medicine Co Ltd
SHG:600276 		89.5% CN¥60.03 Billion
≈ $8.78 Billion 		CN¥6.27 Billion China Sep 2025
23262 Callaway Golf Company
NYSE:CALY 		89.5% $2.12 Billion $222.10 Million USA Mar 2026
23263 Chongqing Three Gorges Water Conservancy and Electric Power Co Ltd
SHG:600116 		89.5% CN¥11.52 Billion
≈ $1.69 Billion 		CN¥1.20 Billion China Sep 2025
23264 PannErgy Nyrt.
F:PPL 		89.5% €11.73 Billion
≈ $13.71 Billion 		€1.23 Billion Germany Dec 2025
23265 Mahindra Holidays & Resorts India Limited
NSE:MHRIL 		89.5% Rs7.39 Billion
≈ $79.90 Million 		Rs772.97 Million India Sep 2025
23266 Burberry Group PLC
LSE:BRBY 		89.5% GBX946.00 Million
≈ $115.10K 		GBX99.00 Million UK Mar 2026
23267 Eugene Corporation
KQ:023410 		89.5% ₩1.05 Trillion
≈ $711.70 Million 		₩109.91 Billion Korea Dec 2025
23268 Cikarang Listrindo Tbk PT
JK:POWR 		89.5% Rp704.29 Million
≈ $41.27K 		Rp73.73 Million Indonesia Jun 2025
23269 Autoneum Holding AG
SW:AUTN 		89.5% CHF576.80 Million
≈ $729.23 Million 		CHF60.40 Million Switzerland Jun 2025
23270 ZW Data Action Technologies Inc
NASDAQ:CNET 		89.5% $4.37 Million $458.00K USA Mar 2026
23271 Zoy Home Furnishing Co Ltd
SHG:603709 		89.5% CN¥508.84 Million
≈ $74.46 Million 		CN¥53.31 Million China Mar 2026
23272 Mudanjiang Hengfeng Paper Co Ltd
SHG:600356 		89.5% CN¥3.16 Billion
≈ $462.46 Million 		CN¥331.23 Million China Mar 2026
23273 Shagrir Group Vehicle Services Ltd
TA:SHGR 		89.5% ILA181.40 Million
≈ $486.32K 		ILA19.02 Million Israel Sep 2025
23274 Shanghai Ace Invest&Dvlp Co
SHG:603329 		89.5% CN¥1.19 Billion
≈ $173.47 Million 		CN¥124.33 Million China Jun 2025
23275 PRI EKOPARK SA ZY -10
F:NPA 		89.5% €5.86 Million
≈ $6.85 Million 		€614.32K Germany Dec 2025
23276 Attendo AB (publ)
ST:ATT 		89.5% Skr5.45 Billion
≈ $586.83 Million 		Skr572.00 Million Sweden Mar 2026
23277 Shanghai Beite Technology Co
SHG:603009 		89.5% CN¥2.14 Billion
≈ $313.56 Million 		CN¥224.80 Million China Mar 2026
23278 Jinneng Holding Shanxi Coal Industry Co Ltd
SHG:601001 		89.5% CN¥28.23 Billion
≈ $4.13 Billion 		CN¥2.96 Billion China Mar 2026
23279 Luoniushan Co Ltd
SHE:000735 		89.5% CN¥4.60 Billion
≈ $672.94 Million 		CN¥482.61 Million China Mar 2026
23280 PNC Process Systems Co Ltd
SHG:603690 		89.5% CN¥5.20 Billion
≈ $760.42 Million 		CN¥545.70 Million China Sep 2025
23281 Mytilineos S.A
AT:MYTIL 		89.5% €3.24 Billion
≈ $3.79 Billion 		€340.39 Million Greece Jun 2025
23282 Dev Information Technology Limited
NSE:DEVIT 		89.5% Rs1.29 Billion
≈ $13.96 Million 		Rs135.68 Million India Sep 2025
23283 Befar Group Co Ltd
SHG:601678 		89.5% CN¥12.33 Billion
≈ $1.80 Billion 		CN¥1.30 Billion China Mar 2026
23284 Il Dong Pharmaceutical Co Ltd
KO:249420 		89.5% ₩226.84 Billion
≈ $153.72 Million 		₩23.85 Billion Korea Sep 2025
23285 UMICORE S.A UNSP.ADR 1/4
F:NVJ 		89.5% €2.27 Billion
≈ $2.66 Billion 		€238.86 Million Germany Dec 2025
23286 Qingdao Haier Co Ltd
SHG:600690 		89.5% CN¥134.79 Billion
≈ $19.72 Billion 		CN¥14.19 Billion China Mar 2026
23287 HAIER SM.HME UNSP.ADR/4
F:HAI0 		89.5% €134.79 Billion
≈ $157.59 Billion 		€14.19 Billion Germany Mar 2026
23288 Haier Smart Home Co Ltd
F:690D 		89.5% €134.79 Billion
≈ $157.59 Billion 		€14.19 Billion Germany Mar 2026
23289 Telling Telecommunication Holding Co Ltd
SHE:000829 		89.5% CN¥3.04 Billion
≈ $444.16 Million 		CN¥319.87 Million China Mar 2026
23290 Grupo Profuturo S.A.B. de C.V
MX:GPROFUT 		89.5% MX$15.00 Billion
≈ $863.26 Million 		MX$1.58 Billion Mexico Dec 2025
23291 DIRTT Environmental Solutions Ltd.
TO:DRT 		89.5% CA$28.48 Million
≈ $20.60 Million 		CA$3.00 Million Canada Dec 2025
23292 OrganiGram Holdings Inc
TO:OGI 		89.5% CA$371.81 Million
≈ $268.96 Million 		CA$39.22 Million Canada Mar 2026
23293 Shiyan Taixiang Industry Co. Ltd. A
SHE:301192 		89.4% CN¥654.58 Million
≈ $95.79 Million 		CN¥69.06 Million China Mar 2026
23294 Banco Santander Río S.A
BA:BRIO 		89.4% AR$4.30 Trillion
≈ $3.11 Billion 		AR$453.92 Billion Argentina Sep 2025
23295 Banco Santander Río S.A
BA:BRIO6 		89.4% AR$4.30 Trillion
≈ $3.11 Billion 		AR$453.92 Billion Argentina Sep 2025
23296 BREVILLE GROUP LTD
F:HDE 		89.4% €973.71 Million
≈ $1.14 Billion 		€102.80 Million Germany Jun 2025
23297 Sany Heavy Equipment International Holdings Company Limited
F:YXS 		89.4% €13.17 Billion
≈ $15.40 Billion 		€1.39 Billion Germany Dec 2025
23298 LPP S.A.
WAR:LPP 		89.4% zł4.89 Billion
≈ $1.35 Billion 		zł517.00 Million Poland Oct 2025
23299 Ryukil C&S Ltd
KQ:191410 		89.4% ₩28.87 Billion
≈ $19.56 Million 		₩3.05 Billion Korea Sep 2025
23300 Rocket Pharmaceuticals Inc
NASDAQ:RCKT 		89.4% $238.04 Million $25.15 Million USA Mar 2026