Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
89.9%
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.
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 |
Wetown Electric Group Co Ltd
SHG:688226 |
90.0% |
CN¥1.85 Billion
≈ $270.47 Million |
CN¥184.67 Million | China | Mar 2026 |
| 23202 |
Card Factory PLC
LSE:CARD |
90.0% |
GBX339.20 Million
≈ $41.27K |
GBX33.90 Million | UK | Jul 2025 |
| 23203 |
Grupo Profuturo S.A.B. de C.V
MX:GPROFUT |
90.0% |
MX$15.01 Billion
≈ $863.73 Million |
MX$1.50 Billion | Mexico | Jun 2026 |
| 23204 |
Tecogen Inc.
NYSE:TGEN |
90.0% | $21.47 Million | $2.15 Million | USA | Dec 2025 |
| 23205 |
Beijing Tianyishangjia New Material Corp Ltd
SHG:688033 |
90.0% |
CN¥1.37 Billion
≈ $200.92 Million |
CN¥137.30 Million | China | Mar 2026 |
| 23206 |
Miracle Automation Engineering
SHE:002009 |
90.0% |
CN¥2.04 Billion
≈ $298.74 Million |
CN¥204.19 Million | China | Mar 2026 |
| 23207 |
2CRSI S.A.
PA:AL2SI |
90.0% |
€38.60 Million
≈ $45.13 Million |
€3.86 Million | France | Nov 2025 |
| 23208 |
BK OF IREL.UNSP.ADR/1 EO1
F:BIRB |
90.0% |
€12.92 Billion
≈ $15.10 Billion |
€1.29 Billion | Germany | Dec 2025 |
| 23209 |
DarkIris Inc. Class A Ordinary Shares
NASDAQ:DKI |
90.0% | $6.78 Million | $679.13K | USA | Sep 2025 |
| 23210 |
Zhejiang Mtcn Technology Co Ltd
SHE:003026 |
90.0% |
CN¥681.24 Million
≈ $99.69 Million |
CN¥68.22 Million | China | Mar 2026 |
| 23211 |
INFOM
KLSE:0265 |
90.0% |
RM162.17 Million
≈ $40.72 Million |
RM16.24 Million | Malaysia | May 2026 |
| 23212 |
Tederic Machinery Co Ltd
SHG:603289 |
90.0% |
CN¥1.50 Billion
≈ $219.20 Million |
CN¥150.02 Million | China | Mar 2026 |
| 23213 |
Union Auction Public Company Limited
BK:AUCT |
90.0% |
฿501.71 Million
≈ $15.64 Million |
฿50.27 Million | Thailand | Dec 2025 |
| 23214 |
Unique Mining Services Public Company Limited
BK:UMS |
90.0% |
฿973.81 Million
≈ $30.35 Million |
฿97.58 Million | Thailand | Jun 2025 |
| 23215 |
Aurora Mobile Ltd
NASDAQ:JG |
90.0% | $99.49 Million | $9.97 Million | USA | Dec 2025 |
| 23216 |
Boku Inc
LSE:BOKU |
90.0% |
GBX153.26 Million
≈ $18.65K |
GBX15.37 Million | UK | Dec 2025 |
| 23217 |
BOKU INC. REG S DL-0001
F:B04 |
90.0% |
€153.21 Million
≈ $179.12 Million |
€15.36 Million | Germany | Dec 2025 |
| 23218 |
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154 |
90.0% |
CN¥4.98 Billion
≈ $729.22 Million |
CN¥500.01 Million | China | Mar 2026 |
| 23219 |
Dropbox Inc
NASDAQ:DBX |
90.0% | $333.80 Million | $33.50 Million | USA | Dec 2020 |
| 23220 |
Ai-Media Technologies Ltd
AU:AIM |
90.0% |
AU$71.28 Million
≈ $50.43 Million |
AU$7.15 Million | Australia | Dec 2025 |
| 23221 |
Zhejiang Dilong New Material Co Ltd
SHE:002247 |
90.0% |
CN¥669.17 Million
≈ $97.92 Million |
CN¥67.17 Million | China | Sep 2025 |
| 23222 |
Materion Corporation
NYSE:MTRN |
90.0% | $994.87 Million | $99.89 Million | USA | Jun 2026 |
| 23223 |
NH Special Purpose Acquisition 21 Co. Ltd.
KQ:391710 |
90.0% |
₩24.58 Billion
≈ $16.66 Million |
₩2.47 Billion | Korea | Mar 2026 |
| 23224 |
Canopy Growth Corp
NASDAQ:CGC |
90.0% | $758.17 Million | $76.17 Million | USA | Dec 2025 |
| 23225 |
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 |
| 23226 |
P.C.B Tec
TA:PCBT |
89.9% |
ILA94.61 Million
≈ $253.65K |
ILA9.51 Million | Israel | Mar 2026 |
| 23227 |
VeriSign Inc
NASDAQ:VRSN |
89.9% | $545.33 Million | $54.82 Million | USA | Mar 2011 |
| 23228 |
Mister Car Wash, Inc. Common Stock
NYSE:MCW |
89.9% | $1.11 Billion | $111.12 Million | USA | Sep 2025 |
| 23229 |
Xinjiang Winka Times Dept
SHG:603101 |
89.9% |
CN¥1.47 Billion
≈ $215.40 Million |
CN¥148.02 Million | China | Jun 2026 |
| 23230 |
Jourdeness Group Ltd
TW:4190 |
89.9% |
NT$1.64 Billion
≈ $51.53 Million |
NT$164.55 Million | Taiwan | Dec 2025 |
| 23231 |
Tellhow Sci-Tech Co Ltd
SHG:600590 |
89.9% |
CN¥4.33 Billion
≈ $632.96 Million |
CN¥435.17 Million | China | Mar 2026 |
| 23232 |
MYR Group Inc
NASDAQ:MYRG |
89.9% | $702.82 Million | $70.74 Million | USA | Mar 2026 |
| 23233 |
Innocean Worldwide Inc
KO:214320 |
89.9% |
₩1.09 Trillion
≈ $740.94 Million |
₩110.05 Billion | Korea | Dec 2025 |
| 23234 |
H&E Equipment Services Inc
NASDAQ:HEES |
89.9% | $603.88 Million | $60.81 Million | USA | Mar 2025 |
| 23235 |
Guangdong Guangzhou Daily Media Co Ltd
SHE:002181 |
89.9% |
CN¥4.31 Billion
≈ $630.16 Million |
CN¥433.69 Million | China | Mar 2026 |
| 23236 |
Delta Israel Brands Ltd
TA:DLTI |
89.9% |
ILA528.61 Million
≈ $1.42 Million |
ILA53.27 Million | Israel | Dec 2025 |
| 23237 |
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 |
| 23238 |
Shaanxi Meibang Pharmaceutical Group Co Ltd
SHG:605033 |
89.9% |
CN¥1.15 Billion
≈ $167.89 Million |
CN¥115.68 Million | China | Sep 2025 |
| 23239 |
Coinbase Global Inc
NASDAQ:COIN |
89.9% | $13.08 Billion | $1.32 Billion | USA | Jun 2026 |
| 23240 |
RTL Group SA
LSE:0MNC |
89.9% |
€4.07 Billion
≈ $4.75 Billion |
€410.00 Million | UK | Jun 2021 |
| 23241 |
Xaar plc
LSE:XAR |
89.9% |
GBX56.28 Million
≈ $6.85K |
GBX5.68 Million | UK | Dec 2025 |
| 23242 |
Sailun Jinyu Group Co Ltd
SHG:601058 |
89.9% |
CN¥22.79 Billion
≈ $3.34 Billion |
CN¥2.30 Billion | China | Sep 2025 |
| 23243 |
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 |
| 23244 |
PicoCELA Inc. American Depositary Shares
NASDAQ:PCLA |
89.9% | $475.80 Million | $48.04 Million | USA | Dec 2025 |
| 23245 |
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 |
| 23246 |
Music Broadcast Limited
NSE:RADIOCITY |
89.9% |
Rs4.45 Billion
≈ $48.16 Million |
Rs449.84 Million | India | Mar 2026 |
| 23247 |
Ambea AB
ST:AMBEA |
89.9% |
Skr5.17 Billion
≈ $555.94 Million |
Skr522.00 Million | Sweden | Mar 2026 |
| 23248 |
Mittal Life Style Limited
NSE:MITTAL |
89.9% |
Rs638.52 Million
≈ $6.91 Million |
Rs64.53 Million | India | Sep 2025 |
| 23249 |
Zhuzhou Smelter Group Co Ltd
SHG:600961 |
89.9% |
CN¥5.99 Billion
≈ $876.35 Million |
CN¥605.40 Million | China | Mar 2026 |
| 23250 |
Vow Green Metals AS
OL:VGM |
89.9% |
Nkr187.99 Million
≈ $19.78 Million |
Nkr19.01 Million | Norway | Dec 2024 |
| 23251 |
Ambra SA
WAR:AMB |
89.9% |
zł535.24 Million
≈ $147.30 Million |
zł54.19 Million | Poland | Mar 2026 |
| 23252 |
Ayo Technology Solutions Ltd
JSE:AYO |
89.9% |
ZAC491.22 Million
≈ $261.06K |
ZAC49.73 Million | South Africa | Feb 2025 |
| 23253 |
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 |
| 23254 |
Hunan Warrant Pharmaceutical Co. Ltd. A
SHG:688799 |
89.9% |
CN¥1.86 Billion
≈ $271.91 Million |
CN¥188.23 Million | China | Jun 2025 |
| 23255 |
MNtech Co. Ltd
KQ:095500 |
89.9% |
₩323.53 Billion
≈ $219.25 Million |
₩32.78 Billion | Korea | Sep 2025 |
| 23256 |
Aktia Bank Abp
HE:AKTIA |
89.9% |
€646.20 Million
≈ $755.48 Million |
€65.50 Million | Finland | Dec 2025 |
| 23257 |
Race Oncology Ltd
AU:RAC |
89.9% |
AU$23.57 Million
≈ $16.68 Million |
AU$2.39 Million | Australia | Dec 2025 |
| 23258 |
Chenguang Biotech Group
SHE:300138 |
89.9% |
CN¥3.39 Billion
≈ $495.67 Million |
CN¥343.57 Million | China | Sep 2025 |
| 23259 |
Shandong Sito Bio-technology Co Ltd
SHE:300583 |
89.9% |
CN¥1.80 Billion
≈ $263.58 Million |
CN¥182.74 Million | China | Mar 2026 |
| 23260 |
Story-I Ltd
AU:SRY |
89.8% |
AU$10.04 Million
≈ $7.10 Million |
AU$1.02 Million | Australia | Dec 2022 |
| 23261 |
LG HelloVision Corp
KO:037560 |
89.8% |
₩457.12 Billion
≈ $309.78 Million |
₩46.42 Billion | Korea | Sep 2025 |
| 23262 |
Ventia Services Group Ltd
AU:VNT |
89.8% |
AU$561.10 Million
≈ $397.01 Million |
AU$57.00 Million | Australia | Dec 2025 |
| 23263 |
mBank SA
WAR:MBK |
89.8% |
zł23.36 Billion
≈ $6.43 Billion |
zł2.37 Billion | Poland | Jun 2026 |
| 23264 |
Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427 |
89.8% |
CN¥946.86 Million
≈ $138.55 Million |
CN¥96.23 Million | China | Mar 2026 |
| 23265 |
Dianguang Explosion-proof Technology Co Ltd
SHE:002730 |
89.8% |
CN¥1.73 Billion
≈ $252.71 Million |
CN¥175.54 Million | China | Mar 2026 |
| 23266 |
BIORETEC OY
F:0TN |
89.8% |
€9.76 Million
≈ $11.41 Million |
€992.36K | Germany | Dec 2025 |
| 23267 |
ODIGMA CONSULTANCY SOLUTIONS LTD
NSE:ODIGMA |
89.8% |
Rs534.24 Million
≈ $5.78 Million |
Rs54.33 Million | India | Mar 2026 |
| 23268 |
Zhejiang Shengyang Science
SHG:603703 |
89.8% |
CN¥867.05 Million
≈ $126.88 Million |
CN¥88.21 Million | China | Mar 2026 |
| 23269 |
BINEX Co. Ltd
KQ:053030 |
89.8% |
₩187.21 Billion
≈ $126.87 Million |
₩19.05 Billion | Korea | Sep 2025 |
| 23270 |
Teraplast Bist
RO:TRP |
89.8% |
RON423.85 Million
≈ $97.32 Million |
RON43.14 Million | Romania | Jun 2026 |
| 23271 |
Zhejiang Yinlun Machinery Co Ltd
SHE:002126 |
89.8% |
CN¥7.72 Billion
≈ $1.13 Billion |
CN¥786.37 Million | China | Sep 2025 |
| 23272 |
Uni-President China Holdings Ltd
F:58U |
89.8% |
€13.60 Billion
≈ $15.90 Billion |
€1.39 Billion | Germany | Dec 2025 |
| 23273 |
Beijing Hualian Hypermarket Co Ltd
SHG:600361 |
89.8% |
CN¥11.54 Billion
≈ $1.69 Billion |
CN¥1.18 Billion | China | Mar 2026 |
| 23274 |
Jiangsu Huachen Transformer
SHG:603097 |
89.8% |
CN¥1.12 Billion
≈ $163.46 Million |
CN¥113.87 Million | China | Jun 2025 |
| 23275 |
Games Operators SA
WAR:GOP |
89.8% |
zł28.89 Million
≈ $7.95 Million |
zł2.94 Million | Poland | Mar 2026 |
| 23276 |
Hainan Honz Pharmaceutical Co
SHE:300086 |
89.8% |
CN¥909.06 Million
≈ $133.02 Million |
CN¥92.68 Million | China | Mar 2026 |
| 23277 |
Vestand Inc.
NASDAQ:VSTD |
89.8% | $4.69 Million | $477.95K | USA | Jun 2025 |
| 23278 |
Yoshiharu Global Co.
NASDAQ:YOSH |
89.8% | $4.69 Million | $477.95K | USA | Jun 2025 |
| 23279 |
Beijing Capital International Airport Company Limited
F:BJ1 |
89.8% |
€12.86 Billion
≈ $15.03 Billion |
€1.31 Billion | Germany | Dec 2025 |
| 23280 |
Ashoka Buildcon Limited
NSE:ASHOKA |
89.8% |
Rs65.76 Billion
≈ $711.18 Million |
Rs6.71 Billion | India | Mar 2026 |
| 23281 |
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 |
| 23282 |
Antalpha Platform Holding Co
NASDAQ:ANTA |
89.8% | $212.10 Million | $21.65 Million | USA | Mar 2026 |
| 23283 |
Smartoptics Group AS
OL:SMOP |
89.8% |
Nkr26.39 Million
≈ $2.78 Million |
Nkr2.69 Million | Norway | Jun 2025 |
| 23284 |
Healius Ltd
AU:HLS |
89.8% |
AU$557.10 Million
≈ $394.18 Million |
AU$56.90 Million | Australia | Dec 2025 |
| 23285 |
Genexine Inc
KQ:095700 |
89.8% |
₩260.01 Billion
≈ $176.21 Million |
₩26.56 Billion | Korea | Sep 2025 |
| 23286 |
MaxLinear Inc
NASDAQ:MXL |
89.8% | $454.19 Million | $46.41 Million | USA | Mar 2026 |
| 23287 |
Tangrenshen Group Co Ltd
SHE:002567 |
89.8% |
CN¥5.09 Billion
≈ $745.39 Million |
CN¥520.69 Million | China | Mar 2026 |
| 23288 |
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 |
| 23289 |
Shandong Xinhua Pharmaceutical Company Limited
F:XIN |
89.8% |
€5.60 Billion
≈ $6.54 Billion |
€572.14 Million | Germany | Mar 2026 |
| 23290 |
Hubei Sanxia New Building Materials Co Ltd
SHG:600293 |
89.8% |
CN¥1.84 Billion
≈ $268.88 Million |
CN¥188.10 Million | China | Mar 2026 |
| 23291 |
Sao Ta Foods JSC
VN:FMC |
89.8% |
₫2.67 Trillion
≈ $101.27 Million |
₫272.94 Billion | Vietnam | Mar 2026 |
| 23292 |
DWS Group GmbH & Co. KGaA
XETRA:DWS |
89.8% |
€7.48 Billion
≈ $8.74 Billion |
€766.00 Million | Germany | Dec 2025 |
| 23293 |
Shanghai Tunnel Engineering Co Ltd
SHG:600820 |
89.8% |
CN¥47.27 Billion
≈ $6.92 Billion |
CN¥4.84 Billion | China | Mar 2026 |
| 23294 |
Shandong Xinhua Pharmaceutical Co Ltd
SHE:000756 |
89.8% |
CN¥5.36 Billion
≈ $785.07 Million |
CN¥549.65 Million | China | Jun 2025 |
| 23295 |
Nelly Group AB
ST:NELLY |
89.8% |
Skr411.90 Million
≈ $44.33 Million |
Skr42.20 Million | Sweden | Mar 2026 |
| 23296 |
STOCK3 AG NA O.N.
XETRA:BOG |
89.8% Annual |
€5.48 Million
≈ $6.40 Million |
€561.27K | Germany | Dec 2025 |
| 23297 |
Shanghai Moons' Elec Co Ltd
SHG:603728 |
89.7% |
CN¥2.97 Billion
≈ $435.28 Million |
CN¥304.99 Million | China | Sep 2025 |
| 23298 |
Beijing Thunisoft Co Ltd
SHE:300271 |
89.7% |
CN¥3.63 Billion
≈ $531.66 Million |
CN¥372.57 Million | China | Mar 2026 |
| 23299 |
Shandong Longquan Pipeline Engineering Co Ltd
SHE:002671 |
89.7% |
CN¥1.68 Billion
≈ $246.08 Million |
CN¥172.48 Million | China | Mar 2026 |
| 23300 |
Aclarion Inc
NASDAQ:ACON |
89.7% | $12.50 Million | $1.28 Million | USA | Sep 2025 |