Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
89.3%
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.
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 |
|---|---|---|---|---|---|---|
| 23301 |
Playgram Co. Ltd
KO:009810 |
89.4% |
₩186.02 Billion
≈ $126.06 Million |
₩19.67 Billion | Korea | Sep 2025 |
| 23302 |
Triumph Financial, Inc.
NASDAQ:TFIN |
89.4% | $919.33 Million | $97.22 Million | USA | Sep 2025 |
| 23303 |
Panda Financial Holding Corp Ltd
SHG:600599 |
89.4% |
CN¥83.62 Million
≈ $12.24 Million |
CN¥8.85 Million | China | Mar 2026 |
| 23304 |
Juli Sling Co Ltd
SHE:002342 |
89.4% |
CN¥2.45 Billion
≈ $357.90 Million |
CN¥258.77 Million | China | Mar 2026 |
| 23305 |
Media Nusantara Citra Tbk PT
JK:MNCN |
89.4% |
Rp23.30 Trillion
≈ $1.37 Billion |
Rp2.47 Trillion | Indonesia | Jun 2025 |
| 23306 |
Changbai Mountain Tourism Co Ltd
SHG:603099 |
89.4% |
CN¥1.53 Billion
≈ $223.53 Million |
CN¥161.69 Million | China | Mar 2026 |
| 23307 |
Tongling Nonferrous Metals Group Co Ltd
SHE:000630 |
89.4% |
CN¥43.95 Billion
≈ $6.43 Billion |
CN¥4.65 Billion | China | Sep 2025 |
| 23308 |
Beijing Shunxin Agriculture Co Ltd
SHE:000860 |
89.4% |
CN¥6.92 Billion
≈ $1.01 Billion |
CN¥732.89 Million | China | Mar 2026 |
| 23309 |
Beijing Bayi Space LCD Technology Co Ltd
SHG:688181 |
89.4% |
CN¥2.07 Billion
≈ $302.61 Million |
CN¥219.21 Million | China | Jun 2025 |
| 23310 |
Materialise NV
F:06MA |
89.4% |
€251.37 Million
≈ $293.88 Million |
€26.65 Million | Germany | Sep 2025 |
| 23311 |
Urbanise.com Ltd
AU:UBN |
89.4% |
AU$13.38 Million
≈ $9.47 Million |
AU$1.42 Million | Australia | Dec 2025 |
| 23312 |
Calgro M3 Holdings Ltd
JSE:CGR |
89.4% |
ZAC1.50 Billion
≈ $799.64K |
ZAC159.65 Million | South Africa | Aug 2025 |
| 23313 |
Ilyang Pharm
KO:007570 |
89.4% |
₩239.41 Billion
≈ $162.24 Million |
₩25.40 Billion | Korea | Jun 2025 |
| 23314 |
Ilyang Pharmaceutical Co Ltd
KO:007575 |
89.4% |
₩239.41 Billion
≈ $162.24 Million |
₩25.40 Billion | Korea | Jun 2025 |
| 23315 |
Nanhua Instruments Co Ltd
SHE:300417 |
89.4% |
CN¥549.63 Million
≈ $80.43 Million |
CN¥58.34 Million | China | Mar 2026 |
| 23316 |
Impax Asset Management Group Plc
LSE:IPX |
89.4% |
GBX115.22 Million
≈ $14.02K |
GBX12.23 Million | UK | Sep 2025 |
| 23317 |
Orbis AG
XETRA:OBS |
89.4% |
€42.11 Million
≈ $49.24 Million |
€4.47 Million | Germany | Dec 2025 |
| 23318 |
Guangdong Enpack Packaging Co Ltd
SHE:002846 |
89.4% |
CN¥1.45 Billion
≈ $212.36 Million |
CN¥154.10 Million | China | Mar 2026 |
| 23319 |
E& Corporation CO. LTD
KQ:066980 |
89.4% |
₩66.31 Billion
≈ $44.94 Million |
₩7.04 Billion | Korea | Sep 2025 |
| 23320 |
Metro Bank PLC
LSE:MTRO |
89.4% |
GBX1.25 Billion
≈ $152.33K |
GBX133.00 Million | UK | Dec 2025 |
| 23321 |
Prodways Group SA
PA:PWG |
89.4% |
€53.63 Million
≈ $62.69 Million |
€5.70 Million | France | Dec 2024 |
| 23322 |
Hapag Lloyd AG
XETRA:HLAG |
89.4% |
€18.32 Billion
≈ $21.42 Billion |
€1.95 Billion | Germany | Mar 2026 |
| 23323 |
Tianshui Zhongxing Bio-technology Co Ltd
SHE:002772 |
89.4% |
CN¥3.40 Billion
≈ $497.50 Million |
CN¥361.52 Million | China | Sep 2025 |
| 23324 |
ODDITY Tech Ltd. Class A Ordinary Shares
NASDAQ:ODD |
89.4% | $380.68 Million | $40.49 Million | USA | Sep 2025 |
| 23325 |
EasyJet PLC
LSE:EZJ |
89.4% |
GBX3.66 Billion
≈ $444.95K |
GBX389.00 Million | UK | Mar 2026 |
| 23326 |
Yingde Greatchem Chemicals Co. Ltd. A
SHE:300804 |
89.4% |
CN¥1.37 Billion
≈ $200.16 Million |
CN¥145.62 Million | China | Mar 2026 |
| 23327 |
Shandong Rike Chemical
SHE:300214 |
89.4% |
CN¥2.49 Billion
≈ $364.69 Million |
CN¥265.36 Million | China | Mar 2026 |
| 23328 |
Credit Clear Ltd
AU:CCR |
89.3% |
AU$64.28 Million
≈ $45.48 Million |
AU$6.85 Million | Australia | Jun 2025 |
| 23329 |
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267 |
89.3% |
CN¥6.89 Billion
≈ $1.01 Billion |
CN¥734.13 Million | China | Sep 2025 |
| 23330 |
Jungheinrich AG O.N.VZO
XETRA:JUN3 |
89.3% |
€2.46 Billion
≈ $2.87 Billion |
€261.60 Million | Germany | Dec 2025 |
| 23331 |
Texchem Resources Bhd
KLSE:8702 |
89.3% |
RM201.75 Million
≈ $50.65 Million |
RM21.50 Million | Malaysia | Sep 2025 |
| 23332 |
Akfen Yenilenebilir Enerji A.S.
IS:AKFYE |
89.3% |
TL30.42 Billion
≈ $681.23 Million |
TL3.24 Billion | Turkey | Sep 2024 |
| 23333 |
Shenzhen WOTE Advanced Materials Co Ltd
SHE:002886 |
89.3% |
CN¥1.92 Billion
≈ $281.19 Million |
CN¥204.85 Million | China | Mar 2026 |
| 23334 |
Suzhou Alton Electrical & Mechanical Industry Co. Ltd.
SHE:301187 |
89.3% |
CN¥1.47 Billion
≈ $214.44 Million |
CN¥156.33 Million | China | Mar 2026 |
| 23335 |
Willdan Group Inc
NASDAQ:WLDN |
89.3% | $310.35 Million | $33.11 Million | USA | Mar 2026 |
| 23336 |
Ridgetech, Inc.
NASDAQ:RDGT |
89.3% | $29.78 Million | $3.18 Million | USA | Sep 2025 |
| 23337 |
Graco Inc
NYSE:GGG |
89.3% | $2.74 Billion | $292.64 Million | USA | Mar 2026 |
| 23338 |
Zotefoams PLC
LSE:ZTF |
89.3% |
GBX130.08 Million
≈ $15.83K |
GBX13.88 Million | UK | Dec 2025 |
| 23339 |
Xining Special Steel Co Ltd
SHG:600117 |
89.3% |
CN¥5.12 Billion
≈ $749.58 Million |
CN¥547.33 Million | China | Mar 2026 |
| 23340 |
Rawlplug S.A.
WAR:RWL |
89.3% |
zł741.63 Million
≈ $204.11 Million |
zł79.28 Million | Poland | Sep 2025 |
| 23341 |
Banco Bradesco S.A
F:BREC |
89.3% |
€178.95 Billion
≈ $209.21 Billion |
€19.13 Billion | Germany | Dec 2025 |
| 23342 |
BANCO BRANDESCO SP.ADR 1
F:BREA |
89.3% |
€178.95 Billion
≈ $209.21 Billion |
€19.13 Billion | Germany | Dec 2025 |
| 23343 |
TPV Technology Co Ltd
SHE:000727 |
89.3% |
CN¥8.12 Billion
≈ $1.19 Billion |
CN¥867.97 Million | China | Sep 2025 |
| 23344 |
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A
SHE:300749 |
89.3% |
CN¥570.23 Million
≈ $83.44 Million |
CN¥60.99 Million | China | Sep 2025 |
| 23345 |
Yantai Dongcheng Pharmaceutical Co Ltd
SHE:002675 |
89.3% |
CN¥5.40 Billion
≈ $790.83 Million |
CN¥578.42 Million | China | Mar 2026 |
| 23346 |
GO.D.M Investments Ltd
TA:GODM |
89.3% |
ILA2.81 Million
≈ $7.54K |
ILA301.00K | Israel | Jun 2018 |
| 23347 |
GuangDong GenSho Logistics Co
SHG:603813 |
89.3% |
CN¥486.78 Million
≈ $71.23 Million |
CN¥52.11 Million | China | Mar 2026 |
| 23348 |
WPG (Shanghai) Smart Water Public Co. Ltd
SHG:603956 |
89.3% |
CN¥1.86 Billion
≈ $272.73 Million |
CN¥199.57 Million | China | Mar 2026 |
| 23349 |
Braze Inc
NASDAQ:BRZE |
89.3% | $602.40 Million | $64.53 Million | USA | Oct 2025 |
| 23350 |
Metrofile
JSE:MFL |
89.3% |
ZAC484.22 Million
≈ $257.34K |
ZAC51.87 Million | South Africa | Jun 2025 |
| 23351 |
Jacques Bogart SA
PA:JBOG |
89.3% |
€57.63 Million
≈ $67.38 Million |
€6.18 Million | France | Dec 2025 |
| 23352 |
BTS Group AB (publ)
ST:BTS-B |
89.3% |
Skr1.52 Billion
≈ $163.55 Million |
Skr163.04 Million | Sweden | Mar 2026 |
| 23353 |
Jiangsu Zhongchao Cable Co Ltd
SHE:002471 |
89.3% |
CN¥1.78 Billion
≈ $260.09 Million |
CN¥190.74 Million | China | Sep 2025 |
| 23354 |
Shanghai STEP Electric Corp
SHE:002527 |
89.3% |
CN¥1.25 Billion
≈ $183.09 Million |
CN¥134.31 Million | China | Sep 2025 |
| 23355 |
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686 |
89.3% |
CN¥7.44 Billion
≈ $1.09 Billion |
CN¥798.61 Million | China | Sep 2025 |
| 23356 |
Shanghai Baosteel Packaging
SHG:601968 |
89.3% |
CN¥4.71 Billion
≈ $689.40 Million |
CN¥505.76 Million | China | Mar 2026 |
| 23357 |
Materion Corporation
NYSE:MTRN |
89.3% | $956.96 Million | $102.74 Million | USA | Mar 2026 |
| 23358 |
Sakol Energy Public Company Limited
BK:SKE |
89.3% |
฿809.13 Million
≈ $25.22 Million |
฿86.87 Million | Thailand | Sep 2025 |
| 23359 |
Dual Co Ltd
KO:016740 |
89.3% |
₩271.79 Billion
≈ $184.19 Million |
₩29.19 Billion | Korea | Sep 2025 |
| 23360 |
CarrefourSA Carrefour Sabanci Ticaret Merkezi AS
IS:CRFSA |
89.3% |
TL3.57 Billion
≈ $80.03 Million |
TL383.80 Million | Turkey | Mar 2025 |
| 23361 |
Brooks Macdonald Group
LSE:BRK |
89.3% |
GBX154.45 Million
≈ $18.79K |
GBX16.59 Million | UK | Jun 2025 |
| 23362 |
UV Germi SA
PA:ALUVI |
89.3% |
€10.20 Million
≈ $11.92 Million |
€1.10 Million | France | Jun 2025 |
| 23363 |
RheinLand Holding AG
DU:RLV |
89.3% Annual |
€228.79 Million
≈ $267.48 Million |
€24.58 Million | Germany | Dec 2024 |
| 23364 |
Cowell Development Tbk
JK:COWL |
89.3% |
Rp892.38 Billion
≈ $52.29 Million |
Rp95.89 Billion | Indonesia | Sep 2019 |
| 23365 |
Vibra Energia S.A.
SA:VBBR3 |
89.3% |
R$21.34 Billion
≈ $4.19 Billion |
R$2.29 Billion | Brazil | Sep 2025 |
| 23366 |
Hektas Ticaret TAS
IS:HEKTS |
89.3% |
TL14.70 Billion
≈ $329.13 Million |
TL1.58 Billion | Turkey | Sep 2025 |
| 23367 |
Shanghai Pret Composites
SHE:002324 |
89.2% |
CN¥4.89 Billion
≈ $715.09 Million |
CN¥525.33 Million | China | Sep 2025 |
| 23368 |
RECRUIT HLD.UNSP.ADR/02
F:1RHA |
89.2% |
€1.63 Trillion
≈ $1.90 Trillion |
€174.98 Billion | Germany | Mar 2025 |
| 23369 |
Xinlong Holding Group Co Ltd
SHE:000955 |
89.2% |
CN¥705.04 Million
≈ $103.17 Million |
CN¥75.81 Million | China | Sep 2025 |
| 23370 |
Compagnie Generale des Etablissements Michelin SCA
PA:ML |
89.2% |
€18.08 Billion
≈ $21.13 Billion |
€1.94 Billion | France | Dec 2025 |
| 23371 |
Orion Oyj A
HE:ORNAV |
89.2% |
€919.60 Million
≈ $1.08 Billion |
€98.90 Million | Finland | Jun 2025 |
| 23372 |
Orion Oyj B
HE:ORNBV |
89.2% |
€919.60 Million
≈ $1.08 Billion |
€98.90 Million | Finland | Jun 2025 |
| 23373 |
Guardian Capital Group Limited
TO:GCG |
89.2% |
CA$1.38 Billion
≈ $1.00 Billion |
CA$148.86 Million | Canada | Sep 2025 |
| 23374 |
Guardian Capital Group Ltd. Cl.A Nv (GCG-A.TO
TO:GCG-A |
89.2% |
CA$1.38 Billion
≈ $1.00 Billion |
CA$148.86 Million | Canada | Sep 2025 |
| 23375 |
Fraser Neave Holdings Bhd
KLSE:3689 |
89.2% |
RM3.92 Billion
≈ $983.04 Million |
RM421.10 Million | Malaysia | Mar 2026 |
| 23376 |
Amur Minerals Corporation
LSE:CRTX |
89.2% |
GBX1.80 Million
≈ $218.77 |
GBX193.53K | UK | Jun 2025 |
| 23377 |
Icahn Enterprises LP
NASDAQ:IEP |
89.2% | $3.42 Billion | $368.00 Million | USA | Sep 2025 |
| 23378 |
Chia Her Industrial Co Ltd
TW:1449 |
89.2% |
NT$2.92 Billion
≈ $92.13 Million |
NT$314.77 Million | Taiwan | Dec 2025 |
| 23379 |
Boston Properties Inc
NYSE:BXP |
89.2% | $7.72 Billion | $830.92 Million | USA | Mar 2026 |
| 23380 |
Guangdong Jiaying Pharmaceutical Co Ltd
SHE:002198 |
89.2% |
CN¥730.39 Million
≈ $106.88 Million |
CN¥78.65 Million | China | Mar 2026 |
| 23381 |
Bank of Queensland Ltd
AU:BOQ |
89.2% |
AU$5.90 Billion
≈ $4.17 Billion |
AU$635.00 Million | Australia | Feb 2026 |
| 23382 |
Endur ASA
OL:ENDUR |
89.2% |
Nkr2.31 Billion
≈ $242.74 Million |
Nkr248.50 Million | Norway | Sep 2025 |
| 23383 |
Bringspring Science and Tech
SHE:300290 |
89.2% |
CN¥853.15 Million
≈ $124.84 Million |
CN¥91.92 Million | China | Jun 2025 |
| 23384 |
BP p.l.c
MX:BPN |
89.2% |
MX$76.96 Billion
≈ $4.43 Billion |
MX$8.29 Billion | Mexico | Mar 2026 |
| 23385 |
BP PLC ADR
NYSE:BP |
89.2% | $76.96 Billion | $8.29 Billion | USA | Mar 2026 |
| 23386 |
Neusoft Corp
SHG:600718 |
89.2% |
CN¥9.68 Billion
≈ $1.42 Billion |
CN¥1.04 Billion | China | Sep 2025 |
| 23387 |
Xometry Inc
NASDAQ:XMTR |
89.2% | $273.09 Million | $29.46 Million | USA | Sep 2025 |
| 23388 |
Zeotech Ltd
AU:ZEO |
89.2% |
AU$21.91 Million
≈ $15.50 Million |
AU$2.36 Million | Australia | Dec 2025 |
| 23389 |
NÜRNBERGER Beteiligungs-AG
F:NBG6 |
89.2% |
€891.32 Million
≈ $1.04 Billion |
€96.15 Million | Germany | Dec 2025 |
| 23390 |
United Drilling Tools Limited
NSE:UNIDT |
89.2% |
Rs2.80 Billion
≈ $30.24 Million |
Rs301.83 Million | India | Mar 2026 |
| 23391 |
Skarbiec Holding S.A.
WAR:SKH |
89.2% |
zł251.11 Million
≈ $69.11 Million |
zł27.11 Million | Poland | Sep 2025 |
| 23392 |
Vohringer Home Technology Co Ltd
SHG:603226 |
89.2% |
CN¥911.67 Million
≈ $133.41 Million |
CN¥98.48 Million | China | Mar 2026 |
| 23393 |
Sequans Communications SA
NYSE:SQNS |
89.2% | $72.78 Million | $7.86 Million | USA | Mar 2026 |
| 23394 |
Fujian Furi Electronics Co Ltd
SHG:600203 |
89.2% |
CN¥1.81 Billion
≈ $264.99 Million |
CN¥195.80 Million | China | Sep 2025 |
| 23395 |
Pepco Group B.V.
WAR:PCO |
89.2% |
zł163.01 Million
≈ $44.86 Million |
zł17.63 Million | Poland | Sep 2025 |
| 23396 |
PEPCO GROUP N.V. EO-01
F:8UX |
89.2% |
€163.01 Million
≈ $190.58 Million |
€17.63 Million | Germany | Sep 2025 |
| 23397 |
LabGenomics Co. Ltd
KQ:084650 |
89.2% |
₩188.67 Billion
≈ $127.86 Million |
₩20.40 Billion | Korea | Sep 2025 |
| 23398 |
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003 |
89.2% |
CN¥4.66 Billion
≈ $681.54 Million |
CN¥503.69 Million | China | Sep 2025 |
| 23399 |
Liberty Global PLC Class C
NASDAQ:LBTYK |
89.2% | $12.96 Billion | $1.40 Billion | USA | Sep 2025 |
| 23400 |
Liberty Global PLC Class B
NASDAQ:LBTYB |
89.2% | $12.96 Billion | $1.40 Billion | USA | Sep 2025 |