Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

89.1%
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
23401 NCC AB (publ)
ST:NCC-B 		89.2% Skr7.50 Billion
≈ $807.55 Million 		Skr812.00 Million Sweden Jun 2025
23402 Shenzhen Topband Co Ltd
SHE:002139 		89.2% CN¥7.07 Billion
≈ $1.03 Billion 		CN¥765.25 Million China Sep 2025
23403 Klöckner & Co SE
XETRA:KCO 		89.2% €1.65 Billion
≈ $1.93 Billion 		€178.36 Million Germany Mar 2026
23404 BIO-Key International Inc
NASDAQ:BKYI 		89.2% $7.67 Million $830.36K USA Dec 2025
23405 GS Engineering & Construction
KO:006360 		89.2% ₩5.28 Trillion
≈ $3.58 Billion 		₩571.77 Billion Korea Sep 2025
23406 WICE Logistics PCL
BK:WICE 		89.2% ฿1.73 Billion
≈ $53.94 Million 		฿187.74 Million Thailand Sep 2025
23407 Jiangsu SOPO Chemical Co Ltd
SHG:600746 		89.1% CN¥5.45 Billion
≈ $797.43 Million 		CN¥591.31 Million China Mar 2026
23408 KNJ Co. Ltd
KQ:272110 		89.1% ₩103.74 Billion
≈ $70.30 Million 		₩11.26 Billion Korea Mar 2026
23409 Dongguan Eontec Co Ltd
SHE:300328 		89.1% CN¥1.16 Billion
≈ $169.33 Million 		CN¥125.61 Million China Mar 2026
23410 Enerpac Tool Group Corp
NYSE:EPAC 		89.1% $407.54 Million $44.24 Million USA Feb 2026
23411 Zhejiang Tongli Transmission Technology Co. Ltd. A
SHE:301255 		89.1% CN¥1.15 Billion
≈ $167.67 Million 		CN¥124.43 Million China Mar 2026
23412 Faw Car Co Ltd
SHE:000800 		89.1% CN¥26.87 Billion
≈ $3.93 Billion 		CN¥2.92 Billion China Mar 2026
23413 Zscaler Inc
NASDAQ:ZS 		89.1% $1.98 Billion $215.29 Million USA Oct 2025
23414 Innovex International, Inc
NYSE:INVX 		89.1% $1.03 Billion $111.98 Million USA Mar 2026
23415 Kainos Group PLC
LSE:KNOS 		89.1% GBX104.62 Million
≈ $12.73K 		GBX11.36 Million UK Sep 2025
23416 Swelect Energy Systems Limited
NSE:SWELECTES 		89.1% Rs9.54 Billion
≈ $103.21 Million 		Rs1.04 Billion India Mar 2026
23417 Limin Chemical Co Ltd
SHE:002734 		89.1% CN¥4.19 Billion
≈ $612.60 Million 		CN¥454.82 Million China Mar 2026
23418 B&S Group SA
AS:BSGR 		89.1% €261.49 Million
≈ $305.70 Million 		€28.41 Million Netherlands Jun 2025
23419 Value Management & Research AG
F:VMR1 		89.1% €6.88 Million
≈ $8.05 Million 		€747.93K Germany Jun 2023
23420 China Resources and Environment Co Ltd
SHG:600217 		89.1% CN¥3.08 Billion
≈ $450.10 Million 		CN¥334.31 Million China Sep 2025
23421 Celltrion Inc
KO:068270 		89.1% ₩17.81 Trillion
≈ $12.07 Billion 		₩1.94 Trillion Korea Mar 2026
23422 Zhong Fu Tong Co Ltd
SHE:300560 		89.1% CN¥909.81 Million
≈ $133.13 Million 		CN¥98.96 Million China Mar 2026
23423 United Bankers Oyj
HE:UNITED 		89.1% €56.22 Million
≈ $65.73 Million 		€6.12 Million Finland Jun 2025
23424 Taier Heavy Industry Co Ltd
SHE:002347 		89.1% CN¥1.21 Billion
≈ $177.23 Million 		CN¥131.75 Million China Jun 2025
23425 Kaiser China Holding Co Ltd
SHE:002425 		89.1% CN¥2.48 Billion
≈ $362.69 Million 		CN¥269.68 Million China Mar 2026
23426 ZTE Corp
SHE:000063 		89.1% CN¥77.04 Billion
≈ $11.27 Billion 		CN¥8.39 Billion China Mar 2026
23427 ZTE Corporation
F:FZM 		89.1% €77.04 Billion
≈ $90.06 Billion 		€8.39 Billion Germany Mar 2026
23428 NH Hoteles
MC:NHH 		89.1% €1.28 Billion
≈ $1.49 Billion 		€138.97 Million Spain Jun 2025
23429 UNICHARM CORP. SP.ADR 1
F:UN41 		89.1% €891.26 Billion
≈ $1.04 Trillion 		€97.06 Billion Germany Dec 2025
23430 Anhui Golden Seed Winery Co Ltd
SHG:600199 		89.1% CN¥2.08 Billion
≈ $304.21 Million 		CN¥226.40 Million China Sep 2025
23431 Yellow Balloon Tour Co. Ltd
KQ:104620 		89.1% ₩40.25 Billion
≈ $27.28 Million 		₩4.38 Billion Korea Dec 2025
23432 Bingo Software Co Ltd
SHG:688227 		89.1% CN¥1.29 Billion
≈ $188.80 Million 		CN¥140.61 Million China Sep 2025
23433 Zhejiang Henglin Chair Industry Co Ltd Class A
SHG:603661 		89.1% CN¥3.88 Billion
≈ $567.94 Million 		CN¥423.13 Million China Sep 2025
23434 Air New Zealand Ltd
AU:AIZ 		89.1% AU$1.83 Billion
≈ $1.29 Billion 		AU$199.03 Million Australia Dec 2025
23435 Afi Properties Ltd
TA:AFPR 		89.1% ILA8.29 Billion
≈ $22.22 Million 		ILA903.92 Million Israel Dec 2025
23436 STAG Industrial Inc
NYSE:STAG 		89.1% $3.50 Billion $381.71 Million USA Sep 2025
23437 Abbott Laboratories
NYSE:ABT 		89.1% $51.26 Billion $5.59 Billion USA Sep 2025
23438 EZCORP Inc
NASDAQ:EZPW 		89.1% $1.14 Billion $124.66 Million USA Mar 2026
23439 Nanjing Hongbaoli Corp Ltd
SHE:002165 		89.1% CN¥2.05 Billion
≈ $299.60 Million 		CN¥223.51 Million China Sep 2025
23440 MediciNova Inc
NASDAQ:MNOV 		89.1% $43.96 Million $4.80 Million USA Sep 2025
23441 Hornby PLC
LSE:HRN 		89.1% GBX24.32 Million
≈ $2.96K 		GBX2.66 Million UK Mar 2024
23442 Pfeiffer Vacuum Technology AG
F:PFV 		89.1% €538.85 Million
≈ $629.98 Million 		€58.87 Million Germany Dec 2025
23443 REVO INSURANCE SPA O.N.
F:H0O 		89.1% €263.83 Million
≈ $308.45 Million 		€28.83 Million Germany Dec 2025
23444 Shenzhen Hymson Laser Intelligent Equipments Co Ltd
SHG:688559 		89.1% CN¥2.46 Billion
≈ $359.51 Million 		CN¥268.48 Million China Mar 2026
23445 Ming Yang Smart Energy Group Ltd
SHG:601615 		89.1% CN¥27.48 Billion
≈ $4.02 Billion 		CN¥3.00 Billion China Mar 2026
23446 Anhui Xinbo Aluminum Co Ltd
SHE:003038 		89.1% CN¥2.85 Billion
≈ $417.31 Million 		CN¥311.79 Million China Mar 2026
23447 Shenzhen Longood Intelligent Electric Co Ltd Class A
SHE:300543 		89.1% CN¥1.42 Billion
≈ $207.95 Million 		CN¥155.41 Million China Mar 2026
23448 Bestore Co Ltd
SHG:603719 		89.1% CN¥2.05 Billion
≈ $299.72 Million 		CN¥224.14 Million China Mar 2026
23449 Greatoo Inc
SHE:002031 		89.1% CN¥2.16 Billion
≈ $316.37 Million 		CN¥236.61 Million China Jun 2025
23450 Sun Country Airlines Holdings Inc
NASDAQ:SNCY 		89.0% $659.43 Million $72.22 Million USA Mar 2026
23451 QUADIENT SA ADR1/15/EO 1
F:NEQ0 		89.0% €1.07 Billion
≈ $1.25 Billion 		€117.10 Million Germany Jul 2025
23452 Cancom SE
F:COK 		89.0% €550.05 Million
≈ $643.06 Million 		€60.25 Million Germany Sep 2025
23453 Hind Rectifiers Limited
NSE:HIRECT 		89.0% Rs1.90 Billion
≈ $20.57 Million 		Rs208.38 Million India Sep 2025
23454 Nantong Jiangshan Agrochemical & Chemicals Co Ltd
SHG:600389 		89.0% CN¥4.37 Billion
≈ $638.81 Million 		CN¥478.46 Million China Sep 2025
23455 Flowtech Fluidpower plc
LSE:FLO 		89.0% GBX42.04 Million
≈ $5.11K 		GBX4.61 Million UK Jun 2025
23456 Wanhua Chemical Group Co Ltd
SHG:600309 		89.0% CN¥116.33 Billion
≈ $17.02 Billion 		CN¥12.75 Billion China Sep 2025
23457 Barunson Co. Ltd
KQ:018700 		89.0% ₩32.80 Billion
≈ $22.23 Million 		₩3.60 Billion Korea Sep 2025
23458 Faraday Technology Corp
TW:3035 		89.0% NT$13.53 Billion
≈ $426.23 Million 		NT$1.49 Billion Taiwan Dec 2025
23459 EASYJET PLC SP.ADR NEW/4
F:EJTS 		89.0% €3.50 Billion
≈ $4.09 Billion 		€384.00 Million Germany Sep 2025
23460 Will Semiconductor Co Ltd
SHG:603501 		89.0% CN¥33.01 Billion
≈ $4.83 Billion 		CN¥3.62 Billion China Mar 2026
23461 Sulzer AG
SW:SUN 		89.0% CHF1.31 Billion
≈ $1.65 Billion 		CHF143.40 Million Switzerland Dec 2025
23462 KHVATEC Co.Ltd
KQ:060720 		89.0% ₩271.36 Billion
≈ $183.90 Million 		₩29.81 Billion Korea Sep 2025
23463 SKAN Group AG
SW:SKAN 		89.0% CHF133.26 Million
≈ $168.48 Million 		CHF14.64 Million Switzerland Dec 2025
23464 Ultrapar Participações S.A
F:UGR 		89.0% €17.73 Billion
≈ $20.73 Billion 		€1.95 Billion Germany Dec 2025
23465 Innodata Inc
NASDAQ:INOD 		89.0% $128.18 Million $14.09 Million USA Mar 2026
23466 AGFA Gevaert NV
BR:AGFB 		89.0% €291.00 Million
≈ $340.21 Million 		€32.00 Million Belgium Sep 2025
23467 Lendlease Group
AU:LLC 		89.0% AU$5.57 Billion
≈ $3.94 Billion 		AU$612.00 Million Australia Dec 2025
23468 Netskope, Inc. Class A Common Stock
NASDAQ:NTSK 		89.0% $194.53 Million $21.40 Million USA Jan 2026
23469 Laobaixing Pharmacy
SHG:603883 		89.0% CN¥7.30 Billion
≈ $1.07 Billion 		CN¥803.06 Million China Mar 2026
23470 Jiangsu LiXing General Steel Ball Co Ltd
SHE:300421 		89.0% CN¥1.29 Billion
≈ $189.12 Million 		CN¥142.22 Million China Mar 2026
23471 Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd
SHE:002388 		89.0% CN¥1.24 Billion
≈ $181.08 Million 		CN¥136.20 Million China Sep 2025
23472 Applied DNA Sciences, Inc.
NASDAQ:BNBX 		89.0% $12.13 Million $1.34 Million USA Mar 2026
23473 Shenzhen Tianyuan Dic Info Tech
SHE:300047 		89.0% CN¥3.38 Billion
≈ $494.12 Million 		CN¥371.67 Million China Mar 2026
23474 Arribatec Solutions ASA
OL:ARR 		89.0% Nkr265.47 Million
≈ $27.94 Million 		Nkr29.22 Million Norway Jun 2025
23475 Smartgroup Corporation Ltd
AU:SIQ 		89.0% AU$277.06 Million
≈ $196.04 Million 		AU$30.50 Million Australia Dec 2025
23476 SEVEN+I HLDGS UNSP.ADR1/2
F:S6MA 		89.0% €4.22 Trillion
≈ $4.93 Trillion 		€464.71 Billion Germany Aug 2024
23477 Aplicaciones y Tratamiento de Sistemas S.A.
MC:ATSI 		89.0% €43.67 Million
≈ $51.05 Million 		€4.81 Million Spain Jun 2025
23478 Komputronik S.A.
WAR:KOM 		89.0% zł247.34 Million
≈ $68.07 Million 		zł27.26 Million Poland Dec 2025
23479 Scana ASA
OL:SCANA 		89.0% Nkr608.80 Million
≈ $64.06 Million 		Nkr67.10 Million Norway Sep 2025
23480 Ginkgo Bioworks Holdings
NYSE:DNA 		89.0% $443.15 Million $48.86 Million USA Mar 2026
23481 Keyware Technologies NV
BR:KEYW 		89.0% €30.19 Million
≈ $35.30 Million 		€3.33 Million Belgium Jun 2025
23482 Qiagen NV
NYSE:QGEN 		89.0% $3.33 Billion $367.49 Million USA Mar 2026
23483 Realites
PA:ALREA 		89.0% €50.03 Million
≈ $58.49 Million 		€5.52 Million France Jun 2024
23484 HBIS Co Ltd
SHE:000709 		89.0% CN¥60.89 Billion
≈ $8.91 Billion 		CN¥6.72 Billion China Sep 2025
23485 Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A
SHG:603507 		89.0% CN¥2.65 Billion
≈ $387.29 Million 		CN¥292.02 Million China Mar 2026
23486 Cash Converters International
AU:CCV 		89.0% AU$253.41 Million
≈ $179.30 Million 		AU$27.97 Million Australia Dec 2025
23487 Atalaya Mining Ltd
LSE:ATYM 		89.0% GBX581.07 Million
≈ $70.70K 		GBX64.15 Million UK Sep 2025
23488 SK Discovery Co Ltd
KO:006120 		89.0% ₩7.04 Trillion
≈ $4.77 Billion 		₩776.91 Billion Korea Mar 2026
23489 Northann Corp.
NYSE MKT:NCL 		89.0% $9.01 Million $994.93K USA Mar 2026
23490 Henan Huaying Agricultural Development Co Ltd
SHE:002321 		89.0% CN¥1.44 Billion
≈ $211.31 Million 		CN¥159.47 Million China Sep 2025
23491 Enovix Corp
NASDAQ:ENVX 		89.0% $297.10 Million $32.83 Million USA Sep 2025
23492 Shenzhen Xfh Technology Co Ltd
SHE:300890 		88.9% CN¥2.36 Billion
≈ $345.99 Million 		CN¥261.33 Million China Mar 2026
23493 Icandy Interactive Ltd
AU:ICI 		88.9% AU$66.96 Million
≈ $47.38 Million 		AU$7.40 Million Australia Dec 2024
23494 Vertex Resource Group Ltd
V:VTX 		88.9% CA$44.90 Million
≈ $32.48 Million 		CA$4.96 Million Canada Mar 2026
23495 China Animal Husbandry Industry Co Ltd
SHG:600195 		88.9% CN¥6.69 Billion
≈ $978.42 Million 		CN¥739.15 Million China Sep 2025
23496 Xiamen Sunrise Wheel Group Co Ltd
SHE:002593 		88.9% CN¥2.48 Billion
≈ $363.53 Million 		CN¥274.68 Million China Mar 2026
23497 Nanxing Furniture Machinery & Equipment Co Ltd
SHE:002757 		88.9% CN¥2.03 Billion
≈ $296.57 Million 		CN¥224.12 Million China Sep 2025
23498 Fossil Group Inc
NASDAQ:FOSL 		88.9% $83.17 Million $9.20 Million USA Mar 2026
23499 TELENOR ASA SP.ADR/ O.N.
F:TEQA 		88.9% €80.97 Billion
≈ $94.66 Billion 		€8.96 Billion Germany Mar 2026
23500 SCOPE FLUIDICS SA ZY-10
F:S84 		88.9% €162.43 Million
≈ $189.90 Million 		€17.97 Million Germany Dec 2025