Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

89.2%
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
23501 RheinLand Holding AG
DU:RLV 		89.3% Annual €228.79 Million
≈ $267.48 Million 		€24.58 Million Germany Dec 2024
23502 Highwoods Properties Inc
NYSE:HIW 		89.3% $2.59 Billion $278.22 Million USA Jun 2026
23503 Inner Mongolia Yuan Xing Energy Co Ltd
SHE:000683 		89.3% CN¥16.34 Billion
≈ $2.39 Billion 		CN¥1.76 Billion China Jun 2026
23504 Cowell Development Tbk
JK:COWL 		89.3% Rp892.38 Billion
≈ $52.29 Million 		Rp95.89 Billion Indonesia Sep 2019
23505 Vibra Energia S.A.
SA:VBBR3 		89.3% R$21.34 Billion
≈ $4.19 Billion 		R$2.29 Billion Brazil Sep 2025
23506 Hektas Ticaret TAS
IS:HEKTS 		89.3% TL14.70 Billion
≈ $329.13 Million 		TL1.58 Billion Turkey Sep 2025
23507 Shanghai Pret Composites
SHE:002324 		89.2% CN¥4.89 Billion
≈ $715.09 Million 		CN¥525.33 Million China Sep 2025
23508 RECRUIT HLD.UNSP.ADR/02
F:1RHA 		89.2% €1.63 Trillion
≈ $1.90 Trillion 		€174.98 Billion Germany Mar 2025
23509 Xinlong Holding Group Co Ltd
SHE:000955 		89.2% CN¥705.04 Million
≈ $103.17 Million 		CN¥75.81 Million China Sep 2025
23510 Compagnie Generale des Etablissements Michelin SCA
PA:ML 		89.2% €18.08 Billion
≈ $21.13 Billion 		€1.94 Billion France Dec 2025
23511 Orion Oyj A
HE:ORNAV 		89.2% €919.60 Million
≈ $1.08 Billion 		€98.90 Million Finland Jun 2025
23512 Orion Oyj B
HE:ORNBV 		89.2% €919.60 Million
≈ $1.08 Billion 		€98.90 Million Finland Jun 2025
23513 Guardian Capital Group Limited
TO:GCG 		89.2% CA$1.38 Billion
≈ $1.00 Billion 		CA$148.86 Million Canada Sep 2025
23514 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
23515 Amur Minerals Corporation
LSE:CRTX 		89.2% GBX1.80 Million
≈ $218.77 		GBX193.53K UK Jun 2025
23516 Chia Her Industrial Co Ltd
TW:1449 		89.2% NT$2.92 Billion
≈ $92.13 Million 		NT$314.77 Million Taiwan Dec 2025
23517 Boston Properties Inc
NYSE:BXP 		89.2% $7.72 Billion $830.92 Million USA Mar 2026
23518 Guangdong Jiaying Pharmaceutical Co Ltd
SHE:002198 		89.2% CN¥730.39 Million
≈ $106.88 Million 		CN¥78.65 Million China Mar 2026
23519 Bank of Queensland Ltd
AU:BOQ 		89.2% AU$5.90 Billion
≈ $4.17 Billion 		AU$635.00 Million Australia Feb 2026
23520 Lotte Corp
KO:004990 		89.2% ₩9.58 Trillion
≈ $6.49 Billion 		₩1.03 Trillion Korea Mar 2026
23521 Endur ASA
OL:ENDUR 		89.2% Nkr2.31 Billion
≈ $242.74 Million 		Nkr248.50 Million Norway Sep 2025
23522 Bringspring Science and Tech
SHE:300290 		89.2% CN¥853.15 Million
≈ $124.84 Million 		CN¥91.92 Million China Jun 2025
23523 Los Andes Copper Limited
V:LA 		89.2% CA$76.56 Million
≈ $55.38 Million 		CA$8.25 Million Canada Mar 2026
23524 BP PLC ADR
NYSE:BP 		89.2% $76.96 Billion $8.29 Billion USA Mar 2026
23525 Guangdong Kingshine Electronic Tech
SHE:300903 		89.2% CN¥1.84 Billion
≈ $268.79 Million 		CN¥198.04 Million China Mar 2026
23526 Neusoft Corp
SHG:600718 		89.2% CN¥9.68 Billion
≈ $1.42 Billion 		CN¥1.04 Billion China Sep 2025
23527 Xometry Inc
NASDAQ:XMTR 		89.2% $273.09 Million $29.46 Million USA Sep 2025
23528 Zeotech Ltd
AU:ZEO 		89.2% AU$21.91 Million
≈ $15.50 Million 		AU$2.36 Million Australia Dec 2025
23529 NÜRNBERGER Beteiligungs-AG
F:NBG6 		89.2% €891.32 Million
≈ $1.04 Billion 		€96.15 Million Germany Dec 2025
23530 Northking Information Technology Co
SHE:002987 		89.2% CN¥3.00 Billion
≈ $439.70 Million 		CN¥324.30 Million China Mar 2026
23531 United Drilling Tools Limited
NSE:UNIDT 		89.2% Rs2.80 Billion
≈ $30.24 Million 		Rs301.83 Million India Mar 2026
23532 Skarbiec Holding S.A.
WAR:SKH 		89.2% zł251.11 Million
≈ $69.11 Million 		zł27.11 Million Poland Sep 2025
23533 Vohringer Home Technology Co Ltd
SHG:603226 		89.2% CN¥911.67 Million
≈ $133.41 Million 		CN¥98.48 Million China Mar 2026
23534 DRB - Hicom Bhd
KLSE:1619 		89.2% RM11.01 Billion
≈ $2.76 Billion 		RM1.19 Billion Malaysia Mar 2026
23535 Fujian Furi Electronics Co Ltd
SHG:600203 		89.2% CN¥1.81 Billion
≈ $264.99 Million 		CN¥195.80 Million China Sep 2025
23536 PEPCO GROUP N.V. EO-01
F:8UX 		89.2% €163.01 Million
≈ $190.58 Million 		€17.63 Million Germany Sep 2025
23537 LabGenomics Co. Ltd
KQ:084650 		89.2% ₩188.67 Billion
≈ $127.86 Million 		₩20.40 Billion Korea Sep 2025
23538 Zhejiang Weixing Industrial Development Co Ltd
SHE:002003 		89.2% CN¥4.66 Billion
≈ $681.54 Million 		CN¥503.69 Million China Sep 2025
23539 Liberty Global PLC Class B
NASDAQ:LBTYB 		89.2% $12.96 Billion $1.40 Billion USA Sep 2025
23540 NCC AB (publ)
ST:NCC-B 		89.2% Skr7.50 Billion
≈ $807.55 Million 		Skr812.00 Million Sweden Jun 2025
23541 Shenzhen Topband Co Ltd
SHE:002139 		89.2% CN¥7.07 Billion
≈ $1.03 Billion 		CN¥765.25 Million China Sep 2025
23542 Klöckner & Co SE
XETRA:KCO 		89.2% €1.65 Billion
≈ $1.93 Billion 		€178.36 Million Germany Mar 2026
23543 BIO-Key International Inc
NASDAQ:BKYI 		89.2% $7.67 Million $830.36K USA Dec 2025
23544 Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A
SHG:688565 		89.2% CN¥497.26 Million
≈ $72.76 Million 		CN¥53.84 Million China Mar 2026
23545 GS Engineering & Construction
KO:006360 		89.2% ₩5.28 Trillion
≈ $3.58 Billion 		₩571.77 Billion Korea Sep 2025
23546 Korea Zinc Inc
KO:010130 		89.2% ₩11.46 Trillion
≈ $7.77 Billion 		₩1.24 Trillion Korea Mar 2026
23547 Brunel International NV
AS:BRNL 		89.2% €262.41 Million
≈ $306.79 Million 		€28.43 Million Netherlands Jun 2026
23548 Touchstar plc
LSE:TST 		89.2% GBX1.88 Million
≈ $228.98 		GBX204.00K UK Dec 2025
23549 Haci Omer Sabanci Holding AS
IS:SAHOL 		89.2% TL625.85 Billion
≈ $14.02 Billion 		TL67.88 Billion Turkey Mar 2026
23550 WICE Logistics PCL
BK:WICE 		89.2% ฿1.73 Billion
≈ $53.94 Million 		฿187.74 Million Thailand Sep 2025
23551 Jiangsu SOPO Chemical Co Ltd
SHG:600746 		89.1% CN¥5.45 Billion
≈ $797.43 Million 		CN¥591.31 Million China Mar 2026
23552 KNJ Co. Ltd
KQ:272110 		89.1% ₩103.74 Billion
≈ $70.30 Million 		₩11.26 Billion Korea Mar 2026
23553 Dongguan Eontec Co Ltd
SHE:300328 		89.1% CN¥1.16 Billion
≈ $169.33 Million 		CN¥125.61 Million China Mar 2026
23554 Vishay Precision Group Inc
NYSE:VPG 		89.1% $332.61 Million $36.12 Million USA Jun 2026
23555 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
23556 Faw Car Co Ltd
SHE:000800 		89.1% CN¥26.87 Billion
≈ $3.93 Billion 		CN¥2.92 Billion China Mar 2026
23557 Zscaler Inc
NASDAQ:ZS 		89.1% $1.98 Billion $215.29 Million USA Oct 2025
23558 Innovex International, Inc
NYSE:INVX 		89.1% $1.03 Billion $111.98 Million USA Mar 2026
23559 Kainos Group PLC
LSE:KNOS 		89.1% GBX104.62 Million
≈ $12.73K 		GBX11.36 Million UK Sep 2025
23560 Swelect Energy Systems Limited
NSE:SWELECTES 		89.1% Rs9.54 Billion
≈ $103.21 Million 		Rs1.04 Billion India Mar 2026
23561 Limin Chemical Co Ltd
SHE:002734 		89.1% CN¥4.19 Billion
≈ $612.60 Million 		CN¥454.82 Million China Mar 2026
23562 B&S Group SA
AS:BSGR 		89.1% €261.49 Million
≈ $305.70 Million 		€28.41 Million Netherlands Jun 2025
23563 Value Management & Research AG
F:VMR1 		89.1% €6.88 Million
≈ $8.05 Million 		€747.93K Germany Jun 2023
23564 China Resources and Environment Co Ltd
SHG:600217 		89.1% CN¥3.08 Billion
≈ $450.10 Million 		CN¥334.31 Million China Sep 2025
23565 SB Financial Group Inc
NASDAQ:SBFG 		89.1% $146.74 Million $15.95 Million USA Jun 2026
23566 Celltrion Inc
KO:068270 		89.1% ₩17.81 Trillion
≈ $12.07 Billion 		₩1.94 Trillion Korea Mar 2026
23567 Zhong Fu Tong Co Ltd
SHE:300560 		89.1% CN¥909.81 Million
≈ $133.13 Million 		CN¥98.96 Million China Mar 2026
23568 United Bankers Oyj
HE:UNITED 		89.1% €56.22 Million
≈ $65.73 Million 		€6.12 Million Finland Jun 2025
23569 Taier Heavy Industry Co Ltd
SHE:002347 		89.1% CN¥1.21 Billion
≈ $177.23 Million 		CN¥131.75 Million China Jun 2025
23570 Kaiser China Holding Co Ltd
SHE:002425 		89.1% CN¥2.48 Billion
≈ $362.69 Million 		CN¥269.68 Million China Mar 2026
23571 Castelbajac Co. Ltd
KQ:308100 		89.1% ₩65.23 Billion
≈ $44.20 Million 		₩7.10 Billion Korea Mar 2026
23572 ZTE Corporation
F:FZM 		89.1% €77.04 Billion
≈ $90.06 Billion 		€8.39 Billion Germany Mar 2026
23573 ZTE Corp
SHE:000063 		89.1% CN¥77.04 Billion
≈ $11.27 Billion 		CN¥8.39 Billion China Mar 2026
23574 NH Hoteles
MC:NHH 		89.1% €1.28 Billion
≈ $1.49 Billion 		€138.97 Million Spain Jun 2025
23575 UNICHARM CORP. SP.ADR 1
F:UN41 		89.1% €891.26 Billion
≈ $1.04 Trillion 		€97.06 Billion Germany Dec 2025
23576 Anhui Golden Seed Winery Co Ltd
SHG:600199 		89.1% CN¥2.08 Billion
≈ $304.21 Million 		CN¥226.40 Million China Sep 2025
23577 BOHUS
OL:BOHUS 		89.1% Nkr1.04 Billion
≈ $108.96 Million 		Nkr112.80 Million Norway Jun 2026
23578 DIRTT Environmental Solutions Ltd.
TO:DRT 		89.1% CA$25.68 Million
≈ $18.57 Million 		CA$2.80 Million Canada Jun 2026
23579 Bingo Software Co Ltd
SHG:688227 		89.1% CN¥1.29 Billion
≈ $188.80 Million 		CN¥140.61 Million China Sep 2025
23580 Zhengzhou Yutong Bus Co Ltd
SHG:600066 		89.1% CN¥13.22 Billion
≈ $1.93 Billion 		CN¥1.44 Billion China Jun 2026
23581 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
23582 Air New Zealand Ltd
AU:AIZ 		89.1% AU$1.83 Billion
≈ $1.29 Billion 		AU$199.03 Million Australia Dec 2025
23583 Afi Properties Ltd
TA:AFPR 		89.1% ILA8.29 Billion
≈ $22.22 Million 		ILA903.92 Million Israel Dec 2025
23584 STAG Industrial Inc
NYSE:STAG 		89.1% $3.50 Billion $381.71 Million USA Sep 2025
23585 Abbott Laboratories
NYSE:ABT 		89.1% $51.26 Billion $5.59 Billion USA Sep 2025
23586 EZCORP Inc
NASDAQ:EZPW 		89.1% $1.14 Billion $124.66 Million USA Mar 2026
23587 Nanjing Hongbaoli Corp Ltd
SHE:002165 		89.1% CN¥2.05 Billion
≈ $299.60 Million 		CN¥223.51 Million China Sep 2025
23588 MediciNova Inc
NASDAQ:MNOV 		89.1% $43.96 Million $4.80 Million USA Sep 2025
23589 Hornby PLC
LSE:HRN 		89.1% GBX24.32 Million
≈ $2.96K 		GBX2.66 Million UK Mar 2024
23590 Pfeiffer Vacuum Technology AG
F:PFV 		89.1% €538.85 Million
≈ $629.98 Million 		€58.87 Million Germany Dec 2025
23591 REVO INSURANCE SPA O.N.
F:H0O 		89.1% €263.83 Million
≈ $308.45 Million 		€28.83 Million Germany Dec 2025
23592 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
23593 Ming Yang Smart Energy Group Ltd
SHG:601615 		89.1% CN¥27.48 Billion
≈ $4.02 Billion 		CN¥3.00 Billion China Mar 2026
23594 Anhui Xinbo Aluminum Co Ltd
SHE:003038 		89.1% CN¥2.85 Billion
≈ $417.31 Million 		CN¥311.79 Million China Mar 2026
23595 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
23596 Unilever Indonesia Tbk
JK:UNVR 		89.1% Rp3.02 Trillion
≈ $177.13 Million 		Rp330.75 Billion Indonesia Jun 2026
23597 Bestore Co Ltd
SHG:603719 		89.1% CN¥2.05 Billion
≈ $299.72 Million 		CN¥224.14 Million China Mar 2026
23598 Greatoo Inc
SHE:002031 		89.1% CN¥2.16 Billion
≈ $316.37 Million 		CN¥236.61 Million China Jun 2025
23599 Sun Country Airlines Holdings Inc
NASDAQ:SNCY 		89.0% $659.43 Million $72.22 Million USA Mar 2026
23600 QUADIENT SA ADR1/15/EO 1
F:NEQ0 		89.0% €1.07 Billion
≈ $1.25 Billion 		€117.10 Million Germany Jul 2025