Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

88.8%
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
23501 Xiangyu Medical Co. Ltd. A
SHG:688626 		88.9% CN¥2.04 Billion
≈ $298.63 Million 		CN¥225.79 Million China Sep 2025
23502 Bibica Corp
VN:BBC 		88.9% ₫1.56 Trillion
≈ $59.46 Million 		₫173.15 Billion Vietnam Sep 2025
23503 Aba Chemicals Corp
SHE:300261 		88.9% CN¥1.93 Billion
≈ $281.95 Million 		CN¥213.20 Million China Mar 2026
23504 Saga Furs Oyj C
HE:SAGCV 		88.9% €83.78 Million
≈ $97.94 Million 		€9.27 Million Finland Apr 2025
23505 Tasfoods Ltd
AU:TFL 		88.9% AU$3.57 Million
≈ $2.53 Million 		AU$395.00K Australia Jun 2025
23506 Banco Bradesco S.A.
SA:BBDC3 		88.9% R$180.29 Billion
≈ $35.38 Billion 		R$19.96 Billion Brazil Mar 2026
23507 Banco Bradesco S/A ADR
NYSE:BBDO 		88.9% $34.53 Billion $3.82 Billion USA Mar 2026
23508 Cashbil
JSE:CSB 		88.9% ZAC1.91 Billion
≈ $1.01 Million 		ZAC210.96 Million South Africa Dec 2025
23509 Pes Camanchaca
SN:CAMANCHACA 		88.9% CL$439.65 Million
≈ $491.68K 		CL$48.68 Million Chile Dec 2025
23510 Korporacja KGL S.A.
WAR:KGL 		88.9% zł102.33 Million
≈ $28.16 Million 		zł11.33 Million Poland Dec 2025
23511 FRESENIUS SE+CO. ADR 1/4
F:FREA 		88.9% €19.77 Billion
≈ $23.11 Billion 		€2.19 Billion Germany Dec 2025
23512 BP p.l.c
LSE:BP-B 		88.9% GBX74.00 Billion
≈ $9.00 Million 		GBX8.20 Billion UK Dec 2025
23513 BP p.l.c
LSE:BP-A 		88.9% GBX74.00 Billion
≈ $9.00 Million 		GBX8.20 Billion UK Dec 2025
23514 BP PLC
F:BPE 		88.9% €74.00 Billion
≈ $86.51 Billion 		€8.20 Billion Germany Dec 2025
23515 BP PLC
LSE:BP 		88.9% GBX74.00 Billion
≈ $9.00 Million 		GBX8.20 Billion UK Dec 2025
23516 Bon Natural Life Ltd
NASDAQ:BON 		88.9% $58.00 Million $6.42 Million USA Dec 2025
23517 AGILYX ASA NK -02
F:5NQ 		88.9% €22.52 Million
≈ $26.33 Million 		€2.50 Million Germany Dec 2025
23518 Beijing Science Sun Pharmaceutical Co Ltd
SHE:300485 		88.9% CN¥3.43 Billion
≈ $502.43 Million 		CN¥380.40 Million China Sep 2025
23519 China Railway Prefabricated Construction Co Ltd
SHE:300374 		88.9% CN¥710.18 Million
≈ $103.92 Million 		CN¥78.69 Million China Mar 2026
23520 Shapeways Holdings, Inc
NASDAQ:SHPWQ 		88.9% $26.83 Million $2.97 Million USA Dec 2023
23521 Lucas GC Limited Ordinary Shares
NASDAQ:LGCL 		88.9% $314.31 Million $34.84 Million USA Mar 2026
23522 LXP Industrial Trust
NYSE:LXP 		88.9% $2.00 Billion $221.70 Million USA Mar 2026
23523 Ultrapar Participacoes SA ADR
NYSE:UGP 		88.9% $3.72 Billion $412.24 Million USA Mar 2026
23524 Ultrapar Participações S.A
SA:UGPA3 		88.9% R$18.51 Billion
≈ $3.63 Billion 		R$2.05 Billion Brazil Mar 2026
23525 Minehub Technologies Inc
V:MHUB 		88.9% CA$1.12 Million
≈ $807.29K 		CA$123.84K Canada Oct 2025
23526 Vente Unique.com
PA:ALVU 		88.9% €46.78 Million
≈ $54.69 Million 		€5.19 Million France Sep 2025
23527 IMAX Corporation
F:IMA 		88.9% €428.34 Million
≈ $500.77 Million 		€47.56 Million Germany Mar 2026
23528 RYOHIN UNSP.ADR/1
F:3RKU 		88.9% €384.30 Billion
≈ $449.29 Billion 		€42.68 Billion Germany Feb 2026
23529 Shandong Lipeng Co Ltd
SHE:002374 		88.9% CN¥471.92 Million
≈ $69.06 Million 		CN¥52.42 Million China Mar 2026
23530 New York Times Company
NYSE:NYT 		88.9% $2.00 Billion $222.40 Million USA Mar 2026
23531 IGNITIS GRUPE SP.GDR/1
F:IGV 		88.9% €2.49 Billion
≈ $2.92 Billion 		€277.20 Million Germany Dec 2025
23532 IGNITIS GRUPE AB EO 2233
F:IGV0 		88.9% €2.49 Billion
≈ $2.92 Billion 		€277.20 Million Germany Dec 2025
23533 Qiiwi Games AB (publ)
ST:QIIWI 		88.9% Skr16.87 Million
≈ $1.82 Million 		Skr1.88 Million Sweden Sep 2025
23534 Cybin Inc. Common Stock
NYSE MKT:HELP 		88.9% $375.87 Million $41.77 Million USA Dec 2025
23535 Cybin Inc
NEO:CYBN 		88.9% CA$273.93 Million
≈ $198.16 Million 		CA$30.44 Million Canada Dec 2025
23536 Ferguson Plc
NYSE:FERG 		88.9% $5.87 Billion $653.00 Million USA Apr 2026
23537 Shanghai Kangda New Materials Co Ltd
SHE:002669 		88.9% CN¥2.99 Billion
≈ $437.66 Million 		CN¥332.60 Million China Mar 2026
23538 Autolus Therapeutics plc
F:6A3A 		88.9% €178.13 Million
≈ $208.25 Million 		€19.81 Million Germany Dec 2025
23539 Chocoladefabriken Lindt & Spruengli AG N
SW:LISN 		88.9% CHF4.96 Billion
≈ $6.27 Billion 		CHF551.30 Million Switzerland Dec 2025
23540 StoneCo Ltd
NASDAQ:STNE 		88.9% $11.82 Billion $1.31 Billion USA Mar 2026
23541 Carasso
TA:CRSO 		88.9% ILA2.25 Billion
≈ $6.03 Million 		ILA250.29 Million Israel Sep 2025
23542 SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962 		88.9% CN¥1.08 Billion
≈ $158.01 Million 		CN¥120.15 Million China Mar 2026
23543 SHIMAO SERV.HLDGS HD-01
F:5GO 		88.9% €7.92 Billion
≈ $9.26 Billion 		€881.13 Million Germany Jun 2025
23544 Great Chinasoft Technology Co Ltd
SHE:002453 		88.9% CN¥936.46 Million
≈ $137.03 Million 		CN¥104.23 Million China Sep 2025
23545 China Eastern Airlines Corporation Limited
F:CIAH 		88.9% €40.86 Billion
≈ $47.77 Billion 		€4.55 Billion Germany Mar 2026
23546 China Eastern Airlines Corp Ltd
SHG:600115 		88.9% CN¥40.86 Billion
≈ $5.98 Billion 		CN¥4.55 Billion China Mar 2026
23547 Pursuit Attractions and Hospitality, Inc.
NYSE:PRSU 		88.9% $688.78 Million $76.73 Million USA Sep 2025
23548 Ningbo Tip Rubber Technology Co Ltd
SHG:605255 		88.9% CN¥806.92 Million
≈ $118.08 Million 		CN¥89.91 Million China Sep 2025
23549 Red Avenue New Materials Group Co Ltd
SHG:603650 		88.9% CN¥3.64 Billion
≈ $532.79 Million 		CN¥405.81 Million China Sep 2025
23550 Guangdong Dongpeng Holdings
SHE:003012 		88.9% CN¥7.62 Billion
≈ $1.12 Billion 		CN¥849.57 Million China Sep 2025
23551 Zhejiang Starry Pharm Co Ltd
SHG:603520 		88.9% CN¥2.58 Billion
≈ $377.72 Million 		CN¥287.80 Million China Mar 2026
23552 Xinjiang Tianye Co Ltd
SHG:600075 		88.8% CN¥9.19 Billion
≈ $1.34 Billion 		CN¥1.03 Billion China Mar 2026
23553 Gencurix Inc
KQ:229000 		88.8% ₩9.20 Billion
≈ $6.23 Million 		₩1.03 Billion Korea Sep 2025
23554 Ferguson Plc
LSE:FERG 		88.8% GBX5.83 Billion
≈ $709.18K 		GBX651.34 Million UK Mar 2026
23555 Wolfspeed, Inc.
NASDAQ:WOLF 		88.8% $212.70 Million $23.80 Million USA Mar 2025
23556 Guangdong Marubi Biotechnology Co
SHG:603983 		88.8% CN¥3.49 Billion
≈ $511.07 Million 		CN¥390.93 Million China Mar 2026
23557 Songcheng Performance Develop
SHE:300144 		88.8% CN¥8.14 Billion
≈ $1.19 Billion 		CN¥912.03 Million China Mar 2026
23558 Jiangsu Safety Wire Rope
SHG:603028 		88.8% CN¥352.16 Million
≈ $51.53 Million 		CN¥39.46 Million China Mar 2026
23559 Weltrend Semiconductor Inc
TW:2436 		88.8% NT$4.35 Billion
≈ $137.15 Million 		NT$487.84 Million Taiwan Mar 2026
23560 Northern Technologies
NASDAQ:NTIC 		88.8% $76.68 Million $8.59 Million USA Nov 2025
23561 Beijing UniStrong Science & Technology Co Ltd
SHE:002383 		88.8% CN¥1.54 Billion
≈ $224.68 Million 		CN¥172.12 Million China Mar 2026
23562 China Tungsten and Hightech Materials Co Ltd
SHE:000657 		88.8% CN¥11.59 Billion
≈ $1.70 Billion 		CN¥1.30 Billion China Mar 2026
23563 Elopak AS
OL:ELO 		88.8% Nkr369.30 Million
≈ $38.86 Million 		Nkr41.41 Million Norway Mar 2026
23564 Roo Hsing Co Ltd
TW:4414 		88.8% NT$4.28 Billion
≈ $134.75 Million 		NT$479.67 Million Taiwan Sep 2025
23565 FirstCash Inc
NASDAQ:FCFS 		88.8% $2.20 Billion $246.72 Million USA Sep 2025
23566 Mahindra & Mahindra Limited
NSE:M&M 		88.8% Rs1.09 Trillion
≈ $11.84 Billion 		Rs122.84 Billion India Mar 2026
23567 Kap Industrial Holdings Ltd
JSE:KAP 		88.8% ZAC13.15 Billion
≈ $6.99 Million 		ZAC1.48 Billion South Africa Dec 2025
23568 Shanxi Zhendong Pharmaceutical
SHE:300158 		88.8% CN¥3.63 Billion
≈ $530.99 Million 		CN¥407.29 Million China Sep 2025
23569 Opera Limited
F:2V8 		88.8% €988.98 Million
≈ $1.16 Billion 		€111.06 Million Germany Mar 2026
23570 Opera Ltd
NASDAQ:OPRA 		88.8% $988.98 Million $111.06 Million USA Mar 2026
23571 C-Rad AB (publ)
ST:CRAD-B 		88.8% Skr347.20 Million
≈ $37.36 Million 		Skr39.00 Million Sweden Dec 2025
23572 ANSYS Inc
NASDAQ:ANSS 		88.8% $6.18 Billion $694.24 Million USA Mar 2025
23573 Sichuan Dowell Science and Technology Inc
SHE:300535 		88.8% CN¥994.53 Million
≈ $145.53 Million 		CN¥111.73 Million China Mar 2026
23574 Shanghai Haohai Biological Tech Co
SHG:688366 		88.8% CN¥5.88 Billion
≈ $861.07 Million 		CN¥661.13 Million China Sep 2025
23575 Martin Midstream Partners LP
NASDAQ:MMLP 		88.8% $163.79 Million $18.41 Million USA Mar 2019
23576 EPAM Systems Inc
NYSE:EPAM 		88.8% $3.43 Billion $385.73 Million USA Mar 2026
23577 Sopra Steria Group SA
PA:SOP 		88.8% €2.03 Billion
≈ $2.37 Billion 		€228.20 Million France Jun 2025
23578 Beforepay Group Ltd
AU:B4P 		88.8% AU$44.42 Million
≈ $31.43 Million 		AU$5.00 Million Australia Dec 2025
23579 DTR Automotive
KO:007340 		88.7% ₩2.58 Trillion
≈ $1.75 Billion 		₩290.48 Billion Korea Mar 2026
23580 Intermedia Capital Tbk
JK:MDIA 		88.7% Rp980.02 Billion
≈ $57.43 Million 		Rp110.29 Billion Indonesia Sep 2025
23581 Bear Electric Appliance Co Ltd
SHE:002959 		88.7% CN¥3.03 Billion
≈ $442.66 Million 		CN¥340.49 Million China Sep 2025
23582 Commercial Metals Company
NYSE:CMC 		88.7% $4.41 Billion $496.01 Million USA Feb 2026
23583 Northking Information Technology Co
SHE:002987 		88.7% CN¥2.91 Billion
≈ $426.22 Million 		CN¥327.88 Million China Sep 2025
23584 Predictive Oncology Inc
NASDAQ:POAI 		88.7% $1.97 Million $221.47K USA Sep 2024
23585 LegalZoom.com Inc
NASDAQ:LZ 		88.7% $146.91 Million $16.54 Million USA Mar 2026
23586 DongKoo Bio&Pharma Co. Ltd
KQ:006620 		88.7% ₩110.66 Billion
≈ $74.99 Million 		₩12.46 Billion Korea Sep 2025
23587 Gunawan Dianjaya Steel Tbk
JK:GDST 		88.7% Rp1.42 Trillion
≈ $83.27 Million 		Rp160.10 Billion Indonesia Sep 2025
23588 YANGTZE OPT.FIB.AND CAB.H
F:1YO 		88.7% €15.21 Billion
≈ $17.78 Billion 		€1.71 Billion Germany Jun 2025
23589 Barloworld Ltd
JSE:BAW 		88.7% ZAC17.38 Billion
≈ $9.24 Million 		ZAC1.96 Billion South Africa Sep 2025
23590 Frasers Group PLC
LSE:FRAS 		88.7% GBX2.39 Billion
≈ $291.30K 		GBX270.00 Million UK Oct 2025
23591 BANGCHAK CORP. -FGN- BA 1
F:7BP 		88.7% €84.14 Billion
≈ $98.37 Billion 		€9.49 Billion Germany Dec 2025
23592 Cngr Advanced Material Co Ltd
SHE:300919 		88.7% CN¥34.00 Billion
≈ $4.98 Billion 		CN¥3.84 Billion China Mar 2026
23593 Beijing SinoHytec Co. Ltd. A
SHG:688339 		88.7% CN¥2.64 Billion
≈ $386.79 Million 		CN¥298.30 Million China Jun 2025
23594 Guangdong Kingshine Electronic Tech
SHE:300903 		88.7% CN¥1.74 Billion
≈ $255.18 Million 		CN¥196.84 Million China Sep 2025
23595 Anhui Jiangnan Chemical Industry Co Ltd
SHE:002226 		88.7% CN¥11.81 Billion
≈ $1.73 Billion 		CN¥1.33 Billion China Mar 2026
23596 Dorsavi Ltd
AU:DVL 		88.7% AU$2.84 Million
≈ $2.01 Million 		AU$320.15K Australia Jun 2025
23597 IHH Healthcare Bhd
KLSE:5225 		88.7% RM34.10 Billion
≈ $8.56 Billion 		RM3.85 Billion Malaysia Dec 2025
23598 Rubicon Water Ltd
AU:RWL 		88.7% AU$57.10 Million
≈ $40.40 Million 		AU$6.45 Million Australia Dec 2025
23599 ITV PLC UNSP.ADR/10LS-10
F:IJ70 		88.7% €1.82 Billion
≈ $2.13 Billion 		€206.00 Million Germany Dec 2025
23600 S-ENJOY SERVICE GR.DL-01
F:78E 		88.7% €3.40 Billion
≈ $3.97 Billion 		€384.11 Million Germany Jun 2024