Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
88.9%
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 |
|---|---|---|---|---|---|---|
| 23601 |
Hind Rectifiers Limited
NSE:HIRECT |
89.0% |
Rs1.90 Billion
≈ $20.57 Million |
Rs208.38 Million | India | Sep 2025 |
| 23602 |
OY Nofar Energy Ltd
TA:NOFR |
89.0% |
ILA2.55 Billion
≈ $6.83 Million |
ILA279.12 Million | Israel | Mar 2026 |
| 23603 |
Nantong Jiangshan Agrochemical & Chemicals Co Ltd
SHG:600389 |
89.0% |
CN¥4.37 Billion
≈ $638.81 Million |
CN¥478.46 Million | China | Sep 2025 |
| 23604 |
Wanhua Chemical Group Co Ltd
SHG:600309 |
89.0% |
CN¥116.33 Billion
≈ $17.02 Billion |
CN¥12.75 Billion | China | Sep 2025 |
| 23605 |
Barunson Co. Ltd
KQ:018700 |
89.0% |
₩32.80 Billion
≈ $22.23 Million |
₩3.60 Billion | Korea | Sep 2025 |
| 23606 |
NOTE AB
ST:NOTE |
89.0% |
Skr1.83 Billion
≈ $197.04 Million |
Skr201.00 Million | Sweden | Jun 2026 |
| 23607 |
EASYJET PLC SP.ADR NEW/4
F:EJTS |
89.0% |
€3.50 Billion
≈ $4.09 Billion |
€384.00 Million | Germany | Sep 2025 |
| 23608 |
Will Semiconductor Co Ltd
SHG:603501 |
89.0% |
CN¥33.01 Billion
≈ $4.83 Billion |
CN¥3.62 Billion | China | Mar 2026 |
| 23609 |
KHVATEC Co.Ltd
KQ:060720 |
89.0% |
₩271.36 Billion
≈ $183.90 Million |
₩29.81 Billion | Korea | Sep 2025 |
| 23610 |
Ultrapar Participações S.A
F:UGR |
89.0% |
€17.73 Billion
≈ $20.73 Billion |
€1.95 Billion | Germany | Dec 2025 |
| 23611 |
AGFA Gevaert NV
BR:AGFB |
89.0% |
€291.00 Million
≈ $340.21 Million |
€32.00 Million | Belgium | Sep 2025 |
| 23612 |
Lendlease Group
AU:LLC |
89.0% |
AU$5.57 Billion
≈ $3.94 Billion |
AU$612.00 Million | Australia | Dec 2025 |
| 23613 |
Netskope, Inc. Class A Common Stock
NASDAQ:NTSK |
89.0% | $194.53 Million | $21.40 Million | USA | Jan 2026 |
| 23614 |
Laobaixing Pharmacy
SHG:603883 |
89.0% |
CN¥7.30 Billion
≈ $1.07 Billion |
CN¥803.06 Million | China | Mar 2026 |
| 23615 |
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 |
| 23616 |
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 |
| 23617 |
Applied DNA Sciences, Inc.
NASDAQ:BNBX |
89.0% | $12.13 Million | $1.34 Million | USA | Mar 2026 |
| 23618 |
ZTO Express (Cayman) Inc
NYSE:ZTO |
89.0% | $62.88 Billion | $6.92 Billion | USA | Mar 2026 |
| 23619 |
Shenzhen Tianyuan Dic Info Tech
SHE:300047 |
89.0% |
CN¥3.38 Billion
≈ $494.12 Million |
CN¥371.67 Million | China | Mar 2026 |
| 23620 |
TaiMed Biologics
TWO:4147 |
89.0% |
NT$3.80 Billion
≈ $119.64 Million |
NT$418.04 Million | Taiwan | Mar 2026 |
| 23621 |
Arribatec Solutions ASA
OL:ARR |
89.0% |
Nkr265.47 Million
≈ $27.94 Million |
Nkr29.22 Million | Norway | Jun 2025 |
| 23622 |
Smartgroup Corporation Ltd
AU:SIQ |
89.0% |
AU$277.06 Million
≈ $196.04 Million |
AU$30.50 Million | Australia | Dec 2025 |
| 23623 |
SEVEN+I HLDGS UNSP.ADR1/2
F:S6MA |
89.0% |
€4.22 Trillion
≈ $4.93 Trillion |
€464.71 Billion | Germany | Aug 2024 |
| 23624 |
Aplicaciones y Tratamiento de Sistemas S.A.
MC:ATSI |
89.0% |
€43.67 Million
≈ $51.05 Million |
€4.81 Million | Spain | Jun 2025 |
| 23625 |
Komputronik S.A.
WAR:KOM |
89.0% |
zł247.34 Million
≈ $68.07 Million |
zł27.26 Million | Poland | Dec 2025 |
| 23626 |
Scana ASA
OL:SCANA |
89.0% |
Nkr608.80 Million
≈ $64.06 Million |
Nkr67.10 Million | Norway | Sep 2025 |
| 23627 |
Procore Technologies Inc
NYSE:PCOR |
89.0% | $1.28 Billion | $140.93 Million | USA | Jun 2026 |
| 23628 |
Keyware Technologies NV
BR:KEYW |
89.0% |
€30.19 Million
≈ $35.30 Million |
€3.33 Million | Belgium | Jun 2025 |
| 23629 |
Qiagen NV
NYSE:QGEN |
89.0% | $3.33 Billion | $367.49 Million | USA | Mar 2026 |
| 23630 |
Realites
PA:ALREA |
89.0% |
€50.03 Million
≈ $58.49 Million |
€5.52 Million | France | Jun 2024 |
| 23631 |
HBIS Co Ltd
SHE:000709 |
89.0% |
CN¥60.89 Billion
≈ $8.91 Billion |
CN¥6.72 Billion | China | Sep 2025 |
| 23632 |
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 |
| 23633 |
Cash Converters International
AU:CCV |
89.0% |
AU$253.41 Million
≈ $179.30 Million |
AU$27.97 Million | Australia | Dec 2025 |
| 23634 |
SK Discovery Co Ltd
KO:006120 |
89.0% |
₩7.04 Trillion
≈ $4.77 Billion |
₩776.91 Billion | Korea | Mar 2026 |
| 23635 |
Northann Corp.
NYSE MKT:NCL |
89.0% | $9.01 Million | $994.93K | USA | Mar 2026 |
| 23636 |
Henan Huaying Agricultural Development Co Ltd
SHE:002321 |
89.0% |
CN¥1.44 Billion
≈ $211.31 Million |
CN¥159.47 Million | China | Sep 2025 |
| 23637 |
Enovix Corp
NASDAQ:ENVX |
89.0% | $297.10 Million | $32.83 Million | USA | Sep 2025 |
| 23638 |
Shenzhen Xfh Technology Co Ltd
SHE:300890 |
88.9% |
CN¥2.36 Billion
≈ $345.99 Million |
CN¥261.33 Million | China | Mar 2026 |
| 23639 |
Icandy Interactive Ltd
AU:ICI |
88.9% |
AU$66.96 Million
≈ $47.38 Million |
AU$7.40 Million | Australia | Dec 2024 |
| 23640 |
Vertex Resource Group Ltd
V:VTX |
88.9% |
CA$44.90 Million
≈ $32.48 Million |
CA$4.96 Million | Canada | Mar 2026 |
| 23641 |
China Animal Husbandry Industry Co Ltd
SHG:600195 |
88.9% |
CN¥6.69 Billion
≈ $978.42 Million |
CN¥739.15 Million | China | Sep 2025 |
| 23642 |
Xiamen Sunrise Wheel Group Co Ltd
SHE:002593 |
88.9% |
CN¥2.48 Billion
≈ $363.53 Million |
CN¥274.68 Million | China | Mar 2026 |
| 23643 |
Nanxing Furniture Machinery & Equipment Co Ltd
SHE:002757 |
88.9% |
CN¥2.03 Billion
≈ $296.57 Million |
CN¥224.12 Million | China | Sep 2025 |
| 23644 |
Fossil Group Inc
NASDAQ:FOSL |
88.9% | $83.17 Million | $9.20 Million | USA | Mar 2026 |
| 23645 |
TELENOR ASA SP.ADR/ O.N.
F:TEQA |
88.9% |
€80.97 Billion
≈ $94.66 Billion |
€8.96 Billion | Germany | Mar 2026 |
| 23646 |
SCOPE FLUIDICS SA ZY-10
F:S84 |
88.9% |
€162.43 Million
≈ $189.90 Million |
€17.97 Million | Germany | Dec 2025 |
| 23647 |
Xiangyu Medical Co. Ltd. A
SHG:688626 |
88.9% |
CN¥2.04 Billion
≈ $298.63 Million |
CN¥225.79 Million | China | Sep 2025 |
| 23648 |
Bibica Corp
VN:BBC |
88.9% |
₫1.56 Trillion
≈ $59.46 Million |
₫173.15 Billion | Vietnam | Sep 2025 |
| 23649 |
Aba Chemicals Corp
SHE:300261 |
88.9% |
CN¥1.93 Billion
≈ $281.95 Million |
CN¥213.20 Million | China | Mar 2026 |
| 23650 |
Saga Furs Oyj C
HE:SAGCV |
88.9% |
€83.78 Million
≈ $97.94 Million |
€9.27 Million | Finland | Apr 2025 |
| 23651 |
Tasfoods Ltd
AU:TFL |
88.9% |
AU$3.57 Million
≈ $2.53 Million |
AU$395.00K | Australia | Jun 2025 |
| 23652 |
Mgenplus Co. Ltd.
KQ:032790 |
88.9% |
₩28.72 Billion
≈ $19.46 Million |
₩3.18 Billion | Korea | Mar 2026 |
| 23653 |
Banco Bradesco S.A.
SA:BBDC3 |
88.9% |
R$180.29 Billion
≈ $35.38 Billion |
R$19.96 Billion | Brazil | Mar 2026 |
| 23654 |
Banco Bradesco S/A ADR
NYSE:BBDO |
88.9% | $34.53 Billion | $3.82 Billion | USA | Mar 2026 |
| 23655 |
Cashbil
JSE:CSB |
88.9% |
ZAC1.91 Billion
≈ $1.01 Million |
ZAC210.96 Million | South Africa | Dec 2025 |
| 23656 |
Salfacorp
SN:SALFACORP |
88.9% |
CL$559.16 Billion
≈ $625.33 Million |
CL$61.91 Billion | Chile | Mar 2026 |
| 23657 |
Lendingtree Inc
NASDAQ:TREE |
88.9% | $320.77 Million | $35.52 Million | USA | Jun 2026 |
| 23658 |
Pes Camanchaca
SN:CAMANCHACA |
88.9% |
CL$439.65 Million
≈ $491.68K |
CL$48.68 Million | Chile | Dec 2025 |
| 23659 |
FRESENIUS SE+CO. ADR 1/4
F:FREA |
88.9% |
€19.77 Billion
≈ $23.11 Billion |
€2.19 Billion | Germany | Dec 2025 |
| 23660 |
BP p.l.c
LSE:BP-A |
88.9% |
GBX74.00 Billion
≈ $9.00 Million |
GBX8.20 Billion | UK | Dec 2025 |
| 23661 |
BP p.l.c
LSE:BP-B |
88.9% |
GBX74.00 Billion
≈ $9.00 Million |
GBX8.20 Billion | UK | Dec 2025 |
| 23662 |
BP PLC
F:BPE |
88.9% |
€74.00 Billion
≈ $86.51 Billion |
€8.20 Billion | Germany | Dec 2025 |
| 23663 |
Bon Natural Life Ltd
NASDAQ:BON |
88.9% | $58.00 Million | $6.42 Million | USA | Dec 2025 |
| 23664 |
AGILYX ASA NK -02
F:5NQ |
88.9% |
€22.52 Million
≈ $26.33 Million |
€2.50 Million | Germany | Dec 2025 |
| 23665 |
Beijing Science Sun Pharmaceutical Co Ltd
SHE:300485 |
88.9% |
CN¥3.43 Billion
≈ $502.43 Million |
CN¥380.40 Million | China | Sep 2025 |
| 23666 |
China Railway Prefabricated Construction Co Ltd
SHE:300374 |
88.9% |
CN¥710.18 Million
≈ $103.92 Million |
CN¥78.69 Million | China | Mar 2026 |
| 23667 |
Bytes Technology Ltd
LSE:BYIT |
88.9% |
GBX81.12 Million
≈ $9.87K |
GBX8.99 Million | UK | Feb 2026 |
| 23668 |
Shapeways Holdings, Inc
NASDAQ:SHPWQ |
88.9% | $26.83 Million | $2.97 Million | USA | Dec 2023 |
| 23669 |
Lucas GC Limited Ordinary Shares
NASDAQ:LGCL |
88.9% | $314.31 Million | $34.84 Million | USA | Mar 2026 |
| 23670 |
Shanxi Antai Group Co Ltd
SHG:600408 |
88.9% |
CN¥1.21 Billion
≈ $177.21 Million |
CN¥134.24 Million | China | Mar 2026 |
| 23671 |
LXP Industrial Trust
NYSE:LXP |
88.9% | $2.00 Billion | $221.70 Million | USA | Mar 2026 |
| 23672 |
AmeriServ Financial Inc
NASDAQ:ASRV |
88.9% | $123.08 Million | $13.66 Million | USA | Jun 2026 |
| 23673 |
Ultrapar Participacoes SA ADR
NYSE:UGP |
88.9% | $3.72 Billion | $412.24 Million | USA | Mar 2026 |
| 23674 |
Ultrapar Participações S.A
SA:UGPA3 |
88.9% |
R$18.51 Billion
≈ $3.63 Billion |
R$2.05 Billion | Brazil | Mar 2026 |
| 23675 |
Minehub Technologies Inc
V:MHUB |
88.9% |
CA$1.12 Million
≈ $807.29K |
CA$123.84K | Canada | Oct 2025 |
| 23676 |
Vente Unique.com
PA:ALVU |
88.9% |
€46.78 Million
≈ $54.69 Million |
€5.19 Million | France | Sep 2025 |
| 23677 |
IMAX Corporation
F:IMA |
88.9% |
€428.34 Million
≈ $500.77 Million |
€47.56 Million | Germany | Mar 2026 |
| 23678 |
RYOHIN UNSP.ADR/1
F:3RKU |
88.9% |
€384.30 Billion
≈ $449.29 Billion |
€42.68 Billion | Germany | Feb 2026 |
| 23679 |
Shandong Lipeng Co Ltd
SHE:002374 |
88.9% |
CN¥471.92 Million
≈ $69.06 Million |
CN¥52.42 Million | China | Mar 2026 |
| 23680 |
IGNITIS GRUPE SP.GDR/1
F:IGV |
88.9% |
€2.49 Billion
≈ $2.92 Billion |
€277.20 Million | Germany | Dec 2025 |
| 23681 |
IGNITIS GRUPE AB EO 2233
F:IGV0 |
88.9% |
€2.49 Billion
≈ $2.92 Billion |
€277.20 Million | Germany | Dec 2025 |
| 23682 |
Cybin Inc. Common Stock
NYSE MKT:HELP |
88.9% | $375.87 Million | $41.77 Million | USA | Dec 2025 |
| 23683 |
Cybin Inc
NEO:CYBN |
88.9% |
CA$273.93 Million
≈ $198.16 Million |
CA$30.44 Million | Canada | Dec 2025 |
| 23684 |
Ferguson Plc
NYSE:FERG |
88.9% | $5.87 Billion | $653.00 Million | USA | Apr 2026 |
| 23685 |
Shanghai Kangda New Materials Co Ltd
SHE:002669 |
88.9% |
CN¥2.99 Billion
≈ $437.66 Million |
CN¥332.60 Million | China | Mar 2026 |
| 23686 |
Chocoladefabriken Lindt & Spruengli AG N
SW:LISN |
88.9% |
CHF4.96 Billion
≈ $6.27 Billion |
CHF551.30 Million | Switzerland | Dec 2025 |
| 23687 |
StoneCo Ltd
NASDAQ:STNE |
88.9% | $11.82 Billion | $1.31 Billion | USA | Mar 2026 |
| 23688 |
Carasso
TA:CRSO |
88.9% |
ILA2.25 Billion
≈ $6.03 Million |
ILA250.29 Million | Israel | Sep 2025 |
| 23689 |
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962 |
88.9% |
CN¥1.08 Billion
≈ $158.01 Million |
CN¥120.15 Million | China | Mar 2026 |
| 23690 |
Great Chinasoft Technology Co Ltd
SHE:002453 |
88.9% |
CN¥936.46 Million
≈ $137.03 Million |
CN¥104.23 Million | China | Sep 2025 |
| 23691 |
China Eastern Airlines Corp Ltd
SHG:600115 |
88.9% |
CN¥40.86 Billion
≈ $5.98 Billion |
CN¥4.55 Billion | China | Mar 2026 |
| 23692 |
China Eastern Airlines Corporation Limited
F:CIAH |
88.9% |
€40.86 Billion
≈ $47.77 Billion |
€4.55 Billion | Germany | Mar 2026 |
| 23693 |
Ningbo Tip Rubber Technology Co Ltd
SHG:605255 |
88.9% |
CN¥806.92 Million
≈ $118.08 Million |
CN¥89.91 Million | China | Sep 2025 |
| 23694 |
Guangdong Dongpeng Holdings
SHE:003012 |
88.9% |
CN¥7.62 Billion
≈ $1.12 Billion |
CN¥849.57 Million | China | Sep 2025 |
| 23695 |
Zhejiang Starry Pharm Co Ltd
SHG:603520 |
88.9% |
CN¥2.58 Billion
≈ $377.72 Million |
CN¥287.80 Million | China | Mar 2026 |
| 23696 |
Titan Wind Energy Suzhou
SHE:002531 |
88.8% |
CN¥9.83 Billion
≈ $1.44 Billion |
CN¥1.10 Billion | China | Mar 2026 |
| 23697 |
Xinjiang Tianye Co Ltd
SHG:600075 |
88.8% |
CN¥9.19 Billion
≈ $1.34 Billion |
CN¥1.03 Billion | China | Mar 2026 |
| 23698 |
Ferguson Plc
LSE:FERG |
88.8% |
GBX5.83 Billion
≈ $709.18K |
GBX651.34 Million | UK | Mar 2026 |
| 23699 |
Wolfspeed, Inc.
NASDAQ:WOLF |
88.8% | $212.70 Million | $23.80 Million | USA | Mar 2025 |
| 23700 |
Guangdong Marubi Biotechnology Co
SHG:603983 |
88.8% |
CN¥3.49 Billion
≈ $511.07 Million |
CN¥390.93 Million | China | Mar 2026 |