Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
88.7%
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 |
|---|---|---|---|---|---|---|
| 23701 |
Songcheng Performance Develop
SHE:300144 |
88.8% |
CN¥8.14 Billion
≈ $1.19 Billion |
CN¥912.03 Million | China | Mar 2026 |
| 23702 |
Jiangsu Safety Wire Rope
SHG:603028 |
88.8% |
CN¥352.16 Million
≈ $51.53 Million |
CN¥39.46 Million | China | Mar 2026 |
| 23703 |
Weltrend Semiconductor Inc
TW:2436 |
88.8% |
NT$4.35 Billion
≈ $137.15 Million |
NT$487.84 Million | Taiwan | Mar 2026 |
| 23704 |
Northern Technologies
NASDAQ:NTIC |
88.8% | $76.68 Million | $8.59 Million | USA | Nov 2025 |
| 23705 |
Beijing UniStrong Science & Technology Co Ltd
SHE:002383 |
88.8% |
CN¥1.54 Billion
≈ $224.68 Million |
CN¥172.12 Million | China | Mar 2026 |
| 23706 |
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 |
| 23707 |
Elopak AS
OL:ELO |
88.8% |
Nkr369.30 Million
≈ $38.86 Million |
Nkr41.41 Million | Norway | Mar 2026 |
| 23708 |
Roo Hsing Co Ltd
TW:4414 |
88.8% |
NT$4.28 Billion
≈ $134.75 Million |
NT$479.67 Million | Taiwan | Sep 2025 |
| 23709 |
Mahindra & Mahindra Limited
NSE:M&M |
88.8% |
Rs1.09 Trillion
≈ $11.84 Billion |
Rs122.84 Billion | India | Mar 2026 |
| 23710 |
Kap Industrial Holdings Ltd
JSE:KAP |
88.8% |
ZAC13.15 Billion
≈ $6.99 Million |
ZAC1.48 Billion | South Africa | Dec 2025 |
| 23711 |
Shanxi Zhendong Pharmaceutical
SHE:300158 |
88.8% |
CN¥3.63 Billion
≈ $530.99 Million |
CN¥407.29 Million | China | Sep 2025 |
| 23712 |
Opera Limited
F:2V8 |
88.8% |
€988.98 Million
≈ $1.16 Billion |
€111.06 Million | Germany | Mar 2026 |
| 23713 |
Opera Ltd
NASDAQ:OPRA |
88.8% | $988.98 Million | $111.06 Million | USA | Mar 2026 |
| 23714 |
C-Rad AB (publ)
ST:CRAD-B |
88.8% |
Skr347.20 Million
≈ $37.36 Million |
Skr39.00 Million | Sweden | Dec 2025 |
| 23715 |
ANSYS Inc
NASDAQ:ANSS |
88.8% | $6.18 Billion | $694.24 Million | USA | Mar 2025 |
| 23716 |
Sichuan Dowell Science and Technology Inc
SHE:300535 |
88.8% |
CN¥994.53 Million
≈ $145.53 Million |
CN¥111.73 Million | China | Mar 2026 |
| 23717 |
Shanghai Haohai Biological Tech Co
SHG:688366 |
88.8% |
CN¥5.88 Billion
≈ $861.07 Million |
CN¥661.13 Million | China | Sep 2025 |
| 23718 |
Graco Inc
NYSE:GGG |
88.8% | $2.52 Billion | $283.46 Million | USA | Jun 2026 |
| 23719 |
Martin Midstream Partners LP
NASDAQ:MMLP |
88.8% | $163.79 Million | $18.41 Million | USA | Mar 2019 |
| 23720 |
Sopra Steria Group SA
PA:SOP |
88.8% |
€2.03 Billion
≈ $2.37 Billion |
€228.20 Million | France | Jun 2025 |
| 23721 |
Applovin Corp
NASDAQ:APP |
88.8% | $3.16 Billion | $355.66 Million | USA | Jun 2026 |
| 23722 |
Beforepay Group Ltd
AU:B4P |
88.8% |
AU$44.42 Million
≈ $31.43 Million |
AU$5.00 Million | Australia | Dec 2025 |
| 23723 |
DTR Automotive
KO:007340 |
88.7% |
₩2.58 Trillion
≈ $1.75 Billion |
₩290.48 Billion | Korea | Mar 2026 |
| 23724 |
Intermedia Capital Tbk
JK:MDIA |
88.7% |
Rp980.02 Billion
≈ $57.43 Million |
Rp110.29 Billion | Indonesia | Sep 2025 |
| 23725 |
Bear Electric Appliance Co Ltd
SHE:002959 |
88.7% |
CN¥3.03 Billion
≈ $442.66 Million |
CN¥340.49 Million | China | Sep 2025 |
| 23726 |
Commercial Metals Company
NYSE:CMC |
88.7% | $4.41 Billion | $496.01 Million | USA | Feb 2026 |
| 23727 |
Predictive Oncology Inc
NASDAQ:POAI |
88.7% | $1.97 Million | $221.47K | USA | Sep 2024 |
| 23728 |
LegalZoom.com Inc
NASDAQ:LZ |
88.7% | $146.91 Million | $16.54 Million | USA | Mar 2026 |
| 23729 |
DongKoo Bio&Pharma Co. Ltd
KQ:006620 |
88.7% |
₩110.66 Billion
≈ $74.99 Million |
₩12.46 Billion | Korea | Sep 2025 |
| 23730 |
The Elmet Group Co. Common Stock
NASDAQ:ELMT |
88.7% | $61.01 Million | $6.87 Million | USA | Mar 2026 |
| 23731 |
Gunawan Dianjaya Steel Tbk
JK:GDST |
88.7% |
Rp1.42 Trillion
≈ $83.27 Million |
Rp160.10 Billion | Indonesia | Sep 2025 |
| 23732 |
YANGTZE OPT.FIB.AND CAB.H
F:1YO |
88.7% |
€15.21 Billion
≈ $17.78 Billion |
€1.71 Billion | Germany | Jun 2025 |
| 23733 |
Jiangsu Yawei Machine Tool Co Ltd
SHE:002559 |
88.7% |
CN¥1.77 Billion
≈ $258.46 Million |
CN¥199.12 Million | China | Mar 2026 |
| 23734 |
Barloworld Ltd
JSE:BAW |
88.7% |
ZAC17.38 Billion
≈ $9.24 Million |
ZAC1.96 Billion | South Africa | Sep 2025 |
| 23735 |
BANGCHAK CORP. -FGN- BA 1
F:7BP |
88.7% |
€84.14 Billion
≈ $98.37 Billion |
€9.49 Billion | Germany | Dec 2025 |
| 23736 |
Cngr Advanced Material Co Ltd
SHE:300919 |
88.7% |
CN¥34.00 Billion
≈ $4.98 Billion |
CN¥3.84 Billion | China | Mar 2026 |
| 23737 |
Beijing SinoHytec Co. Ltd. A
SHG:688339 |
88.7% |
CN¥2.64 Billion
≈ $386.79 Million |
CN¥298.30 Million | China | Jun 2025 |
| 23738 |
Savencia SA
PA:SAVE |
88.7% |
€1.94 Billion
≈ $2.27 Billion |
€219.43 Million | France | Dec 2025 |
| 23739 |
Anhui Jiangnan Chemical Industry Co Ltd
SHE:002226 |
88.7% |
CN¥11.81 Billion
≈ $1.73 Billion |
CN¥1.33 Billion | China | Mar 2026 |
| 23740 |
Dorsavi Ltd
AU:DVL |
88.7% |
AU$2.84 Million
≈ $2.01 Million |
AU$320.15K | Australia | Jun 2025 |
| 23741 |
IHH Healthcare Bhd
KLSE:5225 |
88.7% |
RM34.10 Billion
≈ $8.56 Billion |
RM3.85 Billion | Malaysia | Dec 2025 |
| 23742 |
Rubicon Water Ltd
AU:RWL |
88.7% |
AU$57.10 Million
≈ $40.40 Million |
AU$6.45 Million | Australia | Dec 2025 |
| 23743 |
ITV PLC UNSP.ADR/10LS-10
F:IJ70 |
88.7% |
€1.82 Billion
≈ $2.13 Billion |
€206.00 Million | Germany | Dec 2025 |
| 23744 |
KAP AG
F:IUR |
88.7% |
€47.34 Million
≈ $55.34 Million |
€5.35 Million | Germany | Dec 2025 |
| 23745 |
S-ENJOY SERVICE GR.DL-01
F:78E |
88.7% |
€3.40 Billion
≈ $3.97 Billion |
€384.11 Million | Germany | Jun 2024 |
| 23746 |
Shandong Gettop Acoustic Co Ltd
SHE:002655 |
88.7% |
CN¥766.14 Million
≈ $112.11 Million |
CN¥86.61 Million | China | Sep 2025 |
| 23747 |
Junhe Pumps Holding Co Ltd
SHG:603617 |
88.7% |
CN¥1.56 Billion
≈ $228.37 Million |
CN¥176.47 Million | China | Mar 2026 |
| 23748 |
Suzhou Goldengreen Technologies Ltd
SHE:002808 |
88.7% |
CN¥265.87 Million
≈ $38.91 Million |
CN¥30.08 Million | China | Mar 2026 |
| 23749 |
Qingdao Daneng Environmental Protection Equipment Co Ltd
SHG:688501 |
88.7% |
CN¥1.19 Billion
≈ $174.30 Million |
CN¥134.78 Million | China | Mar 2026 |
| 23750 |
Woongjin Thinkbig Co Ltd
KO:095720 |
88.7% |
₩246.99 Billion
≈ $167.38 Million |
₩27.95 Billion | Korea | Mar 2026 |
| 23751 |
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609 |
88.7% |
CN¥2.53 Billion
≈ $370.44 Million |
CN¥286.55 Million | China | Sep 2025 |
| 23752 |
East China Engineering Science and Technology Co Ltd
SHE:002140 |
88.7% |
CN¥5.47 Billion
≈ $799.73 Million |
CN¥618.62 Million | China | Mar 2026 |
| 23753 |
Seche Environnem.
PA:SCHP |
88.7% |
€876.19 Million
≈ $1.02 Billion |
€99.21 Million | France | Dec 2025 |
| 23754 |
InfuSystems Holdings Inc
NYSE MKT:INFU |
88.7% | $58.75 Million | $6.66 Million | USA | Mar 2026 |
| 23755 |
Hangzhou Biotest Biotech Co Ltd
SHG:688767 |
88.7% |
CN¥2.36 Billion
≈ $345.97 Million |
CN¥267.89 Million | China | Mar 2026 |
| 23756 |
Celadon Pharmaceuticals PLC
LSE:CEL |
88.7% |
GBX2.45 Million
≈ $298.46 |
GBX278.00K | UK | Jun 2024 |
| 23757 |
Clearview Wealth Ltd
AU:CVW |
88.7% |
AU$349.80 Million
≈ $247.51 Million |
AU$39.65 Million | Australia | Jun 2025 |
| 23758 |
Huaihe Energy Group Co Ltd
SHG:600575 |
88.7% |
CN¥26.14 Billion
≈ $3.83 Billion |
CN¥2.96 Billion | China | Mar 2026 |
| 23759 |
MONY Group plc
LSE:MONY |
88.7% |
GBX224.90 Million
≈ $27.36K |
GBX25.50 Million | UK | Dec 2025 |
| 23760 |
Doxa AB
ST:DOXA |
88.7% |
Skr2.07 Billion
≈ $222.94 Million |
Skr235.00 Million | Sweden | Sep 2025 |
| 23761 |
Marathon Petroleum Corp
NYSE:MPC |
88.7% | $23.43 Billion | $2.66 Billion | USA | Mar 2026 |
| 23762 |
Shenzhen Easttop Supply Chain Management Co Ltd
SHE:002889 |
88.7% |
CN¥2.61 Billion
≈ $381.72 Million |
CN¥295.98 Million | China | Sep 2025 |
| 23763 |
Ion Beam Applications SA
BR:IBAB |
88.7% |
€118.98 Million
≈ $139.10 Million |
€13.50 Million | Belgium | Jun 2025 |
| 23764 |
Telkom Indonesia (Persero) Tbk PT
JK:TLKM |
88.7% |
Rp155.01 Trillion
≈ $9.08 Billion |
Rp17.59 Trillion | Indonesia | Sep 2025 |
| 23765 |
Bonheur
OL:BONHR |
88.6% |
Nkr9.87 Billion
≈ $1.04 Billion |
Nkr1.12 Billion | Norway | Jun 2025 |
| 23766 |
SK Discovery Co Ltd
KO:006125 |
88.6% |
₩6.51 Trillion
≈ $4.41 Billion |
₩739.28 Billion | Korea | Jun 2025 |
| 23767 |
Haier Smart Home Co Ltd
XETRA:690D |
88.6% |
€126.45 Billion
≈ $147.84 Billion |
€14.37 Billion | Germany | Sep 2025 |
| 23768 |
SynBiotic SE
F:SBX |
88.6% |
€22.79 Million
≈ $26.64 Million |
€2.59 Million | Germany | Dec 2022 |
| 23769 |
Hunting PLC
LSE:HTG |
88.6% |
GBX885.62 Million
≈ $107.75K |
GBX100.64 Million | UK | Dec 2025 |
| 23770 |
Kaynes Technology India Limited
NSE:KAYNES |
88.6% |
Rs46.85 Billion
≈ $506.63 Million |
Rs5.32 Billion | India | Sep 2025 |
| 23771 |
Guangdong Wencan Die Casting Co Ltd
SHG:603348 |
88.6% |
CN¥3.89 Billion
≈ $569.71 Million |
CN¥442.62 Million | China | Mar 2026 |
| 23772 |
Stratasys Ltd
NASDAQ:SSYS |
88.6% | $842.90 Million | $95.84 Million | USA | Dec 2025 |
| 23773 |
Shanghai Datun Energy Resources Co Ltd
SHG:600508 |
88.6% |
CN¥12.63 Billion
≈ $1.85 Billion |
CN¥1.44 Billion | China | Mar 2026 |
| 23774 |
Aerodrome Group Ltd
TA:ARDM |
88.6% |
ILA6.68 Million
≈ $17.91K |
ILA760.00K | Israel | Dec 2025 |
| 23775 |
Hagerty Inc
NYSE:HGTY |
88.6% | $784.65 Million | $89.31 Million | USA | Jun 2026 |
| 23776 |
Shanghai Precise Packaging Co Ltd
SHE:300442 |
88.6% |
CN¥16.50 Billion
≈ $2.41 Billion |
CN¥1.88 Billion | China | Mar 2026 |
| 23777 |
Stella-Jones Inc.
TO:SJ |
88.6% |
CA$2.10 Billion
≈ $1.52 Billion |
CA$239.00 Million | Canada | Mar 2026 |
| 23778 |
Hainan Pearl River Holdings Co Ltd
SHE:000505 |
88.6% |
CN¥3.22 Billion
≈ $471.16 Million |
CN¥366.70 Million | China | Mar 2026 |
| 23779 |
HaiNan Pearl River Holdings Co Ltd Class B
SHE:200505 |
88.6% |
HK$3.22 Billion
≈ $411.02 Million |
HK$366.70 Million | China | Mar 2026 |
| 23780 |
Cochlear Ltd
AU:COH |
88.6% |
AU$1.95 Billion
≈ $1.38 Billion |
AU$222.20 Million | Australia | Jun 2025 |
| 23781 |
COCHLEAR LTD ADR 1/2/O.N.
F:OC50 |
88.6% |
€1.95 Billion
≈ $2.28 Billion |
€222.20 Million | Germany | Jun 2025 |
| 23782 |
Dien Quang JSC
VN:DQC |
88.6% |
₫790.46 Billion
≈ $30.03 Million |
₫90.12 Billion | Vietnam | Jun 2025 |
| 23783 |
Dazhong Transportation Group Co Ltd A
SHG:600611 |
88.6% |
CN¥10.65 Billion
≈ $1.56 Billion |
CN¥1.21 Billion | China | Sep 2025 |
| 23784 |
Good Times Restaurants Inc
NASDAQ:GTIM |
88.6% | $34.20 Million | $3.90 Million | USA | Mar 2026 |
| 23785 |
Shanghai Golden Bridge
SHG:603918 |
88.6% |
CN¥976.26 Million
≈ $142.86 Million |
CN¥111.37 Million | China | Mar 2026 |
| 23786 |
Q2 Holdings
NYSE:QTWO |
88.6% | $643.45 Million | $73.45 Million | USA | Jun 2026 |
| 23787 |
Guangdong Haomei New Material Co Lt
SHE:002988 |
88.6% |
CN¥2.72 Billion
≈ $397.62 Million |
CN¥310.22 Million | China | Sep 2025 |
| 23788 |
Xp Inc
NASDAQ:XP |
88.6% | $23.67 Billion | $2.70 Billion | USA | Sep 2025 |
| 23789 |
Amplitude Inc
NASDAQ:AMPL |
88.6% | $136.20 Million | $15.56 Million | USA | Jun 2026 |
| 23790 |
ForFarmers NV
AS:FFARM |
88.6% |
€438.40 Million
≈ $512.54 Million |
€50.10 Million | Netherlands | Dec 2025 |
| 23791 |
Fevertree Drinks Plc
LSE:FEVR |
88.6% |
GBX223.10 Million
≈ $27.14K |
GBX25.50 Million | UK | Dec 2025 |
| 23792 |
SHIMAO SERV.HLDGS HD-01
F:5GO |
88.6% |
€7.97 Billion
≈ $9.32 Billion |
€911.17 Million | Germany | Dec 2025 |
| 23793 |
HY Energy Group Co Ltd
SHG:600387 |
88.6% |
CN¥2.76 Billion
≈ $404.31 Million |
CN¥315.92 Million | China | Mar 2025 |
| 23794 |
Silverline Endustri ve Ticaret AS
IS:SILVR |
88.6% |
TL1.51 Billion
≈ $33.80 Million |
TL172.63 Million | Turkey | Mar 2025 |
| 23795 |
Zai Lab Ltd
NASDAQ:ZLAB |
88.6% | $661.98 Million | $75.76 Million | USA | Mar 2026 |
| 23796 |
Service Properties Trust
NASDAQ:SVC |
88.6% | $806.46 Million | $92.32 Million | USA | Jun 2026 |
| 23797 |
Acer Inc
TW:2353 |
88.5% |
NT$95.04 Billion
≈ $2.99 Billion |
NT$10.88 Billion | Taiwan | Sep 2025 |
| 23798 |
Yibin Tianyuan Group Co Ltd
SHE:002386 |
88.5% |
CN¥7.64 Billion
≈ $1.12 Billion |
CN¥875.19 Million | China | Sep 2025 |
| 23799 |
Lichen China Limited Class A Ordinary Shares
NASDAQ:LICN |
88.5% | $70.55 Million | $8.09 Million | USA | Mar 2026 |
| 23800 |
Schroders PLC
LSE:SDR |
88.5% |
GBX4.38 Billion
≈ $532.38K |
GBX501.70 Million | UK | Jun 2025 |