Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
87.6%
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.
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 |
|---|---|---|---|---|---|---|
| 23901 |
Zhejiang Tianyu Pharmaceutical Co Ltd
SHE:300702 |
87.8% |
CN¥3.72 Billion
≈ $544.40 Million |
CN¥455.58 Million | China | Sep 2025 |
| 23902 |
Casa de Bolsa Finamex S.A.B. de C.V
MX:FINAMEXO |
87.7% |
MX$2.42 Billion
≈ $139.42 Million |
MX$296.80 Million | Mexico | Mar 2026 |
| 23903 |
Arch Capital Group Ltd.
NASDAQ:ACGL |
87.7% | $24.19 Billion | $2.96 Billion | USA | Mar 2026 |
| 23904 |
HPI AG
MU:CEW3 |
87.7% |
€6.99 Million
≈ $8.17 Million |
€856.99K | Germany | Jun 2013 |
| 23905 |
Chongqing Sifang New Material Co. Ltd.
SHG:605122 |
87.7% |
CN¥2.02 Billion
≈ $294.90 Million |
CN¥247.23 Million | China | Jun 2025 |
| 23906 |
Jiangxi GETO New Materials Corporation Limited
SHE:300986 |
87.7% |
CN¥2.40 Billion
≈ $350.49 Million |
CN¥294.01 Million | China | Mar 2026 |
| 23907 |
Flughafen Zurich
SW:FHZN |
87.7% |
CHF3.15 Billion
≈ $3.98 Billion |
CHF386.90 Million | Switzerland | Dec 2025 |
| 23908 |
China CYTS Tours Holding Co Ltd
SHG:600138 |
87.7% |
CN¥8.59 Billion
≈ $1.26 Billion |
CN¥1.06 Billion | China | Sep 2025 |
| 23909 |
Everbright Digital Holding Limited Ordinary Shares
NASDAQ:EDHL |
87.7% | $2.08 Million | $255.96K | USA | Mar 2025 |
| 23910 |
Trina Solar Co Ltd
SHG:688599 |
87.7% |
CN¥25.61 Billion
≈ $3.75 Billion |
CN¥3.15 Billion | China | Mar 2026 |
| 23911 |
ZheJiang Haers Vacuum Containers Co Ltd
SHE:002615 |
87.7% |
CN¥1.69 Billion
≈ $248.03 Million |
CN¥208.49 Million | China | Sep 2025 |
| 23912 |
Renaissancere Holdings Ltd
NYSE:RNR |
87.7% | $18.56 Billion | $2.28 Billion | USA | Mar 2026 |
| 23913 |
Beijing Zhidemai Technology
SHE:300785 |
87.7% |
CN¥1.99 Billion
≈ $290.66 Million |
CN¥244.53 Million | China | Mar 2026 |
| 23914 |
NIIT LEARNING SYSTEMS LTD
NSE:NIITMTS |
87.7% |
Rs15.43 Billion
≈ $166.86 Million |
Rs1.90 Billion | India | Mar 2026 |
| 23915 |
Nkt A/S
NYSE:NRKBY |
87.7% | $2.19 Billion | $270.00 Million | USA | Mar 2026 |
| 23916 |
Loomis AB ser. B
ST:LOOMIS |
87.7% |
Skr12.97 Billion
≈ $1.40 Billion |
Skr1.60 Billion | Sweden | Mar 2026 |
| 23917 |
Guangdong VTR Bio-Tech Co Ltd
SHE:300381 |
87.7% |
CN¥2.61 Billion
≈ $382.29 Million |
CN¥321.73 Million | China | Mar 2026 |
| 23918 |
Nel ASA
OL:NEL |
87.7% |
Nkr4.89 Billion
≈ $514.40 Million |
Nkr602.13 Million | Norway | Jun 2025 |
| 23919 |
Generic Sweden publ AB
ST:GENI |
87.7% |
Skr66.59 Million
≈ $7.17 Million |
Skr8.20 Million | Sweden | Dec 2025 |
| 23920 |
Anpario Plc
LSE:ANP |
87.7% |
GBX40.96 Million
≈ $4.98K |
GBX5.05 Million | UK | Dec 2025 |
| 23921 |
Yorhe Fluid Intelligent Control Co Ltd
SHE:002795 |
87.7% |
CN¥460.25 Million
≈ $67.35 Million |
CN¥56.72 Million | China | Mar 2026 |
| 23922 |
Francotyp-Postalia Holding AG
F:FPH |
87.7% |
€50.61 Million
≈ $59.17 Million |
€6.24 Million | Germany | Jun 2025 |
| 23923 |
Henan Zhongfu Industrial Co Ltd
SHG:600595 |
87.7% |
CN¥17.85 Billion
≈ $2.61 Billion |
CN¥2.20 Billion | China | Mar 2026 |
| 23924 |
Gränges AB (publ)
ST:GRNG |
87.7% |
Skr10.82 Billion
≈ $1.16 Billion |
Skr1.33 Billion | Sweden | Mar 2026 |
| 23925 |
Interfor Corp
TO:IFP |
87.7% |
CA$1.22 Billion
≈ $884.41 Million |
CA$150.90 Million | Canada | Mar 2026 |
| 23926 |
Circle Internet Group, Inc.
NYSE:CRCL |
87.7% | $3.33 Billion | $411.15 Million | USA | Dec 2025 |
| 23927 |
Shenzhen Dvision Video Communica
SHE:300167 |
87.7% |
CN¥98.36 Million
≈ $14.39 Million |
CN¥12.14 Million | China | Sep 2025 |
| 23928 |
Akamai Technologies Inc
NASDAQ:AKAM |
87.7% | $4.98 Billion | $614.54 Million | USA | Dec 2025 |
| 23929 |
Beijing Cuiwei Tower Co Ltd
SHG:603123 |
87.7% |
CN¥1.63 Billion
≈ $238.23 Million |
CN¥201.03 Million | China | Mar 2026 |
| 23930 |
FGV Holdings Bhd
KLSE:5222 |
87.6% |
RM7.44 Billion
≈ $1.87 Billion |
RM918.89 Million | Malaysia | Jun 2025 |
| 23931 |
Selvas Ai Inc.
KQ:108860 |
87.6% |
₩262.09 Billion
≈ $177.61 Million |
₩32.40 Billion | Korea | Sep 2025 |
| 23932 |
Firan Technology Group Corporation
TO:FTG |
87.6% |
CA$98.94 Million
≈ $71.57 Million |
CA$12.25 Million | Canada | Feb 2026 |
| 23933 |
Clal Insurance Enterprises Holdings Ltd
TA:CLIS |
87.6% |
ILA10.91 Billion
≈ $29.26 Million |
ILA1.35 Billion | Israel | Dec 2025 |
| 23934 |
Wuhan Hanshang Group Co Ltd
SHG:600774 |
87.6% |
CN¥1.61 Billion
≈ $235.27 Million |
CN¥199.06 Million | China | Mar 2026 |
| 23935 |
Rieter Holding AG
SW:RIEN |
87.6% |
CHF780.60 Million
≈ $986.89 Million |
CHF96.70 Million | Switzerland | Dec 2025 |
| 23936 |
Q2 Holdings
NYSE:QTWO |
87.6% | $611.68 Million | $75.78 Million | USA | Mar 2026 |
| 23937 |
Watches Of Switzerland Group PLC
LSE:WOSG |
87.6% |
GBX585.10 Million
≈ $71.19K |
GBX72.50 Million | UK | Oct 2025 |
| 23938 |
YOUZU Interactive Co Ltd
SHE:002174 |
87.6% |
CN¥4.96 Billion
≈ $725.48 Million |
CN¥614.50 Million | China | Sep 2025 |
| 23939 |
Top Win International Limited
NASDAQ:SORA |
87.6% | $2.80 Million | $347.26K | USA | Mar 2026 |
| 23940 |
Latrobe Magnesium Ltd
AU:LMG |
87.6% |
AU$56.96 Million
≈ $40.31 Million |
AU$7.06 Million | Australia | Dec 2025 |
| 23941 |
Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A
SHG:688565 |
87.6% |
CN¥490.09 Million
≈ $71.72 Million |
CN¥60.77 Million | China | Jun 2025 |
| 23942 |
Biosyent Inc.
V:RX |
87.6% |
CA$39.90 Million
≈ $28.87 Million |
CA$4.95 Million | Canada | Sep 2025 |
| 23943 |
Ditas Dogan Yedek Parca Imalat ve Teknik AS
IS:DITAS |
87.6% |
TL1.15 Billion
≈ $25.70 Million |
TL142.35 Million | Turkey | Mar 2026 |
| 23944 |
SCI Electric Public Company Limited
BK:SCI |
87.6% |
฿700.50 Million
≈ $21.83 Million |
฿86.94 Million | Thailand | Sep 2025 |
| 23945 |
Humanwell Healthcare Group Co Ltd
SHG:600079 |
87.6% |
CN¥21.41 Billion
≈ $3.13 Billion |
CN¥2.66 Billion | China | Jun 2025 |
| 23946 |
NanoVibronix Inc
NASDAQ:NAOV |
87.6% | $42.46 Million | $5.28 Million | USA | Sep 2025 |
| 23947 |
Chongqing Lummy Pharmaceutical
SHE:300006 |
87.6% |
CN¥1.85 Billion
≈ $271.01 Million |
CN¥230.06 Million | China | Sep 2025 |
| 23948 |
Globrands Group Ltd
TA:GLRS |
87.6% |
ILA75.79 Million
≈ $203.18K |
ILA9.43 Million | Israel | Dec 2025 |
| 23949 |
Southern Missouri Bancorp Inc
NASDAQ:SMBC |
87.6% | $573.53 Million | $71.33 Million | USA | Mar 2026 |
| 23950 |
Ambev S.A.
F:AMNA |
87.6% |
€88.77 Billion
≈ $103.79 Billion |
€11.04 Billion | Germany | Dec 2025 |
| 23951 |
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812 |
87.6% |
CN¥1.85 Billion
≈ $271.04 Million |
CN¥230.44 Million | China | Sep 2025 |
| 23952 |
TECSYS Inc.
TO:TCS |
87.6% |
CA$68.17 Million
≈ $49.31 Million |
CA$8.48 Million | Canada | Oct 2025 |
| 23953 |
Ibersol SGPS
LS:IBS |
87.6% |
€317.28 Million
≈ $370.93 Million |
€39.49 Million | Portugal | Sep 2025 |
| 23954 |
Enlight Renewable Energy Ltd
TA:ENLT |
87.6% |
ILA2.44 Billion
≈ $6.53 Million |
ILA303.32 Million | Israel | Mar 2026 |
| 23955 |
Nexalin Technology Inc.
NASDAQ:NXL |
87.6% | $2.89 Million | $359.31K | USA | Mar 2026 |
| 23956 |
Appotronics Corp Ltd
SHG:688007 |
87.5% |
CN¥2.25 Billion
≈ $329.97 Million |
CN¥280.86 Million | China | Mar 2026 |
| 23957 |
SHARP CORP. ADR/1 O.N.
F:SRPB |
87.5% |
€221.28 Billion
≈ $258.69 Billion |
€27.57 Billion | Germany | Sep 2025 |
| 23958 |
Seplat Petroleum Development Company PLC
LSE:SEPL |
87.5% |
GBX1.37 Billion
≈ $166.40K |
GBX170.48 Million | UK | Sep 2025 |
| 23959 |
Aether Holdings, Inc.
NASDAQ:ATHR |
87.5% | $3.37 Million | $420.28K | USA | Dec 2025 |
| 23960 |
Jiangsu Sanfangxiang Industry Co Ltd
SHG:600370 |
87.5% |
CN¥5.18 Billion
≈ $757.69 Million |
CN¥645.84 Million | China | Mar 2026 |
| 23961 |
An Hui Wenergy Co Ltd
SHE:000543 |
87.5% |
CN¥26.66 Billion
≈ $3.90 Billion |
CN¥3.33 Billion | China | Mar 2026 |
| 23962 |
Varonis Systems
NASDAQ:VRNS |
87.5% | $453.51 Million | $56.60 Million | USA | Mar 2026 |
| 23963 |
Sime Darby Plantation Bhd
KLSE:5285 |
87.5% |
RM20.77 Billion
≈ $5.21 Billion |
RM2.60 Billion | Malaysia | Jun 2025 |
| 23964 |
Schwager
SN:SCHWAGER |
87.5% |
CL$28.49 Billion
≈ $31.86 Million |
CL$3.56 Billion | Chile | Jun 2025 |
| 23965 |
Lotte Data Communication Company
KO:286940 |
87.5% |
₩451.80 Billion
≈ $306.18 Million |
₩56.49 Billion | Korea | Dec 2025 |
| 23966 |
Carrefour SA
PA:CA |
87.5% |
€11.67 Billion
≈ $13.64 Billion |
€1.46 Billion | France | Dec 2025 |
| 23967 |
CHINA SHENHUA EN.A ADR/4
F:IKFC |
87.5% |
€555.88 Billion
≈ $649.89 Billion |
€69.51 Billion | Germany | Mar 2026 |
| 23968 |
China Shenhua Energy Company Limited
F:IKF |
87.5% |
€555.88 Billion
≈ $649.89 Billion |
€69.51 Billion | Germany | Mar 2026 |
| 23969 |
MFO SA
WAR:MFO |
87.5% |
zł324.91 Million
≈ $89.42 Million |
zł40.63 Million | Poland | Mar 2026 |
| 23970 |
Skyworks Solutions Inc
NASDAQ:SWKS |
87.5% | $5.77 Billion | $721.60 Million | USA | Mar 2026 |
| 23971 |
Ircon International Limited
NSE:IRCON |
87.5% |
Rs66.71 Billion
≈ $721.41 Million |
Rs8.35 Billion | India | Mar 2026 |
| 23972 |
Northamber PLC
LSE:NAR |
87.5% |
GBX18.03 Million
≈ $2.19K |
GBX2.26 Million | UK | Jun 2025 |
| 23973 |
MacKenzie Realty Capital, Inc. Common Stock
NASDAQ:MKZR |
87.5% | $85.26 Million | $10.67 Million | USA | Mar 2026 |
| 23974 |
Cardio Diagnostics Holdings Inc
NASDAQ:CDIO |
87.5% | $6.97 Million | $873.18K | USA | Dec 2025 |
| 23975 |
Beijing Hanjian Heshan Pipeline Co Ltd
SHG:603616 |
87.5% |
CN¥212.83 Million
≈ $31.14 Million |
CN¥26.66 Million | China | Mar 2026 |
| 23976 |
Procore Technologies Inc
NYSE:PCOR |
87.5% | $1.20 Billion | $150.37 Million | USA | Mar 2026 |
| 23977 |
Aevis Victoria SA
SW:AEVS |
87.5% |
CHF588.42 Million
≈ $743.92 Million |
CHF73.75 Million | Switzerland | Jun 2025 |
| 23978 |
Kier Group PLC
LSE:KIE |
87.5% |
GBX517.20 Million
≈ $62.93K |
GBX64.90 Million | UK | Jun 2025 |
| 23979 |
Johnson Matthey PLC
LSE:JMAT |
87.5% |
GBX2.29 Billion
≈ $279.24K |
GBX288.00 Million | UK | Mar 2025 |
| 23980 |
INTERGRATED DIA.H DL 025
F:8I8 |
87.4% |
€3.55 Billion
≈ $4.15 Billion |
€445.83 Million | Germany | Jun 2024 |
| 23981 |
Jinling Hotel Corp Ltd
SHG:601007 |
87.4% |
CN¥2.38 Billion
≈ $347.63 Million |
CN¥298.29 Million | China | Sep 2025 |
| 23982 |
Manx Financial Group Plc
LSE:MFX |
87.4% |
GBX41.20 Million
≈ $5.01K |
GBX5.17 Million | UK | Jun 2025 |
| 23983 |
Manx Financial Group PLC
F:3IM |
87.4% |
€41.20 Million
≈ $48.17 Million |
€5.17 Million | Germany | Jun 2025 |
| 23984 |
Thryv Holdings Inc
NASDAQ:THRY |
87.4% | $221.08 Million | $27.77 Million | USA | Sep 2025 |
| 23985 |
Risen Energy
SHE:300118 |
87.4% |
CN¥8.28 Billion
≈ $1.21 Billion |
CN¥1.04 Billion | China | Mar 2026 |
| 23986 |
RoboTechnik Intelligent Technology Co Ltd
SHE:300757 |
87.4% |
CN¥1.62 Billion
≈ $237.57 Million |
CN¥204.04 Million | China | Mar 2026 |
| 23987 |
CITIC Heavy Industries Co Ltd
SHG:601608 |
87.4% |
CN¥9.44 Billion
≈ $1.38 Billion |
CN¥1.19 Billion | China | Sep 2025 |
| 23988 |
Jiangsu Feymer Technology Co Ltd
SHG:688350 |
87.4% |
CN¥1.51 Billion
≈ $221.16 Million |
CN¥190.07 Million | China | Sep 2025 |
| 23989 |
Tus-Design Group Co Ltd Class A
SHE:300500 |
87.4% |
CN¥1.02 Billion
≈ $149.71 Million |
CN¥128.67 Million | China | Mar 2026 |
| 23990 |
Jubilee Platinum
LSE:JLP |
87.4% |
GBX245.84 Million
≈ $29.91K |
GBX30.93 Million | UK | Jun 2025 |
| 23991 |
Oesterr. Post AG
VI:POST |
87.4% |
€767.60 Million
≈ $897.41 Million |
€96.60 Million | Austria | Dec 2025 |
| 23992 |
Iterum Therapeutics PLC
NASDAQ:ITRM |
87.4% | $3.43 Million | $432.00K | USA | Sep 2023 |
| 23993 |
Jiangxi Fushine Pharmaceutical Co Ltd
SHE:300497 |
87.4% |
CN¥2.27 Billion
≈ $332.03 Million |
CN¥285.64 Million | China | Mar 2026 |
| 23994 |
ENN Ecological Holdings Co Ltd
SHG:600803 |
87.4% |
CN¥61.70 Billion
≈ $9.03 Billion |
CN¥7.77 Billion | China | Sep 2025 |
| 23995 |
Shenghe Resources Holding Co Ltd
SHG:600392 |
87.4% |
CN¥14.31 Billion
≈ $2.09 Billion |
CN¥1.80 Billion | China | Mar 2026 |
| 23996 |
Guerbet S. A.
PA:GBT |
87.4% |
€260.08 Million
≈ $304.06 Million |
€32.76 Million | France | Dec 2025 |
| 23997 |
Ningbo Shuanglin Auto Parts
SHE:300100 |
87.4% |
CN¥3.08 Billion
≈ $450.47 Million |
CN¥387.79 Million | China | Sep 2025 |
| 23998 |
Zhejiang Merit Interactive Network Technology Co Ltd Class A
SHE:300766 |
87.4% |
CN¥1.58 Billion
≈ $231.20 Million |
CN¥199.05 Million | China | Sep 2025 |
| 23999 |
Dogu Aras Enerji Yatirimlari AS
IS:ARASE |
87.4% |
TL12.70 Billion
≈ $284.36 Million |
TL1.60 Billion | Turkey | Jun 2024 |
| 24000 |
Goodwin PLC
LSE:GDWN |
87.4% |
GBX142.21 Million
≈ $17.30K |
GBX17.92 Million | UK | Apr 2025 |