Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
87.7%
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 |
|---|---|---|---|---|---|---|
| 24001 |
Zhende Medical Co Ltd
SHG:603301 |
87.9% |
CN¥6.00 Billion
≈ $877.69 Million |
CN¥727.75 Million | China | Mar 2026 |
| 24002 |
Sirius XM Holding Inc
NASDAQ:SIRI |
87.9% | $11.73 Billion | $1.42 Billion | USA | Mar 2026 |
| 24003 |
Montnets Cloud Technology Group Co Ltd
SHE:002123 |
87.9% |
CN¥1.59 Billion
≈ $231.97 Million |
CN¥192.43 Million | China | Mar 2026 |
| 24004 |
CoAsia Corporation
KQ:045970 |
87.9% |
₩125.83 Billion
≈ $85.27 Million |
₩15.28 Billion | Korea | Sep 2025 |
| 24005 |
Guangdong Xiongsu Technology Group Co Ltd
SHE:300599 |
87.9% |
CN¥1.98 Billion
≈ $290.12 Million |
CN¥240.80 Million | China | Sep 2025 |
| 24006 |
Guardant Health Inc
NASDAQ:GH |
87.9% | $68.28 Million | $8.29 Million | USA | Mar 2024 |
| 24007 |
Aryzta AG
SW:ARYN |
87.9% |
CHF553.57 Million
≈ $699.86 Million |
CHF67.25 Million | Switzerland | Oct 2025 |
| 24008 |
Tianshan Aluminum Group Co Ltd
SHE:002532 |
87.8% |
CN¥31.31 Billion
≈ $4.58 Billion |
CN¥3.81 Billion | China | Mar 2026 |
| 24009 |
Frontier Group Holdings Inc
NASDAQ:ULCC |
87.8% | $222.00 Million | $27.00 Million | USA | Mar 2026 |
| 24010 |
Severn Trent PLC
LSE:SVT |
87.8% |
GBX1.84 Billion
≈ $224.00K |
GBX224.00 Million | UK | Mar 2026 |
| 24011 |
Tarczynski S.A.
WAR:TAR |
87.8% |
zł780.42 Million
≈ $214.78 Million |
zł94.99 Million | Poland | Mar 2026 |
| 24012 |
Boozt AB
ST:BOOZT |
87.8% |
Skr2.79 Billion
≈ $300.57 Million |
Skr340.00 Million | Sweden | Dec 2025 |
| 24013 |
Balchem Corporation
NASDAQ:BCPC |
87.8% | $1.29 Billion | $156.46 Million | USA | Mar 2026 |
| 24014 |
Alankit Limited
NSE:ALANKIT |
87.8% |
Rs3.30 Billion
≈ $35.68 Million |
Rs401.74 Million | India | Sep 2025 |
| 24015 |
The Bank of New York Mellon Corporation
NYSE:BK |
87.8% | $45.32 Billion | $5.52 Billion | USA | Mar 2026 |
| 24016 |
Hengli Petrochemical Co Ltd
SHG:600346 |
87.8% |
CN¥70.72 Billion
≈ $10.35 Billion |
CN¥8.61 Billion | China | Mar 2026 |
| 24017 |
JCHX Mining Management Co Ltd
SHG:603979 |
87.8% |
CN¥10.62 Billion
≈ $1.55 Billion |
CN¥1.29 Billion | China | Sep 2025 |
| 24018 |
YY Inc Class A
NASDAQ:YY |
87.8% | $4.76 Billion | $580.37 Million | USA | Dec 2024 |
| 24019 |
Navigator Global Investments Ltd
AU:NGI |
87.8% |
AU$795.86 Million
≈ $563.12 Million |
AU$97.05 Million | Australia | Dec 2025 |
| 24020 |
Airgain Inc
NASDAQ:AIRG |
87.8% | $29.73 Million | $3.63 Million | USA | Sep 2025 |
| 24021 |
Ollie's Bargain Outlet Hldg
NASDAQ:OLLI |
87.8% | $1.89 Billion | $230.56 Million | USA | Apr 2026 |
| 24022 |
SIS LIMITED
NSE:SIS |
87.8% |
Rs25.45 Billion
≈ $275.26 Million |
Rs3.11 Billion | India | Mar 2026 |
| 24023 |
CBAK ENERGY TECH. NEW
F:B6JA |
87.8% |
€102.21 Million
≈ $119.49 Million |
€12.47 Million | Germany | Mar 2026 |
| 24024 |
CBAK Energy Technology Inc
NASDAQ:CBAT |
87.8% | $102.21 Million | $12.47 Million | USA | Mar 2026 |
| 24025 |
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415 |
87.8% |
CN¥3.40 Billion
≈ $497.63 Million |
CN¥415.12 Million | China | Mar 2026 |
| 24026 |
SYoung Group Co Ltd
SHE:300740 |
87.8% |
CN¥2.27 Billion
≈ $332.76 Million |
CN¥277.64 Million | China | Mar 2026 |
| 24027 |
iBio, Inc. Common Stock
NYSE MKT:IBIO |
87.8% | $56.04 Million | $6.84 Million | USA | Sep 2025 |
| 24028 |
Panagene Inc
KQ:046210 |
87.8% |
₩77.27 Billion
≈ $52.36 Million |
₩9.44 Billion | Korea | Sep 2025 |
| 24029 |
WEBTOON Entertainment Inc. Common stock
NASDAQ:WBTN |
87.8% | $1.24 Billion | $150.92 Million | USA | Mar 2026 |
| 24030 |
Servyou Software Group Co Ltd
SHG:603171 |
87.8% |
CN¥2.58 Billion
≈ $378.14 Million |
CN¥315.75 Million | China | Mar 2026 |
| 24031 |
MicroPort Scientific Corporation
F:MSK |
87.8% |
€1.50 Billion
≈ $1.75 Billion |
€183.31 Million | Germany | Dec 2025 |
| 24032 |
Lier Chemical Co Ltd
SHE:002258 |
87.8% |
CN¥9.39 Billion
≈ $1.37 Billion |
CN¥1.15 Billion | China | Mar 2026 |
| 24033 |
Koc Holding AS
IS:KCHOL |
87.8% |
TL1.04 Trillion
≈ $23.29 Billion |
TL127.11 Billion | Turkey | Sep 2025 |
| 24034 |
Scope Fluidics SA
WAR:SCP |
87.8% |
zł115.43 Million
≈ $31.77 Million |
zł14.11 Million | Poland | Sep 2025 |
| 24035 |
Dalmia Bharat Limited
NSE:DALBHARAT |
87.8% |
Rs181.23 Billion
≈ $1.96 Billion |
Rs22.17 Billion | India | Mar 2026 |
| 24036 |
3R Games SA
WAR:3RG |
87.8% |
zł22.20 Million
≈ $6.11 Million |
zł2.72 Million | Poland | Mar 2026 |
| 24037 |
Kiora Pharmaceuticals Inc
NASDAQ:KPRX |
87.8% | $16.86 Million | $2.06 Million | USA | Jun 2026 |
| 24038 |
Accesso Technology Group PLC
LSE:ACSO |
87.8% |
GBX196.20 Million
≈ $23.87K |
GBX24.02 Million | UK | Dec 2025 |
| 24039 |
Zhejiang Wanfeng Chemical Co. Ltd. A
SHG:603172 |
87.8% |
CN¥1.11 Billion
≈ $163.03 Million |
CN¥136.42 Million | China | Mar 2026 |
| 24040 |
Dollarama Inc
TO:DOL |
87.8% |
CA$1.46 Billion
≈ $1.05 Billion |
CA$178.28 Million | Canada | Jan 2026 |
| 24041 |
Zhejiang Tianyu Pharmaceutical Co Ltd
SHE:300702 |
87.8% |
CN¥3.72 Billion
≈ $544.40 Million |
CN¥455.58 Million | China | Sep 2025 |
| 24042 |
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 |
| 24043 |
NXP Semiconductors NV
NASDAQ:NXPI |
87.7% | $11.76 Billion | $1.44 Billion | USA | Jun 2026 |
| 24044 |
Arch Capital Group Ltd.
NASDAQ:ACGL |
87.7% | $24.19 Billion | $2.96 Billion | USA | Mar 2026 |
| 24045 |
Huntington Ingalls Industries Inc
NYSE:HII |
87.7% | $5.31 Billion | $651.00 Million | USA | Jun 2026 |
| 24046 |
HPI AG
MU:CEW3 |
87.7% |
€6.99 Million
≈ $8.17 Million |
€856.99K | Germany | Jun 2013 |
| 24047 |
Chongqing Sifang New Material Co. Ltd.
SHG:605122 |
87.7% |
CN¥2.02 Billion
≈ $294.90 Million |
CN¥247.23 Million | China | Jun 2025 |
| 24048 |
Jiangxi GETO New Materials Corporation Limited
SHE:300986 |
87.7% |
CN¥2.40 Billion
≈ $350.49 Million |
CN¥294.01 Million | China | Mar 2026 |
| 24049 |
Flughafen Zurich
SW:FHZN |
87.7% |
CHF3.15 Billion
≈ $3.98 Billion |
CHF386.90 Million | Switzerland | Dec 2025 |
| 24050 |
Bangchak Corporation Public Company Limited
BK:BCP |
87.7% |
฿102.61 Billion
≈ $3.20 Billion |
฿12.61 Billion | Thailand | Jun 2026 |
| 24051 |
China CYTS Tours Holding Co Ltd
SHG:600138 |
87.7% |
CN¥8.59 Billion
≈ $1.26 Billion |
CN¥1.06 Billion | China | Sep 2025 |
| 24052 |
Everbright Digital Holding Limited Ordinary Shares
NASDAQ:EDHL |
87.7% | $2.08 Million | $255.96K | USA | Mar 2025 |
| 24053 |
Trina Solar Co Ltd
SHG:688599 |
87.7% |
CN¥25.61 Billion
≈ $3.75 Billion |
CN¥3.15 Billion | China | Mar 2026 |
| 24054 |
ZheJiang Haers Vacuum Containers Co Ltd
SHE:002615 |
87.7% |
CN¥1.69 Billion
≈ $248.03 Million |
CN¥208.49 Million | China | Sep 2025 |
| 24055 |
Grupo Herdez S.A.B. de C.V
MX:HERDEZ |
87.7% |
MX$26.87 Billion
≈ $1.55 Billion |
MX$3.31 Billion | Mexico | Jun 2026 |
| 24056 |
Renaissancere Holdings Ltd
NYSE:RNR |
87.7% | $18.56 Billion | $2.28 Billion | USA | Mar 2026 |
| 24057 |
Beijing Zhidemai Technology
SHE:300785 |
87.7% |
CN¥1.99 Billion
≈ $290.66 Million |
CN¥244.53 Million | China | Mar 2026 |
| 24058 |
NIIT LEARNING SYSTEMS LTD
NSE:NIITMTS |
87.7% |
Rs15.43 Billion
≈ $166.86 Million |
Rs1.90 Billion | India | Mar 2026 |
| 24059 |
Nkt A/S
NYSE:NRKBY |
87.7% | $2.19 Billion | $270.00 Million | USA | Mar 2026 |
| 24060 |
Loomis AB ser. B
ST:LOOMIS |
87.7% |
Skr12.97 Billion
≈ $1.40 Billion |
Skr1.60 Billion | Sweden | Mar 2026 |
| 24061 |
Guangdong VTR Bio-Tech Co Ltd
SHE:300381 |
87.7% |
CN¥2.61 Billion
≈ $382.29 Million |
CN¥321.73 Million | China | Mar 2026 |
| 24062 |
Generic Sweden publ AB
ST:GENI |
87.7% |
Skr66.59 Million
≈ $7.17 Million |
Skr8.20 Million | Sweden | Dec 2025 |
| 24063 |
Anpario Plc
LSE:ANP |
87.7% |
GBX40.96 Million
≈ $4.98K |
GBX5.05 Million | UK | Dec 2025 |
| 24064 |
Nexstar Broadcasting Group Inc
NASDAQ:NXST |
87.7% | $2.26 Billion | $279.00 Million | USA | Jun 2026 |
| 24065 |
Yorhe Fluid Intelligent Control Co Ltd
SHE:002795 |
87.7% |
CN¥460.25 Million
≈ $67.35 Million |
CN¥56.72 Million | China | Mar 2026 |
| 24066 |
Francotyp-Postalia Holding AG
F:FPH |
87.7% |
€50.61 Million
≈ $59.17 Million |
€6.24 Million | Germany | Jun 2025 |
| 24067 |
Shriram Pistons & Rings Limited
NSE:SHRIPISTON |
87.7% |
Rs30.18 Billion
≈ $326.41 Million |
Rs3.72 Billion | India | Mar 2026 |
| 24068 |
Inventrust Properties Corp
NYSE:IVT |
87.7% | $1.76 Billion | $217.59 Million | USA | Jun 2026 |
| 24069 |
Gränges AB (publ)
ST:GRNG |
87.7% |
Skr10.82 Billion
≈ $1.16 Billion |
Skr1.33 Billion | Sweden | Mar 2026 |
| 24070 |
Interfor Corp
TO:IFP |
87.7% |
CA$1.22 Billion
≈ $884.41 Million |
CA$150.90 Million | Canada | Mar 2026 |
| 24071 |
Circle Internet Group, Inc.
NYSE:CRCL |
87.7% | $3.33 Billion | $411.15 Million | USA | Dec 2025 |
| 24072 |
Shenzhen Dvision Video Communica
SHE:300167 |
87.7% |
CN¥98.36 Million
≈ $14.39 Million |
CN¥12.14 Million | China | Sep 2025 |
| 24073 |
Akamai Technologies Inc
NASDAQ:AKAM |
87.7% | $4.98 Billion | $614.54 Million | USA | Dec 2025 |
| 24074 |
Beijing Cuiwei Tower Co Ltd
SHG:603123 |
87.7% |
CN¥1.63 Billion
≈ $238.23 Million |
CN¥201.03 Million | China | Mar 2026 |
| 24075 |
FGV Holdings Bhd
KLSE:5222 |
87.6% |
RM7.44 Billion
≈ $1.87 Billion |
RM918.89 Million | Malaysia | Jun 2025 |
| 24076 |
Pioneerindo Gourmet International
JK:PTSP |
87.6% |
Rp207.32 Billion
≈ $12.15 Million |
Rp25.66 Billion | Indonesia | Jun 2026 |
| 24077 |
Wizz Air Holdings Plc
F:WI2 |
87.6% |
€928.40 Million
≈ $1.09 Billion |
€114.90 Million | Germany | Mar 2026 |
| 24078 |
Firan Technology Group Corporation
TO:FTG |
87.6% |
CA$98.94 Million
≈ $71.57 Million |
CA$12.25 Million | Canada | Feb 2026 |
| 24079 |
Wuhan Hanshang Group Co Ltd
SHG:600774 |
87.6% |
CN¥1.61 Billion
≈ $235.27 Million |
CN¥199.06 Million | China | Mar 2026 |
| 24080 |
Watches Of Switzerland Group PLC
LSE:WOSG |
87.6% |
GBX585.10 Million
≈ $71.19K |
GBX72.50 Million | UK | Oct 2025 |
| 24081 |
YOUZU Interactive Co Ltd
SHE:002174 |
87.6% |
CN¥4.96 Billion
≈ $725.48 Million |
CN¥614.50 Million | China | Sep 2025 |
| 24082 |
Multicampus Corporation
KQ:067280 |
87.6% |
₩230.57 Billion
≈ $156.25 Million |
₩28.58 Billion | Korea | Mar 2026 |
| 24083 |
Top Win International Limited
NASDAQ:SORA |
87.6% | $2.80 Million | $347.26K | USA | Mar 2026 |
| 24084 |
Latrobe Magnesium Ltd
AU:LMG |
87.6% |
AU$56.96 Million
≈ $40.31 Million |
AU$7.06 Million | Australia | Dec 2025 |
| 24085 |
Biosyent Inc.
V:RX |
87.6% |
CA$39.90 Million
≈ $28.87 Million |
CA$4.95 Million | Canada | Sep 2025 |
| 24086 |
Ditas Dogan Yedek Parca Imalat ve Teknik AS
IS:DITAS |
87.6% |
TL1.15 Billion
≈ $25.70 Million |
TL142.35 Million | Turkey | Mar 2026 |
| 24087 |
Freightcar America Inc
NASDAQ:RAIL |
87.6% | $36.20 Million | $4.49 Million | USA | Jun 2026 |
| 24088 |
SCI Electric Public Company Limited
BK:SCI |
87.6% |
฿700.50 Million
≈ $21.83 Million |
฿86.94 Million | Thailand | Sep 2025 |
| 24089 |
OMER S.P.A. O.N.
F:9WR |
87.6% |
€72.72 Million
≈ $85.01 Million |
€9.03 Million | Germany | Dec 2025 |
| 24090 |
NanoVibronix Inc
NASDAQ:NAOV |
87.6% | $42.46 Million | $5.28 Million | USA | Sep 2025 |
| 24091 |
Chongqing Lummy Pharmaceutical
SHE:300006 |
87.6% |
CN¥1.85 Billion
≈ $271.01 Million |
CN¥230.06 Million | China | Sep 2025 |
| 24092 |
Wah Seong Corporation Bhd
KLSE:5142 |
87.6% |
RM1.14 Billion
≈ $287.04 Million |
RM142.16 Million | Malaysia | Mar 2026 |
| 24093 |
Ambev S.A.
F:AMNA |
87.6% |
€88.77 Billion
≈ $103.79 Billion |
€11.04 Billion | Germany | Dec 2025 |
| 24094 |
TransAlta Corp
TO:TA |
87.6% |
CA$1.85 Billion
≈ $1.34 Billion |
CA$230.00 Million | Canada | Jun 2026 |
| 24095 |
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 |
| 24096 |
TECSYS Inc.
TO:TCS |
87.6% |
CA$68.17 Million
≈ $49.31 Million |
CA$8.48 Million | Canada | Oct 2025 |
| 24097 |
Ibersol SGPS
LS:IBS |
87.6% |
€317.28 Million
≈ $370.93 Million |
€39.49 Million | Portugal | Sep 2025 |
| 24098 |
Enlight Renewable Energy Ltd
TA:ENLT |
87.6% |
ILA2.44 Billion
≈ $6.53 Million |
ILA303.32 Million | Israel | Mar 2026 |
| 24099 |
Nexalin Technology Inc.
NASDAQ:NXL |
87.6% | $2.89 Million | $359.31K | USA | Mar 2026 |
| 24100 |
Appotronics Corp Ltd
SHG:688007 |
87.5% |
CN¥2.25 Billion
≈ $329.97 Million |
CN¥280.86 Million | China | Mar 2026 |