Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

85.7%
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
24601 Shandong Hongchuang Aluminum Industry Holding Co Ltd
SHE:002379 		85.9% CN¥1.79 Billion
≈ $261.96 Million 		CN¥252.40 Million China Sep 2025
24602 Guangdong Champion Asia Electronics Co Ltd
SHG:603386 		85.9% CN¥1.31 Billion
≈ $191.78 Million 		CN¥184.84 Million China Mar 2026
24603 Chunghwa Telecom Co Ltd
NYSE:CHT 		85.9% $411.34 Billion $58.03 Billion USA Mar 2026
24604 Trimegah Karya Pratama Tbk PT
JK:UVCR 		85.9% Rp103.62 Billion
≈ $6.07 Million 		Rp14.62 Billion Indonesia Dec 2025
24605 Momentum Metropolitan Holdings Ltd
JSE:MTM 		85.9% ZAC33.88 Billion
≈ $18.00 Million 		ZAC4.78 Billion South Africa Dec 2025
24606 LBG MEDIA PLC LS -001
F:S83 		85.9% €80.66 Million
≈ $94.30 Million 		€11.39 Million Germany Sep 2025
24607 NEL ASA ADR/30 NK -20
F:D7GA 		85.9% €3.77 Billion
≈ $4.41 Billion 		€532.48 Million Germany Mar 2026
24608 Anshan Senyuan Road Bridge
SHE:300210 		85.9% CN¥413.14 Million
≈ $60.46 Million 		CN¥58.34 Million China Sep 2025
24609 Personal Group Holdings PLC
LSE:PGH 		85.9% GBX36.81 Million
≈ $4.48K 		GBX5.20 Million UK Dec 2025
24610 HL Corp Shenzhen
SHE:002105 		85.9% CN¥864.09 Million
≈ $126.44 Million 		CN¥122.04 Million China Mar 2026
24611 China Aluminum International Engineering Corp Ltd
SHG:601068 		85.9% CN¥9.14 Billion
≈ $1.34 Billion 		CN¥1.29 Billion China Dec 2025
24612 China Aluminum International Engineering Corporation Limited
F:4AI 		85.9% €9.14 Billion
≈ $10.69 Billion 		€1.29 Billion Germany Dec 2025
24613 Capital One Financial Corporation
NYSE:COF 		85.9% $113.79 Billion $16.08 Billion USA Jun 2026
24614 Sinochem International Corp
SHG:600500 		85.9% CN¥16.93 Billion
≈ $2.48 Billion 		CN¥2.39 Billion China Sep 2025
24615 Hubei Heyuan Gas Co Ltd
SHE:002971 		85.9% CN¥2.11 Billion
≈ $309.23 Million 		CN¥298.80 Million China Mar 2026
24616 Escalade Incorporated
NASDAQ:ESCA 		85.9% $175.84 Million $24.86 Million USA Mar 2026
24617 Luxchem Corporation Bhd
KLSE:5143 		85.9% RM698.21 Million
≈ $175.30 Million 		RM98.76 Million Malaysia Jun 2026
24618 Enaex S.A
SN:ENAEX 		85.8% CL$1.10 Billion
≈ $1.23 Million 		CL$155.36 Million Chile Mar 2026
24619 Aristocrat Leisure Ltd
AU:ALL 		85.8% AU$6.56 Billion
≈ $4.64 Billion 		AU$927.90 Million Australia Sep 2025
24620 MicroPort Endovascular MedTech Ltd
SHG:688016 		85.8% CN¥4.24 Billion
≈ $620.35 Million 		CN¥599.98 Million China Mar 2026
24621 Capstone Holding Corp. Common Stock
NASDAQ:CAPS 		85.8% $12.42 Million $1.76 Million USA Jun 2026
24622 NORINCO International Cooperation Ltd
SHE:000065 		85.8% CN¥10.90 Billion
≈ $1.60 Billion 		CN¥1.54 Billion China Sep 2025
24623 ServiceTitan, Inc. Class A Common Stock
NASDAQ:TTAN 		85.8% $1.53 Billion $215.99 Million USA Jan 2026
24624 Shanghai Electric Group Co Ltd
SHG:601727 		85.8% CN¥79.15 Billion
≈ $11.58 Billion 		CN¥11.21 Billion China Sep 2025
24625 Willis Towers Watson PLC
NASDAQ:WTW 		85.8% $8.05 Billion $1.14 Billion USA Dec 2025
24626 Zhejiang Shapuaisi Pharmaceutical Co Ltd
SHG:603168 		85.8% CN¥1.62 Billion
≈ $236.85 Million 		CN¥229.38 Million China Sep 2025
24627 Chongqing Pharscin Pharmaceutical Co Ltd
SHE:002907 		85.8% CN¥1.71 Billion
≈ $250.23 Million 		CN¥242.40 Million China Sep 2025
24628 Ulusoy Un Sanayi ve Ticaret AS
IS:ULUUN 		85.8% TL16.50 Billion
≈ $369.66 Million 		TL2.34 Billion Turkey Mar 2026
24629 RCL Foods Ltd
JSE:RCL 		85.8% ZAC10.65 Billion
≈ $5.66 Million 		ZAC1.51 Billion South Africa Dec 2025
24630 Verkkokauppa.com Oyj
HE:VERK 		85.8% €30.83 Million
≈ $36.05 Million 		€4.37 Million Finland Jun 2025
24631 Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408 		85.8% CN¥11.08 Billion
≈ $1.62 Billion 		CN¥1.57 Billion China Mar 2026
24632 dentalcorp Holdings Ltd
TO:DNTL 		85.8% CA$1.77 Billion
≈ $1.28 Billion 		CA$251.60 Million Canada Sep 2025
24633 NEXANS ADR EO 1
F:NXS0 		85.8% €2.01 Billion
≈ $2.35 Billion 		€286.00 Million Germany Dec 2025
24634 Befesa SA
XETRA:BFSA 		85.8% €748.72 Million
≈ $875.34 Million 		€106.37 Million Germany Jun 2026
24635 Terveystalo Oy
HE:TTALO 		85.8% €544.80 Million
≈ $636.93 Million 		€77.40 Million Finland Jun 2025
24636 Biohaven Ltd.
NYSE:BHVN 		85.8% $129.50 Million $18.40 Million USA Mar 2026
24637 Tianjin Tianyao Pharmaceuticals Co Ltd
SHG:600488 		85.8% CN¥3.89 Billion
≈ $569.86 Million 		CN¥553.35 Million China Sep 2025
24638 Eenergy Group PLC
LSE:EAAS 		85.8% GBX4.07 Million
≈ $495.57 		GBX579.00K UK Jun 2025
24639 Rekah Pharmaceutical Industry Ltd
TA:REKA 		85.8% ILA141.54 Million
≈ $379.47K 		ILA20.12 Million Israel Mar 2026
24640 Omer-Decugis & Cie
PA:ALODC 		85.8% €37.62 Million
≈ $43.99 Million 		€5.35 Million France Sep 2025
24641 RTL Group SA
XETRA:RRTL 		85.8% €4.71 Billion
≈ $5.51 Billion 		€670.00 Million Germany Jun 2025
24642 RVRC Holding AB
ST:RVRC 		85.8% Skr1.29 Billion
≈ $138.39 Million 		Skr183.00 Million Sweden Mar 2026
24643 Ambow Education Holding Ltd
NYSE MKT:AMBO 		85.8% $8.62 Million $1.23 Million USA Jun 2025
24644 DL Holdings CO. LTD.
KO:000210 		85.8% ₩4.90 Trillion
≈ $3.32 Billion 		₩697.05 Billion Korea Sep 2025
24645 ARTS Group Co Ltd
SHG:603017 		85.8% CN¥1.50 Billion
≈ $219.43 Million 		CN¥213.46 Million China Sep 2025
24646 Van de Velde NV
BR:VAN 		85.8% €144.74 Million
≈ $169.21 Million 		€20.61 Million Belgium Jun 2025
24647 Lupin Limited
NSE:LUPIN 		85.8% Rs225.13 Billion
≈ $2.43 Billion 		Rs32.07 Billion India Mar 2026
24648 FARM FRESH BERHAD
KLSE:5306 		85.7% RM780.63 Million
≈ $195.99 Million 		RM111.24 Million Malaysia Sep 2025
24649 Vina Concha To
SN:CONCHATORO 		85.7% CL$885.39 Billion
≈ $990.17 Million 		CL$126.20 Billion Chile Mar 2026
24650 China Shenhua Energy Co
SHG:601088 		85.7% CN¥470.10 Billion
≈ $68.79 Billion 		CN¥67.01 Billion China Jun 2025
24651 Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153 		85.7% CN¥2.20 Billion
≈ $322.50 Million 		CN¥314.20 Million China Mar 2026
24652 Qingdao Huijintong Power
SHG:603577 		85.7% CN¥2.03 Billion
≈ $297.19 Million 		CN¥289.55 Million China Dec 2025
24653 Phinergy Ltd
TA:PNRG 		85.7% ILA60.13 Million
≈ $161.21K 		ILA8.58 Million Israel Dec 2025
24654 CTCI Corp
TW:9933 		85.7% NT$25.89 Billion
≈ $815.58 Million 		NT$3.69 Billion Taiwan Mar 2026
24655 Chapters Group AG
XETRA:CHG 		85.7% €285.03 Million
≈ $333.23 Million 		€40.66 Million Germany Jun 2025
24656 CK Power Public Company Limited
BK:CKP 		85.7% ฿43.02 Billion
≈ $1.34 Billion 		฿6.14 Billion Thailand Mar 2026
24657 Acrow Ltd
AU:ACF 		85.7% AU$148.10 Million
≈ $104.79 Million 		AU$21.15 Million Australia Dec 2025
24658 Blue Sail Medical Co Ltd
SHE:002382 		85.7% CN¥9.41 Billion
≈ $1.38 Billion 		CN¥1.34 Billion China Mar 2026
24659 Lendinvest PLC
LSE:LINV 		85.7% GBX64.40 Million
≈ $7.84K 		GBX9.20 Million UK Mar 2025
24660 XPO Logistics Inc
NYSE:XPO 		85.7% $1.96 Billion $280.00 Million USA Jun 2026
24661 Zim Laboratories Limited
NSE:ZIMLAB 		85.7% Rs2.51 Billion
≈ $27.18 Million 		Rs359.11 Million India Sep 2025
24662 NBI Bearings Europe S.A.
MC:NBI 		85.7% €17.95 Million
≈ $20.98 Million 		€2.57 Million Spain Jun 2025
24663 Hang Xiao Steel Structure Co Ltd
SHG:600477 		85.7% CN¥5.40 Billion
≈ $790.20 Million 		CN¥772.58 Million China Sep 2025
24664 Fujian Snowman Co Ltd
SHE:002639 		85.7% CN¥2.60 Billion
≈ $379.94 Million 		CN¥371.50 Million China Mar 2026
24665 PVP Ventures Limited
NSE:PVP 		85.7% Rs4.06 Billion
≈ $43.86 Million 		Rs580.53 Million India Mar 2026
24666 Wenzhou Hongfeng Electrical Alloy Co Ltd
SHE:300283 		85.7% CN¥1.18 Billion
≈ $173.02 Million 		CN¥169.27 Million China Sep 2025
24667 Yunnan Tin Co Ltd
SHE:000960 		85.7% CN¥21.11 Billion
≈ $3.09 Billion 		CN¥3.02 Billion China Sep 2025
24668 Zhejiang Orient Gene Biotech Co Ltd
SHG:688298 		85.7% CN¥6.49 Billion
≈ $950.10 Million 		CN¥930.15 Million China Sep 2025
24669 Les Enphants Co Ltd
TW:2911 		85.7% NT$247.52 Million
≈ $7.80 Million 		NT$35.46 Million Taiwan Sep 2025
24670 Cheil Worldwide
KO:030000 		85.7% ₩1.54 Trillion
≈ $1.04 Billion 		₩220.59 Billion Korea Mar 2026
24671 SoftBank Group Corp
F:SFTU 		85.7% €16.86 Trillion
≈ $19.71 Trillion 		€2.42 Trillion Germany Sep 2025
24672 Zhejiang Taotao Vehicles Co. Ltd. A
SHE:301345 		85.7% CN¥3.78 Billion
≈ $552.96 Million 		CN¥541.69 Million China Mar 2026
24673 Shapir Engineering Industry
TA:SPEN 		85.7% ILA3.92 Billion
≈ $10.51 Million 		ILA562.00 Million Israel Sep 2025
24674 Earlyworks Co., Ltd. American Depositary Shares
NASDAQ:ELWS 		85.7% $74.03 Million $10.62 Million USA Jul 2025
24675 Hub Group Inc
NASDAQ:HUBG 		85.7% $1.76 Billion $251.89 Million USA Sep 2025
24676 Nick Scali Ltd
AU:NCK 		85.6% AU$279.77 Million
≈ $197.96 Million 		AU$40.15 Million Australia Jun 2026
24677 Eutelsat Communications SA
PA:ETL 		85.6% €2.66 Billion
≈ $3.11 Billion 		€382.00 Million France Jun 2025
24678 Angang Steel Co Ltd Class A
SHE:000898 		85.6% CN¥43.59 Billion
≈ $6.38 Billion 		CN¥6.26 Billion China Mar 2026
24679 Westpac Banking Corporation
AU:WBC 		85.6% AU$71.07 Billion
≈ $50.29 Billion 		AU$10.20 Billion Australia Mar 2026
24680 GurSel Turizm Tasimacilik Ve Servis Ticaret AS
IS:GRSEL 		85.6% TL9.11 Billion
≈ $204.02 Million 		TL1.31 Billion Turkey Sep 2025
24681 Bayfirst Financial Corp
NASDAQ:BAFN 		85.6% $87.57 Million $12.58 Million USA Dec 2025
24682 TVS Electronics Limited
NSE:TVSELECT 		85.6% Rs913.10 Million
≈ $9.87 Million 		Rs131.20 Million India Sep 2025
24683 Broedrene A&O Johansen A/S Series B
CO:AOJ-B 		85.6% Dkr1.61 Billion
≈ $251.72 Million 		Dkr231.20 Million Denmark Mar 2026
24684 Chipsea Technologies Shenzhen Corp Ltd
SHG:688595 		85.6% CN¥718.70 Million
≈ $105.17 Million 		CN¥103.34 Million China Mar 2026
24685 Groupe CRIT SA
PA:CEN 		85.6% €713.58 Million
≈ $834.25 Million 		€102.61 Million France Dec 2025
24686 C. Mer Industries Ltd
TA:CMER 		85.6% ILA170.24 Million
≈ $456.42K 		ILA24.49 Million Israel Mar 2026
24687 Indra A
MC:IDR 		85.6% €1.66 Billion
≈ $1.94 Billion 		€238.50 Million Spain Sep 2025
24688 ZoomInfo Technologies Inc.
NASDAQ:GTM 		85.6% $1.51 Billion $217.30 Million USA Dec 2025
24689 Mercury General Corporation
NYSE:MCY 		85.6% $2.59 Billion $373.19 Million USA Mar 2026
24690 S H Kelkar and Company Limited
NSE:SHK 		85.6% Rs13.30 Billion
≈ $143.85 Million 		Rs1.92 Billion India Sep 2025
24691 NCC AB (publ)
ST:NCC-A 		85.6% Skr7.22 Billion
≈ $777.31 Million 		Skr1.04 Billion Sweden Jun 2026
24692 Hilan Ltd
TA:HLAN 		85.6% ILA1.23 Billion
≈ $3.30 Million 		ILA177.34 Million Israel Sep 2025
24693 Shandong Sino-Agri United Biotechnology Co Ltd
SHE:003042 		85.6% CN¥1.22 Billion
≈ $179.05 Million 		CN¥176.57 Million China Mar 2026
24694 Latrobe Magnesium Limited
F:L2Q 		85.6% €48.67 Million
≈ $56.90 Million 		€7.03 Million Germany Jun 2025
24695 AGCO Corporation
NYSE:AGCO 		85.6% $4.59 Billion $663.00 Million USA Mar 2026
24696 Beijing E-techstar Co Ltd
SHE:300513 		85.6% CN¥1.36 Billion
≈ $198.70 Million 		CN¥196.18 Million China Jun 2025
24697 Fujian Nanping Sun Cable Co Ltd
SHE:002300 		85.5% CN¥2.29 Billion
≈ $335.23 Million 		CN¥331.13 Million China Mar 2026
24698 Mastermyne Group Ltd
AU:MYE 		85.5% AU$75.85 Million
≈ $53.67 Million 		AU$10.97 Million Australia Dec 2025
24699 Bactiguard Holding AB (publ)
ST:BACTI-B 		85.5% Skr311.60 Million
≈ $33.53 Million 		Skr45.05 Million Sweden Mar 2026
24700 NTT System SA
WAR:NTT 		85.5% zł229.35 Million
≈ $63.12 Million 		zł33.19 Million Poland Sep 2025