Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

85.4%
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
24701 Xiamen King Long Motor Group Co Ltd
SHG:600686 		85.5% CN¥4.09 Billion
≈ $598.65 Million 		CN¥592.20 Million China Sep 2025
24702 Xpeng Inc
NYSE:XPEV 		85.5% $28.35 Billion $4.10 Billion USA Mar 2026
24703 Atresmedia Corporación de Medios de Comunicación S.A.
MC:A3M 		85.5% €811.00 Million
≈ $948.15 Million 		€117.41 Million Spain Jun 2026
24704 Co2 Capsol AS
OL:CAPSL 		85.5% Nkr87.98 Million
≈ $9.26 Million 		Nkr12.74 Million Norway Sep 2025
24705 Straker Ltd
AU:STG 		85.5% AU$20.26 Million
≈ $14.33 Million 		AU$2.93 Million Australia Sep 2025
24706 Aroa Biosurgery Ltd
AU:ARX 		85.5% AU$80.93 Million
≈ $57.26 Million 		AU$11.72 Million Australia Sep 2025
24707 Chorokbaem Media Co. Ltd
KQ:047820 		85.5% ₩286.56 Billion
≈ $194.20 Million 		₩41.50 Billion Korea Mar 2026
24708 Beibuwan Port Co Ltd
SHE:000582 		85.5% CN¥22.64 Billion
≈ $3.31 Billion 		CN¥3.28 Billion China Mar 2026
24709 LOREAL ADR 1/5/EO 02
F:LORA 		85.5% €35.00 Billion
≈ $40.92 Billion 		€5.07 Billion Germany Dec 2025
24710 Greenbrier Companies Inc
NYSE:GBX 		85.5% $1.72 Billion $249.30 Million USA Feb 2026
24711 Mackolik Internet Hizmetleri Ticaret A.S.
IS:MACKO 		85.5% TL818.06 Million
≈ $18.32 Million 		TL118.58 Million Turkey Mar 2026
24712 Firefly Aerospace Inc. Common Stock
NASDAQ:FLY 		85.5% $1.10 Billion $160.21 Million USA Mar 2026
24713 Better Life Commercial Chain Share Co Ltd
SHE:002251 		85.5% CN¥8.57 Billion
≈ $1.25 Billion 		CN¥1.24 Billion China Sep 2025
24714 Cemex SAB de CV ADR
NYSE:CX 		85.5% $13.44 Billion $1.95 Billion USA Mar 2026
24715 Hunan Yujing Machinery Co Ltd Class A
SHE:002943 		85.5% CN¥863.53 Million
≈ $126.36 Million 		CN¥125.33 Million China Mar 2026
24716 Shanghai Electric Power Co Ltd
SHG:600021 		85.5% CN¥50.96 Billion
≈ $7.46 Billion 		CN¥7.40 Billion China Sep 2025
24717 Langfang Development Co Ltd
SHG:600149 		85.5% CN¥330.52 Million
≈ $48.37 Million 		CN¥47.99 Million China Sep 2025
24718 Packaging Corp of America
NYSE:PKG 		85.5% $4.76 Billion $690.60 Million USA Sep 2025
24719 Globus Medical
NYSE:GMED 		85.5% $4.77 Billion $692.62 Million USA Jun 2026
24720 S.F. Holding Co. Ltd
SHE:002352 		85.5% CN¥108.98 Billion
≈ $15.95 Billion 		CN¥15.83 Billion China Sep 2025
24721 Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 		85.5% CN¥17.17 Billion
≈ $2.51 Billion 		CN¥2.49 Billion China Jun 2025
24722 Cinemark Holdings Inc
NYSE:CNK 		85.5% $2.07 Billion $300.40 Million USA Jun 2026
24723 Snowsky Salt Industry Group Co Ltd
SHG:600929 		85.5% CN¥8.67 Billion
≈ $1.27 Billion 		CN¥1.26 Billion China Mar 2026
24724 Zhejiang Jinke Peroxides Co Ltd
SHE:300459 		85.5% CN¥2.19 Billion
≈ $319.88 Million 		CN¥317.79 Million China Sep 2025
24725 Sino-Ocean Group Holding Limited
F:3SD 		85.5% €1.90 Billion
≈ $2.22 Billion 		€276.11 Million Germany Dec 2025
24726 Autech Corporation
KQ:067170 		85.5% ₩144.20 Billion
≈ $97.72 Million 		₩20.98 Billion Korea Sep 2025
24727 Asseco Business Solutions S.A.
WAR:ABS 		85.5% zł335.77 Million
≈ $92.41 Million 		zł48.85 Million Poland Jun 2025
24728 H+H International A/S
CO:HH 		85.4% Dkr1.00 Billion
≈ $156.93 Million 		Dkr146.00 Million Denmark Dec 2025
24729 Shandong Shanda Oumasoft CO.LTD.
SHE:301185 		85.4% CN¥1.09 Billion
≈ $159.17 Million 		CN¥158.34 Million China Mar 2026
24730 INTERNET IN.JP.ADR 1 ON
F:IIJ 		85.4% €153.22 Billion
≈ $179.13 Billion 		€22.31 Billion Germany Dec 2025
24731 Metallurgical Corporation of China Ltd
F:6MT 		85.4% €185.93 Billion
≈ $217.37 Billion 		€27.08 Billion Germany Mar 2026
24732 China Master Logistics Co Ltd
SHG:603967 		85.4% CN¥2.55 Billion
≈ $373.43 Million 		CN¥371.76 Million China Sep 2025
24733 Anhui Korrun Co Ltd
SHE:300577 		85.4% CN¥2.28 Billion
≈ $333.34 Million 		CN¥332.08 Million China Mar 2026
24734 LakeShore Biopharma Co., Ltd
NYSE:LSBCF 		85.4% $499.75 Million $72.85 Million USA Jun 2025
24735 LakeShore Biopharma Co., Ltd
NASDAQ:LSB 		85.4% $499.75 Million $72.85 Million USA Jun 2025
24736 Admiral Group PLC
LSE:ADM 		85.4% GBX1.44 Billion
≈ $174.70K 		GBX209.40 Million UK Jun 2025
24737 KPM TECH Co. Ltd
KQ:042040 		85.4% ₩67.39 Billion
≈ $45.67 Million 		₩9.83 Billion Korea Sep 2025
24738 Henan Ancai Hi-tech Co Ltd
SHG:600207 		85.4% CN¥2.47 Billion
≈ $362.14 Million 		CN¥361.07 Million China Sep 2025
24739 Energy Transfer LP
NYSE:ET 		85.4% $49.99 Billion $7.29 Billion USA Mar 2026
24740 Grupo Nacional Provincial S.A.B
MX:GNP 		85.4% MX$22.18 Billion
≈ $1.28 Billion 		MX$3.24 Billion Mexico Jun 2026
24741 SA Catana Group
PA:CATG 		85.4% €99.66 Million
≈ $116.51 Million 		€14.55 Million France Aug 2024
24742 OPENLANE, Inc.
NYSE:OPLN 		85.4% $1.57 Billion $229.40 Million USA Jun 2026
24743 Nexgel Inc
NASDAQ:NXGL 		85.4% $4.48 Million $655.00K USA Mar 2026
24744 Raymond James Financial Inc.
NYSE:RJF 		85.4% $12.57 Billion $1.84 Billion USA Dec 2025
24745 SML Isuzu Limited
NSE:SMLISUZU 		85.4% Rs4.44 Billion
≈ $48.00 Million 		Rs648.90 Million India Sep 2025
24746 Chongqing Iron & Steel Co Ltd Class A
SHG:601005 		85.4% CN¥16.41 Billion
≈ $2.40 Billion 		CN¥2.40 Billion China Sep 2025
24747 Changchun High & New Technology Industries Group Inc
SHE:000661 		85.4% CN¥25.14 Billion
≈ $3.68 Billion 		CN¥3.68 Billion China Mar 2026
24748 Bolsas y Mercados Argentinos SA
BA:BYMA 		85.4% AR$667.52 Billion
≈ $483.02 Million 		AR$97.69 Billion Argentina Jun 2026
24749 Telenor ASA
OL:TEL 		85.4% Nkr64.57 Billion
≈ $6.79 Billion 		Nkr9.45 Billion Norway Jun 2025
24750 Neuphoria Therapeutics Inc
NASDAQ:NEUP 		85.4% $29.42 Million $4.31 Million USA Mar 2026
24751 Genel Energy Plc
LSE:GENL 		85.4% GBX351.13 Million
≈ $42.72K 		GBX51.42 Million UK Dec 2025
24752 Magna Polonia SA
WAR:06N 		85.4% zł105.86 Million
≈ $29.13 Million 		zł15.50 Million Poland Mar 2026
24753 Plastiques du Val de Loire
PA:PVL 		85.4% €176.28 Million
≈ $206.09 Million 		€25.82 Million France Sep 2025
24754 Compañía Cervecerías Unidas S.A
F:CVU 		85.3% €1.62 Trillion
≈ $1.89 Trillion 		€236.87 Billion Germany Dec 2025
24755 Compania Cervecerias Unidas SA
SN:CCU 		85.3% CL$1.62 Trillion
≈ $1.81 Billion 		CL$236.87 Billion Chile Dec 2025
24756 Iperionx Ltd
AU:IPX 		85.3% AU$92.44 Million
≈ $65.41 Million 		AU$13.55 Million Australia Jun 2025
24757 Avanos Medical Inc
NYSE:AVNS 		85.3% $782.10 Million $114.70 Million USA Mar 2026
24758 Polyrizon Ltd. Ordinary Shares
NASDAQ:PLRZ 		85.3% $18.38 Million $2.70 Million USA Jun 2025
24759 Paranapanema S.A
SA:PMAM3 		85.3% R$63.58 Million
≈ $12.47 Million 		R$9.33 Million Brazil Mar 2020
24760 Miami International Holdings, Inc.
NYSE:MIAX 		85.3% $1.15 Billion $169.02 Million USA Jun 2026
24761 Fiserv Inc.
NASDAQ:FISV 		85.3% $27.69 Billion $4.07 Billion USA Dec 2024
24762 Harvia Oyj
HE:HARVIA 		85.3% €130.54 Million
≈ $152.62 Million 		€19.20 Million Finland Dec 2025
24763 Shijiazhuang Changshan Textile Co Ltd
SHE:000158 		85.3% CN¥5.34 Billion
≈ $781.56 Million 		CN¥785.75 Million China Mar 2026
24764 Botnia Gold AB (publ)
ST:BOTX 		85.3% Skr234.23 Million
≈ $25.21 Million 		Skr34.47 Million Sweden Mar 2026
24765 Biosolution Co.Ltd
KQ:086820 		85.3% ₩26.31 Billion
≈ $17.83 Million 		₩3.87 Billion Korea Sep 2025
24766 Equinor ASA
OL:EQNR 		85.3% Nkr40.42 Billion
≈ $4.25 Billion 		Nkr5.95 Billion Norway Dec 2025
24767 Enghouse Systems Ltd
TO:ENGH 		85.3% CA$609.47 Million
≈ $440.88 Million 		CA$89.71 Million Canada Oct 2025
24768 Century Therapeutics Inc
NASDAQ:IPSC 		85.3% $232.34 Million $34.20 Million USA Jun 2026
24769 ADD Industry Zhejiang Co Ltd
SHG:603089 		85.3% CN¥1.69 Billion
≈ $247.54 Million 		CN¥249.05 Million China Sep 2025
24770 Tenet Healthcare Corporation
NYSE:THC 		85.3% $8.70 Billion $1.28 Billion USA Jun 2026
24771 Miracll Chemicals Co Ltd
SHE:300848 		85.3% CN¥1.80 Billion
≈ $263.04 Million 		CN¥264.72 Million China Mar 2026
24772 Laureate Education Inc
NASDAQ:LAUR 		85.3% $1.14 Billion $168.13 Million USA Jun 2026
24773 Jiangling Motors Corp Ltd
SHE:000550 		85.3% CN¥11.73 Billion
≈ $1.72 Billion 		CN¥1.73 Billion China Mar 2026
24774 Zhejiang Ming Jewelry Co Ltd
SHE:002574 		85.3% CN¥2.74 Billion
≈ $400.43 Million 		CN¥403.34 Million China Mar 2026
24775 Bentley Systems Inc
NASDAQ:BSY 		85.3% $1.23 Billion $180.72 Million USA Mar 2026
24776 JD.com Inc.
F:013C 		85.3% €304.42 Billion
≈ $355.90 Billion 		€44.88 Billion Germany Sep 2025
24777 Hebei Hengshui Laobaigan Liquor Co Ltd
SHG:600559 		85.3% CN¥5.48 Billion
≈ $801.32 Million 		CN¥807.30 Million China Mar 2026
24778 Heidelberg Pharma AG
F:HPHA 		85.3% €18.52 Million
≈ $21.65 Million 		€2.73 Million Germany May 2025
24779 Everdisplay Optronics Shanghai Co Ltd
SHG:688538 		85.3% CN¥7.59 Billion
≈ $1.11 Billion 		CN¥1.12 Billion China Mar 2026
24780 Shaanxi Kanghui Pharm Co Ltd
SHG:603139 		85.3% CN¥581.05 Million
≈ $85.03 Million 		CN¥85.69 Million China Mar 2026
24781 XPLR Infrastructure LP Unit
NYSE:XIFR 		85.2% $10.61 Billion $1.56 Billion USA Jun 2026
24782 Tamawood Ltd
AU:TWD 		85.2% AU$37.58 Million
≈ $26.59 Million 		AU$5.54 Million Australia Dec 2025
24783 Geberit AG
SW:GEBN 		85.2% CHF1.52 Billion
≈ $1.92 Billion 		CHF223.80 Million Switzerland Dec 2025
24784 Monster Beverage Corp
NASDAQ:MNST 		85.2% $9.36 Billion $1.38 Billion USA Jun 2026
24785 CO2 Gro Inc
V:GROW 		85.2% CA$687.67K
≈ $497.45K 		CA$101.48K Canada Mar 2023
24786 Chunghwa Telecom Co. Ltd
F:CHWD 		85.2% €382.08 Billion
≈ $446.69 Billion 		€56.40 Billion Germany Jun 2026
24787 SECUREKLOUD TECHNOLOGIES LIMITED
NSE:SECURKLOUD 		85.2% Rs759.41 Million
≈ $8.21 Million 		Rs112.11 Million India Mar 2025
24788 WNS Holdings Ltd
NYSE:WNS 		85.2% $797.80 Million $117.80 Million USA Jun 2025
24789 PayPay Corporation American Depository Shares
NASDAQ:PAYP 		85.2% $449.93 Billion $66.44 Billion USA Jun 2026
24790 Tronox Holdings PLC
NYSE:TROX 		85.2% $1.45 Billion $214.00 Million USA Dec 2025
24791 UniTTEC Co Ltd
SHE:000925 		85.2% CN¥3.80 Billion
≈ $556.13 Million 		CN¥561.48 Million China Sep 2025
24792 Adient PLC
NYSE:ADNT 		85.2% $2.16 Billion $319.00 Million USA Sep 2025
24793 Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd
SHG:600863 		85.2% CN¥29.32 Billion
≈ $4.29 Billion 		CN¥4.34 Billion China Mar 2026
24794 Software Acquisition Group III Inc
NASDAQ:SWAG 		85.2% $30.20 Million $4.47 Million USA Sep 2025
24795 E.ON SE
F:EOAN 		85.2% €25.83 Billion
≈ $30.20 Billion 		€3.82 Billion Germany Dec 2025
24796 E.ON SE
F:EOAA 		85.2% €25.83 Billion
≈ $30.20 Billion 		€3.82 Billion Germany Dec 2025
24797 Guangdong Tianan New Material
SHG:603725 		85.2% CN¥1.03 Billion
≈ $150.24 Million 		CN¥151.93 Million China Mar 2026
24798 374Water Inc. Common Stock
NASDAQ:SCWO 		85.2% $6.50 Million $961.57K USA Sep 2025
24799 Winall Hi tech Seed
SHE:300087 		85.2% CN¥2.34 Billion
≈ $343.03 Million 		CN¥347.38 Million China Mar 2026
24800 Jiangsu Feiliks Intl Logistics
SHE:300240 		85.2% CN¥1.69 Billion
≈ $247.21 Million 		CN¥250.55 Million China Mar 2026