Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

84.6%
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
24901 MITSU.CH.GRP ADR/5
F:M3C0 		84.8% €2.39 Trillion
≈ $2.79 Trillion 		€362.81 Billion Germany Sep 2025
24902 Pro-Pac Packaging Ltd
AU:PPG 		84.8% AU$45.59 Million
≈ $32.26 Million 		AU$6.93 Million Australia Dec 2024
24903 Asiacement
KO:183190 		84.8% ₩1.10 Trillion
≈ $744.77 Million 		₩167.03 Billion Korea Mar 2026
24904 Vertex
NASDAQ:VERX 		84.8% $241.11 Million $36.65 Million USA Jun 2026
24905 Huasu Holdings Co Ltd
SHE:000509 		84.8% CN¥205.18 Million
≈ $30.02 Million 		CN¥31.20 Million China Sep 2025
24906 Marshall Machines Limited
NSE:MARSHALL 		84.8% Rs760.20 Million
≈ $8.22 Million 		Rs115.60 Million India Mar 2024
24907 Newcapec Electronics Co Ltd
SHE:300248 		84.8% CN¥2.27 Billion
≈ $332.55 Million 		CN¥345.63 Million China Sep 2025
24908 Acuvi AB
ST:ACUVI 		84.8% Skr399.76 Million
≈ $43.02 Million 		Skr60.83 Million Sweden Jun 2025
24909 Malion New Materials Co Ltd
SHE:300586 		84.8% CN¥2.23 Billion
≈ $325.97 Million 		CN¥338.95 Million China Mar 2026
24910 Ifishdeco PT
JK:IFSH 		84.8% Rp913.16 Billion
≈ $53.51 Million 		Rp138.96 Billion Indonesia Dec 2025
24911 Gyldendal ASA
OL:GYL 		84.8% Nkr863.77 Million
≈ $90.89 Million 		Nkr131.59 Million Norway Jun 2025
24912 American Outdoor Brands Inc
NASDAQ:AOUT 		84.8% $165.67 Million $25.25 Million USA Jan 2026
24913 TCL Corp
SHE:000100 		84.8% CN¥128.14 Billion
≈ $18.75 Billion 		CN¥19.54 Billion China Mar 2026
24914 Kunming Longjin Pharmaceutical Co Ltd
SHE:002750 		84.7% CN¥485.19 Million
≈ $71.00 Million 		CN¥74.01 Million China Mar 2025
24915 Evolution AB (publ)
ST:EVO 		84.7% Skr4.25 Billion
≈ $456.92 Million 		Skr647.94 Million Sweden Jun 2026
24916 SuperCom Ltd
F:50S 		84.7% €37.25 Million
≈ $43.55 Million 		€5.69 Million Germany Jun 2025
24917 Ryvu Therapeutics SA
WAR:RVU 		84.7% zł41.33 Million
≈ $11.37 Million 		zł6.31 Million Poland Mar 2026
24918 Liaoning Kelong Fine ChemicalInc
SHE:300405 		84.7% CN¥431.38 Million
≈ $63.12 Million 		CN¥65.88 Million China Sep 2025
24919 Windar Photonics Plc
LSE:WPHO 		84.7% GBX10.31 Million
≈ $1.25K 		GBX1.57 Million UK Jun 2025
24920 Nexans S.A.
PA:NEX 		84.7% €1.91 Billion
≈ $2.23 Billion 		€292.00 Million France Jun 2025
24921 XiAn Qujiang Cultural Tourism Co Ltd
SHG:600706 		84.7% CN¥651.51 Million
≈ $95.34 Million 		CN¥99.56 Million China Sep 2025
24922 Hyundai Construction Equipment Co Ltd
KO:267270 		84.7% ₩4.83 Trillion
≈ $3.27 Billion 		₩738.21 Billion Korea Mar 2026
24923 Huize Holding Ltd
NASDAQ:HUIZ 		84.7% $431.85 Million $66.01 Million USA Dec 2025
24924 Shenzhen Das Intellitech Co Ltd
SHE:002421 		84.7% CN¥2.74 Billion
≈ $401.47 Million 		CN¥419.49 Million China Mar 2026
24925 Grupo Traxión S.A.B. de C.V
MX:TRAXIONA 		84.7% MX$14.29 Billion
≈ $822.43 Million 		MX$2.19 Billion Mexico Jun 2025
24926 Bio-Techne Corp
NASDAQ:TECH 		84.7% $2.09 Billion $319.07 Million USA Mar 2026
24927 Suzhou Medsys Tech Co Ltd
SHG:603990 		84.7% CN¥849.63 Million
≈ $124.33 Million 		CN¥130.02 Million China Mar 2026
24928 Victoria Care Indonesia Tbk Pt
JK:VICI 		84.7% Rp1.10 Trillion
≈ $64.21 Million 		Rp167.71 Billion Indonesia Sep 2025
24929 Daewon Media Co. Ltd
KQ:048910 		84.7% ₩135.54 Billion
≈ $91.85 Million 		₩20.74 Billion Korea Mar 2026
24930 4Sight Holdings Ltd
JSE:4SI 		84.7% ZAC390.17 Million
≈ $207.36K 		ZAC59.77 Million South Africa Dec 2025
24931 SIMCERE PHARMAC. GRP LTD
F:S2P 		84.7% €9.41 Billion
≈ $11.01 Billion 		€1.44 Billion Germany Dec 2025
24932 Lingyuan Iron & Steel Co Ltd
SHG:600231 		84.7% CN¥3.59 Billion
≈ $525.69 Million 		CN¥550.54 Million China Mar 2026
24933 Office Properties Income Trust
NASDAQ:OPINL 		84.7% $1.07 Billion $163.38 Million USA Jun 2025
24934 Office Properties Income Trust
NASDAQ:OPI 		84.7% $1.07 Billion $163.38 Million USA Jun 2025
24935 Shenzhen Mindray Bio-Medical Electronics Co Ltd Class A
SHE:300760 		84.7% CN¥44.24 Billion
≈ $6.47 Billion 		CN¥6.78 Billion China Sep 2025
24936 Biocartis Group NV
BR:BCART 		84.7% €36.82 Million
≈ $43.05 Million 		€5.64 Million Belgium Dec 2020
24937 PTG Energy PCL
BK:PTG 		84.7% ฿9.57 Billion
≈ $298.23 Million 		฿1.47 Billion Thailand Sep 2025
24938 HUANLEJIA Food Group Co. Ltd.
SHE:300997 		84.7% CN¥1.02 Billion
≈ $148.67 Million 		CN¥155.83 Million China Sep 2025
24939 Clicks
JSE:CLS 		84.7% ZAC6.10 Billion
≈ $3.24 Million 		ZAC935.57 Million South Africa Feb 2026
24940 Shanxi Guoxin Energy Co Ltd B
SHG:900913 		84.7% $4.74 Billion $727.93 Million China Mar 2026
24941 Sinotrans Ltd Class A
SHG:601598 		84.7% CN¥44.04 Billion
≈ $6.45 Billion 		CN¥6.76 Billion China Dec 2025
24942 Infineon Technologies AG
F:IFXA 		84.7% €16.71 Billion
≈ $19.54 Billion 		€2.56 Billion Germany Jun 2025
24943 Fractal Gaming Group AB
ST:FRACTL 		84.6% Skr408.80 Million
≈ $43.99 Million 		Skr62.80 Million Sweden Mar 2026
24944 Zhejiang Shouxiangu Pharm Co
SHG:603896 		84.6% CN¥2.29 Billion
≈ $335.24 Million 		CN¥351.95 Million China Mar 2026
24945 Batm Advanced Communications Ltd
TA:BVC 		84.6% ILA66.34 Million
≈ $177.87K 		ILA10.19 Million Israel Dec 2025
24946 Icahn Enterprises LP
NASDAQ:IEP 		84.6% $2.15 Billion $330.00 Million USA Jun 2026
24947 Jacobs Solutions Inc.
NYSE:J 		84.6% $4.67 Billion $717.67 Million USA Sep 2025
24948 Baoding Heavy Industry Co Ltd
SHE:002552 		84.6% CN¥2.14 Billion
≈ $312.86 Million 		CN¥328.84 Million China Mar 2026
24949 Petrolimex Insurance Corp
VN:PGI 		84.6% ₫1.92 Trillion
≈ $72.82 Million 		₫294.95 Billion Vietnam Jun 2026
24950 Nidec Corporation
F:NIB1 		84.6% €1.78 Trillion
≈ $2.08 Trillion 		€273.36 Billion Germany Sep 2025
24951 Indegene Ltd
NSE:INDGN 		84.6% Rs31.39 Billion
≈ $339.44 Million 		Rs4.83 Billion India Mar 2026
24952 Huizhou China Eagle Electronic Technology Co Ltd
SHE:002579 		84.6% CN¥2.61 Billion
≈ $381.41 Million 		CN¥401.35 Million China Sep 2025
24953 Evolution Gaming Group AB (publ)
F:E3G 		84.6% €4.30 Billion
≈ $5.03 Billion 		€662.47 Million Germany Mar 2026
24954 Solvay SA
BR:SOLB 		84.6% €1.26 Billion
≈ $1.48 Billion 		€195.00 Million Belgium Sep 2025
24955 Synaptics Incorporated
NASDAQ:SYNA 		84.6% $1.36 Billion $209.60 Million USA Mar 2026
24956 Pensana Rare Earths Plc
LSE:PRE 		84.6% GBX96.86 Million
≈ $11.78K 		GBX14.95 Million UK Dec 2025
24957 Zhejiang Wansheng Co Ltd
SHG:603010 		84.6% CN¥3.89 Billion
≈ $569.21 Million 		CN¥600.70 Million China Jun 2025
24958 Ferro S.A.
WAR:FRO 		84.6% zł461.86 Million
≈ $127.11 Million 		zł71.33 Million Poland Dec 2025
24959 DXP Enterprises Inc
NASDAQ:DXPE 		84.6% $488.34 Million $75.42 Million USA Sep 2025
24960 Banpu Public Company Limited
BK:BANPU 		84.6% ฿5.18 Billion
≈ $161.48 Million 		฿800.26 Million Thailand Mar 2026
24961 Shanxi Guoxin Energy Co Ltd A
SHG:600617 		84.6% CN¥4.76 Billion
≈ $695.86 Million 		CN¥734.59 Million China Sep 2025
24962 eWork Group AB
ST:EWRK 		84.5% Skr208.18 Million
≈ $22.40 Million 		Skr32.19 Million Sweden Jun 2026
24963 Immersion Corporation
NASDAQ:IMMR 		84.5% $567.40 Million $87.73 Million USA Jun 2026
24964 Ximen Mining Corp
V:XIM 		84.5% CA$674.77K
≈ $488.12K 		CA$104.36K Canada Dec 2023
24965 Excelerate Energy Inc
NYSE:EE 		84.5% $2.27 Billion $351.40 Million USA Jun 2026
24966 Taiwan Cement Corp
TW:1101 		84.5% NT$292.71 Billion
≈ $9.22 Billion 		NT$45.31 Billion Taiwan Dec 2025
24967 Barito Pacific Tbk
JK:BRPT 		84.5% Rp6.21 Billion
≈ $363.64K 		Rp961.11 Million Indonesia Jun 2025
24968 NCAB Group
ST:NCAB 		84.5% Skr1.44 Billion
≈ $154.89 Million 		Skr223.20 Million Sweden Dec 2025
24969 Data 3 Ltd
AU:DTL 		84.5% AU$84.36 Million
≈ $59.69 Million 		AU$13.09 Million Australia Dec 2025
24970 Alcadon Group AB
ST:ALCA 		84.5% Skr820.00 Million
≈ $88.25 Million 		Skr127.30 Million Sweden Sep 2025
24971 Shenzhen Zhongzhuang Construction Group Co Ltd
SHE:002822 		84.5% CN¥1.34 Billion
≈ $196.51 Million 		CN¥208.50 Million China Sep 2025
24972 Ningbo Techmation Co Ltd
SHG:603015 		84.5% CN¥1.40 Billion
≈ $204.61 Million 		CN¥217.27 Million China Mar 2026
24973 Oshkosh Corporation
NYSE:OSK 		84.5% $4.53 Billion $703.60 Million USA Jun 2026
24974 Cedar Development Co Ltd
SHE:002485 		84.5% CN¥1.01 Billion
≈ $148.46 Million 		CN¥157.68 Million China Mar 2026
24975 Nordic Semiconductor ASA
OL:NOD 		84.5% Nkr680.23 Million
≈ $71.58 Million 		Nkr105.73 Million Norway Mar 2026
24976 Eastman Chemical Company
NYSE:EMN 		84.5% $6.09 Billion $946.00 Million USA Mar 2026
24977 Premier Inc
NASDAQ:PINC 		84.4% $1.53 Billion $237.69 Million USA Sep 2025
24978 Amber Enterprises India Limited
NSE:AMBER 		84.4% Rs37.64 Billion
≈ $407.02 Million 		Rs5.85 Billion India Sep 2025
24979 Hefei Fengle Seed Co Ltd
SHE:000713 		84.4% CN¥1.98 Billion
≈ $289.99 Million 		CN¥308.35 Million China Sep 2025
24980 Hunan Copote Science Technology Co Ltd
SHG:600476 		84.4% CN¥113.61 Million
≈ $16.62 Million 		CN¥17.69 Million China Sep 2025
24981 1CM INC.
F:IQ70 		84.4% €29.62 Million
≈ $34.63 Million 		€4.61 Million Germany Nov 2025
24982 SpartanNash Co
NASDAQ:SPTN 		84.4% $741.82 Million $115.57 Million USA Jun 2025
24983 LightPath Technologies Inc
NASDAQ:LPTH 		84.4% $112.88 Million $17.59 Million USA Mar 2026
24984 Raubex
JSE:RBX 		84.4% ZAC7.33 Billion
≈ $3.90 Million 		ZAC1.14 Billion South Africa Aug 2025
24985 The a2 Milk Company Ltd
AU:A2M 		84.4% AU$1.39 Billion
≈ $980.64 Million 		AU$216.03 Million Australia Dec 2025
24986 Implenia AG
SW:IMPN 		84.4% CHF753.29 Million
≈ $952.36 Million 		CHF117.49 Million Switzerland Dec 2025
24987 Ecoslops SA
PA:ALESA 		84.4% €2.53 Million
≈ $2.96 Million 		€395.00K France Dec 2025
24988 Marvell Technology Group Ltd
NASDAQ:MRVL 		84.4% $18.22 Billion $2.84 Billion USA Apr 2026
24989 Asturiana de Laminados S.A.
MC:ELZ 		84.4% €4.43 Million
≈ $5.18 Million 		€691.60K Spain Jun 2025
24990 Zaptec AS
OL:ZAP 		84.4% Nkr758.72 Million
≈ $79.84 Million 		Nkr118.54 Million Norway Dec 2025
24991 Navitas Semiconductor Corp
NASDAQ:NVTS 		84.4% $370.99 Million $57.99 Million USA Sep 2025
24992 Aperam SA
AS:APAM 		84.4% €3.29 Billion
≈ $3.84 Billion 		€514.00 Million Netherlands Jun 2026
24993 JW Pharmaceutical Corp
KO:001067 		84.4% ₩354.10 Billion
≈ $239.97 Million 		₩55.38 Billion Korea Sep 2025
24994 Grab Holdings Ltd
NASDAQ:GRAB 		84.4% $6.76 Billion $1.06 Billion USA Dec 2025
24995 Hyundai Autoever Corp
KO:307950 		84.4% ₩1.82 Trillion
≈ $1.23 Billion 		₩284.04 Billion Korea Sep 2025
24996 Interlink Electronics Inc
NASDAQ:LINK 		84.4% $9.63 Million $1.51 Million USA Sep 2025
24997 China National Software & Service Co Ltd
SHG:600536 		84.3% CN¥6.00 Billion
≈ $877.95 Million 		CN¥938.97 Million China Mar 2026
24998 IONQ Inc
NYSE:IONQ 		84.3% $4.99 Billion $781.09 Million USA Mar 2026
24999 BRF S.A
SA:BRFS3 		84.3% R$18.10 Billion
≈ $3.55 Billion 		R$2.83 Billion Brazil Jun 2025
25000 BRF S.A
F:P5Y 		84.3% €18.10 Billion
≈ $21.16 Billion 		€2.83 Billion Germany Jun 2025