Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
83.5%
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 |
|---|---|---|---|---|---|---|
| 25001 |
Shanghai Bailian Group Co Ltd B
SHG:900923 |
83.7% | $22.27 Billion | $3.62 Billion | China | Mar 2026 |
| 25002 |
Aptamer Group PLC
LSE:APTA |
83.7% |
GBX1.38 Million
≈ $168.15 |
GBX225.00K | UK | Jun 2025 |
| 25003 |
Tasly Pharmaceutical Group Co Ltd
SHG:600535 |
83.7% |
CN¥12.91 Billion
≈ $1.89 Billion |
CN¥2.10 Billion | China | Mar 2026 |
| 25004 |
Gold.com, Inc.
NYSE:GOLD |
83.7% | $906.88 Million | $147.68 Million | USA | Mar 2026 |
| 25005 |
Gold.com, Inc.
NASDAQ:GOLD |
83.7% | $906.88 Million | $147.68 Million | USA | Mar 2026 |
| 25006 |
Globant SA
NYSE:GLOB |
83.7% | $2.24 Billion | $365.47 Million | USA | Sep 2025 |
| 25007 |
Shandong Longda Meat Foodstuff Co Ltd
SHE:002726 |
83.7% |
CN¥689.72 Million
≈ $100.93 Million |
CN¥112.33 Million | China | Mar 2026 |
| 25008 |
Genius Group Ltd
NYSE MKT:GNS |
83.7% | $67.83 Million | $11.05 Million | USA | Jun 2025 |
| 25009 |
Celebi Hava Servisi AS
IS:CLEBI |
83.7% |
TL8.87 Billion
≈ $198.56 Million |
TL1.45 Billion | Turkey | Sep 2025 |
| 25010 |
Wilmington PLC
LSE:WIL |
83.7% |
GBX107.15 Million
≈ $13.04K |
GBX17.47 Million | UK | Dec 2025 |
| 25011 |
Freightos Limited Ordinary shares
NASDAQ:CRGO |
83.7% | $37.45 Million | $6.11 Million | USA | Mar 2026 |
| 25012 |
Qingdao Huicheng Environmental Co Ltd
SHE:300779 |
83.7% |
CN¥2.48 Billion
≈ $362.39 Million |
CN¥404.02 Million | China | Mar 2026 |
| 25013 |
Intellian Technologies Inc
KQ:189300 |
83.7% |
₩279.64 Billion
≈ $189.51 Million |
₩45.63 Billion | Korea | Mar 2026 |
| 25014 |
Bal Pharma Limited
NSE:BALPHARMA |
83.7% |
Rs822.52 Million
≈ $8.90 Million |
Rs134.22 Million | India | Mar 2026 |
| 25015 |
Marvell Technology Group Ltd
NASDAQ:MRVL |
83.7% | $14.06 Billion | $2.29 Billion | USA | Oct 2025 |
| 25016 |
Visionary Education Technology Holdings Group Inc.
NASDAQ:GV |
83.7% | $5.20 Million | $848.56K | USA | Dec 2025 |
| 25017 |
Data Communications Management Ltd
TO:DCM |
83.7% |
CA$41.32 Million
≈ $29.89 Million |
CA$6.75 Million | Canada | Mar 2026 |
| 25018 |
Beijing TRS Information Tech
SHE:300229 |
83.7% |
CN¥4.05 Billion
≈ $593.13 Million |
CN¥662.53 Million | China | Jun 2025 |
| 25019 |
STO Express Co Ltd
SHE:002468 |
83.7% |
CN¥11.40 Billion
≈ $1.67 Billion |
CN¥1.86 Billion | China | Mar 2026 |
| 25020 |
Botnia Gold AB (publ)
ST:BOTX |
83.7% |
Skr210.82 Million
≈ $22.69 Million |
Skr34.47 Million | Sweden | Dec 2025 |
| 25021 |
APG SGA SA
SW:APGN |
83.7% |
CHF58.35 Million
≈ $73.77 Million |
CHF9.54 Million | Switzerland | Jun 2025 |
| 25022 |
BluMetric Environmental Inc
V:BLM |
83.6% |
CA$15.74 Million
≈ $11.39 Million |
CA$2.58 Million | Canada | Sep 2025 |
| 25023 |
Oshkosh Corporation
NYSE:OSK |
83.6% | $4.54 Billion | $743.40 Million | USA | Sep 2025 |
| 25024 |
CSG Holding Co Ltd
SHE:000012 |
83.6% |
CN¥13.44 Billion
≈ $1.97 Billion |
CN¥2.20 Billion | China | Mar 2026 |
| 25025 |
Raval ACS Ltd
TA:RVL |
83.6% |
ILA96.96 Million
≈ $259.95K |
ILA15.89 Million | Israel | Sep 2025 |
| 25026 |
Allied Gaming & Entertainment Inc.
NASDAQ:AGAE |
83.6% | $37.65 Million | $6.17 Million | USA | Dec 2025 |
| 25027 |
DFI Inc
TW:2397 |
83.6% |
NT$5.70 Billion
≈ $179.64 Million |
NT$934.71 Million | Taiwan | Dec 2025 |
| 25028 |
Cummins Inc
NYSE:CMI |
83.6% | $13.37 Billion | $2.19 Billion | USA | Mar 2026 |
| 25029 |
CP ALL Public Company Limited
BK:CPALL |
83.6% |
฿325.02 Billion
≈ $10.13 Billion |
฿53.37 Billion | Thailand | Sep 2025 |
| 25030 |
Ferronordic AB (publ)
ST:FNM |
83.6% |
Skr1.35 Billion
≈ $145.50 Million |
Skr222.00 Million | Sweden | Mar 2026 |
| 25031 |
Panda Eco System Berhad
KLSE:0290 |
83.6% |
RM49.38 Million
≈ $12.40 Million |
RM8.11 Million | Malaysia | Mar 2026 |
| 25032 |
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022 |
83.6% |
CN¥3.05 Billion
≈ $446.40 Million |
CN¥501.30 Million | China | Mar 2026 |
| 25033 |
Nanjing Xinjiekou Department Store Co Ltd
SHG:600682 |
83.6% |
CN¥18.24 Billion
≈ $2.67 Billion |
CN¥3.00 Billion | China | Mar 2026 |
| 25034 |
Woodward Inc
NASDAQ:WWD |
83.6% | $2.59 Billion | $425.41 Million | USA | Dec 2025 |
| 25035 |
Ci&T Inc
NYSE:CINT |
83.6% | $308.12 Million | $50.67 Million | USA | Dec 2025 |
| 25036 |
Evergreen Steel Corp
TW:2211 |
83.5% |
NT$30.96 Billion
≈ $975.47 Million |
NT$5.09 Billion | Taiwan | Mar 2026 |
| 25037 |
SSE PLC
LSE:SSE |
83.5% |
GBX13.62 Billion
≈ $1.66 Million |
GBX2.24 Billion | UK | Sep 2025 |
| 25038 |
Longxing Chemical Stock Co Ltd
SHE:002442 |
83.5% |
CN¥1.85 Billion
≈ $270.33 Million |
CN¥303.97 Million | China | Mar 2026 |
| 25039 |
AirIQ Inc
V:IQ |
83.5% |
CA$8.09 Million
≈ $5.85 Million |
CA$1.33 Million | Canada | Sep 2025 |
| 25040 |
TongKun Group Co Ltd
SHG:601233 |
83.5% |
CN¥40.76 Billion
≈ $5.96 Billion |
CN¥6.71 Billion | China | Mar 2026 |
| 25041 |
Mr. Blue Corporation
KQ:207760 |
83.5% |
₩62.40 Billion
≈ $42.29 Million |
₩10.28 Billion | Korea | Sep 2025 |
| 25042 |
Amica S.A.
WAR:AMC |
83.5% |
zł1.02 Billion
≈ $281.10 Million |
zł168.30 Million | Poland | Sep 2025 |
| 25043 |
Kongsberg Gruppen ASA
OL:KOG |
83.5% |
Nkr22.58 Billion
≈ $2.38 Billion |
Nkr3.72 Billion | Norway | Dec 2025 |
| 25044 |
Fujian Kuncai Material Tech
SHG:603826 |
83.5% |
CN¥1.97 Billion
≈ $288.22 Million |
CN¥324.69 Million | China | Sep 2025 |
| 25045 |
Crown Crafts Inc
NASDAQ:CRWS |
83.5% | $39.20 Million | $6.46 Million | USA | Dec 2025 |
| 25046 |
Coheris SA
PA:COH |
83.5% |
€22.14 Million
≈ $25.88 Million |
€3.65 Million | France | Jun 2025 |
| 25047 |
Tourindo Guide Indonesia Pt
JK:PGJO |
83.5% |
Rp2.87 Billion
≈ $168.06K |
Rp473.32 Million | Indonesia | Jun 2025 |
| 25048 |
Comfort Systems USA Inc
NYSE:FIX |
83.5% | $2.82 Billion | $464.77 Million | USA | Mar 2026 |
| 25049 |
Veranda Learning Solutions Limited
NSE:VERANDA |
83.5% |
Rs9.58 Billion
≈ $103.64 Million |
Rs1.58 Billion | India | Mar 2026 |
| 25050 |
HC Semitek Corp
SHE:300323 |
83.5% |
CN¥6.63 Billion
≈ $970.64 Million |
CN¥1.10 Billion | China | Mar 2026 |
| 25051 |
WK Kellogg Co
NYSE:KLG |
83.5% | $345.00 Million | $57.00 Million | USA | Jun 2025 |
| 25052 |
Turning Point Brands Inc
NYSE:TPB |
83.5% | $385.49 Million | $63.73 Million | USA | Mar 2026 |
| 25053 |
Shoppers Stop Limited
NSE:SHOPERSTOP |
83.5% |
Rs2.88 Billion
≈ $31.10 Million |
Rs475.50 Million | India | Sep 2025 |
| 25054 |
Ricardo
LSE:RCDO |
83.5% |
GBX183.80 Million
≈ $22.36K |
GBX30.40 Million | UK | Dec 2024 |
| 25055 |
Hercules Site Services PLC
LSE:HERC |
83.5% |
GBX13.30 Million
≈ $1.62K |
GBX2.20 Million | UK | Mar 2025 |
| 25056 |
Michael Hill International Ltd
AU:MHJ |
83.4% |
AU$183.72 Million
≈ $129.99 Million |
AU$30.41 Million | Australia | Jun 2025 |
| 25057 |
Hoshine Silicon Ind Co Ltd
SHG:603260 |
83.4% |
CN¥29.82 Billion
≈ $4.36 Billion |
CN¥4.94 Billion | China | Mar 2026 |
| 25058 |
SIEMENS AG SP. ADR 1/ 1/2
F:SIEB |
83.4% |
€72.02 Billion
≈ $84.20 Billion |
€11.93 Billion | Germany | Dec 2025 |
| 25059 |
Interpublic Group of Companies Inc
NYSE:IPG |
83.4% | $3.71 Billion | $615.00 Million | USA | Sep 2025 |
| 25060 |
Badger Meter Inc
NYSE:BMI |
83.4% | $690.43 Million | $114.39 Million | USA | Mar 2026 |
| 25061 |
Jinhua Chunguang Technology Co Ltd
SHG:603657 |
83.4% |
CN¥850.41 Million
≈ $124.44 Million |
CN¥140.93 Million | China | Mar 2026 |
| 25062 |
Stella Holdings Bhd
KLSE:5006 |
83.4% |
RM387.79 Million
≈ $97.36 Million |
RM64.27 Million | Malaysia | Jun 2024 |
| 25063 |
Agree Realty Corporation
NYSE:ADC |
83.4% | $6.23 Billion | $1.03 Billion | USA | Mar 2026 |
| 25064 |
NEOWIZ
KQ:095660 |
83.4% |
₩560.91 Billion
≈ $380.12 Million |
₩92.99 Billion | Korea | Sep 2025 |
| 25065 |
MODERN COMMERCE SA ZY-10
F:8F4 |
83.4% |
€8.99 Million
≈ $10.51 Million |
€1.49 Million | Germany | Sep 2025 |
| 25066 |
Shuangliang Eco-Energy Systems Co Ltd
SHG:600481 |
83.4% |
CN¥4.61 Billion
≈ $675.06 Million |
CN¥765.05 Million | China | Sep 2025 |
| 25067 |
Far East Smarter Energy Co Ltd
SHG:600869 |
83.4% |
CN¥4.34 Billion
≈ $634.69 Million |
CN¥719.41 Million | China | Mar 2026 |
| 25068 |
Amphenol Corporation
NYSE:APH |
83.4% | $13.51 Billion | $2.24 Billion | USA | Dec 2025 |
| 25069 |
Yunnan Yuntianhua Co Ltd
SHG:600096 |
83.4% |
CN¥28.15 Billion
≈ $4.12 Billion |
CN¥4.67 Billion | China | Mar 2026 |
| 25070 |
LandBridge Company LLC
NYSE:LB |
83.4% | $808.12 Million | $134.20 Million | USA | Mar 2026 |
| 25071 |
GCL System Integration Technology Co Ltd
SHE:002506 |
83.4% |
CN¥941.73 Million
≈ $137.80 Million |
CN¥156.41 Million | China | Mar 2026 |
| 25072 |
TT Electronics Plc
LSE:TTG |
83.4% |
GBX147.50 Million
≈ $17.95K |
GBX24.50 Million | UK | Dec 2025 |
| 25073 |
ARB IOT Group Limited Ordinary Shares
NASDAQ:ARBB |
83.4% | $190.37 Million | $31.63 Million | USA | Sep 2025 |
| 25074 |
Marlowe plc
LSE:MRL |
83.4% |
GBX189.50 Million
≈ $23.06K |
GBX31.50 Million | UK | Mar 2025 |
| 25075 |
Mahindra Logistics Limited
NSE:MAHLOG |
83.4% |
Rs11.99 Billion
≈ $129.70 Million |
Rs1.99 Billion | India | Mar 2026 |
| 25076 |
Stantec Inc
TO:STN |
83.4% |
CA$3.38 Billion
≈ $2.44 Billion |
CA$561.20 Million | Canada | Mar 2026 |
| 25077 |
Hoffmann Green Cement Technologies
PA:ALHGR |
83.4% |
€55.69 Million
≈ $65.10 Million |
€9.26 Million | France | Dec 2025 |
| 25078 |
Pulse Seismic Inc
TO:PSD |
83.4% |
CA$16.64 Million
≈ $12.03 Million |
CA$2.77 Million | Canada | Sep 2025 |
| 25079 |
Banestes S.A - Banco do Estado do Espírito Santo
SA:BEES3 |
83.4% |
R$2.45 Billion
≈ $480.29 Million |
R$407.38 Million | Brazil | Sep 2025 |
| 25080 |
TPXIMPACT HOLDINGS LS-01
F:9L7 |
83.4% |
€38.60 Million
≈ $45.13 Million |
€6.42 Million | Germany | Sep 2025 |
| 25081 |
Empire State Realty OP LP ES
NYSE:ESBA |
83.4% | $1.82 Billion | $303.62 Million | USA | Mar 2026 |
| 25082 |
Goodwill E Health Info Co Ltd
SHG:688246 |
83.4% |
CN¥1.33 Billion
≈ $194.81 Million |
CN¥221.62 Million | China | Sep 2025 |
| 25083 |
Jiangsu Yike Food Group Co.Ltd
SHE:301116 |
83.3% |
CN¥1.50 Billion
≈ $219.83 Million |
CN¥250.18 Million | China | Sep 2025 |
| 25084 |
Aemulus Holdings Bhd
KLSE:0181 |
83.3% |
RM113.42 Million
≈ $28.48 Million |
RM18.89 Million | Malaysia | Sep 2025 |
| 25085 |
HMH Holding Inc. Class A Common Stock
NASDAQ:HMH |
83.3% | $709.93 Million | $118.25 Million | USA | Mar 2026 |
| 25086 |
Metsera, Inc. Common Stock
NASDAQ:MTSR |
83.3% | $449.23 Million | $74.83 Million | USA | Jun 2025 |
| 25087 |
Medincell SA
PA:MEDCL |
83.3% |
€8.92 Million
≈ $10.42 Million |
€1.49 Million | France | Mar 2021 |
| 25088 |
Chongqing Zhifei Bio Products
SHE:300122 |
83.3% |
CN¥15.71 Billion
≈ $2.30 Billion |
CN¥2.62 Billion | China | Mar 2026 |
| 25089 |
Dustin Group AB
ST:DUST |
83.3% |
Skr5.46 Billion
≈ $588.01 Million |
Skr911.00 Million | Sweden | Nov 2025 |
| 25090 |
Shanghai Originaldow Advanced
SHG:603991 |
83.3% |
CN¥3.54 Billion
≈ $517.67 Million |
CN¥589.92 Million | China | Mar 2026 |
| 25091 |
Smith & Nephew PLC
LSE:SN |
83.3% |
GBX5.29 Billion
≈ $643.75K |
GBX882.32 Million | UK | Dec 2025 |
| 25092 |
Smith & Nephew SNATS Inc
NYSE:SNN |
83.3% | $5.29 Billion | $882.00 Million | USA | Dec 2025 |
| 25093 |
Nimbus Group AB
ST:BOAT |
83.3% |
Skr980.13 Million
≈ $105.48 Million |
Skr163.46 Million | Sweden | Mar 2026 |
| 25094 |
Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS
IS:LKMNH |
83.3% |
TL2.51 Billion
≈ $56.14 Million |
TL418.10 Million | Turkey | Sep 2025 |
| 25095 |
Digitalbox PLC
LSE:DBOX |
83.3% |
GBX7.35 Million
≈ $894.53 |
GBX1.23 Million | UK | Dec 2025 |
| 25096 |
United Airlines Holdings Inc
NASDAQ:UAL |
83.3% | $15.88 Billion | $2.65 Billion | USA | Mar 2026 |
| 25097 |
AdvancedAdvT Ltd
LSE:ADVT |
83.3% |
GBX172.33 Million
≈ $20.97K |
GBX28.77 Million | UK | Aug 2025 |
| 25098 |
DIGITAL WORKFORCE SRV.EO1
F:DQ4 |
83.3% |
€14.12 Million
≈ $16.51 Million |
€2.36 Million | Germany | Dec 2025 |
| 25099 |
Outokumpu Oyj
HE:OUT1V |
83.3% |
€3.50 Billion
≈ $4.09 Billion |
€584.00 Million | Finland | Jun 2025 |
| 25100 |
FARO Technologies Inc
NASDAQ:FARO |
83.3% | $260.17 Million | $43.46 Million | USA | Mar 2025 |