Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

69.8%
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
27001 DukSan Neolux Co.Ltd
KQ:213420 		70.3% ₩446.20 Billion
≈ $302.38 Million 		₩132.60 Billion Korea Sep 2025
27002 Thales S.A.
PA:HO 		70.3% €7.17 Billion
≈ $8.38 Billion 		€2.13 Billion France Jun 2025
27003 HAVN LIFE SCIENCES INC.
F:5NP0 		70.3% Annual €3.14 Million
≈ $3.67 Million 		€934.03K Germany Apr 2022
27004 JTC PLC
LSE:JTC 		70.2% GBX510.35 Million
≈ $62.09K 		GBX151.91 Million UK Jun 2025
27005 JTC PLC LS-01
F:2N9 		70.2% €510.35 Million
≈ $596.65 Million 		€151.91 Million Germany Jun 2025
27006 PULSION Medical Systems SE
MU:PUS 		70.2% €20.60 Million
≈ $24.08 Million 		€6.13 Million Germany Dec 2017
27007 Accelerant Holdings
NYSE:ARX 		70.2% $719.90 Million $214.40 Million USA Mar 2026
27008 Korla Pear
SHG:600506 		70.2% CN¥887.54 Million
≈ $129.88 Million 		CN¥264.39 Million China Sep 2025
27009 Staidson Beijing Biopharma
SHE:300204 		70.2% CN¥794.92 Million
≈ $116.32 Million 		CN¥236.85 Million China Mar 2026
27010 Quanta Services Inc
NYSE:PWR 		70.2% $9.14 Billion $2.72 Billion USA Mar 2026
27011 Grove Collaborative Holdings, Inc.
NYSE:GROV 		70.2% $7.37 Million $2.20 Million USA Mar 2026
27012 Knorr-Bremse AG
F:KBX 		70.2% €2.97 Billion
≈ $3.47 Billion 		€885.00 Million Germany Jun 2025
27013 ICU Medical Inc
NASDAQ:ICUI 		70.2% $2.12 Billion $633.56 Million USA Dec 2025
27014 Kt Skylife
KO:053210 		70.2% ₩548.67 Billion
≈ $371.83 Million 		₩163.75 Billion Korea Mar 2026
27015 Iflytek Co Ltd
SHE:002230 		70.1% CN¥19.90 Billion
≈ $2.91 Billion 		CN¥5.94 Billion China Mar 2026
27016 Wendel
PA:MF 		70.1% €5.44 Billion
≈ $6.35 Billion 		€1.62 Billion France Dec 2025
27017 Madhucon Projects Limited
NSE:MADHUCON 		70.1% Rs32.61 Billion
≈ $352.66 Million 		Rs9.74 Billion India Dec 2021
27018 Linde plc Ordinary Shares
NASDAQ:LIN 		70.1% $39.74 Billion $11.87 Billion USA Dec 2025
27019 China New Higher Education Group Limited
STU:8CN 		70.1% €4.95 Billion
≈ $5.79 Billion 		€1.48 Billion Germany Aug 2025
27020 China New Higher Education Group Limited
F:8CN 		70.1% €4.95 Billion
≈ $5.79 Billion 		€1.48 Billion Germany Jun 2025
27021 MAG Interactive AB (publ)
ST:MAGI 		70.1% Skr297.27 Million
≈ $31.99 Million 		Skr88.82 Million Sweden Nov 2025
27022 Zhongfu Information Inc
SHE:300659 		70.1% CN¥1.20 Billion
≈ $175.79 Million 		CN¥359.23 Million China Sep 2025
27023 LEROY SEAFOOD GR.UNSP.ADR
F:Z1L0 		70.1% €19.94 Billion
≈ $23.32 Billion 		€5.97 Billion Germany Dec 2025
27024 Wuxi Huaguang Boiler Co Ltd
SHG:600475 		70.1% CN¥10.68 Billion
≈ $1.56 Billion 		CN¥3.20 Billion China Mar 2026
27025 Robert Walters
LSE:RWA 		70.1% GBX101.20 Million
≈ $12.31K 		GBX30.30 Million UK Dec 2025
27026 PARKEN Sport & Entertainment
CO:PARKEN 		70.0% Dkr1.42 Billion
≈ $221.47 Million 		Dkr424.26 Million Denmark Sep 2025
27027 Huawen Media Investment Corp
SHE:000793 		70.0% CN¥448.11 Million
≈ $65.57 Million 		CN¥134.45 Million China Sep 2025
27028 Ocado Group PLC
LSE:OCDO 		70.0% GBX1.75 Billion
≈ $212.92K 		GBX525.40 Million UK Jun 2025
27029 White Mountains Insurance Group Ltd
NYSE:WTM 		70.0% $1.32 Billion $396.40 Million USA Mar 2026
27030 Betmakers Technology Group Ltd
AU:BET 		70.0% AU$93.96 Million
≈ $66.48 Million 		AU$28.22 Million Australia Dec 2025
27031 Svedbergs i Dalstorp AB (publ)
ST:SVED-B 		70.0% Skr1.68 Billion
≈ $181.20 Million 		Skr505.80 Million Sweden Mar 2026
27032 tonies SE
F:TNIE 		70.0% €337.91 Million
≈ $395.05 Million 		€101.51 Million Germany Jun 2025
27033 TELEFONICA BRASIL ADR 1
F:TSPA 		70.0% €69.00 Billion
≈ $80.67 Billion 		€20.73 Billion Germany Dec 2025
27034 Sociedad Química y Minera de Chile S.A
F:QYM 		70.0% €8.05 Billion
≈ $9.42 Billion 		€2.42 Billion Germany Dec 2025
27035 PT Satu Visi Putra Tbk
JK:VISI 		70.0% Rp185.48 Billion
≈ $10.87 Million 		Rp55.74 Billion Indonesia Sep 2025
27036 Propel Holdings Inc
TO:PRL 		69.9% CA$259.55 Million
≈ $187.75 Million 		CA$78.09 Million Canada Sep 2025
27037 Gansu Jingyuan Coal Industry and Electricity Power Co Ltd
SHE:000552 		69.9% CN¥17.07 Billion
≈ $2.50 Billion 		CN¥5.14 Billion China Mar 2026
27038 Elanders AB (publ)
ST:ELAN-B 		69.9% Skr3.60 Billion
≈ $387.96 Million 		Skr1.08 Billion Sweden Mar 2026
27039 Objective Corporation Ltd
AU:OCL 		69.9% AU$111.45 Million
≈ $78.86 Million 		AU$33.56 Million Australia Dec 2025
27040 Pepkor Holdings Ltd
JSE:PPH 		69.9% ZAC63.24 Billion
≈ $33.61 Million 		ZAC19.05 Billion South Africa Sep 2025
27041 Rastar Group
SHE:300043 		69.9% CN¥1.66 Billion
≈ $243.14 Million 		CN¥500.84 Million China Jun 2025
27042 GE Vernova LLC
NYSE:GEV 		69.8% $15.06 Billion $4.54 Billion USA Mar 2026
27043 Global Power Synergy PCL
BK:GPSC 		69.8% ฿116.44 Billion
≈ $3.63 Billion 		฿35.13 Billion Thailand Dec 2025
27044 Speedvalue Ltd
TA:SPDV 		69.8% ILA51.33 Million
≈ $137.60K 		ILA15.49 Million Israel Dec 2025
27045 Equity Story Group Ltd
AU:EQS 		69.8% AU$444.77K
≈ $314.70K 		AU$134.24K Australia Dec 2023
27046 FlexQube AB
ST:FLEXQ 		69.8% Skr52.12 Million
≈ $5.61 Million 		Skr15.74 Million Sweden Mar 2026
27047 Constellation Brands Inc Class A
NYSE:STZ 		69.8% $8.39 Billion $2.53 Billion USA Feb 2026
27048 ML System S.A.
WAR:MLS 		69.8% zł109.03 Million
≈ $30.01 Million 		zł32.94 Million Poland Sep 2025
27049 Thai Union Group Public Company Limited
BK:TU-R 		69.8% ฿52.53 Billion
≈ $1.64 Billion 		฿15.87 Billion Thailand Jun 2025
27050 HANSEN TECHNOLOGIES LTD.
F:H2T 		69.8% €379.95 Million
≈ $444.20 Million 		€114.81 Million Germany Jun 2025
27051 Hansen Technologies Ltd
AU:HSN 		69.8% AU$379.95 Million
≈ $268.84 Million 		AU$114.81 Million Australia Jun 2025
27052 China Gold International Resources
TO:CGG 		69.8% CA$2.38 Billion
≈ $1.72 Billion 		CA$720.72 Million Canada Mar 2026
27053 Soosung Innovation Co. Ltd.
KQ:084180 		69.8% ₩78.58 Billion
≈ $53.25 Million 		₩23.76 Billion Korea Mar 2026
27054 Chesnara
LSE:CSN 		69.8% GBX293.30 Million
≈ $35.69K 		GBX88.70 Million UK Jun 2025
27055 Solareast Holdings Co Ltd
SHG:603366 		69.7% CN¥4.18 Billion
≈ $612.03 Million 		CN¥1.27 Billion China Sep 2025
27056 Widepoint C
NYSE MKT:WYY 		69.7% $12.16 Million $3.68 Million USA Sep 2025
27057 Goke Microelectronics Co Ltd
SHE:300672 		69.7% CN¥3.87 Billion
≈ $565.97 Million 		CN¥1.17 Billion China Mar 2026
27058 LSI Industries Inc
NASDAQ:LYTS 		69.7% $248.10 Million $75.11 Million USA Dec 2025
27059 Beijing Jingwei Hirain Technologies Co. Ltd. A
SHG:688326 		69.7% CN¥4.08 Billion
≈ $596.34 Million 		CN¥1.23 Billion China Mar 2026
27060 Radium Life Tech Co Ltd
TW:2547 		69.7% NT$15.40 Billion
≈ $485.31 Million 		NT$4.67 Billion Taiwan Dec 2025
27061 Baiyin Nonferrous Group Co Ltd
SHG:601212 		69.7% CN¥19.20 Billion
≈ $2.81 Billion 		CN¥5.82 Billion China Mar 2026
27062 Thai Rubber Latex Group Public Company Limited
BK:TRUBB 		69.7% ฿3.27 Billion
≈ $102.05 Million 		฿993.19 Million Thailand Sep 2025
27063 Hainan Poly Pharm Co Ltd
SHE:300630 		69.6% CN¥2.81 Billion
≈ $411.03 Million 		CN¥852.51 Million China Sep 2024
27064 Guanghui Energy Co Ltd
SHG:600256 		69.6% CN¥23.31 Billion
≈ $3.41 Billion 		CN¥7.08 Billion China Mar 2026
27065 Tyson Foods Inc
NYSE:TSN 		69.6% $18.20 Billion $5.53 Billion USA Mar 2026
27066 Genmab A/S
CO:GMAB 		69.6% Dkr5.75 Billion
≈ $899.79 Million 		Dkr1.75 Billion Denmark Sep 2025
27067 HLB Global Co Ltd
KO:003580 		69.6% ₩73.63 Billion
≈ $49.90 Million 		₩22.39 Billion Korea Sep 2025
27068 Marsh & McLennan Companies Inc
NYSE:MMC 		69.6% $15.36 Billion $4.67 Billion USA Sep 2025
27069 Farmacias Benavides S.A.B. de C.V.
MX:BEVIDESB 		69.6% MX$616.48 Million
≈ $35.48 Million 		MX$187.50 Million Mexico Sep 2018
27070 Maas Group Holdings Ltd
AU:MGH 		69.6% AU$922.67 Million
≈ $652.85 Million 		AU$280.69 Million Australia Dec 2025
27071 YETI Holdings Inc
NYSE:YETI 		69.6% $702.56 Million $213.82 Million USA Sep 2025
27072 Telekom Austria AG
VI:TKA 		69.5% €5.01 Billion
≈ $5.85 Billion 		€1.52 Billion Austria Jun 2025
27073 Huaren Pharmaceutical Co Ltd
SHE:300110 		69.5% CN¥925.86 Million
≈ $135.48 Million 		CN¥281.96 Million China Mar 2026
27074 Guangdong Dcenti Auto-Parts Stock Ltd Co
SHG:603335 		69.5% CN¥327.36 Million
≈ $47.90 Million 		CN¥99.72 Million China Sep 2025
27075 Timken Company
NYSE:TKR 		69.5% $3.37 Billion $1.03 Billion USA Mar 2026
27076 Smartbroker Holding AG
XETRA:SB1 		69.5% €43.90 Million
≈ $51.32 Million 		€13.38 Million Germany Jun 2025
27077 Ilika plc
LSE:IKA 		69.5% GBX17.70 Million
≈ $2.15K 		GBX5.39 Million UK Oct 2025
27078 Samsung Biologics Co Ltd
KO:207940 		69.5% ₩12.18 Trillion
≈ $8.25 Billion 		₩3.71 Trillion Korea Sep 2025
27079 Mirion Technologies Inc
NYSE:MIR 		69.5% $1.89 Billion $576.00 Million USA Mar 2026
27080 Harbin Dongan Auto Engine Co Ltd
SHG:600178 		69.5% CN¥3.51 Billion
≈ $513.36 Million 		CN¥1.07 Billion China Mar 2026
27081 Telefonica Brasil SA ADR
NYSE:VIV 		69.5% $68.50 Billion $20.90 Billion USA Sep 2025
27082 Telefônica Brasil S.A.
SA:VIVT3 		69.5% R$68.50 Billion
≈ $13.44 Billion 		R$20.90 Billion Brazil Sep 2025
27083 Nanjing Yunhai Special Metals Co Ltd
SHE:002182 		69.5% CN¥6.13 Billion
≈ $896.57 Million 		CN¥1.87 Billion China Mar 2026
27084 CJ CGV
KO:079160 		69.5% ₩650.34 Billion
≈ $440.73 Million 		₩198.64 Billion Korea Dec 2025
27085 Beijing Jetsen Tech Co
SHE:300182 		69.5% CN¥8.53 Billion
≈ $1.25 Billion 		CN¥2.61 Billion China Mar 2026
27086 Conduit Pharmaceuticals Inc.
NASDAQ:CDT 		69.4% $1.28 Billion $392.43 Million USA Mar 2026
27087 Belden Inc
NYSE:BDC 		69.4% $1.28 Billion $392.43 Million USA Mar 2026
27088 EQT AB (publ)
ST:EQT 		69.4% Skr7.51 Billion
≈ $808.63 Million 		Skr2.30 Billion Sweden Dec 2025
27089 Community Health Systems Inc
NYSE:CYH 		69.4% $1.84 Billion $563.00 Million USA Sep 2017
27090 AZZ Incorporated
NYSE:AZZ 		69.4% $1.34 Billion $409.74 Million USA Feb 2026
27091 Amadeus Fire AG
XETRA:AAD 		69.3% €130.08 Million
≈ $152.08 Million 		€39.87 Million Germany Mar 2026
27092 XTI Aerospace, Inc.
NASDAQ:XTIA 		69.3% $30.44 Million $9.34 Million USA Mar 2026
27093 MT Hoejgaard Holding A/S
CO:MTHH 		69.3% Dkr1.20 Billion
≈ $187.12 Million 		Dkr367.00 Million Denmark Mar 2026
27094 Rexel S.A
PA:RXL 		69.3% €5.41 Billion
≈ $6.32 Billion 		€1.66 Billion France Dec 2025
27095 REXEL S.A. ADR EO 5
F:E7V0 		69.3% €5.41 Billion
≈ $6.32 Billion 		€1.66 Billion Germany Dec 2025
27096 Ola Electric Mobility Ltd
NSE:OLAELEC 		69.3% Rs33.51 Billion
≈ $362.40 Million 		Rs10.30 Billion India Mar 2026
27097 Selic Corp Public Company Limited
BK:SELIC 		69.3% ฿1.64 Billion
≈ $51.26 Million 		฿505.58 Million Thailand Dec 2025
27098 LUOYANG GLASS CO. H YC 1
F:LUG 		69.2% €3.24 Billion
≈ $3.79 Billion 		€997.60 Million Germany Mar 2026
27099 Luoyang Glass
SHG:600876 		69.2% CN¥3.24 Billion
≈ $474.71 Million 		CN¥997.60 Million China Mar 2026
27100 SENORES PHARMACEUTICALS L
NSE:SENORES 		69.2% Rs8.34 Billion
≈ $90.24 Million 		Rs2.57 Billion India Sep 2025