RN2 Technologies Co. Ltd
RN2 Technologies Co., Ltd. engages in the multi-layer components, multi-layer ceramic PCB, and LTCC power material business. It offers 90-degrees hybrid, directional, asymmetric, and broadband couplers; Doherty combiners; terminations; delay lines; dividers; attenuators; quadrifilars; and MCP foundry service with LTCC, alumina, AlN, Al2O3, and ZTA substrates. The company was founded in 2002 and i… Read more
RN2 Technologies Co. Ltd (148250) - Net Assets
Latest net assets as of September 2025: ₩40.45 Billion KRW
Based on the latest financial reports, RN2 Technologies Co. Ltd (148250) has net assets worth ₩40.45 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩52.58 Billion) and total liabilities (₩12.13 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩40.45 Billion |
| % of Total Assets | 76.93% |
| Annual Growth Rate | 12.31% |
| 5-Year Change | -1.36% |
| 10-Year Change | 120.34% |
| Growth Volatility | 19.65 |
RN2 Technologies Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how RN2 Technologies Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RN2 Technologies Co. Ltd (2014–2024)
The table below shows the annual net assets of RN2 Technologies Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩35.65 Billion | -8.31% |
| 2023-12-31 | ₩38.88 Billion | -9.90% |
| 2022-12-31 | ₩43.15 Billion | -4.57% |
| 2021-12-31 | ₩45.22 Billion | +25.13% |
| 2020-12-31 | ₩36.14 Billion | +14.10% |
| 2019-12-31 | ₩31.67 Billion | +43.21% |
| 2018-12-31 | ₩22.11 Billion | +3.18% |
| 2017-12-31 | ₩21.43 Billion | +2.02% |
| 2016-12-31 | ₩21.01 Billion | +29.85% |
| 2015-12-31 | ₩16.18 Billion | +44.95% |
| 2014-12-31 | ₩11.16 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to RN2 Technologies Co. Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 7.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩7.31 Billion | 20.50% |
| Common Stock | ₩3.82 Billion | 10.73% |
| Other Components | ₩24.52 Billion | 68.77% |
| Total Equity | ₩35.65 Billion | 100.00% |
RN2 Technologies Co. Ltd Competitors by Market Cap
The table below lists competitors of RN2 Technologies Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
American West Metals Limited
PINK:AWMLF
|
$13.17 Million |
|
Haranga Resources Ltd
AU:HAR
|
$13.17 Million |
|
Khaitan Chemicals & Fertilizers Limited
NSE:KHAICHEM
|
$13.17 Million |
|
Sabio Holdings Inc.
OTCQB:SABOF
|
$13.18 Million |
|
Heritage NOLA Bancorp Inc
PINK:HRGG
|
$13.17 Million |
|
Modular Medical Inc
NASDAQ:MODD
|
$13.16 Million |
|
Oreterra Metals Corp.
V:OTMC
|
$13.16 Million |
|
SDS Group Bhd
KLSE:0212
|
$13.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RN2 Technologies Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,876,631,580 to 35,646,551,190, a change of -3,230,080,390 (-8.3%).
- Net loss of 1,718,611,580 reduced equity.
- Dividend payments of 221,735,580 reduced retained earnings.
- Share repurchases of 957,893,540 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.72 Billion | -4.82% |
| Dividends Paid | ₩221.74 Million | -0.62% |
| Share Repurchases | ₩957.89 Million | -2.69% |
| Other Changes | ₩-331.84 Million | -0.93% |
| Total Change | ₩- | -8.31% |
Book Value vs Market Value Analysis
This analysis compares RN2 Technologies Co. Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.97x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩3319.28 | ₩3215.00 | x |
| 2017-12-31 | ₩3386.45 | ₩3215.00 | x |
| 2018-12-31 | ₩3494.02 | ₩3215.00 | x |
| 2019-12-31 | ₩4500.26 | ₩3215.00 | x |
| 2020-12-31 | ₩5060.44 | ₩3215.00 | x |
| 2021-12-31 | ₩5960.17 | ₩3215.00 | x |
| 2022-12-31 | ₩5837.92 | ₩3215.00 | x |
| 2023-12-31 | ₩5259.86 | ₩3215.00 | x |
| 2024-12-31 | ₩4968.62 | ₩3215.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RN2 Technologies Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.02%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.29x
- Recent ROE (-4.82%) is below the historical average (3.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.34% | 15.92% | 0.53x | 1.69x | ₩484.91 Million |
| 2015 | 10.49% | 16.54% | 0.47x | 1.35x | ₩78.58 Million |
| 2016 | 5.87% | 10.24% | 0.44x | 1.29x | ₩-868.09 Million |
| 2017 | 3.62% | 5.40% | 0.41x | 1.65x | ₩-1.37 Billion |
| 2018 | 4.36% | 5.58% | 0.44x | 1.76x | ₩-1.25 Billion |
| 2019 | 2.87% | 4.33% | 0.41x | 1.60x | ₩-2.26 Billion |
| 2020 | 10.95% | 16.59% | 0.43x | 1.54x | ₩342.62 Million |
| 2021 | 3.46% | 6.21% | 0.33x | 1.67x | ₩-2.96 Billion |
| 2022 | -0.28% | -0.51% | 0.38x | 1.42x | ₩-4.43 Billion |
| 2023 | -9.48% | -25.10% | 0.30x | 1.28x | ₩-7.57 Billion |
| 2024 | -4.82% | -12.02% | 0.31x | 1.29x | ₩-5.28 Billion |
Industry Comparison
This section compares RN2 Technologies Co. Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $4,884,693,441,806
- Average return on equity (ROE) among peers: 9.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RN2 Technologies Co. Ltd (148250) | ₩40.45 Billion | 14.34% | 0.30x | $13.17 Million |
| SK Hynix Inc (000660) | $46.85 Trillion | 33.17% | 0.36x | $359.51 Billion |
| DB HiTek Co Ltd (000990) | $375.96 Billion | 10.99% | 1.60x | $1.65 Billion |
| Charm Engine (009310) | $103.16 Billion | 14.91% | 1.03x | $6.17 Million |
| Auk Corp (017900) | $78.53 Billion | 4.40% | 1.19x | $27.81 Million |
| SFA Semicon Co. Ltd (036540) | $455.60 Billion | 9.42% | 0.48x | $348.99 Million |
| Fine Semitech Corp (036810) | $239.77 Billion | -5.65% | 0.71x | $388.60 Million |
| Seoul Semiconductor Co. Ltd (046890) | $187.09 Billion | 9.45% | 0.31x | $285.72 Million |
| Kona I Co.Ltd (052400) | $82.57 Billion | -11.14% | 2.49x | $351.95 Million |
| Telechips Inc (054450) | $246.20 Billion | 25.44% | 0.52x | $90.74 Million |
| APS Holdings Corporation (054620) | $225.71 Billion | -0.59% | 0.83x | $45.27 Million |