Richardson Electronics Ltd (RELL) - Net Assets
Based on the latest financial reports, Richardson Electronics Ltd (RELL) has net assets worth $158.47 Million USD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($201.77 Million) and total liabilities ($43.29 Million). 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. Check Richardson Electronics Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $158.47 Million |
| % of Total Assets | 78.54% |
| Annual Growth Rate | 2.54% |
| 5-Year Change | 28.87% |
| 10-Year Change | 10.58% |
| Growth Volatility | 18.79 |
Richardson Electronics Ltd - Net Assets Trend (1986–2025)
This chart illustrates how Richardson Electronics Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Richardson Electronics Ltd for the complete picture of this company's asset base.
Annual Net Assets for Richardson Electronics Ltd (1986–2025)
The table below shows the annual net assets of Richardson Electronics Ltd from 1986 to 2025. For live valuation and market cap data, see RELL company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $156.66 Million | -0.82% |
| 2024-05-31 | $157.95 Million | -0.86% |
| 2023-05-31 | $159.32 Million | +17.28% |
| 2022-05-31 | $135.85 Million | +11.75% |
| 2021-05-31 | $121.56 Million | +2.44% |
| 2020-05-31 | $118.66 Million | -4.12% |
| 2019-05-31 | $123.76 Million | -8.45% |
| 2018-05-31 | $135.18 Million | +2.16% |
| 2017-05-31 | $132.33 Million | -6.60% |
| 2016-05-31 | $141.68 Million | -9.56% |
| 2015-05-31 | $156.65 Million | -10.41% |
| 2014-05-31 | $174.84 Million | -5.61% |
| 2013-05-31 | $185.24 Million | -7.48% |
| 2012-05-31 | $200.21 Million | -9.83% |
| 2011-05-31 | $222.05 Million | +70.99% |
| 2010-05-31 | $129.86 Million | +9.41% |
| 2009-05-31 | $118.69 Million | -16.08% |
| 2008-05-31 | $141.43 Million | +3.58% |
| 2007-05-31 | $136.54 Million | +38.99% |
| 2006-05-31 | $98.24 Million | +11.42% |
| 2005-05-31 | $88.17 Million | +4.82% |
| 2004-05-31 | $84.11 Million | +12.01% |
| 2003-05-31 | $75.09 Million | -24.61% |
| 2002-05-31 | $99.60 Million | -9.08% |
| 2001-05-31 | $109.55 Million | +16.55% |
| 2000-05-31 | $93.99 Million | +11.50% |
| 1999-05-31 | $84.30 Million | -7.97% |
| 1998-05-31 | $91.60 Million | +53.69% |
| 1997-05-31 | $59.60 Million | -5.10% |
| 1996-05-31 | $62.80 Million | +11.74% |
| 1995-05-31 | $56.20 Million | +6.84% |
| 1994-05-31 | $52.60 Million | -30.24% |
| 1993-05-31 | $75.40 Million | -0.79% |
| 1992-05-31 | $76.00 Million | +3.54% |
| 1991-05-31 | $73.40 Million | -18.26% |
| 1990-05-31 | $89.80 Million | -0.22% |
| 1989-05-31 | $90.00 Million | +13.35% |
| 1988-05-31 | $79.40 Million | +18.33% |
| 1987-05-31 | $67.10 Million | +14.12% |
| 1986-05-31 | $58.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Richardson Electronics 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 grown by 191.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $79.34 Million | 50.65% |
| Common Stock | $720.00K | 0.46% |
| Other Comprehensive Income | $2.15 Million | 1.37% |
| Other Components | $74.44 Million | 47.52% |
| Total Equity | $156.66 Million | 100.00% |
Richardson Electronics Ltd Competitors by Market Cap
The table below lists competitors of Richardson Electronics Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cerrado Gold Corp
V:CERT
|
$180.88 Million |
|
Centratama Telekomunikasi Ind
JK:CENT
|
$180.90 Million |
|
Steel Pipe Industry Of Indonesia
JK:ISSP
|
$180.98 Million |
|
NP3 Fastigheter AB (publ)
ST:NP3-PREF
|
$180.99 Million |
|
Curiositystream Inc.
NASDAQ:CURI
|
$180.73 Million |
|
LBS Bina Group Bhd
KLSE:5789
|
$180.72 Million |
|
C. Mer Industries Ltd
TA:CMER
|
$180.54 Million |
|
TOVIS Co.Ltd
KQ:051360
|
$180.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Richardson Electronics Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 157,952,000 to 156,659,000, a change of -1,293,000 (-0.8%).
- Net loss of 1,143,000 reduced equity.
- Dividend payments of 3,407,000 reduced retained earnings.
- New share issuances of 320,000 increased equity.
- Other comprehensive income increased equity by 1,390,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.14 Million | -0.73% |
| Dividends Paid | $3.41 Million | -2.17% |
| Share Issuances | $320.00K | +0.2% |
| Other Comprehensive Income | $1.39 Million | +0.89% |
| Other Changes | $1.55 Million | +0.99% |
| Total Change | $- | -0.82% |
Book Value vs Market Value Analysis
This analysis compares Richardson Electronics 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: 1.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.31x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-05-31 | $6.27 | $14.48 | x |
| 1987-05-31 | $6.71 | $14.48 | x |
| 1988-05-31 | $7.16 | $14.48 | x |
| 1989-05-31 | $7.87 | $14.48 | x |
| 1990-05-31 | $8.08 | $14.48 | x |
| 1991-05-31 | $6.62 | $14.48 | x |
| 1992-05-31 | $6.71 | $14.48 | x |
| 1993-05-31 | $6.73 | $14.48 | x |
| 1994-05-31 | $4.66 | $14.48 | x |
| 1995-05-31 | $4.87 | $14.48 | x |
| 1996-05-31 | $5.23 | $14.48 | x |
| 1997-05-31 | $5.01 | $14.48 | x |
| 1998-05-31 | $7.22 | $14.48 | x |
| 1999-05-31 | $6.06 | $14.48 | x |
| 2000-05-31 | $5.67 | $14.48 | x |
| 2001-05-31 | $6.24 | $14.48 | x |
| 2002-05-31 | $7.34 | $14.48 | x |
| 2003-05-31 | $7.19 | $14.48 | x |
| 2004-05-31 | $5.83 | $14.48 | x |
| 2005-05-31 | $5.83 | $14.48 | x |
| 2006-05-31 | $5.64 | $14.48 | x |
| 2007-05-31 | $6.59 | $14.48 | x |
| 2008-05-31 | $7.93 | $14.48 | x |
| 2009-05-31 | $6.63 | $14.48 | x |
| 2010-05-31 | $7.29 | $14.48 | x |
| 2011-05-31 | $12.32 | $14.48 | x |
| 2012-05-31 | $11.70 | $14.48 | x |
| 2013-05-31 | $12.05 | $14.48 | x |
| 2014-05-31 | $12.34 | $14.48 | x |
| 2015-05-31 | $11.32 | $14.48 | x |
| 2016-05-31 | $10.86 | $14.48 | x |
| 2017-05-31 | $10.30 | $14.48 | x |
| 2018-05-31 | $10.43 | $14.48 | x |
| 2019-05-31 | $9.65 | $14.48 | x |
| 2020-05-31 | $9.19 | $14.48 | x |
| 2021-05-31 | $9.31 | $14.48 | x |
| 2022-05-31 | $9.92 | $14.48 | x |
| 2023-05-31 | $11.07 | $14.48 | x |
| 2024-05-31 | $10.88 | $14.48 | x |
| 2025-05-31 | $12.74 | $14.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Richardson Electronics 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): -0.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.55%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.25x
- Recent ROE (-0.73%) is below the historical average (2.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 10.37% | 8.08% | 0.87x | 1.47x | $220.00K |
| 1987 | 12.22% | 8.10% | 0.54x | 2.78x | $1.49 Million |
| 1988 | 14.11% | 9.47% | 0.60x | 2.50x | $3.26 Million |
| 1989 | 13.22% | 7.60% | 0.73x | 2.37x | $2.90 Million |
| 1990 | 1.11% | 0.62% | 0.74x | 2.40x | $-7.98 Million |
| 1991 | -22.07% | -10.06% | 0.75x | 2.93x | $-23.54 Million |
| 1992 | 2.24% | 1.07% | 0.77x | 2.71x | $-5.90 Million |
| 1993 | 3.71% | 1.76% | 0.78x | 2.72x | $-4.74 Million |
| 1994 | -37.64% | -11.50% | 0.96x | 3.41x | $-25.06 Million |
| 1995 | 5.34% | 1.44% | 1.20x | 3.09x | $-2.62 Million |
| 1996 | 12.90% | 3.38% | 1.33x | 2.87x | $1.82 Million |
| 1997 | -2.52% | -0.59% | 1.33x | 3.23x | $-7.46 Million |
| 1998 | 10.59% | 3.19% | 1.45x | 2.29x | $540.00K |
| 1999 | 9.96% | 2.62% | 1.36x | 2.80x | $-30.00K |
| 2000 | 13.94% | 3.22% | 1.54x | 2.82x | $3.70 Million |
| 2001 | 16.19% | 3.53% | 1.56x | 2.93x | $6.78 Million |
| 2002 | -11.31% | -2.54% | 1.55x | 2.88x | $-21.23 Million |
| 2003 | -36.14% | -5.93% | 1.75x | 3.47x | $-35.18 Million |
| 2004 | 7.17% | 1.16% | 1.86x | 3.32x | $-2.38 Million |
| 2005 | 7.17% | 1.16% | 1.84x | 3.36x | $-2.38 Million |
| 2006 | -2.69% | -0.50% | 1.71x | 3.15x | $-12.47 Million |
| 2007 | 29.79% | 7.30% | 1.60x | 2.56x | $27.02 Million |
| 2008 | -5.96% | -1.48% | 1.99x | 2.02x | $-22.57 Million |
| 2009 | -10.25% | -2.45% | 1.99x | 2.10x | $-24.03 Million |
| 2010 | 12.39% | 3.27% | 2.09x | 1.81x | $3.11 Million |
| 2011 | 40.18% | 56.70% | 0.51x | 1.40x | $67.66 Million |
| 2012 | 4.26% | 5.40% | 0.68x | 1.16x | $-11.50 Million |
| 2013 | 0.67% | 0.88% | 0.65x | 1.17x | $-17.28 Million |
| 2014 | -0.29% | -0.37% | 0.68x | 1.16x | $-18.00 Million |
| 2015 | -3.55% | -4.06% | 0.74x | 1.18x | $-21.22 Million |
| 2016 | -4.78% | -4.76% | 0.84x | 1.19x | $-20.93 Million |
| 2017 | -5.24% | -5.06% | 0.87x | 1.19x | $-20.16 Million |
| 2018 | 2.83% | 2.34% | 0.98x | 1.23x | $-9.70 Million |
| 2019 | -5.92% | -4.40% | 1.09x | 1.24x | $-19.70 Million |
| 2020 | -1.55% | -1.18% | 1.03x | 1.27x | $-13.70 Million |
| 2021 | 1.36% | 0.94% | 1.13x | 1.29x | $-10.50 Million |
| 2022 | 13.20% | 7.98% | 1.25x | 1.32x | $4.34 Million |
| 2023 | 14.02% | 8.50% | 1.33x | 1.24x | $6.40 Million |
| 2024 | 0.04% | 0.03% | 1.02x | 1.22x | $-15.73 Million |
| 2025 | -0.73% | -0.55% | 1.07x | 1.25x | $-16.81 Million |
Industry Comparison
This section compares Richardson Electronics Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $363,178,227
- Average return on equity (ROE) among peers: 11.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Richardson Electronics Ltd (RELL) | $158.47 Million | 10.37% | 0.27x | $180.73 Million |
| Allient Inc. (ALNT) | $101.81 Million | 15.64% | 1.80x | $1.08 Billion |
| Amphenol Corporation (APH) | $2.34 Billion | 21.19% | 0.71x | $174.92 Billion |
| Bel Fuse A Inc (BELFA) | $233.12 Million | 8.23% | 1.52x | $541.76 Million |
| Bel Fuse B Inc (BELFB) | $178.46 Million | 13.85% | 0.22x | $2.47 Billion |
| Benchmark Electronics Inc (BHE) | $281.94 Million | 4.25% | 1.70x | $2.22 Billion |
| Cps Technologies (CPSH) | $17.32 Million | 7.91% | 0.25x | $84.99 Million |
| CTS Corporation (CTS) | $310.70 Million | 6.42% | 0.68x | $1.36 Billion |
| Data I/O Corporation (DAIO) | $48.20 Million | 9.54% | 0.29x | $25.54 Million |
| Daktronics Inc (DAKT) | $36.23 Million | 17.18% | 1.00x | $960.33 Million |
| Deswell Industries Inc (DSWL) | $81.28 Million | 7.62% | 0.24x | $50.36 Million |
About Richardson Electronics Ltd
Richardson Electronics, Ltd. provides engineered solutions, power grid and microwave tube, and related consumables in North America, the Asia Pacific, Europe, and Latin America. The company's Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial po… Read more