RKICF
Miroku Jyoho Service Co., Ltd. provides systems and solutions to tax accounting and CPA firms, and their client companies, and small/mid-sized companies in Japan. The company is involved in development of computer systems and application software; planning and development of industry-specific and process-specific application software; consulting from ERP deployment to development, operation and i… Read more
RKICF (RKICF) - Net Assets
Latest net assets as of September 2025: $30.66 Billion USD
Based on the latest financial reports, RKICF (RKICF) has net assets worth $30.66 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($45.69 Billion) and total liabilities ($15.03 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 | $30.66 Billion |
| % of Total Assets | 67.1% |
| Annual Growth Rate | 9.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.64 |
RKICF - Net Assets Trend (2021–2025)
This chart illustrates how RKICF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RKICF (2021–2025)
The table below shows the annual net assets of RKICF from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $29.64 Billion | +9.01% |
| 2024-03-31 | $27.19 Billion | +9.74% |
| 2023-03-31 | $24.77 Billion | +9.48% |
| 2022-03-31 | $22.63 Billion | +10.76% |
| 2021-03-31 | $20.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to RKICF'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 49.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $25.71 Billion | 87.81% |
| Other Components | $3.57 Billion | 12.19% |
| Total Equity | $29.28 Billion | 100.00% |
RKICF Competitors by Market Cap
The table below lists competitors of RKICF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shentong Technology Group Co Ltd
SHG:605228
|
$189.27 Million |
|
NEOBO FASTIGHETER
ST:NEOBO
|
$189.28 Million |
|
Nanjing Res In of Surveying Mapping
SHE:300826
|
$189.39 Million |
|
First Western Financial Inc
NASDAQ:MYFW
|
$189.41 Million |
|
Studio City International Holdings Ltd
NYSE:MSC
|
$189.23 Million |
|
RIAMB (Beijing) Tech Dvlp Co
SHG:603082
|
$189.21 Million |
|
Tongdao Liepin Group
PINK:TGDLF
|
$189.20 Million |
|
Nantex Industry Co Ltd
TW:2108
|
$189.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RKICF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,711,000,000 to 29,280,000,000, a change of 2,569,000,000 (9.6%).
- Net income of 4,381,000,000 contributed positively to equity growth.
- Dividend payments of 1,495,000,000 reduced retained earnings.
- Other factors decreased equity by 317,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.38 Billion | +14.96% |
| Dividends Paid | $1.50 Billion | -5.11% |
| Other Changes | $-317.00 Million | -1.08% |
| Total Change | $- | 9.62% |
Book Value vs Market Value Analysis
This analysis compares RKICF'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: 0.01x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | $655.66 | $12.05 | x |
| 2022-03-31 | $743.24 | $12.05 | x |
| 2023-03-31 | $813.11 | $12.05 | x |
| 2024-03-31 | $892.77 | $12.05 | x |
| 2025-03-31 | $978.24 | $12.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RKICF 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): 14.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.49%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.55x
- Recent ROE (14.96%) is below the historical average (16.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 13.30% | 7.79% | 0.79x | 2.15x | $658.20 Million |
| 2022 | 20.35% | 12.34% | 0.84x | 1.96x | $2.30 Billion |
| 2023 | 15.52% | 9.09% | 0.91x | 1.89x | $1.34 Billion |
| 2024 | 15.87% | 9.64% | 0.96x | 1.72x | $1.57 Billion |
| 2025 | 14.96% | 9.49% | 1.02x | 1.55x | $1.45 Billion |
Industry Comparison
This section compares RKICF's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,166,100,419
- Average return on equity (ROE) among peers: -60.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RKICF (RKICF) | $30.66 Billion | 13.30% | 0.49x | $189.25 Million |
| Abaxx Technologies Inc (ABXXF) | $-1.66 Million | 0.00% | 0.00x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $494.24K | -556.36% | 1.94x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $4.65 Billion | 15.57% | 0.23x | $100.66 Billion |
| Adcore Inc (ADCOF) | $-3.18 | 0.00% | 0.00x | $3.03 Million |
| ADEIA CORP (ADEA) | $446.70 Million | -41.54% | 0.09x | $2.48 Billion |
| Automatic Data Processing Inc (ADP) | $6.01 Billion | 20.87% | 4.70x | $83.68 Billion |
| Autodesk Inc (ADSK) | $569.21 Million | 5.60% | 0.55x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-23.08 Million | 0.00% | 0.00x | $0.98 |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $48.56 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.96 |