Richards Packaging Income Fund
Richards Group Inc., together with its subsidiaries, designs, manufactures, and distributes packaging containers and healthcare supplies and products in North America. It offers paper, glass, metal, and plastic containers and closures. The company provides packaging design and development, sourcing capabilities, and logistics management services. It serves food and beverage, cosmetics, healthcare… Read more
Richards Packaging Income Fund (RPKIF) - Net Assets
Latest net assets as of June 2025: $201.81 Million USD
Based on the latest financial reports, Richards Packaging Income Fund (RPKIF) has net assets worth $201.81 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($418.11 Million) and total liabilities ($216.30 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $201.81 Million |
| % of Total Assets | 48.27% |
| Annual Growth Rate | 4.81% |
| 5-Year Change | 27.08% |
| 10-Year Change | 103.74% |
| Growth Volatility | 16.0 |
Richards Packaging Income Fund - Net Assets Trend (2004–2024)
This chart illustrates how Richards Packaging Income Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Richards Packaging Income Fund (2004–2024)
The table below shows the annual net assets of Richards Packaging Income Fund from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $204.05 Million | +13.27% |
| 2023-12-31 | $180.15 Million | +11.55% |
| 2022-12-31 | $161.50 Million | +23.44% |
| 2021-12-31 | $130.83 Million | -18.52% |
| 2020-12-31 | $160.57 Million | +26.70% |
| 2019-12-31 | $126.73 Million | +16.00% |
| 2018-12-31 | $109.25 Million | +18.90% |
| 2017-12-31 | $91.88 Million | -1.58% |
| 2016-12-31 | $93.36 Million | -6.79% |
| 2015-12-31 | $100.15 Million | +40.98% |
| 2014-12-31 | $71.04 Million | -3.18% |
| 2013-12-31 | $73.37 Million | -5.63% |
| 2012-12-31 | $77.75 Million | -2.19% |
| 2011-12-31 | $79.49 Million | -11.23% |
| 2010-12-31 | $89.55 Million | +2.63% |
| 2009-12-31 | $87.25 Million | +16.47% |
| 2008-12-31 | $74.91 Million | -20.29% |
| 2007-12-31 | $93.98 Million | +26.39% |
| 2006-12-31 | $74.36 Million | -3.43% |
| 2005-12-31 | $77.00 Million | -3.52% |
| 2004-12-31 | $79.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Richards Packaging Income Fund'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 18074500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $180.75 Million | 88.58% |
| Other Components | $23.30 Million | 11.42% |
| Total Equity | $204.05 Million | 100.00% |
Richards Packaging Income Fund Competitors by Market Cap
The table below lists competitors of Richards Packaging Income Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangxi Sunshine Dairy Co Ltd
SHE:001318
|
$164.61 Million |
|
Zedcor Inc.
PINK:ZDCAF
|
$164.65 Million |
|
PROTARA THERAPEUT.DL-001
F:1KPA
|
$164.66 Million |
|
Solrom Holdings Ltd
TA:SLRM
|
$164.72 Million |
|
Shanghai Tianyong Engineering Co Ltd
SHG:603895
|
$164.60 Million |
|
Yem Chio Co Ltd
TW:4306
|
$164.53 Million |
|
LPKF Laser & Electronics AG
PINK:LPKFF
|
$164.49 Million |
|
Shivalik Bimetal Controls Limited
NSE:SBCL
|
$164.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Richards Packaging Income Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 180,148,000 to 204,049,000, a change of 23,901,000 (13.3%).
- Net income of 35,845,000 contributed positively to equity growth.
- Dividend payments of 19,182,000 reduced retained earnings.
- Other factors increased equity by 7,238,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $35.84 Million | +17.57% |
| Dividends Paid | $19.18 Million | -9.4% |
| Other Changes | $7.24 Million | +3.55% |
| Total Change | $- | 13.27% |
Book Value vs Market Value Analysis
This analysis compares Richards Packaging Income Fund'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: 1.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $18.65 | x |
| 2016-12-31 | $0.00 | $18.65 | x |
| 2017-12-31 | $0.00 | $18.65 | x |
| 2018-12-31 | $0.00 | $18.65 | x |
| 2020-12-31 | $14.30 | $18.65 | x |
| 2021-12-31 | $11.94 | $18.65 | x |
| 2022-12-31 | $14.74 | $18.65 | x |
| 2023-12-31 | $16.44 | $18.65 | x |
| 2024-12-31 | $18.63 | $18.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Richards Packaging Income Fund 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): 17.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.79%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 1.62x
- Recent ROE (17.57%) is above the historical average (13.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 5.92% | 5.02% | 0.69x | 1.70x | $-3.26 Million |
| 2005 | 8.05% | 4.16% | 1.00x | 1.94x | $-1.43 Million |
| 2006 | 10.33% | 5.35% | 1.03x | 1.88x | $231.49K |
| 2007 | 14.41% | 7.14% | 0.88x | 2.30x | $3.47 Million |
| 2008 | 0.00% | 0.00% | 0.99x | 2.50x | $-6.24 Million |
| 2009 | 18.04% | 7.32% | 1.13x | 2.19x | $5.86 Million |
| 2010 | 10.86% | 4.90% | 1.09x | 2.03x | $697.89K |
| 2011 | 9.99% | 4.44% | 1.12x | 2.01x | $-7.75K |
| 2012 | 7.86% | 3.17% | 1.22x | 2.03x | $-1.67 Million |
| 2013 | 6.36% | 2.50% | 1.31x | 1.95x | $-2.67 Million |
| 2014 | 9.72% | 3.78% | 1.33x | 1.93x | $-200.76K |
| 2015 | 10.49% | 4.21% | 1.22x | 2.05x | $489.80K |
| 2016 | 8.47% | 2.75% | 1.40x | 2.20x | $-1.43 Million |
| 2017 | 18.11% | 5.61% | 1.55x | 2.09x | $7.45 Million |
| 2018 | 22.08% | 7.58% | 1.49x | 1.95x | $13.20 Million |
| 2019 | 17.15% | 6.50% | 1.35x | 1.96x | $9.06 Million |
| 2020 | 31.23% | 10.25% | 1.39x | 2.20x | $34.09 Million |
| 2021 | 1.58% | 0.46% | 1.26x | 2.73x | $-11.02 Million |
| 2022 | 27.97% | 10.11% | 1.28x | 2.17x | $29.02 Million |
| 2023 | 21.59% | 9.13% | 1.34x | 1.77x | $20.88 Million |
| 2024 | 17.57% | 8.79% | 1.23x | 1.62x | $15.44 Million |
Industry Comparison
This section compares Richards Packaging Income Fund's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Richards Packaging Income Fund (RPKIF) | $201.81 Million | 5.92% | 1.07x | $164.61 Million |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |