Ritek Corp (2349) - Net Assets
Based on the latest financial reports, Ritek Corp (2349) has net assets worth NT$9.39 Billion TWD (≈ $295.95 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$18.23 Billion ≈ $574.48 Million USD) and total liabilities (NT$8.84 Billion ≈ $278.53 Million USD). 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 Ritek Corp (2349) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$9.39 Billion |
| % of Total Assets | 51.52% |
| Annual Growth Rate | -7.2% |
| 5-Year Change | -10.54% |
| 10-Year Change | -45.82% |
| Growth Volatility | 7.14 |
Ritek Corp - Net Assets Trend (2000–2025)
This chart illustrates how Ritek Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Ritek Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Ritek Corp (2000–2025)
The table below shows the annual net assets of Ritek Corp from 2000 to 2025. For live valuation and market cap data, see how much is Ritek Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$9.39 Billion ≈ $295.95 Million |
-2.63% |
| 2024-12-31 | NT$9.65 Billion ≈ $303.93 Million |
-5.59% |
| 2023-12-31 | NT$10.22 Billion ≈ $321.93 Million |
-3.90% |
| 2022-12-31 | NT$10.63 Billion ≈ $334.98 Million |
+1.26% |
| 2021-12-31 | NT$10.50 Billion ≈ $330.82 Million |
+2.07% |
| 2020-12-31 | NT$10.29 Billion ≈ $324.13 Million |
-7.88% |
| 2019-12-31 | NT$11.17 Billion ≈ $351.86 Million |
-15.44% |
| 2018-12-31 | NT$13.21 Billion ≈ $416.11 Million |
-9.36% |
| 2017-12-31 | NT$14.57 Billion ≈ $459.06 Million |
-15.95% |
| 2016-12-31 | NT$17.34 Billion ≈ $546.19 Million |
-14.03% |
| 2015-12-31 | NT$20.17 Billion ≈ $635.33 Million |
-10.19% |
| 2014-12-31 | NT$22.45 Billion ≈ $707.41 Million |
-13.95% |
| 2013-12-31 | NT$26.09 Billion ≈ $822.09 Million |
-11.19% |
| 2012-12-31 | NT$29.38 Billion ≈ $925.64 Million |
-7.86% |
| 2011-12-31 | NT$31.89 Billion ≈ $1.00 Billion |
-3.70% |
| 2010-12-31 | NT$33.11 Billion ≈ $1.04 Billion |
-2.59% |
| 2009-12-31 | NT$33.99 Billion ≈ $1.07 Billion |
-3.02% |
| 2008-12-31 | NT$35.05 Billion ≈ $1.10 Billion |
-18.42% |
| 2007-12-31 | NT$42.96 Billion ≈ $1.35 Billion |
+2.73% |
| 2006-12-31 | NT$41.82 Billion ≈ $1.32 Billion |
-22.58% |
| 2005-12-31 | NT$54.02 Billion ≈ $1.70 Billion |
+0.14% |
| 2004-12-31 | NT$53.95 Billion ≈ $1.70 Billion |
-10.28% |
| 2003-12-31 | NT$60.13 Billion ≈ $1.89 Billion |
+3.25% |
| 2002-12-31 | NT$58.24 Billion ≈ $1.83 Billion |
-8.26% |
| 2001-12-31 | NT$63.48 Billion ≈ $2.00 Billion |
+4.33% |
| 2000-12-31 | NT$60.85 Billion ≈ $1.92 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Ritek Corp'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 108.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$6.94 Billion | 128.54% |
| Other Comprehensive Income | NT$-807.56 Million | -14.96% |
| Other Components | NT$4.94 Million | 0.09% |
| Total Equity | NT$5.40 Billion | 100.00% |
Ritek Corp Competitors by Market Cap
The table below lists competitors of Ritek Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GULF MARINE SVCS LS -02
F:G0M
|
$272.09 Million |
|
Federal Corp
TW:2102
|
$272.21 Million |
|
Talon Metals Corp
F:TAO
|
$272.24 Million |
|
Middlefield Banc
NASDAQ:MBCN
|
$272.29 Million |
|
Waffer Technology Corp
TW:6235
|
$272.08 Million |
|
Izmir Firca Sanayi ve Ticaret
IS:IZFAS
|
$272.04 Million |
|
Zhuzhou Feilu High-Tech Materials Co Ltd
SHE:300665
|
$272.01 Million |
|
Beijing Bohui Science & Technology Co Ltd
SHG:688004
|
$272.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ritek Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,688,061,000 to 5,396,438,000, a change of -291,623,000 (-5.1%).
- Net loss of 246,734,000 reduced equity.
- Other comprehensive income decreased equity by 16,413,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-246.73 Million | -4.57% |
| Other Comprehensive Income | NT$-16.41 Million | -0.3% |
| Other Changes | NT$-28.48 Million | -0.53% |
| Total Change | NT$- | -5.13% |
Book Value vs Market Value Analysis
This analysis compares Ritek Corp'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: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.18x to 1.58x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$67.75 | NT$12.45 | x |
| 2007-12-31 | NT$62.22 | NT$12.45 | x |
| 2008-12-31 | NT$52.15 | NT$12.45 | x |
| 2009-12-31 | NT$50.17 | NT$12.45 | x |
| 2010-12-31 | NT$42.14 | NT$12.45 | x |
| 2011-12-31 | NT$38.83 | NT$12.45 | x |
| 2012-12-31 | NT$34.92 | NT$12.45 | x |
| 2013-12-31 | NT$30.41 | NT$12.45 | x |
| 2014-12-31 | NT$25.86 | NT$12.45 | x |
| 2015-12-31 | NT$22.89 | NT$12.45 | x |
| 2016-12-31 | NT$19.20 | NT$12.45 | x |
| 2017-12-31 | NT$15.25 | NT$12.45 | x |
| 2018-12-31 | NT$13.22 | NT$12.45 | x |
| 2019-12-31 | NT$10.10 | NT$12.45 | x |
| 2020-12-31 | NT$8.68 | NT$12.45 | x |
| 2021-12-31 | NT$8.40 | NT$12.45 | x |
| 2022-12-31 | NT$8.41 | NT$12.45 | x |
| 2023-12-31 | NT$7.86 | NT$12.45 | x |
| 2024-12-31 | NT$8.52 | NT$12.45 | x |
| 2025-12-31 | NT$7.87 | NT$12.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ritek Corp 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): -4.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.29%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 3.38x
- Recent ROE (-4.57%) is above the historical average (-9.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 14.00% | 36.88% | 0.26x | 1.49x | NT$2.43 Billion |
| 2001 | 4.47% | 11.53% | 0.22x | 1.74x | NT$-3.51 Billion |
| 2003 | 2.38% | 5.07% | 0.26x | 1.82x | NT$-4.58 Billion |
| 2006 | -31.63% | -39.17% | 0.40x | 2.00x | NT$-16.16 Billion |
| 2007 | 0.07% | 0.10% | 0.36x | 1.81x | NT$-3.93 Billion |
| 2008 | -19.08% | -31.50% | 0.33x | 1.83x | NT$-9.43 Billion |
| 2009 | -11.58% | -17.58% | 0.37x | 1.80x | NT$-6.70 Billion |
| 2010 | -4.52% | -6.67% | 0.36x | 1.89x | NT$-4.19 Billion |
| 2011 | -8.43% | -10.53% | 0.41x | 1.95x | NT$-4.93 Billion |
| 2012 | -9.32% | -12.92% | 0.38x | 1.91x | NT$-4.65 Billion |
| 2013 | -15.07% | -21.19% | 0.37x | 1.93x | NT$-5.20 Billion |
| 2014 | -18.80% | -26.85% | 0.35x | 2.03x | NT$-5.08 Billion |
| 2015 | -13.85% | -19.52% | 0.36x | 1.98x | NT$-3.72 Billion |
| 2016 | -17.04% | -21.30% | 0.39x | 2.04x | NT$-3.54 Billion |
| 2017 | -23.33% | -24.81% | 0.42x | 2.25x | NT$-3.47 Billion |
| 2018 | -14.10% | -13.81% | 0.39x | 2.58x | NT$-2.21 Billion |
| 2019 | -36.70% | -33.06% | 0.37x | 2.99x | NT$-3.27 Billion |
| 2020 | -13.31% | -12.19% | 0.34x | 3.25x | NT$-1.40 Billion |
| 2021 | -2.17% | -1.69% | 0.39x | 3.30x | NT$-708.68 Million |
| 2022 | -1.17% | -0.88% | 0.39x | 3.37x | NT$-651.36 Million |
| 2023 | -5.56% | -3.98% | 0.40x | 3.46x | NT$-848.77 Million |
| 2024 | 0.82% | 0.64% | 0.43x | 3.00x | NT$-522.06 Million |
| 2025 | -4.57% | -3.29% | 0.41x | 3.38x | NT$-786.38 Million |
Industry Comparison
This section compares Ritek Corp's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $40,437,169,444
- Average return on equity (ROE) among peers: -1.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ritek Corp (2349) | NT$9.39 Billion | 14.00% | 0.94x | $272.09 Million |
| Solytech Enterprise Corp (1471) | $1.00 Billion | -31.82% | 0.68x | $53.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | -0.87% | 0.17x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $348.35 Million |
| Compal Electronics Inc (2324) | $115.99 Billion | 8.07% | 3.03x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.02 Billion | 0.42% | 1.12x | $360.88 Million |
| Qisda Corp (2352) | $31.13 Billion | -5.81% | 2.57x | $975.88 Million |
| Acer Inc (2353) | $75.03 Billion | -3.88% | 2.02x | $2.61 Billion |
About Ritek Corp
RITEK Corporation manufactures, processes, sells, imports, and exports optical information and memory products and related equipment in Taiwan, the United States, Rest of Asia, Europe, Africa, Oceania, and internationally. It offers storage media product lines, including optical storage media comprising CDs, DVDs, and Blu-ray discs; electronic storage media, which include flash memory cards, USB … Read more