Ritek Corp (2349) - Net Assets

Latest as of December 2025: NT$9.39 Billion TWD ≈ $295.95 Million USD

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

TW:2349 Taiwan Computer Hardware
Market Cap
$272.09 Million
NT$8.64 Billion TWD
Market Cap Rank
#15368 Global
#667 in Taiwan
Share Price
NT$12.45
Change (1 day)
-1.19%
52-Week Range
NT$8.72 - NT$16.30
All Time High
NT$49.54
About

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