Ruentex Industries Ltd
Ruentex Industries Ltd. engages in manufacturing, processing, dyeing and finishing, printing, and marketing woven fabrics, garments, knitted fabrics, and woven fabrics products in Taiwan and rest of Asia. It operates through Textile, Retail, Hypermarket, Construction, and Investment segments. The company is involved in the hypermarket and retail businesses; international trade business; investmen… Read more
Ruentex Industries Ltd (2915) - Net Assets
Latest net assets as of September 2025: NT$101.42 Billion TWD
Based on the latest financial reports, Ruentex Industries Ltd (2915) has net assets worth NT$101.42 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$115.43 Billion) and total liabilities (NT$14.00 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 | NT$101.42 Billion |
| % of Total Assets | 87.87% |
| Annual Growth Rate | 12.34% |
| 5-Year Change | -8.98% |
| 10-Year Change | 216.92% |
| Growth Volatility | 58.68 |
Ruentex Industries Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Ruentex Industries Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ruentex Industries Ltd (2000–2024)
The table below shows the annual net assets of Ruentex Industries Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$105.23 Billion | +7.25% |
| 2023-12-31 | NT$98.12 Billion | +19.25% |
| 2022-12-31 | NT$82.28 Billion | -25.19% |
| 2021-12-31 | NT$109.99 Billion | -4.86% |
| 2020-12-31 | NT$115.61 Billion | +37.10% |
| 2019-12-31 | NT$84.33 Billion | +162.22% |
| 2018-12-31 | NT$32.16 Billion | -23.45% |
| 2017-12-31 | NT$42.01 Billion | +30.54% |
| 2016-12-31 | NT$32.18 Billion | -3.09% |
| 2015-12-31 | NT$33.20 Billion | -70.78% |
| 2014-12-31 | NT$113.65 Billion | +10.69% |
| 2013-12-31 | NT$102.67 Billion | +217.37% |
| 2012-12-31 | NT$32.35 Billion | +12.00% |
| 2011-12-31 | NT$28.89 Billion | +101.36% |
| 2010-12-31 | NT$14.34 Billion | +4.94% |
| 2009-12-31 | NT$13.67 Billion | +16.74% |
| 2008-12-31 | NT$11.71 Billion | +0.33% |
| 2007-12-31 | NT$11.67 Billion | +6.94% |
| 2006-12-31 | NT$10.91 Billion | +30.22% |
| 2005-12-31 | NT$8.38 Billion | +21.01% |
| 2004-12-31 | NT$6.93 Billion | -0.21% |
| 2003-12-31 | NT$6.94 Billion | +16.97% |
| 2002-12-31 | NT$5.93 Billion | -22.09% |
| 2001-12-31 | NT$7.62 Billion | +18.15% |
| 2000-12-31 | NT$6.45 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ruentex Industries 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 2817710800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$28.18 Billion | 27.53% |
| Common Stock | NT$11.04 Billion | 10.79% |
| Other Components | NT$63.13 Billion | 61.68% |
| Total Equity | NT$102.35 Billion | 100.00% |
Ruentex Industries Ltd Competitors by Market Cap
The table below lists competitors of Ruentex Industries Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Phoenix Publishing & Media Corp Ltd
SHG:601928
|
$936.58 Million |
|
Emami Limited
NSE:EMAMILTD
|
$936.77 Million |
|
Danaos Corporation
NYSE:DAC
|
$936.83 Million |
|
NWS Holdings Limited
PINK:NWSZF
|
$936.89 Million |
|
GCI Liberty, Inc. - Series A GCI Group
NASDAQ:GLIBA
|
$936.17 Million |
|
BK TIROL VORARLBG
F:ZTY
|
$936.01 Million |
|
Colbun
SN:COLBUN
|
$935.89 Million |
|
Ebro Foods
MC:EBRO
|
$935.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ruentex Industries Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 96,053,361,000 to 102,347,505,000, a change of 6,294,144,000 (6.6%).
- Net income of 13,564,168,000 contributed positively to equity growth.
- Dividend payments of 2,710,481,000 reduced retained earnings.
- Share repurchases of 9,470,000 reduced equity.
- Other comprehensive income increased equity by 30,142,877,000.
- Other factors decreased equity by 34,692,950,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$13.56 Billion | +13.25% |
| Dividends Paid | NT$2.71 Billion | -2.65% |
| Share Repurchases | NT$9.47 Million | -0.01% |
| Other Comprehensive Income | NT$30.14 Billion | +29.45% |
| Other Changes | NT$-34.69 Billion | -33.9% |
| Total Change | NT$- | 6.55% |
Book Value vs Market Value Analysis
This analysis compares Ruentex Industries 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: 0.53x
- 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.
- The price-to-book ratio has decreased from 4.10x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$12.62 | NT$51.70 | x |
| 2005-12-31 | NT$12.86 | NT$51.70 | x |
| 2006-12-31 | NT$15.76 | NT$51.70 | x |
| 2007-12-31 | NT$14.70 | NT$51.70 | x |
| 2008-12-31 | NT$13.06 | NT$51.70 | x |
| 2009-12-31 | NT$15.82 | NT$51.70 | x |
| 2010-12-31 | NT$16.40 | NT$51.70 | x |
| 2011-12-31 | NT$31.97 | NT$51.70 | x |
| 2012-12-31 | NT$32.70 | NT$51.70 | x |
| 2013-12-31 | NT$27.57 | NT$51.70 | x |
| 2014-12-31 | NT$32.37 | NT$51.70 | x |
| 2015-12-31 | NT$26.46 | NT$51.70 | x |
| 2016-12-31 | NT$27.15 | NT$51.70 | x |
| 2017-12-31 | NT$52.47 | NT$51.70 | x |
| 2018-12-31 | NT$31.67 | NT$51.70 | x |
| 2019-12-31 | NT$103.19 | NT$51.70 | x |
| 2020-12-31 | NT$148.29 | NT$51.70 | x |
| 2021-12-31 | NT$167.69 | NT$51.70 | x |
| 2022-12-31 | NT$101.60 | NT$51.70 | x |
| 2023-12-31 | NT$91.99 | NT$51.70 | x |
| 2024-12-31 | NT$98.02 | NT$51.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ruentex Industries Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 468.83%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.15x
- Recent ROE (13.25%) is below the historical average (25.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 9.51% | 8.01% | 0.42x | 2.83x | NT$-36.95 Million |
| 2003 | 10.12% | 8.06% | 0.48x | 2.59x | NT$8.56 Million |
| 2004 | 1.83% | 1.85% | 0.43x | 2.32x | NT$-566.07 Million |
| 2005 | 5.42% | 5.27% | 0.35x | 2.97x | NT$-323.12 Million |
| 2006 | 9.60% | 9.75% | 0.40x | 2.46x | NT$-34.64 Million |
| 2007 | 12.44% | 11.77% | 0.43x | 2.45x | NT$202.54 Million |
| 2008 | 4.56% | 3.53% | 0.45x | 2.89x | NT$-400.55 Million |
| 2009 | 5.05% | 5.42% | 0.38x | 2.46x | NT$-441.73 Million |
| 2010 | 11.87% | 12.35% | 0.37x | 2.58x | NT$170.78 Million |
| 2011 | 12.40% | 26.43% | 0.21x | 2.18x | NT$469.79 Million |
| 2012 | 15.09% | 35.96% | 0.19x | 2.17x | NT$1.12 Billion |
| 2013 | 227.93% | 716.99% | 0.05x | 6.13x | NT$41.67 Billion |
| 2014 | 28.98% | 121.50% | 0.05x | 5.29x | NT$4.66 Billion |
| 2015 | 37.83% | 133.07% | 0.10x | 2.81x | NT$5.60 Billion |
| 2016 | 38.48% | 131.47% | 0.10x | 2.95x | NT$5.52 Billion |
| 2017 | 36.37% | 254.23% | 0.07x | 2.18x | NT$9.75 Billion |
| 2018 | 47.90% | 198.66% | 0.08x | 2.84x | NT$8.24 Billion |
| 2019 | 11.97% | 267.54% | 0.03x | 1.61x | NT$1.45 Billion |
| 2020 | 7.49% | 289.00% | 0.02x | 1.46x | NT$-2.65 Billion |
| 2021 | 14.52% | 643.15% | 0.02x | 1.24x | NT$5.40 Billion |
| 2022 | 15.29% | 423.37% | 0.03x | 1.28x | NT$4.21 Billion |
| 2023 | 7.81% | 279.77% | 0.02x | 1.21x | NT$-2.11 Billion |
| 2024 | 13.25% | 468.83% | 0.02x | 1.15x | NT$3.33 Billion |
Industry Comparison
This section compares Ruentex Industries Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $10,082,241,600
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ruentex Industries Ltd (2915) | NT$101.42 Billion | 9.51% | 0.14x | $936.26 Million |
| San Fang Chemical Industry Co Ltd (1307) | $3.11 Billion | 9.38% | 1.04x | $159.74 Million |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $1.12 Billion | 13.50% | 1.05x | $17.61 Million |
| Cathay Consolidated Inc (1342) | $767.81 Million | 20.83% | 0.72x | $152.57 Million |
| Far Eastern New Century Corp (1402) | $69.12 Billion | 1.05% | 1.32x | $2.98 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $14.05 Billion | 3.65% | 0.92x | $539.09 Million |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $1.26 Billion | 8.25% | 0.21x | $41.23 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $895.15 Million | 13.02% | 1.59x | $18.51 Million |
| Tung Ho Textile Co Ltd (1414) | $1.54 Billion | -19.15% | 2.15x | $46.96 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $2.35 Billion | 0.00% | 0.89x | $10.53 Million |
| Shinkong Textile Co Ltd (1419) | $6.62 Billion | 3.47% | 0.46x | $306.86 Million |