RiTdisplay Corp (8104) - Net Assets
Based on the latest financial reports, RiTdisplay Corp (8104) has net assets worth NT$2.86 Billion TWD (≈ $89.95 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$7.71 Billion ≈ $242.95 Million USD) and total liabilities (NT$4.86 Billion ≈ $153.00 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 asset resilience ratio of RiTdisplay Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.86 Billion |
| % of Total Assets | 37.02% |
| Annual Growth Rate | 18.34% |
| 5-Year Change | 44.05% |
| 10-Year Change | 654.64% |
| Growth Volatility | 56.15 |
RiTdisplay Corp - Net Assets Trend (2013–2024)
This chart illustrates how RiTdisplay Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is RiTdisplay Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for RiTdisplay Corp (2013–2024)
The table below shows the annual net assets of RiTdisplay Corp from 2013 to 2024. For live valuation and market cap data, see 8104 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.87 Billion ≈ $90.50 Million |
+37.83% |
| 2023-12-31 | NT$2.08 Billion ≈ $65.66 Million |
-13.10% |
| 2022-12-31 | NT$2.40 Billion ≈ $75.56 Million |
+4.68% |
| 2021-12-31 | NT$2.29 Billion ≈ $72.18 Million |
+14.89% |
| 2020-12-31 | NT$1.99 Billion ≈ $62.82 Million |
+8.43% |
| 2019-12-31 | NT$1.84 Billion ≈ $57.94 Million |
+25.17% |
| 2018-12-31 | NT$1.47 Billion ≈ $46.29 Million |
+25.48% |
| 2017-12-31 | NT$1.17 Billion ≈ $36.89 Million |
+55.00% |
| 2016-12-31 | NT$755.42 Million ≈ $23.80 Million |
+98.47% |
| 2015-12-31 | NT$380.63 Million ≈ $11.99 Million |
+158.93% |
| 2014-12-31 | NT$147.00 Million ≈ $4.63 Million |
-67.39% |
| 2013-12-31 | NT$450.75 Million ≈ $14.20 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to RiTdisplay 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 grown by 461485900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$165.61 Million | 6.46% |
| Common Stock | NT$916.52 Million | 35.75% |
| Other Comprehensive Income | NT$-11.83 Million | -0.46% |
| Other Components | NT$1.49 Billion | 58.25% |
| Total Equity | NT$2.56 Billion | 100.00% |
RiTdisplay Corp Competitors by Market Cap
The table below lists competitors of RiTdisplay Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kewaunee Scientific Corporation
NASDAQ:KEQU
|
$108.08 Million |
|
Fury Gold Mines Ltd
TO:FURY
|
$108.09 Million |
|
Swelect Energy Systems Limited
NSE:SWELECTES
|
$108.10 Million |
|
Brii Biosciences Limited
F:7SS
|
$108.12 Million |
|
Dhampur Sugar Mills Limited
NSE:DHAMPURSUG
|
$108.04 Million |
|
C I Systems
TA:CISY
|
$108.02 Million |
|
Sunflow Sustain
TA:SNFL
|
$108.00 Million |
|
Harn Len Corporation Bhd
KLSE:7501
|
$107.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RiTdisplay Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,871,880,000 to 2,563,884,000, a change of 692,004,000 (37.0%).
- Net income of 13,701,000 contributed positively to equity growth.
- Dividend payments of 12,947,000 reduced retained earnings.
- New share issuances of 510,000,000 increased equity.
- Other comprehensive income decreased equity by 10,478,000.
- Other factors increased equity by 191,728,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$13.70 Million | +0.53% |
| Dividends Paid | NT$12.95 Million | -0.5% |
| Share Issuances | NT$510.00 Million | +19.89% |
| Other Comprehensive Income | NT$-10.48 Million | -0.41% |
| Other Changes | NT$191.73 Million | +7.48% |
| Total Change | NT$- | 36.97% |
Book Value vs Market Value Analysis
This analysis compares RiTdisplay 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: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.99x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | NT$16.67 | NT$33.25 | x |
| 2014-12-31 | NT$5.44 | NT$33.25 | x |
| 2015-12-31 | NT$6.47 | NT$33.25 | x |
| 2016-12-31 | NT$12.78 | NT$33.25 | x |
| 2017-12-31 | NT$19.79 | NT$33.25 | x |
| 2018-12-31 | NT$24.36 | NT$33.25 | x |
| 2019-12-31 | NT$27.09 | NT$33.25 | x |
| 2020-12-31 | NT$27.71 | NT$33.25 | x |
| 2021-12-31 | NT$30.22 | NT$33.25 | x |
| 2022-12-31 | NT$29.84 | NT$33.25 | x |
| 2023-12-31 | NT$25.41 | NT$33.25 | x |
| 2024-12-31 | NT$29.60 | NT$33.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RiTdisplay Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.60%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.77x
- Recent ROE (0.53%) is above the historical average (-13.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -102.73% | -69.53% | 0.22x | 6.79x | NT$-508.14 Million |
| 2014 | -204.47% | -33.58% | 0.35x | 17.60x | NT$-315.27 Million |
| 2015 | 31.68% | 7.31% | 0.63x | 6.87x | NT$82.51 Million |
| 2016 | 43.79% | 15.47% | 0.76x | 3.74x | NT$255.26 Million |
| 2017 | 32.32% | 16.73% | 0.62x | 3.12x | NT$261.33 Million |
| 2018 | 23.17% | 13.51% | 0.69x | 2.48x | NT$193.52 Million |
| 2019 | 2.79% | 3.04% | 0.47x | 1.93x | NT$-131.69 Million |
| 2020 | 10.51% | 12.61% | 0.45x | 1.85x | NT$10.06 Million |
| 2021 | 8.58% | 8.63% | 0.56x | 1.77x | NT$-31.84 Million |
| 2022 | 2.24% | 1.82% | 0.51x | 2.41x | NT$-170.60 Million |
| 2023 | -12.12% | -8.46% | 0.53x | 2.68x | NT$-414.10 Million |
| 2024 | 0.53% | 0.60% | 0.32x | 2.77x | NT$-242.69 Million |
Industry Comparison
This section compares RiTdisplay Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RiTdisplay Corp (8104) | NT$2.86 Billion | -102.73% | 1.70x | $108.06 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About RiTdisplay Corp
RiTdisplay Corporation, together with its subsidiaries, engages in the research, development, and manufacturing of PMOLED products in Taiwan and internationally. It also offers thin-film transistor liquid crystal display, AMOLED, and E-paper products; ozone household appliances; battery energy storage systems, battery module, BMS, energy storage container, energy management systems, and uninterru… Read more