Ruentex Materials Co Ltd
Ruentex Materials Co.,Ltd. engages in the cement, building materials, and engineering and construction businesses in Taiwan. The company offers Portland blast furnace slag, flexible, and Portland cement products; furnace slag powders; mortar, surface finishing, adhesive, and grouting materials; and non-shrink mortars and self-leveling compounds. It also provides interior, sliding, special, and en… Read more
Ruentex Materials Co Ltd (8463) - Net Assets
Latest net assets as of September 2025: NT$3.01 Billion TWD
Based on the latest financial reports, Ruentex Materials Co Ltd (8463) has net assets worth NT$3.01 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$9.94 Billion) and total liabilities (NT$6.94 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$3.01 Billion |
| % of Total Assets | 30.23% |
| Annual Growth Rate | 13.0% |
| 5-Year Change | 29.89% |
| 10-Year Change | 31.08% |
| Growth Volatility | 39.8 |
Ruentex Materials Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Ruentex Materials Co 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 Materials Co Ltd (2012–2024)
The table below shows the annual net assets of Ruentex Materials Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.11 Billion | +19.43% |
| 2023-12-31 | NT$2.60 Billion | +4.14% |
| 2022-12-31 | NT$2.50 Billion | +0.00% |
| 2021-12-31 | NT$2.50 Billion | +4.43% |
| 2020-12-31 | NT$2.39 Billion | +2.35% |
| 2019-12-31 | NT$2.34 Billion | -0.99% |
| 2018-12-31 | NT$2.36 Billion | -0.30% |
| 2017-12-31 | NT$2.37 Billion | -1.44% |
| 2016-12-31 | NT$2.40 Billion | +1.35% |
| 2015-12-31 | NT$2.37 Billion | +26.11% |
| 2014-12-31 | NT$1.88 Billion | +146.53% |
| 2013-12-31 | NT$762.93 Million | +6.37% |
| 2012-12-31 | NT$717.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ruentex Materials Co 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 31905600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$188.06 Million | 7.51% |
| Other Components | NT$2.32 Billion | 92.49% |
| Total Equity | NT$2.50 Billion | 100.00% |
Ruentex Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Ruentex Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
1480
TWO:1480
|
$31.21 Million |
|
MIRC Electronics Limited
NSE:MIRCELECTR
|
$31.22 Million |
|
Osisko Development Corp. Warrant expiring 5/27/2027
NASDAQ:ODVWZ
|
$31.23 Million |
|
Uangel
KO:072130
|
$31.23 Million |
|
Vita Life Sciences Ltd
AU:VLS
|
$31.17 Million |
|
Generations Bancorp NY Inc
NASDAQ:GBNY
|
$31.17 Million |
|
FIBI Holdings Ltd
TA:FIBIH
|
$31.16 Million |
|
Forafric Global PLC Ordinary Shares
NASDAQ:AFRI
|
$31.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ruentex Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,281,215,000 to 2,503,561,000, a change of 222,346,000 (9.7%).
- Net income of 187,533,000 contributed positively to equity growth.
- Dividend payments of 97,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 10,664,999.
- Other factors increased equity by 121,648,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$187.53 Million | +7.49% |
| Dividends Paid | NT$97.50 Million | -3.89% |
| Other Comprehensive Income | NT$10.66 Million | +0.43% |
| Other Changes | NT$121.65 Million | +4.86% |
| Total Change | NT$- | 9.75% |
Book Value vs Market Value Analysis
This analysis compares Ruentex Materials Co 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: 1.49x
- 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 2.61x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | NT$9.50 | NT$24.85 | x |
| 2013-12-31 | NT$8.34 | NT$24.85 | x |
| 2014-12-31 | NT$15.91 | NT$24.85 | x |
| 2015-12-31 | NT$16.74 | NT$24.85 | x |
| 2016-12-31 | NT$16.01 | NT$24.85 | x |
| 2017-12-31 | NT$15.79 | NT$24.85 | x |
| 2018-12-31 | NT$15.74 | NT$24.85 | x |
| 2019-12-31 | NT$15.46 | NT$24.85 | x |
| 2020-12-31 | NT$15.82 | NT$24.85 | x |
| 2021-12-31 | NT$14.96 | NT$24.85 | x |
| 2022-12-31 | NT$14.71 | NT$24.85 | x |
| 2023-12-31 | NT$15.20 | NT$24.85 | x |
| 2024-12-31 | NT$16.69 | NT$24.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ruentex Materials Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.81%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 4.03x
- Recent ROE (7.49%) is above the historical average (6.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.64% | 0.27% | 0.40x | 5.92x | NT$-65.34 Million |
| 2013 | 20.53% | 7.14% | 0.51x | 5.67x | NT$80.36 Million |
| 2014 | 20.06% | 9.80% | 0.80x | 2.54x | NT$189.20 Million |
| 2015 | 7.90% | 5.53% | 0.70x | 2.05x | NT$-49.91 Million |
| 2016 | 7.94% | 6.55% | 0.62x | 1.97x | NT$-49.47 Million |
| 2017 | 6.00% | 5.01% | 0.61x | 1.95x | NT$-94.78 Million |
| 2018 | 4.92% | 4.17% | 0.61x | 1.95x | NT$-120.09 Million |
| 2019 | 3.75% | 2.85% | 0.60x | 2.20x | NT$-146.07 Million |
| 2020 | 5.46% | 3.96% | 0.60x | 2.28x | NT$-108.75 Million |
| 2021 | -4.22% | -2.68% | 0.57x | 2.75x | NT$-319.01 Million |
| 2022 | 4.67% | 2.42% | 0.57x | 3.36x | NT$-117.67 Million |
| 2023 | 5.04% | 2.09% | 0.74x | 3.25x | NT$-113.14 Million |
| 2024 | 7.49% | 2.81% | 0.66x | 4.03x | NT$-62.82 Million |
Industry Comparison
This section compares Ruentex Materials Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $12,389,255,500
- Average return on equity (ROE) among peers: 8.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ruentex Materials Co Ltd (8463) | NT$3.01 Billion | 0.64% | 2.31x | $31.17 Million |
| Chia Hsin Cement Corp (1103) | $25.02 Billion | 7.05% | 0.62x | $116.59 Million |
| Universal Cement Corp (1104) | $17.15 Billion | 8.23% | 0.24x | $360.45 Million |
| Lucky Cement Co (1108) | $4.66 Billion | 8.42% | 0.72x | $87.74 Million |
| Hsing Ta Cement Co Ltd (1109) | $6.56 Billion | 2.88% | 0.11x | $89.48 Million |
| Southeast Cement Co Ltd (1110) | $8.21 Billion | 0.28% | 0.15x | $142.02 Million |
| Taiwan Glass Ind Corp (1802) | $45.00 Billion | 2.94% | 0.37x | $2.61 Billion |
| Goldsun Building Materials Co Ltd (2504) | $12.36 Billion | 0.53% | 0.72x | $912.93 Million |
| Lihtai Construction Enterprise Co Ltd (5520) | $2.28 Billion | 15.69% | 0.43x | $52.15 Million |
| Yonggu Group Inc (5546) | $1.56 Billion | 28.55% | 1.49x | $14.77 Million |
| Wellpool Co Ltd (8424) | $1.08 Billion | 15.31% | 0.15x | $32.72 Million |