Ruentex Materials Co Ltd (8463) - Net Assets
Based on the latest financial reports, Ruentex Materials Co Ltd (8463) has net assets worth NT$3.01 Billion TWD (≈ $94.68 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$9.94 Billion ≈ $313.23 Million USD) and total liabilities (NT$6.94 Billion ≈ $218.55 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 8463 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 8463 total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Ruentex Materials Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.11 Billion ≈ $97.96 Million |
+19.43% |
| 2023-12-31 | NT$2.60 Billion ≈ $82.02 Million |
+4.14% |
| 2022-12-31 | NT$2.50 Billion ≈ $78.76 Million |
+0.00% |
| 2021-12-31 | NT$2.50 Billion ≈ $78.76 Million |
+4.43% |
| 2020-12-31 | NT$2.39 Billion ≈ $75.41 Million |
+2.35% |
| 2019-12-31 | NT$2.34 Billion ≈ $73.68 Million |
-0.99% |
| 2018-12-31 | NT$2.36 Billion ≈ $74.42 Million |
-0.30% |
| 2017-12-31 | NT$2.37 Billion ≈ $74.65 Million |
-1.44% |
| 2016-12-31 | NT$2.40 Billion ≈ $75.74 Million |
+1.35% |
| 2015-12-31 | NT$2.37 Billion ≈ $74.73 Million |
+26.11% |
| 2014-12-31 | NT$1.88 Billion ≈ $59.26 Million |
+146.53% |
| 2013-12-31 | NT$762.93 Million ≈ $24.04 Million |
+6.37% |
| 2012-12-31 | NT$717.25 Million ≈ $22.60 Million |
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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 |
|---|---|
|
Adda Corporation
TWO:3071
|
$105.18 Million |
|
Frequency Therapeutics Inc
NASDAQ:KRRO
|
$105.19 Million |
|
HLS Therapeutics Inc
TO:HLS
|
$105.20 Million |
|
Scully Royalty Ltd
NYSE:SRL
|
$105.21 Million |
|
EcoFirst Consolidated Bhd
KLSE:3557
|
$105.14 Million |
|
Chateau International Development Co Ltd
TW:2722
|
$105.10 Million |
|
DORO AB
ST:DORO
|
$105.09 Million |
|
Ilsung Pharm
KO:003120
|
$105.08 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: 1.33x
- 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 2.34x to 1.33x 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$22.25 | x |
| 2013-12-31 | NT$8.34 | NT$22.25 | x |
| 2014-12-31 | NT$15.91 | NT$22.25 | x |
| 2015-12-31 | NT$16.74 | NT$22.25 | x |
| 2016-12-31 | NT$16.01 | NT$22.25 | x |
| 2017-12-31 | NT$15.79 | NT$22.25 | x |
| 2018-12-31 | NT$15.74 | NT$22.25 | x |
| 2019-12-31 | NT$15.46 | NT$22.25 | x |
| 2020-12-31 | NT$15.82 | NT$22.25 | x |
| 2021-12-31 | NT$14.96 | NT$22.25 | x |
| 2022-12-31 | NT$14.71 | NT$22.25 | x |
| 2023-12-31 | NT$15.20 | NT$22.25 | x |
| 2024-12-31 | NT$16.69 | NT$22.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ruentex Materials Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.81%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 4.03x
- Recent ROE (7.49%) is above the historical average (6.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.64% | 0.27% | 0.40x | 5.92x | NT$-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: $48,553,612,000
- Average return on equity (ROE) among peers: 6.12%
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 | $105.15 Million |
| Taiwan Cement Corp (1101) | $197.38 Billion | 10.73% | 0.74x | $5.78 Billion |
| Asia Cement Corp (1102) | $159.05 Billion | 6.99% | 0.76x | $3.92 Billion |
| Chia Hsin Cement Corp (1103) | $19.28 Billion | 0.08% | 0.75x | $279.15 Million |
| Universal Cement Corp (1104) | $13.06 Billion | 2.98% | 0.20x | $613.33 Million |
| Lucky Cement Co (1108) | $4.21 Billion | 0.00% | 1.36x | $185.53 Million |
| Hsing Ta Cement Co Ltd (1109) | $8.63 Billion | 11.17% | 0.30x | $166.06 Million |
| Southeast Cement Co Ltd (1110) | $8.86 Billion | 1.60% | 0.08x | $276.50 Million |
| Taiwan Glass Ind Corp (1802) | $51.66 Billion | -1.36% | 0.80x | $6.14 Billion |
| Goldsun Building Materials Co Ltd (2504) | $21.12 Billion | 13.31% | 0.64x | $1.31 Billion |
| Lihtai Construction Enterprise Co Ltd (5520) | $2.28 Billion | 15.69% | 0.43x | $153.62 Million |
About 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