Richmond International Travel & Tours Co Ltd
Richmond International Travel & Tours Co.,Ltd operates as a travel agency in Taiwan. It provides professional services, including outbound tourism, such as international group/individual tourism/destination tourism, passport and visa application services for various countries, airline tickets for independent travel, corporate rewards and business travel, booking hotels abroad, and overseas travel… Read more
Richmond International Travel & Tours Co Ltd (2743) - Net Assets
Latest net assets as of September 2025: NT$1.19 Billion TWD
Based on the latest financial reports, Richmond International Travel & Tours Co Ltd (2743) has net assets worth NT$1.19 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$3.21 Billion) and total liabilities (NT$2.02 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$1.19 Billion |
| % of Total Assets | 37.12% |
| Annual Growth Rate | 11.07% |
| 5-Year Change | 99.45% |
| 10-Year Change | N/A |
| Growth Volatility | 22.72 |
Richmond International Travel & Tours Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Richmond International Travel & Tours 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 Richmond International Travel & Tours Co Ltd (2017–2024)
The table below shows the annual net assets of Richmond International Travel & Tours Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.04 Billion | +17.16% |
| 2023-12-31 | NT$889.43 Million | +64.24% |
| 2022-12-31 | NT$541.55 Million | +15.23% |
| 2021-12-31 | NT$469.99 Million | -10.04% |
| 2020-12-31 | NT$522.46 Million | -2.03% |
| 2019-12-31 | NT$533.28 Million | +6.81% |
| 2018-12-31 | NT$499.27 Million | -0.06% |
| 2017-12-31 | NT$499.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Richmond International Travel & Tours 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 200.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$413.04 Million | 39.64% |
| Other Components | NT$629.01 Million | 60.36% |
| Total Equity | NT$1.04 Billion | 100.00% |
Richmond International Travel & Tours Co Ltd Competitors by Market Cap
The table below lists competitors of Richmond International Travel & Tours Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BTCS Inc
NASDAQ:BTCS
|
$75.15 Million |
|
AGROB Immobilien AG
F:AGR
|
$75.19 Million |
|
Hefei Jingsong Intelligent Technology Co. Ltd. A
SHG:688251
|
$75.30 Million |
|
SAB Biotherapeutics Inc
NASDAQ:SABS
|
$75.32 Million |
|
Lonyer Fuels
SHG:603003
|
$74.96 Million |
|
Keyang Elec Ma
KO:012200
|
$74.86 Million |
|
Catella AB Series B
LSE:0RL4
|
$74.85 Million |
|
Union Medical Healthcare Limited
PINK:UNHLF
|
$74.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Richmond International Travel & Tours Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 889,434,000 to 1,042,054,000, a change of 152,620,000 (17.2%).
- Net income of 260,655,000 contributed positively to equity growth.
- Dividend payments of 108,035,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$260.65 Million | +25.01% |
| Dividends Paid | NT$108.03 Million | -10.37% |
| Total Change | NT$- | 17.16% |
Book Value vs Market Value Analysis
This analysis compares Richmond International Travel & Tours 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: 3.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.05x to 3.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$17.72 | NT$71.80 | x |
| 2018-12-31 | NT$17.68 | NT$71.80 | x |
| 2019-12-31 | NT$18.90 | NT$71.80 | x |
| 2020-12-31 | NT$16.11 | NT$71.80 | x |
| 2021-12-31 | NT$14.68 | NT$71.80 | x |
| 2022-12-31 | NT$16.74 | NT$71.80 | x |
| 2023-12-31 | NT$24.64 | NT$71.80 | x |
| 2024-12-31 | NT$22.26 | NT$71.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Richmond International Travel & Tours 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): 25.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.81%
- • Asset Turnover: 2.31x
- • Equity Multiplier: 2.84x
- Recent ROE (25.01%) is above the historical average (7.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 12.52% | 1.23% | 4.34x | 2.34x | NT$12.59 Million |
| 2018 | 6.44% | 0.62% | 4.02x | 2.59x | NT$-17.80 Million |
| 2019 | 10.78% | 1.11% | 3.42x | 2.83x | NT$4.16 Million |
| 2020 | -7.48% | -3.93% | 1.33x | 1.44x | NT$-91.35 Million |
| 2021 | -11.16% | -25.96% | 0.27x | 1.61x | NT$-99.47 Million |
| 2022 | -11.90% | -11.52% | 0.44x | 2.36x | NT$-118.60 Million |
| 2023 | 39.11% | 6.94% | 1.94x | 2.91x | NT$258.94 Million |
| 2024 | 25.01% | 3.81% | 2.31x | 2.84x | NT$156.45 Million |
Industry Comparison
This section compares Richmond International Travel & Tours Co Ltd's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $920,434,833
- Average return on equity (ROE) among peers: 4.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Richmond International Travel & Tours Co Ltd (2743) | NT$1.19 Billion | 12.52% | 1.69x | $75.04 Million |
| TSG Star Travel Corp. (2719) | $297.01 Million | -35.19% | 0.00x | $9.25 Million |
| Lion Travel Service Co Ltd (2731) | $3.82 Billion | 36.43% | 1.48x | $327.63 Million |
| Ezfly International Travel Agent Co. Ltd. (2734) | $418.00 Million | 5.71% | 1.78x | $19.49 Million |
| Phoenix Tours International Inc (5706) | $330.26 Million | 17.31% | 0.85x | $84.64 Million |
| Li Kang Biomedical Co Ltd (6242) | $508.30 Million | 13.63% | 0.27x | $13.44 Million |
| Uni Travel Services Co., Ltd. (6961) | $146.83 Million | -9.95% | 0.20x | $16.27K |