Richmond International Travel & Tours Co Ltd (2743) - Net Assets
Based on the latest financial reports, Richmond International Travel & Tours Co Ltd (2743) has net assets worth NT$1.18 Billion TWD (≈ $37.06 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.99 Billion ≈ $94.33 Million USD) and total liabilities (NT$1.82 Billion ≈ $57.28 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. Also explore Richmond International Travel & Tours Co asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.18 Billion |
| % of Total Assets | 39.28% |
| Annual Growth Rate | 11.3% |
| 5-Year Change | 150.27% |
| 10-Year Change | N/A |
| Growth Volatility | 21.25 |
Richmond International Travel & Tours Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Richmond International Travel & Tours Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Richmond International Travel & Tours Co tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Richmond International Travel & Tours Co Ltd (2017–2025)
The table below shows the annual net assets of Richmond International Travel & Tours Co Ltd from 2017 to 2025. For live valuation and market cap data, see Richmond International Travel & Tours Co (2743) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.18 Billion ≈ $37.06 Million |
+12.88% |
| 2024-12-31 | NT$1.04 Billion ≈ $32.83 Million |
+17.16% |
| 2023-12-31 | NT$889.43 Million ≈ $28.02 Million |
+64.24% |
| 2022-12-31 | NT$541.55 Million ≈ $17.06 Million |
+15.23% |
| 2021-12-31 | NT$469.99 Million ≈ $14.81 Million |
-10.04% |
| 2020-12-31 | NT$522.46 Million ≈ $16.46 Million |
-2.03% |
| 2019-12-31 | NT$533.28 Million ≈ $16.80 Million |
+6.81% |
| 2018-12-31 | NT$499.27 Million ≈ $15.73 Million |
-0.06% |
| 2017-12-31 | NT$499.55 Million ≈ $15.74 Million |
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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 184.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$391.60 Million | 33.29% |
| Other Components | NT$784.63 Million | 66.71% |
| Total Equity | NT$1.18 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 |
|---|---|
|
Tai Tung Communication Co Ltd
TW:8011
|
$85.99 Million |
|
GIC Housing Finance Limited
NSE:GICHSGFIN
|
$86.01 Million |
|
Maywufa Co Ltd
TW:1731
|
$86.05 Million |
|
Oroco Resource Corp
V:OCO
|
$86.06 Million |
|
Da Ming International Holdings Limited
F:DM7
|
$85.96 Million |
|
Sat Nusapersada Tbk
JK:PTSN
|
$85.95 Million |
|
G8 Education Ltd
AU:GEM
|
$85.92 Million |
|
Surge Battery Metals Inc
V:NILI
|
$85.89 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 2024 to 2025, total equity changed from 1,042,054,000 to 1,176,229,000, a change of 134,175,000 (12.9%).
- Net income of 184,681,000 contributed positively to equity growth.
- Dividend payments of 72,024,000 reduced retained earnings.
- Other factors increased equity by 21,518,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$184.68 Million | +15.7% |
| Dividends Paid | NT$72.02 Million | -6.12% |
| Other Changes | NT$21.52 Million | +1.83% |
| Total Change | NT$- | 12.88% |
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: 2.32x
- 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 3.29x to 2.32x 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$58.30 | x |
| 2018-12-31 | NT$17.68 | NT$58.30 | x |
| 2019-12-31 | NT$18.90 | NT$58.30 | x |
| 2020-12-31 | NT$16.11 | NT$58.30 | x |
| 2021-12-31 | NT$14.68 | NT$58.30 | x |
| 2022-12-31 | NT$16.74 | NT$58.30 | x |
| 2023-12-31 | NT$24.64 | NT$58.30 | x |
| 2024-12-31 | NT$22.26 | NT$58.30 | x |
| 2025-12-31 | NT$25.12 | NT$58.30 | 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): 15.70%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.75%
- • Asset Turnover: 2.25x
- • Equity Multiplier: 2.55x
- Recent ROE (15.70%) is above the historical average (8.78%), 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 |
| 2025 | 15.70% | 2.75% | 2.25x | 2.55x | NT$67.06 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: $1,256,332,000
- Average return on equity (ROE) among peers: 10.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Richmond International Travel & Tours Co Ltd (2743) | NT$1.18 Billion | 12.52% | 1.55x | $85.99 Million |
| Lion Travel Service Co Ltd (2731) | $2.26 Billion | 9.69% | 2.88x | $432.00 Million |
| Phoenix Tours International Inc (5706) | $1.16 Billion | 17.18% | 1.16x | $117.44 Million |
| Li Kang Biomedical Co Ltd (6242) | $347.64 Million | 5.60% | 1.20x | $34.47 Million |
About 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