Ruby Tech
Ruby Tech Corporation engages in the research and development, manufacture, and sale of networking products in Taiwan. It offers power over ethernet (PoE), speed, grade, and industrial switches; managed, web-smart, unmanaged, PoE, mode, and industrial converters; and managed NVR PoE solution products. The company also provides ODM network interface card (NIC) products, including Ethernet interfac… Read more
Ruby Tech (8048) - Total Assets
Latest total assets as of September 2025: NT$1.43 Billion TWD
Based on the latest financial reports, Ruby Tech (8048) holds total assets worth NT$1.43 Billion TWD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ruby Tech - Total Assets Trend (2017–2024)
This chart illustrates how Ruby Tech’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ruby Tech - Asset Composition Analysis
Current Asset Composition (December 2024)
Ruby Tech's total assets of NT$1.43 Billion consist of 78.9% current assets and 21.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 19.6% |
| Accounts Receivable | NT$183.50 Million | 13.2% |
| Inventory | NT$165.53 Million | 11.9% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Ruby Tech's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ruby Tech's current assets represent 78.9% of total assets in 2024, an increase from 77.1% in 2017.
- Cash Position: Cash and equivalents constituted 19.6% of total assets in 2024, down from 39.5% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 13.2% of total assets.
Ruby Tech Competitors by Total Assets
Key competitors of Ruby Tech based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
|
Wuhan Fingu Electronic Technology Co Ltd
SHE:002194
|
China | CN¥2.90 Billion |
Ruby Tech - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Ruby Tech generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Ruby Tech generates $9.81 in net profit.
Ruby Tech - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.86 | 5.25 | 4.18 |
| Quick Ratio | 3.31 | 4.15 | 3.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$843.48 Million | NT$ 829.28 Million | NT$ 756.03 Million |
Ruby Tech - Advanced Valuation Insights
This section examines the relationship between Ruby Tech's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.04 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -16.6% |
| Total Assets | NT$1.39 Billion |
| Market Capitalization | $77.86 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ruby Tech's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ruby Tech's assets decreased by 16.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ruby Tech (2017–2024)
The table below shows the annual total assets of Ruby Tech from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.39 Billion | -16.58% |
| 2023-12-31 | NT$1.67 Billion | +19.20% |
| 2022-12-31 | NT$1.40 Billion | -3.74% |
| 2021-12-31 | NT$1.45 Billion | +15.60% |
| 2020-12-31 | NT$1.26 Billion | +2.77% |
| 2019-12-31 | NT$1.22 Billion | +8.77% |
| 2018-12-31 | NT$1.12 Billion | +3.36% |
| 2017-12-31 | NT$1.09 Billion | -- |