RITEK Corporation Logo

RITEK Corporation

2349.TW

(1.2)
Stock Price

15,35 TWD

-1.34% ROA

-4.6% ROE

-43.42x PER

Market Cap.

11.029.512.000,00 TWD

120.54% DER

0% Yield

-3.26% NPM

RITEK Corporation Stock Analysis

RITEK Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

RITEK Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.95x), the stock offers substantial upside potential at a bargain price.

2 Net Profit Growth

With a track record of consistent net profit growth over the past five years, this company presents a compelling investment opportunity due to its strong financial performance.

3 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

4 ROE

The stock's ROE indicates a negative return (-1.43%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-0.44%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 DER

The stock is burdened with a heavy load of debt (124%), making it financially unstable and potentially risky for investors.

7 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-270), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

RITEK Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

RITEK Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

RITEK Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

RITEK Corporation Revenue
Year Revenue Growth
2006 31.337.512.000
2007 25.784.815.000 -21.53%
2008 19.638.031.000 -31.3%
2009 20.449.435.000 3.97%
2010 19.557.602.000 -4.56%
2011 21.424.507.000 8.71%
2012 17.358.779.000 -23.42%
2013 14.753.588.000 -17.66%
2014 12.353.998.000 -19.42%
2015 11.080.145.000 -11.5%
2016 10.483.997.000 -5.69%
2017 9.797.109.000 -7.01%
2018 9.358.661.000 -4.68%
2019 7.779.123.000 -20.3%
2020 6.578.209.000 -18.26%
2021 7.477.106.000 12.02%
2022 7.739.061.000 3.38%
2023 8.021.252.000 3.52%
2023 7.629.550.000 -5.13%
2024 7.668.056.000 0.5%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

RITEK Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 636.336.000
2007 460.923.000 -38.06%
2008 469.959.000 1.92%
2009 79.960.000 -487.74%
2010 142.259.000 43.79%
2011 227.218.000 37.39%
2012 143.363.000 -58.49%
2013 325.670.000 55.98%
2014 380.791.000 14.48%
2015 364.750.000 -4.4%
2016 158.431.000 -130.23%
2017 163.703.000 3.22%
2018 180.177.000 9.14%
2019 182.507.000 1.28%
2020 146.486.000 -24.59%
2021 193.755.000 24.4%
2022 213.191.000 9.12%
2023 213.120.000 -0.03%
2023 245.283.000 13.11%
2024 228.244.000 -7.47%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

RITEK Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 1.811.286.000
2007 1.252.178.000 -44.65%
2008 1.605.242.000 21.99%
2009 731.166.000 -119.55%
2010 709.008.000 -3.13%
2011 639.578.000 -10.86%
2012 582.714.000 -9.76%
2013 766.033.000 23.93%
2014 606.686.000 -26.27%
2015 887.870.000 31.67%
2016 764.730.000 -16.1%
2017 905.137.000 15.51%
2018 814.855.000 -11.08%
2019 763.224.000 -6.76%
2020 720.381.000 -5.95%
2021 762.517.000 5.53%
2022 911.649.000 16.36%
2023 1.074.328.000 15.14%
2023 952.390.000 -12.8%
2024 991.736.000 3.97%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

RITEK Corporation EBITDA
Year EBITDA Growth
2006 2.935.276.000
2007 5.536.583.000 46.98%
2008 718.748.000 -670.31%
2009 2.273.367.000 68.38%
2010 3.102.899.000 26.73%
2011 1.491.767.000 -108%
2012 1.850.214.000 19.37%
2013 40.388.000 -4481.1%
2014 112.789.000 64.19%
2015 934.186.000 87.93%
2016 253.647.000 -268.3%
2017 124.860.000 -103.15%
2018 702.819.000 82.23%
2019 -466.272.000 250.73%
2020 458.521.000 201.69%
2021 1.099.948.000 58.31%
2022 1.188.291.000 7.43%
2023 1.208.160.000 1.64%
2023 952.125.000 -26.89%
2024 534.600.000 -78.1%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

RITEK Corporation Gross Profit
Year Gross Profit Growth
2006 826.112.000
2007 3.148.122.000 73.76%
2008 -16.089.000 19666.92%
2009 920.883.000 101.75%
2010 1.622.073.000 43.23%
2011 1.162.459.000 -39.54%
2012 1.257.882.000 7.59%
2013 -602.403.000 308.81%
2014 -1.103.498.000 45.41%
2015 -75.360.000 -1364.3%
2016 485.096.000 115.54%
2017 312.128.000 -55.42%
2018 547.602.000 43%
2019 538.586.000 -1.67%
2020 877.269.000 38.61%
2021 1.186.881.000 26.09%
2022 1.319.203.000 10.03%
2023 1.283.344.000 -2.79%
2023 1.196.197.000 -7.29%
2024 1.208.616.000 1.03%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

RITEK Corporation Net Profit
Year Net Profit Growth
2006 -12.274.770.000
2007 26.175.000 46995.01%
2008 -6.185.104.000 100.42%
2009 -3.594.294.000 -72.08%
2010 -1.305.069.000 -175.41%
2011 -2.256.901.000 42.17%
2012 -2.242.265.000 -0.65%
2013 -3.126.948.000 28.29%
2014 -3.316.457.000 5.71%
2015 -2.162.664.000 -53.35%
2016 -2.232.636.000 3.13%
2017 -2.430.455.000 8.14%
2018 -1.292.823.000 -88%
2019 -2.571.482.000 49.72%
2020 -801.727.000 -220.74%
2021 -126.132.000 -535.63%
2022 -68.147.000 -85.09%
2023 -482.616.000 85.88%
2023 -378.617.000 -27.47%
2024 22.344.000 1794.49%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

RITEK Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 -21
2007 0 0%
2008 -10 100%
2009 -6 -80%
2010 -2 -400%
2011 -3 66.67%
2012 -3 0%
2013 -5 25%
2014 -5 0%
2015 -3 -33.33%
2016 -3 0%
2017 -4 0%
2018 -2 -200%
2019 -4 66.67%
2020 -1 -200%
2021 0 0%
2022 0 0%
2023 -1 0%
2023 -1 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

RITEK Corporation Free Cashflow
Year Free Cashflow Growth
2006 -3.353.764.000
2007 1.176.197.000 385.14%
2008 -266.995.000 540.53%
2009 1.946.773.000 113.71%
2010 -1.858.026.000 204.78%
2011 -287.802.000 -545.59%
2012 415.766.000 169.22%
2013 -321.436.000 229.35%
2014 -522.818.000 38.52%
2015 906.476.000 157.68%
2016 852.838.000 -6.29%
2017 -345.667.000 346.72%
2018 -1.455.153.000 76.25%
2019 484.645.000 400.25%
2020 741.665.000 34.65%
2021 194.692.000 -280.94%
2022 106.372.000 -83.03%
2023 11.493.000 -825.54%
2023 636.857.000 98.2%
2024 266.556.000 -138.92%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

RITEK Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 -302.040.000
2007 3.903.219.000 107.74%
2008 170.008.000 -2195.9%
2009 3.986.514.000 95.74%
2010 2.384.229.000 -67.2%
2011 1.815.507.000 -31.33%
2012 1.465.919.000 -23.85%
2013 881.986.000 -66.21%
2014 -56.812.000 1652.46%
2015 1.250.593.000 104.54%
2016 1.288.152.000 2.92%
2017 710.581.000 -81.28%
2018 -295.219.000 340.7%
2019 1.122.575.000 126.3%
2020 1.061.336.000 -5.77%
2021 455.808.000 -132.85%
2022 727.640.000 37.36%
2023 109.988.000 -561.56%
2023 1.057.890.000 89.6%
2024 540.721.000 -95.64%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

RITEK Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 3.051.724.000
2007 2.727.022.000 -11.91%
2008 437.003.000 -524.03%
2009 2.039.741.000 78.58%
2010 4.242.255.000 51.92%
2011 2.103.309.000 -101.69%
2012 1.050.153.000 -100.29%
2013 1.203.422.000 12.74%
2014 466.006.000 -158.24%
2015 344.117.000 -35.42%
2016 435.314.000 20.95%
2017 1.056.248.000 58.79%
2018 1.159.934.000 8.94%
2019 637.930.000 -81.83%
2020 319.671.000 -99.56%
2021 261.116.000 -22.42%
2022 621.268.000 57.97%
2023 98.495.000 -530.76%
2023 421.033.000 76.61%
2024 274.165.000 -53.57%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

RITEK Corporation Equity
Year Equity Growth
2006 41.823.035.000
2007 42.964.686.000 2.66%
2008 35.049.202.000 -22.58%
2009 33.992.070.000 -3.11%
2010 33.111.686.000 -2.66%
2011 31.885.693.000 -3.84%
2012 29.380.333.000 -8.53%
2013 26.093.574.000 -12.6%
2014 22.453.532.000 -16.21%
2015 20.165.546.000 -11.35%
2016 17.336.270.000 -16.32%
2017 14.570.954.000 -18.98%
2018 13.207.464.000 -10.32%
2019 11.168.251.000 -18.26%
2020 10.287.946.000 -8.56%
2021 10.500.477.000 2.02%
2022 10.632.579.000 1.24%
2023 10.425.174.000 -1.99%
2023 10.218.303.000 -2.02%
2024 10.691.705.000 4.43%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

RITEK Corporation Assets
Year Assets Growth
2006 77.435.777.000
2007 71.617.048.000 -8.12%
2008 59.414.399.000 -20.54%
2009 55.952.321.000 -6.19%
2010 54.497.896.000 -2.67%
2011 52.119.493.000 -4.56%
2012 45.947.178.000 -13.43%
2013 40.095.663.000 -14.59%
2014 35.799.980.000 -12%
2015 30.870.914.000 -15.97%
2016 26.791.300.000 -15.23%
2017 23.487.562.000 -14.07%
2018 23.694.775.000 0.87%
2019 20.955.390.000 -13.07%
2020 19.551.669.000 -7.18%
2021 19.244.734.000 -1.59%
2022 19.670.562.000 2.16%
2023 19.326.697.000 -1.78%
2023 18.869.838.000 -2.42%
2024 19.659.800.000 4.02%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

RITEK Corporation Liabilities
Year Liabilities Growth
2006 35.612.742.000
2007 28.652.362.000 -24.29%
2008 24.365.197.000 -17.6%
2009 21.960.251.000 -10.95%
2010 21.386.210.000 -2.68%
2011 20.233.800.000 -5.7%
2012 16.566.845.000 -22.13%
2013 14.002.089.000 -18.32%
2014 13.346.448.000 -4.91%
2015 10.705.368.000 -24.67%
2016 9.455.030.000 -13.22%
2017 8.916.608.000 -6.04%
2018 10.487.311.000 14.98%
2019 9.787.139.000 -7.15%
2020 9.263.723.000 -5.65%
2021 8.744.257.000 -5.94%
2022 9.037.983.000 3.25%
2023 8.901.523.000 -1.53%
2023 8.651.535.000 -2.89%
2024 8.968.095.000 3.53%

RITEK Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
11.25
Net Income per Share
-0.37
Price to Earning Ratio
-43.42x
Price To Sales Ratio
1.41x
POCF Ratio
11.87
PFCF Ratio
150.75
Price to Book Ratio
1.99
EV to Sales
1.74
EV Over EBITDA
19.74
EV to Operating CashFlow
14.61
EV to FreeCashFlow
185.59
Earnings Yield
-0.02
FreeCashFlow Yield
0.01
Market Cap
11,03 Bil.
Enterprise Value
13,58 Bil.
Graham Number
8.12
Graham NetNet
-3.11

Income Statement Metrics

Net Income per Share
-0.37
Income Quality
-7.99
ROE
-0.05
Return On Assets
-0.01
Return On Capital Employed
-0.01
Net Income per EBT
-11.32
EBT Per Ebit
-0.16
Ebit per Revenue
-0.02
Effective Tax Rate
9.87

Margins

Sales, General, & Administrative to Revenue
0.12
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.15
Operating Profit Margin
-0.02
Pretax Profit Margin
0
Net Profit Margin
-0.03

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
1.34
Free CashFlow per Share
0.11
Capex to Operating CashFlow
0.92
Capex to Revenue
0.11
Capex to Depreciation
1.01
Return on Invested Capital
0.1
Return on Tangible Assets
-0.01
Days Sales Outstanding
68.72
Days Payables Outstanding
30.31
Days of Inventory on Hand
83.63
Receivables Turnover
5.31
Payables Turnover
12.04
Inventory Turnover
4.36
Capex per Share
1.23

Balance Sheet

Cash per Share
7,13
Book Value per Share
15,41
Tangible Book Value per Share
14.41
Shareholders Equity per Share
8
Interest Debt per Share
9.88
Debt to Equity
1.21
Debt to Assets
0.34
Net Debt to EBITDA
3.7
Current Ratio
1.59
Tangible Asset Value
10,00 Bil.
Net Current Asset Value
-0,40 Bil.
Invested Capital
11942111000
Working Capital
3,18 Bil.
Intangibles to Total Assets
0.04
Average Receivables
1,55 Bil.
Average Payables
0,55 Bil.
Average Inventory
1519059500
Debt to Market Cap
0.61

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

RITEK Corporation Dividends
Year Dividends Growth
2001 0
2002 0 0%
2004 0 0%

RITEK Corporation Profile

About RITEK Corporation

RITEK Corporation manufactures and markets optical storage media products in Taiwan, the United States, rest of Asia, Europe, and internationally. The company offers storage media product lines, including optical storage media comprising CDs, DVDs, and Blu-ray discs; electronic storage media, which include flash memory cards, USB flash drives, portable hard disc drives, solid state drives, and others. It also provides solar modules comprising mono and poly-crystalline solar modules; and integrating solar systems; OLED display panels, ITO glasses, and patterned sapphire substrate solutions; metal masks; and biological detection discs. In addition, the company engages in organic light emitting diode, conductive glass, and battery manufacturing and trading; lighting equipment manufacturing; venture capital investment; property development and trading; micro bubble system manufacturing and sale; and electronic parts and components manufacturing businesses, as well as offers silicone chemicals, concrete waterproofing, DIY repairs, home cleaning/personal care products, plastic precision injection products, and management consulting services. RITEK Corporation was founded in 1957 and is headquartered in Hsinchu City, Taiwan.

CEO
Ms. Wei-Fen Yang
Employee
536
Address
Hsinchu Industrial Park
Hsinchu City, 30351

RITEK Corporation Executives & BODs

RITEK Corporation Executives & BODs
# Name Age
1 Mr. Chin-Zhong Lo
GM & President
70
2 Chien-Hao Wu
Principal Accounting Officer
70
3 Ms. Wei-Fen Yang
Deputy Chief Executive Officer & Director
70
4 Mr. Mang Han Wu
GM & President
70
5 Ting-Chang Wang
Chief Executive Officer & GM
70
6 Mr. Shao-Dian Chang
GM & President
70
7 Mr. Yan-Ming Pan
Vice President, Deputy GM, Chief Financial Officer & Company Secretary
70

RITEK Corporation Competitors