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RITEK CorporationTWSE:2349 Stock Report

Market Cap NT$9.5b
Share Price
NT$13.30
NT$0.031
42.8k% overvalued intrinsic discount
1Y31.7%
7D-1.8%
1D
Portfolio Value
View

RITEK Corporation

TWSE:2349 Stock Report

Market Cap: NT$9.5b

RITEK (2349) Stock Overview

Manufactures, processes, sells, imports, and exports optical information and memory products and related equipment in Taiwan, the Americas, Asia, Europe, Africa, Oceania, and internationally. More details

2349 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis

No risks detected for 2349 from our risk checks.

2349 Community Fair Values

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RITEK Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for RITEK
Historical stock prices
Current Share PriceNT$13.30
52 Week HighNT$17.10
52 Week LowNT$8.68
Beta0.54
1 Month Change7.69%
3 Month Change1.53%
1 Year Change31.68%
3 Year Change39.27%
5 Year Change42.70%
Change since IPO-51.32%

Recent News & Updates

Recent updates

Analysis Article Mar 31

RITEK's (TWSE:2349) Profits May Not Reveal Underlying Issues

RITEK Corporation's ( TWSE:2349 ) robust recent earnings didn't do much to move the stock. However the statutory profit...
Analysis Article Aug 11

RITEK (TWSE:2349) Is Making Moderate Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 31

RITEK Corporation's (TWSE:2349) Price Is Right But Growth Is Lacking After Shares Rocket 27%

RITEK Corporation ( TWSE:2349 ) shareholders have had their patience rewarded with a 27% share price jump in the last...
Analysis Article Feb 21

RITEK's (TPE:2349) Stock Price Has Reduced 25% In The Past Three Years

Many investors define successful investing as beating the market average over the long term. But the risk of stock...
Analysis Article Dec 28

Would RITEK (TPE:2349) Be Better Off With Less Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 23

A Look At RITEK's (TPE:2349) Share Price Returns

It's easy to match the overall market return by buying an index fund. When you buy individual stocks, you can make...

Shareholder Returns

2349TW TechTW Market
7D-1.8%-1.4%4.3%
1Y31.7%55.9%104.2%

Return vs Industry: 2349 underperformed the TW Tech industry which returned 55.9% over the past year.

Return vs Market: 2349 underperformed the TW Market which returned 104.2% over the past year.

Price Volatility

Is 2349's price volatile compared to industry and market?
2349 volatility
2349 Average Weekly Movement9.0%
Tech Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in TW Market12.2%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 2349 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2349's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1952n/aTing-Chang Wangwww.ritek.com

RITEK Corporation manufactures, processes, sells, imports, and exports optical information and memory products and related equipment in Taiwan, the Americas, Asia, Europe, Africa, Oceania, and internationally. The company provides 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 offers solar modules comprising mono- and polycrystalline solar modules; integrated solar systems; OLED display panels, ITO glasses, and patterned sapphire substrate solutions; metal masks; contact lenses; ozone antibacterial systems; and biological detection discs.

RITEK Corporation Fundamentals Summary

How do RITEK's earnings and revenue compare to its market cap?
2349 fundamental statistics
Market capNT$9.54b
Earnings (TTM)-NT$236.81m
Revenue (TTM)NT$7.42b
1.2x
P/S Ratio
-39.0x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2349 income statement (TTM)
RevenueNT$7.42b
Cost of RevenueNT$6.28b
Gross ProfitNT$1.14b
Other ExpensesNT$1.38b
Earnings-NT$236.81m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.34
Gross Margin15.39%
Net Profit Margin-3.19%
Debt/Equity Ratio65.4%

How did 2349 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 13:19
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

RITEK Corporation is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Clement WuSinoPac Securities Investment Service