2349 Stock Overview
RITEK Corporation manufactures, sells, import, and export of optical information and memory products, and related equipment in Taiwan, the United States, rest of Asia, Europe, Africa, the Pacific, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 2349 from our risk checks.
RITEK Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$7.53 |
| 52 Week High | NT$10.20 |
| 52 Week Low | NT$7.20 |
| Beta | 0.80 |
| 1 Month Change | -2.71% |
| 3 Month Change | -3.09% |
| 1 Year Change | -14.14% |
| 3 Year Change | -19.03% |
| 5 Year Change | -50.46% |
| Change since IPO | -72.44% |
Recent News & Updates
Shareholder Returns
| 2349 | TW Tech | TW Market | |
|---|---|---|---|
| 7D | -1.3% | 3.1% | 1.4% |
| 1Y | -14.1% | 76.5% | 30.8% |
Return vs Industry: 2349 underperformed the TW Tech industry which returned 76.5% over the past year.
Return vs Market: 2349 underperformed the TW Market which returned 30.8% over the past year.
Price Volatility
| 2349 volatility | |
|---|---|
| 2349 Average Weekly Movement | 3.0% |
| Tech Industry Average Movement | 5.8% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in TW Market | 8.7% |
| 10% least volatile stocks in TW Market | 2.3% |
Stable Share Price: 2349 has not had significant price volatility in the past 3 months.
Volatility Over Time: 2349's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1952 | n/a | Ting-Chang Wang | www.ritek.com |
RITEK Corporation manufactures, sells, import, and export of optical information and memory products, and related equipment in Taiwan, the United States, rest of Asia, Europe, Africa, the Pacific, 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; integrating solar systems; OLED display panels, ITO glasses, and patterned sapphire substrate solutions; metal masks; and biological detection discs.
RITEK Corporation Fundamentals Summary
| 2349 fundamental statistics | |
|---|---|
| Market cap | NT$5.17b |
| Earnings (TTM) | -NT$303.31m |
| Revenue (TTM) | NT$7.63b |
0.7x
P/S Ratio-17.2x
P/E RatioIs 2349 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2349 income statement (TTM) | |
|---|---|
| Revenue | NT$7.63b |
| Cost of Revenue | NT$6.43b |
| Gross Profit | NT$1.20b |
| Other Expenses | NT$1.50b |
| Earnings | -NT$303.31m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.44 |
| Gross Margin | 15.68% |
| Net Profit Margin | -3.98% |
| Debt/Equity Ratio | 64.3% |
How did 2349 perform over the long term?
See historical performance and comparison