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Year on year Ritek Corp 's net income fell 103.20% from a loss of 149.27m to a larger loss of 303.31m despite relatively flat revenues. A contributing factor has been an increase in the percentage of sales devoted to the cost of goods sold from 82.95% to 84.32%.
Gross margin | 15.84% |
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Net profit margin | 0.52% |
Operating margin | -5.37% |
Return on assets | 0.23% |
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Return on equity | -1.24% |
Return on investment | 0.42% |
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Cash flow in TWDView more
In 2023, Ritek Corp increased its cash reserves by 12.73%, or 519.31m. The company earned 1.06bn from its operations for a Cash Flow Margin of 13.87%. In addition the company used 235.51m on investing activities and also paid 432.34m in financing cash flows.
Cash flow per share | 1.18 |
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Price/Cash flow per share | 13.99 |
Book value per share | 8.04 |
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Tangible book value per share | 6.96 |
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Balance sheet in TWDView more
Current ratio | 1.78 |
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Quick ratio | 1.39 |
Total debt/total equity | 0.8933 |
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Total debt/total capital | 0.3579 |
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