Ruentex Development Co.,Ltd.

Taiwan Stock Exchange 9945.TW

Ruentex Development Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.63

Ruentex Development Co.,Ltd. Debt to Equity Ratio is 0.63 for the year ending December 31, 2023, a -21.25% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Ruentex Development Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.80, a 62.00% change year over year.
  • Ruentex Development Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.49, a 17.56% change year over year.
  • Ruentex Development Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.42, a -30.25% change year over year.
  • Ruentex Development Co.,Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.60, a -49.13% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
Market news
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Taiwan Stock Exchange: 9945.TW

Ruentex Development Co.,Ltd.

CEO Mr. Chih-Hung Lee
IPO Date Jan. 4, 2000
Location Taiwan
Headquarters No. 308, Bade Road
Employees 2,100
Sector Industrials
Industries
Description

Ruentex Development Co., Ltd. provides construction and civil engineering contracting services in Taiwan. The company is involved in the construction of residential buildings through subcontracting; lease and sale of commercial buildings; trade of construction materials; sale of related merchandise; operation of supermarkets and shopping malls; undertaking of construction and civil engineering activities; telecommunications enterprises and communication engineering activities; and import/export, manufacture, and planning of precast constructional components, such as beams, columns, and walls, as well as provision of relevant electrical and mechanical works. It also operates department stores and supermarkets; and manufactures waste disposal and pollution prevention equipment. In addition, the company offers mansions management, retirement home, general property management, maintenance, security, and building rental and selling services; business management consulting and construction engineering, and congregate housing services; interior decoration, gardens, and greenery design and construction services; and personal insurance products, including life, health, and damage, and annuity insurance policies. Further, it manufactures, processes, spins, textiles, and sells garments; and produces and distributes building materials. The company was formerly known as Ruentex Construction Co., Ltd. and changed its name to Ruentex Development Co., Ltd. in July 2002. Ruentex Development Co., Ltd. was incorporated in 1977 and is headquartered in Taipei, Taiwan.

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StockViz Staff

January 15, 2025

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