Bytes Technology Ltd
Bytes Technology Group plc offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and subscriptions and software assurance products. It also offers externally and internally training and consulting services; cyber security; digital workspace; hybr… Read more
Bytes Technology Ltd (BYIT) - Net Assets
Latest net assets as of August 2025: GBX77.42 Million GBX
Based on the latest financial reports, Bytes Technology Ltd (BYIT) has net assets worth GBX77.42 Million GBX as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX419.94 Million) and total liabilities (GBX342.52 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX77.42 Million |
| % of Total Assets | 18.44% |
| Annual Growth Rate | 16.52% |
| 5-Year Change | 106.12% |
| 10-Year Change | N/A |
| Growth Volatility | 62.54 |
Bytes Technology Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Bytes Technology Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bytes Technology Ltd (2018–2025)
The table below shows the annual net assets of Bytes Technology Ltd from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | GBX98.04 Million | +25.16% |
| 2024-02-29 | GBX78.34 Million | 0.00% |
| 2024-02-28 | GBX78.34 Million | +27.38% |
| 2023-02-28 | GBX61.50 Million | +29.29% |
| 2022-02-28 | GBX47.57 Million | +184.02% |
| 2021-02-28 | GBX16.75 Million | -68.27% |
| 2020-02-29 | GBX52.78 Million | 0.00% |
| 2020-02-28 | GBX52.78 Million | +25.22% |
| 2019-02-28 | GBX42.15 Million | +25.36% |
| 2018-02-28 | GBX33.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bytes Technology Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 168.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX88.70 Million | 90.47% |
| Common Stock | GBX2.41 Million | 2.46% |
| Other Components | GBX6.94 Million | 7.07% |
| Total Equity | GBX98.04 Million | 100.00% |
Bytes Technology Ltd Competitors by Market Cap
The table below lists competitors of Bytes Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ASAHI GROUP HD
MU:ABW
|
$85.38K |
|
Homebiogas Ltd
TA:HMGS
|
$85.39K |
|
Chesnara
LSE:CSN
|
$85.41K |
|
Histogen Inc
NASDAQ:HSTO
|
$85.44K |
|
Shindaeyang Paper Co. Ltd.
KQ:016590
|
$85.34K |
|
COLORADO
BC:COLORADO
|
$85.28K |
|
Cartavio S.A.A
LIM:CARTAVC1
|
$85.22K |
|
Oriental Rise Holdings Limited Ordinary Shares
NASDAQ:ORIS
|
$85.21K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bytes Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 78,336,000 to 98,043,000, a change of 19,707,000 (25.2%).
- Net income of 54,841,000 contributed positively to equity growth.
- Dividend payments of 42,843,000 reduced retained earnings.
- New share issuances of 2,789,000 increased equity.
- Other comprehensive income decreased equity by 11,050,000.
- Other factors increased equity by 15,970,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX54.84 Million | +55.94% |
| Dividends Paid | GBX42.84 Million | -43.7% |
| Share Issuances | GBX2.79 Million | +2.84% |
| Other Comprehensive Income | GBX-11.05 Million | -11.27% |
| Other Changes | GBX15.97 Million | +16.29% |
| Total Change | GBX- | 25.16% |
Book Value vs Market Value Analysis
This analysis compares Bytes Technology Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 757.77x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2113.10x to 757.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-02-28 | GBX0.14 | GBX297.40 | x |
| 2019-02-28 | GBX0.18 | GBX297.40 | x |
| 2020-02-28 | GBX0.22 | GBX297.40 | x |
| 2020-02-29 | GBX0.22 | GBX297.40 | x |
| 2021-02-28 | GBX0.07 | GBX297.40 | x |
| 2022-02-28 | GBX0.19 | GBX297.40 | x |
| 2023-02-28 | GBX0.25 | GBX297.40 | x |
| 2024-02-28 | GBX0.32 | GBX297.40 | x |
| 2024-02-29 | GBX0.32 | GBX297.40 | x |
| 2025-02-28 | GBX0.39 | GBX297.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bytes Technology Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 55.94%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.26%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 4.64x
- Recent ROE (55.94%) is below the historical average (58.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 24.06% | 2.51% | 2.78x | 3.44x | GBX4.73 Million |
| 2019 | 35.91% | 4.33% | 2.41x | 3.44x | GBX10.92 Million |
| 2020 | 45.77% | 6.47% | 1.99x | 3.55x | GBX18.88 Million |
| 2020 | 45.77% | 6.47% | 1.99x | 3.55x | GBX18.88 Million |
| 2021 | 119.02% | 5.06% | 2.08x | 11.32x | GBX18.26 Million |
| 2022 | 69.07% | 22.53% | 0.51x | 5.96x | GBX28.10 Million |
| 2023 | 65.73% | 21.92% | 0.57x | 5.22x | GBX34.27 Million |
| 2024 | 59.81% | 22.63% | 0.55x | 4.85x | GBX39.02 Million |
| 2024 | 59.81% | 22.63% | 0.55x | 4.85x | GBX39.02 Million |
| 2025 | 55.94% | 25.26% | 0.48x | 4.64x | GBX45.04 Million |
Industry Comparison
This section compares Bytes Technology Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $39,136,765
- Average return on equity (ROE) among peers: 1.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bytes Technology Ltd (BYIT) | GBX77.42 Million | 24.06% | 4.42x | $85.35K |
| Beeks Trading Corporation Ltd (BKS) | $5.63 Million | 18.87% | 0.46x | $17.02K |
| Boku Inc (BOKU) | $-442.00K | 0.00% | 0.00x | $72.45K |
| Cloudcoco Group PLC (CLCO) | $5.17 Million | -41.12% | 1.85x | $98.81 |
| Catenai PLC (CTAI) | $16.70 Million | -21.78% | 0.12x | $366.36 |
| Cykel AI PLC (CYK) | $-958.90K | 0.00% | 0.00x | $386.67 |
| W.A.G payment solutions plc (EWG) | $316.56 Million | 5.25% | 1.89x | $127.17 |
| Finseta Plc (FIN) | $65.78K | 0.00% | 5.70x | $1.01K |
| Fonix Mobile plc (FNX) | $7.82 Million | 102.62% | 5.41x | $20.56K |
| Insig Ai PLC (INSG) | $1.68 Million | -50.48% | 0.75x | $3.42K |