Bytes Technology Ltd Net Assets
Bytes Technology Ltd net assets. Based on the latest financial reports, Bytes Technology Ltd (BYIT) has net assets worth GBX81.12 Million GBX (≈ $9.87K USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX474.13 Million ≈ $57.69K USD) and total liabilities (GBX393.01 Million ≈ $47.82K USD). 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. Also explore net asset momentum of Bytes Technology Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX81.12 Million |
| % of Total Assets | 17.11% |
| Annual Growth Rate | 11.64% |
| 5-Year Change | 31.91% |
| 10-Year Change | 92.44% |
| Growth Volatility | 60.83 |
Net Assets of Bytes Technology Ltd (2018–2026)
Net assets of Bytes Technology Ltd from 2018 to 2026. This chart illustrates how Bytes Technology Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Bytes Technology Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Bytes Technology Ltd (2018–2026)
The table below shows the annual net assets of Bytes Technology Ltd from 2018 to 2026. For live market cap and overall valuation, see Bytes Technology Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | GBX81.12 Million ≈ $9.87K |
-17.26% |
| 2025-02-28 | GBX98.04 Million ≈ $11.93K |
+25.16% |
| 2024-02-29 | GBX78.34 Million ≈ $9.53K |
0.00% |
| 2024-02-28 | GBX78.34 Million ≈ $9.53K |
+27.38% |
| 2023-02-28 | GBX61.50 Million ≈ $7.48K |
+29.29% |
| 2022-02-28 | GBX47.57 Million ≈ $5.79K |
+184.02% |
| 2021-02-28 | GBX16.75 Million ≈ $2.04K |
-68.27% |
| 2020-02-29 | GBX52.78 Million ≈ $6.42K |
0.00% |
| 2020-02-28 | GBX52.78 Million ≈ $6.42K |
+25.22% |
| 2019-02-28 | GBX42.15 Million ≈ $5.13K |
+25.36% |
| 2018-02-28 | GBX33.62 Million ≈ $4.09K |
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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 decreased by 1834.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Bytes Technology Ltd Net Assets Breakdown (February 2026)
Bytes Technology Ltd net assets breakdown by equity component as of February 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX2.36 Million | 2.91% |
| Other Comprehensive Income | GBX10.83 Million | 13.35% |
| Other Components | GBX641.51 Million | 790.82% |
| Total Equity | GBX81.12 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 |
|---|---|
|
Tong Hua Holding Public Company Limited
BK:TH
|
$12.76 Million |
|
Soktas Tekstil Sanayi ve Ticaret AS
IS:SKTAS
|
$12.77 Million |
|
Fevertree Drinks Plc
LSE:FEVR
|
$12.77 Million |
|
GreenPower Motor Company Inc
V:GPV
|
$12.78 Million |
|
Ganges Securities Limited
NSE:GANGESSECU
|
$12.75 Million |
|
Desert Mountain Energy Corp
V:DME
|
$12.75 Million |
|
GULLBERG+JANSSON AB
F:9D7
|
$12.75 Million |
|
AIM Commercial Growth Freehold And Leasehold Real Estate Investment Trust
BK:AIMCG
|
$12.75 Million |
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 2025 to 2026, total equity changed from 98,043,000 to 81,120,000, a change of -16,923,000 (-17.3%).
- Net income of 51,282,000 contributed positively to equity growth.
- Dividend payments of 48,618,000 reduced retained earnings.
- Share repurchases of 25,187,000 reduced equity.
- New share issuances of 5,100,000 increased equity.
- Other comprehensive income decreased equity by 4,046,000.
- Other factors increased equity by 4,546,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX51.28 Million | +63.22% |
| Dividends Paid | GBX48.62 Million | -59.93% |
| Share Repurchases | GBX25.19 Million | -31.05% |
| Share Issuances | GBX5.10 Million | +6.29% |
| Other Comprehensive Income | GBX-4.05 Million | -4.99% |
| Other Changes | GBX4.55 Million | +5.6% |
| Total Change | GBX- | -17.26% |
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: 1371.45x
- 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 3197.36x to 1371.45x 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 | GBX450.00 | x |
| 2019-02-28 | GBX0.18 | GBX450.00 | x |
| 2020-02-28 | GBX0.22 | GBX450.00 | x |
| 2020-02-29 | GBX0.22 | GBX450.00 | x |
| 2021-02-28 | GBX0.07 | GBX450.00 | x |
| 2022-02-28 | GBX0.19 | GBX450.00 | x |
| 2023-02-28 | GBX0.25 | GBX450.00 | x |
| 2024-02-28 | GBX0.32 | GBX450.00 | x |
| 2024-02-29 | GBX0.32 | GBX450.00 | x |
| 2025-02-28 | GBX0.39 | GBX450.00 | x |
| 2026-02-28 | GBX0.33 | GBX450.00 | 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): 63.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.25%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 5.84x
- Recent ROE (63.22%) is above the historical average (58.55%), indicating improving 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 |
| 2026 | 63.22% | 23.25% | 0.47x | 5.84x | GBX43.17 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: $41,881,021
- Average return on equity (ROE) among peers: -180.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bytes Technology Ltd (BYIT) | GBX81.12 Million | 24.06% | 4.84x | $12.76 Million |
| Bango plc (BGO) | $409.75K | -387.39% | 3.84x | $731.26K |
| Beeks Trading Corporation Ltd (BKS) | $43.22 Million | 6.86% | 0.34x | $1.70 Million |
| Boku Inc (BOKU) | $56.96 Million | 0.62% | 1.48x | $4.40 Million |
| Cloudcoco Group PLC (CLCO) | $-2.09 Million | 0.00% | 0.00x | $16.76K |
| Corero Network Security plc (CNS) | $4.96 Million | -43.43% | 1.30x | $926.95K |
| Catenai PLC (CTAI) | $-73.00K | 0.00% | 0.00x | $10.47K |
| Cykel AI PLC (CYK) | $187.16K | -1291.42% | 1.43x | $38.67K |
| W.A.G payment solutions plc (EWG) | $262.84 Million | -17.36% | 3.35x | $8.74 Million |
| Fonix Mobile plc (FNX) | $10.53 Million | 105.84% | 4.51x | $2.14 Million |
About Bytes Technology Ltd
Bytes Technology Group plc offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally. It sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and subscriptions and software assurance products. The company also offers externally and internally training and consulting services; cyber security; digital workspace; hybr… Read more