Bytes Technology Ltd (BYIT) - Net Assets

Latest as of February 2026: GBX81.12 Million GBX ≈ $9.87K USD

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 BYIT current and non-current assets for the complete picture of this company's asset base.

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

Bytes Technology Ltd - Net Assets Trend (2018–2026)

This chart illustrates how Bytes Technology Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Bytes Technology Ltd's equity to evaluate the tangible quality of the company's equity base.

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 valuation and market cap data, see Bytes Technology Ltd stock valuation.

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	--

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.

Current Equity Component Breakdown (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
Aalborg Boldspilklub A/S CO:AAB	$11.80 Million
LIFESPEAK INC. F:81F	$11.80 Million
Standard Industries Limited NSE:SIL	$11.81 Million
Prochem S.A. WAR:PRM	$11.81 Million
Zantat Holdings Berhad KLSE:0301	$11.80 Million
Quantum Software SA WAR:QNT	$11.79 Million
Nuvotec KQ:060260	$11.79 Million
Urgent.ly Inc. Common Stock NASDAQ:ULY	$11.79 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: 1268.44x
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 2957.20x to 1268.44x 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	GBX416.20	x
2019-02-28	GBX0.18	GBX416.20	x
2020-02-28	GBX0.22	GBX416.20	x
2020-02-29	GBX0.22	GBX416.20	x
2021-02-28	GBX0.07	GBX416.20	x
2022-02-28	GBX0.19	GBX416.20	x
2023-02-28	GBX0.25	GBX416.20	x
2024-02-28	GBX0.32	GBX416.20	x
2024-02-29	GBX0.32	GBX416.20	x
2025-02-28	GBX0.39	GBX416.20	x
2026-02-28	GBX0.33	GBX416.20	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: $54,910,887
Average return on equity (ROE) among peers: -20.56%

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	$11.80 Million
Bango plc (BGO)	$26.18 Million	-13.94%	1.62x	$571.39K
Beeks Trading Corporation Ltd (BKS)	$32.79 Million	-0.27%	0.45x	$1.74 Million
Boku Inc (BOKU)	$137.74 Million	2.74%	1.95x	$3.84 Million
Cloudcoco Group PLC (CLCO)	$1.16 Million	-141.09%	0.50x	$15.47K
Corero Network Security plc (CNS)	$-2.37 Million	0.00%	0.00x	$514.10K
Catenai PLC (CTAI)	$4.96 Million	-129.36%	0.46x	$27.04K
Cykel AI PLC (CYK)	$-400.00K	0.00%	0.00x	$38.67K
W.A.G payment solutions plc (EWG)	$284.75 Million	3.21%	1.82x	$9.26 Million
Fonix Mobile plc (FNX)	$9.39 Million	93.70%	5.18x	$2.09 Million

About Bytes Technology Ltd

LSE:BYIT UK Software - Infrastructure

Market Cap

$11.80 Million

GBX96.97 Billion GBX

Market Cap Rank

#26628 Global

#329 in UK

Share Price

GBX416.20

Change (1 day)

+1.96%

52-Week Range

GBX253.60 - GBX427.20

All Time High

GBX633.05