Raytech Holding Limited Ordinary Shares (RAY) - Net Assets
Based on the latest financial reports, Raytech Holding Limited Ordinary Shares (RAY) has net assets worth $129.50 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($215.96 Million) and total liabilities ($86.46 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. See Raytech Holding Limited Ordinary Shares balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $129.50 Million |
| % of Total Assets | 59.97% |
| Annual Growth Rate | 79.44% |
| 5-Year Change | 6731.61% |
| 10-Year Change | N/A |
| Growth Volatility | 409.23 |
Raytech Holding Limited Ordinary Shares - Net Assets Trend (2021–2026)
This chart illustrates how Raytech Holding Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Raytech Holding Limited Ordinary Shares stock valuation.
Annual Net Assets for Raytech Holding Limited Ordinary Shares (2021–2026)
The table below shows the annual net assets of Raytech Holding Limited Ordinary Shares from 2021 to 2026. Also explore RAY net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $129.50 Million | +68.27% |
| 2025-03-31 | $76.96 Million | +147.66% |
| 2024-03-31 | $31.08 Million | +1054.01% |
| 2023-03-31 | $2.69 Million | +42.05% |
| 2022-03-31 | $1.90 Million | -72.78% |
| 2021-03-31 | $6.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Raytech Holding Limited Ordinary Shares'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 714.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $55.91 Million | 43.17% |
| Common Stock | $2.14K | 0.00% |
| Other Components | $73.59 Million | 56.82% |
| Total Equity | $129.50 Million | 100.00% |
Raytech Holding Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Raytech Holding Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Burgundy Diamond Mines Ltd
AU:BDM
|
$17.10 Million |
|
Vunani Ltd
JSE:VUN
|
$17.10 Million |
|
HK Co. Ltd
KQ:044780
|
$17.11 Million |
|
Genmin Ltd
AU:GEN
|
$17.12 Million |
|
THUNDER GOLD CORP.
F:Z25
|
$17.09 Million |
|
SUNL.TECH.G.ADR/2DL-00005
F:S790
|
$17.08 Million |
|
N.C. Housing Public Company Limited
BK:NCH
|
$17.08 Million |
|
Kainos Group PLC
LSE:KNOS
|
$17.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Raytech Holding Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 76,962,017 to 129,503,797, a change of 52,541,780 (68.3%).
- Net income of 16,761,333 contributed positively to equity growth.
- Other factors increased equity by 35,780,447.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $16.76 Million | +12.94% |
| Other Changes | $35.78 Million | +27.63% |
| Total Change | $- | 68.27% |
Book Value vs Market Value Analysis
This analysis compares Raytech Holding Limited Ordinary Shares'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: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.17x to 0.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | $2.49 | $2.91 | x |
| 2022-03-31 | $5.30 | $2.91 | x |
| 2023-03-31 | $7.55 | $2.91 | x |
| 2024-03-31 | $12.14 | $2.91 | x |
| 2025-03-31 | $27.99 | $2.91 | x |
| 2026-03-31 | $55.82 | $2.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Raytech Holding Limited Ordinary Shares 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): 12.94%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.70%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.67x
- Recent ROE (12.94%) is below the historical average (38.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 80.77% | 17.65% | 2.69x | 1.70x | $4.93 Million |
| 2022 | 63.59% | 20.93% | 16.92x | 0.18x | $7.96 Million |
| 2023 | 29.77% | 13.82% | 10.81x | 0.20x | $4.18 Million |
| 2024 | 31.98% | 14.84% | 1.15x | 1.87x | $6.83 Million |
| 2025 | 10.74% | 10.50% | 0.83x | 1.23x | $572.17K |
| 2026 | 12.94% | 11.70% | 0.66x | 1.67x | $3.81 Million |
Industry Comparison
This section compares Raytech Holding Limited Ordinary Shares's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $768,563,765
- Average return on equity (ROE) among peers: -39.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Raytech Holding Limited Ordinary Shares (RAY) | $129.50 Million | 80.77% | 0.67x | $17.10 Million |
| Acme United Corporation (ACU) | $62.72 Million | 12.91% | 1.07x | $158.51 Million |
| Bruush Oral Care Inc. (BRSHF) | $-1.40 Million | 0.00% | 0.00x | $20.19K |
| Park Ha Biological Technology Co., Ltd. (BYAH) | $-578.18K | 0.00% | 0.00x | $12.69 Million |
| Church & Dwight Company Inc (CHD) | $230.10 Million | 19.73% | 1.07x | $22.55 Billion |
| Colgate-Palmolive Company (CL) | $1.14 Billion | 16.94% | 1.83x | $69.94 Billion |
| The Clorox Company (CLX) | $1.22 Billion | 40.58% | 2.01x | $10.28 Billion |
| Coty Inc (COTY) | $3.31 Billion | -30.43% | 4.06x | $1.94 Billion |
| Carmell Therapeutics Corporation (CTCX) | $24.75 Million | -62.41% | 1.58x | $4.61 Million |
| Big Tree Cloud Holdings Limited Ordinary Shares (DSY) | $453.17K | -417.72% | 4.36x | $4.39 Million |
| Estee Lauder Companies Inc (EL) | $1.71 Billion | 23.77% | 1.27x | $23.21 Billion |
About Raytech Holding Limited Ordinary Shares
Raytech Holding Limited, through its subsidiary, engages in the sourcing and wholesale of personal care and lifestyle electrical appliances for international brand owners in Hong Kong and Japan. The company offers hair care products, such as hair dryers and clippers, hair straighteners, curling iron products, and scalp massagers; trimmer series, including facial shavers, nose trimmers, and eyebro… Read more