Raytech Holding Limited Ordinary Shares (RAY) - Net Assets
Based on the latest financial reports, Raytech Holding Limited Ordinary Shares (RAY) has net assets worth $117.61 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($146.38 Million) and total liabilities ($28.77 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. Check RAY cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $117.61 Million |
| % of Total Assets | 80.35% |
| Annual Growth Rate | 82.33% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 446.38 |
Raytech Holding Limited Ordinary Shares - Net Assets Trend (2021–2025)
This chart illustrates how Raytech Holding Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Raytech Holding Limited Ordinary Shares for the complete picture of this company's asset base.
Annual Net Assets for Raytech Holding Limited Ordinary Shares (2021–2025)
The table below shows the annual net assets of Raytech Holding Limited Ordinary Shares from 2021 to 2025. For live valuation and market cap data, see RAY company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 471.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $39.24 Million | 50.99% |
| Common Stock | $862.00 | 0.00% |
| Other Components | $37.72 Million | 49.01% |
| Total Equity | $76.96 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 |
|---|---|
|
Evergreen Lithium Ltd
AU:EG1
|
$7.44 Million |
|
Oxbridge Re Holdings Ltd
NASDAQ:OXBR
|
$7.45 Million |
|
Corazon Mining Ltd
AU:CZN
|
$7.45 Million |
|
Image Systems AB
ST:IS
|
$7.47 Million |
|
Zelan Bhd
KLSE:2283
|
$7.42 Million |
|
Zwahlen et Mayr SA
SW:ZWM
|
$7.42 Million |
|
ZINC of Ireland NL
AU:ZMI
|
$7.41 Million |
|
T4F Entretenimento S.A
SA:SHOW3
|
$7.41 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 2024 to 2025, total equity changed from 31,075,301 to 76,962,017, a change of 45,886,716 (147.7%).
- Net income of 8,268,367 contributed positively to equity growth.
- New share issuances of 42,871,117 increased equity.
- Other factors decreased equity by 5,252,768.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.27 Million | +10.74% |
| Share Issuances | $42.87 Million | +55.7% |
| Other Changes | $-5.25 Million | -6.83% |
| Total Change | $- | 147.66% |
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: 0.56x
- 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 6.28x to 0.56x 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 | $0.40 | $2.50 | x |
| 2022-03-31 | $0.85 | $2.50 | x |
| 2023-03-31 | $1.21 | $2.50 | x |
| 2024-03-31 | $1.94 | $2.50 | x |
| 2025-03-31 | $4.48 | $2.50 | 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): 10.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.50%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.23x
- Recent ROE (10.74%) is below the historical average (43.37%), 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 |
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: $1,363,927,605
- Average return on equity (ROE) among peers: -469.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Raytech Holding Limited Ordinary Shares (RAY) | $117.61 Million | 80.77% | 0.24x | $7.44 Million |
| Acme United Corporation (ACU) | $6.50 Million | -49.23% | 3.20x | $159.26 Million |
| Bruush Oral Care Inc. (BRSHF) | $163.14K | -5449.60% | 11.70x | $10.10K |
| Park Ha Biological Technology Co., Ltd. (BYAH) | $150.28K | 127.30% | 15.76x | $12.69 Million |
| Church & Dwight Company Inc (CHD) | $2.04 Billion | 15.17% | 0.53x | $22.73 Billion |
| Colgate-Palmolive Company (CL) | $243.00 Million | 832.92% | 51.16x | $70.34 Billion |
| The Clorox Company (CLX) | $297.00 Million | 218.18% | 14.21x | $10.53 Billion |
| Coty Inc (COTY) | $9.87 Billion | -4.28% | 1.28x | $1.95 Billion |
| Carmell Therapeutics Corporation (CTCX) | $-37.79 Million | 0.00% | 0.00x | $4.61 Million |
| Big Tree Cloud Holdings Limited Ordinary Shares (DSY) | $453.17K | -417.72% | 4.36x | $19.52 Million |
| Estee Lauder Companies Inc (EL) | $1.22 Billion | 36.81% | 2.38x | $19.60 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