Waton Financial Limited Ordinary Shares
Waton Financial Limited provides securities brokerage and financial technology services. The company offers securities brokerage services for securities listed on the Hong Kong Stock Exchange, including shares under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, the New York Stock Exchange, and the Nasdaq Stock Market; margin financing services; and other ancillary ser… Read more
Waton Financial Limited Ordinary Shares (WTF) - Net Assets
Latest net assets as of September 2025: $3.56 Million USD
Based on the latest financial reports, Waton Financial Limited Ordinary Shares (WTF) has net assets worth $3.56 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 ($8.87 Million) and total liabilities ($5.31 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 | $3.56 Million |
| % of Total Assets | 40.15% |
| Annual Growth Rate | 149.98% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 771.48 |
Waton Financial Limited Ordinary Shares - Net Assets Trend (2022–2025)
This chart illustrates how Waton Financial Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Waton Financial Limited Ordinary Shares (2022–2025)
The table below shows the annual net assets of Waton Financial Limited Ordinary Shares from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $12.77 Million | +18.86% |
| 2024-03-31 | $10.74 Million | -24.14% |
| 2023-03-31 | $14.16 Million | +1633.50% |
| 2022-03-31 | $816.84K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Waton Financial 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 decreased by 520535900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $57.16K | 0.45% |
| Other Components | $21.82 Million | 170.88% |
| Total Equity | $12.77 Million | 100.00% |
Waton Financial Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Waton Financial Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordic Technology Group A/S
OL:NTG
|
$20.32 Million |
|
Italian-Thai Development Public Company Limited
PINK:ITHDF
|
$20.33 Million |
|
CK Solution
KO:480370
|
$20.33 Million |
|
iCRAFT Co. Ltd
KQ:052460
|
$20.34 Million |
|
VivoPower International PLC
NASDAQ:VVPR
|
$20.31 Million |
|
Midland Exploration Inc
PINK:MIDLF
|
$20.31 Million |
|
Smartiks Yazilim AS
IS:SMART
|
$20.31 Million |
|
Information and Communication Networks Public Company Limited
BK:ICN
|
$20.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Waton Financial Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,742,053 to 12,767,743, a change of 2,025,690 (18.9%).
- Net loss of 11,967,505 reduced equity.
- New share issuances of 5,121,620 increased equity.
- Other comprehensive income increased equity by 83,466.
- Other factors increased equity by 8,788,109.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.97 Million | -93.73% |
| Share Issuances | $5.12 Million | +40.11% |
| Other Comprehensive Income | $83.47K | +0.65% |
| Other Changes | $8.79 Million | +68.83% |
| Total Change | $- | 18.86% |
Book Value vs Market Value Analysis
This analysis compares Waton Financial 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: 12.09x
- 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 186.40x to 12.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | $0.02 | $3.20 | x |
| 2023-03-31 | $0.30 | $3.20 | x |
| 2024-03-31 | $0.23 | $3.20 | x |
| 2025-03-31 | $0.26 | $3.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Waton Financial 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): -93.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -160.68%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 2.41x
- Recent ROE (-93.73%) is below the historical average (-58.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -183.31% | -592.26% | 0.04x | 7.09x | $-1.58 Million |
| 2023 | 21.76% | 53.68% | 0.14x | 2.88x | $1.66 Million |
| 2024 | 23.24% | 24.83% | 0.31x | 3.04x | $1.42 Million |
| 2025 | -93.73% | -160.68% | 0.24x | 2.41x | $-13.24 Million |
Industry Comparison
This section compares Waton Financial Limited Ordinary Shares's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Waton Financial Limited Ordinary Shares (WTF) | $3.56 Million | -183.31% | 1.49x | $20.31 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |