Waton Financial Limited Ordinary Shares (WTF) - Net Assets
Based on the latest financial reports, Waton Financial Limited Ordinary Shares (WTF) has net assets worth $21.73 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 ($54.66 Million) and total liabilities ($32.93 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 WTF PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $21.73 Million |
| % of Total Assets | 39.75% |
| Annual Growth Rate | 127.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 698.76 |
Waton Financial Limited Ordinary Shares - Net Assets Trend (2022–2026)
This chart illustrates how Waton Financial Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Waton Financial Limited Ordinary Shares (WTF) total market value.
Annual Net Assets for Waton Financial Limited Ordinary Shares (2022–2026)
The table below shows the annual net assets of Waton Financial Limited Ordinary Shares from 2022 to 2026. Also explore Waton Financial Limited Ordinary Shares (WTF) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $21.73 Million | +70.16% |
| 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 2035769700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-69.02K | -0.32% |
| Other Components | $46.05 Million | 211.98% |
| Total Equity | $21.73 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 |
|---|---|
|
Suraj Estate Developers Ltd.
NSE:SURAJEST
|
$113.36 Million |
|
Industri Dan Perdagangan Bintraco Dharma Tbk PT
JK:CARS
|
$113.38 Million |
|
Lippo General Insurance Tbk
JK:LPGI
|
$113.38 Million |
|
Tander Inversiones SOCIMI SA
MC:YTAN
|
$113.43 Million |
|
Capital Appreciation Ltd
JSE:CTA
|
$113.35 Million |
|
Daehan Green Power Corporation
KQ:060900
|
$113.29 Million |
|
Kairos Minerals Ltd
AU:KAI
|
$113.27 Million |
|
GnBS Engineering Co. Ltd.
KQ:382800
|
$113.25 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 2025 to 2026, total equity changed from 12,767,743 to 21,725,314, a change of 8,957,571 (70.2%).
- Net loss of 15,152,338 reduced equity.
- New share issuances of 18,234,300 increased equity.
- Other comprehensive income decreased equity by 126,178.
- Other factors increased equity by 6,001,787.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.15 Million | -69.75% |
| Share Issuances | $18.23 Million | +83.93% |
| Other Comprehensive Income | $-126.18K | -0.58% |
| Other Changes | $6.00 Million | +27.63% |
| Total Change | $- | 70.16% |
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: 5.22x
- 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 136.89x to 5.22x 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 | $2.35 | x |
| 2023-03-31 | $0.30 | $2.35 | x |
| 2024-03-31 | $0.23 | $2.35 | x |
| 2025-03-31 | $0.27 | $2.35 | x |
| 2026-03-31 | $0.45 | $2.35 | 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): -69.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -136.72%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.52x
- Recent ROE (-69.75%) is below the historical average (-60.36%), 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 |
| 2026 | -69.75% | -136.72% | 0.20x | 2.52x | $-17.32 Million |
Industry Comparison
This section compares Waton Financial Limited Ordinary Shares's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $132,546,028
- Average return on equity (ROE) among peers: -47.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Waton Financial Limited Ordinary Shares (WTF) | $21.73 Million | -183.31% | 1.52x | $113.36 Million |
| American Bitcoin Corp (ABTC) | $57.53 Million | -58.95% | 0.34x | $230.45 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.05 Million |
| Sphere 3D Corp (ANY) | $20.45 Million | -334.83% | 3.53x | $23.50 Million |
| Argo Blockchain PLC ADR (ARBK) | $272.27 Million | 14.35% | 0.43x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-3.23 Million | 0.00% | 0.00x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $-291.66K | 0.00% | 0.00x | $24.36 Million |
| Solowin Holdings (AXG) | $4.73 Million | -23.16% | 1.60x | $204.86 Million |
| BGC Group Inc. (BGC) | $863.17 Million | 23.42% | 2.98x | $4.45 Billion |
| Big Digital Energy, Inc. (BGDE) | $76.17 Million | -69.27% | 0.75x | $34.07 Million |
| Bitfarms Ltd (BITF) | $28.09 Million | 10.32% | 0.88x | $1.21 Billion |
About Waton Financial Limited Ordinary Shares
Waton Financial Limited provides securities brokerage and financial technology services in Hong Kong. The company offers securities brokerage services for securities listed on the Hong Kong Stock Exchange; margin financing services; and other ancillary services through an electronic trading platform to its corporate and individual brokerage customers, as well as bond distribution services. It als… Read more