Bytes Technology Ltd
Bytes Technology Group plc offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and subscriptions and software assurance products. It also offers externally and internally training and consulting services; cyber security; digital workspace; hybr… Read more
Bytes Technology Ltd (BYIT) - Total Assets
Latest total assets as of August 2025: GBX419.94 Million GBX
Based on the latest financial reports, Bytes Technology Ltd (BYIT) holds total assets worth GBX419.94 Million GBX as of August 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Bytes Technology Ltd - Total Assets Trend (2018–2025)
This chart illustrates how Bytes Technology Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bytes Technology Ltd - Asset Composition Analysis
Current Asset Composition (February 2025)
Bytes Technology Ltd's total assets of GBX419.94 Million consist of 86.0% current assets and 14.0% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 24.8% |
| Accounts Receivable | GBX276.11 Million | 60.7% |
| Inventory | GBX14.00K | 0.0% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX5.98 Million | 1.3% |
| Goodwill | GBX37.49 Million | 8.2% |
Asset Composition Trend (2018–2025)
This chart illustrates how Bytes Technology Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bytes Technology Ltd's current assets represent 86.0% of total assets in 2025, an increase from 51.1% in 2018.
- Cash Position: Cash and equivalents constituted 24.8% of total assets in 2025, up from 5.8% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, a decrease from 42.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 60.7% of total assets.
Bytes Technology Ltd Competitors by Total Assets
Key competitors of Bytes Technology Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Bytes Technology Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Bytes Technology Ltd generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Bytes Technology Ltd generates $ 12.05 in net profit.
Bytes Technology Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.05 | 1.09 | 0.99 |
| Quick Ratio | 1.05 | 1.09 | 0.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX17.51 Million | GBX 24.27 Million | GBX -755.00K |
Bytes Technology Ltd - Advanced Valuation Insights
This section examines the relationship between Bytes Technology Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.06 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 19.9% |
| Total Assets | GBX455.23 Million |
| Market Capitalization | $85.35K USD |
Valuation Analysis
Below Book Valuation: The market values Bytes Technology Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Bytes Technology Ltd's assets grew by 19.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Bytes Technology Ltd (2018–2025)
The table below shows the annual total assets of Bytes Technology Ltd from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-02-28 | GBX455.23 Million | +19.89% |
| 2024-02-29 | GBX379.72 Million | 0.00% |
| 2024-02-28 | GBX379.72 Million | +18.38% |
| 2023-02-28 | GBX320.77 Million | +13.12% |
| 2022-02-28 | GBX283.57 Million | +49.60% |
| 2021-02-28 | GBX189.55 Million | +1.27% |
| 2020-02-29 | GBX187.19 Million | 0.00% |
| 2020-02-28 | GBX187.19 Million | +29.12% |
| 2019-02-28 | GBX144.97 Million | +25.17% |
| 2018-02-28 | GBX115.83 Million | -- |