New Risk • Aug 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 116% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (US$17.6m market cap). Reported Earnings • Aug 04
Full year 2026 earnings released: EPS: HK$7.19 (vs HK$7.60 in FY 2025) Full year 2026 results: EPS: HK$7.19. Revenue: HK$142.6m (up 81% from FY 2025). Net income: HK$16.7m (up 102% from FY 2025). Profit margin: 12% (up from 11% in FY 2025). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$2.69, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 14x in the Retail Distributors industry in the US. Total loss to shareholders of 91% over the past year. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to US$3.66, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 15x in the Retail Distributors industry in the US. Total loss to shareholders of 87% over the past year. Board Change • May 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Founder, CEO & Director Tim Hoi Ching is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to US$2.45, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 19x in the Retail Distributors industry in the US. Total loss to shareholders of 94% over the past year. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$3.26, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 18x in the Retail Distributors industry in the US. Total loss to shareholders of 92% over the past year. New Risk • Mar 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.89m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (148% increase in shares outstanding). Market cap is less than US$10m (US$9.89m market cap). Board Change • Feb 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Founder, Chairman & CEO Tim Hoi Ching is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to US$3.59, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 20x in the Retail Distributors industry in the US. Total loss to shareholders of 81% over the past year. Reported Earnings • Jan 16
First half 2026 earnings released: EPS: HK$2.48 (vs HK$4.33 in 1H 2025) First half 2026 results: EPS: HK$2.48. Revenue: HK$37.6m (down 13% from 1H 2025). Net income: HK$4.75m (up 2.1% from 1H 2025). Profit margin: 13% (up from 11% in 1H 2025). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to US$2.52, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 20x in the Retail Distributors industry in the US. Total loss to shareholders of 88% over the past year. Annuncio • Jan 07
Raytech Holding Limited Announces Changes to Its Board and Committee, Effective from January 2, 2026 On January 2, 2026, Raytech Holding Limited announced that Chun Yin Ling and Wan Venus Li each resigned from the position as a director of the board of directors (the “Board”) of the Company, effective January 2, 2026. In connection with Ms. Li’s resignation, she will also step down from her roles as a member of the Audit Committee and Compensation Committee, as well as the Chairperson of the Nominating and Corporate Governance Committee of the Board. On the same day, the Board of the Company passed a resolution to appoint Tianfu Yuan as a director to fill the vacancy resulting from Mr. Ling’s resignation and Shibin Wang as an independent director to the Board to fill the vacancy resulting from Ms. Li’s resignation. Following the appointments, Mr. Yuan are now a director to the Board and Dr. Wang are now an independent director to the Board, as well as a member of the Audit Committee and Compensation Committee and the Chairperson of the Nominating and Corporate Governance Committee of the Board. The Company believes that Dr. Wang qualifies as an independent director of the Company in accordance with Nasdaq Listing Rules and regulations of the Securities and Exchange Commission. Mr. Tianfu Yuan joined in GoFintech Quantum Innovation Limited (HKG: 0290), a financial technology investment platform, in January 2022 and was further appointed as Co-Chief Executive Officer since February 2024. Prior to that, from January 2020 to December 2021, Mr. Yuan served as Vice President of Kunwu Jiuding Investment Management Co., Ltd, a company engages in private equity investment management. Mr. Yuan obtained his Bachelor’s degree in Electronic Science and Technology from Tsinghua University, his Master of Business Administration from Renmin University of China in 2016, and is pursuing his Doctorate of Business Administration in the Hong Kong University of Science and Technology. Mr. Yuan has nearly 16 years of experience in the financial industry and is familiar with the market environment, regulations, and operations of the Chinese mainland, Hong Kong, and international capital markets Dr. Shibin Wang serves as a director of several companies, including: Wealthink AI-Innovation Capital Limited (1140.HK), a provider of roadshow platforms and digital Investor Relations Management solutions, since November 2021 and Chenghe Acquisition Co. (Nasdaq: CHEAU), a company focuses on merger and acquisition of potential business, since July 2021. Dr. Wang was the Chief Business officer and director of Hong Kong Digital Asset Ex Limited, a company engages in digital asset investment and trading from April 2019 to March 2025. Dr. Wang obtained his Bachelor’s degree in International Economics and Trade from Dongbei University of Finance and Economics and his Master’s degree in International Finance and Doctorate in Finance from PBC School of Finance of Tsinghua University. Dr. Wang has nearly 20 years of experience in international capital markets and investment banking. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$1.93, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 19x in the Retail Distributors industry in the US. Total loss to shareholders of 89% over the past year. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to US$1.66, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 18x in the Retail Distributors industry in the US. Total loss to shareholders of 92% over the past year. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$3.13, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 21x in the Retail Distributors industry in the US. Total loss to shareholders of 88% over the past year. Buy Or Sell Opportunity • Oct 23
Now 23% overvalued Over the last 90 days, the stock has fallen 87% to US$0.33. The fair value is estimated to be US$0.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 3.4%. New Risk • Aug 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$45.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Shareholders have been substantially diluted in the past year (149% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$45.8m market cap). Board Change • Jul 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Founder, Chairman & CEO Tim Hoi Ching is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 149% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Shareholders have been substantially diluted in the past year (149% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (US$58.0m market cap). Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to US$1.37, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 21x in the Retail Distributors industry in the US. Total loss to shareholders of 68% over the past year. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to US$1.23, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 20x in the Retail Distributors industry in the US. Total loss to shareholders of 67% over the past year. Annuncio • Jun 07
Raytech Holding Limited has filed a Follow-on Equity Offering. Raytech Holding Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000 Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to US$1.83, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 21x in the Retail Distributors industry in the US. Total loss to shareholders of 50% over the past year. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$2.33, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 19x in the Retail Distributors industry in the US. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$2.21, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 16x in the Retail Distributors industry in the US. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to US$1.22, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 17x in the Retail Distributors industry in the US. New Risk • Feb 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (US$21.1m market cap). Reported Earnings • Jan 13
First half 2025 earnings released: EPS: HK$0.27 (vs HK$0.40 in 1H 2024) First half 2025 results: EPS: HK$0.27 (down from HK$0.40 in 1H 2024). Revenue: HK$43.2m (up 31% from 1H 2024). Net income: HK$4.65m (down 28% from 1H 2024). Profit margin: 11% (down from 19% in 1H 2024). The decrease in margin was driven by higher expenses. New Risk • Jan 12
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (US$23.8m market cap). Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$1.67, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 17x in the Retail Distributors industry in the US. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to US$1.30, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 18x in the Retail Distributors industry in the US. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$1.76, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 16x in the Retail Distributors industry in the US. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.70, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 16x in the Retail Distributors industry in the US. Annuncio • Sep 26
Raytech Holding Limited, Annual General Meeting, Oct 23, 2024 Raytech Holding Limited, Annual General Meeting, Oct 23, 2024, at 09:00 China Standard Time. Location: unit 609, 6/f, nan fung commercial centre, no.19 lam lok street, kowloon bay, Hong Kong Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$1.77, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 16x in the Retail Distributors industry in the US. New Risk • Aug 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Market cap is less than US$100m (US$38.5m market cap). Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$2.94, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 15x in the Retail Distributors industry in the US. Reported Earnings • Jul 31
Full year 2024 earnings released: EPS: HK$0.62 (vs HK$0.39 in FY 2023) Full year 2024 results: EPS: HK$0.62 (up from HK$0.39 in FY 2023). Revenue: HK$67.0m (up 47% from FY 2023). Net income: HK$9.94m (up 58% from FY 2023). Profit margin: 15% (in line with FY 2023). Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to US$3.07, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 13x in the Retail Distributors industry in the US. Buy Or Sell Opportunity • Jul 08
Now 29% undervalued The stock has been flat over the last 90 days, currently trading at US$3.81. The fair value is estimated to be US$5.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last year. Earnings per share has grown by 75%. Annuncio • Jul 04
Raytech Holding Limited Provides Earnings Guidance for the Fiscal Year 2024 Raytech Holding Limited provided earnings guidance for the fiscal year 2024. For the period, the company expected to report income from operation of about HKD 11.3 million for the fiscal year 2024, growing by about 57.9% from the previous year. It expects to report a net income of HKD9.9 million for the fiscal year 2024, which represents a 57.9% increase from HKD 6.3 million of 2023 fiscal year. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$3.83, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 13x in the Retail Distributors industry in the US. Buy Or Sell Opportunity • May 20
Now 30% undervalued The stock has been flat over the last 90 days, currently trading at US$3.65. The fair value is estimated to be US$5.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last year. Earnings per share has grown by 75%. Annuncio • May 16
Raytech Holdings Company Limited has completed an IPO in the amount of $6 million. Raytech Holdings Company Limited has completed an IPO in the amount of $6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,500,000
Price\Range: $4
Discount Per Security: $0.3 
