Company Analysis

Raytech Holding Limited (RAY)

Nasdaq: RAY · Household Appliances · Kowloon Bay, HK · filing with the SEC since 2022
Grade6.7
◀ Past 6.9● Present 6.1▶ Future 7.3
1 est.

The grade of Raytech Holding Limited

Nine metrics read from its own filings, by tense
Headline grade
6.7/10
◀ Past6.930% of the headline
● Present6.140% of the headline
▶ Future7.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.6/10

Has it survived what it has been through?

No warning events in its filings since 2022.

weight 33% of this tense · 76th percentile among 43 sector filers · read for itself

From the record

Raytech Holding Limited's filings since 2022 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
9.2/10

What has it actually done, year after year?

+33.4% a year over 5 filed years; profitable in 5 of 5.

weight 45% of this tense · 92nd percentile among 42 sector filers · read for its customers

From the record

Raytech Holding Limited's 5 filed years say what it did: revenue went from HKD 45 million in fiscal 2022 to HKD 143 million in fiscal 2026, up 33.4% a year; it rose in 4 of 4 years; it never fell from a peak; net income was positive in 5 of 5 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span33.4%top 11% of its family
  • the share of years revenue rosetop 4% of its family
  • the share of filed years with a profittop 14% of its family
  • the deepest fall from a revenue peak0.0%top 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
1.2/10

How has it treated the people who own it?

Share count grew 32.4% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 12th percentile among 28 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-03-31, Raytech Holding Limited's diluted share count grew about 32.4% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 17% of its family
  • cash returned against operating cash flowbottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.1/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.9/10

Is it financially healthy right now?

ROE 13%: 13¢ of profit per shareholder dollar. Leverage 40%: owes 40¢ per asset dollar.

weight 45% of this tense · 49th percentile among 42 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, Raytech Holding Limited earned about 13 cents of profit for every dollar of shareholders' money. Leverage: it owed about 40 cents per dollar of assets, and net share issuance: its share count grew 113.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 30% of its family
  • return on equitytop 36% of its family
  • the share count against the year beforebottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.4/10

How strong is its position in its industry?

top 15% of 42 in its family; net margin 11.7%.

weight 33% of this tense · 85th percentile among 42 sector filers · read for its customers

From the record

Raytech Holding Limited's standing among 42 graded names in its industry family: revenue of HKD 143 million in fiscal 2026 is not ranked by size, since the family reports in another currency; a net margin of 11.7% ranks in the top 23%; revenue growth of 46.3% a year over the last 3 filed years ranks in the top 8% (its annual reports).

What it rests on

  • net margin11.7%top 23% of its family
  • three-year revenue growth46.3%top 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 33 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 33 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 33 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Raytech Holding Limited's leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 33 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

7.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.1/10

How much room does it have to grow?

top 39% of 42 in its family for room to expand.

weight 45% of this tense · 61st percentile among 42 sector filers · read for itself

From the record

Raytech Holding Limited's room to grow, from the newest filed statements (fiscal 2026): cash of HKD 78 million against no long-term debt tagged leaves 36.1% of its assets as net cash, top 6% of its family; cash from operations less capital spending is -10.2% of revenue (bottom 27%) (its annual report).

What it rests on

  • cash less debt against assets36.1%top 6% of its family
  • cash from operations less capital spending against revenue-10.2%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
9.2/10

What could actually drive growth from here?

top 8% of 42 in its family for growth drivers.

weight 33% of this tense · 92nd percentile among 42 sector filers · read for its customers

From the record

Raytech Holding Limited's growth drivers, from the filed years to fiscal 2026: revenue grew 46.3% a year over the last three filed years against 33.4% over all 5, speeding up (top 13% of its family); the newest year grew 81.2% (top 4%) (its annual reports). Raytech Holding Limited reported 3 product lines in fiscal 2026: Sales of Products at HKD 96 million (67%), Service Income at HKD 44 million (31%), Sales of Tooling at HKD 3 million (2%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+13.0 points a yeartop 13% of its family
  • the newest year's revenue growth81.2%top 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.0/10

Did its newest year beat what its own record pointed to?

top 30% of 42 in its family for expectations against reality.

weight 22% of this tense · 70th percentile among 42 sector filers · read for its shareholders

From the record

Raytech Holding Limited's newest year against its own record: revenue of HKD 143 million in fiscal 2026 came in 37.8% above the HKD 104 million its prior three years' pace pointed to (top 8% of its family); net income of HKD 17 million against a prior three-year average of HKD 8 million (top 18%); a net margin of 11.7% against 13.1% before (bottom 37%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace37.8%top 8% of its family
  • net income against the prior three years' average+104%top 18% of its family
  • net margin against its prior average-1.4 pointsbottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RAY · research, not advice