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Raytech Holding Limited Announces First Half Fiscal Year 2026 Financial Results
Globenewswire· 2026-01-15 14:00
Core Insights - Raytech Holding Limited reported a net income of HK$4.7 million (US$610,454) for the first half of fiscal year 2026, with a net margin of 12.6%, an improvement from 10.8% in the previous year [2][3] - The company maintained a strong cash position with cash and cash equivalents of HK$121.5 million (US$15.6 million), a 43.2% increase from HK$84.9 million as of March 31, 2025 [2][3] - Revenue for the period was HK$37.6 million (US$4.8 million), reflecting a 13.1% decrease from HK$43.2 million in the prior year, primarily due to tariffs impacting the global trading environment [2][3] Financial Performance - Net income for the first half of fiscal year 2026 was HK$4.7 million (US$610,454) with an improved net margin of 12.6% compared to 10.8% in the prior year [6] - Gross profit margin increased significantly to 26.3%, up from 21.2% in the previous year [6] - Revenue from the hair styling series increased by 35.9% to HK$26.0 million (US$3.3 million) in H1 FY2026, while revenue from the trimmer series decreased to HK$9.1 million (US$1.2 million) [6] Balance Sheet Strength - Cash and cash equivalents rose by 43.2% to HK$121.5 million (US$15.6 million) as of September 30, 2025 [12] - Total current assets increased to HK$145.7 million (US$18.7 million) from HK$94.9 million as of March 31, 2025 [12] - Net current assets strengthened to HK$116.9 million (US$15.0 million) compared to HK$76.9 million as of March 31, 2025 [12] Management Commentary - The CEO highlighted the company's resilience and operational excellence despite challenging global trade conditions, emphasizing the improved profitability metrics and strategic focus on higher-margin products [3] - The company remains committed to expanding its presence in the U.S., UK, Europe, Australia, and regional Asian markets [3] Strategic Outlook - Raytech aims to become a leading product design and development company in the personal care and lifestyle electrical appliances industry in Asia [9] - The company plans to explore new product lines and continue expanding its men's personal care and hair care product lines [9]
Raytech Holding Limited(RAY) - Prospectus(update)
2024-02-27 22:22
Registration No. 333-275197 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 4 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 RAYTECH HOLDING LIMITED (Exact name of registrant as specified in its charter) British Virgin Islands 3630 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) Unit 609, 6/F, Nan Fung Commercial Centre, No. ...
Raytech Holding Limited(RAY) - Prospectus(update)
2024-01-29 19:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 RAYTECH HOLDING LIMITED (Exact name of registrant as specified in its charter) British Virgin Islands 3630 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) Unit 609, 6/F, Nan Fung Commercial Centre, No.19 Lam Lok Street, Kowloon B ...
Raytech Holding Limited(RAY) - Prospectus(update)
2024-01-18 22:25
Registration No. 333-275197 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 RAYTECH HOLDING LIMITED (Exact name of registrant as specified in its charter) British Virgin Islands 3630 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) Unit 609, 6/F, Nan Fung Commercial Centre, No. ...
Raytech Holding Limited(RAY) - Prospectus(update)
2023-11-17 20:29
As filed with the U.S. Securities and Exchange Commission on November 17, 2023. Registration No. 333-275197 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 RAYTECH HOLDING LIMITED (Exact name of registrant as specified in its charter) British Virgin Islands 3630 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S ...