Raytech Holding Limited, through its subsidiary, engages in the sourcing and wholesale of personal care and lifestyle electrical appliances for international brand ...
Raytech Holding Limited (Nasdaq: RAY) is a Hong Kong-headquartered consumer-cycle company founded in 2013. The business focuses on enabling international brand owners to access and distribute personal care and lifestyle electrical appliances through its sourcing and wholesale operations, primarily serving customers and partners in Hong Kong and Japan. The company’s ...Raytech Holding Limited (Nasdaq: RAY) is a Hong Kong-headquartered consumer-cycle company founded in 2013. The business focuses on enabling international brand owners to access and distribute personal care and lifestyle electrical appliances through its sourcing and wholesale operations, primarily serving customers and partners in Hong Kong and Japan. The company’s product portfolio includes hair care appliances such as hair dryers and clippers, hair straighteners, curling irons, and scalp massagers; grooming and facial/eyebrow products such as facial shavers, nose trimmers, and eyebrow trimmers; eyelash curlers; nail care series; tooling products; and additional personal care appliance lines including body/face brushes, electric cosmetic brush cleaners, reset brushes, callus removers, sonic peeling products, and handy fans.
Beyond distribution, Raytech adds capability through product design and development collaboration. This “value-added” element supports brand owners who need assistance turning product concepts into commercially viable items, potentially improving speed-to-market, spec alignment, and customization.
From an operations and cost structure perspective, the company appears positioned as a sourcing/wholesale intermediary with working-capital needs typical for appliance supply chains (e.g., inventory, receivables, and supplier payables). Based on the financial snapshot provided (TTM), liquidity measures such as the current ratio and quick ratio appear supportive, which can be important for managing procurement cycles and customer payment terms. Profitability metrics indicate ongoing gross and operating profitability (margins reported in the snapshot), while free cash flow figures can be influenced by working capital movements and capital expenditure patterns.
In terms of financial/market context, Raytech’s market capitalization reported in the provided dataset is in the single-digit millions of USD range, consistent with a small-cap profile. The company’s CEO is Tim Hoi Ching, and the firm operates with a relatively lean headcount (about 15 full-time employees reported in the dataset), suggesting a compact organization likely relying on partners and suppliers for manufacturing execution while concentrating internal effort on sourcing, product management, quality coordination, and customer relationships.
For stakeholders, key “watch items” would typically include: (1) the sustainability of margins amid product-mix changes, (2) working-capital efficiency (inventory days and receivables/payables cycles), (3) demand stability in personal care appliances, and (4) the growth contribution from design/development collaboration. As part of a small, specialized wholesaling model, the company’s ability to maintain supplier relationships and keep product assortments competitive is likely central to its longer-term prospects.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$143.2M
+81.9%
+182.2%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$16.8M
+102.7%
+153.8%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+27.6%
+22.1%
+7.0%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+12.6%
+30.1%
+1.7%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+11.7%
+11.4%
-10.1%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-14.6M
-334.3%
-1147.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-10.2%
-228.8%
-471.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
11.2%
—
—
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
2.36x
-55.5%
-53.5%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
