RAY (Raytech Holding) Scaled Net Operating Assets: -0.04 (As of Sep. 2025)


RAY Raytech Holding Ltd RAY
24 GF Score
Price $2.99
! 1 Warning Sign
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What is Raytech Holding Scaled Net Operating Assets?

Raytech Holding RAY -2.92% 24 Scaled Net Operating Assets is -0.04 as of Sep. 2025. GuruFocus rates RAY with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Raytech Holding's operating assets for the quarter that ended in Sep. 2025 was $3.19 Mil. Raytech Holding's operating liabilities for the quarter that ended in Sep. 2025 was $3.70 Mil. Raytech Holding's Total Assets for the quarter that ended in Mar. 2025 was $12.21 Mil. Therefore, Raytech Holding's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was -0.04.


Raytech Holding Scaled Net Operating Assets Historical Data

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The historical data trend for Raytech Holding's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Raytech Holding Scaled Net Operating Assets Chart

Raytech Holding Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
0.30 0.23 -0.01 -0.15 -0.14

Raytech Holding Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -0.10 -0.13 -0.08 -0.04

RAY vs DQWS, PURE, TANH: Scaled Net Operating Assets Comparison

For the Household & Personal Products subindustry, Raytech Holding's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Raytech Holding Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Raytech Holding's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Raytech Holding's Scaled Net Operating Assets falls into.


RAY
24GF Score
Raytech Holding Ltd RAY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Raytech Holding Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Raytech Holding's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(1.292-2.307)/7.428
=-0.14

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12.208 - 10.916
=1.292

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.307 - 0 - 0
=2.307

Raytech Holding's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Mar. 2025 )
=(3.191-3.695)/12.208
=-0.04

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18.804 - 15.613
=3.191

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.695 - 0 - 0
=3.695

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of -0.04 mean?
Raytech Holding (RAY) has a Scaled Net Operating Assets of -0.04 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Raytech Holding and its competitors.
Is Raytech Holding's Scaled Net Operating Assets too high?
Raytech Holding's current Scaled Net Operating Assets is -0.04. Overall, Raytech Holding has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Raytech Holding's Scaled Net Operating Assets compare to DQWS and PURE?
Raytech Holding's Scaled Net Operating Assets of -0.04 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Raytech Holding and its competitors. Raytech Holding's current Scaled Net Operating Assets is -0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raytech Holding stock overvalued right now?
Raytech Holding (RAY) has a current Scaled Net Operating Assets of -0.04. The current Scaled Net Operating Assets is -0.04. Raytech Holding's overall GF Score™ is 24/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Raytech Holding (RAY), the current Scaled Net Operating Assets is -0.04 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Raytech Holding Business Description

Address No.19 Lam Lok Street, Unit 609, 6th Floor, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG
Raytech Holding Ltd is principally engaged in product designing and manufacturing of various product ranges such as Hair Care, Men's Care and Women's Care products. It has sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven categories: hair styling series, including hair dryer, hair straightener and curling iron; trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; eyelash curler; neck care series; nail care series; tooling and other personal care appliances such as body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. Raytech manufactures products under OEM and ODM.
24GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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