Reitar Logtech Holdings Ltd - Understand $ritr stock

$RITR Market Cap: $235.5 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$410.1M

TTM

Gross Margin

29.68%

TTM

Net Earnings

$87.31M

TTM

Current Assets

$23.95M

Q1 2024

Current Liabilities

$18.20M

Q1 2024

Current Ratio

131.63%

Q1 2024

Total Assets

$31.03M

Q1 2024

Total Liabilities

$18.50M

Q1 2024

Book Value

$12.53M

Q1 2024

Cash

$816.6K

Q1 2024

P/E

2.697

Nov 29, 2024 EST

Free Cash Flow

$29.99M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022
Revenue	252.0M hkds	84.49M hkds	144.2M hkds
YoY Change	198.25%	-41.39%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022
Revenue	252.0M hkds	84.49M hkds	144.2M hkds
Cost Of Revenue	187.9M hkds	60.08M hkds	107.2M hkds
Gross Profit	64.06M hkds	24.41M hkds	36.93M hkds
Gross Profit Margin	25.42%	28.89%	25.62%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022
Selling, General & Admin	$25.74M	$11.91M	$13.45M
YoY Change	116.03%	-11.42%
% of Gross Profit	40.18%	48.82%	36.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$305.6K	696.5K hkds	33.72K hkds
YoY Change	-56.12%	1965.49%
% of Gross Profit	0.48%	2.85%	0.09%
Operating Expenses	$4.584M	15.00M hkds	13.45M hkds
YoY Change	-69.44%	11.5%
Operating Profit	$3.602M	9.408M hkds	23.48M hkds
YoY Change	-61.72%	-59.92%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022
Interest Expense	-$1.251M	-$210.5K	-$166.5K
YoY Change	494.53%	26.44%
% of Operating Profit	-34.74%	-2.24%	-0.71%
Other Income/Expense, Net	-$351.5K	46.86K hkds	-148.4K hkds
YoY Change	-850.17%	-131.58%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022
Pretax Income	$3.250M	9.455M hkds	23.33M hkds
YoY Change	-65.63%	-59.47%
Income Tax	$741.9K	1.995M hkds	4.163M hkds
% Of Pretax Income	22.83%	21.1%	17.85%
Net Earnings	$2.525M	63.71M hkds	19.16M hkds
YoY Change	-96.04%	232.45%
Net Earnings / Revenue	1.0%	75.41%	13.29%
Basic Earnings Per Share	$0.04	$1.52	$0.64
Diluted Earnings Per Share	$0.33	$1.52	$0.64

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022
Cash & Short-Term Investments	$6.391M	$46.61M	$8.648M
YoY Change	-86.29%	439.01%
Cash & Equivalents	$6.391M	$46.61M	$8.648M
Short-Term Investments
Other Short-Term Assets	$26.45M	$70.43M	$790.2K
YoY Change	-62.44%	8812.65%
Inventory
Prepaid Expenses
Receivables	$59.55M	$16.12M	$5.478M
Other Receivables	$95.05M	$20.67M	$27.05M
Total Short-Term Assets	$187.4M	$153.8M	$41.97M
YoY Change	21.85%	266.53%
Property, Plant & Equipment	$9.741M	$14.07M	$120.6K
YoY Change	-30.77%	11567.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$10.51M	$0.00
YoY Change
Other Assets	$1.059M	$1.059M
YoY Change	0.0%
Total Long-Term Assets	$55.38M	$49.85M	$120.6K
YoY Change	11.08%	41234.21%
Total Assets	$242.8M	$203.7M	$42.09M
YoY Change
Accounts Payable	$22.73M	$16.70M	$14.10M
YoY Change	36.17%	18.44%
Accrued Expenses	$9.063M	$11.76M	$25.50K
YoY Change	-22.91%	46008.82%
Deferred Revenue
YoY Change
Short-Term Debt	$40.85M	$7.535M	$5.063M
YoY Change	442.16%	48.83%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$142.4M	$120.0M	$34.59M
YoY Change	18.64%	247.04%
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$2.365M	$5.225M
YoY Change	-54.74%
Total Long-Term Liabilities	$2.365M	$5.225M	$0.00
YoY Change	-54.74%
Total Liabilities	$144.5M	$125.1M	$34.59M
YoY Change	15.49%	261.85%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022
Basic Shares Outstanding	60.00M shares	41.75M shares	30.00M shares
Diluted Shares Outstanding	60.00M shares	41.75M shares	30.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $235.45 Million

About Reitar Logtech Holdings Ltd

Reitar Logtech Holdings Ltd is a HK-based company operating in Real Estate Management & Development industry. The company employs 52 full-time employees The company went IPO on 2024-08-23. Reitar Logtech Holdings Ltd is a holding company mainly engaged in the provision of construction management and engineering design services. The firm is also engaged in the provision of asset management and investment. In addition, the Company is engaged in the provision of professional consultancy services in Hong Kong.

Industry: Real Estate Operators (No Developers) & Lessors Peers: