CLWTNasdaqWholesale-Professional & Commercial Equipment & SuppliesFiscal year ends December 31
EURO TECH HOLDINGS CO LTD
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 30, 2026
$1.41−0.04 (-2.76%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 70.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
27.7%+0.1 pts over 5 years
Operating margin
-1.8%+0.3 pts over 5 years
Net margin
1.3%−4.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -13.8% | -3.9% | -0.1% | -3.2% | |
| Gross profit | -17.5% | -7.3% | -0.1% | -1.0% | |
| Net income | -80.2% | -32.3% | -26.3% | – | |
| EPS, diluted | -80.0% | -26.3% | -27.5% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 1.5% | 5.4% | 1.1% | |
| Return on assets | 1.0% | 3.6% | 0.8% | |
| Current ratio | 1.48 | 1.89 | 2.01 | |
| Inventory turnover | 38.9× | 20.8× | 22.7× | |
| Capex to revenue | 0.3% | 0.1% | 0.1% | |
| Diluted shares | 2M | 7.73B | 8M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Euro Tech Holdings generated $4.94M from operations and spent $2.48M on capital expenditure, dividends and share buybacks. 1% of that went back into the business.
Generated
$4.94M
Used
$2.48M
Capital expenditure$28.00K1%Dividends$2.11M85%Share buybacks$340.00K14%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.3%
×Asset turnover0.63×
×Equity multiplier1.34×
=Return on equity, FY20251.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 1.3% | 0.63× | 1.34× | 1.1% |
| FY2024 | 5.5% | 0.72× | 1.36× | 5.4% |
| FY2023 | 9.2% | 0.86× | 1.41× | 11.2% |
| FY2022 | 3.6% | 0.74× | 1.47× | 3.9% |
| FY2021 | 4.6% | 1.03× | 1.49× | 7.1% |
| FY2020 | 5.8% | 0.63× | 1.49× | 5.4% |
| FY2019 | -0.8% | 0.77× | 1.56× | -1.0% |
| FY2018 | 0.4% | 0.86× | 1.53× | 0.6% |
| FY2017 | 2.7% | 0.74× | 1.49× | 3.0% |
| FY2016 | 1.0% | 1.01× | 1.45× | 1.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$167.00K
- Cash generatingOperating cash flow above zero-$1.42M
- Return on assets improvedROA up on the prior year3.8% → 0.8%
- Earnings backed by cashOperating cash flow above net income-$1.42M vs $167.00K
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.30 → 2.01
- No dilutionShare count did not rise8M → 8M
- Gross margin improvedGross margin up on the prior year28.95% → 27.70%
- More efficientAsset turnover rose0.70 → 0.64