RITRFOTCReal Estate Operators (No Developers) & LessorsFiscal year ends March 31
Reitar Logtech Holdings Ltd
Financials through fiscal 2026, year ended Mar 31, 2026Last filing: 20-F on Aug 17, 2026
$0.02−0.00 (-12.50%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2021 to 2026
Gross margin
7.0%
Operating margin
-49.0%
Net margin
-68.9%
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -41.3% | +38.0% | – | – | |
| Gross profit | -74.2% | -14.0% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2021 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -128.6% | |
| Return on assets | – | – | -31.1% | |
| Current ratio | – | – | 0.96 | |
| Interest coverage | – | – | -12.5× | |
| Capex to revenue | – | – | 1.2% | |
| Diluted shares | – | – | 61M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Reitar Logtech generated 208.97M HKD from operations and spent 18.42M HKD on capital expenditure, dividends and share buybacks. 42% of that went back into the business.
Generated
208.97M HKD
Used
18.42M HKD
Capital expenditure7.72M HKD42%Dividends10.70M HKD58%Share buybacks0 HKD0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-68.9%
×Asset turnover0.45×
×Equity multiplier4.13×
=Return on equity, FY2026-128.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -68.9% | 0.45× | 4.13× | -128.6% |
| FY2025 | 2.1% | 1.31× | 2.21× | 6.0% |
| FY2024 | 7.8% | 1.13× | 2.53× | 22.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
2of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-153.07M HKD
- Cash generatingOperating cash flow above zero-75.17M HKD
- Return on assets improvedROA up on the prior year3.2% → -45.9%
- Earnings backed by cashOperating cash flow above net income-75.17M HKD vs -153.07M HKD
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.58 → 0.96
- No dilutionShare count did not rise61M → 61M
- Gross margin improvedGross margin up on the prior year15.88% → 6.99%
- More efficientAsset turnover rose1.56 → 0.67