Town Ray Holdings Limited

Town Ray Holdings Limited

HHKEX:1692
1.20
HKD
+0.10
(+9.09%)
983.66MMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.9
0.9
0.93
1.6
1.43
2.13
2.29
1.96
1.96
- -
Basic EPS, GAAP
0.06
0.12
0.1
0.19
0.28
0.3
0.37
0.34
0.3
- -
Free Cash Flow per Basic Share
0.12
-0.01
0.21
0.31
0.26
-0.06
0.41
0.51
-0.06
- -
Dividend per Share
- -
0.13
0.08
- -
0.2
0.24
0.27
0.34
0.26
- -
Book Value per Share
0.63
0.68
0.34
0.77
0.86
0.93
0.97
0.96
0.99
0.99
Tangible Book Value per Share
0.63
0.68
0.34
0.77
0.86
0.93
0.97
0.96
0.99
0.99
Basic Weighted Avg Shares
400
400
400
319
378
359
359
359
359
359
Sales/Revenue/Turnover
361
359
373
510
542
763
824
704
704
- -
Operating Margin (%)
10.69
8.96
10.57
16.26
21.07
16.08
19.24
19.07
16.82
- -
Depreciation Expense
22
18
17
20
21
26
28
29
31
- -
Net Income, GAAP
23
49
38
61
104
107
134
122
108
- -
Effective Tax Rate (%)
32.57
16.18
17.18
24.81
15.11
15.38
16.59
16.73
17.49
- -
Profit Margin (%)
6.36
13.79
10.19
11.92
19.23
13.96
16.31
17.35
15.29
- -
Working Capital
84
104
89
265
256
253
200
195
171
171
LT Debt
- -
- -
18
11
- -
22
12
- -
32
32
Total Equity
250
272
136
307
309
332
350
345
355
355
Return on Invested Capital (%)
- -
17.41
11.9
20.86
25.93
25.47
30.53
28.03
22.94
- -
Return on Capital (%)
- -
17.08
14.65
21.6
28.79
26.52
32.08
31.53
26.67
- -
Return on Common Equity (%)
- -
18.95
18.63
27.45
33.85
33.22
39.38
35.19
30.76
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
34
33
56
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
32
32
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
359
359
359
Market Capitalization
1,113
937
984

Working Capital

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
324
436
336
Cash, Cash Equivalents & STI
188
157
76
Accounts Receivable, Net
67
136
136
Inventories
60
115
100
Total Current Liabilities
129
276
166
Payables & Accruals
- -
- -
- -
ST Debt
34
33
56
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.03%
3.01%
Free Cash Flow
- -
-193.14%
-112.09%
Net Income, GAAP
- -
15.74%
-11.94%
Sales/Revenue/Turnover
- -
8.08%
-0.12%
Total Cash Common Dividend
- -
- -
-23.91%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
824
2023
- -
- -
704
2024
- -
- -
704

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
0.37
2023
- -
- -
0.34
2024
- -
- -
0.3

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2022
- -
- -
0.27
2023
- -
- -
0.34
2024
- -
- -
0.26

Company Description

CEO
Wai Ming Chan
Full Time Employees
1,011
Sector
Consumer durables
Industry
Electronics/Appliances
Address
Reason Group Tower Hong Kong ZJ Hong Kong
IPO Date
Oct 25, 2019
Business
Town Ray Holdings Limited engages primarily in the manufacturing and sale of high-end promotional gifts and daily general gifts products. Its core product lines include premium pens, office supplies, writing instruments, watches, and other gift items, marketed mainly under proprietary brands. The company operates in Hong Kong and China, serving corporate clients and enterprises requiring promotional gifts and branded merchandise. Founded in 1995 and headquartered in Hong Kong, Town Ray Holdings Limited maintains a strong presence in the promotional gifts industry with an emphasis on quality and brand reputation. Recent developments within the last two years include strategic business expansions focusing on broadening its product offerings and enhancing manufacturing capabilities to meet growing demand. The company has also actively pursued partnerships and collaborations to strengthen its distribution networks across Asia. Town Ray's business segments include design, manufacture, and distribution of promotional products and daily gifts with a focus on corporate clients. Its product categories encompass luxury and mid-range promotional pens and writing tools; office accessories; watches designed for corporate gifting; and customized merchandise solutions. The company’s operations primarily span Hong Kong, mainland China, and selected international markets. Town Ray Holdings Limited remains committed to innovation in product design and maintaining a competitive edge in quality, branding, and timely delivery to corporate customers. This comprehensive product and service approach positions Town Ray as a key player in the Asian promotional gifts market.