GoAI
Get started
Town Ray Holdings Limited logo

Town Ray Holdings Limited

1692.HK

HKSEConsumer CyclicalFurnishings, Fixtures & Appliances

Open in GoAI

Latest quote

HK$1.25

−HK$0.05 · -3.85%

Aug 21, 10:38 AM HKT

1692.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Town Ray Holdings Limited, operating through its subsidiaries, specializes in the production and global distribution of electrically powered household appliances. Its market reach extends across Europe, Asia, the United States, and various other international regions. The company's diverse product range includes garment care items such as steam generator irons, garment steamers, and conventional steam irons. They also supply a variety of cooking appliances, encompassing coffee machines, steam cookers, and other kitchen-related devices. Furthermore, their offerings comprise consumer electronics, cleaning solutions, and air purification systems. Established in 2005, the firm maintains its primary operational base in Kwun Tong, Hong Kong, and functions as a subordinate entity of Modern Expression Limited.

Industry
Furnishings, Fixtures & Appliances
Sector
Consumer Cyclical
Headquarters
HK
CEO
Wai Ming Chan
Listed since
Oct 25, 2019
Employees
1,011

Market position

Day range

Current HK$1.25

52-week range

Current HK$1.25

Open
HK$1.30
Previous close
HK$1.30
Volume
20K
0.61× average
Average volume
32.98K
Average daily volume
Market cap
448.75M HKD
Beta
0.03
Market reference 1
50-day average
HK$1.3824
-9.58% below average
200-day average
HK$1.6198
-22.83% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
591.06M HKD
P/E (TTM)
9.43×
P/B (TTM)
1.32×
P/S (TTM)
0.88×
EV / EBITDA
6.91×
Earnings yield
9.85%
Free cash flow yield
21.48%
Dividend yield
11.60%

Profitability & efficiency

Gross margin
27.26%
Operating margin
10.60%
Net margin
9.34%
Return on equity
18.43%
Return on assets
12.10%
Return on invested capital
14.19%

Financial health

Debt / equity
0.17×
Current ratio
1.97×
Altman Z-score
5.81
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends37%27%17%7%Gross margin, FY2021: 28.46%Gross margin, FY2022: 31.09%Gross margin, FY2023: 34.83%Gross margin, FY2024: 32.94%Gross margin, FY2025: 26.64%Operating margin, FY2021: 16.01%Operating margin, FY2022: 18.76%Operating margin, FY2023: 19.05%Operating margin, FY2024: 16.68%Operating margin, FY2025: 10.21%Net margin, FY2021: 13.96%Net margin, FY2022: 16.31%Net margin, FY2023: 17.35%Net margin, FY2024: 15.29%Net margin, FY2025: 9.30%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 28.46%. Gross margin FY2022 31.09%. Gross margin FY2023 34.83%. Gross margin FY2024 32.94%. Gross margin FY2025 26.64%. Operating margin FY2021 16.01%. Operating margin FY2022 18.76%. Operating margin FY2023 19.05%. Operating margin FY2024 16.68%. Operating margin FY2025 10.21%. Net margin FY2021 13.96%. Net margin FY2022 16.31%. Net margin FY2023 17.35%. Net margin FY2024 15.29%. Net margin FY2025 9.30%.

Income trends

Revenue

672.65M HKD-4.40%

Operating income

68.69M HKD-41.46%

Net income

62.58M HKD-41.84%
Income trends across reported periods899.77M HKD595.34M HKD290.91M HKD−13.52M HKDRevenue, FY2021: 763.09M HKDRevenue, FY2022: 823.66M HKDRevenue, FY2023: 704.42M HKDRevenue, FY2024: 703.59M HKDRevenue, FY2025: 672.65M HKDOperating income, FY2021: 122.18M HKDOperating income, FY2022: 154.56M HKDOperating income, FY2023: 134.2M HKDOperating income, FY2024: 117.33M HKDOperating income, FY2025: 68.69M HKDNet income, FY2021: 106.5M HKDNet income, FY2022: 134.31M HKDNet income, FY2023: 122.21M HKDNet income, FY2024: 107.61M HKDNet income, FY2025: 62.58M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 763.09M HKD. Revenue FY2022 823.66M HKD. Revenue FY2023 704.42M HKD. Revenue FY2024 703.59M HKD. Revenue FY2025 672.65M HKD. Operating income FY2021 122.18M HKD. Operating income FY2022 154.56M HKD. Operating income FY2023 134.2M HKD. Operating income FY2024 117.33M HKD. Operating income FY2025 68.69M HKD. Net income FY2021 106.5M HKD. Net income FY2022 134.31M HKD. Net income FY2023 122.21M HKD. Net income FY2024 107.61M HKD. Net income FY2025 62.58M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue672.65M HKD703.59M HKD704.42M HKD823.66M HKD763.09M HKD
Cost of goods sold493.48M HKD471.84M HKD459.04M HKD567.59M HKD545.92M HKD
Gross profit179.16M HKD231.75M HKD245.38M HKD256.07M HKD217.16M HKD
Selling, general, and administrative110.48M HKD114.42M HKD111.18M HKD106.88M HKD99.16M HKD
Operating expenses110.48M HKD114.42M HKD111.18M HKD101.52M HKD94.98M HKD
Interest income2.2M HKD4.74M HKD6.13M HKD877K HKD1.24M HKD
Interest expense2.96M HKD2.31M HKD2.59M HKD3.97M HKD840K HKD
Depreciation and amortization15.17M HKD31.04M HKD28.74M HKD27.92M HKD25.85M HKD
Operating income68.69M HKD117.33M HKD134.2M HKD154.56M HKD122.18M HKD
Net income62.58M HKD107.61M HKD122.21M HKD134.31M HKD106.5M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.16

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.280.220.150.08Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.109, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.188, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 12, 2022: actual 0.171, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 17, 2023: actual 0.204, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 24, 2023: actual 0.243, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 18, 2024: actual 0.097, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual 0.135, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 17, 2025: actual 0.165, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates481.57M414.88M348.2M281.52MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 300.04M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 463.04M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 12, 2022: actual 417.09M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 17, 2023: actual 406.57M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 24, 2023: actual 396.55M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 18, 2024: actual 307.87M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual 301.93M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 17, 2025: actual 401.66M HKD, estimate —, surprise —, Comparison unavailable.

1692.HK peers

Alibaba Group Holding Limited logo

9988.HK

Alibaba Group Holding Limited

HK$112.5

-8.54%

Alibaba Group Holding Limited logo

89988.HK

Alibaba Group Holding Limited

CN¥96.05

-8.96%

Fast Retailing Co., Ltd. logo

6288.HK

Fast Retailing Co., Ltd.

HK$38.30

+2.96%

BYD Company Limited Class H logo

81211.HK

BYD Company Limited Class H

CN¥79.60

-0.50%

BYD Company Limited logo

1211.HK

BYD Company Limited

HK$92.80

-0.38%

Midea Group logo

0300.HK

Midea Group

HK$98.35

+1.50%

Continue in GoAI

Research 1692.HK

research.disclaimer