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Waton Financial Limited Ordinary Shares (WTF) 10-Year Financial Performance & Capital Metrics

WTF • • Banking & Credit
Financial ServicesAsset ManagementWealth Management & Financial AdvisoryIndependent Advisory Platforms
AboutWaton Financial Limited provides securities brokerage and financial technology services. The company offers securities brokerage services for securities listed on the Hong Kong Stock Exchange, including shares under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, the New York Stock Exchange, and the Nasdaq Stock Market; margin financing services; and other ancillary services through electronic trading platform to its corporate and individual brokerage customers, as well as bond distribution services. It also provides software licensing and related support services, including the licensing of trading platform APP, upgrades and enhancements, maintenance, and other related services to financial institutions; and integrated and customizable software solutions to develop trading platform APP that cover the front-, middle-, and back-office operations of securities brokerage business, such as electronic trade order placing, customer relationship management and operational data management, and securities order clearing and settlement services that enables the securities broker customers to digitalize and streamline their business operations, and interact with the financial market. The company was formerly known as IAM Group Inc. and changed its name to Waton Financial Limited in July 2023. Waton Financial Limited was founded in 1989 and is based in Kowloon City, Hong Kong. Waton Financial Limited is a subsidiary of Waton Corporation Limited.Show more
  • Net Interest Income -$290K -83.0%
  • Total Revenue $7M -25.9%
  • Net Income -$12M -579.4%
  • Return on Equity -101.81% -607.7%
  • Net Interest Margin -0.94% -94.7%
  • Efficiency Ratio 183.33% +385.2%
  • ROA -37.75% -655.3%
  • Equity / Assets 41.56% +26.4%
  • Book Value per Share -
  • Tangible BV/Share -
  • Debt/Equity 0.04 -84.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Well capitalized: 41.6% equity/assets
  • ✓Share count reduced 100.0% through buybacks
  • ✓Diversified revenue: 100.0% from non-interest income

✗Weaknesses

  • ✗Weak NIM of -0.9%
  • ✗High cost structure: 183.3% efficiency ratio
  • ✗Weak momentum: RS Rating 7 (bottom 7%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y208.84%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-55.1%
5Y Avg-55.1%
3Y Avg-8.19%
Latest-88.65%

Peer Comparison

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Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
GRANGrande Group Limited Class A Ordinary Shares90.57M4.5528.44-4.2%37.32%96.27%0.72%0.08
NEWTNewtekOne, Inc.421.47M14.597.4426.12%15.95%15.33%2.41
BCGBinah Capital Group, Inc.40.01M2.41-7.532.83%-3.22%5.77%23.41
EFTYETOILES CAPITAL GROUP CO., LTD226.95M15.0233.75%95.98%0.68%0.06
WTFWaton Financial Limited Ordinary Shares172.21M3.57-25.93%-160.68%-101.81%0.2%0.04
FOFOHang Feng Technology Innovation Co., Ltd. Ordinary Shares43.91M6.3916.02%30.05%96.1%3.01%

Profit & Loss

Mar 2022Mar 2023Mar 2024Mar 2025
Net Interest Income+-4.93K-18.04K-158.44K-289.94K
NII Growth %--2.66%-7.78%-0.83%
Net Interest Margin %----
Interest Income0000
Interest Expense4.93K18.04K158.44K289.94K
Loan Loss Provision56.74K1.37M3.15M4.15M
Non-Interest Income+252.82K5.74M10.06M7.45M
Non-Interest Income %----
Total Revenue+252.82K5.74M10.06M7.45M
Revenue Growth %-21.7%0.75%-0.26%
Non-Interest Expense1.83M1.28M3.8M13.65M
Efficiency Ratio----
Operating Income+-1.64M3.07M2.94M-10.65M
Operating Margin %----
Operating Income Growth %-2.87%-0.04%-4.62%
Pretax Income+-1.63M3.8M2.94M-11.81M
Pretax Margin %----
Income Tax+-135.62K714.86K439.93K153.43K
Effective Tax Rate %----
Net Income+-1.5M3.08M2.5M-11.97M
Net Margin %----
Net Income Growth %-3.06%-0.19%-5.79%
Net Income (Continuing)-1.5M3.08M2.5M-11.97M
EPS (Diluted)+-0.030.060.050.00
EPS Growth %-3.05%-0.19%-1%
EPS (Basic)-0.030.060.050.00
Diluted Shares Outstanding47.58M47.58M47.58M0

Balance Sheet

Mar 2022Mar 2023Mar 2024Mar 2025
Cash & Short Term Investments+1000K1000K1000K1000K
Cash & Due from Banks1.73M19.09M4.95M7.72M
Short Term Investments0000
Total Investments+004.24M3.07M
Investments Growth %----0.28%
Long-Term Investments004.24M3.07M
Accounts Receivables81.45K1000K1000K1000K
Goodwill & Intangibles+----
Goodwill0000
Intangible Assets0000
PP&E (Net)114.03K23.99K1.19M590.31K
Other Assets58.02K178.8K1.26M1.73M
Total Current Assets4.31M39.98M25.84M25.34M
Total Non-Current Assets1.48M793.63K6.84M5.39M
Total Assets+5.79M40.77M32.68M30.72M
Asset Growth %-6.04%-0.2%-0.06%
Return on Assets (ROA)-0.26%0.13%0.07%-0.38%
Accounts Payable2.41M14.62M15.4M7.58M
Total Debt+2.41M5.29M2.86M525.36K
Net Debt680.23K-13.81M-2.09M-7.19M
Long-Term Debt0000
Short-Term Debt2.3M5.28M1.83M31.68K
Other Liabilities0000
Total Current Liabilities4.96M26.61M21.45M17.93M
Total Non-Current Liabilities18.39K0490.78K30.56K
Total Liabilities4.98M26.61M21.94M17.96M
Total Equity+816.84K14.16M10.74M12.77M
Equity Growth %-16.33%-0.24%0.19%
Equity / Assets (Capital Ratio)----
Return on Equity (ROE)-1.83%0.41%0.2%-1.02%
Book Value per Share0.020.300.23-
Tangible BV per Share----
Common Stock1.95K12.83M6.83K0
Additional Paid-in Capital3.53M1.08M7.9M21.82M
Retained Earnings-3.9M363.81K2.86M-9.11M
Accumulated OCI1.19M-111.86K-26.31K57.16K
Treasury Stock0000
Preferred Stock0000

Cash Flow

Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operations+750.91K11.97M-1.85M359.96K
Operating CF Growth %-14.94%-1.15%1.19%
Net Income-1.5M3.08M2.5M-11.97M
Depreciation & Amortization4.5K94.89K436.53K656.51K
Deferred Taxes-135.62K714.86K439.93K153.43K
Other Non-Cash Items78.5K001.2M
Working Capital Changes1.6M7.7M-5.22M1.53M
Cash from Investing+-5.36K-4.98K-8.21M-13.74K
Purchase of Investments00-7.5M0
Sale/Maturity of Investments0000
Net Investment Activity----
Acquisitions0000
Other Investing00-445.89K0
Cash from Financing+1.05M12.98M-8.3M2.76M
Dividends Paid0000
Share Repurchases00-6M0
Stock Issued010M05.12M
Net Stock Activity----
Debt Issuance (Net)1000K1000K-1000K-1000K
Other Financing00-797.17K-562.59K
Net Change in Cash+1.78M24.81M-18.21M3.25M
Exchange Rate Effect-11.83K-131.45K149K145.79K
Cash at Beginning2.27M4.05M28.86M10.65M
Cash at End4.05M28.86M10.65M13.9M
Interest Paid24.09K18.04K158.44K0
Income Taxes Paid0000
Free Cash Flow+745.56K11.96M-2.11M346.22K
FCF Growth %-15.05%-1.18%1.16%

Banking Ratios

Metric2021202220232024
Return on Equity (ROE)-183.31%41.14%20.05%-101.81%
Return on Assets (ROA)-25.85%13.23%6.8%-37.75%
Net Interest Margin-0.09%-0.04%-0.48%-0.94%
Efficiency Ratio722.64%22.35%37.78%183.33%
Equity / Assets14.1%34.73%32.87%41.56%
Book Value / Share0.020.30.23-
NII Growth--266.24%-778.23%-83%

Frequently Asked Questions

Growth & Financials

Waton Financial Limited Ordinary Shares (WTF) saw revenue decline by 25.9% over the past year.

Waton Financial Limited Ordinary Shares (WTF) reported a net loss of $12.0M for fiscal year 2024.

Dividend & Returns

Waton Financial Limited Ordinary Shares (WTF) has a return on equity (ROE) of -101.8%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Waton Financial Limited Ordinary Shares (WTF) has a net interest margin (NIM) of -0.9%. NIM has been under pressure due to interest rate environment.

Waton Financial Limited Ordinary Shares (WTF) has an efficiency ratio of 183.3%. This is higher than peers, suggesting room for cost optimization.

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