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BYT Holdings Ltd (TSE:BYT)
:BYT
Canadian Market

BYT Holdings Ltd (BYT) AI Stock Analysis

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BYT Holdings Ltd

(BYT)

41Neutral
BYT Holdings is facing several challenges, primarily driven by its declining financial performance and poor technical indicators. The company's negative valuation metrics, such as the negative P/E ratio, further reflect the difficulties in achieving profitability. The strong equity base provides some balance sheet support, but operational improvements are crucial. Given the lack of positive earnings sentiment or notable corporate events, the stock remains in a precarious position, resulting in a score on the lower end of the scale.

BYT Holdings Ltd (BYT) vs. S&P 500 (SPY)

BYT Holdings Ltd Business Overview & Revenue Model

Company DescriptionBYT Holdings Ltd., together with its subsidiaries, provides integrated engineering services in Singapore, China, and Myanmar. It offers turnkey engineering, procurement, and construction management solutions that range from consultancy and design to the realization of projects involving the construction of high technology production facilities, as well as provides waste management solutions. The company also provides architectural, civil, mechanical, electrical, instrumentation/control, and process engineering services in cleanrooms, controlled environments, and organic waste management areas. It serves clients in various industries, including semiconductors, electronics, food and beverage, artificial intelligence, big data, waste management, and oil and gas. BYT Holdings Ltd. is headquartered in Vancouver, Canada.
How the Company Makes MoneyBYT Holdings Ltd generates revenue primarily through its diverse portfolio of investments in technology, digital media, and financial services. The company earns income from dividends, interest, and capital gains on its investments, as well as service fees and subscription revenues from its operating subsidiaries. Additionally, BYT benefits from strategic partnerships and joint ventures that enhance its market position and drive further revenue opportunities. The company continuously seeks to optimize its portfolio by investing in high-growth potential businesses and leveraging its expertise to improve operational efficiencies across its holdings.

BYT Holdings Ltd Financial Statement Overview

Summary
Overall, BYT Holdings is facing significant financial challenges, with declining revenues and profitability issues impacting its income statement. While the balance sheet remains relatively strong with low leverage, negative returns and declining asset base signal caution. Cash flow improvements are a positive sign, but consistent profitability remains a crucial area for improvement. The company must address operational inefficiencies and explore growth opportunities to enhance financial stability.
Income Statement
45
Neutral
BYT Holdings' income statement indicates significant challenges. The gross profit margin for TTM (Trailing-Twelve-Months) is approximately 54.96%, showing some efficiency in cost management. However, the company is experiencing negative net profit margins, reflecting ongoing losses. Revenue has been declining, with a noticeable drop from previous years, indicating potential demand or operational issues. EBIT and EBITDA margins are negative, highlighting profitability challenges.
Balance Sheet
60
Neutral
The balance sheet shows moderate stability with a debt-to-equity ratio of approximately 0.03 in the TTM, suggesting low leverage. However, the return on equity is negative due to net losses. The equity ratio stands at about 85.14%, indicating the company has a strong equity base relative to its assets, which provides some financial cushion despite recent performance issues.
Cash Flow
50
Neutral
The cash flow statement shows mixed results. The company has managed to generate positive operating cash flow in TTM, improving from prior periods. The free cash flow growth rate is positive, reflecting some improvement. However, the operating and free cash flow to net income ratios are affected by negative net income, complicating the assessment of cash flow efficiency.
Breakdown
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
3.96M4.44M6.62M7.18M8.33M
Gross Profit
1.62M1.91M2.98M3.05M3.28M
EBIT
-1.08M-626.28K272.84K-505.68K947.20K
EBITDA
-260.55K-494.12K408.61K-384.85K945.69K
Net Income Common Stockholders
-435.01K-1.60M-1.29M-2.76M689.31K
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.83M3.49M3.81M4.59M1.70M
Total Assets
5.43M7.28M10.03M13.18M12.23M
Total Debt
821.40K2.20M2.74M3.61M4.64M
Net Debt
-1.92M-1.28M-1.07M-985.94K2.94M
Total Liabilities
2.35M3.68M4.69M5.84M7.39M
Stockholders Equity
4.19M4.76M6.61M7.45M4.92M
Cash FlowFree Cash Flow
-1.13M166.00K-82.30K-874.90K-3.50M
Operating Cash Flow
-1.13M178.77K-34.53K596.60K-560.28K
Investing Cash Flow
2.20M35.79K-1.72M520.74K-2.44M
Financing Cash Flow
-1.71M-125.10K1.18M1.85M-422.87K

BYT Holdings Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.03
Price Trends
50DMA
0.03
Positive
100DMA
0.04
Negative
200DMA
0.07
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
48.62
Neutral
STOCH
0.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BYT, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.62 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BYT.

BYT Holdings Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSQIS
70
Outperform
C$68.08M26.738.98%-0.77%981.25%
64
Neutral
$4.25B11.725.24%249.79%4.07%-9.45%
TSBYT
41
Neutral
C$1.89M-15.90%-11.69%-35.00%
TSDYA
40
Underperform
C$76.06M2492.91%258.52%-4.87%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:BYT
BYT Holdings Ltd
0.03
-0.01
-25.00%
POET
POET Technologies
4.24
2.22
109.90%
TSE:DYA
dynaCERT
0.16
0.02
14.29%
TSE:QIS
Quorum Information Technologies
0.92
0.29
46.03%
VSBGF
Vsblty Groupe Technologies
0.09
0.00
0.00%
TSE:KDA
KDA Group Inc.
0.27
-0.13
-32.50%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.