Reitar Logtech Holdings Limited
RITRF Industrials Engineering & Construction
Reitar Logtech Holdings Limited’s revenue for fiscal 2026 (year ended March 2026) was $28.3 million, down 41.7% from fiscal 2025.
Follow RITRF
Reitar Logtech Holdings Limited (RITRF) Piotroski F-score
Reitar Logtech Holdings Limited's Piotroski F-score for fiscal 2026 is 2 out of 9: 2 of nine tests of profitability, leverage and efficiency passed.
Piotroski F-score, annual
Embed this chart
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2026 | 2 | — |
How fiscal 2026’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (31.04%) | 2.74% | Fail | 0 |
| Positive operating cash flow | (9.59m) | (8.01m) | Fail | 0 |
| Rising return on assets | (31.04%) | 2.74% | Fail | 0 |
| Cash flow above net income | 9.94m | (9.03m) | Pass | 1 |
| Falling long-term leverage | 0.05 | 0.00 | Fail | 0 |
| Rising current ratio | 0.96 | 1.58 | Fail | 0 |
| No new shares issued | 61,462,000 | 61,462,000 | Pass | 1 |
| Rising gross margin | 6.99% | 15.88% | Fail | 0 |
| Rising asset turnover | 0.45 | 1.31 | Fail | 0 |
| Piotroski F-score | Weak — most fundamentals deteriorated | 2 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| FBGL FBS Global Limited compare | 4 |
| ZDAI DirectBooking Technology Co., Ltd. compare | 3 |
| OFAL OFA Group compare | 3 |
| AXNX Mint Incorporation Limited compare | 2 |
| ONEG OneConstruction Group Limited compare | 2 |
| RITRF Reitar Logtech Holdings Limited | 2 |
| RNTZ SKK Holdings Limited compare | 1 |
| MGN Megan Holdings Limited compare | — |
| MSGY Masonglory Limited compare | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover