Transtech Optelecom Science Holdings Limited
9963.HK
Hong Kong Stock Exchange7.08
HKD
+0.22
- -
Transtech Optelecom Science Holdings Limited
9963.HK
(Hong Kong Stock Exchange)
Recent
price
7.08
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Transtech Optelecom Science Holdings Limited (9963.HK) is an investment holding company principally engaged in the manufacturing and sale of optical fibers, optical fiber cables, optical cable cores and other related products; its offerings include standard optical fibers for telecommunication, medical, military, aerospace and various other applications, as well as specialized optical fiber cables such as anti-rodent, flame-retardant and non-metallic variants, optical fiber coloring, secondary coating, stranded cabling and related testing services. The company operates through two main segments, namely optical fiber cables and optical cable cores, and optical fibers and other related products, with production facilities located in Hong Kong through its subsidiary Transtech Optical Communication Company Limited (established in 2003 in Tai Po, New Territories) and in Thailand through Futong Group Communication Technology (Thailand) Company Limited (established in 2010 in the Thai-Chinese Rayong Industrial Zone); it serves customers including major telecommunications operators in the People's Republic of China and maintains sales presence in regions such as Germany, Indonesia, Myanmar, Malaysia, the Philippines, Seychelles, the United Kingdom, Laos and Greece. Founded in 2016 and headquartered at No. 3 Dai Kwai Street, Tai Po Industrial Estate, Hong Kong, the company listed on the GEM board of The Stock Exchange of Hong Kong Limited on July 20, 2017, and transferred to the Main Board on November 5, 2020; it is a subsidiary of Hong Kong Futong Optical Fiber Company Limited. In recent developments, the group reported revenue of HK$174.2 million for the year ended December 31, 2023, down from HK$232.8 million in 2022 amid overproduction and declining capital expenditure on optical fiber and cables in China, prompting Transtech to halt production for four months and sell approximately 94% of its output to its Thailand subsidiary as part of a shift to a vertical integration model for raw material stabilization; additionally, it renewed key premises and license agreements, including a one-year extension on July 4, 2024, to June 30, 2025, and eliminated capital commitments previously at HK$9.8 million as of 2022. The company continues to pursue industry consolidation opportunities in the optical fiber and cable supply chain to capitalize on 5G and gigabit network infrastructure demand while enhancing raw material cost controls and competitiveness.