Trio Industrial Electronics Group Limited

Trio Industrial Electronics Group Limited

HHKEX:1710
1.30
HKD
-0.02
(-1.89%)
243.00MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.52
0.66
0.99
1.01
0.89
0.81
0.7
0.74
0.98
1.16
1.01
0.78
- -
Basic EPS, GAAP
0.02
0.03
0.1
0.09
0.04
0.02
0.03
-0.01
0.05
0.05
0.01
-0.04
- -
Free Cash Flow per Basic Share
- -
0.04
0.07
0.06
0.05
-0.04
0.03
-0.02
0.04
0.02
0.08
- -
- -
Dividend per Share
0.02
0.01
0.07
0.04
0.03
0.03
0.02
0.01
0.01
0.02
- -
0.02
- -
Book Value per Share
0.11
0.12
0.15
0.33
0.35
0.35
0.36
0.34
0.38
0.41
0.42
0.37
0.37
Tangible Book Value per Share
0.11
0.12
0.15
0.33
0.35
0.35
0.36
0.34
0.38
0.41
0.42
0.37
0.37
Basic Weighted Avg Shares
1,000
1,000
750
777
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Sales/Revenue/Turnover
517
658
745
788
886
809
702
744
978
1,160
1,008
775
- -
Operating Margin (%)
9.81
8.08
13.77
12.58
6.53
4.39
6.48
-1.15
6.28
5.29
0.59
-3.9
- -
Depreciation Expense
9
12
13
10
10
18
20
21
23
27
31
31
- -
Net Income, GAAP
22
30
75
70
42
22
29
-11
45
47
9
-35
- -
Effective Tax Rate (%)
23.24
30
22.7
19.67
14.63
8.04
23.38
- -
18.72
17.92
- -
- -
- -
Profit Margin (%)
4.23
4.52
10.1
8.88
4.78
2.76
4.12
-1.42
4.64
4.06
0.85
-4.57
- -
Working Capital
64
72
108
288
298
282
292
265
306
330
317
284
284
LT Debt
- -
- -
- -
- -
- -
16
16
9
97
96
140
109
109
Total Equity
108
125
155
333
352
352
365
345
384
411
418
367
367
Return on Invested Capital (%)
- -
24.27
47.27
28.2
14.2
8.62
8.53
- -
12.04
10.47
- -
- -
- -
Return on Capital (%)
- -
22.83
48.04
27.54
13.11
7.56
7.85
- -
11.3
10.01
- -
- -
- -
Return on Common Equity (%)
- -
25.56
53.82
28.73
12.38
6.35
8.05
-2.98
12.47
11.87
2.07
-9.03
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
32
55
35
LT Borrowings
- -
- -
- -
LT Finance Leases
140
111
109
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,000
1,000
1,000
Market Capitalization
134
142
243

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
574
558
455
Cash, Cash Equivalents & STI
143
90
116
Accounts Receivable, Net
249
245
123
Inventories
140
185
172
Total Current Liabilities
257
256
171
Payables & Accruals
- -
- -
- -
ST Debt
32
55
35
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.07%
0.49%
-12.07%
Free Cash Flow
-65.13%
-64.27%
-98.61%
Net Income, GAAP
-116.93%
-251.53%
-513.86%
Sales/Revenue/Turnover
2.94%
3.98%
-23.05%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,160
2024
- -
- -
1,008
2025
- -
- -
775

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
0.01
2025
- -
- -
-0.04

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.02
2024
- -
- -
- -
2025
- -
- -
0.02

Company Description

CEO
Sze Chai Wong
Full Time Employees
1,130
Sector
Electronic technology
Industry
Electronic production equipment
Address
Block J, Kaiser Estate Hong Kong Hong Kong
IPO Date
Nov 23, 2017
Business
Trio Industrial Electronics Group Limited (1710.HK) is an investment holding company and leading electronics manufacturing services (EMS) provider specializing in the design, development, manufacture, and sale of customized industrial electronic components and products. Founded in 1983 and headquartered at Block J, 5/F, Kaiser Estate Phase II, 51 Man Yue Street, Hung Hom, Kowloon, Hong Kong, the company operates production facilities in the People's Republic of China, Thailand, and the Republic of Ireland, with offices in Hong Kong and Ireland, serving customers in Europe, North America, Southeast Asia, China, and other international markets. Its core products and services include electro-mechanical products; switch-mode power supplies; smart chargers; smart vending systems (SVS or kiosks); automatic testing equipment; power switchgear boards; and catering equipment control boards, with applications across renewable energy facilities, telecommunication equipment, commercial freight vehicles, medical and healthcare devices, security and access systems, and gaming, leisure, and entertainment kiosks; the company also provides engineering and contract manufacturing services, information technology services, global sourcing and procurement of materials, sales and marketing support, and electric vehicle (EV) charging solutions including chargers under the Deltrix brand. Trio Industrial Electronics Group Limited, a subsidiary of Trio Industrial Electronics Holding Limited, integrates smart manufacturing technologies and holds Industry 4.0 maturity certification at level 1i, positioning it as a trusted partner for global brands primarily in Europe and North America. Recent developments include significant expansion in the overseas new energy sector, highlighted by a October 2025 memorandum of understanding and cooperation agreement signed by its wholly-owned subsidiary Trio New Energy (Guangzhou) Co., Ltd. with SAHI Strategic Alliance Holding, Inc. and Bayambang City in Pangasinan Province, Philippines, for electric motorcycle battery swapping projects targeting 6,000 units in the first year, scaling to 30,000 over three years and ultimately 200,000 in surrounding regions; the company showcased its advancements at Electronica 2024 in November 2024; and it continues strategic growth in EV charging, battery swapping cabinets, energy storage products, and intelligent management systems amid rising ESG and decarbonization demands.