1. Hong Kong Stocks

  2. •

    Electronic technology

  3. •

    Electronic production equipment
Trio Industrial Electronics Group Limited

Trio Industrial Electronics Group Limited

HHKEX:1710
1.28
HKD
-0.01
(-1.16%)
243.00MMarket Cap
Trio Industrial Electronics Group Limited
HKEX:1710
(Hong Kong Exchange)

Recent

price

1.28

P/E

ratio

- -

div

yld

- -

ROIC.AI

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

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
Similar Companies
Bloom Energy Corporation (NYSE:BE)
AXT Inc (NASDAQ:AXTI)
Vertiv Holdings, LLC (NYSE:VRT)
Aehr Test Systems (NASDAQ:AEHR)
Teradyne, Inc. (NASDAQ:TER)
Dixon Technologies (India) Ltd. (NSE:DIXON)
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.