Trio Industrial Electronics Group Limited (1710) AI Stock Analysis

• Market Cap: HK$196.00M
• Dividend Yield: 9.14%
• Average Volume (3M): 1.81M
• Price to Earnings (P/E): 9.9
• Beta (1Y): 0.21
• Revenue Growth: 4.01%
• EPS Growth: N/A
• Country: HK
• Employees: 1,310
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.01
• Shares Outstanding: 1,000,000,000
• 10 Day Avg. Volume: 1,104,000
• 30 Day Avg. Volume: 1,813,733
• PEG Ratio: -0.19
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.13
• P/FCF Ratio: 1.67
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 56 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily influenced by moderate financial performance and technical analysis, with a fair valuation providing some support. The company's financial health is stable but challenged by profitability and cash flow issues. Technical indicators suggest neutral momentum, while the valuation is attractive due to a high dividend yield.

Trio Industrial Electronics Group Limited Business Overview & Revenue Model

Company Description

Trio Industrial Electronics Group Limited (1710) is a company engaged in the design, development, and manufacturing of a wide range of industrial electronic products. The company operates primarily in sectors such as industrial automation, energy management, and telecommunications. Its core products include power electronics, control systems, and other electronic components that cater to various industrial applications.

How the Company Makes Money

Trio Industrial Electronics Group Limited makes money through the sale of its industrial electronic products to businesses and other organizations in need of advanced electronic solutions. The company's revenue streams are primarily derived from the manufacturing and distribution of power electronics and control systems. Revenue is further supported by long-term contracts and partnerships with companies in sectors like industrial automation and energy management, ensuring a consistent demand for its products. Additionally, the company's investment in research and development enhances its product offerings, potentially leading to new revenue opportunities.

Trio Industrial Electronics Group Limited Financial Statement Overview

Summary

The company exhibits moderate financial health with a stable balance sheet, but faces challenges in profitability and cash flow generation. Revenue growth is under pressure, and cash flow performance is weak, indicating a need for improved operational efficiency.

Income Statement

The company shows moderate revenue growth over the years, yet recent revenue has declined compared to the previous year. Gross and net profit margins are under pressure, indicating challenges in maintaining profitability. Historically, EBIT and EBITDA margins have fluctuated, reflecting operational inefficiencies.

Balance Sheet

The company's balance sheet is stable with a moderate debt-to-equity ratio, indicating a balanced capital structure. The equity ratio is healthy, suggesting financial stability, but there is room for improvement in leveraging assets effectively to boost profitability.

Cash Flow

Cash flow performance is weak, with a recent drop in free cash flow. The company has been unable to convert operating cash flow into free cash flow effectively. The operating cash flow to net income ratio reflects inconsistent cash generation relative to earnings.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.01B	1.16B	978.10M	744.07M	701.70M
Gross Profit	187.49M	222.72M	201.46M	133.51M	176.38M
EBITDA	19.40M	95.52M	90.01M	12.27M	65.11M
Net Income	8.56M	47.15M	45.42M	-10.58M	28.88M
Balance Sheet
Total Assets	817.69M	682.77M	723.52M	601.61M	543.72M
Cash, Cash Equivalents and Short-Term Investments	143.03M	61.21M	73.14M	69.57M	105.36M
Total Debt	172.23M	123.41M	126.90M	26.54M	34.06M
Total Liabilities	400.15M	272.04M	339.65M	256.95M	178.91M
Stockholders Equity	417.54M	410.74M	383.87M	344.67M	364.81M
Cash Flow
Free Cash Flow	79.56M	21.45M	38.73M	-20.18M	32.77M
Operating Cash Flow	113.29M	52.04M	51.73M	-3.78M	41.56M
Investing Cash Flow	-27.42M	-31.85M	-12.95M	-14.01M	-12.61M
Financing Cash Flow	-5.96M	-30.66M	-31.75M	-19.49M	-26.24M

Trio Industrial Electronics Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1710, the sentiment is Positive. The current price of 0.2 is below the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.19, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.98 is Neutral, neither overbought nor oversold. The STOCH value of 27.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1710.

Trio Industrial Electronics Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0725	74 Outperform	HK$155.19M	4.35	8.30%	6.25%	25.46%	68.29%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1750	58 Neutral	HK$82.80M	15.33	3.18%	―	5.80%	57.89%
1710	56 Neutral	HK$196.00M	9.95	5.04%	9.14%	4.01%	―
1166	54 Neutral	HK$54.61M	―	-20.57%	―	-27.26%	-60.80%
1399	53 Neutral	HK$209.28M	4.70	-2.96%	―	-11.18%	-180.05%
3919	48 Neutral	HK$36.29M	―	-2.29%	―	5.07%	-87.31%

Trio Industrial Electronics Group Limited Corporate Events

Trio Industrial Electronics Revises Consultancy Agreement with Mr. Kwan

Trio Industrial Electronics Group Limited has announced amendments to its Consultancy Agreement with Mr. Kwan, reducing his monthly consultancy fee and gratuity payments. These changes, effective from October 1, 2025, are part of a Second Supplemental Agreement and aim to adjust the financial terms of the consultancy arrangement, potentially impacting the company’s cost structure and financial planning.

Trio Industrial Electronics Sees Revenue and Profit Growth in H1 2025

Trio Industrial Electronics Group Limited reported a 4.0% increase in revenue to approximately HK$404.7 million for the first half of 2025, alongside a 12.5% rise in gross profit to HK$76.1 million. The company also reduced its loss before income tax by 40.4% to HK$16.9 million and declared an interim dividend of HK0.6 cent per share, reflecting improved financial performance and shareholder returns.

Trio Industrial Electronics Announces Interim Dividend for 2025

Trio Industrial Electronics Group Limited announced an interim cash dividend of HKD 0.006 per share for the six months ending June 30, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders, with the dividend payment scheduled for October 23, 2025. The decision to distribute an interim dividend may positively impact investor confidence and highlight the company’s stable financial performance.

Trio Industrial Electronics Schedules Board Meeting for Interim Results

Trio Industrial Electronics Group Limited has announced a board meeting scheduled for August 28, 2025, to review and approve the unaudited consolidated interim results for the first half of the year ending June 30, 2025. The meeting will also consider the recommendation of an interim dividend, which could impact the company’s financial strategy and shareholder returns.

Trio Industrial Electronics Announces Board Restructuring

Trio Industrial Electronics Group Limited has announced changes to its board of directors, effective from August 1, 2025. The new board structure includes a mix of executive, non-executive, and independent non-executive directors, with specific roles assigned across four key committees: Audit, Remuneration, Nomination, and Risk Management. This restructuring is expected to enhance the company’s governance and strategic decision-making processes, potentially impacting its operational efficiency and stakeholder confidence.

Trio Industrial Electronics Announces Executive Changes and Consultancy Agreement

Trio Industrial Electronics Group Limited announced key changes in its executive leadership, with Mr. Tai resigning as an executive director and authorized representative, and Mr. Leung being appointed as the new executive director effective August 1, 2025. Additionally, the company entered into a consultancy agreement with Mr. Tai, marking a continuing connected transaction under the Listing Rules. These changes are expected to influence the company’s strategic direction and operational management, potentially impacting its market positioning and stakeholder relationships.

Trio Industrial Electronics Announces Board Restructuring

Trio Industrial Electronics Group Limited has announced changes to its board of directors effective from July 31, 2025. The announcement details the roles and functions of the board members, including the appointment of Wong Sze Chai as the Chairman and Executive Director, and the composition of various board committees. These changes are expected to influence the company’s governance and strategic direction.