Trigiant Group Ltd. (1300) AI Stock Analysis

• Market Cap: HK$539.85M
• Dividend Yield: N/A
• Average Volume (3M): 383.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.40
• Revenue Growth: 6.88%
• EPS Growth: -49.48%
• Country: HK
• Employees: 684
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): 0.01
• Shares Outstanding: 1,770,000,000
• 10 Day Avg. Volume: 438,000
• 30 Day Avg. Volume: 383,266
• PEG Ratio: 0.98
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.20
• P/FCF Ratio: 1.09
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: HK$0.50 ▲(56.25% Upside)

Trigiant Group Ltd. faces significant financial challenges with declining revenue and profitability, impacting its overall score. Technical indicators suggest neutral momentum, but valuation concerns due to negative earnings and lack of dividends further weigh down the score. The absence of earnings call and corporate events data limits additional insights.

Positive Factors

Market Reach

By catering to both domestic and international markets, Trigiant Group diversifies its revenue sources and reduces dependency on a single market, enhancing its resilience against regional economic fluctuations.

Innovation Focus

A strong focus on innovation allows Trigiant Group to continually introduce new products, keeping pace with industry demands and maintaining its competitive edge in the telecommunications sector.

Strategic Partnerships

Collaborating with technology providers and telecom companies expands Trigiant's market reach and opens opportunities for joint projects, potentially boosting revenue and market position.

Negative Factors

Declining Revenue

A consistent decline in revenue indicates challenges in maintaining sales growth, which could impact long-term financial health and market competitiveness.

Profitability Challenges

Ongoing negative net income suggests persistent profitability issues, which can hinder reinvestment in business growth and innovation, affecting future prospects.

Cash Flow Volatility

Inconsistent cash flow and zero operating cash flow in 2024 raise concerns about Trigiant's ability to fund operations and invest in growth, potentially affecting financial stability.

Trigiant Group Ltd. Business Overview & Revenue Model

Company Description

Trigiant Group Limited, an investment holding company, manufactures and sells feeder cables, optical fiber cables and related products, flame-retardant flexible cables, electronic components, and others for mobile communications and telecommunication equipment in the People's Republic of China. The company's Feeder Cable Series segment offers cables used in transmitting and receiving radio signals, as well as components for telecommunications transmission equipment; and leaky cables primarily used for wireless mobile communications, remote control, and alarm systems for transmitting radio frequency signals, as well as sending and receiving antenna data for areas of weak signal coverage, such as subways, tunnels, underground passages, and interiors of buildings. Its Optical Fibre Cable Series and Related Products segment provides cables for use in long haul telecommunication transmission in fixed and wireless telecommunications networks. The company's Flame-Retardant Flexible Cable Series segment offers cables that are used as internal connection cables for power systems, mobile cable transmission and distribution systems, and communications switch systems requiring uninterrupted power. Its New-Type Electronic Components segment provides sensing products, optical splitters, jumpers for connection of wireless antennas with feeder cables and various communications equipment, connectors for connection of radio frequency circuits to radio equipment and electronic devices, and antenna lightning arresters installed between a high frequency device and a feeder cable. The company's Others segment provides couplers, combiners, feeder wall plates, adjustable stands, waterproof clay, insulating tape, cable ties, and feeder hoisting grips. It exports its products to Brazil, India, Russia, the Middle East, South East Asia, etc. The company was founded in 2007 and is headquartered in Yixing, the People's Republic of China.

How the Company Makes Money

Trigiant Group Ltd. generates revenue through multiple channels, primarily by selling its telecommunications equipment and solutions to a diverse client base, including telecom operators and enterprise customers. The company's revenue model is built on direct sales, where it markets its products through both its own sales teams and third-party distributors. Additionally, Trigiant may engage in service contracts that provide ongoing support and maintenance for its products, creating a recurring revenue stream. Strategic partnerships with technology providers and telecommunications companies also enhance its market reach and may lead to collaborative projects that contribute to its earnings. The company’s focus on innovation ensures it remains competitive, continually introducing new products that meet the evolving demands of the telecommunications industry.

Trigiant Group Ltd. Financial Statement Overview

Summary

Trigiant Group Ltd. is facing financial challenges, particularly in revenue and profitability, with consistent negative net income. The balance sheet shows stability in equity but is affected by increasing leverage. Cash flow issues are evident with zero operating cash flow in 2024, highlighting sustainability concerns. Overall, the company needs to address profitability and cash generation to improve financial health.

Income Statement

Trigiant Group Ltd. shows a declining revenue trend over the past few years, with a notable drop from 2019 to 2024. The company has consistent negative net income in recent years, indicating profitability challenges. Gross profit margin has decreased from 19.1% in 2019 to 11.7% in 2024, impacting overall profitability. The EBIT margin has also diminished, suggesting operating inefficiencies.

Balance Sheet

The company's debt-to-equity ratio has increased slightly, indicating higher leverage but still manageable. Stockholders' equity remains relatively stable, although total assets have slightly decreased over the years. The equity ratio indicates a strong equity base compared to liabilities, reflecting financial stability but with potential risk due to increasing debt.

Cash Flow

Free cash flow has been inconsistent, with a significant drop in 2024 due to zero operating cash flow, raising concerns about cash generation. The operational cash flow to net income ratio is unavailable for 2024, but prior years show variability, reflecting cash flow volatility. Continuous negative income impacts free cash flow conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.59B	2.51B	2.51B	2.63B	2.86B	2.87B
Gross Profit	291.10M	293.61M	316.52M	352.29M	423.92M	511.37M
EBITDA	31.00M	42.35M	51.89M	35.78M	312.73M	-30.47M
Net Income	-23.84M	-7.91M	-22.55M	-56.36M	207.47M	-139.36M
Balance Sheet
Total Assets	5.26B	5.21B	5.40B	5.39B	5.61B	5.36B
Cash, Cash Equivalents and Short-Term Investments	554.70M	464.42M	549.36M	536.72M	459.27M	736.99M
Total Debt	1.49B	1.48B	1.69B	1.69B	1.27B	1.43B
Total Liabilities	1.73B	1.70B	1.88B	1.85B	2.01B	1.97B
Stockholders Equity	3.53B	3.51B	3.52B	3.54B	3.60B	3.39B
Cash Flow
Free Cash Flow	367.07M	461.54M	666.57M	163.02M	43.22M	79.08M
Operating Cash Flow	377.19M	469.99M	668.32M	190.68M	47.77M	82.51M
Investing Cash Flow	90.30M	104.93M	16.73M	3.80M	-58.60M	183.54M
Financing Cash Flow	-502.11M	-659.86M	-672.41M	-117.03M	-216.89M	60.81M

Trigiant Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.32
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1300, the sentiment is Negative. The current price of 0.32 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.31, and above the 200-day MA of 0.32, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.73 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1300.

Trigiant Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1720	63 Neutral	HK$130.90M	5.72	3.56%	―	8.78%	160.00%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
1617	61 Neutral	HK$162.62M	2.49	7.40%	―	-9.34%	605.26%
1085	58 Neutral	HK$633.22M	-10.72	-3.08%	―	5.24%	-201.60%
1202	52 Neutral	€360.00M	-473.68	-0.09%	―	-23.93%	-109.41%
1300	45 Neutral	HK$539.85M	-21.03	-0.68%	―	6.88%	-49.48%
0947	41 Neutral	HK$121.99M	-0.93	-29.56%	―	-12.03%	-40.38%

Trigiant Group Ltd. Corporate Events

Trigiant Group Secures Major Contract in China Mobile’s Procurement Project

Trigiant Group Ltd. announced that its subsidiary, Jiangsu Trigiant Technology Co., Ltd., has been declared a successful bidder in China Mobile’s Centralised Procurement Project for power cable products for the years 2025 to 2026. The company secured a contract worth approximately RMB1.8 billion, ranking third and obtaining 19.44% of the tender. This procurement is crucial for advancing 5G infrastructure deployment, highlighting Trigiant’s strategic positioning in the telecommunications sector and its ongoing relationship with China Mobile, a key client.