Trio Industrial Electronics Group Limited (HK:1710)
:1710
Want to see HK:1710 full AI Analyst Report?
Top Page
Trio Industrial Electronics Group Limited
(1710)
Select Model
Select Model
Rating:57Neutral
Price Target:
HK$0.70
▲(193.33% Upside)
Action:Reiterated
Date:05/02/26
The score is held back primarily by weakened financial performance (revenue contraction and a return to net losses, with sharply lower cash generation versus 2024). This is partly offset by strong technical positioning (price above key moving averages with positive MACD) and a supportive dividend yield, though the negative P/E underscores ongoing profitability risk.
Positive Factors
Integrated design-to-manufacturing model
An integrated design, manufacturing and distribution model gives Trio control over product roadmaps, quality and cost base. That vertical capability supports durable customer relationships, faster new-product cycles and better margin capture versus pure distributors, aiding long-term resilience.
Negative Factors
Material revenue decline
A ~24% revenue decline and the swing to a sizeable net loss indicate demand deterioration or lost volume that undermines operating leverage. Reduced scale worsens fixed-cost absorption, making earnings recovery dependent on sustained volume improvement rather than short-term fixes.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated design-to-manufacturing model
An integrated design, manufacturing and distribution model gives Trio control over product roadmaps, quality and cost base. That vertical capability supports durable customer relationships, faster new-product cycles and better margin capture versus pure distributors, aiding long-term resilience.
Read all positive factors
Trio Industrial Electronics Group Limited (1710) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$600.00M
Dividend Yield7.47%
Average Volume (3M)2.04M
Price to Earnings (P/E)―
Beta (1Y)0.13
Revenue Growth-23.05%
EPS Growth-511.63%
CountryHK
Employees1,310
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.03
Shares Outstanding1,000,000,000
10 Day Avg. Volume1,123,200
30 Day Avg. Volume2,038,933
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.66
Price to Sales (P/S)0.31
P/FCF Ratio67.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Trio Industrial Electronics Group Limited Business Overview & Revenue Model
Company Description
Trio Industrial Electronics Group Limited, an investment holding company, provides customized engineering and contract manufacturing services for a range of industries. The company's product portfolio includes electro-mechanical products, switch-m...
How the Company Makes Money
The company primarily makes money by selling industrial electronic products and related solutions to corporate customers. Revenue is generated from (i) product sales—manufactured electronic items, modules or assemblies delivered under customer pur...
Trio Industrial Electronics Group Limited Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
62
Positive
Cash Flow
45
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 775.26M | 1.01B | 1.16B | 978.10M | 744.07M |
| Gross Profit | 139.61M | 187.49M | 222.72M | 201.46M | 133.51M |
| EBITDA | -11.51M | 19.40M | 95.52M | 90.01M | 12.27M |
| Net Income | -35.42M | 8.56M | 47.15M | 45.42M | -10.58M |
Balance Sheet | |||||
| Total Assets | 650.89M | 817.69M | 682.77M | 723.52M | 601.61M |
| Cash, Cash Equivalents and Short-Term Investments | 142.45M | 143.03M | 61.21M | 73.14M | 69.57M |
| Total Debt | 144.50M | 172.23M | 123.41M | 126.90M | 26.54M |
| Total Liabilities | 283.77M | 400.15M | 272.04M | 339.65M | 256.95M |
| Stockholders Equity | 367.12M | 417.54M | 410.74M | 383.87M | 344.67M |
Cash Flow | |||||
| Free Cash Flow | 3.62M | 79.56M | 21.45M | 38.73M | -20.18M |
| Operating Cash Flow | 9.49M | 113.29M | 52.04M | 51.73M | -3.78M |
| Investing Cash Flow | -5.93M | -27.42M | -31.85M | -12.95M | -14.01M |
| Financing Cash Flow | -23.80M | -5.96M | -30.66M | -31.75M | -19.49M |
Trio Industrial Electronics Group Limited Technical Analysis
Positive
0.24
Price Trends
0.44
Positive
0.33
Positive
0.27
Positive
Market Momentum
0.04
Positive
52.20
Neutral
13.40
Positive
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 0.24 is below the 20-day moving average (MA) of 0.62, below the 50-day MA of 0.44, and below the 200-day MA of 0.27, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 52.20 is Neutral, neither overbought nor oversold. The STOCH value of 13.40 is Positive, 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
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | HK$2.28T | 29.45 | 22.82% | 0.21% | 30.08% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
57 Neutral | HK$600.00M | -2.93 | -9.29% | 7.47% | -23.05% | -511.63% | |
54 Neutral | HK$52.57B | ― | 1.78% | ― | 60.41% | 150.51% | |
52 Neutral | HK$1.41B | -2.34 | -3.73% | 6.40% | -34.79% | -130.42% | |
51 Neutral | HK$455.61M | -1.78 | -16.83% | ― | -15.04% | 71.02% | |
43 Neutral | HK$190.98M | -18.54 | -6.19% | ― | 5.07% | 28.18% |
* Industrials Sector Average
HK:1710
Trio Industrial Electronics Group Limited
0.58
0.45
339.39%
HK:2188
China Titans Energy Technology Group Co., Ltd.
0.12
-0.17
-58.95%
HK:3931
CALB Co., Ltd. Class H
29.52
11.30
62.02%
HK:8328
Xinyi Electric Storage Holdings Limited
0.63
-0.08
-11.27%
HK:0842
Leoch International Technology Limited
0.95
-0.17
-15.33%
HK:3750
Contemporary Amperex Technology Co., Limited Class H
662.50
330.19
99.36%
Trio Industrial Electronics Group Limited Corporate Events
Trio Industrial Electronics Sets 2026 AGM to Approve Accounts, Board Changes and Share Issuance Mandate
Apr 27, 2026
Trio Industrial Electronics Group Limited has called its annual general meeting for 28 May 2026 in Hong Kong, where shareholders will vote on adopting the audited financial statements for the year ended 31 December 2025 and review the reports of t...
Trio Industrial Electronics Moves to Overhaul Articles for Paperless, Digital Governance
Apr 24, 2026
Trio Industrial Electronics Group Limited plans to replace its existing articles of association with a new set that aligns with recent changes to Hong Kong’s Listing Rules and Companies Ordinance, including the expanded paperless listing reg...
Trio Industrial Electronics Raises Remuneration Caps for Consultant Mr. Kwan
Mar 31, 2026
Trio Industrial Electronics Group has further revised the consultancy terms for Mr. Kwan, a connected person, through a third supplemental agreement that increases his gratuity, discretionary gratuity, and expense reimbursement caps for the financ...
Trio Industrial Electronics Swings to 2025 Loss on 23% Revenue Slump
Mar 27, 2026
Trio Industrial Electronics Group reported a sharp contraction in performance for 2025, with revenue falling 23.1% year on year to HK$775.3 million and gross profit down 25.5% to HK$139.6 million, as gross margin slipped to 18.0%. The weaker top l...
Trio Industrial Electronics Sets March Board Meeting to Approve 2025 Results and Consider Dividend
Mar 17, 2026
Trio Industrial Electronics Group Limited has scheduled a board meeting for 27 March 2026 to review and approve the consolidated annual results for the year ended 31 December 2025. At the same meeting, the board will also consider whether to recom...
Trio Industrial Electronics Warns of 2025 Loss Amid European Weakness and Strategic Restructuring
Mar 16, 2026
Trio Industrial Electronics Group Limited has warned that it expects to post a loss attributable to shareholders of up to HK$38 million for the year ended 31 December 2025, reversing from a profit of about HK$8.6 million a year earlier. The antici...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.