Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$19.42, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 16x in the Electrical industry in Hong Kong. Total returns to shareholders of 1,066% over the past three years. Ankündigung • May 30
Time Interconnect Technology Limited Approves Final Dividend for the Year Ended December 31, 2025 Time Interconnect Technology Limited at its AGM held on 29 May 2026, approved a final dividend of 2.4 Hong Kong cents per ordinary share for the year ended 31 December 2025. Upcoming Dividend • May 26
Upcoming dividend of HK$0.024 per share Eligible shareholders must have bought the stock before 02 June 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 10.0% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Hong Kong dividend payers (6.9%). Lower than average of industry peers (1.1%). Live-Nachrichten • May 21
Time Interconnect Raises HK$2.88 Billion to Support Global Growth and Debt Reduction Time Interconnect completed a placement of about 138 million new shares at HK$21.00 each, raising roughly HK$2.88b.
The new shares represent just over 6% of the enlarged share capital, leading to dilution for existing shareholders.
Management plans to use the funds for global expansion, reducing bank debt, pursuing investments and strengthening working capital.
The funding move gives the company more financial flexibility for overseas growth plans while also addressing balance sheet items such as bank debt and day-to-day liquidity.
Investors may want to weigh the dilution from the new share issuance against the potential benefits of reduced leverage and the company’s capacity to pursue future deals. Ankündigung • May 20
Time Interconnect Technology Limited has completed a Follow-on Equity Offering in the amount of HKD 2.900016 billion. Time Interconnect Technology Limited has completed a Follow-on Equity Offering in the amount of HKD 2.900016 billion.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 138,096,000
Price\Range: HKD 21
Transaction Features: Subsequent Direct Listing Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$20.30, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 22x in the Electrical industry in Hong Kong. Total returns to shareholders of 1,146% over the past three years. Ankündigung • May 13
Time Interconnect Technology Limited has filed a Follow-on Equity Offering in the amount of HKD 2.900016 billion. Time Interconnect Technology Limited has filed a Follow-on Equity Offering in the amount of HKD 2.900016 billion.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 138,096,000
Price\Range: HKD 21
Transaction Features: Subsequent Direct Listing Price Target Changed • Apr 25
Price target increased by 14% to HK$25.00 Up from HK$22.00, the current price target is provided by 1 analyst. New target price is 15% above last closing price of HK$21.78. Stock is up 431% over the past year. The company is forecast to post earnings per share of HK$0.64 for next year compared to HK$0.40 last year. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to HK$19.10, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Electrical industry in Hong Kong. Total returns to shareholders of 903% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$11.47 per share. Declared Dividend • Mar 30
Final dividend increased to HK$0.024 Dividend of HK$0.024 is 85% higher than last year. Ex-date: 2nd June 2026 Payment date: 26th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 4.6%. Reported Earnings • Mar 28
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: HK$0.40 (up from HK$0.23 in FY 2024). Revenue: HK$12.4b (up 68% from FY 2024). Net income: HK$783.7m (up 74% from FY 2024). Profit margin: 6.3% (up from 6.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electrical industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Mar 28
Time Interconnect Technology Limited, Annual General Meeting, May 29, 2026 Time Interconnect Technology Limited, Annual General Meeting, May 29, 2026. Ankündigung • Mar 16
Time Interconnect Technology Limited to Report Fiscal Year 2025 Final Results on Mar 27, 2026 Time Interconnect Technology Limited announced that they will report fiscal year 2025 final results on Mar 27, 2026 New Risk • Mar 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (82% net debt to equity). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$19.77, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 23x in the Electrical industry in Hong Kong. Total returns to shareholders of 1,107% over the past three years. Ankündigung • Feb 21
Time Interconnect Technology Limited has completed a Follow-on Equity Offering in the amount of HKD 1.64376 billion. Time Interconnect Technology Limited has completed a Follow-on Equity Offering in the amount of HKD 1.64376 billion.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 108,000,000
Price\Range: HKD 15.22
Transaction Features: Subsequent Direct Listing Ankündigung • Feb 10
Time Interconnect Technology Limited has filed a Follow-on Equity Offering in the amount of HKD 1.64376 billion. Time Interconnect Technology Limited has filed a Follow-on Equity Offering in the amount of HKD 1.64376 billion.
Security Name: Ordianry Share
Security Type: Common Stock
Securities Offered: 108,000,000
Price\Range: HKD 15.22
Transaction Features: Subsequent Direct Listing Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$17.27, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 17x in the Electrical industry in Hong Kong. Total returns to shareholders of 1,073% over the past three years. Ankündigung • Jan 30
Time Interconnect Technology Limited Announces Board Appointments, Effective February 1, 2026 Time Interconnect Technology Limited announced the appointment of Mr. Chaung Kwai Wing and Mr. Hung Wai Lai William as executive Directors and Dr. Wu Che Yuen Justin as an independent non-executive Director with effect from February 1, 2026. Mr. Chaung, aged 62, has over 38 years of experience in the electronics and cable industry, taking senior positions in sales and marketing and general management. Mr. Chaung joined the Company and its subsidiaries in 2020 and is currently the Chief Operating Officer of the Group and acts as director for several subsidiaries of the Group. Mr. Chaung first joined Linkz Industries Limited in 1996 and was transferred to LTK International Limited following the disposal of Linkz’s electronic cables business in 2007. He re-joined the Group in 2020. Mr. Chaung holds a Master of Business Administration degree and a Bachelor of Science degree from The Chinese University of Hong Kong. Mr. Hung, aged 30, joined the Group in July 2024 and is the Executive Vice President – MedTech of the Group. Mr. Hung is responsible for identifying and evaluating potential overseas investment opportunities to drive the Group’s medical device business, enhancing the research and development and production capabilities of the Group in this sector. Mr. Hung began his career in 2019 as Management Trainee at Lee Kum Kee International Holdings Limited and subsequently developed his expertise in account management, marketing, and business development. Mr. Hung obtained a Bachelor of Science degree from Queen Mary University of London. Mr. Hung has been a fellow member of the Institute of Financial Accountants (UK) since December 2020. Dr. Wu, aged 56, is the Associate Dean (Health Systems) of Faculty of Medicine, CUHK. He is responsible for developing a collaborative ecosystem of private healthcare, medical tech industry in Greater Bay Area and beyond. Dr. Wu is an international leader of digestive diseases. He is currently the President of Asian Pacific Digestive Week Federation, and the Past President of Asian Pacific Association of Gastroenterology and Hong Kong Society of Gastroenterology. He is an eminent medical educator honoured with 8 education awards for his dedication to nurturing future-ready doctors. He founded Asia’s first “Global Physician-Leadership Stream” (GPS) in CUHK, which has been the top undergraduate programme in Hong Kong for over 10 years. Dr. Wu is also the founding director of Hong Kong Institute of Integrative Medicine in CUHK, pioneering the cooperation between Western and Chinese medicine in the healthcare system. He steered the development of the world’s first English Massive Open Online Course (MOOC) on Chinese medicine in collaboration with Coursera. He is serving as board member and chairman of Clinical Governance Committee, a member of the Audit and Risk Committee and a member of the Finance Committee of The Chinese Medicine Hospital of Hong Kong. Dr. Wu is serving as advisor and investor of biomedical technology companies. He is serving as an independent non-executive director in Aptorum Ltd, a Nasdaq-listed biomedical technology company. He is a vice-chairman of Medical Engineering & Innovation Council of Hong Kong Federation of Industries. He also actively contributes to community services, education, and health system development of Greater Bay Area. He is serving in the board of Shaw Prize Foundation, and is a member of Consultative Committee on Guangdong- Hong Kong Co-operation (Guangzhou Nansha). Dr. Wu obtained a Doctor of Medicine degree, a Master of Business Administration degree and a Bachelor in Medicine and Bachelor of surgery degree from CUHK. Dr. Wu is also a fellow of the Hong Kong Academy of Medicine in the specialty of Gastroenterology & Hepatology. Ankündigung • Jan 16
Time Interconnect Technology Limited Provides Earnings Guidance for the Year Ended 31 December 2025 Time Interconnect Technology Limited provided earnings Guidance for the year ended 31 December 2025. the net profit of the Group for the Current Year is expected to record an increase in the approximate range of 60% to 70% as compared to the net profit of the Group for the year ended 31 December 2024 (the "Previous Year") as disclosed in its 2024 annual report. The Group considers that such increase was primarily due to (i) the increase in the Group's revenue as driven by the increase in sales orders from data centre in cable assembly sector and server sector; and (ii) the increase in share results of associates, net during the Current Year. Recent Insider Transactions Derivative • Dec 28
CFO & Executive Director exercised options and sold HK$6.9m worth of stock On the 22nd of December, Chi Kuen Wong exercised 400k options at a strike price of around HK$1.51 and sold these shares for an average price of HK$18.65 per share. This trade did not impact their existing holding. Since December 2024, Chi Kuen has owned 7.53m shares directly. Company insiders have collectively sold HK$16m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Dec 17
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 4.2% to HK$16.55. The fair value is estimated to be HK$13.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 90% in 2 years. Earnings are forecast to grow by 141% in the next 2 years. Ankündigung • Dec 05
Time Interconnect Technology Limited (SEHK:1729) completed the acquisition of Dejinchang Investment Limited for approximately HKD 600 million. Time Interconnect Technology Limited (SEHK:1729) entered into a share purchase agreement to acquire Dejinchang Investment Limited for approximately HKD 650 million on August 28, 2025. The consideration of HKD 460 million subject to the terms and conditions of the share purchase agreement. The consideration for the Sale Shares shall be settled as to HKD 130 million by cash and as to HKD 330 million by the allotment and issuance of the Consideration Shares by the Company to the Vendor under General Mandate. In addition, pursuant to the share purchase agreement, the Company shall procure the Target Group to repay the Shareholder’s Debt in an amount not exceeding HKD 189.87 million. It is expected that the cash portion of the consideration for Sale Shares and repayment of Shareholders’ Debt will be financed by internal resources of the Group.
As of June 30, 2025, Dejinchang Investment Limited reported total common equity of HKD 179.71 million.
The transaction is subject to the Company obtaining the clearance from the Stock Exchange and obtaining the Board and Shareholders’ approval as required under the Listing Rules; the Listing Committee of the Stock Exchange having granted approval for the listing of and permission to deal in the Consideration Shares; The merger control filings required by the competent Authorities have been completed, and the approvals, consents, confirmations of non-objection or exemptions from such Authorities having been obtained.
Completion shall take place on the ten business days of the date on which the last conditions precedent in the share purchase agreement is satisfied or waived, or such other day as may be agreed in writing between the Company and the Vendor. As of August 28, 2025, none of the conditions precedent has been fulfilled.
Time Interconnect Technology Limited (SEHK:1729) completed the acquisition of Dejinchang Investment Limited for approximately HKD 600 million on December 3, 2025. Pursuant to the S&P Agreement, part of the Consideration will be settled by the allotment and issuance of the Consideration Shares credited as fully paid by the Company to the Vendor within 20 business days after the Completion Date. The issue price of the Consideration Shares shall be calculated based on the average closing price per Share as quoted on the Stock Exchange over the 30 consecutive trading days immediately prior to the Completion Date. Accordingly, an aggregate of 21.73 million Consideration Shares will be allotted and issued to the Vendor under the General Mandate pursuant to the S&P Agreement. Buy Or Sell Opportunity • Nov 28
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to HK$16.54. The fair value is estimated to be HK$13.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 90% in 2 years. Earnings are forecast to grow by 141% in the next 2 years. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$16.31, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 21x in the Electrical industry in Hong Kong. Total returns to shareholders of 923% over the past three years. Buy Or Sell Opportunity • Oct 27
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 81% to HK$17.31. The fair value is estimated to be HK$13.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 90% in 2 years. Earnings are forecast to grow by 141% in the next 2 years. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to HK$15.84, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 20x in the Electrical industry in Hong Kong. Total returns to shareholders of 1,250% over the past three years. New Risk • Oct 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (82% net debt to equity). Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to HK$15.20, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 21x in the Electrical industry in Hong Kong. Total returns to shareholders of 909% over the past three years. Buy Or Sell Opportunity • Sep 22
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 139% to HK$17.96. The fair value is estimated to be HK$14.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 90% in 2 years. Earnings are forecast to grow by 141% in the next 2 years. Recent Insider Transactions Derivative • Sep 11
CFO & Executive Director exercised options and sold HK$4.1m worth of stock On the 5th of September, Chi Kuen Wong exercised 300k options at a strike price of around HK$1.51 and sold these shares for an average price of HK$15.14 per share. This trade did not impact their existing holding. Since December 2024, Chi Kuen has owned 7.53m shares directly. This was the only transaction from an insider over the last 12 months. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$15.89, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 16x in the Electrical industry in Hong Kong. Total returns to shareholders of 728% over the past three years. Declared Dividend • Sep 01
First half dividend of HK$0.016 announced Shareholders will receive a dividend of HK$0.016. Ex-date: 10th September 2025 Payment date: 9th October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 4.6%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 7%. Buy Or Sell Opportunity • Aug 30
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 156% to HK$13.27. The fair value is estimated to be HK$10.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 22%. Ankündigung • Aug 15
Time Interconnect Technology Limited to Report First Half, 2025 Results on Aug 28, 2025 Time Interconnect Technology Limited announced that they will report first half, 2025 results on Aug 28, 2025 Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$10.87, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 18x in the Electrical industry in Hong Kong. Total returns to shareholders of 403% over the past three years. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$9.05, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 14x in the Electrical industry in Hong Kong. Total returns to shareholders of 447% over the past three years. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$6.88, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 15x in the Electrical industry in Hong Kong. Total returns to shareholders of 423% over the past three years. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$5.09, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 13x in the Electrical industry in Hong Kong. Total returns to shareholders of 268% over the past three years. Buy Or Sell Opportunity • May 26
Now 25% overvalued Over the last 90 days, the stock has fallen 6.7% to HK$4.85. The fair value is estimated to be HK$3.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 39%. Ankündigung • May 23
Time Interconnect Technology Limited Approves Final Dividend for the Year Ended 31 December 2024 Time Interconnect Technology Limited at its AGM held on May 23, 2025, approved to declare a final dividend of HKD 0.13 per share for the year ended 31 December 2024. Upcoming Dividend • May 20
Upcoming dividend of HK$0.013 per share Eligible shareholders must have bought the stock before 27 May 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 9.9% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Hong Kong dividend payers (7.7%). Lower than average of industry peers (3.7%). Reported Earnings • May 04
Full year 2024 earnings released: EPS: HK$0.23 (vs HK$0.19 in FY 2023) Full year 2024 results: EPS: HK$0.23 (up from HK$0.19 in FY 2023). Revenue: HK$7.39b (up 15% from FY 2023). Net income: HK$450.9m (up 22% from FY 2023). Profit margin: 6.1% (up from 5.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Fanny Chan was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 11
Time Interconnect Technology Limited Announces Board and Committee Changes, Effective 11 April 2025 The board of directors of Time Interconnect Technology Limited announced that Ms. Chan Kit Fun Fanny has been appointed as an independent non-executive Director; the chairman of the nomination committee of the Company; and a member of each of the audit committee and the remuneration committee of the Company with effect from 11 April 2025. The biographical details of Ms. Chan are set out below: Ms. Chan, aged 65, has over 30 years of experience in the banking and manufacturing industries. Her experience includes corporate and commercial banking, client coverage, strategic transformation, operations management, internal control and compliance, sales and marketing, new business set up and production management. She currently serves as a consultant to the chairman of KBL Group International Ltd., a company specialising in apparel marketing and manufacturing, with major markets in the United States and a production network across China and Asia. Ms. Chan has also been an independent non-executive director of Win Hanverky Holdings Limited, a company listed on the Stock Exchange (stock code: 3322), since July 2022. Prior to that, Ms. Chan worked for China CITIC Bank International and Standard Chartered Bank in their respective wholesale banking divisions. She was also a senior executive in the subsidiaries of Boto International Holdings Ltd. (currently known as Imagi International Holdings Limited, a company listed on Stock Exchange (stock code: 0585)) from 1994 to 2004 during which she led its marketing of consumer products to global markets and supervised its manufacturing of certain product lines. Ms. Chan obtained her Master of Business Administration degree from The City University London and a Bachelor of Arts degree from The University of Hong Kong. CHANGE OF COMPOSITION OF BOARD COMMITTEE: Following the appointment of Ms. Chan, with effect from 11 April 2025, Mr. Luk Wai Shing has ceased to be the chairman of the Nomination Committee, but will remain as a member of the Nomination Committee. Ms. Chan has been appointed as the chairman of the Nomination Committee and also a member of the Audit Committee and the Remuneration Committee. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to HK$3.45, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 11x in the Electrical industry in Hong Kong. Total returns to shareholders of 257% over the past three years. Declared Dividend • Mar 31
Final dividend of HK$0.013 announced Shareholders will receive a dividend of HK$0.013. Ex-date: 27th May 2025 Payment date: 26th June 2025 Dividend yield will be 0.5%, which is lower than the industry average of 4.6%. Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: HK$0.23 (vs HK$0.19 in FY 2023) Full year 2024 results: EPS: HK$0.23 (up from HK$0.19 in FY 2023). Revenue: HK$7.39b (up 15% from FY 2023). Net income: HK$450.9m (up 22% from FY 2023). Profit margin: 6.1% (up from 5.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Mar 30
Time Interconnect Technology Limited, Annual General Meeting, May 23, 2025 Time Interconnect Technology Limited, Annual General Meeting, May 23, 2025. Ankündigung • Mar 17
Time Interconnect Technology Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Time Interconnect Technology Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 Ankündigung • Mar 07
Time Interconnect Technology Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2024 Time Interconnect Technology Limited provides unaudited consolidated earnings guidance for the year ended 31 December 2024. For the period, the company expects the net profit of the Group for the Current Year is expected to record an increase in the approximate range of 50% to 65% as compared to the net profit of the Group for the nine months ended 31 December 2023 as disclosed in its 2023 annual report. The Group considers that such increase was primarily due to (a) the longer period covered by the Current Year as compared to the nine months recorded during the Previous Financial Period following the change in the financial year end date; and (b) the increase in revenue generated from medical equipment and data centre in cable assembly sector, and specialty cable in digital cable sector, with all three market segments having better profit margins during the Current Year. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$4.45, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 8x in the Electrical industry in Hong Kong. Total returns to shareholders of 499% over the past three years. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$5.10, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 9x in the Electrical industry in Hong Kong. Total returns to shareholders of 1,122% over the past three years. Reported Earnings • Sep 30
First half 2024 earnings released: EPS: HK$0.10 (vs HK$0.078 in 1H 2023) First half 2024 results: EPS: HK$0.10 (up from HK$0.078 in 1H 2023). Revenue: HK$2.67b (up 1.5% from 1H 2023). Net income: HK$202.6m (up 34% from 1H 2023). Profit margin: 7.6% (up from 5.8% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Sep 11
Independent Non-Executive Director recently sold HK$1.1m worth of stock On the 4th of September, Hin Shun Ho sold around 312k shares on-market at roughly HK$3.63 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Declared Dividend • Aug 31
Dividend of HK$0.01 announced Shareholders will receive a dividend of HK$0.01. Ex-date: 10th September 2024 Payment date: 9th October 2024 Dividend yield will be 0.6%, which is lower than the industry average of 4.6%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 2%. Ankündigung • Aug 28
Time Interconnect Technology Limited Interim Dividend for the Six Months Ended 30 June 2024, Payable on 09 October 2024 Time Interconnect Technology Limited announced Interim Dividend for the Six Months Ended 30 June 2024 of HKD 0.01 per share with payable on 09 October 2024; Record date 16 September 2024 and Ex-dividend date of 10 September 2024. Ankündigung • Aug 15
Time Interconnect Technology Limited to Report First Half, 2024 Results on Aug 28, 2024 Time Interconnect Technology Limited announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • Aug 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (185% net debt to equity). Share price has been volatile over the past 3 months (9.7% average weekly change). Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$3.53, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 9x in the Electrical industry in Hong Kong. Total returns to shareholders of 794% over the past three years. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$2.93, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 10x in the Electrical industry in Hong Kong. Total returns to shareholders of 586% over the past three years. Ankündigung • May 30
Time Interconnect Technology Limited Approves Final Dividend for the Nine Months Ended 31 December 2023 Time Interconnect Technology Limited at its annual general meeting held on 29 May 2024, approved a final dividend of 0.7 HK cents per share for the nine months ended 31 December 2023. Ankündigung • Mar 29
Time Interconnect Technology Limited, Annual General Meeting, May 29, 2024 Time Interconnect Technology Limited, Annual General Meeting, May 29, 2024. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: HK$0.19 (vs HK$0.099 in FY 2022) Full year 2023 results: EPS: HK$0.19 (up from HK$0.099 in FY 2022). Revenue: HK$6.44b (up 18% from FY 2022). Net income: HK$369.5m (up 93% from FY 2022). Profit margin: 5.7% (up from 3.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Mar 28
Time Interconnect Technology Limited Proposes Final Ordinary Cash Dividend for the Nine Months Ended 31 December 2023, Payable on 28 June 2024 Time Interconnect Technology Limited proposed final ordinary cash dividend of HKD 0.007 per share for the nine months ended 31 December 2023, payable on 28 June 2024. Record date is 07 June 2024. Ex-dividend date is 31 May 2024. Date of shareholders' approval is 29 May 2024. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$1.78, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 8x in the Electrical industry in Hong Kong. Total returns to shareholders of 360% over the past three years. Ankündigung • Mar 14
Time Interconnect Technology Limited to Report Q3, 2024 Results on Mar 28, 2024 Time Interconnect Technology Limited announced that they will report Q3, 2024 results on Mar 28, 2024 Reported Earnings • Nov 29
First half 2024 earnings released: EPS: HK$0.078 (vs HK$0.047 in 1H 2023) First half 2024 results: EPS: HK$0.078 (up from HK$0.047 in 1H 2023). Revenue: HK$2.63b (down 20% from 1H 2023). Net income: HK$151.1m (up 67% from 1H 2023). Profit margin: 5.8% (up from 2.8% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Nov 29
Time Interconnect Technology Limited Announces Interim Dividend for the Six Months Ended 30 September 2023, Payable on 09 January 2024 Time Interconnect Technology Limited announced interim dividend of HKD 0.0075 per share for the six months ended 30 September 2023. Ex-dividend date 08 December 2023, Record date 14 December 2023 and dividend payable on 09 January 2024. New Risk • Nov 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (62% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change). Ankündigung • Nov 14
Time Interconnect Technology Limited to Report First Half, 2024 Results on Nov 27, 2023 Time Interconnect Technology Limited announced that they will report first half, 2024 results on Nov 27, 2023 Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$1.32, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 9x in the Electrical industry in Hong Kong. Total returns to shareholders of 313% over the past three years. Ankündigung • Oct 14
Time Interconnect Technology Limited Provides Earnings Guidance for the Six Months Ended 30 September 2023 Time Interconnect Technology Limited provided earnings guidance for the six months ended 30 September 2023. For the period, the net profit of the Group for the six months ended 30 September 2023 is expected to record an increase of a range of 65% to 75% as compared to the net profit of the Group for the six months ended 30 September 2022 as disclosed in its 2022/2023 interim report. Such increase was primarily due to the margin improvement of the server business. Ankündigung • Aug 29
Time Interconnect Technology Limited Declares Final Dividend for the Year Ended 31 March 2023 Time Interconnect Technology Limited at its Annual General Meeting held on 28 August 2023 declared a final dividend of HK 0.5 cents per share for the year ended 31 March 2023. New Risk • Aug 02
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 62% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (62% accrual ratio).