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. More Details
Fair value with mediocre balance sheet.
Share Price & News
How has Trigiant Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1300's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 1300 underperformed the Hong Kong Communications industry which returned 51.6% over the past year.
Return vs Market: 1300 underperformed the Hong Kong Market which returned 1.4% over the past year.
Price Volatility Vs. Market
How volatile is Trigiant Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StTrigiant Group (HKG:1300) Seems To Use Debt Quite Sensibly
1 month ago | Simply Wall StTake Care Before Diving Into The Deep End On Trigiant Group Limited (HKG:1300)
1 month ago | Simply Wall StMarket Still Lacking Some Conviction On Trigiant Group Limited (HKG:1300)
Is Trigiant Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1300 (HK$0.78) is trading below our estimate of fair value (HK$2.58)
Significantly Below Fair Value: 1300 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1300 is unprofitable, so we can't compare its PE Ratio to the HK Communications industry average.
PE vs Market: 1300 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1300's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1300 is good value based on its PB Ratio (0.4x) compared to the HK Communications industry average (1x).
How is Trigiant Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Trigiant Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Trigiant Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Trigiant Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Trigiant Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1300 is currently unprofitable.
Growing Profit Margin: 1300 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1300 is unprofitable, but has reduced losses over the past 5 years at a rate of 0.3% per year.
Accelerating Growth: Unable to compare 1300's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1300 is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-13%).
Return on Equity
High ROE: 1300 has a negative Return on Equity (-0.005%), as it is currently unprofitable.
How is Trigiant Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1300's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 1300's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥56.6M).
Debt to Equity History and Analysis
Debt Level: 1300's debt to equity ratio (45%) is considered high.
Reducing Debt: 1300's debt to equity ratio has reduced from 76.1% to 45% over the past 5 years.
Debt Coverage: 1300's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 1300 is unprofitable, therefore interest payments are not well covered by earnings.
What is Trigiant Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1300's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1300's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1300's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1300's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1300 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1300's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lirong Qian (55 yo)
Mr. Lirong Qian served as Chief Executive Officer of Hengxin Technology Ltd. until January 17, 2007. Mr. Qian is principally responsible for the overall strategic development of the Group's operation as we ...
CEO Compensation Analysis
Compensation vs Market: Lirong's total compensation ($USD155.86K) is below average for companies of similar size in the Hong Kong market ($USD292.65K).
Compensation vs Earnings: Lirong's compensation has increased whilst the company is unprofitable.
|Executive Chairman & Group CEO||0.75yr||CN¥1.06m||no data|
|Group Vice GM & Executive Director||0.75yr||no data||no data|
|Independent Non-Executive Director||2yrs||CN¥133.00k||no data|
|Independent Non-Executive Director||9.08yrs||CN¥84.00k||no data|
|Non-Executive Director||1.17yrs||CN¥53.00k||no data|
|Independent Non-Executive Director||0.75yr||CN¥7.00k||no data|
|Alternate Director||0.75yr||no data||no data|
Experienced Board: 1300's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Trigiant Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Trigiant Group Limited
- Ticker: 1300
- Exchange: SEHK
- Founded: 2007
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: HK$1.397b
- Shares outstanding: 1.79b
- Website: https://www.trigiant.com.hk
Number of Employees
- Trigiant Group Limited
- No. 1 Junzhi Road
- Ind. Park for Environmental Protection S
- Jiangsu Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1300||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Mar 2012|
|3TG||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 2012|
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 fo ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/20 19:09|
|End of Day Share Price||2020/09/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.