Trio Industrial Electronics Group Limited, an investment holding company, provides customized engineering and contract manufacturing services for a range of industries. More Details
Flawless balance sheet with proven track record.
Share Price & News
How has Trio Industrial Electronics Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1710 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 1710's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 1710 underperformed the Hong Kong Electronic industry which returned 48.7% over the past year.
Return vs Market: 1710 exceeded the Hong Kong Market which returned 21.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Trio Industrial Electronics Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWe Wouldn't Be Too Quick To Buy Trio Industrial Electronics Group Limited (HKG:1710) Before It Goes Ex-Dividend
3 weeks ago | Simply Wall StTrio Industrial Electronics Group (HKG:1710) Has Announced That It Will Be Increasing Its Dividend To HK$0.012
Is Trio Industrial Electronics Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1710 (HK$0.22) is trading above our estimate of fair value (HK$0.22)
Significantly Below Fair Value: 1710 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1710 is good value based on its PE Ratio (7.7x) compared to the Hong Kong Electronic industry average (11.3x).
PE vs Market: 1710 is good value based on its PE Ratio (7.7x) compared to the Hong Kong market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1710's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1710 is good value based on its PB Ratio (0.6x) compared to the HK Electronic industry average (0.9x).
How is Trio Industrial Electronics 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 Trio Industrial Electronics 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.
How has Trio Industrial Electronics Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1710 has high quality earnings.
Growing Profit Margin: 1710's current net profit margins (4.1%) are higher than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: 1710's earnings have declined by 23.7% per year over the past 5 years.
Accelerating Growth: 1710's earnings growth over the past year (29.7%) exceeds its 5-year average (-23.7% per year).
Earnings vs Industry: 1710 earnings growth over the past year (29.7%) exceeded the Electronic industry 15.9%.
Return on Equity
High ROE: 1710's Return on Equity (7.9%) is considered low.
How is Trio Industrial Electronics Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1710's short term assets (HK$451.1M) exceed its short term liabilities (HK$158.9M).
Long Term Liabilities: 1710's short term assets (HK$451.1M) exceed its long term liabilities (HK$20.1M).
Debt to Equity History and Analysis
Debt Level: 1710's debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: 1710's debt to equity ratio has reduced from 44.3% to 6.3% over the past 5 years.
Debt Coverage: 1710's debt is well covered by operating cash flow (176.6%).
Interest Coverage: 1710's interest payments on its debt are well covered by EBIT (26.5x coverage).
What is Trio Industrial Electronics Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1710's dividend (10.81%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.87%).
High Dividend: 1710's dividend (10.81%) is in the top 25% of dividend payers in the Hong Kong market (6%)
Stability and Growth of Payments
Stable Dividend: 1710 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1710's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.2%), 1710's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Leung Lam Tai (73 yo)
Mr. Tai Leung Lam is Chief Executive Officer of Trio Industrial Electronics Group Ltd since May 25, 2018. He has been Executive Director of Trio Industrial Electronics Group Limited since April 15, 2016 an...
CEO Compensation Analysis
Compensation vs Market: Leung Lam's total compensation ($USD691.45K) is above average for companies of similar size in the Hong Kong market ($USD228.52K).
Compensation vs Earnings: Leung Lam's compensation has been consistent with company performance over the past year.
Experienced Management: 1710's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: 1710's board of directors are considered experienced (4.3 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Trio Industrial Electronics Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Trio Industrial Electronics Group Limited
- Ticker: 1710
- Exchange: SEHK
- Founded: 1983
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: HK$222.000m
- Shares outstanding: 1.00b
- Website: https://www.trio-ieg.com
Number of Employees
- Trio Industrial Electronics Group Limited
- Kaiser Estate, Phase II
- 5th Floor
- Hung Hom
- Hong Kong
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 incl...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 14:08|
|End of Day Share Price||2021/06/17 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.