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Trio Industrial Electronics Group Limited logo

Trio Industrial Electronics Group Limited

1710.HK

HKSEIndustrialsElectrical Equipment & Parts

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Latest quote

HK$0.70

+HK$0.005 · +0.72%

Aug 24, 3:06 PM HKTData delayed

1710.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Trio Industrial Electronics Group Limited functions as an investment holding company, specializing in bespoke engineering and contract manufacturing services for diverse sectors. Their comprehensive product range includes electro-mechanical devices, switch-mode power supplies, smart charging systems, intelligent vending solutions, automated testing apparatus, power switchgear panels, and control boards designed for catering equipment. The company also manages global material sourcing and procurement, participates in the production and distribution of electronic goods and components, and provides extensive sales, marketing, and customer support services. These products are widely utilized in various industrial and commercial settings, such as renewable energy installations, telecommunication infrastructure, commercial freight equipment, medical and healthcare technology, leisure and entertainment devices, and security and access systems. Founded in 1983 and based in Hung Hom, Hong Kong, the company operates internationally, with a presence in the United Kingdom, Switzerland, Ireland, Denmark, Sweden, North America, the People's Republic of China, Southeast Asia, Israel, and Australia. Trio Industrial Electronics Group Limited is a subsidiary of Trio Industrial Electronics Holding Limited.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
HK
CEO
Sze Chai Wong
Listed since
Nov 23, 2017
Employees
1,130

Market position

Day range

Current HK$0.70

52-week range

Current HK$0.70

Open
HK$0.695
Previous close
HK$0.695
Volume
908K
0.27× average
Average volume
3.39M
Average daily volume
Market cap
700M HKD
Beta
-0.34
Market reference 1
50-day average
HK$0.4933
+41.90% above average
200-day average
HK$0.3633
+92.69% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
247.01M HKD
P/E (TTM)
-19.72×
P/B (TTM)
1.91×
P/S (TTM)
0.9×
EV / EBITDA
-354.9×
Earnings yield
-14.58%
Free cash flow yield
1.49%
Dividend yield
0.86%

Profitability & efficiency

Gross margin
18.01%
Operating margin
-3.93%
Net margin
-4.57%
Return on equity
-9.65%
Return on assets
-5.44%
Return on invested capital
-6.07%

Financial health

Debt / equity
0.39×
Current ratio
2.66×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends23%13%3%-7%Gross margin, FY2021: 17.94%Gross margin, FY2022: 20.60%Gross margin, FY2023: 19.20%Gross margin, FY2024: 18.61%Gross margin, FY2025: 18.01%Operating margin, FY2021: -1.45%Operating margin, FY2022: 6.34%Operating margin, FY2023: 5.80%Operating margin, FY2024: 1.33%Operating margin, FY2025: -4.03%Net margin, FY2021: -1.42%Net margin, FY2022: 4.64%Net margin, FY2023: 4.06%Net margin, FY2024: 0.85%Net margin, FY2025: -4.57%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 17.94%. Gross margin FY2022 20.60%. Gross margin FY2023 19.20%. Gross margin FY2024 18.61%. Gross margin FY2025 18.01%. Operating margin FY2021 -1.45%. Operating margin FY2022 6.34%. Operating margin FY2023 5.80%. Operating margin FY2024 1.33%. Operating margin FY2025 -4.03%. Net margin FY2021 -1.42%. Net margin FY2022 4.64%. Net margin FY2023 4.06%. Net margin FY2024 0.85%. Net margin FY2025 -4.57%.

Income trends

Revenue

775.26M HKD-23.05%

Operating income

−31.26M HKD−44.65M HKD

Net income

−35.42M HKD−43.98M HKD
Income trends across reported periods1.28B HKD801.52M HKD323.27M HKD−154.98M HKDRevenue, FY2021: 744.07M HKDRevenue, FY2022: 978.1M HKDRevenue, FY2023: 1.16B HKDRevenue, FY2024: 1.01B HKDRevenue, FY2025: 775.26M HKDOperating income, FY2021: −10.81M HKDOperating income, FY2022: 61.97M HKDOperating income, FY2023: 67.28M HKDOperating income, FY2024: 13.39M HKDOperating income, FY2025: −31.26M HKDNet income, FY2021: −10.58M HKDNet income, FY2022: 45.42M HKDNet income, FY2023: 47.15M HKDNet income, FY2024: 8.56M HKDNet income, FY2025: −35.42M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 744.07M HKD. Revenue FY2022 978.1M HKD. Revenue FY2023 1.16B HKD. Revenue FY2024 1.01B HKD. Revenue FY2025 775.26M HKD. Operating income FY2021 −10.81M HKD. Operating income FY2022 61.97M HKD. Operating income FY2023 67.28M HKD. Operating income FY2024 13.39M HKD. Operating income FY2025 −31.26M HKD. Net income FY2021 −10.58M HKD. Net income FY2022 45.42M HKD. Net income FY2023 47.15M HKD. Net income FY2024 8.56M HKD. Net income FY2025 −35.42M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue775.26M HKD1.01B HKD1.16B HKD978.1M HKD744.07M HKD
Cost of goods sold635.65M HKD820.06M HKD937.49M HKD776.64M HKD610.56M HKD
Gross profit139.61M HKD187.49M HKD222.72M HKD201.46M HKD133.51M HKD
Selling, general, and administrative172.58M HKD185.32M HKD168.8M HKD149.72M HKD146.23M HKD
Operating expenses167.32M HKD174.1M HKD155.44M HKD139.49M HKD144.32M HKD
Interest income2.08M HKD4.99M HKD1.33M HKD635K HKD397K HKD
Interest expense10.31M HKD6.68M HKD11.17M HKD11.18M HKD6.91M HKD
Depreciation and amortization30.57M HKD13.69M HKD26.91M HKD22.95M HKD20.85M HKD
Operating income−31.26M HKD13.39M HKD67.28M HKD61.97M HKD−10.81M HKD
Net income−35.42M HKD8.56M HKD47.15M HKD45.42M HKD−10.58M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.03

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.080.03-0.02-0.07Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q2 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual -0.01, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.001, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 29, 2022: actual 0.001, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 0.045, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 29, 2023: actual 0.022, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 13, 2024: actual 0.025, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual -0.026, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 0.034, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates643.03M528.9M414.77M300.64MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q2 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 325.37M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 418.7M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 29, 2022: actual 417.42M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 560.69M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 29, 2023: actual 565.86M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 13, 2024: actual 594.36M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 389.25M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 618.3M HKD, estimate —, surprise —, Comparison unavailable.

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