FIT Hon Teng Limited logo

FIT Hon Teng Limited

6088.HK

HKSETechnologyHardware, Equipment & Parts

Latest quote

HK$4.84

−HK$0.21 · -4.16%

Aug 24, 11:03 AM HKT

6088.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

FIT Hon Teng Limited is an international company engaged in the conceptualization, production, and sale of advanced connectivity solutions and associated items. Its market reach extends across Taiwan, mainland China, the United States, Hong Kong, Malaysia, Singapore, and various other global regions. The company's operations are divided into two primary divisions: Intermediate Products and Consumer Products. Within the Intermediate Products segment, FIT Hon Teng supplies an extensive portfolio of cable components, including various input/output cable assemblies, wiring harnesses, and power cords. It also manufactures a wide selection of connector components such as backplane, high-speed, input/output, and power connectors, in addition to memory/edge cards, sockets, terminal blocks, and both wire-to-board and board-to-board connectors. Furthermore, this segment offers radio frequency antenna cable and module assemblies, along with wireless charging technologies and their constituent parts. Beyond its core interconnect business, the company is involved in the research, development, and manufacturing of batteries, the fabrication of metal processing machinery, and the distribution of smart home devices. Its Consumer Products offerings include accessories like headsets, speaker systems, and diverse power and cable accessories. FIT Hon Teng markets its products under well-known brands such as Belkin, Linksys, Wemo, and Phyn. It caters to a broad spectrum of industries, including communications infrastructure, computing and consumer electronics, mobile and wireless devices, the automotive sector, and industrial and medical applications. Established in 2013 and based in New Taipei City, Taiwan, the company was originally known as New Wing International Holdings Limited before officially rebranding as FIT Hon Teng Limited in June of that year. It operates as a subsidiary of Foxconn (Far East) Limited.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
TW
CEO
Sung-Ching Lu
Listed since
Jul 13, 2017
Employees
79,000

Market position

Day range

Current HK$4.84

52-week range

Current HK$4.84

Open
HK$5.05
Previous close
HK$5.05
Volume
9.49M
0.16× average
Average volume
60.46M
Average daily volume
Market cap
34.42B HKD
Beta
1.51
Market reference 1
50-day average
HK$6.0739
-20.31% below average
200-day average
HK$6.3063
-23.25% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.32B USD
P/E (TTM)
27.08×
P/B (TTM)
1.6×
P/S (TTM)
0.85×
EV / EBITDA
10.75×
Earnings yield
3.46%
Free cash flow yield
-4.34%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
19.15%
Operating margin
4.99%
Net margin
3.13%
Return on equity
5.83%
Return on assets
2.63%
Return on invested capital
4.09%

Financial health

Debt / equity
0.87×
Current ratio
1.37×
Altman Z-score
2.65
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends21%15%8%1%Gross margin, FY2021: 14.99%Gross margin, FY2022: 16.95%Gross margin, FY2023: 19.24%Gross margin, FY2024: 19.74%Gross margin, FY2025: 18.90%Operating margin, FY2021: 3.93%Operating margin, FY2022: 6.78%Operating margin, FY2023: 6.26%Operating margin, FY2024: 7.34%Operating margin, FY2025: 5.74%Net margin, FY2021: 3.06%Net margin, FY2022: 3.74%Net margin, FY2023: 3.07%Net margin, FY2024: 3.45%Net margin, FY2025: 3.12%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 14.99%. Gross margin FY2022 16.95%. Gross margin FY2023 19.24%. Gross margin FY2024 19.74%. Gross margin FY2025 18.90%. Operating margin FY2021 3.93%. Operating margin FY2022 6.78%. Operating margin FY2023 6.26%. Operating margin FY2024 7.34%. Operating margin FY2025 5.74%. Net margin FY2021 3.06%. Net margin FY2022 3.74%. Net margin FY2023 3.07%. Net margin FY2024 3.45%. Net margin FY2025 3.12%.

Income trends

Revenue

5B USD+12.39%

Operating income

286.93M USD-12.19%

Net income

156.06M USD+1.51%
Income trends across reported periods5.49B USD3.54B USD1.59B USD−358.42M USDRevenue, FY2021: 4.49B USDRevenue, FY2022: 4.53B USDRevenue, FY2023: 4.2B USDRevenue, FY2024: 4.45B USDRevenue, FY2025: 5B USDOperating income, FY2021: 176.67M USDOperating income, FY2022: 307.38M USDOperating income, FY2023: 262.83M USDOperating income, FY2024: 326.76M USDOperating income, FY2025: 286.93M USDNet income, FY2021: 137.63M USDNet income, FY2022: 169.62M USDNet income, FY2023: 128.97M USDNet income, FY2024: 153.73M USDNet income, FY2025: 156.06M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.49B USD. Revenue FY2022 4.53B USD. Revenue FY2023 4.2B USD. Revenue FY2024 4.45B USD. Revenue FY2025 5B USD. Operating income FY2021 176.67M USD. Operating income FY2022 307.38M USD. Operating income FY2023 262.83M USD. Operating income FY2024 326.76M USD. Operating income FY2025 286.93M USD. Net income FY2021 137.63M USD. Net income FY2022 169.62M USD. Net income FY2023 128.97M USD. Net income FY2024 153.73M USD. Net income FY2025 156.06M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue5B USD4.45B USD4.2B USD4.53B USD4.49B USD
Cost of goods sold4.06B USD3.57B USD3.39B USD3.76B USD3.82B USD
Gross profit945.66M USD878.65M USD807.14M USD767.84M USD673.01M USD
Research and development367.63M USD330.08M USD307.66M USD295.71M USD300.85M USD
Selling, general, and administrative368.24M USD372.98M USD295.47M USD222.7M USD265.9M USD
Operating expenses658.73M USD551.89M USD544.31M USD460.45M USD496.34M USD
Interest income23.72M USD26.37M USD30.12M USD16.9M USD10.98M USD
Interest expense71.8M USD74.38M USD63.37M USD30.57M USD12.72M USD
Depreciation and amortization256.46M USD193.29M USD220.3M USD212.62M USD223.9M USD
Operating income286.93M USD326.76M USD262.83M USD307.38M USD176.67M USD
Net income156.06M USD153.73M USD128.97M USD169.62M USD137.63M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
44%
4 beats, 5 misses, 0 met estimates
Average EPS surprise
+8.43%
9 comparable reports
Latest EPS result
0.04
Estimate 0.08 · Miss by 46.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.210.120.04-0.05Q4 '23No estimateQ2 '24MissQ4 '24No estimateQ2 '25MissQ3 '25MissQ1 '26MissQ3 '26MissQ1 '27Estimate
Q4 2023, reported Nov 9, 2023: actual -0.01, estimate —, surprise —, Comparison unavailable. Q2 2024, reported May 9, 2024: actual 0.152, estimate 0.168, surprise -9.47%, Miss. Q4 2024, reported Nov 13, 2024: actual 0.036, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 8, 2025: actual 0.133, estimate 0.155, surprise -14.54%, Miss. Q3 2025, reported Aug 12, 2025: actual 0.035, estimate 0.079, surprise -55.55%, Miss. Q1 2026, reported Mar 12, 2026: actual 0.14, estimate 0.156, surprise -10.02%, Miss. Q3 2026, reported Aug 10, 2026: actual 0.042, estimate 0.078, surprise -46.00%, Miss. Q1 2027, reported Mar 18, 2027: actual —, estimate 0.157, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates25.33B18.93B12.52B6.12BQ4 '23BeatQ2 '24BeatQ4 '24BeatQ2 '25MissQ3 '25MissQ1 '26BeatQ3 '26MissQ1 '27Estimate
Q4 2023, reported Nov 9, 2023: actual 13.98B HKD, estimate 7.2B HKD, surprise +94.05%, Beat. Q2 2024, reported May 9, 2024: actual 18.83B HKD, estimate 9.77B HKD, surprise +92.73%, Beat. Q4 2024, reported Nov 13, 2024: actual 16.14B HKD, estimate 9.74B HKD, surprise +65.79%, Beat. Q2 2025, reported May 8, 2025: actual 18.52B HKD, estimate 19.34B HKD, surprise -4.20%, Miss. Q3 2025, reported Aug 12, 2025: actual 18.09B HKD, estimate 19.36B HKD, surprise -6.53%, Miss. Q1 2026, reported Mar 12, 2026: actual 21B HKD, estimate 20.33B HKD, surprise +3.29%, Beat. Q3 2026, reported Aug 10, 2026: actual 19.58B HKD, estimate 20.53B HKD, surprise -4.63%, Miss. Q1 2027, reported Mar 18, 2027: actual —, estimate 23.98B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.07

2019 complete year+48.9% since 2017

Corporate action history

Dividend

Ex-dividend Jun 25, 2019

HK$0.07

Annual

Record Jun 26, 2019 · Payment Jul 19, 2019

Dividend

Ex-dividend Jul 4, 2018

HK$0.055

Annual

Record Jul 5, 2018 · Payment Jul 20, 2018

Dividend

Ex-dividend Nov 9, 2017

HK$0.047

Annual

Record Nov 10, 2017 · Payment Nov 30, 2017

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