Taitron Components Incorporated (TAIT) |
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Price: $3.5400
$0.01
0.283%
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Day's High:
| $3.541
| Week Perf:
| 0.57 %
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Day's Low: |
$ 3.51 |
30 Day Perf: |
-0.84 % |
Volume (M): |
5 |
52 Wk High: |
$ 4.32 |
Volume (M$): |
$ 18 |
52 Wk Avg: |
$3.78 |
Open: |
$3.51 |
52 Wk Low: |
$3.35 |
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Market Capitalization (Millions $) |
21 |
Shares
Outstanding (Millions) |
6 |
Employees |
20 |
Revenues (TTM) (Millions $) |
8 |
Net Income (TTM) (Millions $) |
2 |
Cash Flow (TTM) (Millions $) |
1 |
Capital Exp. (TTM) (Millions $) |
0 |
Taitron Components Incorporated
We are a national distributor of brand name electronic components and supplier
of original designed and manufactured (“ODM”) electronic components
(“ODM Components”), with our product offerings ranging from discrete
semiconductors through small electronic devices. We also offer value-added engineering
and turn-key services, focusing on providing contract electronic manufacturers
(“CEM”s) and original equipment manufacturers (“OEM”s)
with ODM services for their multi-year turn-key projects (“ODM Projects”).
We are incorporated in California, and were originally formed in 1989. We maintain
a majority-owned subsidiary in Mexico (our Mexico subsidiary sales and distribution
operations closed in May 2013) and two divisions in each of Taiwan and China.
Company Address: 28040 West Harrison Parkway Valencia 91355 CA
Company Phone Number: 257-6060 Stock Exchange / Ticker: NASDAQ TAIT
TAIT is expected to report next financial results on November 13, 2023. |
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Customers Net Income grew by |
TAIT's Customers Net Profit Margin grew to |
4.68 % |
13.82 %
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Stock Performances by Major Competitors |
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Universal Security Instruments Inc
Over the past week, shares of Universal Security Instruments Inc have experienced a significant drop of -12.21%. This decline brings the year-to-date performance down to 27.18%. Currently, the stock is trading on the NYSE at -7.8% below its 52-week average. These figures indicate a potential cause for concern among investors. However, it is worth delving deeper into the financial performance of Universal Security Instruments Inc to understand the reasons behind these numbers. For the most recent fiscal period, the company's earnings turned positive, with a reported $0.07 per share. This is a notable improvement from the previous year's earnings of $-0.05 per share. However, profit did experience a significant decline of -43.12% from the previous reporting period's earnings of $0.12 per share. On the revenue front, Universal Security Instruments Inc saw an impressive 44.516% jump to $6.70 million from $4.64 million in the comparable reporting period a year ago. The company's revenue also increased sequentially, showing a 13.007% growth from $5.93 million. These figures indicate a positive trend in terms of revenue generation.
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Avnet Inc
Avnet Inc, a leading provider of electronic parts and equipment, has seen significant growth in its income per share and revenue in the May to July 01, 2023 financial period. The company's income per share increased by 6.33% to $1.80 per share compared to $1.69 a year ago. However, profits fell by -11.5% from $2.03 per share in the prior reporting period. Despite the decrease in profits, Avnet Inc experienced a substantial jump in revenue, with a 30.901% increase to $6.82 billion from $5.21 billion in the corresponding reporting period a year ago. Sequentially, revenue advanced by 4.624% from $6.51 billion.
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Taitron Components Incorporated
Taitron Components Incorporated, an Electronic Parts and Equipment company, has reported a decrease in income and revenue for the most recent fiscal period. Income decreased by 10% from $0.10 per share to $0.09 per share compared to the previous year, and by 30.77% from $0.13 per share from the prior quarter. The decline in revenue was significant, with a decrease of 46.595% to $1.49 million from $2.79 million in the same quarter a year prior. Sequentially, revenue fell by 28.571% from $2.09 million. Furthermore, the bottom-line of $0.531 million in the most recent fiscal period suffered a 13.38% decline from zero gain in the corresponding period a year before. This indicates a decrease in profitability for the company.
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Arrow Electronics Inc
Arrow Electronics Inc experienced a weak second quarter of the 2023 earnings season, with a decline in income and revenue compared to the previous year. The company saw a decrease of -22.41% in income, falling to $4.12 per share, while revenue decreased by -6.167% to $8.51 billion. When comparing these figures sequentially, we see that profits fell by -10.43% from $4.60 per share, and revenue declined by -2.54% from $8.74 billion. This downward trend is concerning for investors, as it indicates a decline in the company's financial performance over time. Net earnings also suffered a significant decrease in the second quarter of 2023, with a drop of -35.03% from $365.996 million in the corresponding period the previous year. This decline further adds to the overall negative performance of Arrow Electronics Inc during this period.
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Richardson Electronics Ltd
Richardson Electronics Ltd, a leading Electronic Parts and Equipment company, has recently released its financial results for the fiscal period closing on May 27, 2023. The company has witnessed a decline in various key financial indicators, raising concerns about its future performance. This article explores the impact of these results on Richardson Electronics Ltd and discusses the potential implications for the company going forward. 1. Declining Earnings and Income: During the fiscal period closing May 27, 2023, Richardson Electronics Ltd experienced a significant decrease in earnings per share (EPS), plummeting by -54.63% to $0.31 per share compared to $0.68 per share from the previous year. Additionally, the company's income faded by -29.46% from $0.44 per share in the preceding reporting period. These downward trends in earnings and income signal potential challenges for Richardson Electronics Ltd's profitability and financial stability.
|
Per Share |
Current |
Earnings (TTM) |
0.31 $ |
Revenues (TTM) |
1.27 $
|
Cash Flow (TTM) |
0.16 $ |
Cash |
1.38 $
|
Book Value |
2.79 $
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Dividend (TTM) |
0.2 $ |
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Per Share |
|
Earnings (TTM) |
0.31 $
|
Revenues (TTM) |
1.27 $ |
Cash Flow (TTM) |
0.16 $ |
Cash |
1.38 $
|
Book Value |
2.79 $ |
Dividend (TTM) |
0.2 $ |
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