CSIMarket
 
Trio tech International  (TRT)
Other Ticker:  
 
 
Price: $5.8268 $0.10 1.778%
Day's High: $5.87 Week Perf: 1.34 %
Day's Low: $ 5.71 30 Day Perf: 17 %
Volume (M): 10 52 Wk High: $ 8.62
Volume (M$): $ 59 52 Wk Avg: $5.38
Open: $5.86 52 Wk Low: $4.19



 Market Capitalization (Millions $) 25
 Shares Outstanding (Millions) 4
 Employees 599
 Revenues (TTM) (Millions $) 40
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 4
 Capital Exp. (TTM) (Millions $) 1

Trio Tech International
Trio-Tech International was incorporated in 1958 under the laws of the State of California. Our mailing address and executive offices are located at 16139 Wyandotte Street, Van Nuys, California 91406, and our telephone number is (818) 787-7000.

We operated our business in four segments: manufacturing, testing services, distribution and real estate. Geographically, we operate in the U.S., Singapore, Malaysia, Thailand and China. We operate six testing services facilities; one in the United States and five in Southeast Asia. We operate two manufacturing facilities: one in the United States and the other in Southeast Asia. Our distribution segment and real estate segment operate primarily in Southeast Asia. Our major customers are concentrated in Southeast Asia and they are either semiconductor chip manufacturers or testing facilities that purchase testing equipment.

Our core business is and historically has been in the semiconductor industry (testing services, manufacturing and distribution). Revenue from this industry accounted for 99.5% of our revenue for both fiscal years 2015 and 2014, respectively. The semiconductor industry has experienced periods of rapid growth, but has also experienced downturns, often in connection with, or in anticipation of, maturing product cycles of both semiconductor companies’ and their customers’ products and declines in general economic conditions. To reduce our risks associated with sole industry focus and customer concentration, the Company expanded its business into the real estate investment and oil and gas equipment fabrication businesses in 2007 and 2009, respectively. The Company’s Indonesia operation and the Indonesia operation’s immediate holding company, which comprise the fabrication services segment, suffered continued operating losses since it commenced its operations, and the cash flow was minimal in the past years. The Company established a restructuring plan to close the fabrication services operation, and in accordance with ASC Topic 205, Presentation of Financial Statement Discontinued Operations (“ASC Topic 205”), the Company presented the operation results from fabrication services as a discontinued operation. Real Estate segment contributed only 0.5% to the total revenue and has been insignificant since the property market in China has slow down due to cooling measures in China.

To achieve our strategic plan for our semiconductor business, we believe that we must pursue and win new business in the following areas:

Primary markets – Capturing additional market share within our primary markets by offering superior products and services to address the needs of our major customers.

Growing markets – Expanding our geographic reach in areas of the world with significant growth potential.

New markets – Developing new products and technologies that serve wholly new markets.

Complementary strategic relationships – Through complementary acquisitions or similar arrangements, we believe we can expand our markets and strengthen our competitive position. As part of our growth strategy, the Company continues to selectively assess opportunities to develop strategic relationships, including acquisitions, investments and joint development projects with key partners and other businesses.



   Company Address: Block 1008 Toa Payoh North 318996
   Company Phone Number: 6265 3300   Stock Exchange / Ticker: NYSE TRT
   


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Trio Tech International

Trio Tech International Reports Consistent EPS Amidst Volatile Market Conditions in Q4 2023



Trio Tech International recently released its financial results for the period ending December 31, 2023. While the company's earnings per share (EPS) remained steady compared to the previous year, there were both positive and negative developments in its revenue, bottom-line, profitability margins, and inventory.
EPS Stability:
Despite facing various challenges, Trio Tech International managed to maintain an EPS of $0.12 per share, the same as the previous year. This consistency highlights the company's ability to navigate through the volatile market conditions.

Trio Tech International

The Industrial Machinery and Components company, Trio Tech International (TRT), experiences a substantial 27.886% revenue decline during fiscal Q4 of 2023, indicating a worrisome trend.



The stock market is a space where investors closely follow the performance of companies to make informed investment decisions. One such company that recently experienced a decline in revenue and income is Trio Tech International (TRT). The fiscal period closing on June 30, 2023, saw a significant deterioration in TRT's financials, showcasing several interesting facts worth discussing.
Revenue and Earnings Decline:
TRT's revenue declined by a staggering 27.886% in fiscal year 2023, leading to a sharp deterioration in their income by 78.96%. The company recorded earnings of $8.53 million in revenue for this period, compared to $11.83 million the year prior. Similarly, the earnings per share (EPS) dropped from $0.19 to $0.04 per share, painting a grim financial picture.

Trio Tech International

Trio Tech International Faces Revenue Softness in Third Quarter of 2023

Trio Tech International, a company operating in the Capital Goods sector, recently released their financial results for the third quarter of the 2023 earnings season. The results show that they have experienced a decline in their ability to collect accounts receivable sequentially, as indicated by their score of 3.55. This suggests that the business environment has become more challenging compared to the previous quarter. However, it is still not a cause for concern and is far from a critical situation.
Further analysis of Trio Tech International's financial results reveals that their average receivable collection period has increased to 103 days in the March 31, 2023 quarter. This is a higher figure compared to the previous quarter, which was at 99 days. In comparison to other companies in the Capital Goods sector, Trio Tech International had a lower receivables turnover ratio. Although their overall ranking has deteriorated from 517 to 536, it is not an alarming trend.






 

Trio Tech International's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com