Company Analysis

Trio-Tech International (TRT)

Nasdaq: TRT · Special Industry Machinery, NEC · Van Nuys, CA · filing with the SEC since 1995
Grade4.3
◀ Past 3.0● Present 5.1▶ Future 4.5

The grade of Trio-Tech International

Nine metrics read from its own filings, by tense
Headline grade
4.3/10
◀ Past3.030% of the headline
● Present5.140% of the headline
▶ Future4.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

3.0/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
1.1/10

Has it survived what it has been through?

4 warning events since 2017; the latest 2026-08-19.

weight 33% of this tense · 12th percentile among 13 sector filers · read for itself

From the record

Trio-Tech International's filings since 2017 show 4 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2026-08-19); a material cybersecurity incident (8-K item 1.05, the latest 2026-03-20); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2021-09-28) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.6/10

What has it actually done, year after year?

+14% a year over 6 filed years; profitable in 3 of 6.

weight 45% of this tense · 46th percentile among 13 sector filers · read for its customers

From the record

Trio-Tech International's 6 filed years say what it did: revenue went from $32 million in fiscal 2021 to $63 million in fiscal 2026, up 14% a year; it rose in 2 of 5 years; the deepest fall was 17% from fiscal 2022 to fiscal 2025; net income was positive in 3 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span14.0%top 27% of its family
  • the share of years revenue rosebottom 19% of its family
  • the share of filed years with a profitbottom 35% of its family
  • the deepest fall from a revenue peak17.2%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.6/10

How has it treated the people who own it?

Share count grew 29.3% a year. 0% of cash flow returned. Insiders: 30 sales, 0 purchases.

weight 22% of this tense · 26th percentile among 11 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-06-30, Trio-Tech International's diluted share count grew about 29.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 30 sales and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 12% of its family
  • cash returned against operating cash flowbottom 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.1/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.3/10

Is it financially healthy right now?

ROE 0%: lost 0¢ per shareholder dollar. Leverage 26%: owes 26¢ per asset dollar.

weight 45% of this tense · 33rd percentile among 13 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-30, Trio-Tech International lost about 0 cents for every dollar of shareholders' money, and gross profitability: its products earned about 17 cents per dollar of everything the company owns. Leverage: it owed about 26 cents per dollar of assets, and net share issuance: its share count grew 5.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 42% of its family
  • return on equitybottom 35% of its family
  • gross profit against assetsbottom 27% of its family
  • the share count against the year beforebottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.8/10

How strong is its position in its industry?

bottom 48% of 13 in its family; net margin -0.1%.

weight 33% of this tense · 48th percentile among 13 sector filers · read for its customers

From the record

Trio-Tech International's standing among 13 graded names in its industry family: revenue of $63 million in fiscal 2026 ranks in the bottom 29% by size; a net margin of -0.1% ranks in the bottom 35%; revenue growth of 13.1% a year over the last 3 filed years ranks in the top 19% (its annual reports).

What it rests on

  • revenue against the family$62.6Mbottom 29% of its family
  • net margin-0.1%bottom 35% of its family
  • three-year revenue growth13.1%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
9.3/10

What are the people in charge doing?

top 7% of 12 in its family for leadership; chief executive since 2010.

weight 22% of this tense · 93rd percentile among 12 sector filers · read for its shareholders

From the record

Trio-Tech International's leadership, from its insiders' filings and its current reports: the chief executive on the record is Yong, S W (CHAIRMAN AND CEO, as filed), filing under that title since 2010-12-21, 15.9 years (top 4% of its family); the 6 officers and directors filing in the last fifteen months have been on the record a median of 20.8 years (top 4%); 1 officer or director change was reported on Form 8-K since 2023-11-13, against the 6 people in charge now (top 12%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge1 in three years among 6 peopletop 12% of its family
  • the median years the people in charge have filed20.8 yearstop 4% of its family
  • the chief executive's years on the record15.9 yearstop 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.3/10

How much room does it have to grow?

bottom 33% of 13 in its family for room to expand.

weight 45% of this tense · 33rd percentile among 13 sector filers · read for itself

From the record

Trio-Tech International's room to grow, from the newest filed statements (fiscal 2026): cash of $21 million against debt of $445 thousand leaves 34.6% of its assets as net cash, top 12% of its family; cash from operations less capital spending is 2.7% of revenue (bottom 27%); a gross margin of 16.6% (bottom 12%); research spending of 0.6% of revenue (bottom 4%) (its annual report).

What it rests on

  • cash less debt against assets34.6%top 12% of its family
  • cash from operations less capital spending against revenue2.7%bottom 27% of its family
  • gross margin16.6%bottom 12% of its family
  • research spending against revenue0.6%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.6/10

What could actually drive growth from here?

top 44% of 13 in its family for growth drivers.

weight 33% of this tense · 56th percentile among 13 sector filers · read for its customers

From the record

Trio-Tech International's growth drivers, from the filed years to fiscal 2026: revenue grew 13.1% a year over the last three filed years against 14% over all 6, slowing (top 27% of its family); the newest year grew 71.7% (top 4%); research spending grew 0% a year (bottom 27%); capital spending grew -27.1% a year (bottom 29%) (its annual reports). Trio-Tech International reported 3 product lines in fiscal 2026: Semiconductor Backend Solutions at $49 million (78%), Industrial Electronics at $14 million (22%), Product and Service Other at $33 thousand (0%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-0.9 points a yeartop 27% of its family
  • the newest year's revenue growth71.7%top 4% of its family
  • three-year growth of research spending0.0%bottom 27% of its family
  • three-year growth of capital spending-27.1%bottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.3/10

Did its newest year beat what its own record pointed to?

top 47% of 13 in its family for expectations against reality.

weight 22% of this tense · 53rd percentile among 13 sector filers · read for its shareholders

From the record

Trio-Tech International's newest year against its own record: revenue of $63 million in fiscal 2026 came in 86.9% above the $33 million its prior three years' pace pointed to (top 4% of its family); net income of $34 thousand against a prior three-year average of $851 thousand (bottom 19%); a net margin of -0.1% against 2% before (bottom 42%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace86.9%top 4% of its family
  • net income against the prior three years' average-104%bottom 19% of its family
  • net margin against its prior average-2.0 pointsbottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TRT · research, not advice