Trio-tech International
TRIO-TECH INTERNATIONAL is classified under Industrials / Industrial Machinery & Equipment and appears profitable on the latest normalized snapshot.
Business. TRIO-TECH INTERNATIONAL (NYSE: TRT) is an industrial machinery and equipment company that operates within the Industrial Goods sector. The firm generates revenue primarily through the sale of industrial products. Specific details regarding its operating segments and geographic presence are not provided in the available data. The company is publicly listed on the New York Stock Exchange under the ticker symbol TRT.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
1Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsFY 2026 earnings (expected)2026-08-09 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Trio-tech International (TRT) has undergone a comprehensive revision of its internal analytical framework, with the most material change being a significant update to its AI-driven narrative, business summary, and key takeaways. This overhaul, sourced from the "ha_light_thesis" model, indicates a fundamental shift in how the company's operational profile and strategic outlook are being interpreted, rather than a change in external market events. The revisions are substantial, with the narrative and conclusion sections showing a similarity score of only 0.023 compared to prior versions, suggesting a near-total rewrite of the core thesis. Additionally, the business summary was revised with a similarity score of 0.345, and the key takeaways were adjusted with six additions and eight removals, reflecting a refined focus on specific operational drivers. Despite these internal analytical shifts, there are no external watcher signals or new material events reported in the cross-source data. The company continues to operate without analyst coverage or index membership, and its officer count remains at zero in the current dataset, highlighting a lack of traditional market scrutiny or public executive reporting in this snapshot. This synthesis matters because it underscores a divergence between internal analytical reassessment and external market activity. With no new dispatches recorded in the 30-day window leading up to mid-July 2026, the changes appear to be driven by internal model updates rather than new public filings or market-moving news, leaving the company's public profile largely static despite the internal narrative overhaul.
Signals & dispatch
Composite-score breakdown
Synthesis
TRIO-TECH INTERNATIONAL (NYSE: TRT) is an industrial machinery and equipment company that operates within the Industrial Goods sector. The firm generates revenue primarily through the sale of industrial products. Specific details regarding its operating segments and geographic presence are not provided in the available data. The company is publicly listed on the New York Stock Exchange under the ticker symbol TRT.
TRIO-TECH INTERNATIONAL (TRT) is currently classified as Industrial Machinery within Industrial Machinery & Equipment (Industrials). Classification confidence: 0.70 (rule-based classification). Capital structure on the latest snapshot: total assets 44,715,000 USD, total equity 34,325,000, short-term debt 0, long-term debt 0. Net cash position is approximately 15,528,000 USD. Self-calculated market cap is 114,546,250 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 0, gross profit 7,638,000, operating income 62,000, net income 165,000. Return on equity ~0.5%. Return on assets ~0.4%. Operating-cash-flow to net-income ratio is 14.05. Risk profile from automated assessment: liquidity risk low, dilution risk high. Flags: Diluted share count is moderately above the basic share count.; Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] 8-K: 8-K (sec_8k_material) on TRT — filing_type=8-K; max_severity=medium; ignored_items=['9.01']; material_items=['5.03']; all_items_found=['5.03', '9.01']; severity_per_code={'5.03': 'medium'}; contributing_watchers=sec_8k_material (source=sec_8k_material; url=0001437749-26-023298). Additional context: 8-K: filing_type=8-K; max_severity=medium; ignored_items=['9.01']; material_items=['5.03']; all_items_found=['5.03', '9.01']; severity_per_code={'5.03': 'medium'}; contributing_watchers=sec_8k_material.
Trio-tech International (TRT) has undergone a comprehensive revision of its internal analytical framework, with the most material change being a significant update to its AI-driven narrative, business summary, and key takeaways. This overhaul, sourced from the "ha_light_thesis" model, indicates a fundamental shift in how the company's operational profile and strategic outlook are being interpreted, rather than a change in external market events. The revisions are substantial, with the narrative and conclusion sections showing a similarity score of only 0.023 compared to prior versions, suggesting a near-total rewrite of the core thesis. Additionally, the business summary was revised with a similarity score of 0.345, and the key takeaways were adjusted with six additions and eight removals, reflecting a refined focus on specific operational drivers. Despite these internal analytical shifts, there are no external watcher signals or new material events reported in the cross-source data. The company continues to operate without analyst coverage or index membership, and its officer count remains at zero in the current dataset, highlighting a lack of traditional market scrutiny or public executive reporting in this snapshot. This synthesis matters because it underscores a divergence between internal analytical reassessment and external market activity. With no new dispatches recorded in the 30-day window leading up to mid-July 2026, the changes appear to be driven by internal model updates rather than new public filings or market-moving news, leaving the company's public profile largely static despite the internal narrative overhaul.
- Observed GAAP P/E is about 694.22x.
- Return on equity is about 0.5%.
- Debt to equity is about 0.0x.
- [TRIGGER] 8-K: 8-K (sec_8k_material) on TRT — filing_type=8-K; max_severity=medium; ignored_items=['9.01']; material_items=['5.03']; all_items_found=['5.03', '9.01']; severity_per_code={'5.03': 'medium'}; contributing_watchers=sec_8k_material (source=sec_8k_material; url=0001437749-26-023298)
- In light of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, the following factors, among others, could cause actual results to differ materially from those reflected in any forward-looking statements made by or on behalf of the Company: market acceptance of Company products and services; changing business conditions or technologies and volatility in the semiconductor industry, which could affect demand for the Company’s products and services; the impact of competition; problems with technology; product development schedules; delivery schedules; changes in military or commercial testing specifications which could affect the market for the Company’s products and services; difficulties in profitably integrating acquired businesses, if any, into the Company; or the divestiture in the future of one or more business segments; risks associated with conducting business internationally and especially in Asia, including currency fluctuations and devaluation, currency restrictions, local laws and restrictions and possible social, political and economic instability; changes in U.S.
- and China; inflation; the war in Ukraine and Russia, the ongoing conflict between Israel and Hamas; other economic, financial and regulatory factors beyond the Company’s control and uncertainties relating to our ability to operate our business in China; uncertainties regarding the enforcement of laws and the fact that rules and regulation in China can change quickly with little advance notice, along with the risk that the Chinese government may intervene or influence our operation at any time, or may exert more control over offerings conducted overseas and/or foreign investment in China-based issuers could result in a material change in our operations, financial performance and/or the value of our common stock, no par value (“Common Stock”), or impair our ability to raise money.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Operating income $62.0k.
- ▍Operating income $62.0k
Operating income $143.0k.
- ▍Operating income $143.0k
Operating income $46.0k.
- ▍Operating income $46.0k
Operating income $254.0k.
- ▍Operating income $254.0k
Operating income $1.1M.
- ▍Operating income $1.1M
Operating income $1.1M.
- ▍Operating income $1.1M
Operating income $2.2M.
- ▍Operating income $2.2M
Operating income $2.2M.
- ▍Operating income $2.2M
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Diluted share count is moderately above the basic share count.
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- CHIEF FINANCIAL OFFICER · Common Stock (Right to Buy) → Common StockDisposed 3 000 @ $2,59exercise · 2026-07-27
- CHIEF FINANCIAL OFFICER · Common Stock (Right to Buy) → Common StockDisposed 3 002 @ $2,44exercise · 2026-07-27
- SR CORP VP AND COO (TESTING) · Common Stock (Right to Buy) → Common StockAcquired 5 000 @ $9,74grant · 2026-07-07
- CHIEF FINANCIAL OFFICER · Common Stock (Right to Buy) → Common StockAcquired 5 000 @ $9,74grant · 2026-07-07
- Director · Common Stock (Right to Buy) → Common StockDisposed 70 000 @ $3,11exercise · 2026-06-23
- Director · Common Stock (Right to Buy) → Common StockDisposed 70 094 @ $2,57exercise · 2026-05-29
- Director · Common Stock (Right to Buy) → Common StockDisposed 40 000 @ $3,88exercise · 2026-05-28
- Director · Common Stock (Right to Buy) → Common StockDisposed 39 750 @ $2,25exercise · 2026-05-18
- SR CORP VP AND COO (TESTING) · Common Stock (Right to Buy) → Common StockDisposed 5 000 @ $2,62exercise · 2026-04-29
- SR CORP VP AND COO (TESTING) · Common Stock (Right to Buy) → Common StockDisposed 15 010 @ $2,44exercise · 2026-04-29
- SR CORP VP AND COO (TESTING) · Common Stock (Right to Buy) → Common StockDisposed 18 776 @ $2,51exercise · 2026-04-29
- SR CORP VP AND COO (TESTING) · Common Stock (Right to Buy) → Common StockDisposed 8 000 @ $2,59exercise · 2026-04-29
- SR CORP VP AND COO (TESTING) · Common Stock (Right to Buy) → Common StockDisposed 3 000 @ $3,88exercise · 2026-04-29
- SR CORP VP AND COO (TESTING) · Common Stock (Right to Buy) → Common StockDisposed 10 016 @ $3,09exercise · 2026-04-29
- CHIEF FINANCIAL OFFICER · Common Stock (Right to Buy) → Common StockDisposed 7 015 @ $3,09exercise · 2026-02-25
- Director, 10% owner · Common Stock (Right to Buy) → Common StockDisposed 40 056 @ $2,64exercise · 2026-02-17
- Director, PRESIDENT AND CEO, 10% owner · TRT Common Stock (Right to buy) → Common StockDisposed 80 111 @ $2,64exercise · 2026-01-27
- Director, CHAIRMAN AND CEO, 10% owner · Common Stock (Right to Buy) → Common StockAcquired 80 000 @ $6,92grant · 2026-01-09
- Director · Common Stock (Right to Buy) → Common StockAcquired 70 000 @ $6,92grant · 2026-01-09
- Director · Common Stock (Right to Buy) → Common StockAcquired 60 000 @ $6,92grant · 2026-01-09
- Director, 10% owner · Common Stock (Right to Buy) → Common StockAcquired 70 000 @ $6,92grant · 2026-01-09
- Director · Common Stock → Common StockDisposed 20 000 @ $5,27exercise · 2025-10-13
- CHIEF FINANCIAL OFFICER · Common Stock (Right to Buy) → Common StockDisposed 4 500 @ $4,88exercise · 2025-10-13
- CHIEF FINANCIAL OFFICER · Common Stock (Right to Buy) → Common StockDisposed 3 500 @ $5,01exercise · 2025-10-13
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Market Capmarket_price * shares_outstanding_diluted
- Return On Assetsnet_income / total_assets
- Price To Tangible Bookmarket_price / (tangible_book_value / shares_outstanding_diluted)
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Enterprise Valuemarket_cap - net_cash
- TRIO-TECH INTERNATIONAL company facts · 2026-07-11
- TRIO-TECH INTERNATIONAL 10-Q 2026-05-14 · 2026-07-11
- TRIO-TECH INTERNATIONAL 10-Q 2026-02-13 · 2026-07-11
- TRIO-TECH INTERNATIONAL 10-Q 2025-11-14 · 2026-07-11
- TRIO-TECH INTERNATIONAL 10-K 2025-09-19 · 2026-07-11
- 8-K (sec_8k_material) on TRT · 2026-07-11
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2025-12-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Insider activity
- CHIEF FINANCIAL OFFICER · TRT Common StockOther 3 000 @ $2,59$8K · 2026-07-27
- CHIEF FINANCIAL OFFICER · TRT Common StockOther 3 002 @ $2,44$7K · 2026-07-27
- Director · Common StockOther 70 000 @ $3,11$218K · 2026-06-23
- Director · Common StockSold 5 000 @ $14,88$74K · 2026-06-19
- Director · Common StockSold 5 000 @ $15,84$79K · 2026-06-18
- Director · Common StockOther 40 000 @ $3,88$155K · 2026-05-28
- Director · Common StockOther 70 094 @ $2,57$180K · 2026-05-28
- Director · TRT Common StockSold 17 200 @ $16,65$286K · 2026-05-26
- Director · Common StockSold 9 358 @ $14,01$131K · 2026-05-19
- Director · Common StockSold 5 617 @ $13,97$78K · 2026-05-19
- Director · Common StockSold 5 000 @ $14,87$74K · 2026-05-18
- Director · Common StockSold 10 000 @ $16,57$166K · 2026-05-18
- Director · Common StockSold 10 000 @ $18,11$181K · 2026-05-18
- Director · Common StockSold 10 000 @ $18,76$188K · 2026-05-18
- Director · Common StockOther 39 750 @ $2,25$89K · 2026-05-18
- Director, 10% owner · Common StockSold 67 500 @ $18,10$1,2M · 2026-05-18
- SR CORP VP AND COO (TESTING) · TRT Common StockOther 18 776 @ $2,51$47K · 2026-04-29
- SR CORP VP AND COO (TESTING) · TRT Common StockOther 5 000 @ $2,62$13K · 2026-04-29
- SR CORP VP AND COO (TESTING) · TRT Common StockOther 10 016 @ $3,09$31K · 2026-04-29
- SR CORP VP AND COO (TESTING) · TRT Common StockOther 8 000 @ $2,59$21K · 2026-04-29
- SR CORP VP AND COO (TESTING) · TRT Common StockOther 3 000 @ $3,88$12K · 2026-04-29
- SR CORP VP AND COO (TESTING) · TRT Common StockOther 15 010 @ $2,44$37K · 2026-04-29
- Director · TRT Common StockSold 2 000 @ $7,13$14K · 2026-04-20
- Director · TRT Common StockSold 3 800 @ $7,08$27K · 2026-04-17
- Director · Common StockSold 4 000 @ $7,04$28K · 2026-04-16
Short positioning
Geographic breakdown
Intel & risk
no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)
- Narrative— → —medium
- Business summary— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium
Evidence & claims
From filings & derived data- Total assets (YoY) (2025-12-31 vs 2024-12-31): 14.9%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 84.8%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 5.2%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -25.7%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 20.2%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.42xDerived (calculated)
- Current ratio (FY 2025-12-31): 2.96xDerived (calculated)
- Long-term debt (annual): USD 581KSEC XBRL filing
- Total assets (annual): USD 45.73MSEC XBRL filing
- Shares outstanding (annual): 8.74MSEC XBRL filing
- Total liabilities (annual): USD 13.99MSEC XBRL filing
- Shareholders' equity (annual): USD 33.51MSEC XBRL filing
- Current liabilities (annual): USD 11.7MSEC XBRL filing
- Current assets (annual): USD 34.68MSEC XBRL filing
- Cash & equivalents (annual): USD 12.4MSEC XBRL filing
- Net income (YoY) (2025-06-30 vs 2024-06-30): -103.9%Derived (calculated)
- Operating income (YoY) (2025-06-30 vs 2024-06-30): -76.8%Derived (calculated)
- EPS (diluted) (YoY) (2025-06-30 vs 2024-06-30): -104.2%Derived (calculated)
- EPS (basic) (YoY) (2025-06-30 vs 2024-06-30): -104.0%Derived (calculated)
- Gross profit (YoY) (2025-06-30 vs 2024-06-30): -15.0%Derived (calculated)
- R&D expense (YoY) (2025-06-30 vs 2024-06-30): -2.0%Derived (calculated)
- Capex (YoY) (2025-06-30 vs 2024-06-30): 78.4%Derived (calculated)
- Operating cash flow (YoY) (2025-06-30 vs 2024-06-30): -86.3%Derived (calculated)
- Cost of revenue (YoY) (2025-06-30 vs 2024-06-30): -13.4%Derived (calculated)