We are beginning to see China stocks like Alibaba (BABA) outperform U.S. stocks.
Trio-Tech International (TRT) said on February 13th (and nobody has noticed), "Despite a downturn in revenue, the company highlighted advancements in shipping dynamic tester systems for Silicon Carbide (SiC) and Gallium Nitride (GaN) power modules, which are essential for high-performance power electronics."
TRT went on to say, "Trio-Tech's CEO, S.W. Yong, acknowledged the impact of a softer semiconductor market on the quarter's results but emphasized the company's progress in shipping dynamic tester systems for SiC and GaN power modules. These materials are increasingly favored in industries that prioritize efficiency and thermal management, such as electric vehicles and advanced computing. Yong expressed optimism about the strong global demand for SiC and GaN and the company's engagement with potential new customers."
TRT here at $6 per share has 4.25 million shares outstanding for a market cap of $25.5 million with net cash of $14.52 million for an enterprise value of $10.98 million or 0.28x revenue of $38.56 million!
EVs are huge in China, much bigger than in the U.S., so we expect these SiC and GaN power module test systems to become an increasingly important part of TRT's business!
TRT will explode to new 52-week highs very quickly!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.
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