Trigiant Group Limited (1300.HK) is presenting massive growth momentum as a turnaround play, primarily driven by technological breakthroughs in the AI data center supply chain, a dramatic shift back to profitability, and soaring top-line revenue. The stock has experienced a multi-fold rally from its 52-week low of HK$0.30.
Capitalizing on the AI Infrastructure Boom
- Core Supply Chain Entry: Trigiant’s subsidiary,
Jiangsu Trigiant Technology, recently secured a partnership breakthrough
by entering the core supply chain of a leading global storage enterprise.
Its specialized feeder (signal cable) products will support heavy
deployment in the AI Data Center (AIDC) intelligent computing sector.
- Massive Growth Momentum: Driven by the booming data
center and AI hardware cycle, first-quarter revenue surged 50.3%
year-on-year to approximately RMB 824.7 million. Gross profit grew even
faster, sky-rocketing 92.7% year-on-year to RMB 118.3 million.
Executing a Strong Financial Turnaround
- Shift to Net Profitability: Trigiant recorded a
substantial net income turnaround of CN¥105.18 million, recovering
decisively from its previous net losses. This rebound was heavily anchored
by stable demand for its Flame-Retardant Flexible Cables and RF Feeder
Cable Series.
- Cleaner Balance Sheet: The group’s credit profile
has significantly improved due to the recovery of legacy trade receivables
from major telecom operators, resulting in minimized asset impairment
losses. Debt obligations remain well-covered by robust operating cash
flows and EBIT.
Removing the reversal of bad debt provision in 2H2025 to arrive at the Core Profit:
- FY2025 1H Core Profit: RMB 24.955 Million
- FY2025 2H Core Profit: RMB 51.051 Million
If this growth
percentage can be sustained, Trigiant's target price will be $15 within the next 12
months.
Prescientsuper
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