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Hong Kong-headquartered maker of custom copper and optical cable assemblies, digital cables and servers; Luxshare-controlled.
Hong Kong-headquartered maker of custom copper and optical cable assemblies, digital cables and servers; Luxshare-controlled.
Builds cable assemblies to each customer's design under contract manufacturing, so revenue follows orders from telecom, data-centre, industrial and medical customers rather than fixed prices. Server assembly and trading add a lower-margin line, and ties to Luxshare widen its reach into larger interconnect programmes.
Moat: narrow (customer qualification, scale). Custom assemblies are qualified customer by customer, and Luxshare ties widen its interconnect portfolio.
Headquarters: Hong Kong, China · Employees: 7,835
Size Time Interconnect Technology (1729.HK) is a Hong Kong Industrials company (Electrical Products) with a market value of $2.84B, the 349th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$9.96 on 6 Nov 2026.
Performance Over six months the shares fell 56.9%, against -29.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 84.0% over the last twelve months (peer median +15.4%); the operating margin is 7.3% (peer median 9.8%).
Valuation It trades at 10.8× forward earnings against a peer median of 19.4× (3rd cheapest of 18).
Capital Return on invested capital runs 5.5 points above its cost of capital (8.1% WACC).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | HK$17.6B | HK$12.4B | HK$7.39B | HK$6.43B | HK$3.59B |
| Revenue growth | — | +68% | +15% | +79% | — |
| Gross profit | HK$2.09B | HK$1.47B | HK$1.08B | HK$907M | HK$583M |
| EBITDA | HK$1.53B | HK$1.07B | HK$673M | HK$647M | HK$281M |
| Net income | HK$1.30B | HK$784M | HK$464M | HK$370M | HK$168M |
| Free cash flow | -HK$1.79B | HK$449M | HK$836M | HK$901M | HK$114M |
| Capital expenditure | HK$268M | HK$147M | HK$180M | HK$80.5M | HK$59.4M |
| Total debt | n/a | HK$3.54B | HK$1.60B | HK$3.63B | HK$1.17B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Time Interconnect Technology 1729.HK | $2.84B | -57% | +84% | 7% | 10.8× | n/a |
| Amphenol APH | $184B | +21% | +58% | 29% | 21.6× | 15.7% |
| TE Connectivity TEL | $59.5B | +1% | +15% | 22% | 15.1× | 8.2% |
| Cheng Uei Precision Industry 2392.TW | $499M | -8% | -10% | -12% | n/a | n/a |
| Lotes 3533.TW | $5.39B | -36% | +13% | 28% | 17.6× | 1.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 1729.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -38.4% | -8.2% | 2nd lowest of 21 |
| 6-month return | -56.9% | -29.7% | lowest of 21 |
| Distance from 52-week high | -59.7% | -48.4% | 4th lowest of 21 |
| Revenue growth (TTM) | +84.0% | +15.4% | 2nd highest of 21 |
| Operating margin | 7.3% | 9.8% | 9th lowest of 21 |
| Forward P/E | 10.8× | 19.4× | 3rd cheapest of 18 |
| ROIC minus cost of capital | +5.5 pp | -1.6 pp | 5th highest of 21 |
| EV / EBITDA | 14.4× | 24.2× | 3rd cheapest of 5 |
| Net debt / EBITDA | -0.2× | 0.7× | 2nd least indebted of 5 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Time Interconnect Technology 1729.HK | Hong Kong | $2.84B | -57% | +84% | 7% | 10.8× | n/a | n/a |
| Mabuchi Motor 6592.T | Japan | $2.84B | +18% | +12% | 12% | 17.9× | 5.8% | +11.5% |
| Zhuhai CosMX Battery 688772.SS | China | $2.88B | +2% | +18% | -2% | 144.1× | n/a | n/a |
| Ming Yang Smart Energy 601615.SS | China | $2.80B | -47% | +8% | -4% | 19.4× | n/a | n/a |
| Shenzhen Senior Technology Material 300568.SZ | China | $2.80B | -23% | +45% | 10% | 27.4× | n/a | n/a |
| Shijiazhuang Shangtai Technology 001301.SZ | China | $2.80B | -16% | +34% | 13% | 16.6× | n/a | n/a |
| Tianneng Battery 688819.SS | China | $2.79B | -37% | +2% | 0% | 10.9× | -7.9% | +5.4% |
| Fortior Technology (Shenzhen) 688279.SS | China | $2.76B | 0% | +46% | 25% | 62.7× | n/a | n/a |
| Qingdao Hanhe Cable 002498.SZ | China | $2.74B | -37% | +21% | 3% | 18.3× | n/a | n/a |
| Zhongshan Broad-Ocean Motor 002249.SZ | China | $2.73B | -21% | +1% | 6% | n/a | 7.7% | +9.5% |
| TDG 600330.SS | China | $2.96B | -43% | +21% | -19% | 320.4× | n/a | n/a |
| Shenzhen Woer Heat-Shrinkable Material 002130.SZ | China | $2.98B | -37% | +20% | 15% | 16.4× | 1.8% | +15.6% |
| Daming Electronics 603376.SS | China | $2.71B | -22% | +110% | 9% | n/a | n/a | n/a |
| Schneider Electric Infrastructure SCHNEIDER.NS | India | $2.69B | -21% | +10% | 10% | 76.0× | 56.2% | +17.4% |
| Weihai Guangwei Composites 300699.SZ | China | $2.68B | -35% | +12% | 16% | 45.8× | 13.8% | +6.2% |
| GS Yuasa 6674.T | Japan | $2.67B | -33% | +6% | 10% | 9.9× | n/a | n/a |
| Huaming Power Equipment 002270.SZ | China | $2.66B | -19% | +7% | 32% | 22.3× | 5.9% | +12.3% |
| Baoding Tianwei Baobian Electric 600550.SS | China | $2.65B | -36% | +13% | 4% | n/a | 45.5% | +7.1% |
| Luster LightTech 688400.SS | China | $2.63B | -37% | +10% | 0% | 28.1× | 56.8% | +10.7% |
| Sanil Electric 062040.KS | South Korea | $2.62B | -56% | +29% | 36% | 17.1× | 15.1% | +50.8% |
| Zhefu 002266.SZ | China | $3.09B | -26% | +27% | 8% | 9.3× | n/a | n/a |