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Foxconn (Hon Hai) subsidiary making electronic and electrical connectors, cables and metal casings for consumer electronics.
Foxconn (Hon Hai) subsidiary making electronic and electrical connectors, cables and metal casings for consumer electronics.
Sells connectors, cables and casings in volume, designed into customers' products and qualified part by part, so sales follow the product cycles of a handful of large electronics makers, and margins rest on volume and cost control rather than pricing power.
In one line: Foxconn's connector/cable manufacturing arm.
Moat: none (scale, customer qualification). Backed by Foxconn's scale, but connectors/casings are a competitive, price-sensitive component market.
Headquarters: Shenzhen, China · Founded: 2013 · Employees: 67,563
Size FIT Hon Teng (6088.HK) is a Hong Kong Information Technology company (Electronic Components) with a market value of $2.63B, the 371st largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$2.91 on 6 Nov 2026.
Performance Over six months the shares fell 67.4%, against -21.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 11.1% over the last twelve months (peer median +20.6%); the operating margin is 4.8% (peer median 14.0%).
Valuation It trades at 10.5× forward earnings against a peer median of 25.6× (cheapest of 19).
Capital Return on invested capital runs 1.7 points below its cost of capital (7.4% WACC).
Next results Next results expected around 18 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$40.6B | HK$39.0B | HK$34.7B | HK$32.8B | HK$35.5B |
| Revenue growth | — | +12% | +6% | -7% | — |
| Gross profit | HK$7.77B | HK$6.90B | HK$6.36B | HK$5.66B | HK$5.45B |
| EBITDA | HK$4.02B | HK$3.81B | HK$3.31B | HK$3.30B | HK$3.77B |
| Net income | HK$1.27B | HK$1.22B | HK$1.20B | HK$1.01B | HK$1.33B |
| Free cash flow | -HK$1.48B | -HK$1.52B | -HK$1.40B | HK$1.84B | HK$3.28B |
| Capital expenditure | HK$2.63B | HK$3.28B | HK$3.01B | HK$2.43B | HK$1.03B |
| Total debt | n/a | HK$14.6B | HK$12.4B | HK$11.2B | HK$8.42B |
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 |
|---|---|---|---|---|---|---|
| FIT Hon Teng 6088.HK | $2.63B | -67% | +11% | 5% | 10.5× | n/a |
| Luxshare Precision Industry 002475.SZ | $57.7B | -25% | +27% | 4% | 18.9× | n/a |
| TE Connectivity TEL | $59.5B | +1% | +15% | 22% | 15.1× | 8.2% |
| Amphenol APH | $184B | +21% | +58% | 29% | 21.6× | 15.7% |
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 | 6088.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -40.7% | -17.2% | 4th lowest of 21 |
| 6-month return | -67.4% | -21.8% | lowest of 21 |
| Distance from 52-week high | -73.3% | -45.0% | lowest of 21 |
| Revenue growth (TTM) | +11.1% | +20.6% | 7th lowest of 21 |
| Operating margin | 4.8% | 14.0% | 4th lowest of 21 |
| Forward P/E | 10.5× | 25.6× | cheapest of 19 |
| ROIC minus cost of capital | -1.7 pp | -1.3 pp | 10th lowest of 21 |
| EV / EBITDA | 6.7× | 18.0× | cheapest of 7 |
| Net debt / EBITDA | 1.6× | -1.9× | most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| FIT Hon Teng 6088.HK | Hong Kong | $2.63B | -67% | +11% | 5% | 10.5× | n/a | n/a |
| Primarius Technologies 688206.SS | China | $2.63B | -2% | +30% | -9% | 331.6× | n/a | n/a |
| Knowles KN | United States | $2.65B | -11% | +16% | 15% | 19.1× | 26.3% | -4.9% |
| Daeduck Electronics 353200.KS | South Korea | $2.61B | -37% | +56% | 16% | 15.0× | 15.3% | +11.8% |
| Shenzhen JOVE Enterprise 300814.SZ | China | $2.65B | -14% | +44% | 7% | n/a | n/a | n/a |
| INESA Intelligent Tech 600602.SS | China | $2.60B | -31% | -2% | 2% | 71.9× | 32.7% | +6.7% |
| Optowide Technologies 688195.SS | China | $2.57B | -60% | +68% | 17% | 100.1× | n/a | n/a |
| Zhejiang Lante Optics 688127.SS | China | $2.56B | -45% | +59% | 31% | 27.8× | 20.5% | +28.5% |
| Aoshikang Technology 002913.SZ | China | $2.52B | +2% | +25% | 10% | 34.0× | n/a | n/a |
| HONG RI DA Technology 301285.SZ | China | $2.50B | -22% | +14% | -13% | 424.7× | n/a | n/a |
| MLOPTIC 688502.SS | China | $2.78B | -26% | +44% | 5% | 204.0× | n/a | n/a |
| Zhuzhou Hongda Electronics 300726.SZ | China | $2.43B | -20% | +11% | 26% | 35.2× | 27.3% | +6.1% |
| Bel Fuse BELFA | United States | $2.87B | -38% | +21% | 17% | 13.5× | 18.0% | +7.7% |
| EZconn 6442.TW | Taiwan | $2.40B | -51% | +30% | 27% | 16.2× | 15.3% | +34.3% |
| Citizen Watch 7762.T | Japan | $2.90B | +3% | +17% | 10% | 12.8× | 10.1% | +10.9% |
| China Zhenhua (Group) Science & Technology 000733.SZ | China | $2.93B | -17% | -1% | 14% | 23.3× | 4.0% | +7.8% |
| Jenoptik JEN.DE | Germany | $2.30B | -21% | -2% | 12% | 18.6× | 10.3% | +11.2% |
| Xiamen Hengkun New Material Technology 688727.SS | China | $2.28B | -33% | +20% | 9% | n/a | n/a | n/a |
| Hefei Meyer Optoelectronic Technology 002690.SZ | China | $2.25B | -3% | +3% | 31% | 18.5× | 9.2% | +10.0% |
| VisEra Technologies 6789.TW | Taiwan | $3.16B | -46% | -5% | 14% | 49.7× | 44.5% | +5.2% |
| Fulltech Fiber Glass 1815.TWO | Taiwan | $2.18B | +6% | +49% | 26% | 21.6× | n/a | n/a |