FIT Hon Teng Limited (FITGF)
FIT Hon Teng Limited operates in the Hardware, Equipment & Parts industry of the Technology sector, headquartered in New Taipei City, TP, TW. The stock last traded at $0.66, down 13.66% on the session, giving a market capitalisation of $4.70B. On trailing twelve-month figures it carries a trailing P/E of 30.37, a net margin of 3.1%. Its beta of 1.49 implies it has historically moved more than the broad market.
Based in New Taipei City, Taiwan, FIT Hon Teng Limited is a global enterprise focused on the design, development, production, and distribution of advanced interconnectivity solutions and related goods. The company, which was originally known as New Wing International Holdings Limited until its name change in June 2013, operates across numerous international markets, including Taiwan, the People's Republic of China, the United States, Hong Kong, Malaysia, and Singapore. Its business is bifurcated into two main segments: Intermediate Products and Consumer Products. The Intermediate Products division offers a broad spectrum of cable components, such as various input/output cable assemblies, intricate wire harnesses, and power cords. It also manufactures a diverse range of connector components, including backplane, high-speed, I/O, and power connectors, alongside memory/edge cards, sockets, terminal blocks, and specialized wire-to-board and board-to-board connectors. Additionally, this segment supplies radio frequency antenna cable and module assemblies. The Consumer Products division encompasses wireless charging technologies and their components, as well as a variety of accessories like headsets, speaker systems, and power and cable accessories. Beyond these offerings, the company is engaged in the research, development, and manufacturing of batteries, the production of machinery for metal processing, and the retailing of smart home devices. FIT Hon Teng markets its products under prominent brand names such as Belkin, Linksys, Wemo, and Phyn. Its extensive clientele spans industries including communications infrastructure, computer and consumer electronics, mobile and wireless technologies, the automotive sector, and both industrial and medical applications. The company operates as a subsidiary of Foxconn (Far East) Limited.
FIT Hon Teng Limited is most often compared with the following Technology names: