Tianneng Power International Limited

Tianneng Power International Limited

3.33
HKD
-0.12
(-3.48%)
5.32BMarket Cap
Apr 01Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
12.3
12.63
15.98
18.95
23.88
30.85
36.05
47.52
76.03
66.24
74.5
68.08
47.77
- -
Basic EPS, GAAP
0.12
-0.27
0.55
0.76
1.05
1.05
1.49
2.2
1.15
1.6
1.62
1.01
1.28
- -
Free Cash Flow per Basic Share
0.13
-0.04
1.41
1.11
1.52
1.26
0.46
0.71
-0.22
-1.28
-1.24
-1.73
3.27
- -
Dividend per Share
0.19
0.04
- -
0.27
0.23
0.3
0.33
0.36
0.33
0.25
0.45
0.39
0.16
- -
Book Value per Share
2.7
2.4
2.96
3.49
4.03
4.57
5.92
7.77
11.53
12.83
14.08
14.35
15.36
15.29
Tangible Book Value per Share
2.7
2.4
2.96
3.49
4.03
4.57
5.91
7.75
11.51
12.83
14.08
14.35
15.36
15.29
Basic Weighted Avg Shares
1,109
1,112
1,114
1,134
1,127
1,127
1,127
1,126
1,126
1,126
1,126
1,126
1,126
1,126
Sales/Revenue/Turnover
13,635
14,044
17,804
21,481
26,904
34,751
40,614
53,525
85,616
74,599
83,891
76,669
53,799
- -
Operating Margin (%)
2.36
-1.14
5.16
6.05
6.09
5.16
5.74
5.63
2.31
3.96
3.01
2.5
3.88
- -
Depreciation Expense
192
226
317
352
349
424
481
529
603
769
867
1,116
1,243
- -
Net Income, GAAP
135
-305
611
859
1,178
1,188
1,682
2,477
1,300
1,796
1,822
1,142
1,437
- -
Effective Tax Rate (%)
7.73
- -
15.8
20.92
16.15
19.3
18.82
15.09
15.55
24.07
28.39
31.4
16.57
- -
Profit Margin (%)
0.99
-2.17
3.43
4
4.38
3.42
4.14
4.63
1.52
2.41
2.17
1.49
2.67
- -
Working Capital
382
-241
734
627
726
659
1,693
3,242
7,799
6,166
6,054
3,945
4,031
8,176
LT Debt
655
1,074
1,338
833
904
467
268
735
1,422
1,638
2,833
5,823
3,351
2,255
Total Equity
3,062
2,746
3,467
4,107
4,731
5,389
7,287
9,459
15,377
17,166
18,445
18,909
20,318
20,208
Return on Invested Capital (%)
4.19
- -
12.32
16.32
19.6
18.09
20.73
24.45
9.63
9.49
6.7
3.77
4.66
- -
Return on Capital (%)
4.59
- -
12.25
15.7
19.95
17.19
21.26
25.78
8.2
8.23
8.46
4.19
4.4
- -
Return on Common Equity (%)
4.47
-10.74
20.16
23.46
27.82
24.54
28.48
32.15
11.97
13.1
12.02
7.14
8.59
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
12,034
10,316
23,702
LT Borrowings
5,235
3,322
2,228
LT Finance Leases
22
30
27
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,126
1,126
1,126
Market Capitalization
6,464
7,174
4,599

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
33,776
33,950
51,742
Cash, Cash Equivalents & STI
12,927
11,925
14,239
Accounts Receivable, Net
2,173
1,725
3,098
Inventories
9,366
8,601
9,442
Total Current Liabilities
28,832
29,919
43,566
Payables & Accruals
- -
- -
- -
ST Debt
12,034
10,316
23,702
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.42%
18.32%
7.45%
Free Cash Flow
8.05%
18.09%
-288.31%
Net Income, GAAP
14.8%
-3.89%
25.77%
Sales/Revenue/Turnover
14.48%
4.22%
-29.83%
Total Cash Common Dividend
- -
-4.96%
-59.97%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
76,669
2025
- -
- -
53,799
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.01
2025
- -
- -
1.28
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.39
2025
- -
- -
0.16
2026
- -
- -
- -

Company Description

CEO
Tian Ren Zhang
Full Time Employees
20,698
Sector
Producer manufacturing
Industry
Electrical products
Address
Central Plaza Hong Kong Hong Kong
IPO Date
Jun 11, 2007
Business
Tianneng Power International Limited engages in the research, development, manufacture, and sale of power batteries primarily for the electric vehicle market, including lead-acid motive batteries used in electric bicycles, tricycles, and pure electric cars, as well as lithium-ion batteries and energy storage batteries for renewable energy applications such as wind and solar power systems. The company also produces electrode plates, recycled lead products, battery-related accessories, and metal materials, providing integrated solutions across electric light vehicle power batteries, automotive start-stop batteries (including EFB and AGM technologies), 3C batteries, and energy storage reserve batteries. Founded in 1986 and headquartered in Wan Chai, Hong Kong, Tianneng operates mainly in China with a growing international presence, especially in Europe and North America, targeting the electric vehicle, industrial, commercial, and household energy storage markets. Recent significant developments include strategic partnerships with financial institutions involving a RMB 2 billion bond issuance, expansion of production capabilities in lithium-ion batteries reflecting a strategic shift towards advanced battery technologies, and increased international market penetration with overseas revenues rising. The company also continues to invest in research and development of new battery technologies such as sodium-ion and hydrogen fuel cells, and launched new product lines of smart batteries aimed at enhancing electric vehicle market share and customers’ engagement. Tianneng Power International remains a leading new energy power battery group combining manufacturing, recycling of waste batteries, and intelligent green manufacturing systems under its evolving business model to meet global renewable energy and electric mobility demands.