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Tianneng Power International ( (HK:0819) ) has provided an announcement.
Tianneng Power International has disclosed unaudited first-quarter 2026 financial data for its core subsidiary Tianneng Battery Group, which is prepared under PRC accounting standards and covers only that unit and its controlled subsidiaries. The update, issued as inside information under Hong Kong listing rules, underscores that the figures are not a full representation of the group’s overall operations and that investors should interpret them with caution.
For the three months ended 31 March 2026, Tianneng Battery reported revenue of RMB 9.74 billion, down 4.82% year-on-year, while net profit attributable to equity owners slumped 82.14% to RMB 75.1 million. Despite the sharp profit decline, total assets rose 3.98% to RMB 46.29 billion and equity attributable to equity holders inched up 0.44%, suggesting balance sheet expansion even as short-term profitability came under pressure.
More about Tianneng Power International
Tianneng Power International Limited is a Cayman Islands–incorporated company listed in Hong Kong that controls about 86.53% of Tianneng Battery Group Co., Ltd., a battery manufacturer listed on Shanghai’s Science and Technology Innovation Board. The group operates in the power and energy storage battery sector, with Tianneng Battery’s results consolidated into Tianneng Power’s financial statements.
Average Trading Volume: 7,295,871
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.46B
Learn more about 0819 stock on TipRanks’ Stock Analysis page.