Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An announcement from Triumph New Energy Company ( (HK:1108) ) is now available.
Triumph New Energy Company Limited has announced that its board approved provisions and write-offs for asset impairments for the financial year ended 31 December 2025, following a comprehensive review of receivables, inventories and fixed assets under PRC accounting and stock exchange rules. In line with a prudent approach to reflect its true financial position, the company recorded total credit impairment losses of RMB159.6 million on receivables, including substantial provisions against accounts receivable and other receivables, which will directly affect 2025 earnings and may signal tighter credit risk management and a reassessment of asset quality for investors and other stakeholders.
The most recent analyst rating on (HK:1108) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Triumph New Energy Company stock, see the HK:1108 Stock Forecast page.
More about Triumph New Energy Company
Triumph New Energy Company Limited, formerly known as Luoyang Glass Company Limited, is a PRC-incorporated joint stock company listed in Hong Kong and Shanghai. The company operates in the glass and new energy materials sector, reporting under PRC Accounting Standards and subject to both Hong Kong and Shanghai stock exchange regulatory frameworks.
Average Trading Volume: 5,106,580
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$5.75B
For detailed information about 1108 stock, go to TipRanks’ Stock Analysis page.