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Tianneng Power International
(OTC:0819)
Tianneng Power International (0819) vs. iShares MSCI Hong Kong ETF (EWH)
Tianneng Power International Business Overview & Revenue Model
Tianneng Power International Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 76.67B | 83.89B | 74.60B | 85.62B | 53.53B | Gross Profit |
| 4.91B | 5.96B | 6.37B | 4.62B | 5.49B | EBIT |
| 1.88B | 1.21B | 2.04B | 1.01B | 2.48B | EBITDA |
| 3.55B | 2.03B | 2.77B | 1.59B | 2.99B | Net Income Common Stockholders |
| 1.14B | 1.82B | 1.80B | 1.30B | 2.48B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 11.05B | 10.25B | 9.13B | 11.28B | 7.10B | Total Assets |
| 55.28B | 46.75B | 40.14B | 32.74B | 23.20B | Total Debt |
| 18.55B | 9.08B | 6.21B | 4.31B | 1.66B | Net Debt |
| 9.41B | -374.54M | -1.34B | -4.39B | -2.79B | Total Liabilities |
| 36.37B | 28.31B | 22.97B | 17.36B | 13.74B | Stockholders Equity |
| 16.16B | 15.86B | 14.44B | 12.98B | 8.75B |
| Cash Flow | Free Cash Flow | |||
| -1.95B | -1.39B | -1.33B | 76.11M | 959.12M | Operating Cash Flow |
| 549.16M | 2.33B | 1.59B | 2.10B | 2.10B | Investing Cash Flow |
| -8.46B | -3.58B | -4.21B | -4.95B | -1.10B | Financing Cash Flow |
| 7.60B | 3.16B | 1.47B | 7.08B | -700.55M |
Tianneng Power International Technical Analysis
Tianneng Power International Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$4.94B | 3.47 | 21.97% | 12.90% | 8.48% | 25.41% | |
73 Outperform | HK$3.82B | 6.26 | 16.20% | 5.25% | 1.42% | -8.76% | |
68 Neutral | HK$2.76B | 131.68 | 1.95% | 0.58% | 30.75% | 63.75% | |
62 Neutral | $6.86B | 11.07 | 2.77% | 4.27% | 2.66% | -24.95% | |
61 Neutral | HK$6.94B | 5.60 | 7.12% | 21.66% | -10.37% | -38.54% | |
60 Neutral | $1.48B | 4.71 | 4.62% | 3.21% | 22.79% | -19.19% | |
47 Neutral | €250.03M | 6.10 | 2.17% | ― | 12.21% | -9.01% |
Tianneng Power International Corporate Events
Tianneng Power International Limited, through its subsidiary Tianneng Holding, has entered into Strategic Cooperation Framework Agreements with eight banks to enhance business cooperation regarding investment products and services. These agreements, each lasting three years, allow Tianneng Holding to engage in transactions with a maximum daily investment balance of RMB700 million per bank. The agreements are considered discloseable transactions under Hong Kong’s Listing Rules, requiring notification and reporting due to their financial significance.
Tianneng Power International Limited announced the successful passing of all resolutions at its Annual General Meeting held on May 16, 2025. Key resolutions included the approval of audited financial statements, the declaration of a final dividend, re-election of independent non-executive directors, and the reappointment of Deloitte Touche Tohmatsu as auditors. Additionally, the board was authorized to manage director remuneration and granted mandates to issue and repurchase shares. These decisions are expected to strengthen the company’s governance and operational capabilities, potentially enhancing shareholder value and market positioning.
Tianneng Power International Limited announced that its shareholders have approved the Purchase Transactions under the 2025-2027 Mutual Supply Agreement at an extraordinary general meeting held on 16 May 2025. The resolution was passed with 100% of the votes in favor, excluding those who were required to abstain due to material interests in the agreement. This approval allows the company to proceed with the planned transactions, potentially impacting its operational strategies and stakeholder engagements positively.
Tianneng Power International Limited announced its unaudited financial results for Tianneng Battery Group Co., Ltd. for the first quarter of 2025, revealing a 9.76% increase in revenue compared to the same period in 2024, reaching RMB 10,238,532,000. However, the net profit attributable to equity owners decreased by 16.34% to RMB 420,373,000. The company’s total assets grew by 6.35% to RMB 47,098,071,000, while total equity attributable to equity owners increased by 2.52%. This financial update highlights the company’s revenue growth despite a decline in net profit, suggesting potential challenges in profitability.
Tianneng Power International Limited has announced an Extraordinary General Meeting to be held on May 16, 2025, to discuss and potentially approve the 2025-2027 Mutual Supply Agreement with Zhejiang Changtong. This agreement outlines purchase transactions and caps for the period, and its approval is crucial for the company’s future operations and strategic partnerships. The outcome of this meeting could significantly impact Tianneng Power’s market positioning and stakeholder interests.
Tianneng Power International Limited has announced its upcoming annual general meeting scheduled for May 16, 2025, in Zhejiang, China. Key agenda items include the consideration of audited financial statements, declaration of final dividends for 2024, re-election of independent non-executive directors, and the reappointment of Deloitte Touche Tohmatsu as auditors. Additionally, the meeting will address resolutions to authorize the board to manage director remuneration and approve the issuance of additional shares, potentially impacting the company’s capital structure and shareholder value.
Tianneng Power International Limited has announced a new 2025-2027 Mutual Supply Agreement with Zhejiang Changtong, superseding the previous 2024-2026 agreement due to anticipated increased demand. The new agreement extends the term to the end of 2027 and revises the annual caps for purchase transactions, which will require independent shareholders’ approval due to exceeding certain thresholds under Hong Kong’s Listing Rules.
Tianneng Power International Limited announced a decrease in revenue by approximately 8.61% to RMB76,669 million for the year ended December 31, 2024. The profit attributable to shareholders also saw a significant decline of 37.29% to RMB1,142 million, with basic earnings per share dropping to RMB1.01. Despite these declines, the company proposed a final dividend of HK$17 cents per share, indicating a commitment to shareholder returns amidst challenging financial results.
Tianneng Power International Limited has announced a final cash dividend of HKD 0.17 per share for the financial year ending December 31, 2024. This announcement reflects the company’s stable financial performance and commitment to returning value to its shareholders, potentially enhancing its market position and investor confidence.
Tianneng Power International Limited announced its audited financial results for Tianneng Battery Group Co., Ltd. for the year ended December 31, 2024. The company reported a decrease in revenue by 5.67% and a significant drop in net profit by 32.54% compared to the previous year. Despite these declines, the total assets increased by 23.60%, and total equity attributable to equity owners rose by 3.03%. The announcement highlights the challenges faced by the company in maintaining profitability while expanding its asset base, suggesting potential implications for stakeholders in terms of strategic adjustments and market positioning.