Tianneng Power International (0819) AI Stock Analysis

• Market Cap: HK$8.32B
• Dividend Yield: 2.39%
• Average Volume (3M): 9.40M
• Price to Earnings (P/E): 7.5
• Beta (1Y): 0.76
• Revenue Growth: -44.94%
• EPS Growth: -43.85%
• Country: HK
• Employees: 20,676
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 0.80
• Shares Outstanding: 1,126,124,500
• 10 Day Avg. Volume: 10,431,088
• 30 Day Avg. Volume: 9,401,369
• PEG Ratio: -0.20
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.11
• P/FCF Ratio: -4.48
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: HK$7.50 ▲(1.49% Upside)

The overall stock score reflects a mixed financial performance with revenue and cash flow challenges, offset by a strong valuation suggesting potential undervaluation. Technical indicators point to bearish momentum, which could pose short-term risks. The absence of earnings call and corporate events data limits further insights.

Tianneng Power International Business Overview & Revenue Model

Company Description

Tianneng Power International Limited, an investment holding company, engages in the production of motive batteries in the People's Republic of China and internationally. It operates in two segments, Sales of Batteries and Battery Related Accessories; and Trading of New Energy Materials. The company offers high-end eco-friendly batteries, such as two and three wheeled electric vehicle, start-stop, energy storage and backup, mini electric vehicle, and special electric vehicle batteries; new energy batteries, including lithium-ion and fuel cell batteries; and renewable new materials. It is also involved in recycling and cyclic utilization of waste batteries; and construction of smart micro-grids in cities, as well as building of green and smart industrial parks. In addition, it manufactures and sells electrode plates; sells metal materials; and offers finance lease. The company was founded in 1986 and is based in Wan Chai, Hong Kong.

How the Company Makes Money

Tianneng Power International generates revenue through the production and sale of its battery products to various sectors, including automotive, telecommunications, and renewable energy. Key revenue streams include sales of lead-acid batteries, lithium-ion batteries, and energy storage systems. The company has established significant partnerships with major automotive manufacturers and energy companies, which not only enhance its market reach but also provide stable demand for its products. Additionally, Tianneng benefits from government incentives and policies promoting the use of renewable energy and electric vehicles, further contributing to its earnings.

Tianneng Power International Financial Statement Overview

Summary

The company's financial performance is mixed. While there is an improvement in net profit margin, revenue decline and negative free cash flow indicate operational and liquidity challenges. Rising leverage adds financial risk.

Income Statement

The income statement reveals a decline in revenue from 2023 to 2024, suggesting challenges in sustaining sales growth. The gross profit margin decreased slightly, indicating potential cost pressures or pricing challenges. Notably, the net profit margin improved, suggesting better cost management or operational efficiency. Absence of EBIT indicates limited operational profitability assessment.

Balance Sheet

The balance sheet indicates a strong equity base, with stockholders' equity growing annually. However, an increasing debt-to-equity ratio points to rising leverage, which could pose future financial risks. The equity ratio shows a stable proportion of equity financing, reflecting financial stability. Despite these strengths, the rising total debt over recent periods warrants attention.

Cash Flow

Cash flow analysis highlights a significant challenge with negative free cash flow, indicating potential liquidity issues. Operating cash flow is substantially lower than net income, suggesting issues with cash conversion. The free cash flow to net income ratio underscores cash flow constraints, although financing activities have been supportive.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	50.95B	76.67B	83.89B	74.60B	85.62B	53.53B
Gross Profit	4.90B	4.91B	5.96B	6.37B	4.62B	5.49B
EBITDA	1.63B	3.55B	2.03B	2.77B	1.59B	2.99B
Net Income	1.03B	1.14B	1.82B	1.80B	1.30B	2.48B
Balance Sheet
Total Assets	55.12B	55.28B	46.75B	40.14B	32.74B	23.20B
Cash, Cash Equivalents and Short-Term Investments	12.93B	11.05B	10.25B	9.13B	11.28B	7.10B
Total Debt	17.29B	18.55B	9.08B	6.21B	4.31B	1.66B
Total Liabilities	35.61B	36.37B	28.31B	22.97B	17.36B	13.74B
Stockholders Equity	16.79B	16.16B	15.86B	14.44B	12.98B	8.75B
Cash Flow
Free Cash Flow	-459.70M	-1.95B	-1.39B	-1.33B	76.11M	959.12M
Operating Cash Flow	1.60B	549.16M	2.33B	1.59B	2.10B	2.10B
Investing Cash Flow	-3.21B	-8.46B	-3.58B	-4.21B	-4.95B	-1.10B
Financing Cash Flow	1.12B	7.60B	3.16B	1.47B	7.08B	-700.55M

Tianneng Power International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.39
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0819, the sentiment is Positive. The current price of 7.39 is above the 20-day moving average (MA) of 7.17, below the 50-day MA of 7.67, and above the 200-day MA of 7.21, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 48.41 is Neutral, neither overbought nor oversold. The STOCH value of 66.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0819.

Tianneng Power International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1809	78 Outperform	HK$5.26B	4.83	15.64%	8.39%	2.85%	-33.83%
1571	76 Outperform	HK$3.84B	7.37	13.59%	13.26%	-3.80%	-27.62%
2025	67 Neutral	HK$9.60B	394.74	2.26%	0.19%	32.92%	67.96%
0951	65 Neutral	HK$1.56B	4.96	4.54%	3.09%	24.79%	-2.24%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0819	56 Neutral	HK$8.32B	7.48	6.29%	2.39%	-44.94%	-43.85%
1148	54 Neutral	HK$455.19M	12.96	1.91%	3.18%	9.51%	-21.71%

Tianneng Power International Corporate Events

Tianneng Power Releases Nine-Month Financial Results for 2025

Tianneng Power International Limited announced the unaudited financial results of its subsidiary, Tianneng Battery Group Co., Ltd., for the nine months ended September 30, 2025. The company reported a slight increase in revenue by 1.56% compared to the previous year, although net profit attributable to equity owners decreased by 7.13%. Total assets and equity showed modest growth, indicating stable financial health. Stakeholders are advised to exercise caution as the financial data is unaudited and does not encompass the entire operations of the group.

The most recent analyst rating on (HK:0819) stock is a Hold with a HK$9.50 price target. To see the full list of analyst forecasts on Tianneng Power International stock, see the HK:0819 Stock Forecast page.