Triumph New Energy Company (1108) AI Stock Analysis

• Market Cap: €5.10B
• Dividend Yield: N/A
• Average Volume (3M): 2.28M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.78
• Revenue Growth: -31.64%
• EPS Growth: -253.13%
• Country: HK
• Employees: 2,769
• Sector: Industrials
• Sector Strength: 88
• Industry: Construction
• EPS (TTM): -0.20
• Shares Outstanding: 250,000,000
• 10 Day Avg. Volume: 984,000
• 30 Day Avg. Volume: 2,275,200
• PEG Ratio: 0.26
• Price to Book (P/B): 1.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.53
• 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

• Rating: 55 Neutral
• Price Target: ―

Triumph New Energy Company is facing significant financial and valuation challenges. The decline in income and profitability, coupled with increased leverage, are key concerns. Technical indicators show little momentum, and the negative P/E ratio suggests valuation issues. Together, these factors contribute to a cautious outlook.

Triumph New Energy Company Business Overview & Revenue Model

Company Description

Luoyang Glass Company Limited, together with its subsidiaries, engages in the manufacture and sale of float glass in China and internationally. The company operates through two segments, Information Display Glass and New Energy Glass. The Information Display Glass segment offers ultra-thin electronic glass substrates. The New Energy Glass segment produces photovoltaic original glass and its further processed products, such as glass for ultra-white high transparent cover plate and back plate glass for solar photovoltaic module. Luoyang Glass Company Limited was incorporated in 1994 and is headquartered in Luoyang, the People's Republic of China.

How the Company Makes Money

Triumph New Energy Company makes money primarily through the sale of electricity generated from its renewable energy power plants. The company enters into power purchase agreements (PPAs) with governments, utilities, and corporate clients, which provide a steady revenue stream over the long term. Additionally, the company may receive government incentives and subsidies aimed at promoting renewable energy adoption. Triumph New Energy may also engage in strategic partnerships or joint ventures to expand its reach and enhance its technological capabilities, further contributing to its revenue growth.

Triumph New Energy Company Financial Statement Overview

Summary

Triumph New Energy Company presents a mixed financial picture. Income has declined recently with a negative gross profit margin, and although the balance sheet shows stability, increased leverage is concerning. Limited cash flow data further complicates financial assessment.

Income Statement

Triumph New Energy Company has experienced fluctuating revenue growth over the years, with a notable decline in 2024. Gross profit margin has turned negative in 2024, indicating cost management issues. Historically, there has been some profitability, but the recent numbers suggest a downturn.

Balance Sheet

The company's debt-to-equity ratio has increased over time, indicating greater leverage which could pose a risk if not managed well. However, the company has maintained a solid equity base. The equity ratio is relatively stable, suggesting a balanced asset structure.

Cash Flow

Cash flow information is limited, with no free cash flow data for recent years, making it difficult to assess cash generation. Operating cash flow was available in previous years, showing some positive cash generation, but recent data is missing.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
4.05B	4.59B	6.60B	5.03B	3.61B	3.05B
	Gross Profit
-437.11M	-199.98M	764.00M	596.12M	868.30M	943.97M
	EBIT
―	―	500.87M	467.07M	509.24M	461.92M
	EBITDA
―	―	934.09M	828.90M	753.69M	863.63M
	Net Income Common Stockholders
―	―	394.72M	409.04M	255.76M	372.86M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
361.21M	140.37M	280.54M	689.02M	1.12B	300.95M
	Total Assets
12.42B	12.31B	12.43B	10.57B	9.27B	5.60B
	Total Debt
5.08B	4.37B	3.89B	2.87B	2.62B	1.85B
	Net Debt
4.72B	4.23B	3.62B	2.18B	1.51B	1.55B
	Total Liabilities
8.19B	7.93B	7.37B	5.95B	4.92B	3.81B
	Stockholders Equity
3.89B	4.02B	4.63B	4.23B	3.84B	1.63B
Cash Flow		Free Cash Flow
―	―	―	―	―	116.30M
	Operating Cash Flow
55.72M	―	143.51M	―	136.31M	354.08M
	Investing Cash Flow
―	―	-1.76B	―	-1.71B	―
	Financing Cash Flow
1.31B	862.97M	1.36B	582.53M	2.38B	―

Triumph New Energy Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.86
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1108, the sentiment is Positive. The current price of 3.86 is above the 20-day moving average (MA) of 3.75, above the 50-day MA of 3.66, and below the 200-day MA of 3.90, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 57.94 is Neutral, neither overbought nor oversold. The STOCH value of 73.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1108.

Triumph New Energy Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2128	70 Outperform	HK$13.64B	7.47	7.12%	4.51%	-14.13%	-30.69%
Sector *	66 Neutral	$4.51B	12.29	5.40%	3.67%	4.15%	-12.21%
1108	55 Neutral	€5.10B	―	-17.32%	―	-31.64%	-253.13%
FGSGF		$4.33B	51.69	1.56%	3.63%	―	―

Triumph New Energy Company Corporate Events

Triumph New Energy Reports Significant Q1 2025 Financial Decline

Triumph New Energy Company Limited reported a significant decline in its financial performance for the first quarter of 2025. The company experienced a 37.98% decrease in operating revenue compared to the same period last year, alongside a substantial net loss attributable to shareholders. Despite a slight increase in total assets, the company’s owner’s equity decreased by 3.11%, indicating financial challenges that may impact its market positioning and stakeholder confidence.

Triumph New Energy Approves Major Acquisition at EGM

Triumph New Energy Company Limited announced the results of its 2025 first extraordinary general meeting held on April 25, 2025, where a resolution regarding a capital increase agreement was passed. This agreement involves the acquisition of a 74.60% equity interest in Jiangsu Triumph, marking a significant expansion in the company’s operations. The resolution was approved with 99.58% of the votes in favor, indicating strong shareholder support for the transaction, which is expected to enhance the company’s market positioning and growth potential.

Triumph New Energy Schedules Board Meeting for Q1 Financial Review

Triumph New Energy Company Limited has announced a board meeting scheduled for April 29, 2025, to discuss and approve the unaudited financial results for the first quarter of 2025. This meeting is a crucial step in evaluating the company’s financial performance and strategizing future operations, potentially impacting its market positioning and stakeholder interests.

Triumph New Energy Announces EGM for Capital Increase Agreement

Triumph New Energy Company Limited has announced the convening of its 2025 first extraordinary general meeting to approve a capital increase agreement. This agreement involves the acquisition of a 74.60% equity interest in Jiangsu Triumph New Material Co., Ltd., which is expected to enhance the company’s market position and operational capabilities.

Triumph New Energy Reports 2024 Financial Results

Triumph New Energy Company Limited announced its consolidated financial results for the year ended 31 December 2024. The company reported a decrease in total current assets from the previous year, while non-current assets increased, indicating a shift in asset allocation. This financial performance may impact the company’s operational strategies and market positioning in the energy sector.

Triumph New Energy Announces 2024 Asset Impairment Provisions

Triumph New Energy Company Limited, a joint stock limited company incorporated in the People’s Republic of China, has announced the accrual and write-off of assets impairment provision for the year 2024. The company conducted a comprehensive inventory of its assets, including receivables, inventories, and fixed assets, to objectively reflect its financial position and results of operations. The announcement highlights the recognition of credit impairment losses amounting to RMB6,498,500 for the year, primarily due to the aging of accounts receivable and other receivables.

Triumph New Energy to Engage Investors at CNBMG Results Briefing

Triumph New Energy Company Limited announced its participation in the collective results briefing of China National Building Materials Group Co., Ltd. (CNBMG) scheduled for April 3, 2025. The briefing aims to enhance communication with investors and discuss the company’s 2024 annual operating results and financial indicators. The event will be held both on-site and online, allowing for interactive exchanges with investors.

Triumph New Energy Schedules Board Meeting for Annual Results

Triumph New Energy Company Limited has announced a board meeting scheduled for March 28, 2025, to discuss and approve the annual results for the year ended December 31, 2024. This meeting will also address the publication of these results in compliance with the listing rules, potentially impacting the company’s market positioning and stakeholder interests.

Triumph New Energy Announces Board Changes

Triumph New Energy Company Limited announced the resignation of Ms. Zhang Yajuan as an independent non-executive director, effective March 4, 2025, due to regulatory limits on the term length for independent directors. Her departure will not affect the board’s compliance with statutory requirements. The company expressed gratitude for her contributions. Additionally, changes in the board committees will see Mr. Fan Baoqun and Mr. Chen Qisuo taking on new roles within the Compliance, Audit, and Remuneration and Review Committees.

Triumph New Energy Announces New Board Structure

Triumph New Energy Company Limited has announced a new composition of its board of directors, effective from March 4, 2025. The board consists of four executive directors, one non-executive director, and four independent non-executive directors. The restructuring of the board and the establishment of five committees aim to strengthen the company’s governance and strategic direction, potentially impacting its market positioning and stakeholder relations positively.