XHKG0819
Market cap1.21bUSD
Dec 23, Last price
8.38HKD
1D
2.95%
1Q
16.07%
Jan 2017
17.70%
IPO
329.74%
Name
Tianneng Power International Ltd
Chart & Performance
Profile
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.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 83,890,973 12.46% | 74,598,641 -12.87% | 85,615,917 59.95% | |||||||
Cost of revenue | 82,634,866 | 72,440,134 | 84,506,001 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,256,107 | 2,158,507 | 1,109,916 | |||||||
NOPBT Margin | 1.50% | 2.89% | 1.30% | |||||||
Operating Taxes | 727,780 | 659,163 | 285,730 | |||||||
Tax Rate | 57.94% | 30.54% | 25.74% | |||||||
NOPAT | 528,327 | 1,499,344 | 824,186 | |||||||
Net income | 1,821,836 1.42% | 1,796,385 38.19% | 1,299,952 -47.52% | |||||||
Dividends | (509,815) | (282,012) | (374,810) | |||||||
Dividend yield | 6.74% | 2.98% | 3.94% | |||||||
Proceeds from repurchase of equity | 972,048 | 5,541,306 | ||||||||
BB yield | -12.85% | -58.24% | ||||||||
Debt | ||||||||||
Debt current | 6,247,965 | 4,569,817 | 2,883,566 | |||||||
Long-term debt | 2,846,620 | 1,649,263 | 1,431,046 | |||||||
Deferred revenue | 864,058 | 591,701 | ||||||||
Other long-term liabilities | 2,187,169 | (958,482) | (652,108) | |||||||
Net debt | (1,824,676) | (3,466,241) | (7,273,506) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,329,530 | 1,589,516 | 2,104,610 | |||||||
CAPEX | (3,574,876) | (2,922,810) | (2,028,501) | |||||||
Cash from investing activities | (3,576,283) | (4,211,285) | (4,948,362) | |||||||
Cash from financing activities | 3,156,539 | 1,470,213 | 7,084,811 | |||||||
FCF | (5,477,783) | (1,576,065) | (1,528,830) | |||||||
Balance | ||||||||||
Cash | 10,245,001 | 9,133,011 | 11,284,514 | |||||||
Long term investments | 674,260 | 552,310 | 303,604 | |||||||
Excess cash | 6,724,712 | 5,955,389 | 7,307,322 | |||||||
Stockholders' equity | 17,666,056 | 16,387,607 | 14,598,365 | |||||||
Invested Capital | 22,988,135 | 17,053,312 | 11,831,712 | |||||||
ROIC | 2.64% | 10.38% | 9.01% | |||||||
ROCE | 4.23% | 9.34% | 5.78% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,148,034 | 1,147,394 | 1,153,257 | |||||||
Price | 6.59 -20.02% | 8.24 -0.12% | 8.25 -57.91% | |||||||
Market cap | 7,565,544 -19.98% | 9,454,527 -0.63% | 9,514,369 -57.93% | |||||||
EV | 8,325,611 | 8,710,344 | 4,637,299 | |||||||
EBITDA | 2,123,346 | 2,927,664 | 1,712,492 | |||||||
EV/EBITDA | 3.92 | 2.98 | 2.71 | |||||||
Interest | 482,780 | 340,738 | 253,889 | |||||||
Interest/NOPBT | 38.43% | 15.79% | 22.87% |