Tianneng Battery Group Co Ltd

688819 · SHG · Consumer Cyclical / Auto Parts

18.10CNY-0.33 (-1.79%)

Price History

Full chart

Market Stats

Previous Close18.43

Open18.48

Day Range18.07 – 18.60

52-Week Range20.18 – 36.56

Volume1.96M

Market Cap20.20B

P/E (TTM)19.98

Forward P/E0.00

EPS1.04

Dividend Yield2.65%

Beta0.29

50-Day Avg21.53

200-Day Avg27.85

About

Tianneng Battery Group Co., Ltd. researches, develops, produces, and sells electric special vehicle and new energy vehicle power batteries, automotive start-stop batteries, energy storage batteries, 3C batteries, backup batteries, and fuel cells in China and internationally. The company offers lead-acid battery, such as traction, energy storage, and SLI battery; lithium-ion battery, including lithium-ion battery cell, motive and traction battery, and reserve/energy storage; and hybrid energy storage system and BESS container. It offers light electric vehicle battery, SLI battery, back up power/reserve battery, traction battery, and battery recycling solutions, as well as sustainable energy storage solutions comprising household, industrial and commercial, and smart microgrid energy storage solutions. In addition, the company offers sodium, hydrogen electric, solid-state, and new materials solutions, as well as value-added services. The company was founded in 1986 and is headquartered in Huzhou, China. Tianneng Battery Group Co., Ltd. operates as a subsidiary of Tianneng Holding Group Co., Ltd.

Company Details

SectorConsumer Cyclical
IndustryAuto Parts
CEOMs. Jianfen Yang
Employees18.93K
HeadquartersNo. 18 Baoqiao Road, Huzhou, China, 313100, China
Websitehttps://www.cn-tn.com

Leadership

Ms. Jianfen YangGM & Director · b. 1971
Mr. Minxiang HuCFO, Board Secretary, Accounting Supervisor · b. 1981
Mr. Ming Jun LiDeputy GM & Director · b. 1969
Mr. Guo Chao YuDeputy GM & Director · b. 1974
Mr. Feng HanDeputy General Manager · b. 1978

Financials

Income Statement

Currency: CNY	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	2.28B	3.77B	5.47B	9.93B	13.68B	14.08B	17.87B	22.23B	27.91B	35.86B	42.74B	35.10B	38.72B	41.88B	47.75B	45.04B	45.79B
Growth (%)	-	+65.79%	+44.99%	+81.57%	+37.70%	+2.95%	+26.89%	+24.44%	+25.55%	+28.48%	+19.19%	-17.88%	+10.30%	+8.18%	+14.00%	-5.67%	+1.67%
Cost of Revenue	1.65B	2.94B	4.01B	8.05B	12.23B	12.79B	15.40B	18.53B	23.43B	29.91B	36.48B	28.47B	32.70B	34.20B	40.21B	38.28B	43.97B
Gross Profit	629.20M	835.83M	1.46B	1.88B	1.44B	1.29B	2.47B	3.71B	4.49B	5.95B	6.27B	6.63B	6.02B	7.68B	7.54B	6.76B	1.82B
Gross Margin	27.65%	22.16%	26.61%	18.95%	10.54%	9.19%	13.81%	16.67%	16.07%	16.59%	14.66%	18.90%	15.54%	18.33%	15.78%	15.01%	3.97%
Operating Expense	349.97M	441.97M	705.23M	1.05B	1.42B	1.75B	1.78B	2.77B	3.07B	4.37B	4.39B	3.92B	4.47B	5.31B	4.80B	4.65B	0
Operating Income	279.23M	393.86M	750.52M	829.17M	21.00M	-458.29M	689.33M	935.35M	1.41B	1.58B	1.88B	2.71B	1.55B	2.37B	2.74B	2.11B	1.82B
Operating Margin	12.27%	10.44%	13.72%	8.35%	0.15%	-3.26%	3.86%	4.21%	5.05%	4.41%	4.39%	7.73%	4.01%	5.66%	5.73%	4.69%	3.97%
EBITDA	259.22M	474.34M	911.16M	1.08B	489.36M	36.02M	1.25B	1.66B	1.95B	2.12B	2.57B	3.41B	2.31B	3.24B	3.68B	3.23B	2.77B
EBITDA Margin	11.39%	12.57%	16.66%	10.86%	3.58%	0.26%	7.00%	7.45%	6.98%	5.91%	6.01%	9.71%	5.95%	7.74%	7.70%	7.16%	6.04%
Net Income	262.85M	351.87M	599.67M	677.49M	149.03M	-273.06M	647.51M	841.81M	1.19B	1.22B	1.49B	2.28B	1.37B	1.91B	2.30B	1.55B	1.59B
Net Income Margin	11.55%	9.33%	10.96%	6.82%	1.09%	-1.94%	3.62%	3.79%	4.28%	3.39%	3.49%	6.50%	3.54%	4.56%	4.83%	3.45%	3.47%
R&D	-	-	-	-	355.31M	404.65M	565.84M	696.50M	882.66M	1.12B	1.14B	1.24B	1.43B	1.53B	1.79B	1.88B	1.86B
R&D as % of Total Revenue	-	-	-	-	2.60%	2.87%	3.17%	3.13%	3.16%	3.11%	2.67%	3.54%	3.69%	3.64%	3.75%	4.16%	4.05%
Interest Expense	7.25M	11.73M	72.05M	108.50M	123.28M	192.00M	125.08M	145.17M	166.17M	180.89M	239.30M	180.61M	184.71M	228.53M	204.36M	191.94M	141.52M
Interest Expense % of Total Revenue	0.32%	0.31%	1.32%	1.09%	0.90%	1.36%	0.70%	0.65%	0.60%	0.50%	0.56%	0.51%	0.48%	0.55%	0.43%	0.43%	0.31%

Balance Sheet

Currency: CNY	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.62B	2.15B	2.98B	4.57B	7.30B	7.81B	8.63B	10.47B	12.47B	15.07B	16.69B	17.96B	19.64B	26.68B	32.38B	35.83B	44.29B	44.52B
Total Liabilities	615.22M	636.69M	1.04B	2.19B	4.49B	4.89B	6.02B	7.24B	8.90B	10.61B	12.65B	12.62B	12.52B	13.94B	18.30B	20.21B	28.06B	27.15B
Total Equity	1.00B	1.51B	1.84B	2.25B	2.56B	2.68B	2.42B	3.06B	3.26B	4.14B	3.85B	4.95B	6.74B	12.27B	13.68B	15.42B	15.89B	17.06B
Cash	526.90M	444.67M	482.74M	924.78M	1.01B	946.27M	1.71B	2.01B	2.94B	4.23B	4.43B	4.38B	4.91B	10.27B	11.10B	11.34B	18.72B	16.49B
Total Debt	186.00M	120.00M	545.53M	1.37B	2.35B	2.59B	3.40B	2.17B	2.01B	2.02B	2.28B	1.75B	873.94M	1.64B	2.81B	3.83B	8.24B	-
Net Debt	-340.90M	-324.67M	62.79M	441.80M	1.35B	1.64B	1.70B	159.88M	-935.86M	-2.21B	-2.15B	-2.63B	-4.03B	-8.63B	-8.29B	-1.10B	-10.48B	-

Cash Flow

Currency: CNY	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-	125.71M	513.67M	77.56M	1.15B	894.86M	1.94B	2.23B	2.36B	2.11B	1.84B	2.70B	3.45B	1.70B	2.53B	6.56B	6.26B
Investing Cash Flow	-280.49M	-384.86M	-717.87M	-925.23M	-747.17M	-690.66M	-386.14M	-767.08M	-821.53M	-1.49B	-569.66M	-478.22M	-2.93B	-1.27B	-3.07B	-2.46B	-
Financing Cash Flow	52.42M	327.08M	545.12M	976.16M	-412.99M	449.03M	-1.81B	-799.13M	-110.23M	-630.81M	-1.68B	-1.62B	3.07B	-1.23B	357.06M	-3.17B	-
Capital Expenditure	184.42M	383.89M	718.63M	1.11B	811.89M	788.97M	436.74M	889.57M	566.21M	630.22M	934.72M	830.86M	2.02B	2.58B	3.14B	2.22B	1.31B
Free Cash Flow	-184.42M	-258.17M	-204.96M	-1.03B	334.27M	105.90M	1.50B	1.34B	1.79B	1.48B	906.91M	1.87B	1.44B	-870.95M	-605.82M	4.35B	4.95B
Dividends Paid	94.31M	167.92M	173.48M	234.93M	269.23M	314.43M	405.66M	540.21M	265.33M	1.12B	1.79B	513.30M	583.26M	583.26M	785.22M	631.87M	538.33M
FCF to OCF	-	-205.36%	-39.90%	-1330.82%	29.16%	11.83%	77.48%	60.18%	75.96%	70.14%	49.24%	69.24%	41.58%	-51.11%	-23.91%	66.21%	79.10%
Dividend Paid to FCF	-51.14%	-65.04%	-84.64%	-22.76%	80.54%	296.93%	27.00%	40.18%	14.83%	75.33%	196.93%	27.45%	40.64%	-66.97%	-129.61%	14.54%	10.87%

Earnings

Report Date	Apr 30, 2021	Aug 28, 2021	Oct 29, 2021	Feb 25, 2022	Apr 29, 2022	Aug 26, 2022	Oct 28, 2022	Feb 27, 2023	Apr 28, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-
EPS Actual	0.42	0.27	0.41	0.31	0.45	0.32	0.70	0.49	0.64
Surprise	-	-	-	-	-	-	-	-	-
Timing	Pre-market	Pre-market	After-hours	After-hours	Pre-market	Pre-market	After-hours	After-hours	Pre-market

Key Statistics & Ratios

Market Cap20.20B

Enterprise Value7.44B

Trailing P/E19.98

Forward P/E0.00

Price / Sales0.43

Price / Book1.21

EPS1.04

Book Value17.36

Revenue (TTM)47.20B

Gross Profit (TTM)6.19B

EBITDA1.55B

Profit Margin2.13%

Operating Margin0.93%

Return on Equity6.04%

Return on Assets0.63%

Shares Outstanding972.10M

Shares Float173.86M

Beta0.29

Dividend Yield2.65%

Dividend Rate0.55

Payout Ratio52.88%

Dividends

20261×

0.55Jun 11, 2026

20251×

0.41Jun 13, 2025

20241×

0.65Jun 19, 2024

20231×

0.60May 19, 2023

20221×

0.60Jun 20, 2022

20211×

0.60May 21, 2021