Tianneng Battery Group Future Growth

Future criteria checks 2/6

Tianneng Battery Group is forecast to grow earnings and revenue by 20.2% and 13.3% per annum respectively. EPS is expected to grow by 20.2% per annum. Return on equity is forecast to be 16.4% in 3 years.

Key information

20.2%

Earnings growth rate

20.2%

EPS growth rate

Auto Components earnings growth	23.4%
Revenue growth rate	13.3%
Future return on equity	16.4%
Analyst coverage	Low
Last updated	24 Apr 2024

Recent future growth updates

Recent updates

Concerns Surrounding Tianneng Battery Group's (SHSE:688819) Performance

May 03

Tianneng Battery Group Co., Ltd. (SHSE:688819) Shares Fly 26% But Investors Aren't Buying For Growth

Mar 06

Is Tianneng Battery Group (SHSE:688819) Using Too Much Debt?

Feb 28

Earnings and Revenue Growth Forecasts

SHSE:688819 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	66,917	4,009	N/A	5,808	1
12/31/2025	60,392	3,151	636	3,883	3
12/31/2024	53,929	2,686	-1,095	3,918	3
3/31/2024	46,324	2,189	1,012	4,397	N/A
12/31/2023	47,748	2,305	-606	2,534	N/A
9/30/2023	46,904	2,195	1,152	4,590	N/A
3/31/2023	44,116	2,088	2,070	4,676	N/A
12/31/2022	41,882	1,908	-871	1,704	N/A
9/30/2022	42,009	1,729	852	3,161	N/A
6/30/2022	39,688	1,450	990	3,402	N/A
3/31/2022	39,975	1,396	1,193	3,256	N/A
12/31/2021	38,716	1,369	1,435	3,452	N/A
9/30/2021	36,693	1,880	28	1,752	N/A
6/30/2021	36,489	2,162	-958	149	N/A
3/31/2021	36,942	2,399	1,476	2,638	N/A
12/31/2020	35,100	2,280	1,870	2,701	N/A
9/30/2020	34,530	2,066	1,976	3,023	N/A
6/30/2020	36,854	1,813	1,268	2,327	N/A
3/31/2020	37,783	1,551	-1,713	-959	N/A
12/31/2019	42,744	1,492	907	1,842	N/A
9/30/2019	43,739	1,236	-152	703	N/A
6/30/2019	41,492	1,158	729	1,481	N/A
3/31/2019	38,678	1,188	1,105	1,796	N/A
12/31/2018	35,863	1,217	1,481	2,111	N/A
9/30/2018	33,539	1,238	2,030	2,594	N/A
6/30/2018	31,216	1,259	2,580	3,078	N/A
3/31/2018	29,564	1,226	2,336	2,835	N/A
12/31/2017	27,912	1,194	N/A	2,592	N/A
9/30/2017	26,259	1,028	N/A	2,135	N/A
6/30/2017	24,606	862	N/A	1,678	N/A
3/31/2017	23,419	852	N/A	1,776	N/A
12/31/2016	22,232	842	N/A	1,874	N/A
9/30/2016	20,966	819	N/A	1,756	N/A
6/30/2016	19,700	797	N/A	1,637	N/A
3/31/2016	18,783	722	N/A	1,788	N/A
12/31/2015	17,865	648	N/A	1,939	N/A
12/31/2014	14,079	-273	N/A	895	N/A
1/1/2014	13,676	149	N/A	1,146	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688819's forecast earnings growth (20.2% per year) is above the savings rate (2.9%).

Earnings vs Market: 688819's earnings (20.2% per year) are forecast to grow slower than the CN market (24.2% per year).

High Growth Earnings: 688819's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688819's revenue (13.3% per year) is forecast to grow slower than the CN market (14.7% per year).

High Growth Revenue: 688819's revenue (13.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 688819's Return on Equity is forecast to be low in 3 years time (16.4%).

Tianneng Battery Group Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Tianneng Battery Group Co., Ltd. Provides Earnings Guidance for the Nine Months Ended 30 September 2022

Recent updates

Concerns Surrounding Tianneng Battery Group's (SHSE:688819) Performance

First quarter 2024 earnings released: EPS: CN¥0.52 (vs CN¥0.64 in 1Q 2023)

Full year 2023 earnings: EPS misses analyst expectations

Tianneng Battery Group Co., Ltd., Annual General Meeting, Apr 26, 2024

Tianneng Battery Group Co., Ltd. (SHSE:688819) announces an Equity Buyback for CNY 100 million worth of its shares.

Tianneng Battery Group Co., Ltd. (SHSE:688819) announces an Equity Buyback for CNY 100 million worth of its shares.

Tianneng Battery Group Co., Ltd. (SHSE:688819) Shares Fly 26% But Investors Aren't Buying For Growth

Is Tianneng Battery Group (SHSE:688819) Using Too Much Debt?

Investor sentiment improves as stock rises 20%

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: CN¥0.64 (vs CN¥0.70 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.48 (vs CN¥0.32 in 2Q 2022)

Tianneng Battery Group Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023

First quarter 2023 earnings released: EPS: CN¥0.64 (vs CN¥0.45 in 1Q 2022)

Full year 2022 earnings: EPS and revenues miss analyst expectations

Third quarter 2022 earnings released: EPS: CN¥0.70 (vs CN¥0.40 in 3Q 2021)

Tianneng Battery Group Co., Ltd. Provides Earnings Guidance for the Nine Months Ended 30 September 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.27 in 2Q 2021)

Now 21% undervalued

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: CN¥0.45 (vs CN¥0.44 in 1Q 2021)

Full year 2021 earnings released: EPS: CN¥1.42 (vs CN¥2.66 in FY 2020)

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.79 in 3Q 2020)

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.58 in 2Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥2.66 (vs CN¥1.74 in FY 2019)

Investor sentiment deteriorated over the past week

Tianneng Battery Group Co., Ltd. has completed an IPO in the amount of CNY 4.872714 billion.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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