Tianneng Battery Group Co., Ltd.

SHSE:688819 Stock Report

Market Cap: CN¥26.0b

Tianneng Battery Group Balance Sheet Health

Financial Health criteria checks 5/6

Tianneng Battery Group has a total shareholder equity of CN¥16.2B and total debt of CN¥10.2B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are CN¥45.4B and CN¥29.2B respectively. Tianneng Battery Group's EBIT is CN¥1.9B making its interest coverage ratio -7.4. It has cash and short-term investments of CN¥18.2B.

Key information

63.0%

Debt to equity ratio

CN¥10.23b

Debt

Interest coverage ratio-7.4x
CashCN¥18.19b
EquityCN¥16.24b
Total liabilitiesCN¥29.21b
Total assetsCN¥45.45b

Recent financial health updates

Does Tianneng Battery Group (SHSE:688819) Have A Healthy Balance Sheet?

Oct 16
Does Tianneng Battery Group (SHSE:688819) Have A Healthy Balance Sheet?

Is Tianneng Battery Group (SHSE:688819) A Risky Investment?

Jul 12
Is Tianneng Battery Group (SHSE:688819) A Risky Investment?

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

Feb 28
Is Tianneng Battery Group (SHSE:688819) Using Too Much Debt?

Recent updates

Tianneng Battery Group Co., Ltd.'s (SHSE:688819) Intrinsic Value Is Potentially 29% Above Its Share Price

Jan 08
Tianneng Battery Group Co., Ltd.'s (SHSE:688819) Intrinsic Value Is Potentially 29% Above Its Share Price

It's A Story Of Risk Vs Reward With Tianneng Battery Group Co., Ltd. (SHSE:688819)

Dec 18
It's A Story Of Risk Vs Reward With Tianneng Battery Group Co., Ltd. (SHSE:688819)

We Think That There Are More Issues For Tianneng Battery Group (SHSE:688819) Than Just Sluggish Earnings

Nov 05
We Think That There Are More Issues For Tianneng Battery Group (SHSE:688819) Than Just Sluggish Earnings

Does Tianneng Battery Group (SHSE:688819) Have A Healthy Balance Sheet?

Oct 16
Does Tianneng Battery Group (SHSE:688819) Have A Healthy Balance Sheet?

A Look At The Intrinsic Value Of Tianneng Battery Group Co., Ltd. (SHSE:688819)

Sep 25
A Look At The Intrinsic Value Of Tianneng Battery Group Co., Ltd. (SHSE:688819)

Investors Aren't Buying Tianneng Battery Group Co., Ltd.'s (SHSE:688819) Earnings

Sep 04
Investors Aren't Buying Tianneng Battery Group Co., Ltd.'s (SHSE:688819) Earnings

Is Tianneng Battery Group (SHSE:688819) A Risky Investment?

Jul 12
Is Tianneng Battery Group (SHSE:688819) A Risky Investment?

Some Investors May Be Worried About Tianneng Battery Group's (SHSE:688819) Returns On Capital

May 30
Some Investors May Be Worried About Tianneng Battery Group's (SHSE:688819) Returns On Capital

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

May 03
Concerns Surrounding Tianneng Battery Group's (SHSE:688819) Performance

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

Mar 06
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?

Feb 28
Is Tianneng Battery Group (SHSE:688819) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: 688819's short term assets (CN¥31.8B) exceed its short term liabilities (CN¥25.1B).

Long Term Liabilities: 688819's short term assets (CN¥31.8B) exceed its long term liabilities (CN¥4.2B).

Debt to Equity History and Analysis

Debt Level: 688819 has more cash than its total debt.

Reducing Debt: 688819's debt to equity ratio has increased from 51.1% to 63% over the past 5 years.

Debt Coverage: 688819's debt is well covered by operating cash flow (23.4%).

Interest Coverage: 688819 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/26 23:44
End of Day Share Price 2025/01/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tianneng Battery Group Co., Ltd. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jiancong YuanCitic Securities Co., Ltd.
Weichen WuCitic Securities Co., Ltd.
Weiqi WangGuosen Securities Co., Ltd.