Report
EUR 13.73 For Business Accounts Only

Thanks to a better fundamental star rating, TIANNENG POWER INTL. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to TIANNENG POWER INTL. (HK), active in the Automobiles industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date November 30, 2021, the closing price was HKD 8.64 and its expected value was estimated at HKD 8.79.
Underlying
Tianneng Power International Limited

Tianneng Power International is an investment holding company engaged in providing corporate management services. Through its subsidiaries, Co. is engaged in the production and sale of motive battery products and new energy storage battery products in the People's Republic of China (the PRC). Co.'s motive battery products are sold under its own brand name TIANNENG and are primarily used in electric bikes, electric motorcycles and electric cars sold and distributed in the PRC. Co.'s new energy storage battery products are mainly used for wind and solar power generation system.

Provider
TheScreener
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