Loading…
Employees: 20,698
Size Tianneng Power International (0819.HK) is a Hong Kong Industrials company (Electrical Products) with a market value of $470M, the 768th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$3.27 on 6 Nov 2026.
Performance Over six months the shares fell 47.4%, against -28.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 5.9% over the last twelve months (peer median +14.9%); the operating margin is 0.6% (peer median 0.6%).
Valuation It trades at 5.2× forward earnings against a peer median of 13.4× (cheapest of 9).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.2 points below its cost of capital (5.0% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$58.3B | HK$58.3B | HK$83.1B | HK$92.7B | HK$86.7B |
| Revenue growth | — | -30% | -10% | +7% | — |
| Gross profit | HK$5.64B | HK$5.73B | HK$5.33B | HK$6.59B | HK$7.43B |
| EBITDA | HK$1.73B | HK$2.13B | HK$1.65B | HK$2.40B | HK$3.35B |
| Net income | HK$999M | HK$1.56B | HK$1.24B | HK$2.01B | HK$2.09B |
| Free cash flow | HK$3.04B | HK$4.29B | -HK$1.66B | -HK$1.26B | -HK$1.53B |
| Capital expenditure | HK$1.40B | HK$1.64B | HK$2.71B | HK$4.11B | HK$3.52B |
| Total debt | n/a | HK$26.5B | HK$27.0B | HK$17.9B | HK$13.9B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0819.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.7% | -9.7% | 8th lowest of 21 |
| 6-month return | -47.4% | -28.7% | 3rd lowest of 21 |
| Distance from 52-week high | -63.6% | -45.1% | 2nd lowest of 21 |
| Revenue growth (TTM) | +5.9% | +14.9% | 9th lowest of 21 |
| Operating margin | 0.6% | 0.6% | 11th highest of 21 |
| Forward P/E | 5.2× | 13.4× | cheapest of 9 |
| Growth the price implies (Req g, 7 yrs) | -1.3% | 18.1% | 2nd least demanding of 10 |
| Growth delivered (Del g) | -0.6% | +6.1% | 4th lowest of 10 |
| Hurdle (Req g minus delivered) | -0.7 pp | +4.6 pp | 4th least demanding of 10 |
| ROIC minus cost of capital | -4.2 pp | -5.0 pp | 8th highest of 21 |
| Net debt / EBITDA | 2.7× | 0.4× | 2nd most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Tianneng Power International 0819.HK | Hong Kong | $470M | -47% | +6% | 1% | 5.2× | -1.3% | -0.6% |
| Cheng Mei Materials Technology 4960.TW | Taiwan | $470M | -36% | -7% | -14% | n/a | n/a | n/a |
| Taier Heavy Industry 002347.SZ | China | $471M | -22% | -1% | -7% | n/a | 18.1% | +6.1% |
| SolaX Power Network Technology (Zhejiang) 688717.SS | China | $468M | -68% | +57% | 0% | 60.3× | n/a | n/a |
| Transtech Optelecom Science 9963.HK | Hong Kong | $467M | +63% | +76% | -3% | n/a | 54.9% | -18.2% |
| Maxell 6810.T | Japan | $474M | +2% | +6% | 6% | 9.3× | -1.1% | -1.4% |
| Jiangsu Ruitai New Energy Materials 301238.SZ | China | $474M | -34% | +50% | -5% | n/a | n/a | n/a |
| Song Chuan Precision 7788.TW | Taiwan | $467M | +15% | +34% | 9% | 20.9× | n/a | n/a |
| Shanghai XFH Technology 300890.SZ | China | $475M | -35% | +52% | 7% | 35.8× | n/a | n/a |
| Sinostar Cable 300933.SZ | China | $477M | -29% | +13% | 0% | n/a | n/a | n/a |
| Zhejiang Tengen Electrics 605066.SS | China | $477M | -21% | -3% | 0% | n/a | n/a | n/a |
| Sichuan Zhongguang Lightning Protection Technologies 300414.SZ | China | $478M | -31% | +21% | 3% | n/a | n/a | n/a |
| Senci Electric Machinery 603109.SS | China | $460M | -33% | -3% | 4% | 9.5× | 18.1% | +13.4% |
| Daewon Cable 006340.KS | South Korea | $457M | -49% | +38% | 2% | n/a | n/a | n/a |
| Anfu CE LINK 300787.SZ | China | $484M | -4% | +17% | -1% | n/a | n/a | n/a |
| Lanzhou Greatwall Electrcal 600192.SS | China | $453M | -17% | -6% | -23% | n/a | n/a | n/a |
| Nantong Xingqiu Graphite 688633.SS | China | $490M | -47% | +44% | 31% | 8.1× | -6.5% | +7.6% |
| Changzhou Xiangming Intelligent Drive System 301226.SZ | China | $450M | -29% | +4% | 1% | n/a | 38.8% | -1.6% |
| SEMCNS 252990.KS | South Korea | $492M | -20% | +66% | 29% | 17.4× | 14.8% | +16.8% |
| Beijing Dinghan Technology 300011.SZ | China | $494M | -26% | -2% | -1% | n/a | 31.5% | +7.2% |
| Takaoka Toko 6617.T | Japan | $443M | -40% | +6% | 9% | 6.5× | 2.3% | +4.0% |