Employees: 2,336
Size Triumph New Energy (1108.HK) is a Hong Kong Consumer Discretionary company (Home Furnishings) with a market value of $473M, the 766th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.83 on 6 Nov 2026.
Performance Over six months the shares fell 50.7%, against -14.0% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue fell 36.3% over the last twelve months (peer median -0.4%); the operating margin is -76.2% (peer median 1.4%).
Valuation It trades at 4.8× enterprise value to sales against a peer median of 1.7× (5th most expensive of 21).
Capital Return on invested capital runs 17.2 points below its cost of capital (6.0% WACC).
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$2.46B | HK$3.52B | HK$4.98B | HK$7.29B | HK$5.85B |
| Revenue growth | — | -29% | -32% | +25% | — |
| Gross profit | -HK$616M | -HK$477M | -HK$265M | HK$794M | HK$651M |
| EBITDA | n/a | -HK$578M | -HK$384M | HK$726M | HK$586M |
| Net income | -HK$1.75B | -HK$992M | -HK$661M | HK$436M | HK$476M |
| Free cash flow | -HK$957M | -HK$1.27B | -HK$1.12B | -HK$1.90B | -HK$1.54B |
| Capital expenditure | HK$178M | HK$467M | HK$689M | HK$2.06B | HK$1.08B |
| Total debt | HK$7.87B | HK$7.68B | HK$6.35B | HK$5.99B | HK$4.28B |
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 | 1108.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.7% | -7.3% | 6th lowest of 21 |
| 6-month return | -50.7% | -14.0% | lowest of 21 |
| Distance from 52-week high | -65.5% | -41.4% | lowest of 21 |
| Revenue growth (TTM) | -36.3% | -0.4% | lowest of 21 |
| Operating margin | -76.2% | 1.4% | lowest of 21 |
| EV / Sales | 4.8× | 1.7× | 5th most expensive of 21 |
| ROIC minus cost of capital | -17.2 pp | -2.8 pp | 3rd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Triumph New Energy 1108.HK | Hong Kong | $473M | -51% | -36% | -76% | 4.8× | n/a | n/a |
| G-Tech Optoelectronics 3149.TW | Taiwan | $484M | +22% | +8% | -21% | 7.0× | n/a | n/a |
| Hanssem 009240.KS | South Korea | $496M | -6% | -10% | 2% | 0.5× | 5.4% | -3.3% |
| AUPU Intelligent Technology 603551.SS | China | $503M | -27% | +5% | 13% | 1.4× | -5.6% | +3.3% |
| DO & SHUIHUA 002798.SZ | China | $443M | -35% | -18% | -20% | 2.1× | 15.8% | -16.3% |
| Sleemon Healthy Sleep Technology 603008.SS | China | $505M | -11% | -2% | 1% | 0.5× | 23.5% | +9.4% |
| Ethan Allen Interiors ETD | United States | $506M | -2% | -6% | 8% | 0.8× | 3.3% | -3.3% |
| Zhejiang Zhengte 001238.SZ | China | $506M | -38% | +24% | 0% | 1.7× | 24.6% | +12.9% |
| Guangdong Piano Customized Furniture 002853.SZ | China | $520M | -30% | -30% | -23% | 7.1× | n/a | n/a |
| Healthcare 603313.SS | China | $533M | -2% | +4% | 2% | 0.7× | -9.0% | +6.4% |
| DFS Furniture DFS.L | United Kingdom | $420M | +12% | +3% | 7% | 0.7× | -2.5% | -0.1% |
| Guangzhou Shangpin Home Collection 300616.SZ | China | $419M | -30% | -21% | -20% | 1.5× | n/a | n/a |
| Hebei Keli Automobile Equipment 301552.SZ | China | $418M | -29% | -5% | 21% | 3.4× | 9.0% | +31.2% |
| Keeson Technology 603610.SS | China | $550M | -39% | +11% | 2% | 1.2× | 10.4% | +6.1% |
| Guangzhou Holike Creative Home 603898.SS | China | $555M | -7% | -21% | -5% | 2.0× | n/a | n/a |
| GuangDong Topstrong Living Innovation & Integration 300749.SZ | China | $570M | -24% | -34% | -13% | 6.5× | n/a | n/a |
| Zhejiang Zhenshi New Materials 601112.SS | China | $393M | -27% | +62% | 11% | 0.6× | n/a | n/a |
| Anhui Deli Household Glass 002571.SZ | China | $574M | -15% | -16% | -10% | 3.2× | n/a | n/a |
| Zhang Xiaoquan 301055.SZ | China | $597M | -13% | +15% | 5% | 3.1× | 27.1% | +12.4% |
| GWA GWA.AX | Australia | $374M | +2% | +1% | 18% | 1.6× | 1.3% | +0.8% |
| Guang Dong Sitong 603838.SS | China | $612M | +43% | +8% | -23% | 10.0× | n/a | n/a |