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← CockpitCompetitor Analysis › 1108.HK Triumph New Energy Company Limited Class HOpen in the cockpit ↗

Triumph New Energy Company Limited Class H1108.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Consumer Discretionary›Home Furnishings
Momentum laggard 16
Mkt cap
$473M
US dollars, full cap
Free float
99%
of shares outstanding
$/day
$468,741
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-17.2 pp
WACC 6.0%
Hurdle
n/a
no reverse DCF
Next earnings
145 days
31 Mar 2027
Close · HKDHK$1.83
1D-1.9%
1W+6.4%
1M-13.7%
3M-23.1%
6M-50.7%
YTD-50.7%
1Y-54.6%
ATR %4.4%
52w lowhigh65.5% off high

What Triumph New Energy does

Employees: 2,336

Triumph New Energy at a glance

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).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 851108.HK 53
Six months, rebased to 100: Triumph New Energy against the median of its 20 peers (local-currency closes).

Triumph New Energy financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$2.46BHK$3.52BHK$4.98BHK$7.29BHK$5.85B
Revenue growth—-29%-32%+25%—
Gross profit-HK$616M-HK$477M-HK$265MHK$794MHK$651M
EBITDAn/a-HK$578M-HK$384MHK$726MHK$586M
Net income-HK$1.75B-HK$992M-HK$661MHK$436MHK$476M
Free cash flow-HK$957M-HK$1.27B-HK$1.12B-HK$1.90B-HK$1.54B
Capital expenditureHK$178MHK$467MHK$689MHK$2.06BHK$1.08B
Total debtHK$7.87BHK$7.68BHK$6.35BHK$5.99BHK$4.28B

Quarterly statements and history in the cockpit →

Triumph New Energy competitor charts

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.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%-10%0%3149009240603551002798603008ETD001238002853603313DFS300616301552603610603898300749601112002571301055GWA6038381108.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Triumph New Energy is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%2×4×6×3149009240603551002798603008ETD001238002853603313300616301552603610300749601112002571301055GWA6038381108.HKRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Triumph New Energy is the large dot.

Triumph New Energy competitors and peer comparison

How Triumph New Energy compares with its peers

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.

Triumph New Energy against its 20 peers (data as of 6 Nov 2026)
Measure1108.HKPeer medianRank 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 / Sales4.8×1.7×5th most expensive of 21
ROIC minus cost of capital-17.2 pp-2.8 pp3rd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Triumph New Energy 1108.HKHong Kong$473M-51%-36%-76%4.8×n/an/a
G-Tech Optoelectronics 3149.TWTaiwan$484M+22%+8%-21%7.0×n/an/a
Hanssem 009240.KSSouth Korea$496M-6%-10%2%0.5×5.4%-3.3%
AUPU Intelligent Technology 603551.SSChina$503M-27%+5%13%1.4×-5.6%+3.3%
DO & SHUIHUA 002798.SZChina$443M-35%-18%-20%2.1×15.8%-16.3%
Sleemon Healthy Sleep Technology 603008.SSChina$505M-11%-2%1%0.5×23.5%+9.4%
Ethan Allen Interiors ETDUnited States$506M-2%-6%8%0.8×3.3%-3.3%
Zhejiang Zhengte 001238.SZChina$506M-38%+24%0%1.7×24.6%+12.9%
Guangdong Piano Customized Furniture 002853.SZChina$520M-30%-30%-23%7.1×n/an/a
Healthcare 603313.SSChina$533M-2%+4%2%0.7×-9.0%+6.4%
DFS Furniture DFS.LUnited Kingdom$420M+12%+3%7%0.7×-2.5%-0.1%
Guangzhou Shangpin Home Collection 300616.SZChina$419M-30%-21%-20%1.5×n/an/a
Hebei Keli Automobile Equipment 301552.SZChina$418M-29%-5%21%3.4×9.0%+31.2%
Keeson Technology 603610.SSChina$550M-39%+11%2%1.2×10.4%+6.1%
Guangzhou Holike Creative Home 603898.SSChina$555M-7%-21%-5%2.0×n/an/a
GuangDong Topstrong Living Innovation & Integration 300749.SZChina$570M-24%-34%-13%6.5×n/an/a
Zhejiang Zhenshi New Materials 601112.SSChina$393M-27%+62%11%0.6×n/an/a
Anhui Deli Household Glass 002571.SZChina$574M-15%-16%-10%3.2×n/an/a
Zhang Xiaoquan 301055.SZChina$597M-13%+15%5%3.1×27.1%+12.4%
GWA GWA.AXAustralia$374M+2%+1%18%1.6×1.3%+0.8%
Guang Dong Sitong 603838.SSChina$612M+43%+8%-23%10.0×n/an/a

Questions

Which companies are Triumph New Energy's closest peers?
The cockpit's peer set: G-Tech Optoelectronics (3149.TW), Hanssem (009240.KS), AUPU Intelligent Technology (603551.SS), DO & SHUIHUA (002798.SZ), Sleemon Healthy Sleep Technology (603008.SS), Ethan Allen Interiors (ETD), Zhejiang Zhengte (001238.SZ), Guangdong Piano Customized Furniture (002853.SZ).
Is Triumph New Energy expensive compared with its peers?
On ev / sales it trades at 4.8× against a peer median of 1.7×, 5th most expensive of 21 in its peer set.
How has Triumph New Energy stock performed?
Over six months to 6 Nov 2026 the shares returned -50.7% against -14.0% for the median peer; over one year -54.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.