Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Excellent dividends
About
Tianneng Power International Limited, an investment holding company, engages in the research, development, manufacture, and sale of power batteries for electric vehicle market in the People's Republic of China and internationally. It operates in two segments, Manufacturing Business and Trading. The company offers two and three wheeled electric vehicle, start-stop, energy storage and backup, and special electric vehicle batteries; and lithium-ion. It also manufactures and sells lead-acid and lithium-ion batteries, electrode plates, and recycled materials; sells metal materials; and trades in materials, as well as provides transportation services. The company was founded in 1986 and is based in Wan Chai, Hong Kong.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair value on EV/E
Target Price
The average target price of 0819.HK is 8.63 and suggests 88.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i