Tianneng Power International Full Year 2024 Earnings: Misses Expectations

Simply Wall St·03/29/2025 00:22:33

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Tianneng Power International (HKG:819) Full Year 2024 Results

Key Financial Results

Revenue: CN¥76.7b (down 8.6% from FY 2023).
Net income: CN¥1.14b (down 37% from FY 2023).
Profit margin: 1.5% (down from 2.2% in FY 2023). The decrease in margin was driven by lower revenue.
EPS: CN¥1.01 (down from CN¥1.62 in FY 2023).

earnings-and-revenue-growth — SEHK:819 Earnings and Revenue Growth March 29th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Tianneng Power International Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 41%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Auto Components industry in Hong Kong.

Performance of the Hong Kong Auto Components industry.

The company's shares are down 13% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Tianneng Power International, and understanding these should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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