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Should Weakness in Tianneng Battery Group Co., Ltd.'s (SHSE:688819) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Tianneng Co., Ltd.: Summary of the 2024 Annual Report of Tianneng Battery Group Co., Ltd.
Tianneng Co., Ltd.: 2024 Annual Report of Tianneng Battery Group Co., Ltd.
Tianneng Battery Group Co., Ltd. 2024 Annual Report
Summary of the 2024 Annual Report of Tianneng Battery Group Co., Ltd.
Tianeng Holdings (688819.SH): In 2024, Net income is expected to decline by 32.54% year-on-year, with a proposed dividend of 0.41 yuan per share.
On March 27, Glonghui reported that Tianneng Co., Ltd. (688819.SH) released its annual report for 2024. During the reporting period, the company achieved sales revenue of 45.042 billion yuan, a year-on-year decrease of 5.67%, and realized a net income of 1.555 billion yuan attributed to shareholders of the listed company, a year-on-year decrease of 32.54%. At the end of the reporting period, the company had total assets of 44.288 billion yuan, a year-on-year increase of 23.60%, and net assets of 15.889 billion yuan, a year-on-year increase of 3.03%. A cash dividend of 0.41 yuan per share was distributed to all shareholders.