Tianneng Battery Group Stock Net Asset

688819 Stock   28.45  0.36  1.25%   
Tianneng Battery Group fundamentals help investors to digest information that contributes to Tianneng Battery's financial success or failures. It also enables traders to predict the movement of Tianneng Stock. The fundamental analysis module provides a way to measure Tianneng Battery's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tianneng Battery stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tianneng Battery Group Company Net Asset Analysis

Tianneng Battery's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

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Current Market Value

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Current Liabilities

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Current Tianneng Battery Net Asset

    
  35.83 B  
Most of Tianneng Battery's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tianneng Battery Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Tianneng Total Assets

Total Assets

24.3 Billion

At present, Tianneng Battery's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Tianneng Battery Group has a Net Asset of 35.83 B. This is much higher than that of the Automobile Components sector and significantly higher than that of the Consumer Discretionary industry. The net asset for all China stocks is notably lower than that of the firm.

Tianneng Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tianneng Battery's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tianneng Battery could also be used in its relative valuation, which is a method of valuing Tianneng Battery by comparing valuation metrics of similar companies.
Tianneng Battery is currently under evaluation in net asset category among its peers.

Tianneng Fundamentals

About Tianneng Battery Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tianneng Battery Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tianneng Battery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tianneng Battery Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Tianneng Stock

Tianneng Battery financial ratios help investors to determine whether Tianneng Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tianneng with respect to the benefits of owning Tianneng Battery security.