Tianneng Battery Group Stock Net Income

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.
Last ReportedProjected for Next Year
Net Income2.3 B1.7 B
Net Income From Continuing Ops2.1 BB
As of November 29, 2024, Net Income is expected to decline to about 1.7 B. In addition to that, Net Income From Continuing Ops is expected to decline to about 2 B.
  
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Tianneng Battery Group Company Net Income Analysis

Tianneng Battery's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Tianneng Battery Net Income

    
  2.3 B  
Most of Tianneng Battery's fundamental indicators, such as Net Income, 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Tianneng Operating Income

Operating Income

2.17 Billion

At present, Tianneng Battery's Operating Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Tianneng Battery Group reported net income of 2.3 B. This is 351.29% higher than that of the Automobile Components sector and significantly higher than that of the Consumer Discretionary industry. The net income for all China stocks is significantly lower than that of the firm.

Tianneng Net Income 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 Income 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 income 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.