Tianneng Battery Group Stock Total Asset

688819 Stock   29.11  0.58  2.03%   
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
Total Assets35.8 B24.3 B
As of November 25, 2024, Total Assets is expected to decline to about 24.3 B.
  
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Tianneng Battery Group Company Total Asset Analysis

Tianneng Battery's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

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Tangible Assets

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Intangible Assets

More About Total Asset | All Equity Analysis

Current Tianneng Battery Total Asset

    
  35.83 B  
Most of Tianneng Battery's fundamental indicators, such as Total 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.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

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 latest financial disclosure, Tianneng Battery Group has a Total Asset of 35.83 B. This is 70.92% lower than that of the Automobile Components sector and significantly higher than that of the Consumer Discretionary industry. The total asset for all China stocks is 21.61% lower than that of the firm.

Tianneng Total 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 Total 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 total 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.