Tianneng Power International Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Net Sales

83,126.16

92,699.36

86,749.13

1,03,185.24

60,145.73

46,052.38

41,160.78

Other Operating Income

0.00

Total Operating income

83,126.16

92,699.36

86,749.13

1,03,185.24

60,145.73

46,052.38

41,160.78

Raw Material Cost

77,800.07

86,108.42

79,319.15

97,615.93

53,974.29

40,736.85

36,373.74

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

3,151.09

3,624.18

3,804.61

3,257.00

2,538.11

2,211.14

1,948.61

Power Cost

0.00

Manufacturing Expenses

592.56

533.47

396.24

306.23

238.37

289.19

224.51

Selling and Distribution Expenses

2,822.04

3,134.70

3,180.94

2,579.24

1,953.16

1,805.42

1,784.10

Other Expenses

-153.92

-202.81

-231.42

-177.57

-134.88

-119.20

-85.33

Total Expenditure (Excl Depreciation)

82,826.57

91,372.62

84,386.72

1,01,982.69

57,355.10

43,850.66

39,477.67

Operating Profit (PBDIT) excl Other Income

299.6

1326.6999999999998

2362.4

1202.5

2790.6

2201.7

1683.1

Other Income

2,122.61

1,925.43

1,026.68

1,223.80

724.52

452.46

335.59

Operating Profit (PBDIT)

3,770.53

4,323.62

4,373.73

3,152.58

4,109.86

3,231.62

2,533.03

Interest

592.56

533.47

396.24

306.23

238.37

289.19

224.51

Exceptional Items

84.36

1.71

102.93

97.08

38.68

14.19

-11.11

Gross Profit (PBDT)

5,326.08

6,590.94

7,429.98

5,569.31

6,171.44

5,315.52

4,787.03

Depreciation

1,210.44

958.30

894.44

726.23

594.70

545.57

488.12

Profit Before Tax

2,051.89

2,833.57

3,185.99

2,217.20

3,315.46

2,411.04

1,809.28

Tax

644.14

804.20

766.53

344.36

500.22

453.67

349.98

Provisions and contingencies

0.00

Profit After Tax

1,238.62

2,013.13

2,088.98

1,566.72

2,783.30

1,907.05

1,407.46

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,238.62

2,013.13

2,088.98

1,566.72

2,783.30

1,907.05

1,407.46

Share in Profit of Associates

0.00

Minority Interest

168.60

15.33

329.44

302.82

31.07

50.03

55.55

Other related items

0.00

Consolidated Net Profit

1,407.22

2,028.45

2,418.41

1,869.54

2,814.37

1,957.08

1,463.01

Equity Capital

0.00

Face Value

0.0

Reserves

17,198.27

17,461.81

16,216.98

15,878.59

10,369.80

7,455.00

5,869.80

Earnings per share (EPS)

1.09

1.75

1.82

1.36

2.41

1.66

1.22

Diluted Earnings per share

1.09

1.75

1.82

1.36

2.41

1.66

1.22

Operating Profit Margin (Excl OI)

0.53%

1.55%

2.83%

1.17%

4.64%

4.85%

4.15%

Gross Profit Margin

3.92%

4.09%

4.7%

2.85%

6.5%

6.42%

5.58%

PAT Margin

1.49%

2.17%

2.41%

1.52%

4.63%

4.14%

3.42%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2024 is -10.33% vs 6.86% in Dec 2023

Consolidate Net Profit

YoY Growth in year ended Dec 2024 is -30.63% vs -16.12% in Dec 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2024 is -31.29% vs -28.35% in Dec 2023

Interest

YoY Growth in year ended Dec 2024 is 11.08% vs 34.65% in Dec 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2024 has fallen from Dec 2023

Compare Annual Results Of Tianneng Power International Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(HKD)

Change(%)

Net Sales

83,126.16

31,001.92

52,124.24

168.13%

Other Operating Income

0.00

Total Operating income

83,126.16

31,001.92

52,124.24

168.13%

Raw Material Cost

77,800.07

21,253.71

56,546.36

266.05%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

3,151.09

3,300.06

-148.97

-4.51%

Power Cost

0.00

Manufacturing Expenses

592.56

51.03

541.53

1,061.20%

Selling and Distribution Expenses

2,822.04

2,142.98

679.06

31.69%

Other Expenses

-153.92

-43.45

-110.47

-254.25%

Total Expenditure (Excl Depreciation)

82,826.57

26,313.28

56,513.29

214.77%

Operating Profit (PBDIT) excl Other Income

299.58

4,688.64

-4,389.06

-93.61%

Other Income

2,122.61

891.99

1,230.62

137.96%

Operating Profit (PBDIT)

3,770.53

7,131.12

-3,360.59

-47.13%

Interest

592.56

51.03

541.53

1,061.20%

Exceptional Items

84.36

-96.19

180.55

187.70%

Gross Profit (PBDT)

5,326.08

9,748.20

-4,422.12

-45.36%

Depreciation

1,210.44

1,685.20

-474.76

-28.17%

Profit Before Tax

2,051.89

5,298.69

-3,246.80

-61.28%

Tax

644.14

612.30

31.84

5.20%

Provisions and contingencies

0.00

Profit After Tax

1,238.62

4,442.79

-3,204.17

-72.12%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,238.62

4,442.79

-3,204.17

-72.12%

Share in Profit of Associates

0.00

Minority Interest

168.60

230.49

-61.89

-26.85%

Other related items

0.00

Consolidated Net Profit

1,407.22

4,673.28

-3,266.06

-69.89%

Equity Capital

0.00

Face Value

0.00

1.11

0.00

Reserves

17,198.27

47,322.47

-30,124.20

-63.66%

Earnings per share (EPS)

1.09

3.24

-2.15

-66.36%

Diluted Earnings per share

1.09

3.24

-2.15

-66.36%

Operating Profit Margin (Excl OI)

0.53%

14.69%

0.00

-14.16%

Gross Profit Margin

3.92%

22.53%

0.00

-18.61%

PAT Margin

1.49%

14.33%

0.00

-12.84%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 8,312.62 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -10.33% vs 6.86% in Dec 2023

Annual - Consolidate Net Profit

Consolidate Net Profit 140.72 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -30.63% vs -16.12% in Dec 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 164.79 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -31.29% vs -28.35% in Dec 2023

Annual - Interest

Interest 59.26 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 11.08% vs 34.65% in Dec 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 0.53%

in Dec 2024

Figures in %

YoY Growth in year ended Dec 2024 has fallen from Dec 2023