PaiNeng Technology closed at 44.17 yuan today, marking an increase of 2.65%. The company’s rolling price-to-earnings ratio (PE) stands at 264.20, with a total market capitalization of 10.838 billion yuan. In comparison to the average PE of 30.29 in the battery industry, and a median of 39.93, PaiNeng Technology ranks 72nd.
As of September 30, 2024, the number of shareholders in PaiNeng Technology has reached 23,237, an increase of 551 since the last report. The average market value of shares held per shareholder is 352,800 yuan, with an average holding of 27,600 shares.
Shanghai PaiNeng Energy Technology Co., Ltd. specializes in the research, development, production, and sales of lithium iron phosphate battery cells, modules, and energy storage battery systems. The company primarily produces energy storage battery systems and cells.
With a reputation for high-quality products, PaiNeng Technology has received numerous prestigious certifications and awards both domestically and internationally. Notable recognitions include:
- 2023 Best Energy Storage Battery Supplier Award from the China International Energy Storage Conference
- 2023 Best Home Energy Storage Supplier Award from the China Energy Storage Industry
- 2023 Most Influential Enterprise Award in the Energy Storage Industry
- Top 5 in global household energy storage battery shipments
- Top 10 in global energy storage battery shipments
- 2022 Energy Storage Project Application Innovation Award
Additionally, the company was recognized by the international research firm EuPD Research as a 2023 Top PV Storage Brand in Germany, Italy, and Spain, as well as a Top Storage Brand in Europe.
The latest financial report reveals that for the third quarter of 2024, the company reported an operating revenue of 1.412 billion yuan, a year-on-year decrease of 53.69%. The net profit stood at 37.3705 million yuan, down 94.29% from the previous year, with a gross margin of 35.61%.
| Stock Name | PE (TTM) | PE (Static) | Price-to-Book Ratio | Total Market Cap (yuan) |
|---|---|---|---|---|
| PaiNeng Technology | 264.20 | 264.20 | 1.18 | 10.838 billion |
| Industry Average | 30.29 | 41.24 | 3.81 | 27.947 billion |
| Industry Median | 39.93 | 39.93 | 2.29 | 7.412 billion |
