Pai Neng Technology closed at 40.86 yuan, down 1.59%, with a rolling price-earnings ratio of 244.40 times and a total market capitalization of 10.025 billion yuan on March 24, 2025. The company ranks 72nd in the battery industry’s average price-earnings ratio of 29.11 times, and the industry median is 37.37 times. As of the third quarter of 2024, two institutional investors held shares in Pai Neng Technology, with a combined total of 242,000 shares valued at 10 million yuan.
Shanghai Pai Neng 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’s main products are energy storage battery systems and battery cells. Pai Neng has earned numerous prestigious certifications and awards for its high-quality products and excellent reputation, including the 2023 Best Energy Storage Battery Supplier Award and the 2023 Best Household Energy Storage Supplier Award from the China International Energy Storage Conference and the Energy Storage International Summit.
In its latest performance report for the third quarter of 2024, the company reported 1.412 billion yuan in revenue, a year-on-year decrease of 53.69%, and a net profit of 37.37 million yuan, down 94.29%, with a gross profit margin of 35.61%.
| Stock Name | PE (TTM) | PE (Static) | Price-to-Book Ratio | Total Market Value (yuan) |
|---|---|---|---|---|
| Pai Neng Technology | 244.40 | 244.40 | 1.09 | 1,002.5 million |
| Industry Average | 29.11 | 38.77 | 3.75 | 273.77 billion |
| Industry Median | 37.37 | 36.81 | 2.17 | 69.41 billion |
The data indicates that the company is facing significant challenges amid a turbulent market, as reflected in its declining revenues and profits.
