PaiNeng Technology closed down by 2.76%, with a rolling price-to-earnings (P/E) ratio of 244.34 and a total market capitalization of 10.023 billion yuan on April 3rd, 2025. The company’s stock price at closing was 40.85 yuan. In comparison, the average P/E ratio in the battery industry stands at 27.89, with a median of 36.76, placing PaiNeng Technology at 73rd in industry rankings.
As of the third quarter report in 2024, a total of 144 institutions held shares in PaiNeng Technology, including 144 funds with a combined holding of 14.1644 million shares, valued at 567 million yuan.
Shanghai PaiNeng Energy Technology Co., Ltd. focuses on the research, development, production, and sales of lithium iron phosphate battery cells, modules, and energy storage battery systems. The company’s primary products include energy storage battery systems and battery cells. PaiNeng has earned numerous prestigious certifications and awards both domestically and internationally, including the “Best Energy Storage Battery Supplier Award” and “Best Home Energy Storage Supplier Award” for 2023 from the China International Energy Storage Conference and other related organizations. They were also recognized as one of the top five global home energy storage battery suppliers and ranked in the top ten for global energy storage battery shipments.
The latest financial results show that in the third quarter of 2024, the company achieved a revenue of 1.412 billion yuan, reflecting a decrease of 53.69% year-on-year, with a net profit of 37.3705 million yuan, down 94.29% compared to the previous year. The gross profit margin for sales was 35.61%.
Key Financial Metrics:
| Stock Name | P/E (TTM) | P/E (Static) | Price-to-Book Ratio | Market Capitalization (yuan) |
|---|---|---|---|---|
| PaiNeng Technology | 244.34 | 244.34 | 1.09 | 10.023 billion |
| Industry Average | 27.89 | 36.98 | 3.54 | 25.933 billion |
| Industry Median | 36.76 | 35.81 | 2.07 | 6.290 billion |
