Paenergy Technology closed with a gain of 2.86% today, bringing its rolling price-to-earnings ratio (P/E) to 251.28 times and a total market capitalization of 10.308 billion yuan.
On April 2, the stock price reached 42.01 yuan. In comparison to the average P/E ratio of the battery industry, which stands at 28.57 times and a median of 37.03 times, Paenergy ranks 73rd in the industry. As of the third quarter report in 2024, there are 144 institutions holding shares in Paenergy, including 144 funds with a total of 14.1644 million shares valued at 567 million yuan.
Shanghai Paenergy Technology Co., Ltd. specializes in the research, 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. Paenergy has earned various prestigious certifications and awards in both domestic and international markets, including the 2023 Best Energy Storage Battery Supplier Award and the 2023 Best Home Energy Storage Supplier Award from the International Energy Storage Conference Committee and other organizations.
According to the latest performance report for the third quarter of 2024, the company reported an operating income of 1.412 billion yuan, reflecting a year-on-year decrease of 53.69%. The net profit was 37.3705 million yuan, down 94.29%, with a sales gross margin of 35.61%.
| Stock Name | P/E (TTM) | P/E (Static) | Price-to-Book Ratio | Market Capitalization (Yuan) |
|---|---|---|---|---|
| Paenergy Technology | 251.28 | 251.28 | 1.12 | 10.308 billion |
| Industry Average | 28.57 | 37.63 | 3.62 | 26.537 billion |
| Industry Median | 37.03 | 36.75 | 2.14 | 6.524 billion |
| Others | -151.58 | 40.13 | 2.30 | 3.761 billion |
