Paineng Technology saw a closing increase of 2.65%, with a rolling price-to-earnings (PE) ratio of 264.20 times and a total market capitalization of 10.838 billion yuan on March 17, 2025. The stock closed at 44.17 yuan. In comparison to the average PE ratio of 30.29 times in the battery industry and a median of 39.93 times, Paineng Technology ranks 72nd among peers.
As of September 30, 2024, Paineng Technology had 23,237 shareholders, an increase of 551 from the previous count, with an average holding value of 352,800 yuan and an average of 27,600 shares per shareholder.
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. Its primary products include energy storage battery systems and battery cells. The company has received numerous prestigious certifications and awards both domestically and internationally, including the 2023 Best Energy Storage Battery Supplier Award and the 2023 Best Home Energy Storage Supplier Award from the China International Energy Storage Conference.
Recent performance reports indicate that for the third quarter of 2024, Paineng Technology achieved an operating revenue of 1.412 billion yuan, a year-over-year decrease of 53.69%. The net profit stood at 37.3705 million yuan, down 94.29%, with a gross margin of 35.61%.
| Stock Name | PE (TTM) | PE (Static) | Price-to-Book Ratio | Market Capitalization (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 |
In summary, while Paineng Technology has demonstrated a robust reputation in the energy storage sector, recent financial results indicate significant challenges ahead.
