Market Performance
| Item | Price (CNY) | % Change (24 h) | Market Cap (CNY) | P/E Ratio |
|---|---|---|---|---|
| TBEA Co. Ltd. | 17.65 | 0 % | 11.9 bn | — |
| Inner Mongolia Shuangxin E | 11.47 | 0 % | 13.2 bn | 24.25 |
| Zhejiang E‑p Equipment | 33.60 | 0 % | 13.2 bn | 16.49 |
| Henan Liliang Diamond L | 50.80 | 0 % | 13.2 bn | 80.62 |
| Item | Price (HKD) | % Change (24 h) | Market Cap (HKD) | P/E Ratio |
|---|---|---|---|---|
| Shenwan Hongyuan | 2.24 | –2.24 % | 15.5 bn | 4.35 |
| Kuaishou | 27.90 | –4.49 % | 15.5 bn | 6.65 |
TBEA
- Shares traded flat during the 24‑hour period ending 03:16 PM Central Europe, Friday 23 Feb 2026.
- Current share price: 17.65 CNY.
- Total supply: 5.1 bn shares.
- Market capitalization: 11.9 bn CNY.
- Volume in last 24 h: 813.3 mn CNY.
- Year‑to‑date change (since 31 Jan 2026): –3.92 %.
- 200‑day simple moving average: 20.56 CNY.
- 52‑week high: 33.28 CNY (05 Mar 2026).
- 52‑week low: 16.78 CNY (15 Oct 2026).
Financial Highlights
- Operating earnings increased modestly in the first three quarters of 2026.
- Revenue growth aligns with the broader expansion in the power‑equipment sector driven by state‑grid investment.
- Net profit after special items rose, though the increase is below overall earnings, indicating core‑business stabilization.
- Operating cash flow improved significantly, reflecting a favorable balance between pre‑payment receipts and the longer duration of testing projects.
- TBEA is expanding its testing portfolio to include storage and renewable‑energy equipment, positioning itself to capture new segments as the grid renews its infrastructure.
- International testing contracts have begun to surface but remain a small portion of revenue.
- The company’s outlook suggests gradual growth powered by domestic demand from grid expansion and cautious overseas expansion into new‑technology markets.
Related Corporate News
- Kuaishou Technology: Its subsidiary Kling AI secured a sizeable funding round, positioning it among the most valued players in China’s AI‑video sector. The investment supports infrastructure expansion and hiring, reinforcing Kuaishou’s focus on advanced AI services within its broader ecosystem.
Company Profile
TBEA Co., Ltd. is headquartered in Changji, China, and specializes in manufacturing electrical equipment such as transformers, reactors, mutual inductors, and other products. The company also produces new‑energy equipment and new materials. Its IPO was conducted on 4 June 1997, and shares are listed on the Shanghai Stock Exchange. Further information is available at www.tbea.com .
