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Tonking New Energy Group Holdings (HKSE:08326) Median PS Value : HK$0.00 (As of Apr. 28, 2025)


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What is Tonking New Energy Group Holdings Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Tonking New Energy Group Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was HK$0.31. Tonking New Energy Group Holdings's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is HK$0.00.

As of today (2025-04-28), Tonking New Energy Group Holdings's share price is HK$0.163. Tonking New Energy Group Holdings's Median PS Value is HK$0.00. Therefore, Tonking New Energy Group Holdings's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Tonking New Energy Group Holdings's Median PS Value or its related term are showing as below:

During the past 12 years, the highest Price to Median PS Value of Tonking New Energy Group Holdings was 0.69. The lowest was 0.18. And the median was 0.42.

HKSE:08326's Price-to-Median-PS-Value is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.845
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Tonking New Energy Group Holdings Median PS Value Historical Data

The historical data trend for Tonking New Energy Group Holdings's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tonking New Energy Group Holdings Median PS Value Chart

Tonking New Energy Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.23

Tonking New Energy Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.73 0.71 0.23 -

Competitive Comparison of Tonking New Energy Group Holdings's Median PS Value

For the Utilities - Renewable subindustry, Tonking New Energy Group Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tonking New Energy Group Holdings's Price-to-Median-PS-Value Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tonking New Energy Group Holdings's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tonking New Energy Group Holdings's Price-to-Median-PS-Value falls into.


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Tonking New Energy Group Holdings Median PS Value Calculation

Tonking New Energy Group Holdings's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.31*0
=0.00

10-Year Median PS Ratio is 0.
Tonking New Energy Group Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.31.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tonking New Energy Group Holdings  (HKSE:08326) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Tonking New Energy Group Holdings's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.163/0.00
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tonking New Energy Group Holdings Median PS Value Related Terms

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Tonking New Energy Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
67 Mody Road, Room 701, 7th Floor, Peninsula Centre, Tsimshatsui, Kowloon, Hong Kong, HKG
Tonking New Energy Group Holdings Ltd is an investment holding company. The Company's principal activity is the renewable energy business in the People's Republic of China. Its operating segments include Sales of the patented photovoltaic tracking mounting bracket systems; Provision of one-stop value-added solutions for photovoltaic power stations and Sales of electricity. The company generates maximum revenue from the Sales of the patented photovoltaic tracking mounting bracket systems segment. The group's business is primarily operated through Hong Kong and China of which China accounts for a larger share of the revenue.
Executives
Wu Jiannong 2201 Interest of corporation controlled by you
Rise Triumph Limited 2101 Beneficial owner
Xu Jun 2101 Beneficial owner
Victory Stand International Limited 2101 Beneficial owner
Wu Kai Char 2201 Interest of corporation controlled by you

Tonking New Energy Group Holdings Headlines

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