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China Titans Energy Technology Group

DB:ITE
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ITE
DB
HK$361M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

China Titans Energy Technology Group Co., Limited, an investment holding company, engages in the research, development, manufacture, and sale of power electric products and equipment in the People’s Republic of China. The last earnings update was 4 days ago. More info.


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  • China Titans Energy Technology Group has significant price volatility in the past 3 months.
ITE Share Price and Events
7 Day Returns
-2.6%
DB:ITE
9.2%
DE Electrical
9.9%
DE Market
1 Year Returns
-38.3%
DB:ITE
-8.2%
DE Electrical
-17.5%
DE Market
ITE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Titans Energy Technology Group (ITE) -2.6% -9.8% -18.7% -38.3% -70.9% -68.4%
DE Electrical 9.2% -20.6% -35.2% -8.2% -43.7% -44.1%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • ITE underperformed the Electrical industry which returned -8.2% over the past year.
  • ITE underperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
ITE
Industry
5yr Volatility vs Market

ITE Value

 Is China Titans Energy Technology Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for China Titans Energy Technology Group. This is due to cash flow or dividend data being unavailable. The share price is €0.037.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China Titans Energy Technology Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Titans Energy Technology Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:ITE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥-0.05
SEHK:2188 Share Price ** SEHK (2020-03-31) in HKD HK$0.39
SEHK:2188 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.914 CN¥0.36
Germany Electrical Industry PE Ratio Median Figure of 6 Publicly-Listed Electrical Companies 22.57x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China Titans Energy Technology Group.

DB:ITE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2188 Share Price ÷ EPS (both in CNY)

= 0.36 ÷ -0.05

-6.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Titans Energy Technology Group is loss making, we can't compare its value to the DE Electrical industry average.
  • China Titans Energy Technology Group is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does China Titans Energy Technology Group's expected growth come at a high price?
Raw Data
DB:ITE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 1x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for China Titans Energy Technology Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China Titans Energy Technology Group's assets?
Raw Data
DB:ITE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥0.57
SEHK:2188 Share Price * SEHK (2020-03-31) in HKD HK$0.39
SEHK:2188 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.914 CN¥0.36
Germany Electrical Industry PB Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.69x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:ITE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2188 Share Price ÷ Book Value per Share (both in CNY)

= 0.36 ÷ 0.57

0.63x

* Primary Listing of China Titans Energy Technology Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Titans Energy Technology Group is good value based on assets compared to the DE Electrical industry average.
X
Value checks
We assess China Titans Energy Technology Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. China Titans Energy Technology Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ITE Future Performance

 How is China Titans Energy Technology Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Titans Energy Technology Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
69.2%
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Titans Energy Technology Group expected to grow at an attractive rate?
  • Unable to compare China Titans Energy Technology Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare China Titans Energy Technology Group's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare China Titans Energy Technology Group's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:ITE Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 69.2%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:ITE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:ITE Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:ITE Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 301 -48
2019-09-30 289 -44
2019-06-30 277 -43 -40
2019-03-31 274 -17 -40
2018-12-31 270 9 -40
2018-09-30 291 -27 59
2018-06-30 312 -63 158
2018-03-31 320 -92 161
2017-12-31 328 -121 164
2017-09-30 318 -33 89
2017-06-30 309 55 15
2017-03-31 299 62 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if China Titans Energy Technology Group is high growth as no earnings estimate data is available.
  • Unable to determine if China Titans Energy Technology Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:ITE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from China Titans Energy Technology Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:ITE Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:ITE Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 -0.05
2019-09-30 -0.05
2019-06-30 -0.04
2019-03-31 -0.04
2018-12-31 -0.04
2018-09-30 0.06
2018-06-30 0.17
2018-03-31 0.17
2017-12-31 0.18
2017-09-30 0.10
2017-06-30 0.02
2017-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if China Titans Energy Technology Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ITE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. China Titans Energy Technology Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. China Titans Energy Technology Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess China Titans Energy Technology Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China Titans Energy Technology Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ITE Past Performance

  How has China Titans Energy Technology Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China Titans Energy Technology Group's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • China Titans Energy Technology Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare China Titans Energy Technology Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare China Titans Energy Technology Group's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Earnings and Revenue History
China Titans Energy Technology Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China Titans Energy Technology Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:ITE Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 301.21 -47.60 108.43
2019-09-30 289.21 -43.98 111.62
2019-06-30 277.21 -40.35 114.82
2019-03-31 273.71 -40.26 122.26
2018-12-31 270.20 -40.17 129.69
2018-09-30 291.15 59.11 123.59
2018-06-30 312.11 158.39 117.49
2018-03-31 319.98 161.05 115.85
2017-12-31 327.86 163.71 114.21
2017-09-30 318.44 89.32 108.27
2017-06-30 309.02 14.93 102.32
2017-03-31 299.16 11.11 101.90
2016-12-31 289.30 7.28 101.48
2016-09-30 268.17 -7.85 114.39
2016-06-30 247.05 -22.99 127.29
2016-03-31 221.48 -24.52 120.90
2015-12-31 195.90 -26.06 114.52
2015-09-30 190.95 -31.39 112.11
2015-06-30 186.00 -36.72 109.71
2015-03-31 182.26 -40.27 108.71
2014-12-31 178.52 -43.83 107.70
2014-09-30 174.79 -39.64 110.06
2014-06-30 171.06 -35.42 107.60
2014-03-31 173.50 -34.60 110.07
2013-12-31 175.93 -33.78 112.54
2013-09-30 189.80 -19.69 104.67
2013-06-30 203.67 -5.57 96.77

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if China Titans Energy Technology Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if China Titans Energy Technology Group has efficiently used its assets last year compared to the DE Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if China Titans Energy Technology Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess China Titans Energy Technology Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China Titans Energy Technology Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ITE Health

 How is China Titans Energy Technology Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China Titans Energy Technology Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Titans Energy Technology Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China Titans Energy Technology Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China Titans Energy Technology Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China Titans Energy Technology Group Company Filings, last reported 3 months ago.

DB:ITE Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 544.34 184.18 100.15
2019-09-30 544.34 184.18 100.15
2019-06-30 596.14 183.28 78.75
2019-03-31 596.14 183.28 78.75
2018-12-31 592.01 275.42 139.01
2018-09-30 592.01 275.42 139.01
2018-06-30 673.01 264.89 76.78
2018-03-31 673.01 264.89 76.78
2017-12-31 657.44 221.96 190.71
2017-09-30 657.44 221.96 190.71
2017-06-30 594.12 239.77 106.57
2017-03-31 594.12 239.77 106.57
2016-12-31 585.04 225.26 167.32
2016-09-30 585.04 225.26 167.32
2016-06-30 479.03 222.93 79.13
2016-03-31 479.03 222.93 79.13
2015-12-31 477.79 126.70 109.07
2015-09-30 477.79 126.70 109.07
2015-06-30 417.86 89.70 80.00
2015-03-31 417.86 89.70 80.00
2014-12-31 411.54 95.93 99.32
2014-09-30 411.54 95.00 99.32
2014-06-30 444.40 94.50 77.44
2014-03-31 444.40 94.50 77.44
2013-12-31 448.39 99.50 114.34
2013-09-30 448.39 99.50 114.34
2013-06-30 493.44 65.00 114.73
  • China Titans Energy Technology Group's level of debt (33.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (23.3% vs 33.8% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on China Titans Energy Technology Group's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess China Titans Energy Technology Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China Titans Energy Technology Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ITE Dividends

 What is China Titans Energy Technology Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from China Titans Energy Technology Group dividends.
If you bought €2,000 of China Titans Energy Technology Group shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate China Titans Energy Technology Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Titans Energy Technology Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:ITE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:ITE Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
DB:ITE Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2013-09-17 0.000 0.000
2013-08-28 0.000 0.000
2013-04-18 0.000 0.000
2013-03-28 0.000 0.000
2012-08-28 0.000 0.000
2012-03-28 0.032 7.570
2011-08-29 0.049 8.515

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as China Titans Energy Technology Group has not reported any payouts.
  • Unable to verify if China Titans Energy Technology Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Titans Energy Technology Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Titans Energy Technology Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess China Titans Energy Technology Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China Titans Energy Technology Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Titans Energy Technology Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ITE Management

 What is the CEO of China Titans Energy Technology Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Wei An
COMPENSATION CN¥467,000
AGE 63
TENURE AS CEO 9 years
CEO Bio

Mr. An Wei has been the Chief Executive Officer of China Titans Energy Technology Group Co., Limited since March 28, 2011 and also serves as its General Manager. Mr. Wei is responsible for the overall operation and management of China Titans Energy Technology Group. He has been the General Manager of Titans Technology since July 1998. He serves as General Manager of Titans Automatic. He serves as the Legal Representative of Beijing New Clear and Shijiazhuang Titans. He has over 10 years experience in China Titans Energy Technology Group and has acquired a variety of skills and extensive experience in management. He joined China Titans Energy Technology Group in September 1992.He serves as the Chairman of Jiangyin Titans. He serves as the Executive Director of Beijing New Clear and Shijiazhuang Titans. He has been an Executive Director at China Titans Energy Technology Group Co., Limited since November 16, 2007. He serves as a Director of Titans Technology. He serves as a Director of Titans BVI, Titans Automatic and Titans HK. He was the Vice Chairman of Private Enterprises Association of Zhuhai. He was accredited as a Senior Economist by the Title Reform Leading Group Office of Hebei Province in China in August 1997. He graduated from the post-graduate class of management engineering department in Tong Ji University in July 1986 and obtained his Doctorate degree in Science Management and Engineering from Tong Ji University in November 2005.

CEO Compensation
  • Wei's compensation has increased whilst company is loss making.
  • Wei's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the China Titans Energy Technology Group management team in years:

9
Average Tenure
55
Average Age
  • The average tenure for the China Titans Energy Technology Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Xin Qing Li

TITLE
Executive Chairman
COMPENSATION
CN¥467K
AGE
62

Wei An

TITLE
CEO & Executive Director
COMPENSATION
CN¥467K
AGE
63
TENURE
9 yrs

Yang Fen Ou

TITLE
General Manager of the Financial Centre
AGE
54

Zhen Hua Li

TITLE
Financial Controller
AGE
61
TENURE
10.4 yrs

Xiang Jun Chen

TITLE
President of Titans Power
AGE
51

Wing Yan Ho

TITLE
Company Secretary
TENURE
1.8 yrs

Yulong Fu

TITLE
Executive Director of Zhuhai Titans Chuneng Technology Co Ltd
AGE
55

Hui Wang

TITLE
GM & Director of Titans Technology
AGE
50

Liu Jun

TITLE
GM & Director of Zhuhai Yilian New Energy Motors Co Ltd
AGE
40

Xiao Bin Li

TITLE
Executive
AGE
57
Board of Directors Tenure

Average tenure and age of the China Titans Energy Technology Group board of directors in years:

9.5
Average Tenure
50.5
Average Age
  • The tenure for the China Titans Energy Technology Group board of directors is about average.
Board of Directors

Xin Qing Li

TITLE
Executive Chairman
COMPENSATION
CN¥467K
AGE
62

Wei An

TITLE
CEO & Executive Director
COMPENSATION
CN¥467K
AGE
63
TENURE
12.3 yrs

Chen Hao

TITLE
Chairman of Zhuhai Yilian New Energy Motors Co Ltd
AGE
42

Hui Wang

TITLE
GM & Director of Titans Technology
AGE
50

Liu Jun

TITLE
GM & Director of Zhuhai Yilian New Energy Motors Co Ltd
AGE
40

Wan Jun Li

TITLE
Independent Non Executive Director
COMPENSATION
CN¥103K
AGE
51
TENURE
12.3 yrs

Bo Zhang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥103K
AGE
57
TENURE
6.8 yrs

Zhan Pang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥103K
AGE
41
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess China Titans Energy Technology Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China Titans Energy Technology Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ITE News

Simply Wall St News

ITE Company Info

Description

China Titans Energy Technology Group Co., Limited, an investment holding company, engages in the research, development, manufacture, and sale of power electric products and equipment in the People’s Republic of China. The company operates through DC Power System, Charging Equipment, Charging Services and Construction, and Others segments. It offers power supply products, including GZDW high frequency switch DC power supply systems, intelligent LV AC power supply distribution systems, integration power supply systems, and test power supply systems. The company also provides EV charging products comprising AC EV charging poles, binning chargers, charging modulars, and battery maintenance and management systems; and storage power and microgrid products consisting of PV converters, energy storage chargers and dischargers, TPCS converters, controllers, and software products. In addition, it offers wind and solar power generation balancing control and other products, charging equipment for electrical vehicles, and electrical direct current products; sells and leases electric vehicles; and provides charging services for electric vehicles, as well as construction services of charging poles for electric vehicles. The company was founded in 1992 and is headquartered in Zhuhai, the People’s Republic of China.

Details
Name: China Titans Energy Technology Group Co., Limited
ITE
Exchange: DB
Founded: 1992
HK$42,354,055
925,056,000
Website: http://www.titans.com.cn
Address: China Titans Energy Technology Group Co., Limited
Titans Science and Technology Park,
No. 60 Shihua Road West,
Zhuhai,
Guangdong Province, 519015,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2188 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 28. May 2010
DB ITE Ordinary Shares Deutsche Boerse AG DE EUR 28. May 2010
Number of employees
Current staff
Staff numbers
452
China Titans Energy Technology Group employees.
Industry
Heavy Electrical Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 22:06
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2018/03/27
Last earnings filing: 2020/03/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.