---
title: "Triumph New Energy Books RMB159.6 Million Credit Impairment for 2025"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281117356.md"
description: "Triumph New Energy Company (HK:1108) has announced a credit impairment of RMB159.6 million for the financial year ending December 31, 2025. This decision follows a thorough review of receivables, inventories, and fixed assets, reflecting a cautious approach to its financial position. The impairment will impact 2025 earnings and indicates a reassessment of asset quality and credit risk management. The current analyst rating for the stock is a Hold with a price target of HK$4.00, and the company has a market cap of HK$5.75 billion."
datetime: "2026-03-31T01:34:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281117356.md)
  - [en](https://longbridge.com/en/news/281117356.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281117356.md)
---

# Triumph New Energy Books RMB159.6 Million Credit Impairment for 2025

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An announcement from Triumph New Energy Company ( (HK:1108) ) is now available.

Triumph New Energy Company Limited has announced that its board approved provisions and write-offs for asset impairments for the financial year ended 31 December 2025, following a comprehensive review of receivables, inventories and fixed assets under PRC accounting and stock exchange rules. In line with a prudent approach to reflect its true financial position, the company recorded total credit impairment losses of RMB159.6 million on receivables, including substantial provisions against accounts receivable and other receivables, which will directly affect 2025 earnings and may signal tighter credit risk management and a reassessment of asset quality for investors and other stakeholders.

The most recent analyst rating on (HK:1108) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Triumph New Energy Company stock, see the HK:1108 Stock Forecast page.

**More about Triumph New Energy Company**

Triumph New Energy Company Limited, formerly known as Luoyang Glass Company Limited, is a PRC-incorporated joint stock company listed in Hong Kong and Shanghai. The company operates in the glass and new energy materials sector, reporting under PRC Accounting Standards and subject to both Hong Kong and Shanghai stock exchange regulatory frameworks.

**Average Trading Volume:** 5,106,580

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$5.75B

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