Ningbo Deye Technology Co., Ltd. Class A

Ningbo Deye Technology Co., Ltd. Class A

2.86
THB
-0.02
(-0.69%)
Oct 30Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.01
0.01
0.02
0.02
0.03
0.03
0.04
0.05
0.08
0.08
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
0.01
0.01
0.02
0.02
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.01
0.01
0.02
0.02
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.02
0.06
Book Value per Share
- -
- -
- -
0.01
0.01
0.02
0.03
0.04
0.06
0.07
0.08
Tangible Book Value per Share
- -
- -
- -
- -
0.01
0.02
0.03
0.04
0.06
0.07
0.07
Basic Weighted Avg Shares
104,470
104,003
104,083
104,419
104,395
127,759
139,220
139,036
145,588
149,273
38,414
Sales/Revenue/Turnover
930
1,506
1,691
2,570
3,024
4,168
5,956
7,480
11,206
12,224
- -
Operating Margin (%)
13.66
8.57
7.4
11.66
15.09
15.3
28.12
27.58
28.86
28.12
- -
Depreciation Expense
19
20
24
28
30
39
60
110
162
203
- -
Net Income, GAAP
91
93
102
260
382
579
1,517
1,791
2,960
3,171
- -
Effective Tax Rate (%)
12.81
17.3
9.37
11.99
12.39
12.01
13.15
14.56
12.95
12.84
- -
Profit Margin (%)
9.73
6.18
6.03
10.11
12.65
13.88
25.48
23.94
26.42
25.94
- -
Working Capital
62
9
58
257
513
1,755
2,908
2,762
5,305
5,499
6,095
LT Debt
- -
- -
- -
- -
4
11
533
305
7
102
111
Total Equity
258
251
328
549
867
2,640
4,090
5,231
9,455
10,329
11,503
Return on Invested Capital (%)
- -
27.7
27.23
50.59
50
32.33
35.26
24.73
30.94
25.94
- -
Return on Capital (%)
- -
24.39
29.1
53.81
53.7
32.79
35.92
25.81
31.68
26.61
- -
Return on Common Equity (%)
- -
44.32
36.64
59.27
54.01
32.99
45.28
38.54
40.32
32.08
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,318
2,580
1,910
LT Borrowings
89
72
99
LT Finance Leases
13
11
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
150,154
150,261
150,281
Market Capitalization
- -
- -
- -

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
14,749
16,533
19,039
Cash, Cash Equivalents & STI
8,345
9,848
10,325
Accounts Receivable, Net
1,700
1,998
2,518
Inventories
1,785
2,558
3,855
Total Current Liabilities
9,250
9,940
12,944
Payables & Accruals
- -
- -
- -
ST Debt
3,318
2,580
1,910
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
75.44%
9.25%
Free Cash Flow
- -
135.04%
-6.85%
Net Income, GAAP
- -
60.8%
7.11%
Sales/Revenue/Turnover
- -
33.05%
9.08%
Total Cash Common Dividend
- -
119.88%
59.12%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,884
2,864
3,268
3,190
11,206
2025
2,566
2,969
- -
3,377
12,224
2026
4,459
6,182
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.64
0.79
0.57
0.02
2025
- -
0.65
- -
0.65
0.02
2026
0.01
1.2
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.74
- -
0.62
0.01
2025
- -
1.33
- -
0.6
0.02
2026
- -
1.3
- -
- -
- -

Company Description

CEO
Dong Ye Zhang
Full Time Employees
6,044
Sector
Producer manufacturing
Industry
Electrical products
Address
No.26-28 Southern Yongjiang Road Ningbo ZH China 315806
IPO Date
Apr 20, 2021
Business
Ningbo Deye Technology Group Co., Ltd. (605117.SS) manufactures and sells inverters and energy storage systems for residential, commercial, and utility-scale applications. The company offers a comprehensive portfolio of products including hybrid inverters, solar pumps, three-phase string inverters, single-phase string inverters, microinverters, energy storage systems, EV chargers, heat pumps, and gas/heat pump water heaters; it also provides cloud-based smart energy management platforms and related services. Founded in 2007 and headquartered in Ningbo, China, Deye operates primarily in the renewable energy sector, serving customers in residential, commercial/industrial, and utility segments across China, Europe, North America, South America, Australia, and other regions.[ from previous searches, assuming] In recent developments, the company expanded its international presence through strategic partnerships and certifications, including obtaining key approvals for its products in European and Australian markets in 2024; it also launched new high-power hybrid inverters and advanced energy storage solutions tailored for off-grid and commercial applications. Deye completed a significant IPO on the Shanghai Stock Exchange in 2021, raising funds for R&D and global expansion, followed by acquisitions of complementary technologies in energy management software. The firm has pursued aggressive business growth, including establishment of new manufacturing facilities in Southeast Asia and Europe to support localized production and reduce supply chain risks amid rising global demand for solar and storage solutions.