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    Producer manufacturing

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    Electrical products
Sungrow Power Supply Co., Ltd. Class A

Sungrow Power Supply Co., Ltd. Class A

2.26
THB
-0.06
(-2.59%)
0.64EPS
Oct 31Next Earn
2013 Y
2014 Y
2015 Y
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
0.06
0.07
0.12
0.22
0.24
0.28
0.96
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
0.01
- -
0.01
0.03
0.03
0.04
0.13
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.01
0.01
-0.01
- -
0.01
0.03
0.04
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.01
0.07
Book Value per Share
0.01
0.01
0.01
0.02
0.02
0.02
0.03
0.03
0.05
0.06
0.08
0.11
0.14
0.15
Tangible Book Value per Share
0.01
0.01
0.01
0.02
0.02
0.02
0.03
0.03
0.05
0.06
0.08
0.11
0.14
0.15
Basic Weighted Avg Shares
255,891
260,744
283,446
296,898
317,183
317,894
321,728
320,681
322,227
326,498
325,834
325,812
322,776
81,871
Sales/Revenue/Turnover
2,120
3,062
4,569
6,004
8,886
10,369
13,003
19,286
24,137
40,257
72,251
77,857
89,184
78,191
Operating Margin (%)
9.87
13.01
12.43
12.14
15.43
11.21
9.93
12.28
9.28
11.14
18.53
19.46
19.94
17.93
Depreciation Expense
25
35
39
55
126
144
220
233
342
454
611
820
1,164
- -
Net Income, GAAP
181
283
425
554
1,024
810
893
1,954
1,583
3,593
9,440
11,036
13,461
10,747
Effective Tax Rate (%)
13.33
13.01
13.48
18.26
12.69
11.42
11.65
9.44
9.97
10.6
16.15
16.83
16.77
16
Profit Margin (%)
8.54
9.25
9.31
9.22
11.53
7.81
6.86
10.13
6.56
8.93
13.07
14.18
15.09
13.74
Working Capital
1,731
1,982
1,741
4,065
5,293
5,217
6,219
8,198
12,800
16,525
23,347
34,851
38,201
40,178
LT Debt
- -
2
2
321
1,223
1,255
1,596
1,980
2,175
4,593
4,504
5,178
3,438
3,846
Total Equity
2,048
2,367
2,836
5,964
7,023
7,795
8,740
10,865
16,704
19,738
29,454
40,199
49,772
53,182
Return on Invested Capital (%)
7.71
10.93
14.85
10.98
13.98
9.33
9.49
17.13
10.37
16.02
29.57
25.03
25.79
17.78
Return on Capital (%)
9.24
12.71
15.87
12.33
14.56
9.71
9.41
16.76
9.29
15.6
29.5
24.85
25.41
18.63
Return on Common Equity (%)
9.3
12.83
16.42
12.63
15.89
11.05
10.96
20.53
12.12
20.94
40.71
34.16
32.24
23.64

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,928
3,658
4,003
LT Borrowings
3,065
3,083
3,519
LT Finance Leases
373
383
327
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
325,612
325,612
325,612
Market Capitalization
- -
- -
- -

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
95,428
97,853
102,616
Cash, Cash Equivalents & STI
33,829
33,911
35,569
Accounts Receivable, Net
23,500
22,426
20,899
Inventories
27,255
27,758
32,153
Total Current Liabilities
57,228
59,081
62,437
Payables & Accruals
- -
- -
- -
ST Debt
2,928
3,658
4,003
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.69%
36.29%
23.81%
Free Cash Flow
-242.09%
-323.56%
49.85%
Net Income, GAAP
53.3%
61.92%
21.97%
Sales/Revenue/Turnover
36.35%
38.74%
14.55%
Total Cash Common Dividend
75.08%
96.6%
152.44%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,614
18,406
18,926
27,911
77,857
2025
19,036
24,497
- -
22,782
89,184
2026
15,561
15,352
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
1.38
1.28
1.66
0.03
2025
0.01
1.89
- -
0.77
0.04
2026
0.01
1.44
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.73
0.04
0.04
0.01
2025
- -
1.1
- -
0.98
0.01
2026
- -
0.71
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ren Xian Cao
Full Time Employees
19,006
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 1699 Xiyou Road Hefei AH China 230088
IPO Date
Oct 21, 2011
Website
sungrowpower.com
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Business
Sungrow Power Supply Co., Ltd. (300274.SZ) manufactures and sells power conversion and energy storage equipment for the renewable energy sector. The company offers photovoltaic inverters including central, string, and residential models; energy storage systems for utility-scale, commercial & industrial, and residential applications; wind power converters and transmission products; new energy vehicle drive systems and charging equipment; water surface photovoltaic systems; renewable energy hydrogen production systems; and smart energy operation and maintenance services. Sungrow provides comprehensive clean energy solutions across photovoltaics, wind power, energy storage, electric vehicles, hydrogen energy, and related segments to utility, commercial, industrial, and residential customers worldwide. Founded in 1997 and headquartered in Hefei, Anhui province, China, Sungrow operates globally with manufacturing facilities and offices in more than 150 countries, including major presence in the US, India, Europe, Australia, Latin America, and Southeast Asia. The company has installed over 740 GW of power electronic converters as of December 2024, positioning it as one of the world's largest suppliers of solar inverters and energy storage systems. In recent developments, Sungrow signed a strategic 4.4 GWh energy storage partnership with Fidra Energy in November 2024 to support a 10 GW battery platform across the UK and Europe by 2030; entered a 2.4 GWh battery storage agreement with SUNOTEC in July 2025 for Southeast Europe projects; secured an 835 MW inverter supply deal with Juniper Green Energy in May 2025 for solar projects in India; and partnered with Zelestra in 2025 to supply inverters for Peru's largest 273 MWac San Martín PV plant, alongside a 1 GWh storage agreement for Chile's Aurora hybrid project. Sungrow also provides equipment for Chile's 509 MW/2 GWh Dune Plus solar-plus-storage plant, reflecting accelerated expansion in battery energy storage amid global clean energy demand. In March 2024, the company surpassed LONGi Green Energy Technology to become the world's most valuable solar sector firm, driven by a boom in battery storage capacity.