Sungrow Power Supply revenue and financials
¥82.49Change from previous close: −0.39%Absolute change: −¥0.32
In the fiscal year ended December 2025, Sungrow Power Supply reported revenue of ¥89.18B (+14.55% year over year). Net income was ¥13.46B, a net margin of 15.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +14.55%
- 2025 vs 2024
- Net income growth
- +21.97%
- 2025 vs 2024
- Net margin
- 15.1%
- 2024: 14.2%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total assets | 118,679 | 115,074 | 82,877 | 61,627 |
| Current assets | 95,428 | 95,149 | 69,284 | 51,994 |
| Cash and equivalents | 22,831 | 19,799 | 18,031 | 11,667 |
| Short-term investments | 10,998 | 10,165 | 2,072 | 1,490 |
| Inventory | 27,255 | 29,028 | 21,442 | 19,060 |
| Net property, plant and equipment | 14,099 | 11,614 | 8,521 | 6,292 |
| Goodwill | 297 | 297 | — | — |
| Other intangible assets | 1,231 | 1,122 | 732 | 340 |
| Long-term investments | 637 | 484 | 440 | 228 |
| Current liabilities | 57,228 | 60,298 | 45,937 | 35,469 |
| Accounts payable | 36,636 | 36,757 | 28,486 | 25,926 |
| Long-term debt | 3,065 | 4,863 | 4,180 | 4,162 |
| Total debt | 6,366 | 11,317 | 8,639 | 6,825 |
| Total liabilities | 68,908 | 74,875 | 53,422 | 41,889 |
| Total equity (incl. minority) | 49,772 | 40,199 | 29,454 | 19,738 |
| Retained earnings | 37,640 | 28,346 | 18,729 | 9,614 |
| Minority interest | 3,161 | 3,294 | 1,749 | 1,071 |