Sungrow Power Supply revenue and financials

300274 · SZSE · CNY

¥82.49Change from previous close: −0.39%Absolute change: −¥0.32

Close · September 30, 2026

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%.

Annual revenue · 2025: ¥89.18B
  1. ¥40.26B2022
  2. ¥72.25B2023
  3. ¥77.86B2024
  4. ¥89.18B2025

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.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q2 2025Q1 2025
Total assets127,091121,864118,679118,394122,773
Current assets102,61697,85395,42897,031102,218
Cash and equivalents31,52330,04322,83119,87025,356
Short-term investments4,0453,86910,9987,8865,662
Inventory32,15327,75827,25529,70631,162
Net property, plant and equipment14,89614,43614,09912,39211,676
Goodwill297297297297297
Other intangible assets1,5241,2761,2311,1611,126
Long-term investments769732637562479
Current liabilities62,43759,08157,22858,51762,265
Accounts payable40,47436,01836,63635,86237,715
Long-term debt3,5193,0833,0654,3455,841
Total debt7,8497,1246,36610,47812,681
Total liabilities73,91070,09068,90872,61278,766
Total equity (incl. minority)53,18251,77449,77245,78244,006
Retained earnings41,47939,93237,64033,86432,172
Minority interest3,0423,1133,1613,2463,225