Hoymiles Power Electronics Inc. (SHA:688032)

SHA:688032 Revenue

Hoymiles Power Electronics had revenue of 791.31M CNY in the quarter ending June 30, 2026, with 18.25% growth. This brings the company's total for the last twelve months to 2.71B, up 29.47% year-over-year. In the year 2025, Hoymiles Power Electronics had annual revenue of 1.93B, down -3.06%. That makes Hoymiles Power Electronics the 12,474th largest company in the world by revenue and 2,153rd in China.

• Revenue (ttm): 2.71B
• Revenue Growth: +29.47%
• P/S Ratio: 2.98
• Revenue / Employee: 1.19M
• Employees: 2,275
• Market Cap: 7.82B

Revenue Chart

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Revenue by Segment

By Segment

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• Miniature Inverters and Monitoring Equipment 757.13M 39.3%
• Photovoltaic Power Generation System 618.44M 32.1%
• Energy Storage System 503.31M 26.1%
• Others 45.90M 2.4%

By Geography

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• Overseas 1.00B 52.2%
• China 920.75M 47.8%

Fiscal year ended Dec 31, 2025 See the full SHA:688032 breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	1.93B	-60.90M	-3.06%
Dec 31, 2024	1.99B	-33.05M	-1.63%
Dec 31, 2023	2.03B	489.49M	31.86%
Dec 31, 2022	1.54B	741.33M	93.23%
Dec 31, 2021	795.19M	300.17M	60.64%

Data Source: S&P Global Market Intelligence Last updated: Aug 28, 2026

Revenue data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 25, 2026

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