Yuneng Technology Co., Ltd. (SHA:688348)

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Microinverter and Energy Communication Products	983.96M	1.05B	-	-	-
Microinverter and Energy Communication Products Growth	-6.18%	-	-	-	-
Industrial and Commercial Energy Storage System	542.40M	164.65M	-	-	-
Industrial and Commercial Energy Storage System Growth	229.42%	-	-	-	-
Intelligent Control Switch	185.30M	160.67M	142.04M	87.48M	29.48M
Intelligent Control Switch Growth	15.33%	13.12%	62.36%	196.80%	25236.39%
Household Energy Storage Products	32.60M	7.01M	-	-	-
Household Energy Storage Products Growth	364.88%	-	-	-	-
Other	26.70M	39.03M	26.99M	8.53M	2.47M
Other Growth	-31.61%	44.60%	216.45%	245.59%	35.28%
Micro Inverter	-	-	1.06B	511.91M	411.84M
Micro Inverter Growth	-	-	107.89%	24.30%	19.38%
Energy Communicator	-	-	105.16M	53.28M	40.17M
Energy Communicator Growth	-	-	97.36%	32.64%	29.26%
Photovoltaic	-	-	-	3.76M	3.79M
Photovoltaic Growth	-	-	-	-0.97%	6.07%
Total	1.77B	1.42B	1.34B	664.96M	487.75M
Total Growth	24.70%	6.11%	101.27%	36.33%	27.82%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
China	592.43M	228.76M	27.85M	16.61M	6.54M
China Growth	158.97%	721.36%	67.63%	153.86%	-22.82%
Overseas	1.18B	1.19B	1.31B	648.35M	481.20M
Overseas Growth	-1.08%	-9.09%	102.14%	34.73%	28.97%
Total	1.77B	1.42B	1.34B	664.96M	487.75M
Total Growth	24.70%	6.11%	101.27%	36.33%	27.82%

Source: S&P Global Market Intelligence.