Suzhou Veichi Electric Co., Ltd. (SHA:688698)

Suzhou Veichi Electric Revenue

Suzhou Veichi Electric had revenue of 598.08M CNY in the quarter ending June 30, 2026, with 17.21% growth. This brings the company's total for the last twelve months to 2.12B, up 19.74% year-over-year. In the year 2025, Suzhou Veichi Electric had annual revenue of 1.95B with 18.66% growth. That makes Suzhou Veichi Electric the 14,145th largest company in the world by revenue and 2,514th in China.

• Revenue (ttm): 2.12B
• Revenue Growth: +19.74%
• P/S Ratio: 4.25
• Revenue / Employee: 1.10M
• Employees: 2,018
• Market Cap: 9.00B

Revenue Chart

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Revenue by Segment

By Segment

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• Inverter 1.25B 65.4%
• Servo System and Control System 576.54M 30.2%
• Digital Energy 74.07M 3.9%
• Others 9.40M 0.5%

By Geography

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• Export 1.36B 71.5%
• China 543.83M 28.5%

Fiscal year ended Dec 31, 2025 See the full Suzhou Veichi Electric breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	1.95B	306.03M	18.66%
Dec 31, 2024	1.64B	335.29M	25.70%
Dec 31, 2023	1.30B	398.89M	44.03%
Dec 31, 2022	905.99M	87.12M	10.64%
Dec 31, 2021	818.87M	246.64M	43.10%

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 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 21, 2026

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