Sungrow Power Supply Co., Ltd. (SHE:300274)
China flag China · Delayed Price · Currency is CNY
81.17
+5.45 (7.20%)
Nov 4, 2026, 3:04 PM CST

Sungrow Power Supply Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Revenue
71,64589,18477,85772,25140,25724,137
Revenue Growth
-24.04%14.55%7.76%79.47%66.79%25.15%
Gross Profit
20,40227,17122,61818,4189,4545,087
Operating Income
9,27315,78013,53611,4903,5561,658
Net Income
8,17913,46111,0369,4403,5931,583
Earnings Per Share
3.996.535.324.551.730.77
EPS Growth
-45.86%22.74%16.92%163.22%124.09%-19.40%

Revenue by Segment

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Jan '23 Jan '22
Photovoltaic Industry
44,55047,90450,55627,24618,931
Energy Storage Industry
37,28724,95917,80210,1263,138
Other
7,3484,9943,8932,8852,068
Total
89,18477,85772,25140,25724,137

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Cash & Investments
31,86633,84029,96420,10313,15711,603
Total Debt
6,6077,19114,1708,8307,4214,035
Net Cash (Debt)
25,25926,64915,79511,2725,7367,568
Net Cash Growth
22.82%68.72%40.12%96.51%-24.20%29.28%
Net Cash Per Share
12.3312.937.615.432.763.69

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Operating Cash Flow
10,65216,91812,0686,9821,210-1,639
Capital Expenditures
-2,986-3,008-2,786-2,743-1,527-1,666
Free Cash Flow
7,66513,9109,2824,239-316.27-3,304
Free Cash Flow Growth
-58.27%49.85%118.97%---

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Gross Margin
28.48%30.47%29.05%25.49%23.48%21.07%
Operating Margin
12.94%17.69%17.39%15.90%8.83%6.87%
Pretax Margin
13.29%18.23%17.40%15.86%10.27%7.84%
Profit Margin
11.42%15.09%14.17%13.06%8.93%6.56%
FCF Margin
10.70%15.60%11.92%5.87%-0.79%-13.69%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Dividend Per Share
1.2801.6401.0800.6890.1570.079
Dividend Per Share Growth
-34.48%51.85%56.68%338.76%99.87%-21.40%
Dividend Yield
1.58%0.96%1.46%1.09%0.20%0.07%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
PE Ratio
20.3326.0813.7613.7246.01136.82
Forward PE
12.9020.8812.4212.3735.6257.24
P/FCF Ratio
21.7925.2416.3630.55--
PS Ratio
2.333.941.951.794.118.97