Sungrow Power Supply Co., Ltd. (SHE:300274)
China flag China · Delayed Price · Currency is CNY
120.07
+6.36 (5.59%)
Aug 11, 2026, 3:05 PM CST

Sungrow Power Supply Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Revenue
85,70989,18477,85772,25140,25724,137
Revenue Growth
1.70%14.55%7.76%79.47%66.79%25.15%
Gross Profit
25,65927,17122,61818,4189,4545,087
Operating Income
14,16015,78013,53611,4903,5561,658
Net Income
11,92613,46111,0369,4403,5931,583
Earnings Per Share
5.796.535.324.551.730.77
EPS Growth
-6.02%22.74%16.92%163.22%124.09%-19.40%

Revenue by Segment

Fiscal YearFY 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 YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Cash & Investments
33,91133,84029,96420,10313,15711,603
Total Debt
5,7457,19114,1708,8307,4214,035
Net Cash (Debt)
28,16626,64915,79511,2725,7367,568
Net Cash Growth
82.48%68.72%40.12%96.51%-24.20%29.28%
Net Cash Per Share
13.6712.937.615.432.763.69

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Operating Cash Flow
16,33616,91812,0686,9821,210-1,639
Capital Expenditures
-2,808-3,008-2,786-2,743-1,527-1,666
Free Cash Flow
13,52813,9109,2824,239-316.27-3,304
Free Cash Flow Growth
20.96%49.85%118.97%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Gross Margin
29.94%30.47%29.05%25.49%23.48%21.07%
Operating Margin
16.52%17.69%17.39%15.90%8.83%6.87%
Pretax Margin
16.75%18.23%17.40%15.86%10.27%7.84%
Profit Margin
13.91%15.09%14.17%13.06%8.93%6.56%
FCF Margin
15.78%15.60%11.92%5.87%-0.79%-13.69%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Dividend Per Share
1.6401.6401.0800.6890.1570.079
Dividend Per Share Growth
51.85%51.85%56.68%338.76%99.87%-21.40%
Dividend Yield
1.44%0.96%1.50%1.15%0.21%0.08%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
PE Ratio
19.6526.0813.7613.7246.01136.82
Forward PE
15.0620.8812.4212.3735.6257.24
P/FCF Ratio
17.2525.2416.3630.55--
PS Ratio
2.723.941.951.794.118.97