Sungrow Power Supply Co., Ltd. (SHE:300274)
China flag China · Delayed Price · Currency is CNY
88.47
+1.39 (1.60%)
Sep 4, 2026, 12:04 PM CST

Sungrow Power Supply Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Revenue
76,56389,18477,85772,25140,25724,137
Revenue Growth
-15.28%14.55%7.76%79.47%66.79%25.15%
Gross Profit
23,65227,17122,61818,4189,4545,087
Operating Income
12,79215,78013,53611,4903,5561,658
Net Income
10,98513,46111,0369,4403,5931,583
Earnings Per Share
5.356.535.324.551.730.77
EPS Growth
-19.61%22.74%16.92%163.22%124.09%-19.40%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Photovoltaic Industry
34,45544,55047,90450,55627,24618,931
Energy Storage Industry
34,94037,28724,95917,80210,1263,138
Other
7,1687,3484,9943,8932,8852,068
Total
76,56389,18477,85772,25140,25724,137

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Cash & Investments
35,77033,84029,96420,10313,15711,603
Total Debt
7,7227,19114,1708,8307,4214,035
Net Cash (Debt)
28,04726,64915,79511,2725,7367,568
Net Cash Growth
83.89%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 EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Operating Cash Flow
17,21816,91812,0686,9821,210-1,639
Capital Expenditures
-2,721-3,008-2,786-2,743-1,527-1,666
Free Cash Flow
14,49713,9109,2824,239-316.27-3,304
Free Cash Flow Growth
-3.53%49.85%118.97%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Gross Margin
30.89%30.47%29.05%25.49%23.48%21.07%
Operating Margin
16.71%17.69%17.39%15.90%8.83%6.87%
Pretax Margin
17.28%18.23%17.40%15.86%10.27%7.84%
Profit Margin
14.35%15.09%14.17%13.06%8.93%6.56%
FCF Margin
18.93%15.60%11.92%5.87%-0.79%-13.69%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '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
51.85%51.85%56.68%338.76%99.87%-21.40%
Dividend Yield
1.47%0.96%1.50%1.15%0.21%0.08%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
PE Ratio
16.2626.0813.7613.7246.01136.82
Forward PE
12.1020.8812.4212.3735.6257.24
P/FCF Ratio
12.3825.2416.3630.55--
PS Ratio
2.343.941.951.794.118.97