Sungrow Power Supply Co Ltd Class A
300274: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| y$ | LOCK|wY | LOCK|XFHwh<rr |
Sungrow Power Supply Hit by Intensifying Competition
Business Strategy and Outlook
Sungrow Power Supply is one of the largest solar inverter suppliers. The firm has established a stronghold in supplying inverters for utility-scale solar, and is trying to expand its presence in distributed solar. Following years of exponential growth, solar installation has slowed. As a result, we project only a 5% compound annual growth rate in inverter revenue over the next five years.
