Sungrow Power Supply Earnings: ESS Volatility Drives Sharp Profit Decline; Shares Fairly Valued
Sungrow Power Supply's third-quarter revenue fell 22% year on year, while net profit plummeted 68%.
Sungrow Power Supply Co Ltd Class A 300274
Bulls Say, Bears Say
Bulls
Sungrow achieves strong inverter shipments in emerging markets, offsetting the slowdown in China and the US.
Bears
Energy storage system shipments to the US decline more than expected due to trade barriers.
Trading Information
- Previous Close Price
- CN¥78.26
- Day Range
- CN¥76.85–78.88
- 52-Week Range
- CN¥62.00–194.10
- Bid/Ask
- CN¥77.48 / CN¥77.49
- Shares Outstanding
- 2.07B
- Market Cap
- CN¥160.65B
- Volume/Avg
- 43M / 50M
Key Statistics
- Price/Earnings (Normalized)
- 19.91
- Price/Sales
- 2.22
- Dividend Yield (Trailing)
- 1.72%
- Dividend Yield (Forward)
- 1.72%
- Dividend Payment Schedule
- May, Sep
- Total Yield
- 1.72%
Company Profile
Sungrow manufactures and sells power supply equipment for the new energy industry. It offers a wide range of products, including solar inverters, energy storage systems, wind power converters, electric vehicle drives, among others. It is one of the largest suppliers of solar inverters and energy storage systems globally. It is also one of the largest new energy project developers in the world. Solar inverters, energy storage systems, and new energy investment and development segment each accounted for 35%, 42%, and 19% of revenue in 2025, respectively.
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Stock Style Box
- Large Value
- Total Number of Employees
- 19,006
- Website
- https://www.sungrowpower.com
Competitors
Valuation
Metric | 300274 | 601012 | 002129 |
|---|---|---|---|
Price/Earnings (Normalized) | 19.91 | — | — |
Price/Book Value | 3.25 | 1.90 | 2.23 |
Price/Sales | 2.22 | 1.40 | 1.22 |
Price/Cash Flow | 14.90 | — | 40.14 |
Price/Earnings
300274
601012
002129
Financial Strength
Metric | 300274 | 601012 | 002129 |
|---|---|---|---|
Quick Ratio | 0.82 | 0.97 | 0.54 |
Current Ratio | 1.51 | 1.34 | 0.85 |
Interest Coverage | 35.72 | −7.92 | −5.02 |
Quick Ratio
300274
601012
002129
Profitability
Metric | 300274 | 601012 | 002129 |
|---|---|---|---|
Return on Assets (Normalized) | 5.85% | −5.57% | −7.52% |
Return on Equity (Normalized) | 15.24% | −16.36% | −43.33% |
Return on Invested Capital (Normalized) | 11.80% | −8.99% | −8.02% |
Return on Assets
300274
601012
002129
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United States