Company Profile · Industrials

Sungrow Power Supply Co Ltd

300274 · Shenzhen
Industry
Power Equipment
Exchange
Shenzhen
Country
China
IPO date
Nov 2, 2011
Employees
19,006
Website
www.sungrowpower.com
Current Price
¥116.21
Live · Jul 27, 2026
Fair Buy
≤ ¥116
Margin-of-safety entry
Baillie Growth Score
60/100
Medium
Intrinsic Value · Three-Tier Range Current price ¥116.21 Live · Between the conservative and fair ranges

Composite valuation range · conservative ¥105–¥116 / fair ¥145–¥196 / optimistic ¥220–¥240. At ¥116.21, Between the conservative and fair ranges.

At publication ¥152.66 (Jun 27, 2026)

Recent developments
Jun 18, 2026 Contract Needs review

Sungrow-supplied 600MWh Bulgaria BESS commissioned

Sunotec and Sungrow deployed a 150MW/600MWh BESS project in Bulgaria for Enery.

Possible impact:May affect expectations for Sungrow's European BESS delivery capability and order conversion.

Energy-Storage.NewsView source
Jun 5, 2026 Product Confirmed

Sungrow expands residential ESS portfolio with next-generation backup solution

Sungrow unveiled a next-generation residential ESS solution, expanding the range to 5kW-12kW with the MG12RL hybrid inverter.

Possible impact:May affect expectations for residential storage competitiveness and distributed ESS demand.

SungrowView source
Jun 1, 2026 Contract Confirmed

Sungrow supports commercial operation of Myanmar's largest PV+BESS power base

Sungrow announced commercial operation of Myanmar's 110MW PV plus 20MW/40MWh BESS project using its integrated solutions.

Possible impact:May affect expectations for Southeast Asia delivery capability and integrated PV-plus-storage demand.

SungrowView source
Jun 1, 2026 Contract Needs review

Sungrow signs 643.8MWh Chile BESS supply deal with Sonnedix

Sungrow signed a 643.8MWh PowerTitan 2.0 supply agreement with Sonnedix for a Chile BESS project.

Possible impact:May affect views on Latin American storage demand and overseas revenue growth.

Energy-Storage.NewsView source
May 29, 2026 Contract Confirmed

Sungrow powers Zambia's largest single solar PV project

Sungrow supplied inverter and energy management equipment for Zambia's 136MW Itimpi Phase II solar project.

Possible impact:May affect expectations for African utility PV expansion and overseas revenue contribution.

SungrowView source

Automatically summarized from public sources; for context only, not investment advice.

Financial snapshot
Market capCN¥235.14B
Revenue (TTM)CN¥85.71B
EBITDACN¥15.3B
Profit margin13.92%
ROE25.03%
P/E (TTM)19.62
Forward P/E17.61
PEG4.89
EPSCN¥5.78
Dividend yield1.39%
52-week rangeCN¥70.74 – CN¥208.87

Data from EODHD, shown in the reporting currency; for reference only, not investment advice.

About the company

Sungrow Power Supply Co., Ltd. engages in the research and development, manufacture, sale, and service of new energy power supply equipment. The company offers photovoltaic inverters, energy storage systems, wind power converters and transmission products, electric control and power supply systems for new energy vehicles, charging equipment, smart energy operation service, floating PV systems, and hydrogen energy equipment, as well as new energy investment and development. It operates in Mainland China, Hong Kong, Macao, Taiwan, Europe, the Americas, the Middle East, Africa, the Asia-Pacific, and China. Sungrow Power Supply Co., Ltd. was founded in 1997 and is headquartered in Hefei, China.

Background

History

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Industry position

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Research on this stock
60/100 Hold Sungrow Power Supply: High-Quality Growth in a Cyclical Shell Sungrow Power Supply is a founder-led global leader in solar inverters and energy-storage systems, with overseas sales at 60.7% of 2025 revenue and storage now its largest segment at 41.9% of sales. Operating cash flow climbed to CN¥16.9 billion and receivables improved, yet Q1 2026 revenue fell 18.3% and profit 40.1%, exposing sharp margin-mix cyclicality beneath the quality story. Rating Hold: a genuine quality-growth franchise trading at a premium that leaves little margin of safety for execution misses. Sungrow Power Supply Co., Ltd.300274 · ShenzhenPower EquipmentJun 27, 2026