Sungrow Power Supply Co Ltd
SZSE:300274

Watchlist Manager
Sungrow Power Supply Co Ltd Logo
Sungrow Power Supply Co Ltd
SZSE:300274
Watchlist
Price: 182.13 CNY 2.58% Market Closed
Market Cap: 377.6B CNY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+204%
5Y
+432%
10Y
+2 153%
Operating Income
+
3Y
+871%
5Y
+920%
10Y
+3 950%
Net Income
+
3Y
+616%
5Y
+899%
10Y
+3 543%

Earnings Waterfall
Sungrow Power Supply Co Ltd

Revenue
94.3B CNY
Cost of Revenue
-64B CNY
Gross Profit
30.3B CNY
Operating Expenses
-11.9B CNY
Operating Income
18.4B CNY
Other Expenses
-3.1B CNY
Net Income
15.3B CNY

Income Statement
Sungrow Power Supply Co Ltd

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Income Statement
Currency: CNY
Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
2
0
0
0
7
0
0
0
6
0
0
0
8
0
0
0
5
0
0
0
25
0
0
10
45
41
60
70
83
92
98
109
110
109
0
141
98
139
166
108
124
135
156
181
209
236
252
297
319
340
384
405
392
385
0
0
Revenue
715
N/A
809
+13%
874
+8%
905
+3%
944
+4%
905
-4%
1 083
+20%
1 081
0%
1 444
+34%
1 749
+21%
2 120
+21%
2 409
+14%
2 329
-3%
2 264
-3%
3 062
+35%
3 350
+9%
3 915
+17%
4 187
+7%
4 569
+9%
5 204
+14%
5 167
-1%
5 275
+2%
6 004
+14%
5 885
-2%
7 163
+22%
9 415
+31%
8 886
-6%
9 344
+5%
9 240
-1%
7 889
-15%
10 369
+31%
10 883
+5%
10 936
+0%
11 908
+9%
13 003
+9%
12 631
-3%
15 483
+23%
17 728
+15%
19 286
+9%
20 786
+8%
20 554
-1%
22 750
+11%
24 137
+6%
25 358
+5%
28 208
+11%
30 987
+10%
40 257
+30%
48 270
+20%
56 598
+17%
64 448
+14%
72 251
+12%
72 284
+0%
74 648
+3%
75 782
+2%
77 857
+3%
84 280
+8%
90 370
+7%
94 313
+4%
Gross Profit
Cost of Revenue
(367)
(436)
(491)
(520)
(555)
(558)
(770)
(744)
(1 071)
(1 290)
(1 650)
(1 834)
(1 725)
(1 696)
(2 324)
(2 532)
(3 006)
(3 196)
(3 507)
(4 030)
(3 942)
(4 005)
(4 543)
(4 372)
(5 333)
(7 000)
(6 470)
(6 789)
(6 673)
(5 606)
(7 817)
(8 276)
(8 292)
(9 212)
(9 936)
(9 648)
(12 273)
(13 600)
(14 866)
(15 953)
(15 298)
(17 113)
(19 002)
(19 701)
(22 075)
(24 292)
(30 740)
(36 382)
(41 653)
(45 929)
(51 516)
(49 613)
(51 473)
(53 168)
(55 238)
(59 341)
(62 650)
(63 997)
Gross Profit
348
N/A
373
+7%
382
+3%
385
+1%
389
+1%
346
-11%
314
-9%
338
+8%
373
+10%
460
+23%
470
+2%
575
+22%
604
+5%
568
-6%
738
+30%
818
+11%
909
+11%
991
+9%
1 062
+7%
1 174
+11%
1 226
+4%
1 270
+4%
1 461
+15%
1 513
+4%
1 830
+21%
2 415
+32%
2 416
+0%
2 555
+6%
2 568
+0%
2 283
-11%
2 552
+12%
2 607
+2%
2 644
+1%
2 696
+2%
3 068
+14%
2 982
-3%
3 210
+8%
4 129
+29%
4 420
+7%
4 833
+9%
5 255
+9%
5 637
+7%
5 135
-9%
5 656
+10%
6 133
+8%
6 695
+9%
9 517
+42%
11 888
+25%
14 945
+26%
18 519
+24%
20 734
+12%
22 671
+9%
23 175
+2%
22 614
-2%
22 618
+0%
24 939
+10%
27 720
+11%
30 315
+9%
Operating Income
Operating Expenses
(181)
(194)
(203)
(220)
(257)
(263)
(295)
(345)
(346)
(383)
(324)
(382)
(395)
(393)
(448)
(476)
(518)
(538)
(624)
(679)
(715)
(782)
(868)
(934)
(1 079)
(1 311)
(1 216)
(1 288)
(1 413)
(1 345)
(1 697)
(1 731)
(1 822)
(1 865)
(1 991)
(1 949)
(2 029)
(2 327)
(2 152)
(2 307)
(2 520)
(2 723)
(3 414)
(3 789)
(4 369)
(4 803)
(5 919)
(6 913)
(7 456)
(8 622)
(9 444)
(10 617)
(10 663)
(10 591)
(9 392)
(9 800)
(11 473)
(11 947)
Selling, General & Administrative
(173)
(180)
(183)
(201)
(233)
(242)
(234)
(271)
(267)
(273)
(274)
(318)
(330)
(355)
(375)
(370)
(392)
(408)
(499)
(532)
(603)
(656)
(674)
(786)
(867)
(1 021)
(1 084)
(1 184)
(1 313)
(1 269)
(1 276)
(1 128)
(1 214)
(1 236)
(1 453)
(1 485)
(1 476)
(1 681)
(1 433)
(1 522)
(1 526)
(1 610)
(2 329)
(2 464)
(2 984)
(3 306)
(4 287)
(4 897)
(5 116)
(5 934)
(7 005)
(6 881)
(6 948)
(6 646)
(6 235)
(5 956)
(6 783)
(7 102)
Research & Development
0
0
0
0
0
0
(53)
0
0
0
(38)
0
0
0
(52)
0
0
0
(92)
0
0
0
(154)
0
0
0
(192)
0
0
(104)
(457)
(394)
(546)
(594)
(602)
(654)
(691)
(761)
(763)
(876)
(1 013)
(1 134)
(1 107)
(1 280)
(1 377)
(1 471)
(1 621)
(1 823)
(2 018)
(2 274)
(2 331)
(2 673)
(2 884)
(3 082)
(2 998)
(3 307)
(3 715)
(3 928)
Depreciation & Amortization
0
0
0
0
0
0
(8)
0
0
0
(11)
0
0
0
(19)
0
0
0
(27)
0
0
0
(34)
0
0
0
(37)
0
0
0
(51)
0
0
0
(71)
0
0
0
(90)
0
0
0
(126)
0
0
0
(175)
0
0
0
(266)
0
0
0
(381)
0
0
0
Other Operating Expenses
(8)
(14)
(19)
(19)
(24)
(21)
(1)
(74)
(79)
(109)
(1)
(64)
(66)
(38)
(2)
(107)
(127)
(130)
(6)
(147)
(112)
(127)
(6)
(148)
(211)
(289)
97
(105)
(100)
28
87
(209)
(62)
(35)
133
190
138
115
134
92
18
21
148
(46)
(9)
(26)
164
(192)
(322)
(414)
157
(1 063)
(832)
(864)
222
(537)
(975)
(918)
Operating Income
167
N/A
179
+7%
180
+1%
165
-8%
132
-20%
84
-37%
18
-78%
(7)
N/A
27
N/A
77
+183%
147
+91%
193
+31%
209
+8%
175
-16%
290
+66%
342
+18%
391
+14%
454
+16%
439
-3%
495
+13%
511
+3%
487
-5%
592
+21%
579
-2%
751
+30%
1 104
+47%
1 200
+9%
1 267
+6%
1 155
-9%
938
-19%
855
-9%
876
+2%
822
-6%
831
+1%
1 076
+29%
1 034
-4%
1 181
+14%
1 801
+53%
2 268
+26%
2 527
+11%
2 736
+8%
2 914
+7%
1 720
-41%
1 867
+9%
1 764
-6%
1 892
+7%
3 598
+90%
4 975
+38%
7 490
+51%
9 897
+32%
11 290
+14%
12 054
+7%
12 512
+4%
12 023
-4%
13 226
+10%
15 139
+14%
16 247
+7%
18 368
+13%
Pre-Tax Income
Interest Income Expense
2
(3)
(3)
7
17
29
42
31
30
31
27
31
29
13
5
(30)
(29)
(16)
5
6
(2)
(4)
21
29
29
15
0
(26)
4
53
38
15
48
44
(28)
(8)
(41)
(107)
(100)
(110)
(145)
(190)
(33)
82
314
605
545
464
593
140
221
136
(109)
164
337
506
740
738
Non-Reccuring Items
0
0
0
0
0
0
(6)
0
0
0
2
0
0
0
(16)
0
0
0
0
0
0
0
(1)
(1)
0
0
(55)
0
0
1
18
0
0
0
(6)
0
(0)
(1)
(2)
0
0
0
207
0
1
0
(3)
(2)
(6)
(6)
(54)
(5)
0
(0)
(5)
2
2
4
Gain/Loss on Disposition of Assets
0
0
15
0
0
0
0
0
0
0
0
0
0
(0)
0
(0)
(0)
0
(2)
(2)
(2)
(2)
0
0
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
27
16
9
25
30
29
32
44
39
40
33
26
21
34
47
48
50
48
51
65
72
70
56
50
35
35
16
4
3
(6)
12
10
(1)
0
(10)
(19)
(1)
(1)
16
21
11
8
(2)
0
8
6
(6)
(6)
(28)
(14)
2
(17)
(7)
(31)
(15)
(34)
(25)
(12)
Pre-Tax Income
196
N/A
192
-2%
201
+5%
198
-2%
179
-9%
142
-21%
86
-39%
68
-21%
96
+42%
148
+53%
209
+42%
250
+19%
258
+3%
222
-14%
326
+47%
360
+10%
412
+14%
485
+18%
493
+2%
564
+14%
580
+3%
551
-5%
668
+21%
657
-2%
814
+24%
1 153
+42%
1 162
+1%
1 245
+7%
1 162
-7%
986
-15%
923
-6%
901
-2%
870
-3%
876
+1%
1 032
+18%
1 006
-2%
1 138
+13%
1 693
+49%
2 182
+29%
2 438
+12%
2 602
+7%
2 732
+5%
1 893
-31%
1 949
+3%
2 086
+7%
2 503
+20%
4 134
+65%
5 431
+31%
8 048
+48%
10 017
+24%
11 460
+14%
12 168
+6%
12 396
+2%
12 155
-2%
13 544
+11%
15 612
+15%
16 964
+9%
19 098
+13%
Net Income
Tax Provision
(35)
(35)
(28)
(28)
(24)
(18)
(13)
(10)
(15)
(24)
(28)
(33)
(35)
(30)
(42)
(49)
(58)
(65)
(66)
(84)
(95)
(92)
(122)
(107)
(128)
(157)
(147)
(155)
(130)
(104)
(105)
(110)
(94)
(98)
(120)
(110)
(112)
(144)
(206)
(233)
(293)
(362)
(189)
(213)
(229)
(278)
(439)
(629)
(883)
(1 118)
(1 851)
(1 981)
(2 153)
(2 152)
(2 280)
(2 662)
(2 916)
(3 605)
Income from Continuing Operations
160
157
173
170
155
124
73
58
82
124
181
217
223
192
283
311
354
420
426
480
485
460
546
550
686
996
1 014
1 090
1 032
882
817
791
775
778
912
897
1 026
1 549
1 976
2 205
2 309
2 371
1 704
1 736
1 857
2 226
3 695
4 802
7 165
8 899
9 609
10 187
10 244
10 003
11 264
12 950
14 048
15 493
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(2)
(1)
2
7
12
12
11
10
8
7
(2)
(8)
(13)
(16)
(21)
(19)
(16)
(20)
(16)
(21)
(23)
(44)
(107)
(121)
(129)
(131)
(87)
(102)
(112)
(118)
(143)
(169)
(159)
(199)
(187)
(228)
(184)
(236)
(175)
Net Income (Common)
160
N/A
157
-2%
173
+11%
170
-2%
155
-9%
124
-20%
73
-41%
58
-21%
82
+41%
124
+52%
181
+46%
217
+20%
223
+3%
192
-14%
283
+47%
311
+10%
354
+14%
421
+19%
425
+1%
478
+12%
484
+1%
461
-5%
554
+20%
562
+1%
698
+24%
1 008
+44%
1 024
+2%
1 098
+7%
1 038
-5%
880
-15%
810
-8%
778
-4%
759
-2%
757
0%
893
+18%
881
-1%
1 006
+14%
1 534
+52%
1 954
+27%
2 182
+12%
2 265
+4%
2 264
0%
1 583
-30%
1 607
+2%
1 726
+7%
2 138
+24%
3 593
+68%
4 690
+31%
7 047
+50%
8 756
+24%
9 440
+8%
10 028
+6%
10 045
+0%
9 816
-2%
11 036
+12%
12 766
+16%
13 812
+8%
15 318
+11%
EPS (Diluted)
0.14
N/A
0.13
-7%
0.15
+15%
0.14
-7%
0.13
-7%
0.1
-23%
0.06
-40%
0.04
-33%
0.06
+50%
0.1
+67%
0.15
+50%
0.19
+27%
0.2
+5%
0.17
-15%
0.24
+41%
0.26
+8%
0.29
+12%
0.35
+21%
0.36
+3%
0.4
+11%
0.41
+2%
0.32
-22%
0.41
+28%
0.41
N/A
0.49
+20%
0.7
+43%
0.72
+3%
0.76
+6%
0.72
-5%
0.62
-14%
0.56
-10%
0.54
-4%
0.52
-4%
0.51
-2%
0.61
+20%
0.6
-2%
0.68
+13%
1.04
+53%
1.34
+29%
1.49
+11%
1.52
+2%
1.55
+2%
0.77
-50%
1.09
+42%
1.17
+7%
1.44
+23%
1.73
+20%
3.17
+83%
4.74
+50%
5.9
+24%
4.54
-23%
4.84
+7%
4.83
0%
4.74
-2%
5.32
+12%
6.16
+16%
6.66
+8%
7.38
+11%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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