Analysis
Deye 2025 Annual Results: RMB 9.05 Billion From Energy Storage
Deye
📍 Ningbo, China · Est. 2000Listed · SSE: 605117
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Yleiskatsaus
Ningbo Deye Technology, founded in 2000 and listed on the Shanghai Stock Exchange (605117), is a major manufacturer of solar inverters and energy storage systems. The company operates manufacturing facilities spanning over one million square meters in Ningbo, Jiaxing, and Cixi, with products sold in over 140 countries. Deye ESS Technology, a dedicated subsidiary, manufactures LFP battery systems for residential, C&I, and utility-scale applications with an annual production capacity of 6 GWh.
Yleiskuva
RMB 12.22B (~US$1.69B)
Liikevaihto
6,044
Henkilöstö
777K packs
ESS-toimitukset
Tuotteet
Deye offers 15 BESS products across 3 categories: DC Block, AC Block, PCS + MV Skid.
DC Block
AC Block
PCS + MV Skid
Maailmanlaajuinen läsnäolo
Deye is headquartered in Ningbo, China with manufacturing in China (Ningbo, Jiaxing, Cixi). 3 known facilities worldwide.
HQ
Manufacturing
Toimipisteet
Pääkonttori
Ningbo, Zhejiang, China
Tuotanto
Cixi, Zhejiang, ChinaJiaxing, Zhejiang, China
Taloustiedot ja raportit
Deye is publicly listed (SSE: 605117). Key figures from FY2025. Annual report available for download.
Tunnusluvut
RMB 12.22B (~US$1.69B)
Liikevaihto
RMB 3.17B (~US$439M)
Nettotulos
38.1%
Bruttokate
RMB 562M (~US$77.7M)
T&K-panostukset
6,044
Henkilöstö
777K packs
ESS-toimitukset
RMB 9.05B
ESS-liikevaihto
Source: Ningbo Deye Technology (605117.SH) 2025 Annual Report. Revenue covers all segments (inverters, energy storage, environmental appliances). Net income is profit attributable to shareholders. Gross margin is derived from total operating revenue and operating cost. ESS revenue is the sum of energy storage inverters (RMB 5.22B) and energy storage battery packs (RMB 3.83B). ESS shipments are the 777,000 energy storage battery packs sold in 2025, reported in units (up 67% year on year); the report gives no GWh figure.
Riippumattomat analyysit
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Osakekurssi
Vastuullisuus
Deye publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
Keskeiset ESG-luvut
4.30 t/RMB M
KHK-intensiteetti
542
Patentit
868
T&K-henkilöstö
0
Työtapaturmakuolemat
Source: Ningbo Deye Technology 2025 Sustainability Report. GHG intensity is 4.30 tonnes CO2e of Scope 1 and 2 emissions (52,559 tCO2e in total) per million RMB of revenue. Patents are authorized patents within their validity period (50 invention, 367 utility model, 125 design). R&D staff is total R&D team members, 14.39% of employees. Zero work-related fatalities and zero work-related injuries in 2025.
Riippumattomat analyysit
Analysis
Deye 2025 ESG Report: Zero Injuries, 16 GWh Storage Line Planned
Sertifioinnit ja vaatimustenmukaisuus
Deye holds 2 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
Referenssihankkeet ja tapaustutkimukset
Selected BESS projects officially disclosed by Deye.
