Analysis
Kehua 2024 Annual Results: #1 Chinese ESS PCS Shipper, But Margins Under Pressure
Kehua
📍 Xiamen, China · Est. 1988Listed · SZSE: 002335
Vue d'ensemble
Kehua Tech Co., Ltd., founded in 1988 and headquartered in Xiamen, China, is ranked as the world's fourth-largest power conversion system supplier by S&P Global. The company specializes in energy storage inverters and PCS ranging from 100 kW to over 1 MW. Kehua manufactures at its facilities in China.
En bref
RMB 7.76B (~US$1.08B)
Chiffre d'affaires
4,250
Effectifs
30 GW / 12 GWh
Livraisons ESS
Produits
Kehua offers 12 BESS products across 3 categories: PCS, PCS + MV Skid, DC Block. 12 products have detailed specifications available.
PCS
PCS + MV Skid
DC Block
Présence mondiale
Kehua is headquartered in Xiamen, China with manufacturing in China (Xiamen, Jiaomei, Zhangzhou, Xiang'an, Foshan), Malaysia. 10 known facilities worldwide.
HQ
Manufacturing
Sales
Service Center
Sites
Siège social
Xiamen, Fujian, China
Production
Jiaomei, Zhangzhou, Fujian, ChinaZhangzhou, Fujian, ChinaXiang'an, Xiamen, Fujian, ChinaFoshan, Guangdong, ChinaMalaysia
Commercial
Jakarta, IndonesiaSorocaba, BrazilSeoul, South Korea
Centre de service
Warsaw, Poland
Données financières & rapports
Kehua is publicly listed (SZSE: 002335). Key figures from FY2024. Annual report available for download.
Chiffres clés
RMB 7.76B (~US$1.08B)
Chiffre d'affaires
RMB 315M (~US$43.8M)
Résultat net
25.2%
Marge brute
RMB 505M (~US$65.0M)
Dépenses R&D
4,250
Effectifs
30 GW / 12 GWh
Livraisons ESS
Source: FY2024 annual report
Analyses indépendantes
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Performance boursière
Développement durable
Kehua publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2024.
Chiffres clés ESG
79,019 kg
Déchets recyclés
2,310
Brevets
2,086
Personnel R&D
0
Décès liés au travail
Source: 2024 ESG report
Certifications & conformité
Kehua holds 4 certifications covering quality management, environmental standards, and safety compliance.
Projets de référence & études de cas
Selected BESS projects officially disclosed by Kehua. 17 documented projects with case studies available for download.
