Analysis
Deye 2025 Annual Results: RMB 9.05 Billion From Energy Storage
Deye
📍 Ningbo, China · Est. 2000Listed · SSE: 605117
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Panoramica
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.
In sintesi
RMB 12.22B (~US$1.69B)
Ricavi
6,044
Dipendenti
777K packs
Spedizioni ESS
Prodotti
Deye offers 15 BESS products across 3 categories: DC Block, AC Block, PCS + MV Skid.
DC Block
AC Block
PCS + MV Skid
Presenza globale
Deye is headquartered in Ningbo, China with manufacturing in China (Ningbo, Jiaxing, Cixi). 3 known facilities worldwide.
HQ
Manufacturing
Stabilimenti
Sede centrale
Ningbo, Zhejiang, China
Produzione
Cixi, Zhejiang, ChinaJiaxing, Zhejiang, China
Dati finanziari e rapporti
Deye is publicly listed (SSE: 605117). Key figures from FY2025. Annual report available for download.
Cifre chiave
RMB 12.22B (~US$1.69B)
Ricavi
RMB 3.17B (~US$439M)
Utile netto
38.1%
Margine lordo
RMB 562M (~US$77.7M)
Spesa in R&S
6,044
Dipendenti
777K packs
Spedizioni ESS
RMB 9.05B
Ricavi ESS
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.
Analisi indipendenti
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Video
Andamento borsistico
Sostenibilità
Deye publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
Cifre chiave ESG
4.30 t/RMB M
Intensità GHG
542
Brevetti
868
Personale R&S
0
Decessi sul lavoro
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.
Analisi indipendenti
Analysis
Deye 2025 ESG Report: Zero Injuries, 16 GWh Storage Line Planned
Certificazioni e conformità
Deye holds 2 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
Progetti di referenza e casi studio
Selected BESS projects officially disclosed by Deye.
