Analysis
Sineng Electric 2024 Annual Results: Storage PCS Margins Up 7 Points, Overseas Revenue Up 69%
Sineng Electric
📍 Wuxi, China · Est. 2004Listed · SZSE: 300827
Researched by 25 professionals in the last 30 days
Panoramica
Sineng Electric, founded in 2004 and headquartered in Wuxi, Jiangsu, is a BloombergNEF Tier 1 inverter manufacturer ranked among the top five globally in PV inverter shipments. The company specialises in grid-forming BESS power conversion, with energy storage generating more than RMB 2 billion of revenue in 2025. Sineng Electric manufactures in China and India and runs sales offices across Europe, the Middle East, the Americas and Asia Pacific.
In sintesi
RMB 5.63B (~US$795M)
Ricavi
1,942
Dipendenti
Prodotti
Sineng Electric offers 13 BESS products across 2 categories: PCS, PCS + MV Skid. 13 products have detailed specifications available.
PCS
PCS + MV Skid
Presenza globale
Sineng Electric is headquartered in Wuxi, China with manufacturing in China (Wuxi, Shenzhen), India (Bangalore). 12 known facilities worldwide.
HQ
Manufacturing
Sales
Stabilimenti
Sede centrale
Wuxi, Jiangsu, China
Produzione
Shenzhen, Guangdong, ChinaBengaluru, Karnataka, India
Commerciale
Suzhou, Jiangsu, ChinaChengdu, Sichuan, ChinaMunich, GermanyMadrid, SpainAthens, GreeceDubai, United Arab EmiratesKaty, Texas, United StatesSao Paulo, BrazilSingapore
Dati finanziari e rapporti
Sineng Electric is publicly listed (SZSE: 300827). Key figures from FY2025. Annual report available for download.
Cifre chiave
RMB 5.63B (~US$795M)
Ricavi
RMB 463M (~US$65.3M)
Utile netto
23.3% (storage)
Margine lordo
RMB 328M (~US$46.3M)
Spesa in R&S
1,942
Dipendenti
RMB 2.04B (~US$288M)
Ricavi ESS
Source: 2025 annual report (CNINFO). Revenue +17.95% YoY; energy storage segment RMB 2.04B (+5.64%), 36.2% of revenue; overseas revenue RMB 2.07B (+78.14%).
Analisi indipendenti
›
Analysis
Sineng Electric 2025 Annual Results: RMB 2.04 Billion Storage PCS Revenue, #5 Globally
Andamento borsistico
Sostenibilità
Sineng Electric publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
Cifre chiave ESG
601
Personale R&S
Source: 2025 ESG report
Certificazioni e conformità
Sineng Electric holds 3 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
ISO 45001
Progetti di referenza e casi studio
Selected BESS projects officially disclosed by Sineng Electric. 5 documented projects with case studies available for download.
