Analysis
Deye 2025 Annual Results: RMB 9.05 Billion From Energy Storage
Deye
📍 Ningbo, China · Est. 2000Listed · SSE: 605117
13 research visits in the last 30 days↑
Overzicht
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 het kort
RMB 12.22B (~US$1.69B)
Omzet
6,044
Medewerkers
777K packs
ESS-leveringen
Producten
Deye offers 15 BESS products across 3 categories: DC Block, AC Block, PCS + MV Skid.
DC Block
AC Block
PCS + MV Skid
Wereldwijde aanwezigheid
Deye is headquartered in Ningbo, China with manufacturing in China (Ningbo, Jiaxing, Cixi). 3 known facilities worldwide.
HQ
Manufacturing
Vestigingen
Hoofdkantoor
Ningbo, Zhejiang, China
Productie
Cixi, Zhejiang, ChinaJiaxing, Zhejiang, China
Financiële gegevens en rapporten
Deye is publicly listed (SSE: 605117). Key figures from FY2025. Annual report available for download.
Kerncijfers
RMB 12.22B (~US$1.69B)
Omzet
RMB 3.17B (~US$439M)
Nettoresultaat
38.1%
Brutomarge
RMB 562M (~US$77.7M)
R&D-uitgaven
6,044
Medewerkers
777K packs
ESS-leveringen
RMB 9.05B
ESS-omzet
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.
Onafhankelijke analyses
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Video
Koersontwikkeling
Duurzaamheid
Deye publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
ESG-kerncijfers
4.30 t/RMB M
BKG-intensiteit
542
Octrooien
868
R&D-medewerkers
0
Arbeidsgerelateerde sterfgevallen
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.
Onafhankelijke analyses
Analysis
Deye 2025 ESG Report: Zero Injuries, 16 GWh Storage Line Planned
Certificeringen en compliance
Deye holds 2 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
Referentieprojecten en cases
Selected BESS projects officially disclosed by Deye.
