Analysis
Deye 2025 Annual Results: RMB 9.05 Billion From Energy Storage
Deye
📍 Ningbo, China · Est. 2000Listed · SSE: 605117
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Prehlad
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.
V skratke
RMB 12.22B (~US$1.69B)
Trzby
6,044
Zamestnanci
777K packs
Dodavky ESS
Produkty
Deye offers 15 BESS products across 3 categories: DC Block, AC Block, PCS + MV Skid.
DC Block
AC Block
PCS + MV Skid
Globalna pritomnost
Deye is headquartered in Ningbo, China with manufacturing in China (Ningbo, Jiaxing, Cixi). 3 known facilities worldwide.
HQ
Manufacturing
Prevadzky
Centralne sidlo
Ningbo, Zhejiang, China
Vyroba
Cixi, Zhejiang, ChinaJiaxing, Zhejiang, China
Financne udaje a spravy
Deye is publicly listed (SSE: 605117). Key figures from FY2025. Annual report available for download.
Klucove ukazovatele
RMB 12.22B (~US$1.69B)
Trzby
RMB 3.17B (~US$439M)
Cisty zisk
38.1%
Hruby marza
RMB 562M (~US$77.7M)
Vydavky na V&V
6,044
Zamestnanci
777K packs
Dodavky ESS
RMB 9.05B
Trzby 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.
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Vykonnost na burze
Udrzatelnost
Deye publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
Klucove ESG ukazovatele
4.30 t/RMB M
Intenzita sklenikových plynov
542
Patenty
868
Pracovnici V&V
0
Pracovne umrtia
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.
Certifikacie a suladnost
Deye holds 2 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
Referencne projekty a pripadove studie
Selected BESS projects officially disclosed by Deye.
