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
Pangkalahatang-tanaw
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.
Sa isang sulyap
RMB 5.63B (~US$795M)
Revenue
1,942
Mga empleyado
Mga Produkto
Sineng Electric offers 13 BESS products across 2 categories: PCS, PCS + MV Skid. 13 products have detailed specifications available.
PCS
PCS + MV Skid
Global presence
Sineng Electric is headquartered in Wuxi, China with manufacturing in China (Wuxi, Shenzhen), India (Bangalore). 12 known facilities worldwide.
HQ
Manufacturing
Sales
Mga pasilidad
Head office
Wuxi, Jiangsu, China
Manufacturing
Shenzhen, Guangdong, ChinaBengaluru, Karnataka, India
Sales
Suzhou, Jiangsu, ChinaChengdu, Sichuan, ChinaMunich, GermanyMadrid, SpainAthens, GreeceDubai, United Arab EmiratesKaty, Texas, United StatesSao Paulo, BrazilSingapore
Financial data at mga ulat
Sineng Electric is publicly listed (SZSE: 300827). Key figures from FY2025. Annual report available for download.
Mga pangunahing datos
RMB 5.63B (~US$795M)
Revenue
RMB 463M (~US$65.3M)
Net income
23.3% (storage)
Gross margin
RMB 328M (~US$46.3M)
R&D spending
1,942
Mga empleyado
RMB 2.04B (~US$288M)
ESS revenue
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%).
Mga independiyenteng pagsusuri
›
Analysis
Sineng Electric 2025 Annual Results: RMB 2.04 Billion Storage PCS Revenue, #5 Globally
Stock performance
Sustainability
Sineng Electric publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
Mga pangunahing ESG datos
601
R&D staff
Source: 2025 ESG report
Mga Certification at compliance
Sineng Electric holds 3 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
ISO 45001
Mga reference project at case study
Selected BESS projects officially disclosed by Sineng Electric. 5 documented projects with case studies available for download.
