Analysis
Deye 2025 Annual Results: RMB 9.05 Billion From Energy Storage
Deye
📍 Ningbo, China · Est. 2000Listed · SSE: 605117
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概述
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.
概覽
RMB 12.22B (~US$1.69B)
營收
6,044
員工人數
777K packs
ESS 出貨量
產品
Deye offers 15 BESS products across 3 categories: DC Block, AC Block, PCS + MV Skid.
DC Block
AC Block
PCS + MV Skid
全球據點
Deye is headquartered in Ningbo, China with manufacturing in China (Ningbo, Jiaxing, Cixi). 3 known facilities worldwide.
HQ
Manufacturing
設施
總部
Ningbo, Zhejiang, China
生產
Cixi, Zhejiang, ChinaJiaxing, Zhejiang, China
財務數據及報告
Deye is publicly listed (SSE: 605117). Key figures from FY2025. Annual report available for download.
關鍵數據
RMB 12.22B (~US$1.69B)
營收
RMB 3.17B (~US$439M)
淨利
38.1%
毛利率
RMB 562M (~US$77.7M)
研發支出
6,044
員工人數
777K packs
ESS 出貨量
RMB 9.05B
ESS 營收
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.
獨立分析
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Video
股價表現
永續發展
Deye publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2025.
ESG 關鍵數據
4.30 t/RMB M
溫室氣體強度
542
專利
868
研發人員
0
工作相關死亡
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.
認證與合規
Deye holds 2 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
參考案例與個案研究
Selected BESS projects officially disclosed by Deye.
