Safe Innovation: In 2024, Anker is projected to generate significant revenue from its consumer energy storage business, according to a recent report from EBRUN. The report highlights the company’s strong growth trajectory in the energy storage sector, emphasizing the development of new products to enhance service offerings.
On April 29, 2025, Anker released its financial report for the first quarter of 2024, showcasing an impressive revenue of 24.71 billion yuan, representing a year-on-year increase of 41.14%. The company’s net profit reached 2.11 billion yuan, a 30.93% increase compared to the previous year. Operating profit for the same period was reported at 1.88 billion yuan, marking a year-on-year growth of 40.50%. The gross profit margin was also up to 43.67%, indicating a steady increase from the prior year’s figures.
For the first quarter of 2025, Anker’s revenue is expected to reach 5.99 billion yuan, up 36.91% from the previous year, with its net profit projected at 496 million yuan, an increase of 59.57%. Operating profit is anticipated to be 440 million yuan, reflecting a growth of 39.36%.
Analyzing the product categories, Anker’s energy storage products, particularly the Anker SOLIX series, are expected to generate 12.67 billion yuan in revenue in 2024, yielding a year-on-year increase of 47.23%. This category has accounted for approximately 51.26% of Anker’s total revenue.
Additionally, Anker’s smart home product lines, such as the eufy brand, are projected to contribute around 6.36 billion yuan in revenue, representing a 39.53% increase, making up 25.64% of the company’s total revenue.
In the audio product segment, Anker’s soundcore brand, along with Nebula and AnkerWork products, is anticipated to generate 5.92 billion yuan, reflecting a 32.84% increase and accounting for 23.04% of total sales.
Looking ahead, Anker plans to continue expanding its product offerings in the energy storage sector, with a focus on new innovations and enhancements to existing products. As of December 31, 2024, Anker aims to achieve a revenue of 250 billion yuan, a growth of 34.23%, with a total revenue ratio of 54.30%.
On the e-commerce front, Anker has reported a strong performance in online sales, with an anticipated revenue of 176 billion yuan in 2024, up 71.23%, and a year-on-year increase of 43.01%.
In conclusion, Anker’s strategic growth in the consumer energy storage market and its continuous innovation are expected to drive substantial revenue increases in the coming years.
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