Analysis of the Performance of New Energy Companies: Will Inverter Manufacturers Experience a Surge in Sales in the First Quarter of 2025?
On May 7, 2025, new energy finance news reported that inverter manufacturers faced significant challenges in 2024 due to production capacity constraints and pricing pressures. Despite these challenges, the performance of inverter companies has become a focal point within the industry.
In 2024, nine inverter manufacturers released their annual reports, predicting sales growth in the first quarter of 2025. Apart from Goodwe (688390.SH), the other eight companies are expected to perform well. In the first quarter of 2025, besides LONGi Green Energy (688032.SH) and Goodwe, other notable companies include Sungrow Power (300274.SZ), DEYE (605117.SH), Solar Inverter Technology (300763.SZ), and Shenzhen Kstar (300827.SZ).
Inverter technology is crucial in converting direct current (DC) generated by solar panels into alternating current (AC) for use in homes and businesses. The demand for inverters is expected to rise significantly, with companies focusing on delivering high-efficiency products that meet customer needs for reliability, safety, and cost-effectiveness.
Data shows that in the first quarter of 2025, inverter manufacturers will likely report a combined revenue of 190.36 billion yuan, reflecting a year-on-year growth of 50.92%. Moreover, the net profit attributable to shareholders is projected to reach 38.26 billion yuan, which is an increase of 82.52%.
Shenzhen Kstar is expected to generate an estimated revenue of 8.31 billion yuan, showing a year-on-year increase of 16.78%. The net profit attributable to shareholders is anticipated to reach 0.88 billion yuan, reflecting a growth of 71.56%.
As of April 26, 2024, inverter companies have reported strong performance in the renewable energy sector, with significant orders coming in, especially from Europe and Southeast Asia.
Inverter manufacturers are increasingly focusing on advanced technologies to enhance their production capabilities. The market for inverter replacements is also expected to grow, driven by the need for more efficient and longer-lasting products.
In summary, as inverter producers aim to meet the rising demand for renewable energy solutions, they continue to innovate and expand their market presence, particularly in regions where solar energy adoption is accelerating.
For further details, you can read more on the new energy finance news APP.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/chinese-power-industrys-shift-will-2025-bring-a-surge-in-transformer-sales/
