With a market value of 4.6 trillion yuan and a market cap increase of 1.6 trillion yuan, what makes the company Longi Green Energy so stable?
On April 25, 2025, Longi Green Energy (stock code: 002459.SZ) released its financial report for 2024, revealing a revenue of 701.2 billion yuan, which is a 14.02% increase year-on-year. The actual profit attributable to shareholders was 46.56 billion yuan, reflecting a substantial year-on-year growth of 166.14%.
Longi Green Energy is recognized as one of the most stable entities among companies in the photovoltaic sector. Over the past decade, it has consistently ranked among the top five in terms of output value in the global photovoltaic market.
By 2025, aside from focusing on large-scale production, the company’s high-end management will shift towards more innovative approaches. This is evident in the ongoing technological advancements and consistent industry leadership.
As of April 25, 2025, Longi Green Energy’s stock price was 9.64 yuan, with a total market value of 319.05 billion yuan. The highest point reached was 58.91 yuan, and the stock’s annual growth rate exceeded 83.6%. In 2022, the company’s market value briefly exceeded 1.9 trillion yuan, indicating a significant recovery to a market cap of 1.6 trillion yuan over three years.
Looking ahead to 2024, Longi Green Energy expects its total output capacity of solar modules to reach approximately 79.447 GW (including 1.544 GW for self-consumption), with an export ratio of around 49% for its modules. According to the third-party consulting firm PV InfoLink, by 2024, the company is projected to maintain a leading position in the global market.
In the fourth quarter of 2024, Longi Green Energy’s production capacity is expected to surpass 100 GW, with the company aiming for 80% of its production capacity to come from module manufacturing and 70% from battery production. This indicates a strong vertical integration strategy to maximize efficiency and output.
For the same year, Longi Green Energy’s net profit is forecasted to reach 37.11 billion yuan, with a growth rate of 5.29%. The company also holds a robust intellectual property portfolio with 1,899 patents, of which 1,031 are issued in the domain of solar technology.
With a focus on innovation and quality, Longi Green Energy is prepared to face both domestic and international market challenges. The company has shown resilience against fluctuations in the market and continues to adapt its strategies in response to changing conditions.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/massive-46-billion-market-cap-how-did-the-most-stable-solar-company-achieve-a-1600-billion-valuation/
