---
title: "Sungrow Power Supply (300274.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/300274.SZ/norm.md"
symbol: "300274.SZ"
name: "Sungrow Power Supply"
parent: "https://longbridge.com/en/quote/300274.SZ.md"
datetime: "2026-05-20T01:34:24.588Z"
locales:
  - [en](https://longbridge.com/en/quote/300274.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/300274.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/300274.SZ/norm.md)
---

# Sungrow Power Supply (300274.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 1.11 | 0.7802 | 2.00 | 1.88 | 1.85 |
| ROE | 19.24% | 13.80% | 37.91% | 37.53% | 39.40% |
| Revenue | 15.56B | 22.78B | 22.87B | 24.50B | 19.04B |
| Net income | 2.29B | 1.58B | 4.15B | 3.91B | 3.83B |
| Operating income | 2.94B | 876.53M | 6.11B | 4.23B | 4.56B |
| Gross margin | 33.26% | 17.61% | 38.56% | 31.24% | 35.13% |
| Net margin | 14.72% | 6.94% | 18.13% | 15.95% | 20.10% |
| Profit quality | 243.49% | 12.51% | 94.27% | 257.43% | 254.84% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 121.86B | 118.68B | 120.67B | 118.39B | 122.77B |
| Leverage | 2.35 | 2.38 | 2.50 | 2.59 | 2.79 |
| BVPS | 23.70 | 22.71 | 21.90 | 20.72 | 19.87 |
| Turnover | 0.7007 | 0.7631 | 0.8337 | 0.8493 | 0.8117 |
| Cash & STI | 33.91B | 33.84B | 32.12B | 27.76B | 31.02B |
| Inv & Rec | 27.76B | 27.26B | 29.93B | 29.71B | 31.16B |
| LT assets | 14.44B | 14.10B | 12.77B | 12.39B | 11.68B |
| Net debt | -28.17B | -26.65B | -20.57B | -15.25B | -15.44B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 1.21B | 7.00B | 6.48B | 1.64B | 1.79B |
| Investing CF | 6.22B | -3.45B | -768.03M | -2.77B | 3.71B |
| Financing CF | 368.15M | -3.83B | -1.25B | -4.29B | 66.79M |
| Free CF | 1.18B | 6.17B | 6.39B | 514.33M | -1.74B |
| OCF coverage | 63.16% | 69.70% | -3073.75% | 15.70% | 109.51% |
| Repaid & issued | 1.00B | 2.00B | 425.88M | 4.63B | 2.14B |
| CapEx | -654.40M | -948.88M | -597.47M | -607.11M | -854.56M |

## Distribution Plan

**Dividend Yield**: 1.70

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.685159CNY | 2026-05-11 | 2026-05-12 | 2026-05-12 |
| Cash Dividend: 
0.940657CNY | 2025-10-17 | 2025-10-20 | 2025-10-20 |
| Cash Dividend: 
1.069223CNY | 2025-06-12 | 2025-06-13 | 2025-06-13 |