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Chinese maker of solar inverters and energy-storage inverters sold globally under the Solis brand.
Chinese maker of solar inverters and energy-storage inverters sold globally under the Solis brand.
Sells inverters, the boxes that convert solar panels' output for the grid, mainly through distributors and installers in many countries, so results follow solar installation pace and price competition with other Chinese inverter makers. A big part of sales is outside China.
In one line: A smaller, China-based SolarEdge/Enphase.
Moat: narrow (scale, distribution). Global distributor network and cost scale in a competitive, commoditising inverter market.
Headquarters: Ningbo, China · Founded: 2010 · Employees: 4,755
Size Ginlong Technologies (300763.SZ) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $2.98B, the 867th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥50.20 on 6 Nov 2026.
Performance Over six months the shares fell 47.2%, against -23.6% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 20 in its peer set.
Growth Revenue grew 3.9% over the last twelve months (peer median +6.2%); the operating margin is 10.5% (peer median 10.1%).
Valuation It trades at 19.2× forward earnings against a peer median of 23.8× (6th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +27%, so the hurdle is -17 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.9 points below its cost of capital (8.9% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥7.31B | CN¥6.94B | CN¥6.53B | CN¥6.09B | CN¥5.88B |
| Revenue growth | — | +6% | +7% | +4% | — |
| Gross profit | CN¥2.99B | CN¥2.33B | CN¥2.00B | CN¥1.90B | CN¥1.94B |
| EBITDA | n/a | CN¥1.83B | CN¥1.85B | CN¥1.56B | CN¥1.44B |
| Net income | CN¥437M | CN¥743M | CN¥691M | CN¥779M | CN¥1.06B |
| Free cash flow | CN¥1.91B | CN¥1.93B | -CN¥1.58B | -CN¥6.73B | -CN¥3.23B |
| Capital expenditure | CN¥184M | CN¥279M | CN¥3.63B | CN¥7.12B | CN¥4.19B |
| Total debt | CN¥8.73B | CN¥8.92B | CN¥11.3B | CN¥11.3B | CN¥8.36B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Ginlong Technologies 300763.SZ | $2.98B | -47% | +4% | 11% | 19.2× | 10.0% |
| Sungrow Power Supply 300274.SZ | $25.3B | -40% | -24% | 12% | 14.9× | 12.1% |
| SolarEdge Technologies SEDG | $1.69B | -33% | +26% | -6% | n/a | 11.4% |
| Enphase Energy ENPH | $3.77B | -22% | -20% | 13% | 27.0× | 18.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 300763.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.9% | -13.7% | 7th highest of 21 |
| 6-month return | -47.2% | -23.6% | 2nd lowest of 20 |
| Distance from 52-week high | -59.8% | -43.8% | 6th lowest of 21 |
| Revenue growth (TTM) | +3.9% | +6.2% | 9th lowest of 21 |
| Operating margin | 10.5% | 10.1% | 11th highest of 21 |
| Forward P/E | 19.2× | 23.8× | 6th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 10.0% | 14.1% | 6th least demanding of 14 |
| Growth delivered (Del g) | +27.2% | +11.6% | highest of 14 |
| Hurdle (Req g minus delivered) | -17.3 pp | +2.3 pp | least demanding of 14 |
| ROIC minus cost of capital | -1.9 pp | -0.8 pp | 10th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ginlong Technologies 300763.SZ | China | $2.98B | -47% | +4% | 11% | 19.2× | 10.0% | +27.2% |
| Shanghai Lingang 600848.SS | China | $3.00B | -9% | -26% | 15% | 19.4× | 12.9% | +15.1% |
| Addsino 000547.SZ | China | $3.02B | -49% | -6% | -54% | n/a | n/a | n/a |
| Syntec Technology 7750.TW | Taiwan | $3.15B | -46% | +60% | 25% | 13.2× | 17.2% | +24.3% |
| GeniuS Electronic Optical 3406.TW | Taiwan | $2.81B | +59% | +16% | 20% | 20.1× | 5.9% | +9.5% |
| Kehua Data 002335.SZ | China | $2.81B | -41% | +5% | 5% | 31.4× | 16.7% | +14.4% |
| GRG Banking Equipment 002152.SZ | China | $3.26B | -25% | 0% | 9% | 23.0× | 4.0% | +13.5% |
| Oxford Nanopore Technologies ONT.L | United Kingdom | $2.71B | +75% | +15% | -55% | n/a | n/a | n/a |
| Focuslight Technologies 688167.SS | China | $2.71B | -44% | +22% | -9% | 284.8× | n/a | n/a |
| Ningbo Sanxing Medical Electric 601567.SS | China | $2.66B | -37% | -11% | 3% | 15.8× | 4.8% | +15.1% |
| Shenzhen SEICHI Technologies 688627.SS | China | $3.37B | -24% | +65% | 3% | 89.1× | n/a | n/a |
| Shenzhen CSL Vacuum Science & Technology 688785.SS | China | $2.62B | -21% | -2% | 18% | n/a | n/a | n/a |
| Suzhou HYC Technology 688001.SS | China | $2.59B | -31% | +19% | 6% | 61.1× | 37.6% | +5.9% |
| Dexerials 4980.T | Japan | $2.55B | -4% | +5% | 35% | 13.8× | 15.0% | +11.6% |
| Vaisala VAIAS.HE | Finland | $2.54B | +22% | +2% | 16% | 26.9× | 9.7% | +9.5% |
| Sineng Electric 300827.SZ | China | $2.35B | -25% | +29% | 12% | 24.7× | n/a | n/a |
| Keli Sensing Technology (Ningbo) 603662.SS | China | $2.28B | -4% | +24% | 19% | 51.6× | 24.7% | +13.4% |
| CIQTEK 688828.SS | China | $4.17B | n/a | +33% | -5% | n/a | n/a | n/a |
| Itron ITRI | United States | $4.32B | +20% | -4% | 14% | 14.5× | 9.2% | +1.7% |
| ULVAC 6728.T | Japan | $2.01B | -34% | +7% | 7% | 15.5× | 14.1% | +8.0% |
| INFICON IFCN.SW | Switzerland | $4.51B | 0% | -2% | 17% | 32.8× | 19.7% | +8.4% |