On August 29, Sunshine Power disclosed its semi-annual report for 2026, with operating income of 30.912 billion yuan, a decrease of 28.99%, gross interest rate of 35.92%, an increase of 1.56 percentage points and net profit of 5.259 billion yuan. Down 32.01% year on year.
It is worth noting that during the reporting period, the company's energy storage business revenue accounted for 50.00%. For the first time, the proportion of energy storage business exceeded that of photovoltaic business, and jumped to the largest business sector of the company. The revenue of the
energy storage system was RMB15.456 billion, representing a year-on-year decrease of 13.18%, accounting for 50% of the revenue; the gross profit margin was 32.43%, representing a year-on-year decrease of 7.49 percentage points.
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