Sungrow Power Supply Hits Day High with 4.28% Surge in Stock Price

Mar 23 2026 05:30 PM IST
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Sungrow Power Supply Co., Ltd. has shown strong stock performance, with a notable increase on March 20, 2026. Over the past year, the company achieved impressive returns and significant net profit growth, alongside robust sales figures. Its market capitalization reflects its resilience and competitive position in the industry.
Sungrow Power Supply Hits Day High with 4.28% Surge in Stock Price
Sungrow Power Supply Co., Ltd. has experienced a significant uptick in its stock performance, gaining 4.28% on March 20, 2026. The stock reached an intraday high of CNY 180.15, showcasing its strong market position within the Other Electrical Equipment industry.
Over the past year, Sungrow has delivered impressive returns of 147.68%, significantly outperforming the China Shanghai Composite, which has only seen a 16.08% increase during the same period. The company's robust financial metrics include a net profit growth of 57.04% and a remarkable operating cash flow of CNY 21,693.1 million. Additionally, net sales for the first half of the year reached CNY 47,365.46 million, reflecting a growth rate of 26.88%. Sungrow's return on equity stands at an attractive 34.35%, supported by a price-to-book ratio of 5.27. The company has consistently reported positive results over the last two quarters, further solidifying its strong market presence. With a market capitalization of CNY 237,121 million, Sungrow continues to demonstrate resilience and growth in a competitive landscape.
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