SIGENERGY (06656) Posts Interim Results with Adjusted Net Profit of Approximately RMB 2.485 Billion, Up 135.8% Year-on-Year

Stock News
Aug 24

SIGENERGY (06656) has announced its interim results for the 2026 fiscal year, reporting revenue of approximately RMB 9.874 billion, a year-on-year surge of 261.2%. Gross profit reached around RMB 3.999 billion, marking a 181.7% increase compared to the prior corresponding period.

Profit attributable to owners of the company stood at approximately RMB 2.428 billion, representing a substantial 201% growth year-on-year. Meanwhile, adjusted net profit came in at roughly RMB 2.485 billion, up 135.8% from the same period last year.

According to the announcement, the revenue growth during the reporting period was primarily driven by the continuous expansion of the group's business scale and increased sales volumes across its product portfolio. Revenue from the company's SIGENERGY solar-plus-storage series, smart energy gateways, and other segments grew by 267.1%, 181.5%, and 195.0% respectively, reaching RMB 9.296 billion, RMB 358 million, and RMB 219 million. The uptick was chiefly attributed to higher business activity in these areas.

The gross margin declined from 51.9% in the same period of 2025 to 40.5%. This decrease was mainly due to rising raw material costs and the company's increased investment in channel incentive initiatives.

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