Ginlong Technologies

Ginlong Technologies

Solar energy storage. Learn more

Launch date
Employees
Market cap
€3.2b
Enterprise valuation
€4.4b (Public information from Sep 2024)
Ningbo Zhejiang (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
CNY2020202120222023202420252026
Revenues2.1b3.3b5.9b6.1b7.8b10.1b11.9b
% growth83 %59 %78 %4 %28 %29 %18 %
EBITDA373m603m1.6b1.7b2.3b2.7b3.1b
% EBITDA margin18 %18 %27 %28 %29 %27 %26 %
Profit318m474m1.1b779m1.1b1.3b1.5b
% profit margin15 %14 %18 %13 %13 %12 %12 %
EV / revenue8.4x14.2x11.3x5.5x4.3x3.5x3.1x
EV / EBITDA47.1x78.0x41.3x20.0x14.8x12.9x11.9x
R&D budget94.3m173m301m312m---
R&D % of revenue5 %5 %5 %5 %---
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DateInvestorsAmountRound
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N/A

Series B
N/A

N/A

IPO
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N/A

-
Total Funding-

Recent News about Ginlong Technologies

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More about Ginlong Technologiesinfo icon
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Ginlong Technologies, operating under the brand name Solis, specializes in the development and manufacturing of advanced solar inverters. These devices are crucial for converting the direct current (DC) generated by solar panels into alternating current (AC) that can be used by electrical grids and home appliances. The company serves a diverse range of clients, including residential homeowners, commercial businesses, and utility-scale solar power plants.

Ginlong Technologies operates in the renewable energy market, which is experiencing rapid growth due to increasing global demand for sustainable energy solutions. The company's business model revolves around the sale of its solar inverter products, which are known for their reliability, efficiency, and advanced features such as remote monitoring and smart grid compatibility. Revenue is generated primarily through product sales, but the company also offers after-sales services and technical support to ensure customer satisfaction and long-term product performance.

Ginlong Technologies is committed to innovation and sustainability, continuously investing in research and development to improve its product offerings and maintain a competitive edge in the market.

Keywords: Solar Inverters, Renewable Energy, Sustainability, Efficiency, Residential, Commercial, Utility-Scale, Smart Grid, Remote Monitoring, Innovation.