51.13
-3.53%
Close of 9 Nov 2026, in CNY
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About GoodWe Technologies Co
Its shares trade on Shanghai under the ticker 688390.SS. It has been listed since 4 September 2020. In the fiscal year to 31 December 2025, it reported revenue of CN¥8.89bn and net income of CN¥136.1m. At that date it held total assets of CN¥9.42bn and shareholders' equity of CN¥2.86bn.
Jiangsu Goodwe Power Supply Technology Co., Ltd. manufactures and sells solar inverters. The company is headquartered in Suzhou, Jiangsu. The company went IPO on 2020-09-04. The firm also provides total solutions such as smart energy management for homes, industrial and commercial users and ground power stations. The firm's products include photovoltaic grid-connected inverters, photovoltaic energy storage inverters, smart data collectors and smart energy management systems (SEMS). The firm conducts its businesses within the China market and to overseas markets such as Germany, Italy, Australia, South Korea, the Netherlands, India, Belgium, Turkey, Mexico and Brazil.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Electrical Equipment
- Listed since
- 4 Sept 2020
- Employees
- 3,330
- Website
- goodwe.com ↗
Leadership
Pay as last reported
- Mr. Min HuangChairman of the Board, General Manager, since 2010CN¥1.0m
- Mr. Jinli DouChief Financial OfficerCN¥802,500
- Mr. Yinchao WangGeneral Counsel, Secretary of the BoardCN¥1.3m
- Mr. Qian HuGeneral Manager - Smart Energy Division, Director, since 2020CN¥1.1m
- Mr. Gang FangDeputy General Manager, Director, since 2017CN¥1.0m
- Mr. Jinjun LuDeputy General Manager - Smart Energy Division, Director, since 2018CN¥897,300
- Ms. Yingdi BaoDirector of Management CenterCN¥997,100
- Mr. Bangfu HuangTechnical Expert - After-sales Service UnitCN¥789,100
- Mr. Wulei WangGeneral Manager - Optoelectronic Building Materials DivisionCN¥1.3m
- Mr. Nan XuDirector of the Procurement CenterCN¥860,300
- Ms. Fang LuIndependent DirectorCN¥84,000
- Ms. Xiaoying MaoIndependent DirectorCN¥36,300
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 85
- Environment
- 99
- Social
- 99
- Governance
- 57
- Direct emissions (scope 1)
- 1,522.98 t
- Energy emissions (scope 2)
- 24,210.11 t
- Value chain emissions (scope 3)
- 3,701,815.56 t
- Women in the workforce
- 37.57%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- GoodWe Technologies Co Ltd employs 3,330 full-time employees in Suzhou, China.
- The company provides photovoltaic grid-connected inverters and energy storage inverters in China and overseas markets.
- GoodWe offers smart energy management systems (SEMS) for homes, industrial, and commercial users.
Weaknesses
- GoodWe's business is primarily focused on the China market with limited international presence.
- The company's products are limited to solar inverters and energy management systems without diversification.
- GoodWe's overseas markets include Germany, Italy, Australia, and South Korea but lack broader global reach.
Opportunities
- Expanding into new markets such as India, Belgium, Turkey, Mexico, and Brazil offers growth potential.
- The global demand for photovoltaic grid-connected inverters continues to rise steadily.
- Increasing adoption of smart energy management systems (SEMS) in industrial and commercial sectors presents opportunities.
Threats
- Competition from established players in the solar inverter market could impact market share.
- Economic downturns in key markets like Germany and Italy may reduce demand for solar products.
- Regulatory changes in countries such as Australia and South Korea could affect operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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