GoodWe Technologies Co

GoodWe Technologies Co Gross Margin

The Gross Margin of GoodWe Technologies Co (688390.SS) as of Oct 19, 2026 is 1.39 %. In the previous year, Gross Margin was 19.43 % — a change of -92.84% (lower).

Gross Margin

1.39 %

YoY

-92.84%

Last updated:

Gross Margin of GoodWe Technologies Co is 2025 1.39 % . Gross Margin of GoodWe Technologies Co was 2024 19.43 % . It decreases by -92.84% lower compared to the previous year.

For GoodWe Technologies Co, the gross margin of 1.4% is down versus 31.0% a few years ago.

The GoodWe Technologies Co Gross Margin history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Gross Margin
Date
Gross Margin
Jan 1, 2018
32.37 CNY
Jan 1, 2019
40.37 CNY
Jan 1, 2020
37.14 CNY
Jan 1, 2021
30.97 CNY
Jan 1, 2022
31.85 CNY
Jan 1, 2023
29.36 CNY
Jan 1, 2024
19.43 CNY
Jan 1, 2025
1.39 CNY
The GoodWe Technologies Co Gross Margin history
YEARGross MarginYoY
1.39 %-92.84%
19.43 %-33.84%
29.36 %-7.82%
31.85 %+2.86%
30.97 %-16.61%
37.14 %-8.01%
40.37 %+24.72%
32.37 %-3.55%
33.56 %-3.33%
34.72 %-3.43%
35.95 %-11.00%
40.40 %+17,628.09%
0.23 %—

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GoodWe Technologies Co Stock analysis

What does GoodWe Technologies Co do? GoodWe Technologies Co Ltd, trading under the ticker symbol 688390.SS and identified by the ISIN CNE100004363, is a prominent entity within the Chinese industrial sector, specifically categorized under electrical equipment. Headquartered in Suzhou, Jiangsu province, the company has established itself as a significant manufacturer and seller of solar inverters and related energy solutions. As of the latest available data, GoodWe employs a workforce of 3,330 full-time staff members, reflecting its substantial operational scale and commitment to research and development in the renewable energy space. The company officially entered the public markets through an initial public offering on September 4, 2020, marking a pivotal moment in its corporate history and allowing for broader capital access to support its global expansion strategies. GoodWe’s product portfolio is diverse and tailored to meet the evolving needs of modern energy consumption. The core offerings include photovoltaic grid-connected inverters, which are essential for converting solar energy into usable electricity for the power grid, and photovoltaic energy storage inverters that enable energy retention for later use. Additionally, the company provides smart data collectors and sophisticated smart energy management systems (SEMS), which optimize energy usage and provide users with detailed insights into their consumption patterns. Beyond hardware, GoodWe delivers comprehensive total solutions designed for various sectors, including residential homes, industrial facilities, commercial buildings, and ground-mounted power stations. These solutions often integrate smart energy management capabilities, ensuring efficient and sustainable power distribution. The company operates with a dual-market focus, serving both domestic and international customers. While it maintains a strong presence in the China market, GoodWe has successfully expanded its reach to numerous overseas territories. Its global footprint includes key markets such as Germany, Italy, Australia, South Korea, the Netherlands, India, Belgium, Turkey, Mexico, and Brazil. This international diversification underscores the company’s ability to adapt its products and services to different regulatory environments and consumer preferences across continents. By combining advanced technological solutions with a broad geographic presence, GoodWe Technologies Co Ltd continues to play a vital role in the global transition toward renewable energy sources. The company’s website, https://www.goodwe.com/, serves as a central hub for information regarding its products, services, and corporate updates, providing stakeholders and customers with direct access to its latest developments in the electrical equipment industry. GoodWe Technologies Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about GoodWe Technologies Co stock

Gross Margin of GoodWe Technologies Co is 1.39 % in 2025.

Gross Margin of GoodWe Technologies Co changed from 19.43 % to 1.39 %, representing a -92.84% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Gross Margin GoodWe Technologies Co since 2006 – with annual values, charts, and detailed analysis.

Gross Margin measures the percentage of revenue remaining after COGS. Higher gross margins indicate more efficient production and stronger pricing power.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Gross Margin's GoodWe Technologies Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Gross Margin's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Gross Margin.

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