en.Wedoany.com Reported - Deye Stock (605117.SH) released its semi-annual performance forecast for 2026, indicating a significant surge in first-half profits driven by the booming global energy storage market, reaching a record high for the same period.
According to the announcement, from January to June 2026, the company expects to achieve net profit attributable to shareholders of between 2.668 billion yuan and 2.728 billion yuan, an increase of 1.146 billion yuan to 1.206 billion yuan compared to 1.522 billion yuan in the same period last year, representing a year-on-year growth of 75.28% to 79.22%. The non-recurring profit and loss-adjusted net profit is expected to range from 2.493 billion yuan to 2.553 billion yuan, a year-on-year increase of 70.56% to 74.67%.
In terms of quarterly performance, the company's net profit attributable to shareholders in the first quarter was 1.188 billion yuan. Based on this, the estimated profit for the second quarter is approximately 1.48 billion yuan to 1.54 billion yuan, a sequential increase of 24% to 29%, and a year-on-year increase of 81.15% to 88.49%, setting a new historical high for a single quarter.
Compared to the full-year performance in 2025, Deye Stock achieved a net profit attributable to shareholders of 3.171 billion yuan, while the estimated net profit for the first half of 2026 is already approaching last year's total. The company stated that the sustained strong demand in the overseas energy storage market is the core driver behind the significant profit growth. Currently, international oil and gas prices are increasingly volatile, extreme weather has caused power supply gaps in many regions, and countries worldwide are accelerating the introduction of energy security policies and energy storage subsidies. Orders for residential and commercial energy storage in Europe, the Middle East, and Southeast Asia have been released intensively. The company has seized the window of opportunity in the industry, with overseas product sales continuing to ramp up, directly driving a significant increase in operating performance.
According to data from the General Administration of Customs of China, from January to May 2026, China's total inverter export value reached 29.9 billion yuan, a year-on-year increase of 25%. Among this, exports to Europe totaled 11.4 billion yuan, up 23% year-on-year; exports to Oceania totaled 2.2 billion yuan, up 201% year-on-year; exports to Asia totaled 10.4 billion yuan, up 21% year-on-year; and exports to Africa totaled 2.7 billion yuan, up 43% year-on-year.
