SINEXCEL recognition in Forbes Asia’s 2026 Best Under A Billion list marks the company’s second appearance, following 2023, the power-electronics company said on October 21, 2026. The Shenzhen-listed business accompanied the announcement with historical growth figures and details of its investment in energy storage, electric-vehicle charging and power-quality technology.
Key Takeaways
- SINEXCEL said it was included in the 2026 list after its first appearance in 2023.
- The company reported five-year compound annual growth of 35.05% in revenue and 35.04% in attributable net profit.
- Cumulative research and development spending exceeded $176 million during 2019–2025.
Table of Contents
- SINEXCEL recognition follows its 2023 appearance
- Historical growth figures accompany the announcement
- Deployment spans storage, charging and data centers
- Conclusion
SINEXCEL recognition follows its 2023 appearance
SINEXCEL’s announcement of its second list inclusion identifies the August 2026 edition of the unranked Best Under A Billion list. The company said it was among 28 Chinese businesses included that year.
The October announcement concerns recognition published earlier in the year, rather than a new earnings release. It does not announce a transaction, a dividend or a change to financial guidance.
| Item | Details |
|---|---|
| Energy storage | 17 gigawatts of installed capacity |
| DC EV chargers | More than 200,000 deployed |
| Active harmonic filters | Nearly 20 million amperes delivered |
| Data-center power quality | More than 700 projects worldwide |
Historical growth figures accompany the announcement
SINEXCEL reported five-year compound annual growth rates of 35.05% for revenue and 35.04% for net profit attributable to shareholders of the parent company. It also said return on equity and return on invested capital both exceeded 20%.
The announcement did not identify the precise start and end dates for those five-year growth calculations or the reporting period for the return measures. They therefore should not be treated as results for a newly reported quarter.
The research spending figure has a defined period: cumulative expenditure exceeded $176 million from 2019 through 2025. Technical professionals represented nearly 30% of more than 2,600 employees in 2025.
Deployment spans storage, charging and data centers
SINEXCEL supplies energy-storage systems, EV-charging equipment, power-quality products and critical-power solutions for AI data centers. Its reported deployment totals show the scale of those operations, but are cumulative operating measures rather than annual sales or new orders.
Conclusion
The announcement highlights SINEXCEL’s historical growth and deployment scale, not a new financial reporting period. It provides neither a new forecast nor a date for the company’s next results release.
Read More News
Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
