EVE Energy H1 Net Profit Expected to Exceed 3.3 Billion Yuan

Edited by Taylor From Gasgoo
Main productsPower Batteries Lithium iron phosphate (LFP) batteries (prismatic/large cylindrical), ternary lithium batteries (prismatic/pouch), large cylindrical batteries Battery cells, battery modules, BMS (Battery Management Systems), battery packs
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers

Gasgoo Munich-EVE Energy recently released its performance preview for the first half of 2026. The company forecasts net profit attributable to shareholders will be between 3.13 billion yuan and 3.37 billion yuan, an increase of 95% to 110% from a year earlier. Excluding non-recurring items, net income is projected to reach 2.43 billion yuan to 2.60 billion yuan, rising 110% to 125%.

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Image source: Company announcement screenshot

EVE Energy attributes the increase to continuous product iteration and service upgrades, which enabled it to seize market opportunities and drive expansion. Revenue rose approximately 60% during the period. Even as supply chain costs increased, the company maintained effective management. By diversifying suppliers, planning strategic procurement, and using financial tools prudently, EVE Energy effectively absorbed material cost volatility and maintained core business profitability.

Data shows first-quarter revenue reached 20.68 billion yuan, an annual increase of 61.61%, while net profit attributable to shareholders reached 1.45 billion yuan, up 31.35%. This places second-quarter net profit at an estimated 1.68 billion yuan to 1.93 billion yuan, a sequential increase of 16.46% to 33.13%.

Regarding shipments, EVE Energy shipped 14.34 GWh of power batteries in the first quarter, up 40.93%, while energy storage battery shipments reached 20.38 GWh, increasing 60.82%.

EVE EnergySupplierCompany Insights
Location: China/Guangdong/Huizhou/Huicheng District
Main productsPower Batteries Lithium iron phosphate (LFP) batteries (prismatic/large cylindrical), ternary lithium batteries (prismatic/pouch), large cylindrical batteries Battery cells, battery modules, BMS (Battery Management Systems), battery packs
IncreaseSupplierCompany Insights
Location: China/Guangdong/Shenzhen/Nanshan District
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers

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