Gasgoo Munich- According to a report by Gasgoo, Sunwoda released its 2025 annual business report on the evening of April 23, revealing a year of steady growth and record revenue. The battery maker saw significant contributions from overseas markets, while its diversified operations demonstrated strong resilience.
Image Source: Sunwoda
Key operating figures show revenue climbed to 63.25 billion yuan in 2025 — a 12.9% annual increase that set a new record. Overseas markets accounted for 38.64% of that total, underscoring the payoff from Sunwoda's global expansion as a key driver of growth. Profitability and cash flow remained solid: net income attributable to shareholders came in at 1.06 billion yuan, while net profit excluding non-recurring items hit 533 million yuan. Operating cash flow stood at 3.63 billion yuan, with total assets swelling to 108.07 billion yuan by year-end, signaling a simultaneous boost in operational quality and scale.
Sunwoda is refining its business mix as its core divisions gain traction. Consumer batteries remained the bedrock, generating 31.41 billion yuan in revenue — nearly half the total at 49.66%. Meanwhile, the electric vehicle and energy storage businesses are scaling up quickly, bringing in 18.91 billion yuan and 2.31 billion yuan, respectively. That sustained momentum in new energy is helping drive an upgrade in the company's industrial structure.
The company is accelerating its global footprint to underpin overseas sales. Construction has begun on a consumer battery cell plant in Vietnam, while the first phase of a power battery facility in Thailand has entered production. Domestically, industrial parks in Pujiang, Zhejiang, and Tengzhou, Shandong, have opened or completed construction. Partnering with Guangming Jianfa to establish a power battery headquarters and R&D center, Sunwoda is rounding out its domestic and international capacity matrix to meet overseas demand.
Heavy investment in R&D is bolstering the company's competitive edge. Sunwoda poured 4.38 billion yuan into research and development in 2025, representing an R&D ratio of 6.92%. That spending yielded multiple technological breakthroughs in fast charging, solid-state batteries, and energy storage cells, cementing the market position of its core products.
Looking ahead, Sunwoda plans to deepen its presence in both domestic and international markets. By leveraging its strengths in technology and production capacity, the company aims to drive high-quality growth across all business lines.
