PVTIME – As at 15:00 on 27 March 2026, market capitalisation data for China’s leading photovoltaic enterprises reflects a sector defined by strong leadership and diversified valuation across the value chain. The rankings, sourced from authoritative financial platforms including Flush, East Money and Sina Finance, highlight the industry’s robust momentum, with key metrics presented in billion yuan for clarity.
Sungrow tops the rankings with a market cap of 338.659 billion yuan, consolidating its status as a leader in energy storage and inverter solutions. TBEA and LONGi follow closely behind, with valuations of 142.741 and 140.346 billion yuan respectively. This reflects their dominant roles in power transmission equipment and silicon-based PV technology. Deye, another key player, has a market cap of 118 billion yuan, which strengthens its position in the production of high-value PV modules.
Tongwei, Maxwell, JinkoSolar and China Three Gorges Renewables occupy the next tier with market caps ranging from 71.268 billion to 82.537 billion yuan. These firms cover critical segments, including polysilicon, PV equipment, and module manufacturing, thereby driving industry scale and technological advancement.
The remaining top 15 players, including Jingsheng Electric Technology, CHINT Electric, Trina Solar, Risen Energy, Flat Glass, Ginlong Solis and GoodWe, have market caps ranging from 24.835 billion to 72.915 billion yuan. Their collective valuations reflect a balanced industry structure, with large-scale integrators and specialised technology providers alike contributing to China’s global PV competitiveness.
All data has been verified via official stock exchange channels and financial portals, providing a transparent overview of the distribution of market value and growth dynamics in China’s PV sector.
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