Eve Energy has issued a preliminary estimate indicating net profit attributable to shareholders for the first half of 2026 is expected to range from 3.13 billion yuan to 3.37 billion yuan, an increase of 95% to 110% compared to the same period last year. Adjusted for non-recurring items, net profit is forecast at 2.43 billion yuan to 2.60 billion yuan, representing growth of 110% to 125% year-on-year. The company also anticipates a roughly 60% rise in revenue, driven by product upgrades, service enhancements, and process improvements.
In the first quarter, Eve Energy reported net profit of 1.45 billion yuan. Based on that result, second-quarter profit is estimated at 1.68 billion yuan to 1.93 billion yuan, indicating sequential growth of approximately 16% to 33%.
Amid rising raw material and component costs, Eve Energy implemented supply-chain management measures, including supplier diversification, strategic procurement, and the use of financial hedging instruments. By negotiating long-term purchase agreements and hedging key commodities, the company cushioned against price volatility and maintained stable margins in its core battery businesses.
Eve Energy’s operations encompass three main segments: power batteries, energy storage batteries, and consumer batteries. In 2025, power and energy storage batteries each accounted for around 40% of total revenue, with consumer batteries contributing the remainder. According to data compiled by CNEVPost, the company’s cumulative power-battery installations reached 12.35 gigawatt-hours (GWh) by the end of May, up 27.6% compared with the prior year. Installations in May alone totaled 3.23 GWh, marking a 55% year-on-year increase. ($1 = 6.7634 yuan.)
Source: CNEVPost
