SINEXCEL Recognized Again in Forbes Asia's 'Best Under A Billion' List for 2026

SINEXCEL's Remarkable Recognition in Forbes Asia's 2026 List



SINEXCEL, a prominent global provider of energy storage solutions, electric vehicle charging technology, power quality, and uninterruptible power supply systems for AI data centers, has been honored as one of the 'Best Under A Billion' companies by Forbes Asia for the second consecutive time, having previously received this accolade in 2023. This listing was published in the August 2026 issue of Forbes Asia and features 200 companies selected from over 19,000 entities across the Asia-Pacific region that have annual revenues between $10 million and $1 billion.

The selection criteria for this prestigious list are rigorous. They evaluate companies based on various financial metrics, including debt levels, revenue, and earnings growth per share over one and three years, as well as return on equity and return on invested capital. Additionally, qualitative aspects such as corporate governance, accounting practices, environmental responsibility, and management integrity are also taken into account, emphasizing the importance of sustainable performance and ethical business practices.

SINEXCEL is among 28 Chinese firms recognized in this year’s roundup, celebrated for its solid financial health and sustainable growth strategies. The company has demonstrated a robust business momentum, achieving an average annual growth rate (CAGR) of 35.05% in total revenue and 35.04% for net profits attributable to its parent company over a five-year period. Its return on equity (ROE) and return on invested capital (ROIC) have consistently exceeded 20%.

From 2019 to 2025, SINEXCEL has invested more than $176 million in research and development (approximately 157 million euros), and by 2025, nearly 30% of its over 2,600 employees were technical specialists. Guided by a customer-focused approach, long-term vision, and commitment to quality growth, SINEXCEL continually refines its management practices to strengthen its market competitiveness and the resilience of its operations.

Global Leadership in Key Energy Technologies



Founded in 2007, SINEXCEL has established itself as a leader in energy technologies, achieving a remarkable installed energy storage capacity of 17 GW worldwide. The company has also deployed over 200,000 DC charging stations for electric vehicles and delivered active harmonic filters with a capacity of nearly 20 million amps, along with completing more than 700 power quality projects in data centers.

Moreover, in the first three quarters of 2026, BloombergNEF recognized SINEXCEL as a Tier-1 manufacturer of inverters, reinforcing its status as a key player in the sector. Beyond technological expertise, SINEXCEL is expanding its ESG governance framework. The company garnered accolades at the 2025 Brandon Hall Group Excellence in Action Awards™, winning silver for Talent Mobility and bronze for Diversity, Equity, and Inclusion.

Commitment to Global Energy Independence



The recognition by Forbes Asia underscores SINEXCEL's commitment to sustainable growth and technological excellence. The firm continues to push the boundaries of innovation within power electronics, strengthen global partnerships, and deliver reliable and efficient energy solutions, all aimed at advancing energy independence on a global scale. Through its strategic focus on innovation and quality, SINEXCEL is poised to contribute significantly to the evolving landscape of energy solutions worldwide.

Topics Energy)

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