SINEXCEL Achieves Recognition Again as One of Asia's Best Under A Billion by Forbes
SINEXCEL Named Again in Forbes Asia's Best Under A Billion
SINEXCEL, renowned for its innovative energy solutions, has made headlines once more by being selected for the prestigious "Best Under A Billion 2026" list by Forbes Asia. This recognition is a significant achievement for the company, marking its second consecutive year of inclusion, a feat that only 200 firms achieved from a pool of over 19,000 companies in the Asia-Pacific region.
Criteria for Selection
The selection process for this list is rigorous, assessing companies with annual revenues ranging from $10 million to $1 billion. Among the factors taken into account are the company's debt levels, revenue growth, earnings per share (EPS) growth over one and three years, as well as return on equity (ROE) performance over one and five years. Additionally, qualitative filters focus on corporate governance, accounting practices, environmental responsibility, and management integrity, spotlighting the firms that demonstrate robust and sustainable performance.
SINEXCEL's Financial Success
This year, SINEXCEL stood out as one of the 28 Chinese firms to secure a place in the rankings, a testament to its outstanding financial performance and sustained growth trajectory. The firm showcased an impressive five-year compound annual growth rate (CAGR) of 35.05% in revenue and 35.04% in net income attributable to its parent company's shareholders, with both ROE and return on invested capital (ROIC) exceeding 20%.
From 2019 to 2025, SINEXCEL invested more than $176 million in research and development while nearly 30% of its workforce—over 2,600 employees in 2025—comprised technical professionals. With a focus on customer-centred innovation and a long-term vision, SINEXCEL continues to optimize its management practices to enhance its market competitiveness and strengthen its business resilience.
A Leader in Energy Technology
Founded in 2007, SINEXCEL has made tremendous strides in the energy solutions sector, achieving an installed energy storage capacity of 17 GW and deploying over 200,000 electric vehicle fast chargers. The firm has delivered nearly 20 million ampere harmonic filters and managed over 700 power quality projects for data centers globally. Moreover, SINEXCEL has been recognized as a level 1 manufacturer of power inverters by BloombergNEF in the first three quarters of 2026.
Commitment to ESG Governance
In addition to technological advancement, SINEXCEL is dedicated to enhancing its Environmental, Social, and Governance (ESG) framework. At the 2025 Excellence in Action Awards™ organized by the Brandon Hall Group—which honors exceptional human resource management—the company received a silver medal in the “Promotion and Succession” category and a bronze medal in the “Diversity, Equity, and Inclusion” category.
Aiming for Global Energy Independence
This second accolade from Forbes Asia reinforces SINEXCEL's commitment to sustainable growth and technological excellence. The company remains focused on progressing innovations in power electronics, solidifying international partnerships, and providing reliable and efficient energy solutions to promote global energy independence.
Such milestones continue to position SINEXCEL as a key player in the ever-evolving energy sector, paving the way for future advancements in sustainability and efficiency that will meet the demands of the modern world.