OverviewSuggest Edit

LONGi Group (隆基绿能科技, also known as LONGi Green Energy Technology, formerly Xi'an LONGi Silicon Materials) is a manufacturer of monocrystalline solar modules and wafers for the photovoltaic industry. It offers P-type and N-type silicon wafer, monofacial and bifacial modules, LONGi ROOF, PARK, BRIGHT, and eHOME building solutions, and alkaline water electrolysis hydrogen production and storage equipment. The company also developed and manages solar power projects.
TypePublic
Founded2000
HQXian, CN
Websitelongi.com

Latest Updates

Employees (est.) (Apr 2022)46,631
Job Openings6,870
Revenue (FY, 2020)¥54.3 B(+66%)
Share Price (May 2022)¥76.7(+3%)
Cybersecurity ratingDMore
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Key People/Management at LONGi Group

Baoshen Zhong

Baoshen Zhong

Chairman
Zhenguo Li

Zhenguo Li

Founder and President
Wenxue Li

Wenxue Li

Vice President
John Lv

John Lv

Vice President
Tian Xie

Tian Xie

Vice President Operation
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LONGi Group Office Locations

LONGi Group has offices in Xian, Shanghai, San Ramon, North Sydney and in 3 other locations
Xian, CN (HQ)
No.8369 Shang Yuan Road, Economic And Technological Development Zone
Shanghai, CN
19th floor, Tower 3, Lujiazui Financial Plaza, Century Avenue 826
North Sydney, AU
level 8/124 Walker St
Frankfurt am Main, DE
Bockenheimer Landstraße 51-53
Tokyo, JP
Asahi Seimei Otemachi Bldg., 2-chōme-6-1 Ōtemachi
Kuching, MY
Lot 2118, Jalan Usaha Jaya, Sama Jaya Free Industrial Zone
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LONGi Group Financials and Metrics

LONGi Group Revenue

LONGi Group's revenue was reported to be ¥54.3 b in FY, 2020
CNY

Revenue (Q3, 2021)

21.0b

Gross profit (Q3, 2021)

3.9b

Net income (Q3, 2021)

2.6b

EBITDA (Q3, 2021)

927.7m

EBIT (Q3, 2021)

2.7b

Market capitalization (20-May-2022)

415.1b

Closing stock price (20-May-2022)

76.7

Cash (30-Sept-2021)

24.4b

EV

415.5b
LONGi Group's current market capitalization is ¥415.1 b.
Annual
CNYFY, 2018FY, 2019FY, 2020

Revenue

21.9b32.7b54.3b

Cost of goods sold

(17.1b)(23.4b)(41.1b)

Gross profit

4.8b9.3b13.2b

R&D expense

(201.8m)(304.2m)(499.1m)
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

5.7b8.4b8.6b8.6b11.5b13.6b15.8b19.1b21.0b

Cost of goods sold

(4.4b)(6.0b)(6.0b)(5.9b)(8.4b)(10.2b)(12.2b)(14.9b)(17.1b)

Gross profit

1.3b2.3b2.5b2.7b3.1b3.5b3.6b4.2b3.9b

R&D expense

(56.2m)(60.8m)(80.6m)(76.5m)(109.8m)(133.6m)(149.6m)(204.7m)(255.5m)
Annual
CNYFY, 2018FY, 2019FY, 2020

Cash

7.7b19.3b27.0b

Accounts Receivable

4.4b3.8b7.3b

Prepaid Expenses

608.7m1.0b1.9b

Inventories

4.3b6.4b11.5b
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

8.4b14.5b16.5b18.1b18.7b24.6b22.5b21.6b24.4b

Accounts Receivable

3.9b4.8b3.8b3.3b6.0b5.9b8.3b9.3b8.7b

Prepaid Expenses

1.1b1.2b1.4b1.2b1.3b1.0b4.7b4.2b5.7b

Inventories

5.1b5.5b6.0b8.0b8.6b10.6b15.2b17.5b20.0b
Annual
CNYFY, 2018FY, 2019FY, 2020

Net Income

2.6b5.6b8.7b

Depreciation and Amortization

1.1b1.4b2.0b

Inventories

(1.9b)(2.4b)(4.6b)

Accounts Payable

3.2b4.8b8.1b
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

2.1b4.2b5.0b

Depreciation and Amortization

653.0m854.9m1.4b

Inventories

(1.2b)(2.4b)(6.2b)

Accounts Payable

3.9b2.8b5.1b
CNYFY, 2018

Revenue/Employee

1.0m
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LONGi Group Operating Metrics

FY, 2017FY, 2018FY, 2019

Patents Issued

260526702

Mono Cells and Modules Shipped, MW

4.7 k7.07 k

Mono Modules Produced, MW

4.53 k7.28 k

Wafers Produced, pieces

2.2 b6.48 b
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LONGi Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Baoshan LONGi
Cao-Country Lezhao
Chuxiong
Chuzhou LONGi Solar
Clean Energy
Datong Clean Energy
Datong LONGi Solar
Guangling Clean Energy
Hami Liurui
Hami Liuyang
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LONGi Group Revenue Breakdown

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LONGi Group revenue breakdown by business segment: 28.4% from SILICON SINGLE CRYSTAL RODS AND SILICON WAFERS, 66.4% from SOLAR MODULES AND BATTERIES and 5.2% from Other

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LONGi Group Cybersecurity Score

Cybersecurity ratingPremium dataset

D

60/100

SecurityScorecard logo

LONGi Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

LONGi Group Online and Social Media Presence

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LONGi Group News and Updates

LONGi provides full-scenario protection, safeguarding lifecycle reliability

With the technical expertise it has accumulated over the past two decades, LONGi is able to fully commit to providing full scenario product protection, ensuring reliability under all application scenarios. Based on the company’s brand concept of 'customer value first', 'LONGi Lifecycle Quality' was …

LONGi issues its first White Paper on Climate Action at COP26 summit

LONGi founder and president Li Zhenguo has participated in a special company activity at COP26 in Glasgow via online video, outlining LONGi’s “Commitment and Action to Address Climate Change” and releasing the company’s first White Paper on Climate Action at the China Corporate Pavilion.

LONGi Breaks into Fortune's 2021 Future 50

Fortune recently published its 2021 Future 50, and LONGi ranked 42, topping other solar enterprises in the list.

LONGi is genuinely honoured to receive this award at SolarQuarter

LONGi is genuinely honoured to receive this award at SolarQuarter prestigious India Utility Solar Week Leadership 2021 Awards ceremony in the Company of the Year: Module category.

LONGi has recently completed 1,470.56 kWp solar system for Toyota Boshoku Group – a world’s premium automobile interior system manufacturer.

LONGi’s Hi-MO 4 is selected for the project, the 166mm-wafer solar module is a perfect fit to maximize system yield while reducing execution time due to its light weight and compatibility for rooftop solar applications. Toyota Boshoku Group has a mandate to reduce 2% CO2 emission every year. With th…

LONGi calls for creation of long-term value in the PV industry

The 2021 edition of the China Photovoltaic Industry Association’s annual conference and photovoltaic innovation development summit has just taken place in Chuzhou, in the country’s Anhui Province. With LONGi one of the main organizers of the event, its chairman, Zhong Baoshen, participated in a “Pho…
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LONGi Group Frequently Asked Questions

  • When was LONGi Group founded?

    LONGi Group was founded in 2000.

  • Who are LONGi Group key executives?

    LONGi Group's key executives are Baoshen Zhong, Zhenguo Li and Wenxue Li.

  • How many employees does LONGi Group have?

    LONGi Group has 46,631 employees.

  • What is LONGi Group revenue?

    Latest LONGi Group annual revenue is ¥54.3 b.

  • What is LONGi Group revenue per employee?

    Latest LONGi Group revenue per employee is ¥1.2 m.

  • Who are LONGi Group competitors?

    Competitors of LONGi Group include Contemporary Amperex Technology, Silfab Solar and Sunrun Solar.

  • Where is LONGi Group headquarters?

    LONGi Group headquarters is located at No.8369 Shang Yuan Road, Economic And Technological Development Zone, Xian.

  • Where are LONGi Group offices?

    LONGi Group has offices in Xian, Shanghai, San Ramon, North Sydney and in 3 other locations.

  • How many offices does LONGi Group have?

    LONGi Group has 7 offices.