Industry Sales:

• Photovoltaic modules: approx. 70%
• Solar cells: approx. 20%
• Other renewable energy solutions: approx. 10%

TOP 3 Markets:

• China: approx. 55%
• Europe: approx. 25%
• USA: approx. 15%

Shanghai Aiko Solar Energy Co., Ltd. generates the majority of its sales through the sale of photovoltaic modules, which are in high demand in the solar energy industry. The Chinese market is the largest buyer, driven by strong domestic demand for renewable energies. Europe and the USA follow as significant markets benefiting from the increasing transition to sustainable energy sources.

Production Sites:

• Zhejiang, China
• Guangdong, China
• Anhui, China

Shanghai Aiko Solar Energy Co., Ltd. is a leading manufacturer of solar cells and modules in China. The company operates multiple production facilities in the provinces of Zhejiang, Guangdong, and Anhui. These locations are strategically chosen to both maximize production capacity and minimize logistical costs. The proximity to key supply chains and transportation routes enables the company to produce efficiently and offer its products in both domestic and international markets.

Revenue Growth: Estimated 18% (2024)

Investment in Research and Development: 10% of revenue (2024)

Shanghai Aiko Solar Energy Co., Ltd. pursues a growth strategy that strongly focuses on technological innovation and efficiency improvement. The company invests significantly in research and development to further enhance its solar technology and reduce production costs. These investments account for about 10% of revenue, indicating a strong commitment to innovation.

In addition, Aiko Solar is expanding into international markets to strengthen its global presence. This expansion is supported by strategic partnerships and joint ventures that facilitate access to new markets and expand distribution networks.

Another focus is on increasing production capacities through the construction of new factories and the modernization of existing facilities. This enables the company to meet the increasing demand for solar modules while leveraging economies of scale to offer competitive prices.

Main raw materials: Silicon, Aluminum, Silver

Import countries: China, Germany, Japan, USA

Shanghai Aiko Solar Energy Co., Ltd. is a leading manufacturer of solar cells and modules. For the production of solar modules, silicon, aluminum, and silver are particularly crucial.

Silicon is often imported from China due to its large production capacities there. Aluminum is also sourced from China, but also from countries like Germany and Japan, known for their high-quality aluminum products. Silver, which is needed for conductivity in solar cells, is often imported from the USA, as they have significant silver reserves and a strong mining industry.

These raw materials are essential for the production of efficient and durable solar modules that meet international standards.

Market share: 8% (2024, estimated)
Research & Development expenses: 5% of revenue (2024)
Production capacity: 15 GW (2024)

Shanghai Aiko Solar Energy Co., Ltd. has established itself as a significant player in the solar energy industry. The company holds an estimated market share of 8% and is known for its advanced technologies in solar cell production.

A key competitive advantage of Aiko Solar lies in its high production capacity of 15 GW, which enables the company to fulfill large orders and leverage economies of scale. Furthermore, Aiko Solar continuously invests in research and development, with approximately 5% of revenue allocated to this area to drive technological innovations and enhance the efficiency of its products.

Aiko Solar's competitive advantage is supported by its strong focus on technological innovation and production efficiency. These factors allow the company to compete in a fiercely competitive market and further strengthen its position.

Institutional Investor Share: 45% (estimated for 2025)
Insider Buys/Sells: No significant insider transactions in the last year (2024)

The institutional investor share in Shanghai Aiko Solar Energy Co., Ltd. is estimated to be around 45%. This demonstrates a strong confidence from institutional investors in the company and its future development.

In 2024, there were no significant insider buys or sells, indicating a stable trust from management in the current company strategy and performance. However, such transactions could occur in the future, depending on the company's development and market conditions.

Market share of Shanghai Aiko Solar Energy Co., Ltd.: 7% (2025, estimated)

Top competitors and their market shares:

1. LONGi Green Energy Technology Co., Ltd.: 18%
2. JinkoSolar Holding Co., Ltd.: 15%
3. Trina Solar Limited: 12%
4. JA Solar Technology Co., Ltd.: 10%
5. Canadian Solar Inc.: 9%
6. Shanghai Aiko Solar Energy Co., Ltd.: 7%
7. Risen Energy Co., Ltd.: 6%
8. First Solar, Inc.: 5%
9. Hanwha Q CELLS Co., Ltd.: 4%
10. GCL-Poly Energy Holdings Limited: 3%

Moat of Shanghai Aiko Solar Energy Co., Ltd.:

Shanghai Aiko Solar Energy Co., Ltd. has gained a certain competitive advantage through innovative cell technologies and efficient production processes. The company's moat is mainly based on technological innovations and a strong R&D department that continuously works on improving the efficiency of solar cells.

Compared to leading companies like LONGi Green Energy and JinkoSolar, which have larger production capacities and a broader global distribution network, Aiko Solar's moat is less pronounced. These competitors have a significant advantage due to their size and market presence, especially in terms of scale efficiency and global reach.

However, Aiko Solar could strengthen its market position and deepen its moat through further technological breakthroughs and strategic partnerships. Currently, the competitive advantage compared to industry leaders is considered moderate.

Revenue Growth: 18% (2024) Profit Growth: 16% (2024) Market Share in the Solar Industry: 5% (2024)

Shanghai Aiko Solar Energy Co., Ltd. recorded strong revenue growth of 18% in 2024. This reflects the increasing demand for solar technologies, especially in Asia and Europe, where the company has expanded its presence.

The 16% profit growth in the same period shows that the company is not only able to increase its revenues but also to operate efficiently and control its costs. This efficiency is particularly important in the highly competitive solar industry.

With a market share of 5%, Aiko Solar positions itself as one of the significant players in the global solar industry. Continuous investments in research and development as well as expansion into new markets could further increase growth potential.

Overall, the strong financial growth and strategic market position suggest that the stock of Shanghai Aiko Solar Energy Co., Ltd. could be an attractive investment, especially for investors interested in the long-term development of the solar energy sector.

Dividend payment: No dividend (2025)

Shanghai Aiko Solar Energy Co., Ltd. did not distribute any dividends in 2025. The company has not made regular dividend payments in recent years, indicating that it may be reinvesting its profits to finance growth and expansion.

Being active in the solar energy industry, the company could be investing its financial resources in research and development as well as expanding its production capacity. This is typical for companies in growth industries looking to strengthen their market position.