Growatt Technology IPO: Valuation First Look

IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

Growatt Technology / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/growatt-technology" target="_blank" data-smartkarma-citation="entities:36103:1" rel="noopener">Growatt Technology (1833969D CH)</a>, a leading PV inverters manufacturer, will seek a listing hearing for a US$1 billion HKEx IPO in October, according to press reports.</li>
<li>According to Frost &amp; Sullivan, in 2021, Growatt was the third-largest player in the global PV inverter market with a 6.8% market share in shipments. </li>
<li>The key elements of the bull case rest on a large market, improving sector market sentiment, and sector-leading revenue growth and profitability.</li>
</ul>



Growatt Technology (1833969D CH), a leading PV inverters manufacturer, will seek a listing hearing for a US$1 billion HKEx IPO in October, according to press reports.
According to Frost &amp; Sullivan, in 2021, Growatt was the third-largest player in the global PV inverter market with a 6.8% market share in shipments. 
The key elements of the bull case rest on a large market, improving sector market sentiment, and sector-leading revenue growth and profitability.


Growatt Technology

Growatt Technology IPO: The Bull Case