APsystems, a China-based supplier of Module Level Power Electronics, was ranked the world’s most bankable inverter manufacturer in the 2025 Sinovoltaics Inverter Manufacturer Ranking Report. The ranking was based on the Altman Z-score, which evaluates working capital, retained earnings, EBIT, market value, and sales. APsystems, which is headquartered in Jiaxing and has operations in Austin and Amsterdam, achieved the highest score and was placed in the “Safe Zone,” indicating stability and low financial distress risk. APsystems was founded in Silicon Valley in 2010 and has shipped over 6 GW of MLPE products to more than 150 countries. By the end of 2024, APsystems had 590,000 microinverter systems installed worldwide. APsystems has maintained profitability and has preserved warranty reserves during this period. APsystems has also offered DS3, QT2, EZ1, and APstorage solutions as part of its product portfolio.