/PRNewswire/ — Shanghai Electric (SEHK: 02727, SSE: 601727) announced its financial results for 2025. It reported revenue of RMB 126.68 billion ($18.58 billion), up 9.03% year-on-year. Net profit attributable to shareholders of the listed company reached RMB 1.206 billion (US$176.92 million), representing a year-on-year increase of 60.37%. The total value of new orders received for the whole year reached RMB 172.81 billion (US$25.35 billion), a year-on-year increase of 12.50% and a record high.
At its annual results briefing held on April 2 in Hong Kong, Shanghai Electric presented its 2025 results along with key financial data. At the same time, she held discussions with a wide range of institutional investors and analysts about business development and future plans. The company delivered solid results across all key operating metrics in 2025, with significant improvements in overall business quality driven by new order breakthroughs, technology innovation and segment synergy.
Strong growth in profitability, new orders and sales in the segment
In 2025, Shanghai Electric achieved key milestones in emerging sectors, accelerated the implementation and adoption of independent innovations in high-end manufacturing, and continued to deepen its global market presence.
The group’s total operating profit reached RMB 5.02 billion (US$736.73 million), a year-on-year increase of 34.28%. Basic earnings per share reached RMB 0.078, a significant increase of 62.50%.
The power equipment segment achieved revenue of RMB 75.02 billion (US$11.01 billion), representing a year-on-year increase of 21.48%, continuing to consolidate its leadership position in the industry.
Significant growth was achieved in the following fast-growing business sectors:
- Orders for wind power equipment reached RMB 22.966 billion (+32.18%, USD 3.37 billion);
- Nuclear power equipment orders reached RMB 9.888 billion (+25.37%, USD 1.45 billion);
- Orders for gas-fired power generation equipment reached RMB 3.095 billion (+33.35%, USD 454.04 million);
- Power plant service orders reached RMB 7.312 billion (+45.28%, USD 1.07 billion).
Enhanced innovation capacities and breakthrough discoveries in developing sectors
Shanghai Electric has achieved significant technological milestones in new fields including green methanol, green hydrogen, energy storage and superconducting energy, continuously increasing its level of technological independence.
In the area of high-end manufacturing, self-developed innovative products such as humanoid robots, industrial machine tools and precision bearings are accelerating market adoption, further strengthening the company’s core advantages in this sector.
With R&D spending reaching RMB 6.164 billion (US$904.26 million) in 2025, Shanghai Electric’s long-term high investment in R&D continues to support technological innovation and product upgrading.
Advances in industrial optimization and global market presence
In response to investors’ questions regarding the deployment of robotics, the development of business in the field of aircraft equipment, the export of nuclear power equipment, the prospect of tenders for coal-fired power plants and the export of gas turbines, Shanghai Electric confirmed its commitment to further strengthen its position in the field of power equipment, increase the operational efficiency of industrial equipment and expand its global integrated service capabilities.
- Traditional energy: strengthen grid regulation capacities and promote low-carbon upgrades while accelerating the deployment of nuclear energy and nuclear fusion technologies.
- Advanced manufacturing: expand the development of robotics, aerospace equipment, and advanced machine tools with a focus on achieving breakthroughs in key foundational technologies.
- Growth abroad: to deepen its presence in overseas markets and at the same time to strengthen capacities in the field of desalination, transmission and distribution of energy and energy equipment.
Fulfillment of priorities until 2026 through innovation and digital transformation
In 2026, Shanghai Electric will continue to enhance its competitiveness, with technological innovation as the main engine, digital transformation as the main strategic direction, and green development as the basis for promoting high-end modernization in traditional industries, expanding strategically emerging sectors, and progressing in future industries.
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