/PRNewswire/ — Shanghai Electric (SEHK: 02727, SSE: (601727) announced its full-year 2025 results, reporting revenue of 126.68 billion yuan ($18.58 billion), an increase of 9.03% year-on-year. Net profit attributable to shareholders of the listed company was 1.206 billion yuan ($176.92 million), an increase of 60.37 percent from the previous year. The total value of new orders recorded during the year was 172.81 billion yuan ($25.35 billion), an increase of 12.50 percent from the previous year, reaching a record high.
At the annual results briefing held on April 2 in Hong Kong, Shanghai Electric presented its 2025 performance and key financial data, while speaking with a wide range of institutional investors and analysts about its business developments and future plans. In 2025, the company delivered strong performance across all key operating metrics, with notable improvements in overall business quality, driven by breakthroughs in new orders, technology innovation and cross-segment synergy.
Strong growth in profitability, new orders and segment revenues
In 2025, Shanghai Electric made breakthroughs in emerging sectors, accelerated the implementation and deployment of autonomous innovations in advanced manufacturing, and continued to strengthen its presence in the global market.
The group’s total operating profit was 5.02 billion yuan ($736.73 million), an increase of 34.28 percent from the previous year. Basic earnings per share were 0.078 yuan, a significant increase of 62.50%.
The power equipment sector generated revenue of 75.02 billion yuan ($11.01 billion), an increase of 21.48 percent year-on-year, consolidating its position as the industry leader.
Significant growth was recorded in high-growth business sectors:
- Wind power equipment orders reached 22.966 billion yuan (+32.18%, or $3.37 billion);
- Nuclear equipment orders reached 9.888 billion yuan (+25.37%, or $1.45 billion);
- Orders for gas-fired power generation equipment amounted to 3.095 billion yuan (+33.35%, or $454.04 million);
- Service orders for power plants totaled 7.312 billion yuan (+45.28 percent, or $1.07 billion).
Strengthening innovation capabilities and emerging sector breakthroughs
Shanghai Electric has made significant technological breakthroughs in new fields, including green methanol, green hydrogen, energy storage and superconducting energy, steadily improving its level of technological independence.
In the high-end manufacturing sector, innovative products developed by the company itself, such as humanoid robots, industrial machine tools and precision bearings, are accelerating market applications, further strengthening the company’s core capabilities in this sector.
With research and development expenditure amounting to 6.164 billion yuan ($904.26 million) in 2025, Shanghai Electric’s sustained investment in this area continues to support technological innovation and product upgrading.
Industrial optimization and presence on the global market
In response to investors’ questions regarding the deployment of robotics, the development of aviation equipment business, nuclear power equipment exports, prospects of coal-fired power plant tenders and gas turbine exports, Shanghai Electric reaffirmed its commitment to strengthening its position in the field of power equipment, improving the operational efficiency of industrial equipment and expanding its integrated service capabilities globally.
- Traditional energy: to strengthen grid regulation capabilities and advance low-carbon technologies, while accelerating the technical deployment of nuclear energy and nuclear fusion technologies.
- High-End Manufacturing: To intensify the development of advanced robotics, aerospace equipment, and machine tools, with a focus on achieving breakthroughs in critical core technologies.
- Overseas Growth: To strengthen its presence in overseas markets while enhancing its capabilities in the areas of desalination, power transmission and distribution, and energy equipment.
Executing 2026 Priorities Through Innovation and Digital Transformation
In 2026, Shanghai Electric will continue to improve its core competitiveness with technological innovation as the main driving force, digital transformation as the main strategic direction and green development as the foundation, so as to pursue high-end improvements in traditional industries, intensify strategic emerging sectors and take forward-looking measures in future industries.
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