/PRNewswire/ — Shanghai Electric (SEHK: 02727, SSE: (601727) announced its 2025 financial results, reporting revenue of RMB 126.68 billion (USD 18.58 billion), up 9.03% year-on-year. Net profit attributable to shareholders of the listed company was RMB 1.206 billion (US$176.92 million), up 60.37% year-on-year. The total value of new orders received during the year was RMB 172.81 billion (US$25.35 billion), up 12.50% year-on-year, setting a new record.
At the annual results presentation held in Hong Kong on April 2, Shanghai Electric presented the company’s 2025 performance and key financial data and discussed business developments and future plans with a large number of institutional investors and analysts. The company delivered solid performance across all key operating metrics in 2025, with overall business quality improving significantly, driven by breakthroughs in order intake, technological innovation and synergies across segments.
Strong growth in profitability, order intake and segment sales
In 2025, Shanghai Electric made significant breakthroughs in emerging sectors, accelerated the implementation and deployment of independent innovations in high-end manufacturing, and further expanded its global market presence.
The group’s total operating profit reached RMB 5.02 billion (US$736.73 million), up 34.28% year-on-year. Basic earnings per share were RMB 0.078, a significant increase of 62.50%.
The power equipment segment achieved revenue of RMB75.02 billion (US$11.01 billion), up 21.48% year-on-year, solidifying its leading position in the industry.
Significant growth was achieved in the high-growth business areas:
- Wind turbine orders reached RMB 22.966 billion (+32.18%, USD 3.37 billion);
- nuclear power orders totaled RMB 9.888 billion (+25.37%, USD 1.45 billion);
- gas power plant equipment orders amounted to RMB 3.095 billion (+33.35%, USD 454.04 million);
- Power plant services orders were RMB 7.312 billion (+45.28%, USD 1.07 billion).
Strengthened ability to innovate and make breakthroughs in emerging sectors
Shanghai Electric has made significant technological breakthroughs in new areas, including green methanol, green hydrogen, energy storage and superconducting energy, steadily improving its technological independence.
In the area of high-end manufacturing, self-developed innovative products such as humanoid robots, industrial machine tools and precision bearings accelerate market launch and further strengthen the company’s core competencies in this sector.
With research and development expenditure of RMB 6.164 billion (US$904.26 million) in 2025, Shanghai Electric’s continued high investment in R&D continues to underpin technological innovation and product improvements.
Promoting industrial optimization and global market presence
In response to investor inquiries regarding robotics deployment, aviation equipment business development, nuclear power equipment exports, coal power tender prospects and gas turbine exports, Shanghai Electric reiterated its commitment to further strengthen its position in power equipment, improve the operational efficiency of industrial equipment and expand its global integrated service capabilities.
- Traditional energy: strengthening grid regulatory capabilities and promoting carbon reduction measures while accelerating the technical deployment of nuclear power and nuclear fusion technologies.
- High-End Manufacturing: Expanding development of robotics, aerospace equipment, and advanced machine tools with a focus on breakthroughs in key core technologies.
- Overseas growth: Deepening presence in overseas markets while improving capabilities in seawater desalination, power transmission and distribution, and energy equipment.
Implementing 2026 priorities through innovation and digital transformation
In 2026, Shanghai Electric will further strengthen its core competitiveness, with technological innovation as the main driver, digital transformation as the main strategic direction, and green development as the foundation, to drive high-quality upgrading in traditional industries, expand strategic emerging sectors, and take forward-looking steps in future industries.
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