/PRNewswire/ — Shanghai Electric (SEHK: 02727, SSE: 601727) announced its 2025 results, reporting revenue of RMB 126.68 billion (US$18.58 billion), up 9.03% year-on-year. Net profit attributable to shareholders of the listed company reached RMB 1,206 million (US$176.92 million), an increase of 60.37% year-on-year. The total value of new orders received during the year amounted to RMB 172.81 billion (US$25.35 billion), up 12.50% from the previous year, reaching an all-time high.
At its annual results presentation held on April 2 in Hong Kong, Shanghai Electric presented the company’s 2025 performance and key financial data, while engaging with a wide range of institutional investors and analysts about business developments and future plans. The company delivered strong performance across its key operating metrics in 2025, with notable improvements in overall business quality, driven by advances in new orders, technological innovation and cross-segment synergies.
Strong growth in profitability, new orders and segment revenues
In 2025, Shanghai Electric made crucial breakthroughs in emerging sectors, accelerated the execution and deployment of independent innovations in high-end manufacturing, and continued to deepen its presence in the global market.
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 stood at RMB 0.078, a significant increase of 62.50%.
The power equipment segment generated revenue of RMB 75.02 billion (US$11.01 billion), up 21.48% year-on-year, further consolidating its leadership position in the sector.
Significant growth was achieved in high-growth business sectors:
- Wind energy equipment orders reached RMB 22.966 million (+32.18%, US$3.37 billion)
- Nuclear energy equipment orders amounted to RMB 9.888 billion (+25.37%, US$1.45 billion).
- Orders for gas power generation equipment totaled RMB 3.095 million (+33.35%, US$454.04 million).
- Power plant service orders reached RMB 7.312 billion (+45.28%, US$1.07 billion).
Strengthening innovation capabilities and advances in emerging sectors
Shanghai Electric has made significant technological breakthroughs in new areas such as green methanol, green hydrogen, energy storage and superconducting energy, constantly improving its level of technological independence.
In high-end manufacturing, self-developed innovative products such as humanoid robots, industrial machine tools and precision bearings are accelerating their market application, further strengthening the company’s core capabilities in this sector.
With R&D expenditures set to reach RMB 6,164 million (US$904.26 million) in 2025, Shanghai Electric’s sustained high investment in R&D continues to underpin technological innovation and product improvements.
Drive industrial optimization and presence in the global market
In response to investor inquiries on the deployment of its robotic system, the development of its aviation equipment business, nuclear power equipment exports, bidding prospects for coal-fired power plants and gas turbine exports, Shanghai Electric reaffirmed its commitment to further strengthen its position in the power equipment sector, improve the operational efficiency of industrial equipment and expand its integrated service capabilities globally.
- Traditional energy: Strengthen the regulatory capacity of the electrical grid and drive improvements towards the reduction of carbon emissions, while accelerating the deployment of nuclear energy and nuclear fusion technologies.
- High-end manufacturing: Expand the development of robotics, aerospace equipment and advanced machine tools, with a focus on advances in key technologies.
- International growth: consolidate its presence in foreign markets and improve its capabilities in desalination, energy transmission and distribution, and energy equipment.
Execute 2026 priorities through innovation and digital transformation
In 2026, Shanghai Electric will continue to strengthen its core competitiveness with technological innovation as the driving force, digital transformation as the main strategic direction, and green development as the foundation, to drive high-end improvements in traditional industries, expand emerging strategic sectors, and take forward-looking measures in future industries.
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