/PRNewswire/ – Shanghai Electric (SEHK: 02727, SSE: 601727) announced its 2025 results, reporting revenue of RMB 126.68 billion ($18.58 billion), up 9.03% year-over-year. Net profit attributable to shareholders of the listed company was RMB 1.206 billion (USD 176.92 million), an increase of 60.37% year-on-year. The total value of new orders acquired during the year was RMB 172.81 billion (USD 25.35 billion), up 12.50% year-on-year and reaching a record level.
During its annual results meeting on April 2 in Hong Kong, Shanghai Electric presented its 2025 results and key financial data, and held talks with a wide range of institutional investors and analysts on its business development and future plans. In 2025, the company delivered solid performance across key operating metrics, recording significant improvement in overall business quality, driven by breakthroughs in new orders, technological innovation and cross-segment synergies.
Strong growth in profitability, new orders and segment revenues
In 2025, Shanghai Electric achieved significant breakthroughs in emerging sectors, accelerated independent innovation in advanced manufacturing, and continued to expand its reach in global markets.
The group’s total operating profit was RMB 5.02 billion (USD 736.73 million), an increase of 34.28% year-on-year. Basic earnings per share were RMB 0.078, a significant increase of 62.50%.
The Power Equipment segment generated revenue of RMB 75.02 billion (USD 11.01 billion), up 21.48% year-on-year, consolidating its position as an industry leader.
Significant growth was recorded in sectors with high dynamics:
- orders for wind energy equipment reached RMB 22.966 billion (+32.18%, USD 3.37 billion);
- orders for nuclear power equipment amounted to RMB 9.888 billion (+25.37%, USD 1.45 billion);
- orders for gas power generation equipment reached RMB 3.095 billion (+33.35%, USD 454.04 million);
- orders for power plant services amounted to RMB 7.312 billion (+45.28%, USD 1.07 billion).
Strengthening innovation capabilities and breakthroughs in developing sectors
Shanghai Electric has achieved significant technological breakthroughs in new areas, including green methanol, green hydrogen, energy storage and superconductivity, while steadily increasing its level of technological independence.
In advanced manufacturing, self-developed innovative products such as humanoid robots, industrial machine tools and precision bearings accelerate market implementation, further strengthening the company’s core competencies in this sector.
With R&D expenditure of RMB 6.164 billion (USD 904.26 million) in 2025, Shanghai Electric’s continued high level of R&D investment continues to underpin technological innovation and product upgrades.
Progress in industrial optimization and presence in global markets
In response to investors’ questions regarding the implementation of robotics, the development of its aerospace equipment business, the export of nuclear energy equipment, the prospects for tenders for coal-fired power plants and the export of gas turbines, Shanghai Electric reaffirmed its commitment to further strengthen its position in the energy equipment sector, increase operational efficiency in the field of industrial equipment and develop global capabilities in the field of integrated services.
- traditional energy: strengthening grid regulatory capacity and developing low-emission modernization while accelerating the implementation of nuclear energy and fusion projects;
- advanced manufacturing: scaling up the development of robotics, aerospace equipment and advanced machine tools, with an emphasis on breakthroughs in key core technologies;
- foreign development: increasing coverage on foreign markets while strengthening competences in the field of desalination, energy transmission and distribution and energy equipment.
Implementing priorities for 2026 through innovation and digital transformation
In 2026, Shanghai Electric will continue to strengthen competitiveness by taking technological innovation as the main driver, digital transformation as the core strategic direction and green development as the foundation, striving to upgrade traditional sectors towards high quality, scale up strategic growth sectors, and take forward-looking actions for future industries.
Video – https://mma.prnewswire.com/media/2959127/2026.mp4
Logo – https://mma.prnewswire.com/media/2346204/5922493/Shanghai_Electric_logo.jpg
