Shanghai Electric Records Positive Performance in 2025, New Order Value Reaches All-Time High
Shanghai, (ANTARA/PRNewswire) - Shanghai Electric (SEHK: 02727, SSE: 601727) announced its 2025 financial performance with revenue of RMB 126.68 billion (USD 18.58 billion), an increase of 9.03% from the previous year. Net profit attributable to parent entity shareholders reached RMB 1.206 billion (USD 176.92 million), jumping 60.37%. Meanwhile, total new orders throughout 2025 amounted to RMB 172.81 billion (USD 25.35 billion), up 12.50% and marking the highest record in Shanghai Electric’s history.
In the annual performance briefing held in Hong Kong on 2 April, Shanghai Electric presented its 2025 financial results while engaging in dialogue with institutional investors and stock analysts regarding business developments and future plans. Throughout 2025, Shanghai Electric recorded significant improvements in various key operational indicators, driven by a surge in new orders, technological innovation, and inter-segment business synergies.
Positive Growth in Profit, New Orders, and Segment Revenue
In 2025, Shanghai Electric achieved important breakthroughs in new sectors, accelerating the implementation of independent innovation in high-end manufacturing, and expanding its reach in global markets.
Shanghai Electric’s total operating profit reached RMB 5.02 billion (USD 736.73 million), up 34.28% year-on-year. Basic earnings per share were recorded at RMB 0.078, an increase of 62.50%.
The energy equipment segment recorded revenue of RMB 75.02 billion (USD 11.01 billion), growing 21.48% and further strengthening Shanghai Electric’s dominance in the industry.
Significant increases were also achieved in high-growth sectors:
Orders for wind power generation equipment reached RMB 22.966 billion (+32.18%; USD 3.37 billion);
Orders for nuclear power generation equipment reached 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 generation services reached RMB 7.312 billion (+45.28%; USD 1.07 billion).
Innovation and Breakthroughs in New Sectors
Shanghai Electric made important achievements in various new fields, such as green methanol, green hydrogen, energy storage, and superconducting power technologies, which strengthen technological independence.
In the high-end manufacturing sector, innovative products developed in-house, such as humanoid robots, industrial machine tools, and precision bearings, are accelerating their market application, thereby strengthening Shanghai Electric’s core capabilities.
With an R&D expenditure budget of RMB 6.164 billion (USD 904.26 million) in 2025, Shanghai Electric’s sustained investment in R&D serves as the primary foundation for technological innovation and product enhancement.
Industrial Optimisation and Global Market Expansion
In response to investor questions regarding robotics development, aviation equipment, nuclear equipment exports, prospects for coal-fired power plant projects, and gas turbines, Shanghai Electric reaffirmed its commitment to strengthening its position in the energy equipment sector, improving operational efficiency of industrial equipment, and expanding integrated service capabilities globally.
Conventional energy: enhancing grid regulation capabilities and promoting low-carbon transitions, while accelerating the implementation of nuclear power plant (PLTN) and nuclear fusion technologies
Advanced manufacturing: expanding development in robotics, aerospace equipment, and advanced machine tools with a focus on core technological breakthroughs
Global expansion: deepening penetration into overseas markets and strengthening capabilities in desalination, power transmission and distribution, and energy equipment
Focus for 2026: Innovation and Digital Transformation
Entering 2026, Shanghai Electric will continue to enhance competitiveness by making technological innovation the primary driver, digital transformation the strategic direction, and green development the foundation. Shanghai Electric will also promote the upgrading of conventional industries to higher levels, expand the scale of new strategic sectors, and strengthen its position in future industries.