Shanghai Electric Reports Significant Growth in Revenue and Profits for 2025 Period
Shanghai Electric Reports Significant Growth in 2025
On September 10, 2025, Shanghai Electric (SEHK: 2727, SSE: 601727), a global leader in industrial and energy equipment manufacturing, announced its financial results for the period ending June 30, 2025. The company reported revenues of 54.303 billion RMB (7.605 billion USD), reflecting an 8.9% year-on-year increase, while net profit attributable to shareholders grew by 7.3%. These results underscore the effectiveness of Shanghai Electric's growth strategy within emerging sectors and an increasing international market presence.
Segment Performance
Shanghai Electric's business model encompasses three core segments: energy equipment, industrial equipment, and integrated services. These sectors work synergistically to foster operational improvements and enhance both revenue composition and order backlog.
Energy Equipment Segment
The energy equipment segment recorded revenues of 30.116 billion RMB (4.218 billion USD), signifying a remarkable 22.2% year-on-year growth. This notable increase can be attributed to the rising demand for clean and sustainable energy solutions, reflecting Shanghai Electric's commitment to advancing in renewable energy technologies.
Industrial Equipment Segment
Performance in the industrial equipment segment remained stable, with revenues at 18.598 billion RMB (2.604 billion USD), nearly on par with the previous year. This consistency highlights the resilience of this sector amidst a challenging economic landscape.
Integrated Services Segment
The integrated services segment showed moderate growth, achieving revenues of 8.260 billion RMB (1.156 billion USD), which corresponds to a 3.8% increase. This growth indicates the ongoing diversification of services offered by Shanghai Electric, addressing a broader range of customer needs in various industries.
Major Developments in H1 2025
In the first half of 2025, Shanghai Electric secured new orders totaling 109.81 billion RMB (15.38 billion USD). The energy equipment sector accounted for 60.04 billion RMB (8.41 billion USD) of this, followed by the industrial equipment sector with 22.82 billion RMB (3.2 billion USD), and integrated services with 26.95 billion RMB (3.77 billion USD). Notably, robust growth in the new energy sector illustrates significant advancements in Shanghai Electric's energy transition strategy.
Additionally, international revenues reached 8.696 billion RMB (1.218 billion USD), marking an 11.7% year-on-year increase. Key milestones included the timely completion of the digital substation project in Zafarabad, Uzbekistan, and the successful commissioning of the Similajau-Bunut 500kV transmission line in Sarawak, Malaysia. These achievements align with Shanghai Electric's commitment to the Belt and Road Initiative, further strengthening its market share in participating countries.
Commitment to Innovation
Shanghai Electric prioritizes technological innovation, dedicating 2.546 billion RMB (356.61 million USD) to research and development efforts in the first half of the year. This investment, constituting 4.7% of total operational revenues, represents a 9.4% year-on-year increase. The company has established itself as a technological pioneer, reporting significant breakthroughs in controlled nuclear fusion, artificial intelligence, and robotics innovations.
In July, Shanghai Electric delivered the world's first cryogenic test Dewar designed for the ITER (International Thermonuclear Experimental Reactor). Moreover, the launch of the dual-arm industrial robot LINGKE and the humanoid industrial robot SUYUAN marked the beginning of a comprehensive robotics ecosystem encompassing industrial, specialized, and intelligent robotics solutions. This strategic move reinforces Shanghai Electric's capabilities in key components, laying a foundation for comprehensive automation solutions.
Furthermore, in the realm of energy storage technology, the company successfully built a production line for semiconductor batteries, where critical equipment underwent rigorous real-world tests before investment approval. This advancement highlights Shanghai Electric's technological progress and positions it as a leader in next-generation energy storage solutions.
For more detailed information about Shanghai Electric and its advancements, please visit Shanghai Electric.
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Topics General Business）
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