China Longyuan Power Group (916) H2 2025 earnings summary

Executive summary

• Achieved all annual targets for 2025, concluding the 14th Five-Year Plan with strong growth in scale and quality.

• New installed capacity reached 4.85 GW, with consolidated installed capacity nearing 46 GW.

• New energy power generation rose 11.82% year-over-year to 76,469 GWh.

• Net profit for 2025 was RMB5.618 billion, with EPS at RMB55.48 cents.

• Significant progress in key projects and overseas expansion, including Saudi Arabia and South Africa.

Financial highlights

• Revenue for 2025 was RMB30,253 million, down 3.8% from 2024.

• Net profit attributable to equity holders was RMB4,638 million, a 27.9% decrease year-over-year.

• Operating profit fell 16.4% to RMB10,574 million.

• Net assets per share increased to RMB8.94.

• Capital expenditures decreased 27.8% to RMB21,071 million.

Outlook and guidance

• 2026 marks the start of the 15th Five-Year Plan, targeting 4.5 GW of new energy projects to commence and operate.

• Focus on stability, quality, efficiency, and innovation, with campaigns for safety, efficiency, and international expansion.

• Continued emphasis on green technology, digital transformation, and overseas market growth.