Goldwind Science&Technology Co., Ltd. (XJNGF) Q1 2025 Earnings Call Transcript Summary
[Brokerage Focus] Guotai HAITONG SEC: The understanding of the Electrical Utilities market among companies and investors will change in 2025-2026.
Jinwu Financial News | Guotai HAITONG SEC states that in 2025-2026, both power companies and investors will change their understanding of the electrical utilities market. Currently, the further north you go, the better the coal power generation price: the higher the proportion of new energy, the scarcity of coal power generation is evident. At the same time, this year's annual long-term contract prices in the south have also put pressure on coal power generation there, as power plants shift from pursuing quantity to focusing on price and efficiency, and recently, spot electricity prices in the south have started to rise. It is believed that the possibility of northern electricity prices bottoming out is already quite high, while regional disparities in the south still exist. In the future, we may witness two historic firsts: 1. Rising spot electricity prices in 2025, 2. Increased annual long-term contracts in 2026.
The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.
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Goldwind Science& Technology opened more than 12% higher post-announcement, with a 70.84% year-on-year increase in net profit attributable to the parent company in the first quarter to 0.568 billion yuan.
Goldwind Science& Technology (02208) opened high after the earnings report, with the stock price rising 12.55%, currently reporting HKD 5.29, with a turnover of HKD 54.8564 million. Goldwind Science& Technology announced its first quarter performance for 2025, with revenue of approximately 9.472 billion yuan, a year-on-year increase of 35.72%. The net income attributable to shareholders of the listed company is approximately 0.568 billion yuan, a year-on-year increase of 70.84%.
The market is fluctuating in search of main lines, Electric Power stocks are experiencing another surge, and the new policy on tax refunds for departure is attracting attention.
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Goldwind Science& Technology (02208.HK) will release its Earnings Reports on April 26.
$Goldwind Science& Technology (02208.HK) will release its Earnings Reports on April 26. Investors should pay attention. What were the previous results? In Q1 2024, revenue was 6.979 billion yuan, Net income was 0.387 billion yuan, and EPS was 0.073 yuan. Futubull reminder: 1. There are no strict regulations on the accounting year divisions for listed companies in Hong Kong and the U.S.; it is completely decided by the company itself, so each reporting period can serve as the fiscal year cutoff for the company, rather than being linked to the calendar year. 2. Generally, the company will hold an Earnings Reports meeting on or around the announcement date.
Goldwind Technology: First Quarter Report 2025
Goldwind Reports Strong Q1 2025 Financial Results With Significant Profit Growth
Goldwind Science& Technology (02208): Harmony Health has cumulatively reduced its shareholding in the company by 12.5804 million shares.
Goldwind Science& Technology (02208) announced that recently, the company received the "About the Shareholding Reduction Plan Period..." issued by Harmony Health.
Goldwind Science& Technology (02208) intends to invest 0.3-0.5 billion yuan to repurchase A-shares.
Goldwind Science& Technology (02208) issued a notice, based on confidence in the company's future development and determination of the company's value, to maintain...
GOLDWIND: 2025 FIRST QUARTERLY REPORT
Highlights from the Brokerage morning meeting: Demand improved in the first quarter, and performance recovery in the Electrical Utilities New energy Fund industry is expected.
In today's Brokerage morning meeting, Sinolink believes that the core logic of incremental policies is becoming clearer; China Securities Co.,Ltd. noted that the current expectations for Fuel Cell Energy vehicles in the Sector are relatively weak, and there might be an upward inflection point in sales during the peak season in May-June; HTSC suggested that the demand is improving in the first quarter, and the performance recovery of Electrical Utilities New energy industry is expected.
Zhitung Hong Kong Stock Analysis | The tariff war faces variables as the Hang Seng Index adjusts, while products attending the ASCO annual conference receive popularity.
The concentration of funds in bank stocks indicates that the market remains in a cautious state.
GOLDWIND: 2024 Annual Report
Hong Kong stocks movement | Goldwind Science& Technology (02208) rose over 4% after completing the largest single wind power project in Africa's full grid connection.
Goldwind Science& Technology (02208) rose more than 4%, as of the time of this report, it increased by 3.7%, trading at 4.76 HKD, with a transaction amount of 14.2146 million HKD.
Goldwind Science&Technology (SZSE:002202) Use Of Debt Could Be Considered Risky
Wind Power stocks surged, JNCEC (00579) rose by 10.6%. Institutions indicated that the development of offshore wind power domestically and internationally will drive an increase in Industry Chain shipments.
Jingwu Financial News | Wind Power stocks rose broadly, JNCEC (00579) increased by 10.6%, Goldwind Science& Technology (02208) increased by 2.91%, CHINA LONGYUAN (00916) increased by 2.07%, C TRANSMISSION (00658) and CONCORD NE (00182) both rose by more than 1%, and DATANG RENEW (01798) rose by less than 1%. CITIC SEC indicated that the prosperity of offshore wind power both domestically and internationally is expected to continue to improve, driving an increase in the Industry Chain's shipment volume. Domestically, the scale of newly added offshore wind power in 2025 is expected to exceed 12 GW, with a potential doubling of year-on-year growth, and as deep-sea.
[Brokerage Focus] CITIC SEC: The prosperity of domestic and international offshore wind power is expected to continue to improve, driving an increase in the Industry Chain's shipment volume.
Jinwu Financial News | CITIC SEC expressed that the prosperity of offshore wind power both domestically and internationally is expected to continue to improve, thereby driving an increase in the Industry Chain's shipment volume. Domestically, it is anticipated that the newly added scale of offshore wind power in 2025 will exceed 12GW, with year-on-year growth expected to double. Furthermore, with the initiation of deep-sea offshore wind power projects, medium to long-term stable growth is likely to be secured; internationally, although the new offshore wind capacity in Europe is 2.6GW, a decrease of 30% year-on-year, the number of wind power approvals in Europe for 2024 is 19.9GW, an increase of 46.3% year-on-year, which provides ample reserves for the development of subsequent projects during 2025-2030.
Green Energy Concept stocks rose broadly, XINTE ENERGY (01799) increased by 1.90%, and the Green Certificate Green Energy Trade in the Southern Power Grid operation area has exceeded 100 billion kilowatt-hours.
Jinwu Financial News | Green Energy Concept stocks are generally rising, XINTE ENERGY (01799) increased by 1.90%, ENN ENERGY (02688) rose by 1.68%, CHINA POWER (02380) went up by 1.37%, Datang International Power Generation (00991) grew by 1.23%, XINYI ENERGY (03868) increased by 1.16%, and Goldwind Science& Technology (02208) rose by 1.15%. On the news front, the latest data from the Guangzhou Power Trading Center shows that in the first quarter of this year, the trading scale of green certificates and green electricity in the Southern Grid operation area reached 128.9 billion kilowatt-hours, corresponding to 0.1289 billion green certificates, achieving explosive year-on-year growth in total trading volume.
[Brokerage Focus] CITIC SEC: The price difference settlement mechanism is expected to support electricity prices and profitability after the New energy Fund enters the market.
Jinwu Financial News | CITIC SEC stated that New energy Fund price difference contracts have been widely applied in various countries in Europe, promoting investment enthusiasm by locking in electricity prices and profit expectations for operators, thereby facilitating the transformation of the energy structure. Our country plans to promote the full market entry of new energy and establish a settlement mechanism for New energy Fund price differences to alleviate the profit pressure on green power operators caused by increased market transactions and reduced prices. The specific effects will depend on the actual policies in different regions. The bank calculates that the impact of price difference settlement costs on terminal electricity prices is extremely limited when measured from the perspective of total electricity consumption in society. Increased participation of New energy in the spot market may lead to a decrease in average prices and increased volatility, with the specific impact depending on market