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Shenzhen Hopewind Electric (603063) Q1 2025 earnings summary

Event summary combining transcript, slides, and related documents.

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Q1 2025 earnings summary

5 Oct, 2026

Executive summary

  • Q1 revenue rose 41.02% YoY to RMB 773.5m; net profit attributable to shareholders increased 90.35% to RMB 105.4m.

  • Renewable-energy electrical-control business revenue growth was identified as the main driver of higher revenue and net profit.

Financial highlights

  • Revenue was RMB 773.5m, versus RMB 548.5m in Q1 2024; operating profit was RMB 116.4m, versus RMB 77.8m.

  • Net profit attributable to shareholders was RMB 105.4m, versus RMB 55.4m; adjusted for non-recurring items, it was RMB 97.0m, up 36.81% YoY.

  • Total net profit was RMB 106.2m, versus RMB 62.4m in Q1 2024.

Segment performance

  • Renewable-energy electrical-control business revenue increased and was cited as the principal reason for revenue growth.

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