Goldwind Reports Strong Q1 2025 Performance

Xinjiang Goldwind Science & Technology Co Class H ( (XJNGF) ) has released its Q1 earnings. Here is a breakdown of the information Xinjiang Goldwind Science & Technology Co Class H presented to its investors.

Xinjiang Goldwind Science & Technology Co., Ltd. is a leading Chinese company in the renewable energy sector, primarily focusing on the production and sale of wind turbine generators (WTG) and related components. The company is known for its significant contributions to the wind power industry and its commitment to sustainable energy solutions.

In its latest earnings report for the first quarter of 2025, Goldwind reported a substantial increase in operating income and net profits, reflecting strong performance and growth in the renewable energy market. The company’s operating income rose by 35.72% year-over-year, reaching RMB 9.47 billion, while net profits attributable to shareholders surged by 70.84% to RMB 568.25 million.

Key financial metrics highlighted in the report include a notable increase in sales volume of WTG and components, contributing to the rise in operating income and costs. The company also experienced a significant improvement in net cash flows from operating activities, which decreased by 72.97% compared to the previous year, indicating better cash management and operational efficiency. However, there was a decrease in investment income due to reduced gains from the disposal of equity investments in subsidiaries.

Additionally, Goldwind’s total assets grew by 2.44% to RMB 159.01 billion, and total equity attributable to shareholders increased by 1.53% to RMB 39.12 billion. The company also reported a significant rise in minority interests, reflecting increased capital injection from minority shareholders.

Looking ahead, Goldwind’s management remains optimistic about the company’s growth prospects, driven by a robust order book and continued demand for renewable energy solutions. The company is well-positioned to capitalize on the growing global emphasis on sustainable energy, with a total order backlog of 51,091.24 MW, marking a year-on-year growth of 51.81%.