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Shanghai Electric Group Company ( (HK:2727) ) just unveiled an update.
Shanghai Electric Group Company Limited reported a solid start to 2026, with first-quarter revenue rising 9.32% year-on-year to RMB 24.32 billion and net profit attributable to shareholders jumping 30.15% to RMB 380 million. Profitability improved further on an adjusted basis, as net profit excluding non-recurring items increased nearly 40%, while basic and diluted earnings per share both climbed to RMB 0.0245.
The group’s total profit edged up 1.96% and return on net assets improved to 0.69%, supported by modest growth in total assets and net assets attributable to shareholders. However, operating cash flow remained negative at RMB -800 million, though this represented a substantial improvement from the large outflow in the same period last year, signaling better but still pressured cash generation for stakeholders to monitor.
The most recent analyst rating on (HK:2727) stock is a Buy with a HK$4.20 price target. To see the full list of analyst forecasts on Shanghai Electric Group Company stock, see the HK:2727 Stock Forecast page.
More about Shanghai Electric Group Company
Shanghai Electric Group Company Limited is a Chinese industrial equipment manufacturer listed in Hong Kong and Shanghai. The company operates in power and industrial equipment, providing comprehensive solutions and services to energy and infrastructure sectors in domestic and international markets.
Average Trading Volume: 38,130,557
Technical Sentiment Signal: Buy
Current Market Cap: HK$126.9B
Learn more about 2727 stock on TipRanks’ Stock Analysis page.