SEWPG(SH:688660)2026-02-27 10:35Financial Performance - Total revenue for 2025 reached ¥1,368,119.42 million, a 31.07% increase compared to ¥1,043,802.05 million in the previous year[4] - Net profit attributable to shareholders of the parent company was -¥98,891.53 million, an increase in loss of ¥20,412.99 million from -¥78,478.54 million year-on-year[7] - The basic earnings per share for the period was -¥0.74, compared to -¥0.59 in the previous year[4] - The weighted average return on equity was -21.38%, a decrease of 7.07 percentage points from -14.31%[4] Assets and Equity - Total assets at the end of the reporting period were ¥3,454,636.38 million, an 18.29% increase from ¥2,920,500.87 million at the beginning of the period[7] - Shareholders' equity attributable to the parent company decreased by 19% to ¥414,010.78 million from ¥511,119.51 million[4] Operational Challenges - The company experienced a decrease in gross profit margin due to intensified competition in the offshore wind market and rising component prices[7] - The company faced delays in the construction progress of some offshore wind projects, impacting the timely conversion of sales orders into revenue[7] Cost Management - The company controlled expenses effectively, resulting in a 4 percentage point decrease in the expense ratio compared to the previous year[7] Revenue Drivers - The increase in revenue was primarily driven by a significant rise in new orders for wind turbine products in 2024[8]