年初以来，公司海外海工接单规模领跑欧洲同业，份额提升明显，累计签单金额近30亿元；同时，公司 在手海外海工订单累计总金额超100亿元，主要集中在未来两年交付，项目覆盖欧洲北海、波罗的海多 个海上风电项目群。得益于2025年至今优异表现，公司在欧洲海上风电单桩市场份额进一步提升。公司 依托新增订单与交付兑现继续抬升份额，近2—3年，从行业"新进者"迅速成长为"领跑者"，凭借深远海 基地先进产能投建和全球物流体系成熟化，公司市场份额有望进一步提升，保持领先地位。 大金重工（002487）8月27日披露投资者关系活动记录表显示，公司于8月26日以电话会议形式召开业绩 说明会，易方达基金、长江证券、平安银行等140余家机构投资者参会。 截至报告期末，公司自持已并网投运新能源项目规模500MW，上半年贡献收入1.25亿元，同比增长 5.56%。同时，公司在建陆上风电项目规模950MW，预计在2026年下半年陆续并网投运。 大金重工8月26日晚披露2025年半年度报告，报告期内，公司实现营业收入28.41亿元，同比增长 109.48%；实现净利润5.47亿元，同比增长214.32%；实现扣非归母净利润5.63亿元，同比增 ...

Core Viewpoint - Daikin Heavy Industries has achieved significant growth in overseas expansion, with impressive financial results in Q1 2025, indicating a strong position in the offshore wind market [2][3]. Financial Performance - In Q1 2025, Daikin Heavy Industries reported revenue of 1.14 billion yuan, a year-on-year increase of 146.36% [2]. - The net profit attributable to shareholders reached 231 million yuan, up 335.91% year-on-year, while the net profit excluding non-recurring items was 246 million yuan, reflecting a 448.47% increase [2]. - The company's gross margin and net margin for Q1 2025 were 30.95% and 20.25%, respectively, both reaching record highs [3]. Export and Market Position - The company experienced a significant increase in the shipment volume of offshore engineering products, achieving the highest level for the same period in history [3]. - Daikin Heavy Industries has been actively expanding its overseas market share since entering the European offshore wind market in 2019, positioning itself among the top tier of global wind power equipment manufacturers [3]. Yearly Overview - In 2024, Daikin Heavy Industries reported total revenue of 3.78 billion yuan, a decrease of 12.61% year-on-year, while net profit and net profit excluding non-recurring items were 474 million yuan and 433 million yuan, showing increases of 11.46% and 17.7%, respectively [4]. - The company's gross margin and net margin for 2024 were 29.83% and 12.54%, with year-on-year increases of 6.59 and 2.71 percentage points [4]. Domestic vs. Export Business - In 2024, the domestic business segment generated revenue of 2.047 billion yuan, down 21.6%, while export revenue was 1.733 billion yuan, up 1.07% [4]. - The proportion of domestic revenue decreased from 60.36% to 54.15%, while export revenue's share increased from 39.64% to 45.85% [4]. Cash Flow and Assets - The gross margins for domestic and export businesses were 22.5% and 38.48%, respectively, with year-on-year increases of 1.85 and 11.28 percentage points [5]. - Operating cash flow for 2024 was 1.083 billion yuan, a year-on-year increase of 33.97% [5]. - As of the end of Q1 2025, total assets reached 12.746 billion yuan, a 10.24% increase from the previous year, while equity attributable to shareholders was 7.503 billion yuan, up 3.17% [5].