Shanghai Electric Reports FY 2024 H1 Revenue of RMB 49.869 Billion with 22.6% YoY Net Profit Growth
Shanghai Electric (SEHK:2727, SSE:601727) reported strong financial results for H1 2024, with revenue of RMB 49.869 billion and net profit of RMB 602 million, up 2.0% year-over-year. The company's gross profit margin reached 19.2%, while cash and cash equivalents stood at RMB 34.102 billion. Shanghai Electric's focus on high-end equipment manufacturing yielded positive outcomes across its key businesses:
- Energy equipment: Revenue of RMB 24.654 billion, 20.10% gross profit margin
- Industrial equipment: Revenue of RMB 18.959 billion, 17.40% gross profit margin
- Integrated service: Revenue of RMB 7.961 billion, 16.60% gross profit margin
The company secured new orders worth RMB 83.66 billion in H1, driven by innovations in thermal power, energy storage, and hydrogen solutions. Shanghai Electric also expanded its global presence with significant projects in the Middle East, Europe, and Asia.
Shanghai Electric (SEHK:2727, SSE:601727) ha riportato risultati finanziari solidi per il primo semestre del 2024, con ricavi di 49,869 miliardi di RMB e utile netto di 602 milioni di RMB, in aumento del 2,0% rispetto all'anno precedente. Il margine di profitto lordo dell'azienda ha raggiunto 19,2%, mentre la liquidità e le disponibilità liquide si sono attestati a 34,102 miliardi di RMB. Il focus di Shanghai Electric sulla produzione di apparecchiature di alta gamma ha dato risultati positivi in tutti i suoi settori chiave:
- Attrezzature energetiche: Ricavi di 24,654 miliardi di RMB, margine di profitto lordo del 20,10%
- Attrezzature industriali: Ricavi di 18,959 miliardi di RMB, margine di profitto lordo del 17,40%
- Servizi integrati: Ricavi di 7,961 miliardi di RMB, margine di profitto lordo del 16,60%
L'azienda ha ottenuto nuovi ordini per un valore di 83,66 miliardi di RMB nel primo semestre, sostenuti da innovazioni in energia termica, stoccaggio di energia e soluzioni per l'idrogeno. Shanghai Electric ha inoltre ampliato la sua presenza globale con progetti significativi in Medio Oriente, Europa e Asia.
Shanghai Electric (SEHK:2727, SSE:601727) reportó resultados financieros sólidos para el primer semestre de 2024, con ingresos de 49,869 mil millones de RMB y beneficio neto de 602 millones de RMB, un aumento del 2,0% año tras año. El margen de beneficio bruto de la empresa alcanzó 19,2%, mientras que el efectivo y equivalentes de efectivo se situaron en 34,102 mil millones de RMB. El enfoque de Shanghai Electric en la fabricación de equipos de alta gama arrojó resultados positivos en sus principales negocios:
- Equipos energéticos: Ingresos de 24,654 mil millones de RMB, margen de beneficio bruto del 20,10%
- Equipos industriales: Ingresos de 18,959 mil millones de RMB, margen de beneficio bruto del 17,40%
- Servicios integrados: Ingresos de 7,961 mil millones de RMB, margen de beneficio bruto del 16,60%
La empresa aseguró nuevos pedidos por un valor de 83,66 mil millones de RMB en el primer semestre, impulsados por innovaciones en energía térmica, almacenamiento de energía y soluciones de hidrógeno. Shanghai Electric también amplió su presencia global con proyectos significativos en el Medio Oriente, Europa y Asia.
상하이 일렉트릭 (SEHK:2727, SSE:601727)은 2024년 상반기 강력한 재무 실적을 보고했습니다. 수익은 49,869억 위안에 순이익은 6억 2천만 위안으로, 전년 대비 2.0% 증가했습니다. 회사의 총 이익률은 19.2%에 이르렀으며, 현금 및 현금성 자산은 34,102억 위안이었습니다. 상하이 일렉트릭은 고급 장비 제조에 집중하면서 주요 사업 부문에서 긍정적인 결과를 얻었습니다:
- 에너지 장비: 수익 24,654억 위안, 총 이익률 20.10%
- 산업 장비: 수익 18,959억 위안, 총 이익률 17.40%
- 통합 서비스: 수익 7,961억 위안, 총 이익률 16.60%
회사는 83.66억 위안 규모의 신규 수주를 확보했으며, 이는 열전력, 에너지 저장 및 수소 솔루션의 혁신에 힘입은 것입니다. 상하이 일렉트릭은 중동, 유럽, 아시아에서의 주요 프로젝트를 통해 글로벌 입지를 확장하였습니다.
Shanghai Electric (SEHK:2727, SSE:601727) a annoncé des résultats financiers solides pour le premier semestre 2024, avec un chiffre d'affaires de 49,869 milliards de RMB et un bénéfice net de 602 millions de RMB, en hausse de 2,0% par rapport à l'année précédente. La marge bénéficiaire brute de l'entreprise a atteint 19,2%, tandis que la trésorerie et équivalents de trésorerie s'élevaient à 34,102 milliards de RMB. L'accent mis par Shanghai Electric sur la fabrication d'équipements de haute qualité a produit des résultats positifs dans ses principaux secteurs d'activité :
- Équipements énergétiques : Chiffre d'affaires de 24,654 milliards de RMB, marge bénéficiaire brute de 20,10%
- Équipements industriels : Chiffre d'affaires de 18,959 milliards de RMB, marge bénéficiaire brute de 17,40%
- Services intégrés : Chiffre d'affaires de 7,961 milliards de RMB, marge bénéficiaire brute de 16,60%
L'entreprise a sécurisé de nouvelles commandes d'une valeur de 83,66 milliards de RMB au premier semestre, soutenues par des innovations dans l'énergie thermique, le stockage d'énergie et les solutions hydrogène. Shanghai Electric a également élargi sa présence mondiale avec des projets significatifs au Moyen-Orient, en Europe et en Asie.
Shanghai Electric (SEHK:2727, SSE:601727) berichtete über starke Finanzergebnisse für das erste Halbjahr 2024, mit Einnahmen von 49,869 Milliarden RMB und Nettogewinn von 602 Millionen RMB, was einem Anstieg von 2,0 % im Vergleich zum Vorjahr entspricht. Die Bruttogewinnmarge des Unternehmens erreichte 19,2%, während die liquiden Mittel und Zahlungsmittel 34,102 Milliarden RMB betrugen. Der Fokus von Shanghai Electric auf die Herstellung von hochwertigen Geräten führte zu positiven Ergebnissen in den wichtigsten Unternehmensbereichen:
- Energieanlagen: Einnahmen von 24,654 Milliarden RMB, Bruttogewinnmarge von 20,10%
- Industrieanlagen: Einnahmen von 18,959 Milliarden RMB, Bruttogewinnmarge von 17,40%
- Integrierte Dienstleistungen: Einnahmen von 7,961 Milliarden RMB, Bruttogewinnmarge von 16,60%
Das Unternehmen sicherte sich neue Aufträge im Wert von 83,66 Milliarden RMB im ersten Halbjahr, angetrieben durch Innovationen in der thermischen Energie, Energiespeicherung und Wasserstofflösungen. Shanghai Electric erweiterte auch seine globale Präsenz mit bedeutenden Projekten im Nahen Osten, in Europa und Asien.
- Revenue increased to RMB 49.869 billion in H1 2024
- Net profit grew by 2.0% year-over-year to RMB 602 million
- Gross profit margin reached 19.2%
- New orders worth RMB 83.66 billion secured in H1, an increase from the previous year
- Reduced sales expenses to RMB 1.362 billion
- Financial expenses decreased by 30.58% to RMB 202 million
- Secured new orders for coal-fired equipment totaling RMB 21.99 billion
- Expanded energy storage portfolio with innovative solutions
- Established as a full-spectrum hydrogen solution provider
- Significant international projects in Dubai, France, South Korea, Vietnam, and Indonesia
- R&D investment remained flat at RMB 2.327 billion compared to the same period last year
During the reporting period, Shanghai Electric has continued to advance its strategy for sustainable growth, with sales expenses reduced to
Shanghai Electric's strong focus on high-end equipment manufacturing has delivered positive outcomes across its key businesses. For the energy equipment, the Company generated revenue of
Continued innovation and growth driven by a diverse energy portfolio
- In the thermal power segment, the Company secured new orders for coal-fired equipment totaling
RMB 21.99 billion , including a project with China United Gas Turbine Technology to design an integrated manufacturing platform with the assembly of the first 300 MW gas turbine. - The Company expanded its energy storage portfolio with new cutting-edge solutions, including vanadium flow batteries, compressed air systems, and molten salt storage technology for concentrated solar power. The 300 MW compressed air energy storage station in
China set three world records for its single-unit power, project scale, and conversion efficiency upon its grid connection. - In the hydrogen sector, Shanghai Electric has established itself as a full-spectrum solution provider, covering production, storage, refueling, and utilization. The Company's latest Z-series alkaline electrolyzer showcases industry-leading efficiency, with a single unit capable of producing up to 3,000 Nm³/h of hydrogen.
A pioneering force empowering the global energy transition
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Middle East : InDubai , the Company is behind the world's largest standalone Concentrated Solar Power (CSP) and Photovoltaic (PV) project, with the 950MW renewable energy project set to cut carbon emissions by 1.6 million tons annually. -
Europe : InFrance , the Wunberg 5MW PV hydrogen production project marks Shanghai Electric's inaugural overseas venture in hydrogen equipment sales after exporting vanadium flow battery energy storage products toSpain . -
Southeast Asia andEast Asia : Shanghai Electric Wind Power has secured orders inSouth Korea ,Vietnam , andIndonesia , further cementing its presence in the Asian market.
For more information about Shanghai Electric, please visit https://www.shanghai-electric.com/group_en/ .
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SOURCE Shanghai Electric
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