CHINA LONGYUAN announced its performance for the first three quarters, with a net profit attributable to shareholders of approximately 4.613 billion yuan, a year-on-year decrease of 19.84%

Zhitong
2025.10.29 12:20
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CHINA LONGYUAN announced its performance for the first three quarters of 2025, with revenue of 22.221 billion yuan, a year-on-year increase of 3.70%. The net profit attributable to the parent company was approximately 4.613 billion yuan, a year-on-year decrease of 19.84%. Wind power revenue was 19.144 billion yuan, a year-on-year decrease of 1.82%; photovoltaic revenue was 2.806 billion yuan, a year-on-year increase of 64.82%. The newly added installed capacity of new energy holdings was 2,274.19 megawatts, with wind power at 1,134.70 megawatts and photovoltaic at 1,169.49 megawatts. The average utilization hours for wind power were 1,511 hours, a year-on-year decrease of 95 hours. The power generation was 56,546,706 megawatt-hours, a year-on-year decrease of 0.53%

According to the Zhitong Finance APP, CHINA LONGYUAN (00916) announced its performance for the first three quarters of 2025, with revenue of RMB 22.221 billion, an increase of 3.70% compared to the same period last year in continuing operations. Among them, the wind power segment generated revenue of RMB 19.144 billion, a decrease of 1.82% compared to the same period last year; the photovoltaic segment generated revenue of RMB 2.806 billion, an increase of 64.82% compared to the same period last year; and other segments generated revenue of RMB 271 million, an increase of 19.26% compared to the same period last year. The net profit attributable to equity holders of the company was RMB 4.613 billion, a decrease of 19.84% compared to the same period last year.

From January to September 2025, the group added a net new installed capacity of 2,274.19 megawatts in renewable energy, including an increase of 1,134.70 megawatts in wind power and 1,169.49 megawatts in photovoltaic capacity, while reducing biomass power installed capacity by 30.00 megawatts. As of September 30, 2025, the group's total installed capacity was 43,417.39 megawatts, including 31,543.47 megawatts of wind power, 11,867.82 megawatts of photovoltaic power, and 6.10 megawatts of other renewable energy.

From January to September 2025, the average utilization hours of the group's wind power were 1,511 hours, a decrease of 95 hours compared to the same period in 2024, mainly due to a year-on-year decrease in wind speed.

As of September 30, 2025, the group had cumulatively generated 56,546,706 megawatt-hours of electricity according to consolidated financial statements, a year-on-year decrease of 0.53%. Excluding the impact of thermal power, there was a year-on-year increase of 13.81%. Among them, wind power generation was 46,187,944 megawatt-hours, a year-on-year increase of 5.30%; photovoltaic generation was 10,354,443 megawatt-hours, a year-on-year increase of 77.98%

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