During the first quarter of 2025, the performance of the new energy sector is expected to show significant deviations, with recovery signals remaining unclear. As of May 26, 2025, the latest report from the national statistical bureau indicated that the overall revenue for the new energy sector was 159.33 billion yuan, reflecting a year-on-year decrease of 18.58%. Meanwhile, the net profit attributable to shareholders dropped to 25.93 billion yuan, a staggering decline of 229.56% compared to the previous year. The solar energy sector, along with the wind energy sector, is projected to experience a decline in performance, with estimates reaching 16.38 billion yuan, 14.36 billion yuan, and 13.2 billion yuan for different segments.
Among these, the wind energy sector has noted a decrease in revenue during the same period, down to 23.5 billion yuan from previous figures. The solar energy sector, on the other hand, saw a significant drop, with a revenue decline exceeding 100%. The wind energy industry is expected to maintain a stable growth path post-2025, despite the recent fluctuations in product prices.
In a related development, companies in the new energy sector have reported a mixed performance outlook. A report indicated that the sector’s revenue for the first quarter of 2025 would still be subject to adjustments. Although there were price recoveries in March for some products, the overall market price has not yet reached the production cost level, which may continue to suppress profitability.
Looking ahead, key players in the new energy sector are expected to focus on stabilizing their operations and enhancing production efficiency. By 2025, the wind energy sector aims to achieve an output capacity of 120 GW, while solar component production is projected to reach 80-90 GW. Additionally, the wind energy segment anticipates a target output of around 135 GW in 2024, with battery storage systems contributing 90-100 GW.
Furthermore, various companies are in the process of implementing strategies to adapt to market changes and ensure sustainable growth. The government has also been proactive in promoting policies that support the development of the new energy sector, addressing challenges to maintain a competitive edge. As of May 22, the National Energy Administration plans to release statistics on the power generation capacity from January to April 2025, with an expected total capacity of 104.93 GW.
In summary, the new energy sector faces a challenging environment with fluctuating prices and performance indicators. Despite these challenges, forecasts suggest that companies need to adapt quickly to maintain their market position, aiming for steady growth in a dynamic landscape.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/declining-performance-of-listed-companies-in-the-first-quarter-a-detailed-analysis/
