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    Producer manufacturing

  3. •

    Electrical products
Shanghai Electric Wind Power Group Co. Ltd. Class A

Shanghai Electric Wind Power Group Co. Ltd. Class A

SSSE:688660
7.59
CNY
+0.20
(+2.71%)
-0.67EPS
11.49BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.2
4.63
12.49
25.81
21.32
8.93
7.56
7.85
10.24
12.72
Basic EPS, GAAP
0.03
-0.04
0.31
0.52
0.46
-0.25
-0.95
-0.59
-0.74
-0.67
Free Cash Flow per Basic Share
-0.73
-0.04
2.6
0.67
-0.13
-2.06
-4.18
-0.38
0.14
- -
Dividend per Share
0.09
0.08
0.09
0.04
0.03
0.15
0.09
0.1
0.09
0.1
Book Value per Share
2.75
2.69
4.87
5.38
5.72
5.36
4.4
3.83
3.11
2.71
Tangible Book Value per Share
2.64
2.55
4.87
5.26
5.65
5.2
4.26
3.59
2.87
2.48
Basic Weighted Avg Shares
800
1,333
812
801
1,102
1,352
1,338
1,330
1,336
1,333
Sales/Revenue/Turnover
6,557
6,171
10,135
20,685
23,498
12,075
10,114
10,438
13,681
16,966
Operating Margin (%)
0.95
0.46
100
0.96
2.25
-3.63
-15.23
-6.28
-5.34
-2.98
Depreciation Expense
61
58
35
239
450
445
409
418
442
- -
Net Income, GAAP
21
-52
252
417
507
-338
-1,271
-785
-989
-890
Effective Tax Rate (%)
13.53
- -
12.34
9.56
3.95
- -
- -
- -
- -
- -
Profit Margin (%)
0.32
-0.85
2.48
2.01
2.16
-2.8
-12.57
-7.52
-7.23
-5.25
Working Capital
180
-538
342
-321
1,196
1,226
-539
-2,604
-5,138
-6,561
LT Debt
- -
344
310
876
873
2,940
2,282
2,566
2,696
2,269
Total Equity
2,201
2,149
3,896
4,304
7,624
7,150
5,874
5,124
4,153
3,620
Return on Invested Capital (%)
- -
- -
3.93
6
5.99
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
5.49
7.35
6.93
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-2.41
8.33
10.16
8.5
-4.58
-19.55
-14.3
-21.38
-20.85

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,468
2,914
2,900
LT Borrowings
2,368
2,152
1,955
LT Finance Leases
327
319
314
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,333
1,333
1,333
Market Capitalization
22,680
16,680
11,493

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
20,954
20,273
22,159
Cash, Cash Equivalents & STI
2,541
1,806
2,321
Accounts Receivable, Net
6,012
5,719
6,101
Inventories
4,079
5,169
5,832
Total Current Liabilities
26,092
26,069
28,721
Payables & Accruals
- -
- -
- -
ST Debt
2,468
2,914
2,900
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
4.27%
-18.95%
Free Cash Flow
- -
316.9%
-137.37%
Net Income, GAAP
- -
23.76%
26.01%
Sales/Revenue/Turnover
- -
-3.4%
31.07%
Total Cash Common Dividend
- -
106.25%
-5.85%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
469
749
1,916
7,303
10,438
2025
770
1,893
- -
9,419
13,681
2026
1,285
4,369
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
-0.13
-0.07
-0.23
-0.59
2025
-0.14
-0.07
- -
-0.19
-0.74
2026
-0.2
-0.2
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.04
0.01
0.04
0.1
2025
0.02
0.04
- -
0.02
0.09
2026
0.01
0.02
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yong Wang
Full Time Employees
1,648
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 115, Caobao Road Shanghai SH China 200233
IPO Date
May 19, 2021
Website
sewpg.com
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Business
Shanghai Electric Wind Power Group Co., Ltd. (688660.SS) is a leading provider of wind power equipment and solutions, specializing in the design, manufacture, and service of wind turbines and related components for onshore and offshore wind farms. The company offers a comprehensive portfolio of products including 3.X MW to 16.X MW series wind turbines under its Sea Emerald, Wind Spirit, and Land Star brands; intelligent wind farm control systems; wind power operation and maintenance services; and digital energy management platforms that optimize turbine performance and grid integration. It primarily serves utility-scale developers, renewable energy operators, and power grid companies in the wind energy sector, with operations spanning China, Europe, Southeast Asia, and other international markets. Founded in 2000 and headquartered in Shanghai, China, as a subsidiary of Shanghai Electric Group, the company focuses on large-scale wind turbine technology and has expanded into floating offshore wind solutions to support global energy transitions. Its wind turbines feature advanced blade designs, direct-drive permanent magnet generators, and modular platforms for enhanced reliability and efficiency across diverse wind regimes. Shanghai Electric Wind Power targets key growth areas such as high-altitude, low-wind-speed, and deep-water offshore projects, delivering integrated solutions from engineering procurement to lifecycle services. In the past two years, the company has pursued strategic expansions including new product launches such as the 16 MW offshore wind turbine prototype and the 12 MW+ platforms for floating foundations, alongside partnerships with international firms for technology localization in Europe and Southeast Asia. It completed significant funding through its 2023 STAR Market IPO and subsequent capital raises to fund R&D in next-generation turbines and supply chain enhancements. Recent operational shifts involve scaling production capacity at its Shanghai and Wuxi facilities to meet surging domestic and export demand, with a focus on carbon-neutral manufacturing processes.