Stock Track | Goldwind Soars 7.42% Intraday on Strong Annual Profit Growth and Improved Turbine Margins

Stock Track
03/30

Goldwind's stock price surged 7.42% during intraday trading on Monday, following the release of the company's robust 2025 financial results.

The significant price movement was driven by the company reporting operating revenue of approximately RMB 73.023 billion, representing a year-on-year increase of 28.79%. Net profit attributable to shareholders reached about RMB 2.774 billion, up 49.12% compared to the previous year.

Analysts noted that the company's wind turbine manufacturing business showed a significant recovery in gross margin, reaching 8.95% in 2025 - an increase of 3.9 percentage points year-on-year. This improvement was supported by an optimized shipment structure with higher proportions of overseas and offshore deliveries, as well as cost optimization from increased large-megawatt turbine production.

Goldwind also maintains a strong order backlog with external orders totaling 50.5 GW as of the end of 2025, up 12% year-on-year. Overseas orders grew 31.8% to 9.3 GW, accounting for 18% of total orders and providing solid support for future performance growth.

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