Sunshine Energy (00757.HK) 2025 revenue decreased by 34.5% to 2.428 billion yuan

NightAirdropper · 2026-03-26T22:47:01+00:00

Sunshine Energy's announcement shows that the expected revenue for 2025 will decrease by 34.5% to approximately 2.428 billion yuan, with the loss attributable to shareholders of the parent company expected to increase to about 285 million yuan. The main reasons are the transformation of the photovoltaic industry, reduced revenue and gross profit, and the impact of asset impairment losses. Supply and demand imbalance and declining product prices are the primary factors.

NightAirdropper

2026-03-26 22:47:01

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Gelonghui, March 26 — Sunshine Energy (00757.HK) announced that by 2025, the group’s revenue will decrease by 34.5% to approximately RMB 2.428 billion from about RMB 3.706 billion for the year ending December 31, 2024. The net loss attributable to the parent company’s shareholders for the year is approximately RMB 285 million, compared to a net loss of about RMB 227 million for the year ending December 31, 2024. This is mainly due to decreased revenue and gross profit, as well as recognized asset impairment losses.

The revenue decline is primarily due to the photovoltaic industry entering a phase of transformation and restructuring. Although the industry’s measures to “counter overcapacity” have achieved positive results, with supply chain prices gradually bottoming out and rebounding, ongoing structural overcapacity inertia has led to persistent supply and demand imbalances, resulting in weak overall performance for the group. During the year, the average selling prices of major products continued to decline, leading to reduced revenue from photovoltaic modules.

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