Recently, Sieyuan Electric and Shengxin Lithium Energy have respectively released their 2025 earnings forecasts, revealing sharply contrasting levels of industry prosperity and operating performance.
Sieyuan Electric: Revenue Surpasses RMB 20 Billion, Net Profit Surges
On the evening of January 15, Sieyuan Electric released its 2025 preliminary earnings report. The data show that the company delivered strong performance during the reporting period, achieving total operating revenue of RMB 21.205 billion, representing a year-on-year increase of 37.18%. Net profit attributable to shareholders of the listed company reached RMB 3.163 billion, up 54.35% year on year.
In explaining the rapid growth in performance, Sieyuan Electric stated in its announcement that the company has capitalized on development opportunities arising from the new-type power system, actively cultivated new-quality productive forces, and boldly expanded into new international markets. By continuously increasing investment in innovation and tapping into operational potential, the company has successfully accelerated its overall development.
It is worth noting that despite the significant increase in profit, net cash flow from operating activities during the reporting period amounted to RMB 2.228 billion, a slight decline of 9.54% compared with the same period last year, due to factors related to operating activities.
Shengxin Lithium Energy: Still in the Red, but Signs of Recovery Emerging
By contrast, Shengxin Lithium Energy continues to face certain operational pressures. According to its 2025 earnings forecast, the company expects a net loss attributable to shareholders of the listed company of between RMB 600 million and RMB 850 million for 2025, compared with a net loss of RMB 621 million in the previous year.
Although the company remains in a loss-making position overall, losses after excluding non-recurring gains and losses have narrowed. The net loss after deducting non-recurring items is expected to be between RMB 500 million and RMB 750 million, an improvement from the loss of RMB 897 million recorded in the same period last year.
Shengxin Lithium Energy explained that changes in performance during the reporting period were mainly affected by the industry’s supply-demand dynamics. In addition, the depreciation of the U.S. dollar led to higher recognized foreign exchange losses, further weighing on results. However, lithium product prices rebounded in the second half of the year, and the company’s Indonesian plant began sales and shipments, resulting in higher gross margins compared with the same period last year. As a result, operating performance has continued to improve.
Source：EnergyTrend