Zhangjiagang Haiguo New Energy Equipment Manufacturing Co., Ltd. (SHE:301063)

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Oil and Gas Equipment Forgings	673.08M	553.42M	521.28M	385.11M	184.74M
Oil and Gas Equipment Forgings Growth	21.62%	6.17%	35.36%	108.46%	-30.17%
Wind Power Equipment Forgings	738.84M	488.78M	530.48M	753.75M	681.40M
Wind Power Equipment Forgings Growth	51.16%	-7.86%	-29.62%	10.62%	18.64%
Mechanical Equipment Forgings	111.14M	59.07M	76.56M	84.50M	96.16M
Mechanical Equipment Forgings Growth	88.16%	-22.85%	-9.40%	-12.13%	7.44%
Other Forgings	219.46M	121.52M	33.91M	47.02M	28.27M
Other Forgings Growth	80.59%	258.40%	-27.89%	66.34%	-3.75%
Unallocated Other Income	134.21M	113.55M	95.56M	82.71M	68.76M
Unallocated Other Income Growth	18.19%	18.82%	15.54%	20.28%	22.42%
Total	1.88B	1.34B	1.26B	1.35B	1.06B
Total Growth	40.44%	6.25%	-7.04%	27.73%	4.48%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
China	1.24B	793.67M	701.93M	920.51M	854.18M
China Growth	56.20%	13.07%	-23.75%	7.77%	17.51%
Overseas	637.01M	542.67M	555.86M	432.58M	205.16M
Overseas Growth	17.39%	-2.37%	28.50%	110.85%	-28.52%
Total	1.88B	1.34B	1.26B	1.35B	1.06B
Total Growth	40.44%	6.25%	-7.04%	27.73%	4.48%

Source: S&P Global Market Intelligence.