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Xinjiang Goldwind Science & Technology Co Ltd Class H (DE:CXGH)
FRANKFURT:CXGH
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 15, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.04Last Year’s EPS
0.06Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 25, 2025
|% Change Since: 15.89%
|Next Earnings Date:Aug 15, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with significant achievements in global installations, increased profitability, and advancements in sustainability. However, challenges remain with decreased profit margins in wind farm development and a high asset liability ratio.Company Guidance
During the Goldwind Science & Technology 2024 Annual Result Announcement, various metrics and financial insights were shared to highlight the company's performance and industry position. In 2024, global wind power installations reached 121.6 gigawatts, with a 3.9% increase, and China alone contributed 85.5 gigawatts. The company's revenue rose by CNY 6 billion, and the comprehensive profit margin increased to 13.8%. Wind turbine manufacturing and sales accounted for 68.87% of the revenue, with turbine sales growing by 16.6%. The company's order backlog reached a historic 47.4 gigawatts, with 45.1 gigawatts in external orders. Goldwind's global operations saw cumulative wind turbine installations of 135 gigawatts across 38 countries, and their overseas order backlog was 7,031.82 megawatts. In terms of sustainability, the company achieved carbon neutrality in operations, with 61.8% of activities powered by green electricity. Furthermore, they reduced electricity consumption by 6.55 million kilowatt hours and carbon emissions by 3,949 tons in 2024. The presentation also highlighted the company's strategic focus on sustainable development and market value management in line with regulatory guidelines.Record Global Wind Power Installations
Global new wind power installations in 2024 achieved 121.6 gigawatts, growing by 3.9% year-over-year, with offshore wind installations increasing by 6%.
Strong WTG Manufacturing and Sales Growth
WTG manufacturing and sales accounted for 68.87% of revenue, growing significantly, with external sales reaching 16 gigawatts, an increase of 16.6%.
Increased Profitability
The comprehensive profit margin improved to 13.8%, up by 0.74%, with a significant reduction in income tax by CNY 750 million.
Sustainable Development Achievements
Goldwind achieved 61.8% of global production powered by green electricity, and developed a recyclable wind turbine blade with over 97% recyclable materials.
Positive Future Outlook
Forecasts from IEA and GWEC indicate promising growth in both onshore and offshore wind power installations, with significant increases expected by 2030.
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Xinjiang Goldwind Science & Technology Co (DE:CXGH) Earnings, Revenues Date & History
DE:CXGH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:CXGH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 25, 2025 | €0.54 | €0.53 | -0.93% |
| Mar 28, 2025 | €0.63 | €0.60 | -3.97% |
| Oct 25, 2024 | €0.82 | €0.82 | -0.12% |
| Aug 23, 2024 | €0.45 | €0.47 | +5.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Xinjiang Goldwind Science & Technology Co Ltd Class H (DE:CXGH) report earnings?
Xinjiang Goldwind Science & Technology Co Ltd Class H (DE:CXGH) is schdueled to report earning on Aug 15, 2025, TBA Not Confirmed.
What is Xinjiang Goldwind Science & Technology Co Ltd Class H (DE:CXGH) earnings time?
Xinjiang Goldwind Science & Technology Co Ltd Class H (DE:CXGH) earnings time is at Aug 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Xinjiang Goldwind Science & Technology Co Ltd Class H stock?
The P/E ratio of Xinjiang Goldwind Science & Technology Co is N/A.
What is DE:CXGH EPS forecast?
DE:CXGH EPS forecast for the fiscal quarter 2025 (Q2) is 0.04.
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