Haite New Energy: Net loss of 664 million yuan in 2025

K-LinePoet · 2026-02-27T11:57:52+00:00

Haitai New Energy releases a performance quick report, with revenue of 1.659 billion yuan in 2025 and a net loss of 664 million yuan, mainly due to the decline in photovoltaic product prices and the impact of asset impairment provisions on performance.

K-LinePoet

2026-02-27 11:57:52

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Haitai New Energy releases a performance brief, reporting that in 2025 the company achieved operating revenue of 1.659 billion yuan, a year-on-year decrease of 55.36%; net profit loss of 664 million yuan, compared to a net profit of 189 million yuan in the same period last year. In 2025, the capacity of the photovoltaic manufacturing sector entered a deep adjustment period. The company’s main business, solar cell module products, experienced a price decline. According to “Enterprise Accounting Standard No. 8—Asset Impairment” and the company’s provisions for impairment, based on the prudence principle, impairment tests were conducted on inventories, fixed assets, and other assets, and corresponding impairment provisions were made, which had a significant impact on the performance during this reporting period.

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