Abstract

Xinjiang Goldwind Science & Technology Co., Ltd. will release its quarterly results on August 25, 2026 post-Market; this preview summarizes last quarter’s performance, current-quarter forecasts for revenue, margins, and EPS, and consolidates recent institutional commentary.

Market Forecast

Consensus indicates an improving earnings profile this quarter, with adjusted EPS estimated at 0.32 CNY, implying 28% year-over-year growth; revenue and margin guidance points to continued recovery, with the last reported quarter showing stabilization in gross profit margin and a net profit margin in the mid–single digits. The company’s core wind turbine manufacturing and sales business remains the main driver, supported by wind farm development and services; services are highlighted as a margin-supportive area.

The most promising segment is wind turbine manufacturing and sales with revenue of 60.34 billion CNY and expected to benefit from steady order execution; services, with revenue of 7.69 billion CNY, present resilient cash flow characteristics.

Last Quarter Review

The previous quarter delivered revenue of 15.42 billion CNY, a gross profit margin of 16.76%, GAAP net profit attributable to the parent company of 0.91 billion CNY, a net profit margin of 5.86%, and adjusted EPS of 0.208 CNY, with adjusted EPS growing 61.24% year over year. Quarter-on-quarter net profit growth was 377.51%, indicating a strong sequential rebound after prior softness. Main business revenue composition featured wind turbine manufacturing and sales at 60.34 billion CNY, wind farm development at 8.86 billion CNY, and wind power services at 7.69 billion CNY.

Current Quarter Outlook

Main business: Wind turbine manufacturing and sales

This quarter’s earnings trajectory depends on execution within the turbine manufacturing and sales segment, given its scale and leverage to pricing and raw-material cost dynamics. A higher mix of delivered megawatts and more favorable contract terms could maintain gross margin around the mid-teens, while stable component costs help prevent slippage. As backlog converts, working-capital intensity remains a variable that can influence EBIT conversion, especially around project delivery milestones.

Most promising business: Wind power services

The services operation tends to provide recurring revenue with steadier margin, supporting blended profitability and cash generation. With an installed base that continues to expand, aftermarket maintenance and upgrade packages can buffer margin against turbine price competition. Growth here is likely to outpace hardware on a margin basis, reinforcing overall profitability even if equipment pricing remains competitive.

Key stock price drivers this quarter

Investors are focused on the interplay between order intake, delivery cadence, and margin execution. Any signs that input costs or logistics offset expected margin gains could compress the earnings uplift implied by the EPS forecast. Conversely, clearer visibility into backlog conversion and disciplined bidding could sustain EPS growth, while policy support and project grid-connection schedules may influence the revenue recognition timeline.

Analyst Opinions

Most recent commentary tilts constructive, with the majority of opinions pointing to gradual earnings normalization supported by improving EPS and a more resilient services contribution. Analysts emphasize the 28% year-over-year increase in forecast EPS as evidence that profitability is stabilizing. The bullish camp highlights the sequential profit rebound last quarter and the potential for services to underpin margins through the current quarter’s delivery cycle.