---
title: "According to \"Blue Chip,\" XINYI SOLAR's annual net profit is RMB 845 million, a decrease of approximately 16%, with a dividend of HKD 0.08"
description: "XINYI SOLAR announced its full-year results for the year ending December last year, with revenue of RMB 20.861 billion, a year-on-year decrease of 4.8%; net profit of RMB 845 million, a year-on-year d"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/277177238.md"
published_at: "2026-02-27T09:48:43.000Z"
---

# According to "Blue Chip," XINYI SOLAR's annual net profit is RMB 845 million, a decrease of approximately 16%, with a dividend of HKD 0.08

> XINYI SOLAR announced its full-year results for the year ending December last year, with revenue of RMB 20.861 billion, a year-on-year decrease of 4.8%; net profit of RMB 845 million, a year-on-year decrease of 16.2%. Earnings per share were 9.29 cents, with a final dividend of 0.8 Hong Kong cents. The overall gross profit margin increased from 17.6% in 2024 to 21.4% in 2025. Despite a decrease in the daily melting volume of solar glass, annual sales still grew by 4.2%, with overseas sales increasing by 36%. The group will suspend two solar glass production lines to respond to market fluctuations

XINYI SOLAR (00968.HK) announced its full-year results for the year ending last December, with revenue of RMB 20.861 billion, a year-on-year decrease of 4.8%. Net profit was RMB 845 million, a year-on-year decrease of 16.2%; earnings per share were 9.29 cents. A final dividend of HKD 0.8 was declared, with no dividend paid in the same period last year.

The overall gross profit margin increased from 17.6% in 2024 to 21.4% in 2025, mainly due to the profit margin growth in the solar glass business.

In the first half of last year, the group's average daily melting volume of solar glass was 23,200 tons, which decreased to 21,400 tons in the second half. Although production decreased, annual sales volume increased by 4.2% due to reduced inventory, with overseas sales of solar glass increasing by 36% year-on-year. The proportion of overseas sales rose from 23.3% in 2024 to 33.5% in 2025, primarily driven by the markets in the United States and India, where demand continued to rise after the new solar module production capacity came online. The group continues to promote overseas capacity expansion, including existing operational facilities in Malaysia and a new production base under construction in Indonesia.

Additionally, in light of slowing downstream demand and increased market volatility, the group suspended operations of two solar glass production lines in China with a total daily melting capacity of 1,800 tons in July 2025, aiming to strategically manage inventory levels and operational risks while supporting the industry-wide adjustment of supply to alleviate the significant price pressure caused by the sharp decline in demand following China's rush to install

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.