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[6-K] Leishen Energy Holding Co., Ltd. Current Report (Foreign Issuer)

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Rhea-AI Filing Summary

Leishen Energy Holding Co., Ltd. reported fiscal year 2025 results that show weaker core operations but a stronger balance sheet. Total revenues fell from USD $63.5 million to USD $48.3 million amid an economic downturn, oil and gas market softness, customer cost pressures, and China‑U.S. trade tensions.

Gross profit declined from USD $16.0 million to USD $8.5 million, while operating expenses rose from USD $8.5 million to USD $10.2 million as the company invested in international expansion and R&D. Net income remained positive, supported by short‑term investment income and gains from disposing of equity investments, with net income attributable to Leishen Energy at USD $1.25 million, down USD $6.84 million year over year.

Management describes 2025 as a transition year following the IPO, emphasizing low financial leverage, improved liquidity, and plans for 2026 focused on international growth, technology and patent development, customer diversification, and tighter cost control.

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Insights

Revenue and profit weakened, but leverage is low and cash flow supports a transition year.

Leishen Energy saw core pressure in fiscal 2025, with total revenues dropping from USD $63.5 million to USD $48.3 million and gross profit falling from USD $16.0 million to USD $8.5 million. Rising operating expenses to USD $10.2 million reflect heavier spending on overseas expansion and R&D despite lower sales.

Profitability narrowed sharply, as net income attributable to the company fell to USD $1.25 million, a USD $6.84 million decline year over year, and was sustained mainly by non‑operating gains from investments and asset disposals. Management frames this as a transition period after the IPO, highlighting low financial leverage, stronger liquidity, and 125 patents across clean energy and oil and gas services.

The strategy for fiscal 2026 centers on international expansion in Central Asia, Southeast Asia, and the Middle East, deeper customer diversification, and tighter cost control. Actual outcomes will depend on execution in these new markets and the broader oil and gas demand environment.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of February 2026

 

Commission File Number 001-42445

 

Leishen Energy Holding Co., Ltd.

(Translation of registrant’s name into English)

 

No. 528, 4th Avenue, 103 Huizhong Li, B Building, Peking Times Square, Unit 15B10, Chaoyang District, Beijing, China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

On February 15, 2026, Leishen Energy Holding Co., Ltd. (the “Company”) issued a press release announcing financial highlights for the fiscal year ended September 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report on Form 6-K.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Leishen Energy Holding Co., Ltd.
     
Date: February 17, 2026 By:  /s/ Hongqi Li
    Hongqi Li
    Chairman of the Board of Directors

 

 

 

 

EXHIBIT INDEX

 

Exhibit

Number

  Description
99.1   Press Release: Leishen Energy Holding Co., Ltd. Announces Fiscal Year 2025 Financial Results Highlighting Strong Operating Cash Flow and Low Financial Leverage

 

 

 

 

Exhibit 99.1

 

Leishen Energy Holding Co., Ltd. Announced Fiscal Year 2025 Financial Results Highlighting Strong Operating Cash Flow and Low Financial Leverage

 

Leishen Energy Holding Co., Ltd. (“Leishen Energy,” the “Company”) (Nasdaq: LSE), announced its fiscal year 2025 financial results on January 30, 2026, reflect a transition period: core operating performance weakened, but the Company strengthened its financial foundation through the IPO, reduced leverage, and improved liquidity. The Company’s cash position and low debt levels provide flexibility to address operational challenges, while continued improvements in asset quality help mitigate financial risks.

 

Fiscal Year 2025 Financial Highlights

 

Total revenues declined from USD $63.5 million to USD $48.3 million due to the economic downturn, particularly the overall sluggishness in the oil and gas market, coupled with customers’ cost pressures, weaker market demand, and the impact of the China-US trade tensions. The Company continues to expand into overseas markets and domestic natural gas trading businesses as part of its long-term growth strategy.

 

Gross profit fell from USD $16.0 million to USD $8.5 million due to revenue declines and persistent cost pressures.

 

Operating Expenses increased from USD $8.5 million to USD $10.2 million, largely due to higher selling and marketing costs associated with international market expansion, as well as increased research and development.

 

Net Income remains positive due to strong non-operating gains, including short-term investment income and gains from disposal of equity investments.

 

Net Income Attributable to Leishen Energy was USD $1.25 million, reflecting a decrease of USD $6.84 million year-over-year.

 

Segment Performance

 

1.Clean-Energy Equipment

 

  Revenue from clean-energy equipment sales accounted for 45.7% of our revenues. Revenue from clean-energy equipment sales decreased by $11,742,904 from $33,816,111. The decrease was mainly due to a decline in market demand, driven by the broader economic downturn. In addition, intensified domestic competition and customer cost-control measures led to a 10% to 40% reduction in selling prices for certain standardized products. The Company is actively pursuing the international market currently to drive future growth.

 

2.Digitalization and Integration Equipment

 

Revenue was USD $2.73 million, reflecting a modest year-over-year decline. Gross margin improved to 4.4% due to the implementation of effective cost control initiatives.

 

3.New Energy Sales

 

Revenue from New Energy sales accounted for 40.4% our revenues. The decrease was mainly due to the expiration of sales agreement with a major client. We are actively pursuing renewal of the agreement and expanding our customer base in the natural gas trading business.

 

4.Oil and Gas Engineering Technical Services

 

Revenue was USD $4.0 million, representing for 8.2% of our revenue.

 

This business segment is a key focus for the company, and the Company will continue to invest in this area to expand the scope and depth of the engineering and technical services. The Company expects that this segment will account for an increasing share of total revenue in the future.

 

 

 

 

Management Commentary

 

Hongliang Li, Chief Executive Officer of Leishen Energy, stressed that “Although our revenue and profitability declined during fiscal year 2025 due to macroeconomic challenges, including the global economic slowdown and China-U.S. trade tensions, we remain confident in our long-term competitiveness and strategic positioning. The fiscal year represented a period of transition rather than a reflection of our core capabilities. We are actively expanding our market presence and strengthening our operational resilience, and we believe our efforts will deliver improved performance in the coming year.”

 

Zhiping Yu, CFO, commented: “We are actively pursuing growth in both domestic and international markets. Looking ahead, we plan to invest more in R&D and international collaboration to strengthen our fundamentals. Although short-term shareholder returns may be affected by current market conditions, we are focused on our long-term capital strategy. By prioritizing key growth areas, we are confident in our ability to enhance future financial performance.”

 

Business Outlook

 

The Company plans to advance the following strategic priorities in fiscal year 2026 and beyond:

 

  International Expansion: Pursue overseas opportunities across Central Asia, Southeast Asia, and the Middle East, including the development of joint spare parts warehouses with major oilfields and the delivery of power plant operation and maintenance projects in Middle East.
     
  Technology and Innovation: Increase investment in R&D to further strengthen the Company’s patent portfolio, which currently includes 125 patents spanning clean-energy equipment, oil and gas engineering services, and new energy production and operations.
     
  Customer Diversification: Deepen engagement with long-standing domestic clients while building a stronger international pipeline, with a focus on digital solutions and integrated equipment sales.
     
  Operational Efficiency: Enhance cost control measures, reinforce supply chain management, and establish new supplier partnerships to better mitigate inflationary pressures and operational disruptions.
     
  Strengthening Partnerships with World-Leading Technology Brands:The Company will foster deeper collaboration with internationally renowned brands by integrating their advanced technologies and securing market support for spare parts and services. This strategy is designed to uphold superior product quality and sustain the competitiveness of our core products.

 

About Leishen Energy Holding Co., Ltd.

 

Leishen Energy is a provider of clean-energy equipment, digitalization and integration solutions, new energy sales, and oil and gas engineering technical services. The Company is committed to driving innovation and sustainable growth across the energy sector.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially. Leishen Energy undertakes no obligation to update any forward-looking statements except as required by law.

 

For more information, please contact:

 

Investor Relations Department

 

Email: ir@r-egroup.com

 

 

 

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