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Research Report Highlights | Soochow Securities: Sanhua Intelligent Controls Q2 Performance Surpasses Expectations, 'Buy' Rating Reaffirmed
1 day ago /
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Author：小编
Sanhua Intelligent Controls has surpassed expectations in its Q2 performance, bolstered by heightened demand in the refrigeration and air conditioning market, an uptick in orders within the automotive components segment, and effective cost optimization measures. Revenues for Q2 are anticipated to grow by 20%-30% year-on-year, augmented by the positive impact of export expansion and the alleviation of US tariffs. To mitigate trade risks, the company is expediting the construction of its Thai facility. Despite short-term setbacks in mass producing humanoid robots, Sanhua's Tier 1 position remains firm, indicating substantial potential for future profit growth. Therefore, we maintain our 'Buy' rating.
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