SANHUA(SZ:002050) Zhi Tong Cai Jing·2025-09-01 10:16Core Viewpoint - Goldman Sachs reports that Sanhua Intelligent Controls (002050) exceeded expectations in Q2 performance, with operating revenue reaching 8.593 billion RMB and net profit at 1.207 billion RMB, representing year-on-year increases of 19% and 39% respectively, surpassing the bank's forecasts by 3% and 14% [1] Financial Performance - Operating revenue for Q2 was 8.593 billion RMB, a 19% year-on-year increase [1] - Net profit for Q2 was 1.207 billion RMB, a 39% year-on-year increase [1] - The company's performance exceeded Goldman Sachs' expectations by 3% for revenue and 14% for net profit [1] Earnings Forecast - Based on improved profitability outlook and better-than-expected revenue from HVAC business, Goldman Sachs raised its earnings per share forecast for 2025 to 2030 by 8% to 11% [1] - The target price for A-shares was increased from 30.4 RMB to 32.7 RMB [1] - The target price for H-shares was raised from 33.2 HKD to 34.4 HKD [1]