1 September 2025 | 1:11PM CST United Imaging (688271.SS): Earnings review: 1H25 results in line while China growth beat; TP up to Rmb174; Buy United Imaging released its 1H25 results on Aug 29, 2025. Both its revenue (Rmb6,016mn, +13% yoy) and net profit (Rmb998mn, +5% yoy) were in-line with GSe (Rmb5,887mn/957mn, respectively). Notably, China growth in 1H25 is +11% yoy, implying c.22% yoy growth in 2Q25 per our estimation. Revenue breakdown: From a product perspective, among the company's five product line ...