三花智控_2025 财年预告符合预期;预计未来两季度增长放缓
SANHUASANHUA(HK:02050)2025-12-23 02:56

22 December 2025 | 11:56PM HKT Equity Research Sanhua Intelligent Controls (002050.SZ): FY25 pre-announcement in line; continue to expect two qtrs of growth moderation while FY26 Sanhua 2025 pre-announcement in line with GSe: On Dec 22 post market close, Sanhua pre-announced 2025 net income to land in the range of Rmb3,874mn-4,649mn, or up 25%-50% yoy (vs. GSe of Rmb4,273mn, +38% yoy at the mid-point). Implied 4Q25 net profit lands in the range of Rmb634mn-1,406mn, ranging from -21% to +76% yoy (vs. GSe of ...