中国工业行业：2025 年四季度业绩前瞻：盈利表现稳健-China Industrials-4Q25 Preview Solid Earnings

February 3, 2026 03:24 PM GMT China Industrials | Asia Pacific 4Q25 Preview: Solid Earnings We expect solid earnings for most of our covered capital goods companes, with double-digit revenue growth and margin expansion, thanks to strong AI capex, favorable product mix, or higher overseas sales contribution. High commodity prices have negative impact on Hongfa, less impact on others. Preview to earnings | M | | | | | --- | --- | --- | --- | | Preview to earnings | | | | | Focus KPI | Focus KPI Surprise | Lik ...