Sanhua Intelligent Controls forecasts significant earnings growth for 2025

Zhejiang Sanhua Intelligent Controls has issued a positive performance forecast for fiscal year 2025, projecting an increase in net profit attributable to shareholders. The company expects net profit to range between yuan 387,395.64 and yuan 464,874.77, representing a year-over-year growth of 25.00% to 50.00% compared to yuan 309,916.51 in the prior year. Diluted earnings per share are forecasted to be between yuan 0.98 and yuan 1.18, up from yuan 0.84.

Excluding non-recurring items, the company estimates net profit to be between yuan 367,916.36 and yuan 461,454.41, a rise of 18.00% to 48.00% from yuan 311,793.52 in 2024. These preliminary figures are based on internal calculations and have been discussed with its auditors, with no discrepancies noted.

The projected growth is primarily attributed to the company's sustained leadership in the refrigeration and air conditioning components sector, capitalizing on market demand and its technological advantages. Furthermore, strong performance in new energy vehicle thermal management, supported by premium orders from key clients, has significantly bolstered the automotive components business.