Understanding the Market | SANHUA rose over 8%, hitting a new high since its listing; Goldman Sachs is optimistic about its growth potential in the humanoid robot actuator field
SANHUA's stock price rose over 8%, reaching a new high since its listing at HKD 30.82. Goldman Sachs is optimistic about its growth potential in the humanoid robot actuator field, expecting a compound annual growth rate of 19% for revenue and net profit from 2025 to 2030. The company holds multiple patents in the robot actuator field and has established several production bases overseas, anticipating that this business will contribute 25% and 18% of total revenue and net profit by 2030
According to Zhitong Finance APP, SANHUA (02050) rose over 8%, reaching a new high of HKD 30.82 since its listing. As of the time of publication, it was up 8.03%, priced at HKD 30.68, with a transaction volume of HKD 233 million.
In terms of news, Goldman Sachs pointed out that SANHUA is a global leader in HVAC control and thermal management components, optimistic about its growth potential in the field of humanoid robot actuators, which is built on its solid global market leadership in HVAC components and electric vehicle thermal management components. The bank expects SANHUA's revenue and net profit to have a compound annual growth rate of 19% from 2025 to 2030. The bank believes that humanoid robots are an important long-term technological trend, and SANHUA, as a highly visible actuator assembler, is expected to play a key role in the supply chain, predicting that by 2030, this business segment will contribute 25% and 18% of total revenue and net profit, respectively.
CICC stated that the robotic joint assembly business brings a new growth curve, with the company possessing multiple advantages such as synergy in motor and electronic control technology, large-scale production capacity, and upstream and downstream collaboration in the supply chain. Currently, the company has laid out multiple patents in the field of robotic actuators, further enhancing its product competitive advantage. In addition, the company has established overseas production bases in Poland, Thailand, Vietnam, and Mexico, with 13 factories overseas to achieve localized production capacity. From 2017 to 2024, overseas revenue accounted for over 45%. The bank believes that the company has built a moat in lean production management, customized development for global clients, and sufficient long-term R&D reserves, empowering the company to achieve steady growth in its traditional main business and rapid expansion in new businesses
