In "Major Banks," China International Capital Corporation raised the target price for SANY INT'L to 14.1 yuan with a rating of "Outperform Industry."

CICC published a research report stating that SANY INT'L (00631.HK) is expected to generate revenue of RMB 24.33 billion in 2025, an annual increase of 11.1%; net profit attributable to shareholders is expected to be RMB 1.78 billion, an annual increase of 62%. In the second half of last year, the company achieved revenue of RMB 12.097 billion, an annual increase of 8.5%, and net profit attributable to shareholders of RMB 484 million, an annual increase of 603%. The performance was below expectations due to goodwill impairment in emerging industries and expenses exceeding expectations.

The firm stated that it maintains its earnings per share forecast for 2026 at RMB 0.84 and introduces its earnings per share forecast for 2027 at RMB 1.02. Considering the company's strong cash flow and dividends, as well as the better-than-expected overseas large mining truck orders and broad prospects, the firm raised its target price by 66% to HKD 14.1, maintaining its rating as "outperform the industry."