Sany Heavy Equipment International Holdings Co, the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Wayne Fung from CMB International Securities reiterated a Buy rating on the stock and has a HK$8.70 price target.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Wayne Fung’s rating is based on Sany Heavy Equipment International Holdings Co’s strong financial performance and growth prospects. The company reported a significant increase in net profit for the first half of 2025, with expectations of a 25-35% year-over-year growth, indicating a positive trajectory. This growth is driven by robust demand for large-size port equipment and stable demand for road headers and domestic mining trucks.
Additionally, the domestic mining equipment segment is showing signs of stabilization, supported by increased coal mining investments in China. The company’s earnings forecast remains unchanged, but there is potential upside due to the contribution of new business ventures, such as lithium batteries, which help balance seasonal fluctuations. Despite some risks, such as potential weaknesses in coal mining activities and uncertainties in US tariff policies, the current valuation and early stage of earnings recovery present an attractive entry point for investors.
According to TipRanks, Fung is a 4-star analyst with an average return of 13.1% and a 59.32% success rate. Fung covers the Industrials sector, focusing on stocks such as Sany Heavy Equipment International Holdings Co, J&T Global Express Limited, and Ehang Holdings.