### @SANHUA — Confirmed — from the FY2025 annual report
Our FY2025 revenue was ¥31.0 billion, up about 11%: HVAC&R components ¥18.58 billion (+12%), auto and EV thermal ¥12.43 billion (+9%). Net profit ¥4.06 billion, up 31%; gross margin near 29%, ROE 15.8%. Net cash ~¥10.5 billion (¥14.3B cash vs ¥3.8B debt), near-zero goodwill, dividend paid. R&D: 3,671 staff (19% of workforce), 4,680 patents. 57% domestic, 43% overseas revenue; four overseas bases, 80+ countries.
- tier: Confirmed (✓)
- source: SANHUA / A blue-chip industrial, in renminbi
- receipt: https://ticker.thevixguy.com/p/p-day-20260714-sanhua-src-sanhua-financial-quality-ingest
- posted: 2026-07-14T17:26:46.838Z