Tianshui Huatian Technology Co.: Q3 net profit surged 135.40% year-over-year on strong revenue and non-recurring gains

Revenue grew 15.81% year-over-year to ¥7.78 billion, with net profit up 1.68% and strong gains in automotive and memory segments. Advanced packaging, automation, and cost controls remain strategic priorities amid industry recovery.

Original document: Tianshui Huatian Technology Co., Ltd. Class A [002185] Interim report — Aug. 19 2025

China and the U.S. rolling back tariffs should inject positive sentiment into Hong Kong and Chinese equities, Citi Research analysts say. While the reductions will last for 90 days, bilateral discussions will continue, Pierre Lau and others write in a note. Citi flags communications infrastructure, tech hardware, solar equipment, and semiconductors as the sectors that are most sensitive to tariffs. Among the firms with the largest profit mix generated from the U.S. are: Innolight, Eoptolink, TFC Optical, Tongfu, JCET, Jinko and JA Solar. Citi prefer H- to A-shares on a 12-month basis, assuming more rate cuts in the U.S.--benefitting HKD-- than in China. It is overweight on internet, tech and consumer sectors, with top picks including Tencent, Huaneng Power, Trip.com, BYD, AIA, Atour and Anta.(fabiana.negrinochoa@wsj.com)

China and the U.S. rolling back tariffs should inject positive sentiment into Hong Kong and Chinese equities, Citi Research analysts say. While the reductions will last for 90 days, bilateral discussions will continue, Pierre Lau and others write in a note. Citi flags communications infrastructure, tech hardware, solar equipment, and semiconductors as the sectors that are most sensitive to tariffs. Among the firms with the largest profit mix generated from the U.S. are: Innolight, Eoptolink, TFC Optical, Tongfu, JCET, Jinko and JA Solar. Citi prefer H- to A-shares on a 12-month basis, assuming more rate cuts in the U.S.--benefitting HKD-- than in China. It is overweight on internet, tech and consumer sectors, with top picks including Tencent, Huaneng Power, Trip.com, BYD, AIA, Atour and Anta.(fabiana.negrinochoa@wsj.com)

Revenue grew 14.9% year-over-year, but net profit swung to a loss due to sharp declines in investment income and negative fair value changes. Cash flow from operations improved, while leverage increased with higher short-term borrowings.

Original document: Tianshui Huatian Technology Co., Ltd. Class A [002185] Interim report — Apr. 30 2025

Revenue grew 28% to RMB 14.46 billion and net profit surged 172% to RMB 616 million in 2024, driven by strong order growth and capacity utilization. The company completed major fundraising projects, expanded advanced packaging, and set a 2025 revenue target of RMB 15.9 billion.

Original document: Tianshui Huatian Technology Co., Ltd. Class A [002185] Interim report — Apr. 1 2025

Tianshui Huatian Technology's net profit attributable to shareholders in 2024 soared 172% year on year to 616.3 million yuan or 0.19 yuan per share, according to a Shenzhen Stock Exchange disclosure on Tuesday.

The attributable profit a year earlier was 226.3 million yuan or 0.07 yuan per share.

The Chinese analog testing services provider's operating income climbed 28% to 14.5 billion yuan from 11.3 billion yuan in the previous year.