SINOTRUK

Sinotruk declined 3.4% to HKD40.48 today, with morning session losing more ground to HKD39.76 before afternoon recovery, primarily reflecting profit-taking after recent strong gains. Yet fundamentals remain supportive—Citi raised its target price to HKD55 early this week, expecting first-half revenue growth of 40% YoY, while Goldman Sachs also increased its stake. Q4 earnings support this optimism: EPS of HKD0.7227 surged 46.17% YoY, revenue of HKD32.617B climbed 32.62%, and net profit of HKD19.97B soared 46.45%. On valuation, the stock has gained 45.93% year-to-date and sits 16.36% below its 52-week high of HKD48.4, trading at a PE of 14.38x.

Sinotruk (3808.HK) fell 4.8% to close at HKD 40.08, primarily due to profit-taking pressure after a sustained rally and the progressive pricing-in of multiple analyst upgrades. Citi reaffirmed its Buy rating with a target price of HKD 55 this week, following a string of recent upgrades that reflect confidence in strong July truck export momentum and continued favorable demand through mid-August. The earnings backdrop remains compelling: Q4 EPS reached HKD 0.7227, up 46.17% year-over-year, while operating revenue grew 32.62% to HKD 32.6 billion and net profit surged 46.45%, underlining both revenue scale expansion and bottom-line strength. On valuation, the stock has rallied 44.48% year-to-date from HKD 27.74 and sits approximately 17% below the 52-week high of HKD 48.4 struck in mid-June, suggesting high expectations are already reflected in the current price. That said, the current P/E of 14.24 appears modest relative to the company's 40%+ earnings growth rate, potentially offering further upside if export strength proves sustainable.

Sinotruk Hong Kong rose 1.79% to HK$42.10 today, with strong momentum in the morning session pushing the stock to HK$42.26 before a mild pullback in the afternoon. The gain is driven by sustained institutional optimism: Citi raised its price target to HK$55 and noted that strong July export data should support the stock's upward trajectory through mid-August, while Goldman Sachs also increased its stake. This institutional confidence is underpinned by solid fundamentals, with the company posting EPS growth of 46% and 38% in the recent two quarters, accompanied by revenue expansion of 32% and 25%. On valuation, the stock trades at a modest 14.96x PE. From a price perspective, the stock has climbed 51.77% year-to-date and trades above both its 20-day and 60-day moving averages, though it remains roughly 13% below the 52-week high of HK$48.4.

Stock declined about 3.4% today amid profit-taking after recent advances. The intraday high of HK$42.38 hit at 10:05 AM gave way to afternoon weakness, testing lows near HK$40.76. Solid fundamentals underpin the downside: Q4 revenue surged 32.62% year-over-year to HK$32.62 billion, net profit jumped 46.45% to HK$1.997 billion, with EPS of HK$0.7227 up 46.17% YoY. Analyst support remains firm—Citi raised target price to HK$55 while Bank of America set guidance at HK$51, forecasting 40% H2 revenue growth from export strength. The stock has risen 49.1% year-to-date and sits 14.55% below its 52-week high of HK$48.4, yet trades above both 20-day and 60-day moving averages at a reasonable 14.69x PE.

SINOTRUK surged 10.82% to close at HKD42.82 today, driven primarily by Citi's elevated price target of HKD55 coupled with expectations for 1H revenue growth of 40% year-over-year, reflecting confidence in the company's execution. Latest earnings provide robust support for the momentum, with Q4 2025 delivering EPS of HKD0.7227 and operating revenue of HKD32.62 billion, translating into impressive year-over-year gains of 46.17% and 32.62% respectively, while net profit surged 46.45%. These metrics underscore the strength in the heavy-duty truck segment. From a pricing perspective, the stock is up 54.36% year-to-date and trades decidedly above both its 20-day and 60-day moving averages, though it remains 11.53% below the 52-week high of HKD48.4. Goldman Sachs' recent stake increase reinforces growing institutional confidence, with the current PE of 15.2 appearing reasonably supported by the demonstrated earnings momentum.