Sanhe Tongfei Refrigeration Co Ltd: Financial Overview and Recent Developments
Sanhe Tongfei Refrigeration Co Ltd, a prominent Chinese company listed on the Shenzhen Stock Exchange, specializes in the design, production, and sale of refrigerators and freezers. As of August 26, 2025, the company’s close price stood at 70.3 CNY, with a 52-week high of 80.78 CNY on August 17, 2025, and a 52-week low of 23.66 CNY on September 12, 2024. The market capitalization of Sanhe Tongfei Refrigeration Co Ltd is 11,933,376,026 CNY, and it has a price-to-earnings ratio of 56.29716.
Recent Institutional Research and Market Activity
On August 28, 2025, East Capital Fund conducted research on six publicly traded companies, including Sanhe Tongfei Refrigeration Co Ltd. The research highlighted the company’s strategic focus on expanding its market presence both domestically and internationally. The company’s efforts in optimizing coverage efficiency through new product launches, channel expansion, and digital operations have been noted as key drivers of growth.
Competitor Analysis: Tongfei Group
In a separate development, Tongfei Group (300990) received attention from 33 institutions on August 27, 2025. The company has been recognized for its strategic alignment with its development goals, focusing on providing comprehensive solutions in the industrial temperature control sector. Tongfei Group reported a significant increase in its first-half 2025 revenue, reaching 126,351.39 million CNY, a 58.04% year-over-year increase. The net profit attributable to shareholders was 12,489.49 million CNY, marking a 466.71% increase from the previous year. The gross profit margin improved to 23.65%, up by 2.77 percentage points, primarily due to the growth in the thermal control products for power electronics industry.
Investor Relations and Shareholder Movements
Tongfei Group’s investor relations activities have been robust, with a focus on strategic product applications in CNC equipment, power electronics, and other sectors. The company’s recent financial report indicated a net profit of 1.25 billion CNY for the first half of 2025, a substantial increase of 466.71% compared to the previous year. The company’s financial health has been assessed as generally good, with strong operational capabilities and excellent growth potential.
In terms of shareholder dynamics, Tongfei Group saw changes in its top ten shareholders, with new entries such as Hong Kong Central Clearing Limited and South China Innovation-Driven Mixed A Fund. These changes reflect the company’s evolving investor base and continued market interest.
Conclusion
Sanhe Tongfei Refrigeration Co Ltd and its competitor Tongfei Group have demonstrated strong financial performance and strategic growth initiatives in 2025. Both companies continue to focus on innovation and market expansion, positioning themselves as key players in the refrigeration and industrial temperature control sectors. Investors and market analysts will likely keep a close watch on their future developments and financial performance.