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Trades about 72% below its sector, cheaper than its peers on earnings.
Operating internationally through its various subsidiaries, Sanden Corporation focuses on the production and distribution of automotive equipment systems. Their comprehensive range of automotive air-conditioning solutions encompasses full system units, condensers, evaporators, heater cores, electric coolant heaters, specialized AC piping, and intercoolers, as well as complete heating, ventilation, and air-conditioning (HVAC) units. The company is also a significant producer of compressors for automotive air conditioning, including electric models, variable displacement types like swash plate and wobble plate designs, fixed displacement types such as wobble and scroll plate, and CO2 compressors. Beyond the automotive sector, Sanden also provides systems for residential and environmental applications. Established in 1943 with its headquarters in Isesaki, Japan, the company was known as Sanden Holdings Corporation until its name change to Sanden Corporation in January 2022. Sanden Corporation is a subsidiary of Hisense Japan Automotive Air-Conditioning Systems Corporation.
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