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Producer Manufacturing

Sany Heavy Industry Co., Ltd.

Company Background

Sany Heavy Industry is a major Chinese construction equipment maker based in Changsha, Hunan Province. It has the one of the world's top share in heavy equipment including road rollers and concrete pumps. The company is listed on the Shanghai Stock Exchange.

The company has large plants in five Chinese cities, including Shanghai and Beijing. It also has research and development centers and production bases in the U.S., Germany and India. Reinvesting 5-7% of total sales to research and development each year, the company developed a very large concrete pump truck with an 86-meter-long arm.

Sany Heavy Industry began as a welding material plant established by the current Chairman Liang Wengen and others in 1989. The company entered the construction equipment business in 1994 by domestically producing concrete pumps. In 2012, the company acquired major German concrete pump maker Putzmeister Holding as part of its efforts to expand overseas operations.

Business Summary

Sany Heavy Industry Co., Ltd. engages in the manufacturing and selling of construction engineering machineries, heavy lifting machineries, parking warehouse, common equipment, mechanical and electrical equipment products. It also engages in the R&D and distribution of engineering machinery types such as construction machinery, road construction machinery, and hoisting machinery. Its products include the concrete pump, truck mounted concrete pump, concrete batching plant, asphalt batching plant, roller, asphalt paver, motor grader, truck crane, crawler crane, of which the market shares of truck mounted concrete pump, concrete pump, and full hydraulic roller stand and the production of pump truck stand. The company was founded by Tang Xiu Guo on November 22, 1994 and is headquartered in Changsha, China.

Financial Highlights

Dec 2020 CNYUSD
Revenue99,646.76M14,436.88M
Gross Profit28,934.59M4,192.06M
Operating income17,243.88M2,498.30M
Income before tax18,502.33M2,680.62M
Net income15,431.46M2,235.72M
EBITDA19,138.27M2,772.76M
Diluted EPS1.830.26
Dividends Per Share0.600.08
Total Assets126,254.54M19,305.56M
Total liabilities67,532.43M10,326.37M
Total equity56,562.46M8,648.95M
Operating cash flow15,029.61M2,177.49M
Currency in CNYCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 23,060.51M 38,055.86M 55,495.14M 75,859.55M 99,646.76M
Gross Profit 5,268.30M 10,757.05M 15,940.85M 23,935.53M 28,934.59M
Operating income 659.79M 3,768.24M 7,568.94M 12,805.95M 17,243.88M
Income before tax 9.49M 2,766.60M 7,421.97M 13,482.31M 18,502.33M
Net income 203.45M 2,092.25M 6,116.28M 11,325.92M 15,431.46M
EBITDA 2,757.53M 5,681.69M 9,501.12M 14,826.92M 19,138.27M
Diluted EPS 0.02 0.26 0.74 1.36 1.83
Dividends Per Share 0.01 0.18 0.26 0.42 0.60
Total Assets 62,355.28M 59,297.28M 73,955.58M 99,241.53M 126,254.54M
Total liabilities 39,180.11M 33,089.09M 41,393.23M 50,416.61M 67,532.43M
Total equity 22,312.80M 25,102.26M 31,273.38M 47,151.47M 56,562.46M
Operating cash flow 3,469.15M 9,014.83M 9,226.01M 12,572.39M 15,029.61M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 3,471.10M 5,631.04M 8,386.73M 10,978.45M 14,436.88M
Gross Profit 792.99M 1,591.69M 2,409.07M 3,463.96M 4,192.06M
Operating income 99.31M 557.57M 1,143.86M 1,853.28M 2,498.30M
Income before tax 1.42M 409.36M 1,121.65M 1,951.17M 2,680.62M
Net income 30.62M 309.58M 924.32M 1,639.09M 2,235.72M
EBITDA 415.06M 840.70M 1,435.86M 2,145.76M 2,772.76M
Diluted EPS 0.00 0.03 0.11 0.19 0.26
Dividends Per Share 0.00 0.02 0.03 0.06 0.08
Total Assets 8,972.62M 9,105.84M 10,771.74M 14,247.17M 19,305.56M
Total liabilities 5,637.83M 5,081.24M 6,028.99M 7,237.83M 10,326.37M
Total equity 3,210.70M 3,854.77M 4,555.01M 6,769.09M 8,648.95M
Operating cash flow 522.18M 1,333.90M 1,394.28M 1,819.48M 2,177.49M

Valuation Measures

Dec 2020
PER19.01
ROA13.68%
ROE29.75%
Operating margin17.30%
Profit margin15.48%

Key executives

  • Vice Chairman, President & General Manager: Wen Bo Xiang
  • Chief Financial Officer: Hua Liu
  • Director & Senior Vice President: Xiao Gang Yi
  • Vice President: Tarek Amri
  • Group Accounting Manager: Ellyn Shenglin Cai

Shareholders

  • LIANG WEN GEN (32.9%)
  • China Securities Finance Corp. Ltd. (2.7%)
  • Aegon-Industrial Fund Management Co., Ltd. (1.8%)
  • Monetary Authority of Macao (Investment Management) (0.9%)
  • China Investment Corp. (Investment Management) (0.9%)
  • Bosera Asset Management Co., Ltd. (0.9%)
  • Sany Heavy Industry Co., Ltd. (0.9%)
  • E Fund Management Co., Ltd. (0.8%)
  • China Asset Management Co., Ltd. (0.8%)
  • Harvest Fund Management Co., Ltd. (0.8%)

Contact Details

  • Website:http://www.sanyhi.com
  • Address: SANY Industrial Park, No.8 Beiqing Road, Huilongguan Town, Beijing, 102206, China
  • Phone: +86.10.60738888

Related Companies

  • SANY Financial Leasing Co., Ltd.
  • Sany Heavy Industry Northwest Co., Ltd.
  • Changde Sany Machine Co., Ltd.
  • Sany Special Purpose Vehicle Co., Ltd.
  • Beijing Sany Intelligent Technology Co., Ltd.
  • Shanghai Sany Heavy Machine Co., Ltd.
  • Sany Foundation
  • LouDi ZhongXing Hydraulic Components Co., Ltd.
  • Loudi Zhongyuan New Materials Co., Ltd.
  • Zhejiang Sany Equipment Co., Ltd.
  • Ste Transmission Equipment Co., Ltd.
  • Hunan Sany Port Machinery Co., Ltd.
  • Sany Heavy Industry Co. Ltd. ESOP
  • Hunan Sany Zhongyang Machinery Co., Ltd.
  • Sany Automobile Hoisting Machinery Co.,Ltd.
  • Sany Road Machinery Co. Ltd.
  • SANY Europe GmbH
  • Hunan Sany Pumping Machinery Co., Ltd.
  • Sany International Development Ltd.
  • 31 Middle East Co.
  • 31 Port Machinery Co. Ltd.
  • SANY Heavy Industry Co. Ltd. (Guangdong Branch)
  • Sany European Machinery SL
  • SANY Belgium Holding SA
  • 31 Russia Europe Ltd.
  • SANY Southern Africa Pty Ltd.
  • SANY Heavy Industry North Africa Co. Ltd.
  • SANY Middle & West Africa Co. Ltd.
  • SANY Australia Pty Ltd.
  • SANY East Asia Co. Ltd.

Competitors

  • BAUER AG
  • Terex Corporation
  • Caterpillar Inc.
  • Wacker Neuson SE
  • Zoomlion Heavy Industry Science & Technology Co. Ltd. Class H
  • Inner Mongolia North Hauler Joint Stock Co., Ltd Class A
  • Cargotec Oyj Class B
  • Ferreycorp SA
Last Updated on 13 May, 2021

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