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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 2019 CNYUSD
Revenue75,294.85M10,896.73M
Gross Profit23,644.24M3,421.81M
Operating income12,534.71M1,814.03M
Income before tax13,314.79M1,926.92M
Net income11,206.66M1,621.83M
EBITDA14,550.18M2,105.71M
Diluted EPS1.350.19
Dividends Per Share0.420.06
Total Assets90,541.29M12,998.16M
Total liabilities44,612.64M6,404.61M
Total equity44,420.98M6,377.10M
Operating cash flow11,265.37M1,630.33M
Currency in CNYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 23,349.18M 23,060.51M 38,055.86M 55,495.14M 75,294.85M
Gross Profit 5,095.97M 5,268.30M 10,757.05M 15,940.85M 23,644.24M
Operating income 1,429.17M 659.79M 3,768.24M 7,568.94M 12,534.71M
Income before tax -91.30M 9.49M 2,766.60M 7,421.97M 13,314.79M
Net income 4.96M 203.45M 2,092.25M 6,116.28M 11,206.66M
EBITDA 3,329.46M 2,757.53M 5,681.69M 9,501.12M 14,550.18M
Diluted EPS 0.00 0.02 0.26 0.74 1.35
Dividends Per Share 0.01 0.01 0.18 0.26 0.42
Total Assets 63,314.45M 62,355.28M 59,297.28M 73,955.58M 90,541.29M
Total liabilities 38,726.08M 39,180.11M 33,089.09M 41,393.23M 44,612.64M
Total equity 23,439.29M 22,312.80M 25,102.26M 31,273.38M 44,420.98M
Operating cash flow 2,780.53M 3,469.15M 9,014.83M 9,226.01M 11,265.37M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 3,714.99M 3,471.10M 5,631.04M 8,386.73M 10,896.73M
Gross Profit 810.79M 792.99M 1,591.69M 2,409.07M 3,421.81M
Operating income 227.38M 99.31M 557.57M 1,143.86M 1,814.03M
Income before tax -14.52M 1.42M 409.36M 1,121.65M 1,926.92M
Net income 0.78M 30.62M 309.58M 924.32M 1,621.83M
EBITDA 529.73M 415.06M 840.70M 1,435.86M 2,105.71M
Diluted EPS 0.00 0.00 0.03 0.11 0.19
Dividends Per Share 0.00 0.00 0.02 0.03 0.06
Total Assets 9,750.28M 8,972.62M 9,105.84M 10,771.74M 12,998.16M
Total liabilities 5,963.73M 5,637.83M 5,081.24M 6,028.99M 6,404.61M
Total equity 3,609.59M 3,210.70M 3,854.77M 4,555.01M 6,377.10M
Operating cash flow 442.40M 522.18M 1,333.90M 1,394.28M 1,630.33M

Valuation Measures

Dec 2019
PER12.54
ROA13.62%
ROE29.61%
Operating margin16.64%
Profit margin14.88%

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 (32.6%)
  • China Securities Finance Corp. Ltd. (2.7%)
  • Aegon-Industrial Fund Management Co., Ltd. (2.0%)
  • Bosera Asset Management Co., Ltd. (1.4%)
  • Penghua Fund Management Co., Ltd. (1.1%)
  • China Investment Corp. (Investment Management) (0.9%)
  • Rongtong Fund Management Co., Ltd. (0.9%)
  • China Asset Management Co., Ltd. (0.7%)
  • China International Capital Corp. Ltd. (Invt Management) (0.7%)
  • Sany Heavy Industry Co., Ltd. (0.7%)

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 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.
  • 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.
  • SANY America, Inc.
  • SANY Heavy Industry Qatar Co. Ltd.

Competitors

  • BAUER AG
  • Caterpillar Inc.
  • Terex Corporation
  • Wacker Neuson SE
  • Inner Mongolia North Hauler Joint Stock Co., Ltd Class A
  • Cargotec Oyj Class B
  • Ferreycorp SA
Last Updated on 20 Oct, 2020

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