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Producer Manufacturing

Sany Heavy Industry Co., Ltd.

  • 9.41 CNY
  • +0.15
  • +1.62%
  • China
    Aug 15, 2018
  • Ticker
    SHG(600031)
  • Prev. close
    9.26
  • Market cap (CNY)
    71,659.64M
  • Market cap (USD)
    10,411.71M
  • Shares
    7,738.62M

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 2017 CNYUSD
Revenue38,055.86M5,631.04M
Gross Profit10,757.05M1,591.69M
Operating income3,768.24M557.57M
Income before tax2,766.60M409.36M
Net income2,092.25M309.58M
EBITDA5,681.69M840.70M
Diluted EPS0.260.03
Dividends Per Share0.180.02
Total Assets59,297.28M9,105.84M
Total liabilities33,089.09M5,081.24M
Total equity25,102.26M3,854.77M
Operating cash flow9,014.83M1,333.90M
Currency in CNYCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 37,094.86M 30,181.57M 23,349.18M 23,060.51M 38,055.86M
Gross Profit 9,104.33M 7,160.51M 5,095.97M 5,268.30M 10,757.05M
Operating income 3,128.35M 1,555.90M 1,429.17M 663.15M 3,768.24M
Income before tax 3,454.01M 961.91M -91.30M 9.49M 2,766.60M
Net income 2,903.59M 709.20M 4.96M 203.45M 2,092.25M
EBITDA 4,638.71M 3,286.14M 3,329.46M 2,760.89M 5,681.69M
Diluted EPS 0.38 0.09 0.00 0.02 0.26
Dividends Per Share 0.12 0.04 0.01 0.01 0.18
Total Assets 63,867.78M 63,009.44M 63,314.45M 62,355.28M 59,297.28M
Total liabilities 38,748.27M 38,164.53M 38,726.08M 39,180.11M 33,089.09M
Total equity 23,887.72M 23,785.43M 23,439.29M 22,312.80M 25,102.26M
Operating cash flow 3,321.92M 1,939.14M 2,780.53M 3,469.15M 9,014.83M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 6,033.95M 4,898.25M 3,714.99M 3,471.10M 5,631.04M
Gross Profit 1,480.93M 1,162.10M 810.79M 792.99M 1,591.69M
Operating income 508.86M 252.51M 227.38M 99.81M 557.57M
Income before tax 561.83M 156.11M -14.52M 1.42M 409.36M
Net income 472.30M 115.09M 0.78M 30.62M 309.58M
EBITDA 754.54M 533.31M 529.73M 415.57M 840.70M
Diluted EPS 0.06 0.01 0.00 0.00 0.03
Dividends Per Share 0.01 0.00 0.00 0.00 0.02
Total Assets 10,549.85M 10,156.26M 9,750.28M 8,972.62M 9,105.84M
Total liabilities 6,400.54M 6,151.60M 5,963.73M 5,637.83M 5,081.24M
Total equity 3,945.84M 3,833.88M 3,609.59M 3,210.70M 3,854.77M
Operating cash flow 540.35M 314.70M 442.40M 522.18M 1,333.90M

Valuation Measures

Dec 2017
PER32.99
ROA3.43%
ROE8.82%
Operating margin9.90%
Profit margin5.49%

Key executives

  • Vice Chairman & President: Wen Bo Xiang
  • Chief Financial Officer: Hua Liu
  • Vice President: Tarek Amri
  • Secretary: You Liang Xiao

Shareholders

  • LIANG WEN GEN (40.8%)
  • Sany Heavy Industry Co. Ltd. ESOP (1.7%)
  • China Investment Corp. (Investment Management) (1.0%)
  • National Social Insurance Fund Portfolio 418 (0.9%)
  • Yinhua Fund Management Co., Ltd. (0.7%)
  • GF Fund Management Co., Ltd. (0.7%)
  • Zhong Ou Asset Management Co., Ltd (0.6%)
  • XIANG WEN BO (0.4%)
  • Penghua Fund Management Co., Ltd. (0.4%)
  • MAO ZHONG WU (0.4%)

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

  • Hunan Sany Port Machinery Co., Ltd.
  • Sany Heavy Industry Co. Ltd. ESOP
  • Hunan Sany Zhongyang Machinery Co. Ltd.
  • Sany Road Machinery Co. Ltd.
  • Sany Germany 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 Heavy Industry Qatar Co. Ltd.
  • Sany Heavy Machinery Investment Ltd.
  • Sany Heavy Machine Co. Ltd.
  • Beijing Sany Heavy Machinery Co., Ltd.

Competitors

  • Caterpillar Inc.
  • Inner Mongolia North Hauler Joint Stock Co., Ltd Class A
  • Terex Corporation
  • Cargotec Oyj Class B
  • Ferreycorp SA
Last Updated on 15 Aug, 2018

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