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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 2021 CNYUSD
Revenue106,451.12M16,505.69M
Gross Profit26,728.76M4,144.40M
Operating income11,806.97M1,830.72M
Income before tax13,872.72M2,151.02M
Net income12,033.36M1,865.82M
EBITDA13,896.79M2,154.75M
Diluted EPS1.420.22
Dividends Per Share0.450.06
Total Assets138,556.54M21,739.98M
Total liabilities72,089.71M11,311.11M
Total equity63,690.90M9,993.31M
Operating cash flow15,015.22M2,328.17M
Currency in CNYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 38,055.86M 55,495.14M 75,859.55M 99,647.14M 106,451.12M
Gross Profit 10,757.05M 15,940.85M 23,935.53M 28,934.98M 26,728.76M
Operating income 3,768.24M 7,568.94M 12,805.95M 17,244.19M 11,806.97M
Income before tax 2,766.60M 7,421.97M 13,482.31M 18,508.06M 13,872.72M
Net income 2,092.25M 6,116.28M 11,325.92M 15,434.69M 12,033.36M
EBITDA 5,681.69M 9,501.12M 14,826.92M 19,136.98M 13,896.79M
Diluted EPS 0.26 0.74 1.36 1.83 1.42
Dividends Per Share 0.18 0.26 0.42 0.60 0.45
Total Assets 59,297.28M 73,955.58M 99,241.53M 126,691.22M 138,556.54M
Total liabilities 33,089.09M 41,393.23M 50,416.61M 67,759.48M 72,089.71M
Total equity 25,102.26M 31,273.38M 47,151.47M 56,719.68M 63,690.90M
Operating cash flow 9,014.83M 10,907.87M 12,572.39M 15,070.76M 15,015.22M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 5,631.04M 8,386.73M 10,978.45M 14,436.94M 16,505.69M
Gross Profit 1,591.69M 2,409.07M 3,463.96M 4,192.11M 4,144.40M
Operating income 557.57M 1,143.86M 1,853.28M 2,498.35M 1,830.72M
Income before tax 409.36M 1,121.65M 1,951.17M 2,681.46M 2,151.02M
Net income 309.58M 924.32M 1,639.09M 2,236.18M 1,865.82M
EBITDA 840.70M 1,435.86M 2,145.76M 2,772.57M 2,154.75M
Diluted EPS 0.03 0.11 0.19 0.26 0.22
Dividends Per Share 0.02 0.03 0.06 0.08 0.06
Total Assets 9,105.84M 10,771.74M 14,247.17M 19,372.33M 21,739.98M
Total liabilities 5,081.24M 6,028.99M 7,237.83M 10,361.09M 11,311.11M
Total equity 3,854.77M 4,555.01M 6,769.09M 8,673.00M 9,993.31M
Operating cash flow 1,333.90M 1,648.45M 1,819.48M 2,183.46M 2,328.17M

Valuation Measures

Dec 2021
PER16.00
ROA9.07%
ROE19.98%
Operating margin11.09%
Profit margin11.30%

Key executives

  • President & General Manager: Hongfu Yu
  • Chief Financial Officer: Hua Liu
  • Director & Senior Vice President: Xiao Gang Yi
  • Vice President: Tarek Amri
  • Secretary & Director-Securities Office: Ellyn Shenglin Cai

Shareholders

  • LIANG WEN GEN (32.0%)
  • China Securities Finance Corp. Ltd. (2.7%)
  • Perseverance Asset Management (2.1%)
  • China Asset Management Co., Ltd. (1.1%)
  • China Investment Corp. (Investment Management) (0.7%)
  • Bosera Asset Management Co., Ltd. (0.6%)
  • Schroder Investment Management (Hong Kong) Ltd. (0.6%)
  • Sany Heavy Industry Co. Ltd. ESOP (0.4%)
  • Orient Securities Asset Management Co. Ltd. (0.4%)
  • E Fund Management Co., Ltd. (0.3%)

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 Zhongchuang Incubator Co. Ltd.
  • 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.

Competitors

  • Terex Corporation
  • Zoomlion Heavy Industry Science & Technology Co. Ltd. Class H
  • Caterpillar Inc.
  • Wacker Neuson SE
  • Inner Mongolia North Hauler Joint Stock Co., Ltd Class A
  • Cargotec Oyj Class B
  • Ferreycorp SA
Last Updated on 30 Sep, 2022

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