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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 2018 CNYUSD
Revenue55,495.14M8,386.73M
Gross Profit16,025.05M2,421.79M
Operating income7,568.94M1,143.86M
Income before tax7,421.97M1,121.65M
Net income6,116.28M924.32M
EBITDA9,497.76M1,435.35M
Diluted EPS0.740.11
Dividends Per Share0.260.03
Total Assets75,030.78M10,928.35M
Total liabilities42,623.35M6,208.15M
Total equity31,115.90M4,532.08M
Operating cash flow11,032.93M1,667.35M
Currency in CNYCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 30,181.57M 23,349.18M 23,060.51M 38,055.86M 55,495.14M
Gross Profit 7,160.51M 5,095.97M 5,268.30M 10,757.05M 16,025.05M
Operating income 1,865.62M 1,429.17M 659.79M 3,768.24M 7,568.94M
Income before tax 961.91M -91.30M 9.49M 2,766.60M 7,421.97M
Net income 709.20M 4.96M 203.45M 2,092.25M 6,116.28M
EBITDA 3,595.85M 3,329.46M 2,757.53M 5,681.69M 9,497.76M
Diluted EPS 0.09 0.00 0.02 0.26 0.74
Dividends Per Share 0.04 0.01 0.01 0.18 0.26
Total Assets 63,009.44M 63,314.45M 62,355.28M 59,297.28M 75,030.78M
Total liabilities 38,164.53M 38,726.08M 39,180.11M 33,089.09M 42,623.35M
Total equity 23,785.43M 23,439.29M 22,312.80M 25,102.26M 31,115.90M
Operating cash flow 1,939.14M 2,780.53M 3,469.15M 9,014.83M 11,032.93M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 4,898.25M 3,714.99M 3,471.10M 5,631.04M 8,386.73M
Gross Profit 1,162.10M 810.79M 792.99M 1,591.69M 2,421.79M
Operating income 302.77M 227.38M 99.31M 557.57M 1,143.86M
Income before tax 156.11M -14.52M 1.42M 409.36M 1,121.65M
Net income 115.09M 0.78M 30.62M 309.58M 924.32M
EBITDA 583.58M 529.73M 415.06M 840.70M 1,435.35M
Diluted EPS 0.01 0.00 0.00 0.03 0.11
Dividends Per Share 0.00 0.00 0.00 0.02 0.03
Total Assets 10,156.26M 9,750.28M 8,972.62M 9,105.84M 10,928.35M
Total liabilities 6,151.60M 5,963.73M 5,637.83M 5,081.24M 6,208.15M
Total equity 3,833.88M 3,609.59M 3,210.70M 3,854.77M 4,532.08M
Operating cash flow 314.70M 442.40M 522.18M 1,333.90M 1,667.35M

Valuation Measures

Dec 2018
PER10.54
ROA9.10%
ROE21.75%
Operating margin13.63%
Profit margin11.02%

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 (34.4%)
  • China Securities Finance Corp. Ltd. (2.7%)
  • China Asset Management Co., Ltd. (1.4%)
  • Taikang Asset Management Co., Ltd. (0.9%)
  • China Investment Corp. (Investment Management) (0.9%)
  • China International Capital Corp. Ltd. (Invt Management) (0.8%)
  • Guotai Asset Management Co., Ltd. (0.8%)
  • Fullgoal Fund Management Co., Ltd. (0.7%)
  • Aegon-Industrial Fund Management Co., Ltd. (0.6%)
  • GF Fund Management Co., Ltd. (0.5%)

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 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 Heavy Industry Qatar Co. Ltd.
  • Sany Heavy Machinery Investment Ltd.
  • Sany Heavy Machine Co. Ltd.
  • Beijing Sany Heavy Machinery Co., Ltd.

Competitors

  • Hyundai Construction Equipment Co., Ltd.
  • BAUER AG
  • Caterpillar Inc.
  • Terex Corporation
  • Inner Mongolia North Hauler Joint Stock Co., Ltd Class A
  • Cargotec Oyj Class B
  • Ferreycorp SA
Last Updated on 6 Dec, 2019

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