China Export New Breakthroughs to China Sany Construction Machinery

Export New Breakthroughs to China Sany Construction Machinery

For Sany Heavy Industry, 2018 is a year of re-emergence, and 2019 is a year of breakthroughs. In 2011, Sany Heavy Industry's annual revenue exceeded 50 billion yuan, reaching 50.8 billion yuan, and net profit of 8.65 billion yuan. Since then, Sany Heavy Industry's performance has been sluggish for 6 years. In 2015, the worst performance, only achieved 23.5 billion yuan in revenue and 4.96 million yuan in profit. In 2018, the revenue of Sany Heavy Industry once again exceeded 50 billion yuan, reaching 55.8 billion yuan. In 2019, the revenue will reach 43.4 billion yuan in half a year. It is foreseeable that Sany Heavy Industry's revenue will reach a new high throughout 2019. Benefiting from the outstanding performance of Sany Heavy Industry, in 2019, the total market value of Sany Heavy Industry has increased by up to 90%. Up to now, the total market value of Sany Heavy Industry has reached 112.7 billion yuan, which is also the only domestic construction machinery enterprise with a market value exceeding 100 billion yuan.

In fact, for domestic construction machinery companies, their rise has largely benefited from the vigorous development of the real estate market and the huge domestic demand brought by the country's vigorous promotion of infrastructure construction. Of course, domestic construction machinery companies are also struggling enough to defeat many foreign machinery giants in the domestic market, such as Caterpillar, Komatsu, Deere, Hitachi, Volvo and so on. In addition to the excavator and concrete machinery of Sany Heavy Industry, Xuzhou Heavy Industry's cranes, graders, road rollers and other products have also become the first in the domestic industry.

Although the domestic demand for construction machinery in China is still huge, but to become a truly global construction machinery giant, the overseas market is a hot spot for major domestic construction machinery giants. At present, among the domestic construction machinery giants, Sany Heavy Industry also has the best overseas performance. In the first half of 2019, Sany Heavy Industry's overseas revenue reached 7.026 billion yuan. In 2018, Sany Heavy Industry's overseas revenue was 13.627 billion yuan, XCMG's overseas revenue was 5.894 billion yuan, Zoomlion Heavy Industry's overseas revenue was 3.59 billion yuan, and Liugong's overseas revenue was It was 3.442 billion yuan. It can be seen that Sany Heavy Industry is not only the export champion of China's construction machinery enterprises, but also the only construction machinery enterprise in China whose overseas market revenue has exceeded 10 billion yuan.