The performance of the hottest construction machin

2022-07-25
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The performance of construction machinery industry reversed. Sany's profit in the first quarter was 3.7 times that of last year.

recently, the centralized disclosure of annual reports and quarterly reports of A-share companies made the market clearly see the amazing performance of the construction machinery sector. Recently, the centralized disclosure of annual reports and quarterly reports of A-share companies has made the market clearly see the amazing performance of the construction machinery sector

according to combing, as the most representative listed company in the A-share construction machinery sector, Sany Heavy industry achieved an operating revenue of 23.28 billion yuan and a net profit attributable to the parent company of 203 million yuan in 2016, an increase of 46.81% year-on-year; XCMG machinery achieved an operating income of 16.89 billion yuan and a net profit attributable to the parent company of 209 million yuan in 2016, an increase of 268.05% year-on-year

according to the first quarter report of 2017 just disclosed, the performance of the construction machinery sector, which had been silent for several years, is now rapidly recovering, of which Sany achieved an operating revenue of 9.376 billion yuan during the period of heavy industry, an increase of 79% year-on-year; The net profit attributable to the parent company was 750million yuan, up 727% year-on-year. In only one quarter, the net profit of last year was 366.51%; During the period, XCMG machinery achieved an operating income of nearly 6billion yuan, a year-on-year increase of 72.47%; The net profit attributable to the parent company exceeded 200million yuan, which was almost the same as the annual net profit in 2016

comprehensive improvement of financial data

Sany said in its annual report that after nearly five years of in-depth adjustment, the sales of the company's main products have recovered, the operating quality has been significantly improved, and the business transformation has achieved practical results

at the same time, the gross profit margin and cash flow of the company's products have been greatly improved. The overall operation quality has been greatly improved. In 2016, the company's net cash flow inflow from operating activities was 3.25 billion yuan, a year-on-year increase of 20%. In the first quarter of this year, the net inflow of cash flow from operating activities was 3billion yuan, an increase of 3.3 billion yuan year-on-year

combing its annual report, it is found that in 2016, Sany's leading products had a stable market position and continued to increase their market share. Among them, the sales revenue of concrete machinery reached 9.503 billion yuan. The sales revenue of mining machinery was 7.47 billion yuan, a year-on-year increase of 22.10%. In the domestic market, it has been the champion in sales for six consecutive years, with a market share of more than 20%. Hoisting machinery, piling machinery and other products continue to stabilize their market position, and their market share has steadily increased; Among them, the market share of crawler crane products above 250 tons still remains the leading position in the industry; The market share of truck crane products of 50 tons and above ranks among the top three in the industry

in addition, the profitability of the company has recovered significantly due to the recovery of industry sales. In 2016, the overall gross profit margin of the company increased by nearly 2%. In the first quarter of 2017, the overall gross profit margin of the company reached 32.55% and some manufacturing still needs special attention during processing. The net profit margin rebounded to 8.66%, of which the financial expenses and management expenses decreased significantly. In terms of operating quality, in 2016, the operating cash flow reached RMB 3billion, and the accounts receivable fell by 15% year-on-year. The company has revitalized its assets through a series of combination efforts, and the balance sheet is gradually improving

implement the industrial layout

it is worth mentioning that Sany said that the group's overseas business accounted for more than 40% in 2016, benefiting from the acquisition of Putzmeister and the promotion of international transformation in recent years

it is reported that Sany international business achieved an international sales revenue of 9.286 billion yuan in 2016. The operation quality of the company's overseas major regions continued to improve, and India, Europe, South Africa, the Middle East and other regions achieved rapid growth

this is due to Sany's promotion of internationalization and its deep cultivation of the the Belt and Road. In particular, the overall industrial layout of Sany Heavy Industry is highly consistent with the the Belt and Road region

2016, President Zuma of South Africa met with liangwengen, chairman of Sany Heavy Industries, and the Prime Minister of Ethiopia met with xiangwenbo, President of Sany Heavy Industries. Both sides discussed international production capacity cooperation, all of which laid a solid foundation for Sany's international development

in addition, the company has made substantial progress in business transformation. In 2016, the company actively transformed into new businesses such as military industry, elevating fire engines, environmental protection intelligent muck trucks, and business incubators, and made substantial progress

at the same time, the company began to enter the financial field. Hunan Sany intelligent control equipment Co., Ltd., a wholly-owned subsidiary of the company, and sany Group Co., Ltd. jointly initiated the establishment of Hunan Sanxiang Bank Co., Ltd., the first private bank in Hunan, and has officially opened

as for the performance recovery of the construction machinery industry, insiders believe that the three major factors of renewal, infrastructure construction and the the Belt and Road will make the recovery of the industry more sustainable

analysis of inspection data of construction machinery industry); These methods and procedures should be consistent with the required accuracy. The standard specifications for inspection 1 cause performance reversal. Sany Heavy Industry made profits in the first quarter. For different products, customers are welcome to call and consult. The profit is 3.7 times that of last year. It is published by electromechanical finishing. If you need to reprint, please indicate the source of the article. For more industry information, please click attention: electromechanical industry

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