#China #Shanghai #SANY Heavy Industry #excavating machinery #concrete machinery

SANY Heavy Industry Reports Robust First Half of 2025 Results

On August 21, 2025, SANY Heavy Industry revealed impressive interim results for the first half of 2025, signaling a robust financial performance. The company has successfully executed its strategic priorities of globalization, digitalization, and decarbonization, resulting in balanced growth across various dimensions such as scale, expansion, and profitability. Revenue reached an impressive $6.24 billion, marking a 14.96% increase from the previous year. The company also reported a net income of $0.73 billion, reflecting a remarkable 46.00% growth compared to last year. Furthermore, operating cash flow climbed by 20.11%, totaling $1.42 billion.

Strategic Focus on International Markets

A noteworthy highlight of SANY's performance is its focus on international markets, where the company generated $3.69 billion in revenue, a 11.72% increase that accounts for 60.26% of overall revenue. Specific regions showed notable growth: the Asia-Australia market grew by 16.3%, contributing $1.606 billion; Europe saw a contribution of $0.863 billion; while the Americas and Africa produced revenue of $0.71 billion and $0.509 billion, respectively, with Africa witnessing a striking 40.48% growth.

The gross margin on international business increased to 31.18%, up by 1.04 percentage points from last year, indicating improved efficiency in operations. SANY has also accelerated its renewable energy initiatives, launching over 30 environmentally friendly products and securing 30 low-carbon patents for key components during this period. The longevity of products has been highlighted as well, with reinforced slewing reducers achieving service lives of over 15,000 hours.

Core Business Segments Perform Strongly

SANY's core business segments reported varying degrees of success. Revenue from excavating machinery surged to $2.45 billion, reflecting a 15.00% annual increase. Conversely, revenue from concrete machinery dipped by 6.49%, settling at $1.04 billion. Hoisting machinery operations fared better with a 17.89% growth, generating $1.09 billion. Additionally, piling machinery revenues climbed 15.05% to $0.19 billion, while road machinery enjoyed the most significant growth, surging 36.83% to $0.3 billion.

During this half-year period, SANY invested approximately $0.3 billion in research and development (R&D) efforts and submitted 246 patent applications, with 131 categorized as invention patents. This commitment to R&D is crucial as the industry seeks innovation and operational modernization to remain competitive.

Looking Ahead

As SANY Heavy Industry wraps up a phenomenal first half of 2025, the outlook looks promising. The company has plans to sustain its trajectory of growth by continuing to invest in innovative solutions and modern operational strategies. By fostering a resilient and competitive industry ecosystem, SANY aims to enrich its shareholders' value in the long run.

In conclusion, SANY Heavy Industry's strategic focus and operational diligence have led to an outstanding start to 2025, setting the stage for continued growth and success in the months ahead.