#Shanghai #USA #Construction Equipment #Sustainable Growth #SANY Heavy

SANY Heavy Industry's Strong Performance in H1 2025

On August 21, 2025, SANY Heavy Industry announced its interim results for the first half of the year, showcasing impressive financial performance amidst a broader strategy focused on globalization, digitalization, and decarbonization. The company reported a revenue of $6.24 billion, marking a significant increase of 14.96% compared to the previous year. Furthermore, the net income attributable to shareholders reached $730 million, which is an impressive 46% increase. The operational cash flow also saw considerable growth, rising to $1.42 billion, up 20.11% from the prior period. With a net profit margin of 11.65%, an increase of 2.5 percentage points from last year, the company's financial health appears robust.

By June 30, 2025, SANY's total assets stood at $21.54 billion, while equity attributable to shareholders hit $10.30 billion, indicating a solid balance sheet.

Global Revenue Growth

In H1 2025, SANY emphasized its international reach, generating $3.69 billion from core business activities abroad, which is 60.26% of total revenue. Notable growth was seen across various regions:

• - Asia-Pacific revenue rose by 16.3%, totaling $1.606 billion.
• - European revenues accounted for $863 million, a modest increase of 0.66%.
• - The Americas, combining North and South, generated $710 million, growing by 1.36%.
• - Africa exhibited outstanding growth of 40.48%, reaching $509 million.

These results underscore SANY's strategic focus on diversifying its market reach and establishing a more resilient revenue foundation.

The company's international gross margin reached 31.18% in this period, up 1.04 percentage points, bolstered by optimized product structures.

Innovations and Sustainable Practices

SANY has also made strides in sustainability, introducing over 30 environmentally friendly products in the first half of 2025. Their commitment to reducing carbon emissions has been recognized with 30 approved patents for low-carbon core components. Among these innovations are the reinforced swing gears GS23 and GS27, designed to have a lifespan exceeding 15,000 hours. A notable achievement was the launch of a swing gear specifically for 100-ton excavators, which filled a significant technological gap in the market for ultra-durable excavator gear systems.

The company’s revenues in specific segments were noteworthy:

• - Excavators accounted for $2.45 billion, a 15% increase year-on-year.
• - Revenues from concrete machinery saw a decrease of 6.49% to $1.04 billion.
• - Lift machinery experienced growth of 17.89%, reaching $1.09 billion.
• - Pile drivers grew by 15.05%, totaling $190 million, while road construction machinery surged 36.83% to $300 million.

SANY invested around $300 million into research and development and submitted 246 patent applications during this timeframe, with 131 being invention patents. This investment in innovation aims to ensure that the company maintains its competitive edge and commitment to quality and performance in its offerings.

Future Outlook

As SANY moves forward, the company is committed to enhancing its operational efficiencies and investing in continuous innovation. Its strategic objectives focus on building a more robust and competitive ecosystem within the industry while delivering sustainable growth and long-term value for its shareholders.

In conclusion, SANY Heavy Industry’s results for the first half of 2025 highlight a successful blend of profitability, product innovation, and commitment to sustainability, indicating a promising trajectory as it continues to navigate global markets.