Guangzhou, April 2, 2026 – SANY Heavy Industry (SSE: 600031 / HKEX: 60031), a global leader in the heavy machinery industry, today announced its 2025 Annual Report. The results mark a definitive structural pivot for the company, as international business evolved from a growth segment into the core engine of the enterprise.
Financial Performance: Profitable Growth and Strong Cash Flow
In 2025, SANY achieved total revenue of USD 12.49 billion, a year-on-year increase of 14.73%. Beyond top-line growth, the company demonstrated significantly enhanced profitability and financial health:
- Net Profit: Surged 41% to USD 1.18 billion.
- Gross Margin: Climbed to 27.7%, up 1.07 percentage points.
- Operating Cash Flow: Reached USD 2.80 billion, an impressive 34.8% increase.
- Shareholder Returns: Consistent with its focus on long-term value, SANY returned over 50% of its profits to shareholders.
Global Markets: International Revenue Reaches 64%
2025 was the year SANY’s global strategy achieved unprecedented scale and quality. International revenue reached USD 7.83 billion, now accounting for 64% of total revenue.
- Africa: Emerging as a major growth driver with USD 1.16 billion in revenue, up 55% due to localization and infrastructure demand.
- Asia-Pacific: Remained the largest overseas contributor at USD 3.34 billion.
- The Americas & Europe: Demonstrated high resilience, contributing USD 1.56 billion and USD 1.75 billion respectively, despite global economic cycles.
Product Leadership: A Diversified Global Portfolio
SANY’s growth remains rooted in its product excellence across multiple categories:
- Excavators: Contributed USD 4.83 billion, representing 38.7% of total revenue.
- Cranes & Concrete Machinery: Delivered combined revenue exceeding USD 4.38 billion.
- High-Growth Segments: Road machinery and piling equipment saw robust growth of 25% and 36%, respectively.
Management Perspective
“After 40 years of evolution, SANY is now a more resilient, global, and predictable business,” stated SANY Heavy Industry management. “The 2025 results prove that our global strategy is no longer just an objective—it is our reality. We remain committed to building long-term value by supporting the world’s most complex infrastructure projects.”
About SANY Heavy Industry (SSE: 600031 / HKEX: 60031)
SANY Heavy Industry is a premier global manufacturer of construction and mining equipment, port and oil drilling machinery, and renewable wind-energy systems. With a presence in over 150 countries, SANY is dedicated to driving the industry forward through digitalization, electrification, and global collaboration.