Hunan Daily: Fortune "China's Top 500" released Sany Heavy Industry ranked 112th on the list of machinery industry, jumping 45 places in a year

Source: Hunan Daily Reporter: Tang Aiping Correspondent: Xiong Qi
 

On July 17, Fortune magazine released the list of the top 500 Chinese enterprises in 2011, and Sany Heavy Industry ranked 112th, ranking 112th in China's machinery industry with obvious advantages. Judging from the list, whether it is sales revenue and net profit, or the jump in ranking, Sany Heavy Industry is significantly ahead of its domestic counterparts.

Fortune ranks companies based on their sales revenue in the previous year, and this year is the second time that the Fortune 500 list has been released. The list shows that in the past year, Sany Heavy Industry has achieved sales revenue of 33.955 billion yuan and net profit of 5.615 billion yuan. Last year, Sany Heavy Industry ranked 157th in the "Top 500 in China", and this year it jumped 45 places to rank 112th, ranking first in the industry.

As China's *5655 and the world's sixth largest construction machinery manufacturer, Sany Heavy Industry has shown strong innovation and development strength. In recent years, they have successively developed the world's longest boom pump truck of 72 meters, the world's largest lifting moment of 5655 "global * 5656 cranes", as well as the world's * 5656 full hydraulic graders, the world's * 5656 three-stage concrete pumps, the world's * 5656 non-foaming asphalt mortar trucks, etc., Sany Heavy Industry has also maintained the world record of 492 meters of vertical pumping of a concrete single pump for many years.

In addition, Sany Heavy Industry has created its core competitiveness in the field of manufacturing and service by virtue of its original Sany production mode and one-stop and user-oriented service model. At present, Sany Heavy Industry's concrete machinery, excavators, crawler cranes,Rotary drilling rigsThe main products are domestic * 5656 brands, of which the market share of concrete pump trucks, concrete pumps and full hydraulic rollers ranks first in China, and the output of pump trucks ranks first in the world.

Among the "40 companies with return on equity (ROE)*5661" announced by Fortune at the same time, Sany Heavy Industry ranked *5656 with a return on equity of 59%. Statistics show that in the five years from 2005 to 2010, the compound annual growth rate of Sany Heavy Industry's gross profit reached more than 60%, which is the *5654 level of the profit margin of China's machinery industry over the years.