Hunan Daily: "China's Top 100 Market Value Management List" Released, Sany Heavy Industry Ranked on the List*

Source: Hunan Daily reporter Tang Aiping correspondent Zhou Na

On May 30, this newspaper (reporter Tang Aiping, correspondent Zhou Na) On May 28, the "2011 Top 100 List of China's Listed Companies in Market Value Management" was released as scheduled. Due to good performance and brand support, China's leading construction machinery enterprise - Sany Heavy Industry topped the list, which is also the fourth time that Sany Heavy Industry has been on the list. In fiscal year 2011 (May 1, 2010 - April 30, 2011), the market value of Sany Heavy Industry increased by 2 times.

It is reported that the Top 100 List of Market Value Management (hereinafter referred to as the "Top 100 List") is released annually by the China Listed Company Market Value Management Research Center, an authoritative research institution for the market value management of listed companies in China, and mainly considers the performance from four aspects: value creation ability, value realization ability, value correlation and premium factors of listed companies. Including this time, the "Top 100" market value management selection has been carried out for a total of 5 periods.

Value creation depends on the sustained profitability of listed companies, which is the driving force for the sustainable development of the company, and is also the source of return on investment for shareholders. The reporter learned that since its listing in 2003, Sany Heavy Industry's sales revenue and profits have moved forward with an average annual growth rate of more than 50%.Concrete machineryThe leading company is transformed into a fully integrated manufacturer of construction machinery.

Value management is the key to market value management. The reporter learned from Sany Heavy Industry that on October 22, 2010, the market value of Sany Heavy Industry reached 105.9 billion yuan, becoming the first listed company with a market value of more than 100 billion yuan in the construction machinery industry. According to the data, since June 17, 2005, the market value of Sany Heavy Industry has increased by 33.93 times since the full circulation of the equity division reform.

Sany Heavy Industry topped the top 100 list this time, mainly due to the company's excellent performance. According to the 2010 annual report of Sany Heavy Industry, in 2010, the company's operating income was 33.955 billion yuan, a year-on-year increase of 78.94%; net profit attributable to the parent company was 5.615 billion yuan, a year-on-year increase of 112.71%; earnings per share was 1.11 yuan, a year-on-year increase of 112.71%.

This high growth continued in the first quarter of 2011. The company's quarterly report shows that in the first quarter of 2011, the company achieved operating income of 13.988 billion yuan, a year-on-year increase of 90.85%; The net profit attributable to the parent company was 2.663 billion yuan, a year-on-year increase of 140.60%. earnings per share was 0.351 yuan, a year-on-year increase of 140.60%.