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2022-07-31
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Industry best, history best! Sany Heavy Industry had a revenue of 21.3 billion yuan in the first quarter and a net profit of 3.2 billion yuan

the best in the industry and the best in history! Sany Heavy Industry reported a revenue of 21.3 billion yuan and a net profit of 3.2 billion yuan in the first quarter of 2019. The report shows that from January to March this year, the sales revenue of Sany Heavy industry reached 21.29 billion yuan, a year-on-year increase of 75.1%; The net profit attributable to the shareholders of listed companies was 3.22 billion yuan, a year-on-year increase of 114.7%, and the net cash flow from operating activities was 3.87 billion yuan, a year-on-year increase of 47.5%, breaking the best record in history

since this year, driven by the demand for infrastructure Country plus "If we do not strengthen environmental governance through transformation and upgrading, increase the demand for equipment renewal, artificial substitution effect and other factors, construction machinery will grow faster than expected in 2019.

according to the data of the industry association, the cumulative sales volume of Sany excavator in the first quarter was 19500 units, an increase of 52.3% year-on-year, and the market share rose to 26.2%, an increase of 3 percentage points over the end of 2018. Among them, the market share of Sany excavator was about 27%, a significant increase of 5% year-on-year. Among them, large-scale market excavation of more than 40 tons accounted for 38%

over the past 20 years in the world, due to the digital upgrade, the scale effect, the continuous decline of the rate and the continuous improvement of the profitability, the company's sales expense rate in the first quarter was 6.75%, a year-on-year decrease of 2.17 percentage points; The management fee rate was 2.15%, down 3.01% year on year; Financial expenses decreased by 71% year-on-year

in the first quarter of 2019, Sany's net profit margin reached 15.6%, up 3% year-on-year, the highest level since 2013. Meanwhile, the net cash flow from operating activities was 3.87 billion yuan, an increase of 47.5% year-on-year, the best performance in the industry and sany in history

in addition, compared with the same period in history, the company's inventory turnover rate and accounts receivable turnover rate in the first quarter were close to the same period in 2011. In addition, major business divisions such as heavy lift, crane and pumping were out of stock to varying degrees, reflecting the production and operation status of short supply

it is worth noting that the revenue of Sany Heavy Industry in the first quarter was 21.29 billion yuan, a year-on-year increase of 75.1%, the growth rate exceeded the industry level, the domestic and international market share of its main products increased rapidly, and the profitability and cash flow increased, indicating that the market competitiveness of the company continued to improve in the first quarter, and the industry accelerated its concentration to the leading position

due to the unexpected market performance, after the release of the first quarter report, many institutions such as Huachuang machinery and China Merchants machinery gave Sany a "buy" rating

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