---
title: "News: Mainland market demand rebounds, Sany Heavy Industry earned 41% more last year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281133759.md"
description: "SANY HEAVY IND Co., Ltd. announced that last year's net profit reached 8.408 billion yuan, a year-on-year increase of 41.2%; operating revenue was 89.231 billion yuan, an increase of 14.7%. After deducting non-recurring gains and losses, the net profit was 8.221 billion yuan, an increase of 54.1%. The net cash flow from operating activities was 19.975 billion yuan, an increase of 34.8%. The company's core product market share remains stable, with sales of new energy products reaching 8.64 billion yuan, an increase of 115%. It is expected that the construction machinery industry will enter a moderate recovery phase in 2025, with demand in the mainland market rebounding"
datetime: "2026-03-31T06:21:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281133759.md)
  - [en](https://longbridge.com/en/news/281133759.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281133759.md)
---

# News: Mainland market demand rebounds, Sany Heavy Industry earned 41% more last year

The construction machinery manufacturer **SANY HEAVY IND Co., Ltd.** (600031.SH; 6031.HK) announced on Monday that it achieved a net profit attributable to shareholders of RMB 8.408 billion (USD 1.217 billion) for the entire year, an increase of 41.2% year-on-year; operating revenue reached RMB 89.231 billion, a year-on-year growth of 14.7%.

During the period, the net profit after deducting non-recurring gains and losses was RMB 8.221 billion, a year-on-year increase of 54.1%; the net cash flow from operating activities also reached RMB 19.975 billion, an increase of 34.8% year-on-year, reflecting further improvement in business quality. The company's net cash flow from operating activities was RMB 19.98 billion, up 34.8% year-on-year.

The company's core product market share remains solid, with excavators, concrete machinery, and other leading products maintaining the top domestic market share, while global share steadily increases. In terms of new energy products, electric mixers and electric dump trucks have seen explosive growth, with annual sales of new energy products reaching RMB 8.64 billion, a year-on-year increase of 115%.

SANY HEAVY IND stated that the construction machinery industry will enter a moderate recovery phase in 2025, supported by the "large-scale equipment renewal" policy and infrastructure investment, with domestic market demand gradually rebounding. At the same time, the overseas market remains resilient, with strong demand in emerging markets such as Africa and Southeast Asia, driving the company's global market share and profitability. As investments in infrastructure, water conservancy, and mining continue to be released, coupled with the increasing penetration of new energy and intelligent products, the demand for equipment renewal will be further promoted. Overseas, despite uncertainties in the geopolitical and trade environment, global business is expected to continue expanding through localized layouts and technological upgrades.

SANY HEAVY IND's stock price opened higher on Tuesday, reaching HKD 20.96 at noon, up 2.04%.

_Li Shida_

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