SANY HEAVY INDUSTRY CO

SANY HEAVY INDUSTRY CO — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	77.8B	73.2B	80.0B	106.1B	99.3B	75.7B	55.8B	38.3B	23.3B	23.5B	30.4B	37.3B	46.8B	50.8B	34.0B	19.0B	13.7B	9.1B	5.2B	2.5B
Revenue Growth %	6.2%	-8.5%	-24.6%	6.8%	31.3%	35.5%	45.6%	64.7%	-0.8%	-22.7%	-18.7%	-20.3%	-7.8%	49.5%	78.9%	38.1%	50.3%	75.5%	105.4%	--
Total Revenue	78.4B	74.0B	80.8B	106.9B	100.1B	76.2B	55.8B	38.3B	23.3B	23.5B	30.4B	37.3B	46.8B	50.8B	34.0B	19.0B	13.7B	9.1B	5.2B	2.5B
Cost Of Revenue	57.2B	54.1B	60.8B	78.7B	69.7B	50.9B	38.7B	26.8B	17.2B	17.7B	22.5B	27.6B	32.0B	32.3B	21.4B	12.2B	9.6B	6.0B	3.4B	1.6B
+Gross Profit	20.6B	19.2B	19.2B	27.4B	29.6B	24.7B	17.1B	11.5B	6.1B	5.8B	7.8B	9.8B	14.9B	18.5B	12.5B	6.7B	4.1B	3.2B	1.8B	888.0M
Gross Margin %	26.4%	26.2%	24.0%	25.9%	29.8%	32.7%	30.6%	30.1%	26.2%	24.6%	25.8%	26.2%	31.7%	36.5%	36.9%	35.5%	30.0%	34.6%	34.8%	35.0%
Total Operating Cost	73.1B	69.3B	77.8B	96.0B	83.9B	64.1B	48.5B	36.0B	23.7B	23.7B	30.0B	34.5B	40.8B	41.0B	27.2B	15.6B	12.0B	7.6B	4.5B	2.3B
Selling Expenses	5.5B	5.1B	6.3B	6.7B	5.3B	5.5B	4.4B	3.8B	2.4B	1.9B	2.9B	3.0B	4.0B	4.2B	3.2B	2.0B	1.3B	883.0M	594.0M	323.0M
Admin Expenses	3.0B	2.7B	2.6B	2.8B	2.2B	2.1B	2.0B	1.8B	2.1B	2.1B	2.5B	2.9B	3.4B	3.1B	1.9B	1.0B	772.0M	504.0M	346.0M	214.0M
Rd Expenses	5.4B	5.9B	6.9B	6.5B	5.0B	3.6B	1.8B	771.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	202.0M	-463.0M	-294.0M	-125.0M	278.0M	-46.6M	136.0M	1.3B	875.0M	1.3B	1.2B	325.0M	1.4B	807.0M	298.0M	133.0M	133.0M	121.0M	118.0M	103.0M
+Operating Income	7.0B	5.3B	4.8B	13.8B	18.6B	13.9B	7.9B	2.9B	1.2B	45.6M	717.0M	2.7B	6.1B	9.8B	6.9B	3.4B	1.5B	2.1B	815.0M	254.0M
Operating Margin %	9.0%	7.3%	6.0%	13.0%	18.7%	18.4%	14.1%	7.5%	5.4%	0.2%	2.4%	7.4%	13.0%	19.4%	20.3%	17.7%	11.1%	22.6%	15.6%	10.0%
Non Operating Income	120.0M	98.5M	226.0M	156.0M	158.0M	183.0M	123.0M	98.4M	312.0M	391.0M	461.0M	846.0M	1.0B	1.0B	151.0M	52.6M	44.0M	33.7M	11.0M	15.8M
Non Operating Expenses	207.0M	125.0M	140.0M	107.0M	175.0M	504.0M	451.0M	106.0M	1.5B	466.0M	193.0M	143.0M	224.0M	77.0M	109.0M	51.0M	35.4M	13.9M	4.9M	4.6M
Investment Income	643.0M	-177.0M	746.0M	1.0B	905.0M	383.0M	637.0M	-19.3M	2.2B	-27.0M	407.0M	-198.0M	161.0M	141.0M	42.3M	-73.0M	-63.5M	399.0M	87.8M	7.5M
Fair Value Change Income	110.0M	21.1M	-250.0M	53.6M	436.0M	290.0M	-362.0M	403.0M	-563.0M	282.0M	-15.3M	143.0M	-139.0M	-68.7M	50.3M	45.2M	-184.0M	99.5M	32.8M	--
Asset Disposal Income	45.5M	-5.9M	93.2M	75.2M	10.5M	569.0M	-28.1M	-18.3M	51.4M	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	201.0M	83.8M	104.0M	5.4M	24.3M	142.0M	1.1B	1.2B	948.0M	500.0M	682.0M	425.0M	-74.8M	404.0M	153.0M	126.0M	84.2M	81.0M	39.9M	--
Other Income	866.0M	765.0M	1.1B	1.7B	1.1B	568.0M	342.0M	134.0M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	6.9B	5.3B	4.9B	13.9B	18.5B	13.6B	7.5B	2.9B	63.0M	-28.8M	985.0M	3.5B	6.9B	10.8B	6.9B	3.4B	1.5B	2.1B	821.0M	270.0M
Income Tax	815.0M	710.0M	431.0M	1.5B	2.7B	2.0B	1.2B	642.0M	-101.0M	-33.3M	229.0M	356.0M	870.0M	1.4B	774.0M	334.0M	66.1M	177.0M	79.7M	35.9M
+Net Income	6.1B	4.6B	4.4B	12.3B	15.9B	11.6B	6.3B	2.2B	164.0M	4.5M	756.0M	3.1B	6.0B	9.4B	6.2B	3.0B	1.5B	1.9B	741.0M	234.0M
Net Margin %	7.8%	6.3%	5.5%	11.6%	16.0%	15.4%	11.3%	5.8%	0.7%	0.0%	2.5%	8.3%	12.8%	18.4%	18.2%	15.9%	10.7%	20.8%	14.2%	9.2%
Net Income Attributable	6.0B	4.5B	4.3B	12.0B	15.4B	11.3B	6.1B	2.1B	203.0M	5.0M	709.0M	2.9B	5.7B	8.6B	5.6B	2.6B	1.2B	1.6B	592.0M	216.0M
Minority Interest	117.0M	78.7M	132.0M	292.0M	430.0M	295.0M	187.0M	135.0M	-39.7M	-435,000	46.8M	191.0M	325.0M	713.0M	549.0M	383.0M	242.0M	228.0M	55.9M	17.6M
Eps Basic	0.71	0.53	0.51	1.43	1.84	1.37	0.79	0.27	0.03	0.00	0.09	0.38	0.75	1.14	0.74	0.52	0.83	1.10	0.62	--
Eps Diluted	0.71	0.53	0.51	1.43	1.84	1.37	0.75	0.27	0.03	0.00	0.09	0.38	0.75	1.14	0.74	0.52	0.83	1.10	0.62	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	20.4B	18.1B	21.3B	14.8B	12.8B	12.2B	12.0B	4.1B	7.4B	6.9B	6.0B	6.4B	9.6B	10.2B	6.0B	4.2B	2.9B	2.6B	1.2B	777.0M
Trading Financial Assets	11.1B	10.8B	14.8B	14.8B	14.2B	8.4B	1.6B	40.1M	30.8M	31.2M	35.8M	17.0M	80.9M	20.7M	53.1M	2.7M	14.4M	419.0M	251.0M	51.8M
Accounts Receivable	25.5B	24.2B	25.0B	19.7B	21.5B	21.8B	20.1B	18.4B	18.1B	21.0B	19.9B	18.7B	15.0B	11.3B	5.7B	4.4B	3.1B	2.1B	802.0M	597.0M
Notes Receivable	398.0M	306.0M	589.0M	513.0M	253.0M	--	669.0M	874.0M	283.0M	541.0M	1.2B	1.1B	1.7B	1.1B	1.1B	260.0M	190.0M	332.0M	201.0M	181.0M
Notes And Accounts Receivable	25.9B	24.5B	25.6B	20.2B	21.8B	21.8B	20.8B	19.2B	18.4B	21.6B	21.1B	19.8B	16.7B	12.4B	6.8B	4.7B	3.3B	2.4B	1.0B	779.0M
Prepayments	971.0M	752.0M	1.0B	748.0M	1.2B	634.0M	982.0M	697.0M	337.0M	256.0M	288.0M	567.0M	997.0M	2.0B	1.3B	787.0M	669.0M	491.0M	394.0M	147.0M
Inventory	19.9B	19.8B	19.7B	18.5B	19.2B	14.3B	11.6B	7.6B	6.2B	5.6B	7.3B	9.4B	10.5B	8.1B	5.7B	4.0B	3.0B	2.3B	1.6B	1.2B
Total Current Assets	101.5B	97.6B	105.8B	93.7B	91.7B	72.7B	51.9B	36.2B	38.0B	37.6B	38.1B	38.9B	39.9B	33.8B	20.5B	14.5B	10.1B	8.4B	4.6B	3.1B
Long Term Equity Investment	2.4B	2.4B	2.2B	2.3B	3.4B	3.0B	2.3B	1.4B	1.5B	1.0B	1.0B	99.7M	310.0M	329.0M	198.0M	229.0M	186.0M	169.0M	47.4M	59.5M
Fixed Assets	--	23.5B	19.8B	13.3B	10.8B	10.6B	11.9B	12.8B	14.0B	16.1B	16.1B	16.2B	14.9B	10.5B	6.1B	4.3B	2.4B	1.7B	1.4B	1.2B
Fixed Assets Total	22.4B	23.5B	19.8B	13.3B	10.8B	10.6B	11.9B	12.8B	14.0B	16.1B	16.1B	16.2B	14.9B	10.5B	6.1B	4.3B	2.4B	1.7B	1.4B	1.2B
Construction In Progress	--	1.4B	4.0B	7.4B	3.7B	1.1B	730.0M	761.0M	966.0M	1.1B	1.3B	2.0B	3.2B	3.1B	2.2B	1.3B	633.0M	460.0M	117.0M	316.0M
Construction In Progress Total	1.1B	1.4B	4.0B	7.4B	3.7B	1.1B	791.0M	833.0M	1.1B	1.2B	1.5B	2.2B	3.9B	4.3B	2.8B	1.6B	729.0M	518.0M	151.0M	382.0M
Intangible Assets	4.6B	4.8B	4.4B	3.9B	3.2B	3.3B	3.9B	4.1B	4.2B	4.6B	4.5B	4.8B	4.8B	2.2B	1.6B	1.2B	314.0M	279.0M	153.0M	52.0M
Long Term Deferred Expenses	177.0M	184.0M	73.2M	33.5M	54.2M	76.3M	27.4M	16.1M	35.8M	14.6M	15.0M	17.8M	18.1M	16.1M	2.2M	3.6M	2.1M	--	795,900	102,400
Total Non Current Assets	50.6B	53.6B	53.2B	44.8B	34.8B	26.6B	21.9B	22.0B	23.6B	25.0B	24.9B	25.0B	24.6B	17.5B	10.9B	7.6B	3.9B	2.8B	1.7B	1.7B
Total Assets	152.1B	151.2B	158.9B	138.6B	126.5B	99.2B	73.8B	58.2B	61.6B	62.6B	63.0B	63.9B	64.5B	51.3B	31.5B	22.1B	14.0B	11.2B	6.3B	4.8B
Short Term Borrowings	6.0B	4.1B	4.5B	5.8B	7.6B	8.6B	5.4B	2.3B	8.9B	11.6B	4.6B	2.4B	5.7B	9.5B	5.0B	1.7B	962.0M	1.2B	1.1B	1.3B
Accounts Payable	21.3B	17.6B	19.7B	20.5B	24.9B	12.3B	8.8B	6.2B	4.6B	3.7B	4.5B	6.2B	4.2B	4.1B	4.4B	2.3B	1.2B	1.3B	583.0M	390.0M
Advance Receipts	--	--	--	--	--	1.3B	1.4B	1.5B	1.1B	925.0M	1.6B	1.0B	1.9B	892.0M	958.0M	532.0M	593.0M	327.0M	154.0M	99.5M
Contract Liabilities	2.5B	2.2B	1.9B	1.8B	1.7B	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	63.7B	54.4B	67.7B	61.4B	62.1B	48.0B	33.9B	23.0B	23.8B	28.3B	20.9B	18.0B	22.7B	23.1B	17.6B	10.0B	4.6B	4.1B	2.5B	2.2B
Long Term Borrowings	11.6B	23.6B	21.6B	9.6B	4.5B	1.3B	1.9B	3.4B	9.4B	8.7B	16.1B	19.6B	15.7B	6.7B	1.2B	1.7B	2.5B	1.4B	772.0M	450.0M
Total Non Current Liabilities	15.5B	27.6B	25.1B	12.0B	6.0B	2.9B	7.3B	8.9B	14.3B	9.9B	17.4B	20.9B	17.2B	7.4B	1.9B	2.4B	3.2B	2.1B	777.0M	450.0M
Total Liabilities	79.1B	82.0B	92.8B	73.5B	68.1B	50.8B	41.3B	31.9B	38.1B	38.2B	38.3B	38.9B	39.8B	30.6B	19.5B	12.4B	7.8B	6.1B	3.3B	2.6B
Paid In Capital	8.5B	8.5B	8.5B	8.5B	8.5B	8.4B	7.8B	7.7B	7.7B	7.6B	7.6B	7.6B	7.6B	7.6B	5.1B	1.5B	1.5B	992.0M	480.0M	480.0M
Capital Reserve	5.2B	5.2B	5.4B	5.1B	5.3B	7.8B	1.9B	1.1B	595.0M	1.6B	763.0M	200.0M	2.8M	9.7M	9.7M	1.2B	721.0M	1.0B	861.0M	604.0M
Surplus Reserve	4.4B	4.0B	3.8B	3.7B	3.4B	3.2B	3.2B	3.0B	2.6B	2.6B	2.6B	2.4B	2.2B	1.8B	1.4B	858.0M	609.0M	485.0M	358.0M	269.0M
Retained Earnings	56.0B	52.1B	49.2B	48.8B	41.8B	29.8B	19.8B	15.1B	13.6B	13.5B	13.8B	14.2B	13.4B	10.4B	5.0B	5.4B	3.1B	2.3B	1.2B	723.0M
Minority Equity	1.0B	1.1B	1.0B	1.4B	1.7B	1.3B	1.0B	876.0M	735.0M	960.0M	955.0M	1.1B	1.6B	1.1B	568.0M	721.0M	347.0M	316.0M	110.0M	72.1M
Equity Attributable	72.0B	68.0B	65.1B	63.7B	56.7B	47.2B	31.5B	25.5B	22.7B	23.4B	23.8B	23.9B	23.0B	19.7B	11.3B	8.9B	5.8B	4.7B	2.9B	2.1B
Total Equity	73.0B	69.2B	66.1B	65.1B	58.4B	48.4B	32.5B	26.4B	23.5B	24.4B	24.7B	25.0B	24.6B	20.8B	11.9B	9.6B	6.2B	5.0B	3.1B	2.1B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	82.7B	78.3B	76.7B	112.0B	102.7B	78.8B	59.6B	41.4B	26.0B	24.5B	32.4B	37.3B	50.5B	52.6B	37.3B	19.1B	14.2B	8.0B	6.0B	3.1B
Tax Refunds Received	2.7B	3.0B	2.6B	2.0B	1.0B	948.0M	421.0M	347.0M	178.0M	251.0M	332.0M	384.0M	211.0M	146.0M	81.4M	111.0M	222.0M	48.0M	266,900	4.3M
Total Operating Cash Inflow	92.1B	88.5B	88.4B	119.1B	105.5B	84.0B	61.3B	42.6B	26.8B	26.1B	33.9B	39.8B	53.1B	53.8B	38.1B	20.2B	14.8B	8.4B	6.0B	3.1B
Cash Paid For Goods	51.6B	59.0B	61.1B	81.5B	67.0B	52.0B	38.7B	25.1B	15.9B	16.6B	20.3B	24.1B	34.7B	37.6B	22.8B	11.1B	11.2B	5.7B	4.2B	2.2B
Cash Paid To Employees	10.4B	10.3B	9.7B	9.3B	7.0B	5.4B	4.6B	3.7B	3.0B	2.9B	3.8B	3.9B	4.2B	3.6B	2.2B	1.2B	814.0M	554.0M	260.0M	192.0M
Taxes Paid	3.6B	3.6B	3.9B	6.4B	4.9B	4.0B	2.7B	1.8B	1.2B	1.1B	2.4B	2.6B	3.3B	4.6B	2.3B	1.2B	495.0M	426.0M	336.0M	207.0M
Total Operating Cash Outflow	77.3B	82.8B	84.3B	107.2B	92.1B	72.1B	50.8B	34.0B	23.5B	23.4B	32.7B	37.0B	47.4B	51.6B	31.4B	15.5B	14.1B	7.7B	5.5B	2.9B
Operating Cash Flow	14.8B	5.7B	4.1B	11.9B	13.4B	11.9B	10.5B	8.6B	3.2B	2.7B	1.2B	2.8B	5.7B	2.3B	6.7B	4.7B	640.0M	631.0M	510.0M	148.0M
Total Investing Cash Inflow	11.5B	9.8B	11.0B	16.7B	11.7B	15.9B	3.4B	3.4B	3.6B	1.5B	1.2B	1.4B	1.4B	333.0M	1.1B	223.0M	425.0M	1.4B	591.0M	29.3M
Total Investing Cash Outflow	12.7B	12.5B	12.9B	26.0B	22.8B	26.4B	14.2B	2.2B	1.3B	1.7B	3.4B	3.2B	7.9B	8.3B	7.8B	2.3B	1.4B	2.6B	768.0M	457.0M
Investing Cash Flow	-1.2B	-2.7B	-1.8B	-9.3B	-11.1B	-10.5B	-10.8B	1.2B	2.3B	-219.0M	-2.3B	-1.8B	-6.5B	-7.9B	-6.8B	-2.1B	-968.0M	-1.3B	-177.0M	-427.0M
Cash From Borrowings	27.3B	25.5B	56.7B	33.6B	23.7B	15.8B	9.5B	6.5B	17.3B	24.2B	13.4B	23.7B	32.9B	24.8B	6.9B	4.0B	3.6B	4.2B	2.2B	1.6B
Dividends And Interest Paid	3.0B	2.8B	4.7B	5.6B	4.0B	2.9B	1.7B	759.0M	977.0M	1.2B	2.6B	3.1B	4.1B	1.7B	1.4B	1.1B	433.0M	276.0M	110.0M	158.0M
Debt Repayments	34.2B	27.5B	48.9B	29.4B	20.7B	14.9B	7.9B	18.7B	24.5B	23.7B	11.4B	23.3B	29.1B	14.0B	3.5B	5.0B	2.5B	3.4B	2.1B	1.2B
Total Financing Cash Inflow	28.8B	26.5B	59.1B	35.1B	26.5B	17.2B	10.5B	6.6B	21.9B	24.2B	14.3B	23.9B	34.1B	24.8B	7.0B	4.5B	3.6B	5.8B	2.4B	1.6B
Total Financing Cash Outflow	39.1B	34.1B	54.3B	36.4B	29.0B	19.2B	9.7B	19.7B	26.5B	25.0B	14.0B	27.7B	33.2B	15.8B	6.2B	6.2B	2.9B	3.7B	2.2B	1.4B
Financing Cash Flow	-10.3B	-7.5B	4.8B	-1.3B	-2.5B	-2.0B	827.0M	-13.1B	-4.7B	-740.0M	261.0M	-3.8B	870.0M	9.0B	819.0M	-1.7B	689.0M	2.1B	111.0M	220.0M
Net Change In Cash	3.4B	-4.6B	7.0B	1.3B	-131.0M	-702.0M	595.0M	-3.3B	743.0M	1.7B	-780.0M	-2.9B	57.6M	3.3B	784.0M	868.0M	332.0M	1.4B	444.0M	-59.9M
Ending Cash Balance	11.6B	8.1B	12.7B	5.7B	4.4B	4.5B	4.3B	3.7B	7.0B	6.3B	4.6B	5.3B	8.3B	8.2B	4.9B	4.1B	2.9B	2.6B	1.2B	--
Capex	2.9B	4.5B	5.7B	10.3B	5.1B	2.4B	1.4B	515.0M	705.0M	1.5B	1.6B	2.2B	4.8B	7.1B	4.4B	2.0B	1.2B	700.0M	182.0M	420.0M