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sany heavy equipment intl (631) Details

Sany Heavy Equipment International Holdings Company Limited, an investment holding company, is engaged in the research, development, manufacture, and sale integrated excavation machinery, integrated coal mining equipment, and coal mine transportation equipment in Mainland China. It offers roadheaders, such as soft rock roadheaders, hard rock roadheaders, large mining high roadheaders, and drilling machinery; and combined coal mining units, including coal mining machines, hydraulic support systems, scraper conveyors, and centralized control systems. The company also provides mining transport equipment comprising mechanical drive off-highway dump trucks, electric drive off-highway dump trucks, articulated trucks, and underground coal mining vehicles; continuous mining machineries and concrete pump for coal mines; and spare parts and maintenance services. Sany Heavy Equipment International Holdings Company Limited also exports its products primarily to Ukraine, Russia, Australia, the Philippines, Indonesia, Laos, and Iran. The company was founded in 2004 and is headquartered in Shenyang, the People’s Republic of China. Sany Heavy Equipment International Holdings Company Limited is a subsidiary of Sany Hongkong Group Limited.

Founded in 2004

sany heavy equipment intl (631) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: CNY151.0K
General Manager of The Sales Department, Sale...
Total Annual Compensation: CNY1.0M
Standing Vice General Manager
Total Annual Compensation: CNY513.0K
Compensation as of Fiscal Year 2013.

sany heavy equipment intl (631) Key Developments

Sany Heavy Equipment International Holdings Company Ltd. Provides Earnings Guidance for the Year Ended 31 December 2014

Sany Heavy Equipment International Holdings Company Ltd. announced that it is expected that the net profit of the group for the year ended 31 December 2014 will record a significant decrease ranging from approximately 50% to 60% as compared to the year ended 31 December 2013. Such expected decrease was primarily attributable to the following reasons: Weak demand in coal market, resulting in the contraction of demand in coal machineries. In particular, the market demand was weak since the second half of the year of 2014, as such the sale income of the group decreased as compared to the same period of the year of 2013. At present, since coal enterprise capital chain is generally tight, the group adheres to the principle of prudence, therefore decides to increase the proportion of bad debt provision made for the trade receivables for the year ended 31 December 2014, leading to a significant decrease in the net profit.

Sany Heavy Equipment International Holdings Company Ltd. Presents at UBS 15th Greater China Conference, Jan-12-2015

Sany Heavy Equipment International Holdings Company Ltd. Presents at UBS 15th Greater China Conference, Jan-12-2015 . Venue: Pudong Island Shangri-La, Shanghai, China.

Sany Heavy Equipment International Holdings Company Ltd. Announces Change of Address of Headquarter

The Board of Sany Heavy Equipment International Holdings Company Ltd. announced that due to the Disposal, with effect from June 30, 2015, the address of the headquarter of the company in the people's Republic of China will be changed from 31 Yansaihu Street, Economic and Technological Development Zone, Shenyang City, Liaoning province, PRC to No. 25, 16 Kaifa Road, Economic and Technology Development Zone, Shenyang City, Liaoning province, PRC.

 

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631:HK $1.66 HKD +0.01

631 Competitors

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631

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Valuation 631 Industry Range
Price/Earnings 15.3x
Price/Sales 1.3x
Price/Book 0.7x
Price/Cash Flow 15.3x
TEV/Sales 0.9x
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