sany heavy industry (600031): Performance meets expectations, the effects of improving quality and reducing costs are evident.

Introduction to this report: As a leading domestic construction machinery company, the electrification and digitalization progress smoothly, with global competitiveness, high recognition in the domestic market, extensive layout overseas, and the strength to avoid trade frictions, bullish on the company's performance growth. Investment advice.

gtjaNov 4 19:02

Sany Heavy Industry (600031) Quarterly Report Review: Excellent performance in the third quarter, new high-quality development with the 'Three Transformations' global strategy, outstanding manufacturing across industry cycles.

The company released the third quarter report, with excellent performance! Q1-Q3 24: revenue of 58.361 billion yuan, yoy +3.92%, net income attributable to the parent company of 4.868 billion yuan, yoy +19.66%, non-net profit attributable to the parent of 46.2 billion.

tianfeng securitiesNov 3 07:47

Results: Sany Heavy Industry Co.,Ltd Beat Earnings Expectations And Analysts Now Have New Forecasts

Simply Wall StNov 2 06:14

Sany Heavy Industry (600031): Q3 revenue grows rapidly, strict cost control, net margin continues to improve.

The company's revenue in 2024Q3 increased by nearly 20%, with a significant increase in growth rate, mainly benefiting from the domestic excavator sales recovery and the overseas revenue growth acceleration. The net income attributable to the parent company almost doubled, mainly due to the company's strict control over research and development, management, etc.

cscNov 1 18:52

sany heavy industry (600031.SH) shareholder Yu Hongfu completed the shareholding of 0.9 million shares

sany heavy industry (600031.SH) announced that on November 1, 2024, Yu Hongfu acquired a total of 5.85 million shares through centralized bidding...

Zhitong FinanceNov 1 17:18

Citigroup: Maintains a "neutral" rating on Zoomlion, with the target price raised to 5.3 Hong Kong dollars.

Citi released a research report stating that zoomlion (01157) emphasizes enhancing shareholder return, raising profit forecasts for 2024 and 2025 by 4% and 7% respectively, mainly due to the downward revision of operating expenditure forecasts for these two years. The target price has been raised from HK$3.8 to HK$5.3, but after the stock rose by over 40% in the past two months, the rating is maintained as 'Neutral', compared to being bullish on the peer sany heavy industry (600031.SH). The report mentioned that although zoomlion's revenue decline year-on-year widened from 7% in the second quarter to 14% in the third quarter, the third-quarter profit still increased by 4% year-on-year, performing better than the management's belief that the third quarter might be a transition period.

Sina Hong Kong StocksNov 1 11:05