On July 12, the 2022 Fortune 500 list was released. The list considered the performance and achievements of the world's largest Chinese listed enterprises in the past year, and ranked by annual operating income according to the latest annual report data officially disclosed by Listed Companies in various stock exchanges.
According to statistics, in 2022, a total of five upstream and downstream enterprises in the construction machinery industry were listed, including XCMG machinery, Sany Heavy Industry, Zoomlion Heavy Industry, Liugong and Weichai Power. The main pattern of the ranking (only enterprises in the construction machinery industry) has not changed.
It is worth noting that only Liugong rose by 5 places compared with 2021, while Weichai, Sany, XCMG and Zoomlion all fell, falling by 7, 20, 12 and 25 respectively.
In 2022, the total operating income of the 500 listed Chinese companies reached 62 trillion yuan, an increase of about 17.4% compared with the companies listed last year; The net profit reached 4.7 trillion yuan, an increase of about 9.2% over the previous year.
In line with the general trend, most Chinese construction machinery industry enterprises achieved good performance growth in 2021 amid adversity. However, the cost pressure caused by the rising price of raw materials and the lower than expected operating rate of infrastructure projects have greatly affected the profitability of enterprises.
The total revenue of the five enterprises listed in 2021 reached 489.823 billion yuan, a year-on-year increase of 6.57%, and the net profit reached 34.163 billion yuan, a year-on-year decrease of 7.62%.
The details are as follows: (rank according to the list in the following order)
63 Weichai Power
Weichai Power ranked 63rd in the fortune China 500 list in 2022, down 7 places from 2021.
Weichai Power achieved an operating revenue of 203.55 billion yuan in 2021, with a year-on-year increase of 3.2%; The net profit attributable to shareholders of listed companies was 9.25 billion yuan, an increase of 0.3% year-on-year. In 2021, the proportion of non road engines of Weichai Power in the total sales increased by 5.3 percentage points to 34.4%, ranking first in the loader, crane, bulldozer and other markets.
129 Sany Heavy Industries
Sany Heavy industry ranked 129 in the fortune China 500 list in 2022, down 20 places from 2021.
Sany Heavy industry achieved an operating revenue of about 106.113 billion yuan in 2021, with a year-on-year increase of 6.82%; The net profit attributable to shareholders of listed companies was about 12.033 billion yuan, a year-on-year decrease of 22.04%. In 2021, the market share of Sany Heavy Industry large and medium crawler cranes continued to increase, with an overall market share of more than 40%, ranking first in the country.
162 XCMG machinery
XCMG machinery ranked 162 in the 2022 Fortune 500 list, down 12 places from 2021.
XCMG machinery achieved a total operating income of 84.328 billion yuan in 2021, a year-on-year increase of 14.01%; The net profit attributable to the parent company was 5.615 billion yuan, an increase of 50.57% year-on-year. Among them, XCMG machinery's overseas operating revenue reached 12.94 billion yuan, a record high, an increase of 111.81% over the previous year, and its proportion in operating revenue increased from 8.26% of the previous year to 15.35%.
200 Zoomlion
Zoomlion ranked 200th in the fortune China 500 list in 2022, down 25 places from 2021.
Zoomlion achieved an operating revenue of 67.131 billion yuan in 2021, a year-on-year increase of 3.11%; The net profit was 6.27 billion yuan, a year-on-year decrease of 13.88%. Zoomlion's sales of aerial work machinery in 2021 reached 3.351 billion yuan, an increase of 310.76% year-on-year, becoming the company's new business growth point.
415 Liugong
Liu Gong ranked 415 in the fortune China 500 list in 2022, up 5 places from 2021.
Liugong achieved an operating revenue of about 28.701 billion yuan in 2021, an increase of 10.48% year-on-year; The net profit attributable to shareholders of listed companies was about 995 million yuan, a year-on-year decrease of 30.9%. In 2021, Liugong's overseas revenue was 5.98 billion yuan, an increase of 66.02% over the previous year; Accounting for about 20%, among which the overseas sales volume of excavator business increased by more than 100%.
