At the end of October, with the release of the third quarter reports of listed companies, the performance of listed companies in the construction machinery industry in the first three quarters of 2022 will be disclosed. Although the sales volume of construction machinery market represented by excavators in the third quarter decreased slightly compared with that in the first half of the year, and overseas exports also showed a relatively high growth, it is still difficult to reverse the sharp decline in revenue and net profit in the first three quarters.
Today's Construction Machinery has summarized the performance reports of 20 listed companies, including Sany Heavy Industry, XCMG, Zoomlion Heavy Industry, Liugong and Shantui Co., Ltd., of which 13 companies' net profits have declined significantly, and 7 companies have achieved growth, most of which are manufacturers of high-speed machinery, forklifts and heavy trucks.
Many enterprises said in their performance disclosure that the decline was mainly due to the impact of the epidemic and the downward trend of the construction machinery industry.
In the first three quarters, the revenue and net profit of Sany Heavy Industry, XCMG Machinery and Zoomlion Heavy Industries continued to decline. The year-on-year growth rate of Sany Heavy Industry's net profit was -71.38%, and that of XCMG and Zoomlion was -31.33% and -61.29% respectively. XCMG ranked first in the industry with a revenue of 75.054 billion yuan and a net profit of 4.675 billion yuan in the first three quarters.
Among the 13 enterprises with declining performance, Power Xinke (formerly Shangchai) saw the largest year-on-year drop in net profit to -226.44%, while Hengli Hydraulic saw the smallest year-on-year drop in net profit to 10.70%, with an average drop of - 71.20%. Power Xinke said that the decline in performance was mainly due to the impact of economic growth downturn, repeated epidemics, insufficient project operation rate, etc. since 2022, and the sharp decline in heavy truck industry demand, which led to a significant decline in the company's heavy truck sales and engine sales year-on-year.
The net profits of Shanhe Intelligent and construction machinery decreased by 119.75% and 110.67% year on year respectively.
Among the seven enterprises that achieved profit growth, Shantui's net profit increased the most, with a year-on-year increase of 241.54%. Shantui said that it was mainly affected by the capital reduction and withdrawal from Komatsu Shantui Construction Machinery Co., Ltd. in the first half of the year. At the same time, due to the decline in sales scale and sales receipts in the current period, the cash flow generated by Shantui's operating activities dropped significantly to 130.17% year on year.
Tongli Heavy Industry, the main market, has always been focused on the open-pit coal mine market, and will continue to maintain a high growth rate in 2022. In the first three quarters, Tongli Heavy Industry's revenue is 4.013 billion yuan, up 43.92% year on year, and its net profit is 351 million yuan, up 42.44% year on year.
Anhui Heli's net profit in the first three quarters increased by 34.32% year on year, mainly due to the continuous growth of lithium battery new energy product sales and international business.
Summary of performance reports of major listed companies in the construction machinery industry in the first three quarters of 2022
XCMG achieved an operating income of RMB 75.054 billion in the first three quarters
XCMG announced on October 25 that its operating income in the first three quarters was RMB 75.054 billion, down 19.86% year on year; Net profit attributable to parent company was 4.676 billion yuan, down 31.33% year on year.
The operating revenue in the third quarter was 21.205 billion yuan, down 4.96% year on year; The net profit attributable to the parent company was 1.009 billion yuan, down 26.21% year on year.
Sany Heavy Industry's revenue in the first three quarters was 58.561 billion yuan
Sany Heavy Industry announced on October 28 that its revenue in the first three quarters of 2022 was 58.561 billion yuan, a year-on-year decrease of 33.24%, which was mainly due to the downward adjustment of the domestic industry and the repeated impact of the epidemic, leading to a decline in the sales of domestic construction machinery; The net profit attributable to the parent company was 3.597 billion yuan, down 71.38% year on year.
The revenue in the third quarter was 18.888 billion yuan, down 8.27% year on year; The net profit attributable to the parent company was 963 million yuan, down 61.38% year on year.
Zoomlion achieved an operating revenue of 30.649 billion yuan in the first three quarters
On the evening of October 28, Zoomlion Heavy Industries released its report for the third quarter of 2022, which showed that the company's operating income and attributable net profit in the first three quarters both declined, and Zoomlion Heavy Industries realized an operating income of about 30.649 billion yuan, down 43.69% year on year; The net profit was about 2.169 billion yuan, down 62.29% year on year.
The revenue in the third quarter was 9.349 billion yuan, down 21.94% year on year; The net profit attributable to the parent company was 453 million yuan, down 49.72% year on year.
Liugong's revenue in the first three quarters was about 20.034 billion yuan
Liugong released the third quarter performance announcement on the evening of October 27, saying that the revenue in the first three quarters of 2022 was about 20.034 billion yuan, a year-on-year decrease of 11.38%; The net profit attributable to shareholders of the listed company was about 586 million yuan, a year-on-year decrease of 42.45%.
The operating revenue in the third quarter was 6.267 billion yuan, up 7.6% year on year; Net profit was 107 million yuan, down 21.2% year on year.
Shantui achieved a total revenue of 6.526 billion yuan in the first three quarters
Shantui Shares disclosed its third quarter report on October 31, 2022. The company achieved a total operating income of 6.526 billion yuan in the first three quarters of 2022, a year-on-year decrease of 10.1%; The net profit attributable to the parent company was 486 million yuan, a year-on-year increase of 241.5%; Earnings per share was 0.32 yuan.
In the third quarter, the operating income was 2.316 billion yuan, up 25.21% year on year, and the net profit was 84 million yuan.
Xiamen Construction achieved a total operating income of 786 million yuan in the first three quarters
Xiamen Engineering Co., Ltd. disclosed its third quarter report on October 29, 2022. The company achieved a total operating income of 786 million yuan in the first three quarters of 2022, a year-on-year decrease of 33.2%, which was larger than the same period last year; The net profit attributable to the parent company was -64.88 million yuan, which was -10.39 million yuan in the same period of the previous year, and the range of loss increased.
In the third quarter, the operating income was 239 million yuan, down 16.91% year on year, and the net profit was - 0.31 billion yuan.
Anhui Heli's revenue in the first three quarters was 58.561 billion yuan
On the evening of October 21, Anhui Heli released its third quarter report. In the first three quarters, the company achieved a revenue of 11.949 billion yuan, up 1.09% year on year, and a net profit of 686 million yuan, up 34.34% year on year; Net operating cash flow was 236 million yuan, with a year-on-year growth of more than twice.
Among them, the operating revenue in the third quarter was 3.924 billion yuan, up 1.18% year on year; The net profit attributable to shareholders of the listed company was 254 million yuan, up 92.39% year on year. The change in net profit attributable to the parent company during the reporting period was mainly due to the continuous growth in sales of lithium battery new energy products and international business of the company.
Tongli Heavy Industry achieved a revenue of 4.013 billion yuan in the first three quarters
On the evening of October 26, Tongli released its financial report for the third quarter of 2022. In the first nine months of 2022, the company's revenue was 4.013 billion yuan, a year-on-year increase of 43.92%; The net profit attributable to shareholders of the listed company reached 351 million yuan, up 42.44% year on year.
In the third quarter, the company's revenue was 1.482 billion yuan, up 63.34% year on year; The net profit was 130 million yuan, up 87.7% year on year.
Yutong Heavy Industry achieved an operating income of 2.398 billion yuan in the first three quarters
Yutong Heavy Industry announced on October 24 that its operating revenue in the first three quarters was 2.398 billion yuan, down 13.8% year on year; The net profit attributable to the parent company was 236 million yuan, down 29.42% year on year. The gross profit of construction machinery business declined due to market demand for construction machinery products.
The operating income in the third quarter was 790 million yuan, down 16.16% year on year; The net profit attributable to the parent company was 69.463 million yuan, down 32.73% year on year.
CRCC Heavy Industry realized an operating income of 7.817 billion yuan in the first three quarters
On October 29, CRCC Heavy Industry released the third quarter report of 2022. From January to September 2022, the company achieved an operating income of 7.817 billion yuan, an increase of 8.84% year on year. The net profit attributable to shareholders of the listed company was 1.404 billion yuan, an increase of 8.57% year on year.
The operating income in the third quarter was 2.455 billion yuan, up 5.95% year on year; The net profit was 389 million yuan, up 2.98% year on year.
Total operating income of construction machinery in the first three quarters was 2.869 billion yuan
Construction machinery disclosed its third quarter report on October 29, 2022. The company achieved a total operating income of 2.869 billion yuan in the first three quarters of 2022, a year-on-year decrease of 17.9%; The net profit attributable to the parent company was -46.18 million yuan, which was 430 million yuan in the same period of last year, down 110.67% year on year, and it failed to maintain its profitability.
The operating income in the third quarter was 1.089 billion yuan, down 12.31% year on year; Net profit was 19 million yuan, down 89.52% year on year.
Shanhe Intelligent's revenue in the first three quarters was about 5.408 billion yuan
Shanhe Intelligent released its third quarter performance announcement on the evening of October 30, saying that its revenue in the first three quarters of 2022 was about 5.408 billion yuan, down 40.53% year on year; Net profit loss was about 97.37 million yuan, down 119.75% year on year; The basic earnings loss per share was 0.0896 yuan.
The operating income in the third quarter was 1.698 billion yuan, down 23.06% year on year; Net profit loss was about 131 million yuan, down 241.80% year on year.
Weichai Power achieved a revenue of 130.523 billion yuan in the first three quarters
On October 31, Weichai Power released its third quarter report. In the first three quarters of this year, Weichai Power achieved a revenue of 130.523 billion yuan, a year-on-year decrease of 27.44%; Net profit attributable to the parent company was 3.312 billion yuan, down 58.91% year on year; Non net profit was RMB 2.068 billion, down 71.53% year on year.
In the third quarter, Weichai Power's single quarter main revenue was 43.783 billion yuan, down 1.77% year on year; The net profit attributable to the parent company in a single quarter was 925 million yuan, a year-on-year decrease of 40.34%; Non net profit deducted in a single quarter was 457 million yuan, down 64.52% year on year; The gross profit margin is 16.91%.
Quanchai Power achieved a revenue of 3.975 billion yuan in the first three quarters
Quanchai Power's 2022 third quarter report shows that the company's main revenue in the first three quarters was 3.975 billion yuan, down 1.78% year on year; Net profit attributable to parent company was 79059400 yuan, down 32.7% year on year; Non net profit was 26.1175 million yuan, down 71.39% year on year.
The main revenue of the third quarter was 1.138 billion yuan, down 15.66% year on year; The net profit attributable to the parent company in the single quarter was 12.7032 million yuan, up 207.58% year on year.
Hengli Hydraulic's operating income in the first three quarters was 5.92 billion yuan
Hengli Hydraulic announced on October 24 that the company's operating income in the first three quarters was 5.92 billion yuan, a year-on-year decrease of 17.58%; Net profit attributable to parent company was 1.749 billion yuan, a year-on-year decrease of 10.7%.
In the third quarter, the company's operating income was 2.033 billion yuan, with a year-on-year growth of 3.96%; The net profit attributable to the parent company was 692 million yuan, up 19.98% year on year.
Hangzhou Fork Group achieved an operating revenue of 11.365 billion yuan in the first three quarters
On October 22, Hangcha Group Co., Ltd. released the third quarter performance report of 2022. In the first three quarters of this year, the company achieved an operating revenue of 11.365 billion yuan, up 3.28% year on year; The non net profit attributable to the parent company was 734 million yuan, up 2.08% year on year. The net cash flow from operating activities was 548 million yuan, up 275.32% year on year, mainly due to the increase in effective inventory control and settlement by bank bills in the current period.
In the third quarter alone, Hangzhou Fork Group achieved a revenue of 3.841 billion yuan, up 5.58% year on year; The non net profit attributable to the parent company was 295 million yuan, with a year-on-year growth of 29.75%. The sound operating ability and the recovery of the external market made the company's performance slowly recover.
Zhejiang Dingli achieved an operating revenue of 4.168 billion yuan in the first three quarters
On the evening of October 28, Zhejiang made great efforts to release the third quarter report of 2022. In the first three quarters, the company achieved an operating income of 4.168 billion yuan, a year-on-year increase of 4.32%; Net profit attributable to parent company was 876 million yuan, up 20.08% year on year.
In the third quarter, the operating revenue reached 1.224 billion yuan, a year-on-year decrease of 13.71%; The net profit attributable to the parent company was 302 million yuan, up 35.51% year on year.
Aidi Precision achieved a revenue of 1.453 billion yuan in the first three quarters
On the evening of October 28, Eddie Precision released its third quarter report. The company's main revenue in the first three quarters was 1.453 billion yuan, down 31.6% year on year; Net profit attributable to parent company was 161 million yuan, down 58.32% year on year; Non net profit was deducted by 150 million yuan, down 60.56% year on year.
In the third quarter of 2022, the company's single quarter main revenue was 418 million yuan, down 12.9% year on year; The net profit attributable to the parent company in a single quarter was 38259600 yuan, down 20.87% year on year; Non net profit deducted in a single quarter was 33.9294 million yuan, down 27.86% year on year; The debt ratio is 42.44%, the investment income is 1.9121 million yuan, the financial expenses are 12.0307 million yuan, and the gross profit rate is 28.51%.
Main revenue of Power Xinke (formerly Shangchai) in the first three quarters was 7.955 billion yuan
According to the third quarter report of Power Xinke in 2022, the company's main revenue in the first three quarters was 7.955 billion yuan, down 62.14% year on year; Net profit attributable to the parent company was -598.9743 million yuan, down 226.44% year on year; Non net profit deducted was -735606800 yuan, down 358.91% year on year.
In the third quarter of 2022, the company's single quarter main revenue was 2.228 billion yuan, a year-on-year decrease of 43.18%; The net profit attributable to the parent company in a single quarter was -368580200 yuan, down 388.75% year on year; Non net profit deducted in a single quarter was -421.3874 million yuan, a year-on-year decrease of 468.71%; The debt ratio is 61.78%, the investment income is 103 million yuan, the financial expenses are -43.0478 million yuan, and the gross profit margin is 7.21%.
Su Changchai A (Changchai Shares) achieved a total operating income of 1.724 billion yuan in the first three quarters
Su Changchai A disclosed the third quarter report on October 29, 2022. The company achieved a total operating income of 1.724 billion yuan in the first three quarters of 2022, a year-on-year decrease of 13%; The net profit attributable to the parent company was RMB 136 million, up 28.5% year on year; Earnings per share is 0.19 yuan.
In the third quarter, the company's operating income was 546 million yuan, up 12.68% year on year; Net profit attributable to parent company is 150 million yuan.
