Sany Heavy Equipment International Holdings Company (631) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue rose 22.2% YoY, while net profit fell 5.8%; Q3 revenue and net profit increased 25.6% and 5.0%, respectively.

• Core businesses developed steadily, with mining and logistics equipment revenue and overseas sales growing rapidly.

Financial highlights

• 9M revenue was RMB22,171,134k, up 22.2% YoY; gross profit was RMB4,808,368k, up 11.0%.

• 9M profit before tax was RMB2,063,125k, down 6.6% YoY; net profit was RMB1,601,408k, down 5.8%.

• 9M profit attributable to owners was RMB1,663,856k, down 2.6% YoY.

• Q3 revenue was RMB7,421,351k, up 25.6% YoY; gross profit was RMB1,549,093k, up 8.1%.

• Q3 profit before tax was RMB504,698k, up 0.5% YoY; net profit rose 5.0% to RMB426,256k and owners’ profit rose 7.8% to RMB446,290k.

Outlook and guidance

• Plans include expanding international presence, optimizing business and product structure, and strengthening lean operations and cost control.

• These priorities support the stated objective of high-quality development.