TacticScaleWhat Sany Heavy Equipment International Does & How It Makes Money (0631.HK)
Updated October 2026 · reflects Sany Heavy Equipment International's latest reported financials
Chinese maker of mining, port, oil and gas, and new-energy equipment. It earns most of its revenue by selling heavy equipment across four segments: mining, logistics, oil and gas, and emerging industries.
How Sany Heavy Equipment International makes money
It earns most of its revenue by selling heavy equipment across four segments: mining, logistics, oil and gas, and emerging industries. It also sells spare parts and charges for technical services such as oilfield cementing and stimulation.
What Sany Heavy Equipment International does
Sany Heavy Equipment International, founded in 2004 and headquartered in Shenyang, is a subsidiary of Sany Hongkong Group. Its main business is mining equipment. It makes coal and non-coal mining machinery, intelligent shearers, excavators and mining transport vehicles, including electric and unmanned wide-body trucks. It also sells smart-mine systems that combine automated mining with unmanned driving. Its logistics segment makes port and material-handling machines such as front loaders, stackers, quayside gantry cranes, heavy forklifts and telehandlers, along with robots and electric forklifts. The company has also moved into energy. Its oil and gas segment supplies drilling, workover and pipe-handling equipment and frac spreads, and it provides cementing and stimulation services. Its emerging-industry segment makes equipment for producing lithium-ion batteries, solar modules and electrolysis hydrogen, and it is active across the hydrogen chain from production to refueling. Its customers are in mainland China, the rest of Asia, Europe, the US, Brazil and Africa.
Products & services
- Coal mining machinery and intelligent shearers
- Electric and unmanned wide-body mining trucks
- Port machinery: reach stackers, quayside gantry cranes, heavy forklifts
- Drilling and workover rigs and frac spreads
- Li-ion battery manufacturing and electrolysis hydrogen equipment
- Smart mine automation and unmanned driving solutions
What is Sany Heavy Equipment International worth?
A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.
We show a fair value only when the method is trustworthy. See Sany Heavy Equipment International on TacticScale →
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Sany Heavy Industry (600031.SS) · Sany Renewable Energy (688349.SS) · SINOMACH HEAVY EQUIPMENT (601399.SS) · Shantui Construction Machinery (000680.SZ)