Sany shrugs off trade barriers as international sales hit 64% of revenue

The Chinese OEM reported total revenue of US$12.5 billion in 2025, up 14.7% year-on-year.

International revenue reached US$7.8 billion, representing 64% of total turnover, with the company stating that overseas margins continue to outperform overall levels.

Net profit rose 41% to US$1.2 billion while gross margin improved to 27.7%, an increase of 1.07 percentage points.

Africa recorded the fastest growth, with revenue rising 55% to nearly US$1.2 billion, which Sany said was supported by infrastructure demand and increased localisation efforts.

Asia-Pacific remained the largest regional contributor at US$3.3 billion, while Europe generated nearly US$1.8 billion and the Americas US$1.6 billion.

Sany said its performance continues to be underpinned by its core equipment segments. Excavators generated US$4.3 billion, accounting for 38.7% of total revenue, while cranes and concrete machinery together delivered more than US$4.4 billion.

Road machinery and piling equipment saw growth of 25% and 36% respectively.

The company pointed to a more diversified product portfolio as a factor in supporting increasingly complex applications across international markets.

Cash generation also strengthened, with operating cash flow rising 34.8% to US$2.8 billion.

Sany said this, alongside a more balanced mix of revenue across regions and product lines, indicates a business becoming more resilient and less exposed to cyclical volatility.

The results mark a continuation of the group’s internationalisation strategy, which has accelerated in recent years as Chinese manufacturers expand their presence in overseas markets.

In a statement, the management of Sany Heavy Industry said, “After 40 years of evolution, Sany is now a more resilient, global, and predictable business. The 2025 results prove that our global strategy is no longer just an objective—it is our reality. We remain committed to building long-term value by supporting the world’s most complex infrastructure projects.”