Comparing the performance of Xugong, Sany and Zhonglian, Sany Heavy Industry ranked first in 20 18 with a total operating income of 55.822 billion yuan and a net profit income of 6.303 billion yuan, and also ranked first in the construction machinery industry in China. Xugong's total operating income in 20 18 was 444 1 100 million yuan, and its net income was 2.056 billion yuan, ranking second.
Zoomlion's total operating income in 20 18 was 28.697 billion yuan, and its net profit income was185.7 billion yuan, ranking third. Judging from the choice of the market and consumers, Sany Heavy Industry bears the brunt. Its net profit income exceeds the sum of Xugong and Zhonglian. This shows that the darling of the market is Sany Heavy Industry.
In terms of qualifications, Xugong has a history of 67 years since its establishment, and it is also the only domestic construction machinery brand that has emerged from the war. Therefore, in terms of qualifications, Xugong is well-deserved first.
However, in the market environment, it is not who is old, who is the protagonist. That depends on who has the real ability and who has the strongest ability to make money. And it depends on who is more willing to invest in research and development, then who has the right to speak in the market.
The advantage of Sany lies in its involvement in many fields, such as concrete machinery, lifting machinery, excavation machinery, pavement machinery and so on. These are the strengths of Sany in the domestic market.
As of June 20 18, Sany has applied for 2070 patents/kloc-0 and granted 875 patents/kloc-0, which is also one of the best in the industry. It is precisely because of such a large investment in innovation that Sany's products are well received by consumers in the market. Not only cost-effective, but also good performance and stability.