On the evening of January 30th，Sany Heavy Industry Releases Performance Forecast for 2022，It is estimated that the net profit attributable to shareholders of listed companies will be 4 billion yuan in 2022.-4.6 billion yuan，It will fall by 80% compared with the same period last year.3.3 billion yuan-74.3.3 billion yuan，Year-on-year decline of 66.76%-61.77%。The main reasons for the performance changes are as follows:，During the reporting period，The domestic construction machinery industry is in a downward adjustment period.，Combined with the slowdown of macroeconomic growth、Recurrence of novel coronavirus epidemic、Insufficient effective operating rate of the project and other factors，The domestic market demand for construction machinery has been greatly reduced.，Operating income declined by a large margin.。The company adheres to long-term doctrine，Continuous enhancement of new products、Research and development of new technologies，Increase digital intelligence、Electrification、R & D investment in international products and technologies。The company has increased its support to distributors.，Increase investment in market channels and services。

According to the third quarterly report of Sany Heavy Industry in 2022,，The company's revenue in the first three quarters was 59.2 billion yuan.，Year-on-year decline of 33%，Net profit of 3.6 billion yuan，Year-on-year decline of 71%；Third quarter revenue of 19.1 billion yuan，Year-on-year decline of 8%，Net profit attributable to parent company 9.600 million yuan，Year-on-year decline of 61%，The performance repair is obvious；Gross profit margin for the first three quarters of 2022 22.83%，Year-on-year decline of 4.49%。Gross profit margin for the third quarter 23.5%，Year-on-year decline of 1.11%，The month-on-month increase was 0.69%。According to the published annual results,，Shows that the company's profitability is recovering in the fourth quarter.。

This is also the first time that the company's net profit has been below 10 billion since 2019.。Construction machinery belongs to the strong cycle industry.，But it can not be simply treated according to the logic of the cycle.。Such as the peak of the last boom cycle in 2011.，Revenue of Sany Heavy Industry 507.7.6 billion yuan，Break through 100 billion yuan in 2021，Although it is a cycle，But the company as a whole is still spiraling upward.。

In addition，In 2022, the company's overseas market grew brilliantly.，In the first three quarters of 2022, the company achieved international sales revenue of 258..800 million yuan，Year-on-year growth of 43.7%，10% faster than the first half.8%；Among，International sales revenue excluding Putzmeister 213.1.4 billion yuan，Year-on-year growth of 56.8%，16% faster than the first half.6 percentage points。The company's sales in major overseas markets are outstanding.，Asia and Australia、Europe、The Americas、Sales revenue in the African region increased by 52% year-on-year.3%、26.5%、63.5%、29%；Overseas sales of the company's main products also showed positive growth.，Among them, the company's global market share of excavation machinery has increased rapidly.，Overseas market share has exceeded 8%；In America、The UK、Italy、Brazil、Canada and other big countries in overseas excavation machinery market，Sales revenue achieved 60%The rapid growth of more than。

It is believed that with the marginal improvement of the domestic real estate industry in 2023,，Infrastructure as an important starting point for steady growth，It will continue to work hard.，The impact of the epidemic has disappeared，Domestic construction machinery market demand will be improved.。