On January 2, the first day of the opening of the market in 2020, sany went up all the way after the opening. At 9:45 am, sany's share price broke through 17.88 yuan in intraday trading, and the total market value of a-shares exceeded 150 billion yuan, A record high.
total market value exceeds 150 billion yuan
Data showed that sany's share price rose from 8.31 yuan to 17.05 yuan from the opening of the market on January 1, 2019 to the closing of the market on December 31, 2019, with a cumulative gain of 105.17 percent , outperforming the industry average and the three major indexes.
January 1, Wind's latest release. China's top 500 listed companies by market capitalization , sany heavy industry ranked 84th among the world's listed Chinese companies, ranking among the top 100, is the highest ranked construction machinery company.
As of 10:04 a.m., sany's shares rose to 17.94 yuan, giving it a total market value of 151.1 billion yuan, surpassing its 2011 peak.
It is reported that sany heavy industry is the only domestic industry with a total market value of more than 100 billion listed companies.
As a result of the bright performance, sany heavy industry was also transferred to the Shanghai stock exchange 50 sample stock, become one of the most representative Shanghai stock market 50 sample stock.
performance climb boost market value climb
Excellent business performance and operation quality, the promotion of the company's competitiveness, digitalization and internationalization strategy, and the market's confidence in the long-term development of China's construction machinery industry are the main reasons for the strong rise in the total market value of sany.
In 2019, digitalization and internationalization will boost high-quality development, with sales revenue and net profit of sany rising to the third place in the industry , the company's cash flow and profit level being the best in history, and the annual per capita output value exceeding 4 million/year, ranking among the first-class in the world.
Among them, the annual sales of sany excavators exceeded 60,000 units, a record high, and the domestic market became the sales champion for the ninth consecutive year. The total global sales volume reached 250,000 units, ranking among the top three in the industry.
On November 22, {4} nihon keizai daily reported that China sany heavy industry ranked among the top three construction machinery companies in the world {5}, which received high expectations from investors, and the total value of its share price increased sharply.
Enterprise growth is strong, after the performance of the market is more generally optimistic institutions. According to the statistics of sina finance and economics, in 60 days, a total of about 40 research papers issued sany heavy industry rating, all give ldquo; Buying & throughout; Or & other Overweight & throughout; Wait for the ratings.
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