![]() CITIC HIC CITIC HIC (CITIC Heavy Industries, 中信重工机械股份有限公司, formerly Luoyang Mining Machinery) is a manufacturer and seller of heavy equipment. | ![]() China First Heavy Industries China First Heavy Industries (CFHI, 中国第一重型机械股份公司) is a company that manufactures metalwork machinery equipment. | ![]() Hyster-Yale Hyster-Yale is a company that designs, engineers, manufactures, sells, and services lift trucks, attachments, and aftermarket parts. | ![]() Manitowoc Manitowoc (formerly known as Manitowoc Shipbuilding) is a manufacturer of lifting solutions. | ||
Founding Date | Founding Date 1943 | Founding Date 1956 | Founding Date 1954 | Founding Date 1989 | Founding Date 1902 |
Type | Type Private | Type Public | Type Public | Type Public | Type Public |
Tags | |||||
Locations | Locations Pasaia, ES HQ Itupeva, BR Suzhou Shi, CN | Locations Luoyang, CN HQ Silverwater, AU Cape Town, ZA O Porriño, ES | Locations Qiqihar, CN HQ Beijing, CN Beijing, CN Dalian, CN Dalian, CN Harbin, CN Tianjin, CN | Locations Cleveland, US HQ Milperra, AU Prospect, AU Itu, BR Serra, BR Pointe Claire, CA Hangzhou, CN see more | Locations Milwaukee, US HQ Blacktown, AU Seysses, FR Wilhelmshaven, DE Borgo, IT Lainate, IT Parada, PT see more |
Employees | Employees 1961% increase | Employees 6,983 | Employees 8,401 | Employees 8,5001% decrease | Employees 4,7002% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) 2.7 b | Valuation ($) 3 b | Valuation ($) 1.1 b | Valuation ($) 344.1 m |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) ¥8b (FY, 2025) | Revenue (est.) ¥9.6b (FY, 2025) | Revenue (est.) $3.8b (FY, 2025) | Revenue (est.) $2.2b (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods ¥6.6b (FY, 2025) | Cost of goods ¥8.5b (FY, 2025) | Cost of goods $3.1b (FY, 2025) | Cost of goods $1.8b (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit ¥1.4b (FY, 2025) | Gross profit ¥1.2b (FY, 2025) | Gross profit $632.8m (FY, 2025) | Gross profit $404.7m (FY, 2025) |
Net income | Net income N/A | Net income ¥366.3m (FY, 2025) | Net income (¥119m) (FY, 2025) | Net income ($58m) (FY, 2025) | Net income $7.2m (FY, 2025) |
Operating ⚠ | |||||
Backlog | Backlog N/A | Backlog N/A | Backlog N/A | Backlog $3.7b (FY, 2022) | Backlog $971.3m (Q1, 2024) |

CITIC HIC (CITIC Heavy Industries, 中信重工机械股份有限公司, formerly Luoyang Mining Machinery) is a manufacturer and seller of heavy equipment.
View company
China First Heavy Industries (CFHI, 中国第一重型机械股份公司) is a company that manufactures metalwork machinery equipment.
View company
Hyster-Yale is a company that designs, engineers, manufactures, sells, and services lift trucks, attachments, and aftermarket parts.
View company
Manitowoc (formerly known as Manitowoc Shipbuilding) is a manufacturer of lifting solutions.
View company