![]() CITIC HIC CITIC HIC (CITIC Heavy Industries Co., 中信重工机械股份有限公司) is a manufacturer and seller of heavy equipment. | ![]() Manitowoc Manitowoc (formerly known as Manitowoc Shipbuilding) is a manufacturer of lifting solutions. | ![]() Hyster-Yale Hyster-Yale is a company that designs, engineers, manufactures, sells, and services lift trucks, attachments, and aftermarket parts. | Sinomach Sinomach (also known as China National Machinery Industry, 中国机械工业集团有限公司, formerly known as First Ministry of Machinery Industry) is a company that manufactures industrial equipment. | ||
Founding Date | Founding Date 1896 | Founding Date 1956 | Founding Date 1902 | Founding Date 1989 | Founding Date 1997 |
Type | Type Subsidiary | Type Public | Type Public | Type Public | Type Private |
Tags | |||||
Locations | Locations CZ HQ Groot Ammers, NL | Locations Luoyang, CN HQ Silverwater, AU Cape Town, ZA O Porriño, ES | Locations Milwaukee, US HQ Blacktown, AU Seysses, FR Wilhelmshaven, DE Borgo, IT Lainate, IT Parada, PT see more | Locations Cleveland, US HQ Milperra, AU Prospect, AU Itu, BR Serra, BR Pointe Claire, CA Hangzhou, CN see more | Locations Beijing, CN HQ Beijing, CN Tianjin, CN |
Employees | Employees 1021% increase | Employees 6,983 | Employees 4,7002% decrease | Employees 8,5001% decrease | Employees 120,0002% increase |
Valuation ($) | Valuation ($) N/A | Valuation ($) 2.7 b | Valuation ($) 344.1 m | Valuation ($) 1.1 b | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) ¥8b (FY, 2025) | Revenue (est.) $2.2b (FY, 2025) | Revenue (est.) $3.8b (FY, 2025) | Revenue (est.) ¥311b (FY, 2024) |
Cost of goods | Cost of goods N/A | Cost of goods ¥6.6b (FY, 2025) | Cost of goods $1.8b (FY, 2025) | Cost of goods $3.1b (FY, 2025) | Cost of goods ¥277.1b (FY, 2024) |
Gross profit | Gross profit N/A | Gross profit ¥1.4b (FY, 2025) | Gross profit $404.7m (FY, 2025) | Gross profit $632.8m (FY, 2025) | Gross profit ¥33.9b (FY, 2024) |
Net income | Net income N/A | Net income ¥366.3m (FY, 2025) | Net income $7.2m (FY, 2025) | Net income ($58m) (FY, 2025) | Net income ¥6b (FY, 2024) |
Operating ⚠ | |||||
Backlog | Backlog N/A | Backlog N/A | Backlog $971.3m (Q1, 2024) | Backlog $3.7b (FY, 2022) | Backlog N/A |

CITIC HIC (CITIC Heavy Industries Co., 中信重工机械股份有限公司) is a manufacturer and seller of heavy equipment.
View company
Manitowoc (formerly known as Manitowoc Shipbuilding) is a manufacturer of lifting solutions.
View company
Hyster-Yale is a company that designs, engineers, manufactures, sells, and services lift trucks, attachments, and aftermarket parts.
View companySinomach (also known as China National Machinery Industry, 中国机械工业集团有限公司, formerly known as First Ministry of Machinery Industry) is a company that manufactures industrial equipment.
View company