OverviewSuggest Edit

Tongyu Heavy Industry (通裕重工) is a manufacturer of forgings and castings. It offers main shafts, pipe moulds, cold work rolls, iron and steel castings, pressure vessel forgings, etc. The company caters to wind power, shipbuilding, petrochemical, marine engineering, aerospace, and other industries.

TypePublic
Founded1987
HQDezhou, CN
Websiteen.tongyuheavy.com

Locations

Tongyu Heavy Industry is headquartered in
Dezhou, China

Location Map

Latest Updates

Employees (est.) (Dec 2020)4,525(+25%)
Revenue (FY, 2020)¥5.7 B(+42%)
Share Price (Oct 2021)¥3.4(+4%)
Cybersecurity ratingBMore
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Key People/Management at Tongyu Heavy Industry

Ou Huisheng

Ou Huisheng

Chairman
Si Xingkui

Si Xingkui

Vice Chairman
Si Yong

Si Yong

Director, General Manager
Zhou Juan

Zhou Juan

Director
Huang Wenfeng

Huang Wenfeng

Director
Shi Aijun

Shi Aijun

Deputy General Manager
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Tongyu Heavy Industry Office Locations

Tongyu Heavy Industry has an office in Dezhou
Dezhou, CN (HQ)
National High-Tech Industrial Development Zone, (Yucheng)
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Tongyu Heavy Industry Financials and Metrics

Tongyu Heavy Industry Revenue

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Tongyu Heavy Industry's revenue was reported to be ¥5.69 b in FY, 2020 which is a 41.2% increase from the previous period.
CNY

Revenue (Q1, 2021)

1.5b

Gross profit (Q1, 2021)

291.4m

Gross profit margin (Q1, 2021), %

19.8%

Net income (Q1, 2021)

110.6m

Market capitalization (18-Oct-2021)

13.2b

Closing stock price (18-Oct-2021)

3.4

Cash (31-Mar-2021)

730.9m

EV

15.0b
Tongyu Heavy Industry's current market capitalization is ¥13.2 b.
Annual
CNYFY, 2018FY, 2019FY, 2020

Revenue

3.5b4.0b5.7b

Revenue growth, %

14%41%

Cost of goods sold

2.7b3.0b4.3b

Gross profit

820.6m1.0b1.4b
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

794.6m991.7m973.0m1.2b1.3b1.5b1.5b

Cost of goods sold

608.4m706.4m733.1m920.4m941.0m1.1b1.2b

Gross profit

186.2m285.3m239.9m242.8m391.0m409.3m291.4m

Gross profit Margin, %

23%29%25%21%29%27%20%
Annual
CNYFY, 2018FY, 2019FY, 2020

Cash

1.0b1.4b1.2b

Accounts Receivable

1.3b1.6b1.5b

Prepaid Expenses

330.9m180.5m116.7m

Inventories

2.1b2.3b2.3b
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

1.4b1.4b1.3b1.5b1.5b1.4b730.9m

Accounts Receivable

1.4b1.6b1.7b1.7b1.7b1.5b1.7b

Prepaid Expenses

338.2m323.6m357.0m193.3m147.0m223.8m155.2m

Inventories

2.1b2.2b2.1b2.3b2.4b2.5b2.2b
Annual
CNYFY, 2018FY, 2019FY, 2020

Cash From Operating Activities

238.5m344.5m693.5m

Purchases of PP&E

(560.6m)(276.3m)201.5m

Cash From Investing Activities

5.2m(570.9m)(115.6m)

Long-term Borrowings

(3.1b)(2.9b)(3.0b)
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash From Operating Activities

42.4m146.6m186.0m45.7m167.8m235.4m160.4m

Purchases of PP&E

(48.2m)209.7m(273.1m)(104.9m)(166.1m)(241.5m)69.3m

Cash From Investing Activities

(41.7m)(212.5m)(288.8b)(104.8m)(169.8m)(234.2m)139.0m

Long-term Borrowings

(849.3m)(1.6b)(2.1b)(1.1b)(1.4b)(1.8b)(1.2b)
CNYFY, 2018

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x
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Tongyu Heavy Industry Operating Metrics

Jun, 2021

Product Categories

10
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Tongyu Heavy Industry Acquisitions / Subsidiaries

Company NameDateDeal Size
Changzhou Dongfang Electromechanical Co., Ltd.
Changzhou Haijie Metallurgical Machinery Manufacturing Ltd
Guizhou Baofeng New Energy Development Co.,Ltd
Hong Kong Tongyu International Trading Co., Ltd.
Jiangsu Haijie Aviation Equipment Technology Co., Ltd.
Jinan Metallurgical Research Institute Co.,Ltd
Qingdao Baojian Technology Engineering Co. Ltd
Qingdao Bortome Import & Export Co., Ltd
Shandong Xinshang Material Ltd
Shandong Xinyuan Thermal Power Co., Ltd
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Tongyu Heavy Industry Revenue Breakdown

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Tongyu Heavy Industry revenue breakdown by business segment: 90.0% from General Equipment Manufacturing and 10.0% from Other

Tongyu Heavy Industry revenue breakdown by geographic segment: 23.7% from International and 76.3% from Domestic

Tongyu Heavy Industry Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Tongyu Heavy Industry Online and Social Media Presence

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Tongyu Heavy Industry Frequently Asked Questions

  • When was Tongyu Heavy Industry founded?

    Tongyu Heavy Industry was founded in 1987.

  • Who are Tongyu Heavy Industry key executives?

    Tongyu Heavy Industry's key executives are Ou Huisheng, Si Xingkui and Si Yong.

  • How many employees does Tongyu Heavy Industry have?

    Tongyu Heavy Industry has 4,525 employees.

  • What is Tongyu Heavy Industry revenue?

    Latest Tongyu Heavy Industry annual revenue is ¥5.7 b.

  • What is Tongyu Heavy Industry revenue per employee?

    Latest Tongyu Heavy Industry revenue per employee is ¥1.3 m.

  • Who are Tongyu Heavy Industry competitors?

    Competitors of Tongyu Heavy Industry include Xinxing Cathay International, Hunan Standard Steel and Alcoa.

  • Where is Tongyu Heavy Industry headquarters?

    Tongyu Heavy Industry headquarters is located at National High-Tech Industrial Development Zone, (Yucheng), Dezhou.

  • Where are Tongyu Heavy Industry offices?

    Tongyu Heavy Industry has an office in Dezhou.

  • How many offices does Tongyu Heavy Industry have?

    Tongyu Heavy Industry has 1 office.