SANY Rated "Top Ten Highest Return Companies" Again with Accumulated Cash Dividend of 3.734 Billion Yuan

The 2012 CCTV (China Central Television) listed companies summit of China was held in Beijing on August 24. And the “CCTV Financial 50 Index and 2012 Sample Stock of the Year” was also released on the same day. Among over the 200 contestants, SANY Group, as a leading construction machinery company in China, won for the second time, the title of “Top Ten Highest Return Companies”. SANY Group was the only company from the construction machinery industry to win the title.

The “CCTV Financial 50 Index” was jointly launched by CCTV’s Finance channel and experts from 5 top universities including Beijing University August last year. The index is adjusted annually and this year’s index was released on August 24.

SANY Group has been known for its high rate of return in the capital market. On August 8, it gave out cash dividend (on an XR and XD basis) for year 2011, 3 yuan in cash for every 10 shares, 2.278 billion yuan in total. And this was the 9th time 9 years since its IPO.

The ratio of cash dividends in capital market is an important indicator to measure whether a company only “raises capital but gives no return”. Since its IPO, SANY has raised cumulatively 1.99billion yuan from the stock market and gave out 3.734 billion yuan in cash dividends, representing an unprecedented dividend financing ratio of 188% . In other words, SANY Group has returned all the funds raised from capital market in cash to its shareholders.

Boston Consulting Group carried out a survey of more than 700 listed companies in 14 industries two years ago and found that from 2005 to 2009, SANY’s rate of shareholder return averaged 67.4%, ranking fifth in the world and the highest among the world’s construction machinery companies. The latest statistics show that from 2005 to 2011, SANY’s CAGR of total shareholder return reached 88%.

Mr. Xiang  Wenbo, president of SANY Group, has this to say about the company’s performance in the capital market: “During the 9 years since IPO, the company has raised 1.99 billion yuan, given out 3.734 billion yuan in cash dividend, and become a global top 500 company in market cap, which has exceeded 100 billion yuan.”