Guangxi Liugong Machinery Co Ltd - Company Profile
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Guangxi Liugong Machinery Co Ltd (GLMC) is a manufacturer of construction equipment and machinery. Its portfolio of products includes wheel loaders, hydraulic excavators, motor graders, large-tonnage excavators, skid steer loaders, cold planers, aerial work platforms, material handling, pavers, backhoe loaders, cranes, rollers, and dozers. The company also offers sales and after-sales services, maintenance, parts and financing services. It markets the products under the brand names Dressta, Jintai, LiuGong Concrete, and OVM. It serves several markets including road construction, building site excavation, mining, underground construction, landscaping, agriculture, demolition, oil and gas, utilities, aggregates, ports, and forestry. It has operations in Europe, Latin America, North America, South Africa, Asia-Pacific, and the Middle East. GLMC is headquartered in Liuzhou, Guangxi, China
Headquarters
China
Address
No.1 Liutai Road, Liuzhou, Guangxi, 545007
Website
www.liugong.com
Telephone
86 772 3886510
No of Employees
16,626
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
000528 (SHE)
Revenue (2022)
$3.9B
3.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
44.8%
(2022 vs 2021)
Market Cap*
$2.8B
Net Profit Margin (2022)
XYZ
39.4%
(2022 vs 2021)
* As of and is in US$
Guangxi Liugong Machinery Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Wheel Loaders | Accessory and Parts | LiuGong |
| Rollers | Maintenance | Dressta |
| Dozers | Financial Lease | Jintai |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In May, LiuGong Australia launched the 856HE MAX electric loader & 9027FE electric excavator at the official launch in Melbourne. |
| 2022 | Contracts/Agreements | In September, the company and CATL entered into a collaboration to advance the electric construction machinery sector. |
| 2022 | Contracts/Agreements | In July, the company and COSCO Shipping Special Transportation Co. entered into a three-year strategic cooperation agreement to deliver more than 100 pieces of equipment from Guangxi Qinzhou Bonded Port Zone to Indonesia and Australia. |
Competitor Comparison
| Key Parameters | Guangxi Liugong Machinery Co Ltd | Deere & Co | Sumec Corporation Ltd | XCMG Construction Machinery Co Ltd | Hitachi Construction Machinery Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | United States of America | China | China | Japan |
| City | Liuzhou | Moline | Nanjing | Xuzhou | Taito-Ku |
| State/Province | Guangxi | Illinois | Jiangsu | Jiangsu | Tokyo |
| No. of Employees | 16,626 | 83,000 | 16,593 | 27,457 | 25,430 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Zeng Guangan | Chairman; Chief Executive Officer | Executive Board | 2021 | 57 |
| Yu Chuanfen | Vice Chairman | Executive Board | 2013 | - |
| Liu Chuanjie | Vice President; Chief Financial Officer | Senior Management | 2016 | 56 |
| Huang Haibo | Director; President | Executive Board | 2017 | - |
| Huang Min | Director; Vice President | Executive Board | 2007 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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