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Sinomach Precision Industry Group SZSE:002046 Stock Report

Last Price

CN¥10.80

Market Cap

CN¥5.7b

7D

9.6%

1Y

-8.4%

Updated

02 May, 2024

Data

Company Financials

Sinomach Precision Industry Group Co., Ltd.

SZSE:002046 Stock Report

Market Cap: CN¥5.7b

Sinomach Precision Industry Group Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sinomach Precision Industry Group
Historical stock prices
Current Share PriceCN¥10.80
52 Week HighCN¥13.60
52 Week LowCN¥7.19
Beta0.41
1 Month Change4.45%
3 Month Change24.42%
1 Year Change-8.40%
3 Year Change24.28%
5 Year Change41.73%
Change since IPO200.56%

Recent News & Updates

Sinomach Precision Industry Group's (SZSE:002046) Solid Earnings May Rest On Weak Foundations

Apr 20
Sinomach Precision Industry Group's (SZSE:002046) Solid Earnings May Rest On Weak Foundations

There's Been No Shortage Of Growth Recently For Sinomach Precision Industry Group's (SZSE:002046) Returns On Capital

Mar 27
There's Been No Shortage Of Growth Recently For Sinomach Precision Industry Group's (SZSE:002046) Returns On Capital

Recent updates

Sinomach Precision Industry Group's (SZSE:002046) Solid Earnings May Rest On Weak Foundations

Apr 20
Sinomach Precision Industry Group's (SZSE:002046) Solid Earnings May Rest On Weak Foundations

There's Been No Shortage Of Growth Recently For Sinomach Precision Industry Group's (SZSE:002046) Returns On Capital

Mar 27
There's Been No Shortage Of Growth Recently For Sinomach Precision Industry Group's (SZSE:002046) Returns On Capital

Further Upside For Sinomach Precision Industry Group Co., Ltd. (SZSE:002046) Shares Could Introduce Price Risks After 30% Bounce

Mar 06
Further Upside For Sinomach Precision Industry Group Co., Ltd. (SZSE:002046) Shares Could Introduce Price Risks After 30% Bounce

Shareholder Returns

2046CN MachineryCN Market
7D9.6%1.4%3.1%
1Y-8.4%-6.3%-13.1%

Return vs Industry: 002046 underperformed the CN Machinery industry which returned -6.3% over the past year.

Return vs Market: 002046 exceeded the CN Market which returned -13.1% over the past year.

Price Volatility

Is 2046's price volatile compared to industry and market?
2046 volatility
2046 Average Weekly Movement7.6%
Machinery Industry Average Movement9.4%
Market Average Movement8.6%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 002046's share price has been volatile over the past 3 months.

Volatility Over Time: 002046's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20011,874Wei Jiangwww.sinomach-pi.cn

Sinomach Precision Industry Group Co., Ltd. engages in the research, development, manufactures, and sale of bearings, abrasives, and grinding tools in China. The company offers bearing field; super hard material; and bonded and coated abrasives.

Sinomach Precision Industry Group Co., Ltd. Fundamentals Summary

How do Sinomach Precision Industry Group's earnings and revenue compare to its market cap?
2046 fundamental statistics
Market capCN¥5.71b
Earnings (TTM)CN¥269.88m
Revenue (TTM)CN¥2.80b

21.2x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2046 income statement (TTM)
RevenueCN¥2.80b
Cost of RevenueCN¥1.88b
Gross ProfitCN¥919.09m
Other ExpensesCN¥649.21m
EarningsCN¥269.88m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.51
Gross Margin32.80%
Net Profit Margin9.63%
Debt/Equity Ratio19.4%

How did 2046 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

39%

Payout Ratio
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