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Sinomach Precision Industry Group SZSE:002046 Stock Report

Last Price

CN¥13.06

Market Cap

CN¥6.9b

7D

0%

1Y

60.6%

Updated

04 Feb, 2025

Data

Company Financials

Sinomach Precision Industry Group Co., Ltd.

SZSE:002046 Stock Report

Market Cap: CN¥6.9b

My Notes

Capture your thoughts, links and company narrative

Sinomach Precision Industry Group Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sinomach Precision Industry Group
Historical stock prices
Current Share PriceCN¥13.06
52 Week HighCN¥17.30
52 Week LowCN¥7.19
Beta0.37
1 Month Change4.06%
3 Month Change8.74%
1 Year Change60.64%
3 Year Change1.40%
5 Year Change120.24%
Change since IPO263.45%

Recent News & Updates

Sinomach Precision Industry Group Co., Ltd.'s (SZSE:002046) Prospects Need A Boost To Lift Shares

Nov 28
Sinomach Precision Industry Group Co., Ltd.'s (SZSE:002046) Prospects Need A Boost To Lift Shares

Recent updates

Sinomach Precision Industry Group Co., Ltd.'s (SZSE:002046) Prospects Need A Boost To Lift Shares

Nov 28
Sinomach Precision Industry Group Co., Ltd.'s (SZSE:002046) Prospects Need A Boost To Lift Shares

We Think That There Are More Issues For Sinomach Precision Industry Group (SZSE:002046) Than Just Sluggish Earnings

Nov 06
We Think That There Are More Issues For Sinomach Precision Industry Group (SZSE:002046) Than Just Sluggish Earnings

The Return Trends At Sinomach Precision Industry Group (SZSE:002046) Look Promising

Aug 22
The Return Trends At Sinomach Precision Industry Group (SZSE:002046) Look Promising

Sinomach Precision Industry Group (SZSE:002046) Is Paying Out A Larger Dividend Than Last Year

Jun 07
Sinomach Precision Industry Group (SZSE:002046) Is Paying Out A Larger Dividend Than Last Year

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

002046CN MachineryCN Market
7D0%0%0%
1Y60.6%29.0%20.1%

Return vs Industry: 002046 exceeded the CN Machinery industry which returned 34.3% over the past year.

Return vs Market: 002046 exceeded the CN Market which returned 25.6% over the past year.

Price Volatility

Is 002046's price volatile compared to industry and market?
002046 volatility
002046 Average Weekly Movement9.1%
Machinery Industry Average Movement6.8%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.7%
10% least volatile stocks in CN Market3.9%

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

Volatility Over Time: 002046's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

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 products, bearing manufacturing equipment, electric spindle and spindle units, and bearing inspection and analysis, as well as industry standard formulation and revision, bearing industry training, bearing trade, and other services.

Sinomach Precision Industry Group Co., Ltd. Fundamentals Summary

How do Sinomach Precision Industry Group's earnings and revenue compare to its market cap?
002046 fundamental statistics
Market capCN¥6.91b
Earnings (TTM)CN¥222.39m
Revenue (TTM)CN¥2.55b

31.1x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002046 income statement (TTM)
RevenueCN¥2.55b
Cost of RevenueCN¥1.65b
Gross ProfitCN¥893.75m
Other ExpensesCN¥671.36m
EarningsCN¥222.39m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Apr 12, 2025

Earnings per share (EPS)0.42
Gross Margin35.10%
Net Profit Margin8.73%
Debt/Equity Ratio23.1%

How did 002046 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

47%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/04 05:29
End of Day Share Price 2025/01/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sinomach Precision Industry Group Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chen ZhaoEverbright Securities Co. Ltd.
Shuang WuGuosen Securities Co., Ltd.