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Sinomach Precision Industry Group SZSE:002046 Stock Report

Last Price

CN¥12.37

Market Cap

CN¥6.5b

7D

3.1%

1Y

2.1%

Updated

26 Nov, 2024

Data

Company Financials

Sinomach Precision Industry Group Co., Ltd.

SZSE:002046 Stock Report

Market Cap: CN¥6.5b

002046 Stock Overview

Sinomach Precision Industry Group Co., Ltd. More details

002046 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends3/6

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¥12.37
52 Week HighCN¥14.38
52 Week LowCN¥7.19
Beta0.43
11 Month Change4.56%
3 Month Change31.74%
1 Year Change2.06%
33 Year Change-25.03%
5 Year Change87.14%
Change since IPO244.25%

Recent News & Updates

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

Recent updates

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
7D3.1%0.8%-0.6%
1Y2.1%4.1%3.2%

Return vs Industry: 002046 underperformed the CN Machinery industry which returned 4.1% over the past year.

Return vs Market: 002046 underperformed the CN Market which returned 3.2% over the past year.

Price Volatility

Is 002046's price volatile compared to industry and market?
002046 volatility
002046 Average Weekly Movement8.0%
Machinery Industry Average Movement8.6%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002046 has not had significant price volatility in the past 3 months compared to the CN market.

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?
002046 fundamental statistics
Market capCN¥6.54b
Earnings (TTM)CN¥222.39m
Revenue (TTM)CN¥2.55b

29.4x

P/E Ratio

2.6x

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

n/a

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

1.6%

Current Dividend Yield

47%

Payout Ratio