Sinomach Precision Industry Group Co., Ltd.

SZSE:002046 Stock Report

Market Cap: CN¥7.6b

Sinomach Precision Industry Group Past Earnings Performance

Past criteria checks 1/6

Sinomach Precision Industry Group has been growing earnings at an average annual rate of 37.2%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 5.5% per year. Sinomach Precision Industry Group's return on equity is 6.6%, and it has net margins of 8.7%.

Key information

37.2%

Earnings growth rate

37.1%

EPS growth rate

Machinery Industry Growth11.8%
Revenue growth rate5.5%
Return on equity6.6%
Net Margin8.7%
Last Earnings Update30 Sep 2024

Recent past performance 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

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

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

Revenue & Expenses Breakdown

How Sinomach Precision Industry Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSE:002046 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,546222456240
30 Jun 242,591240454236
31 Mar 242,802270450218
31 Dec 232,784259436223
30 Sep 232,757276412194
30 Jun 232,933293396190
31 Mar 233,098255376220
01 Jan 233,436233371200
30 Sep 223,530151357217
30 Jun 223,641138330210
31 Mar 223,595134325172
01 Jan 223,328127321161
30 Sep 213,266181266123
30 Jun 212,997165288118
31 Mar 212,691143269110
31 Dec 202,35562252106
30 Sep 202,27446272102
30 Jun 202,1901827096
31 Mar 202,032-3428392
31 Dec 192,0852827994
30 Sep 192,0401730695
30 Jun 192,0133329186
31 Mar 192,1224328083
31 Dec 182,0662328073
30 Sep 181,9142934264
30 Jun 181,8133229876
31 Mar 181,5593030556
31 Dec 171,4941630850
30 Sep 172,09417137132
30 Jun 171,8331383790
31 Mar 171,5891073360
31 Dec 161,385962950
30 Sep 16427-1921400
30 Jun 16442-1891340
31 Mar 16436-1851290
31 Dec 15424-1781310
30 Sep 15459-26910
30 Jun 15434-22850
31 Mar 1548210910
31 Dec 1451318910
30 Sep 1455220980
30 Jun 14602301000
31 Mar 14619321030
31 Dec 13651381060

Quality Earnings: 002046 has a large one-off gain of CN¥79.6M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 002046's current net profit margins (8.7%) are lower than last year (10%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002046's earnings have grown significantly by 37.2% per year over the past 5 years.

Accelerating Growth: 002046's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002046 had negative earnings growth (-19.5%) over the past year, making it difficult to compare to the Machinery industry average (-0.06%).

Return on Equity

High ROE: 002046's Return on Equity (6.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 00:45
End of Day Share Price 2024/12/27 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 here.

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 .

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.