Sinomach Precision Industry Co.,Ltd.

Shenzhen Stock Exchange 002046.SZ

Sinomach Precision Industry Co.,Ltd. Current Liabilities for the year ending December 31, 2023: USD 164.13 M

Sinomach Precision Industry Co.,Ltd. Current Liabilities is USD 164.13 M for the year ending December 31, 2023, a -34.58% change year over year. Current liabilities are obligations that are expected to be settled within one year, including accounts payable, short-term debt, and other current liabilities.

Sinomach Precision Industry Co.,Ltd. Current Liabilities for the year ending December 31, 2022 was USD 250.90 M, a 31.04% change year over year.
Sinomach Precision Industry Co.,Ltd. Current Liabilities for the year ending December 31, 2021 was USD 191.46 M, a -2.36% change year over year.
Sinomach Precision Industry Co.,Ltd. Current Liabilities for the year ending December 31, 2020 was USD 196.10 M, a -9.57% change year over year.
Sinomach Precision Industry Co.,Ltd. Current Liabilities for the year ending December 31, 2019 was USD 216.85 M, a -2.84% change year over year.

Key data

Date	Current Liabilities	Total Non-Current Liabilities	Shareholders' Equity	Long-Term Debt

Shenzhen Stock Exchange: 002046.SZ

Sinomach Precision Industry Co.,Ltd.

CEO	Mr. Wei Jiang
IPO Date	May 26, 2005
Location	China
Headquarters	No. 121 Science Avenue
Employees	1,874
Sector	Materials
Industries Chemicals & Advanced Materials Automotive Parts Machinery

Description

Sinomach Precision Industry Co., Ltd. researches, develops, manufactures, and sells bearings and related parts in China. It offers ordinary and consolidated abrasives; super hard material products; coated abrasives; and testing and industry specific equipment. It serves aerospace, automotive and rail transportation, energy and environmental protection, marine weapons, machine tools, petrochemicals, electronics, metallurgy, construction, and other industries. The company was formerly known as Luoyang Bearing Science & Technology Co.,Ltd and changed its name to Sinomach Precision Industry Co., Ltd. in December 2020. Sinomach Precision Industry Co., Ltd. was founded in 2001 and is based in Zhengzhou, China.

Key trends

Past 5 years