Sinomach Precision Industry Co.,Ltd.

Shenzhen Stock Exchange 002046.SZ

Sinomach Precision Industry Co.,Ltd. Free Cash Flow for the year ending December 31, 2023: USD 21.32 M

Sinomach Precision Industry Co.,Ltd. Free Cash Flow is USD 21.32 M for the year ending December 31, 2023, a 120.02% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Sinomach Precision Industry Co.,Ltd. Free Cash Flow for the year ending December 31, 2022 was USD 9.69 M, a 287.44% change year over year.
Sinomach Precision Industry Co.,Ltd. Free Cash Flow for the year ending December 31, 2021 was USD -5.17 M, a -114.25% change year over year.
Sinomach Precision Industry Co.,Ltd. Free Cash Flow for the year ending December 31, 2020 was USD 36.27 M, a 347.99% change year over year.
Sinomach Precision Industry Co.,Ltd. Free Cash Flow for the year ending December 31, 2019 was USD -14.62 M, a 39.81% change year over year.

Key data

Date	Free Cash Flow	Operating Cash Flow	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities

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