Sinomach Precision Industry Co.,Ltd.

Shenzhen Stock Exchange 002046.SZ

Sinomach Precision Industry Co.,Ltd. Revenue for the year ending December 31, 2023: USD 392.09 M

Sinomach Precision Industry Co.,Ltd. Revenue is USD 392.09 M for the year ending December 31, 2023, a -21.25% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.

Sinomach Precision Industry Co.,Ltd. Revenue for the year ending December 31, 2022 was USD 497.91 M, a -4.93% change year over year.
Sinomach Precision Industry Co.,Ltd. Revenue for the year ending December 31, 2021 was USD 523.74 M, a 45.16% change year over year.
Sinomach Precision Industry Co.,Ltd. Revenue for the year ending December 31, 2020 was USD 360.80 M, a 20.50% change year over year.
Sinomach Precision Industry Co.,Ltd. Revenue for the year ending December 31, 2019 was USD 299.42 M, a -0.32% change year over year.

Key data

Date	Revenue	Gross Profit	Operating Income	EBIT

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