Sinomach Precision Industry Co.,Ltd.

Shenzhen Stock Exchange 002046.SZ

Sinomach Precision Industry Co.,Ltd. Shareholders' Equity for the year ending December 31, 2023: USD 460.70 M

Sinomach Precision Industry Co.,Ltd. Shareholders' Equity is USD 460.70 M for the year ending December 31, 2023, a 2.71% change year over year. Shareholders' equity are the residual interest in the assets of a company after deducting liabilities, representing the shareholders' ownership claim.

Sinomach Precision Industry Co.,Ltd. Shareholders' Equity for the year ending December 31, 2022 was USD 448.54 M, a -1.20% change year over year.
Sinomach Precision Industry Co.,Ltd. Shareholders' Equity for the year ending December 31, 2021 was USD 453.99 M, a 6.84% change year over year.
Sinomach Precision Industry Co.,Ltd. Shareholders' Equity for the year ending December 31, 2020 was USD 424.94 M, a 9.42% change year over year.
Sinomach Precision Industry Co.,Ltd. Shareholders' Equity for the year ending December 31, 2019 was USD 388.36 M, a 0.47% change year over year.

Key data

Date	Shareholders' Equity	Minority Interest	Total Equity	Total Stockholders Equity and Liabilities

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