Sinosteel New Materials Co., Ltd.

Shenzhen Stock Exchange 002057.SZ

Sinosteel New Materials Co., Ltd. Net Income for the year ending December 31, 2023: USD 38.68 M

Sinosteel New Materials Co., Ltd. Net Income is USD 38.68 M for the year ending December 31, 2023, a -31.59% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.

Sinosteel New Materials Co., Ltd. Net Income for the year ending December 31, 2022 was USD 56.54 M, a 66.61% change year over year.
Sinosteel New Materials Co., Ltd. Net Income for the year ending December 31, 2021 was USD 33.94 M, a 28.09% change year over year.
Sinosteel New Materials Co., Ltd. Net Income for the year ending December 31, 2020 was USD 26.49 M, a 34.47% change year over year.
Sinosteel New Materials Co., Ltd. Net Income for the year ending December 31, 2019 was USD 19.70 M, a 10.80% change year over year.

Key data

Date	Net Income	EPS (Diluted)	Shares (Diluted, Weighted)	Net Income Margin

Shenzhen Stock Exchange: 002057.SZ

Sinosteel New Materials Co., Ltd.

CEO	Mr. Gang Wu
IPO Date	Aug. 2, 2006
Location	China
Headquarters	No.9, South Huolishan Avenue
Employees	1,239
Sector	Industrials
Industries Machinery Chemicals & Advanced Materials Steel

Description

Sinosteel New Materials Co., Ltd. produces and sells ferrite magnetic materials, and magnetic separation and crushing equipment in China and internationally. It offers ferrite magnet for automobile motors, household appliance motors, and DC permanent magnet motors; neodymium magnets, including sintered NdFeB magnets and multi-poles ring magnets; and manganous-manganic oxide. The company also provides permanent wet drum magnetic separators, drum permanent magnetic separators, multi-poles rising magnetic separators, dry permanent magnetic separators, roll type high intensity permanent magnetic separators, and permanent magnetic dehydration tanks. The company was formerly known as Sinosteel Anhui Tianyuan Technology Co.,Ltd. Sinosteel New Materials Co., Ltd. was founded in 2002 and is based in Ma'anshan, China.

Key trends

Past 5 years