Sinosteel New Materials Co., Ltd.

Shenzhen Stock Exchange 002057.SZ

Sinosteel New Materials Co., Ltd. Operating Income for the year ending December 31, 2023: USD 51.39 M

Sinosteel New Materials Co., Ltd. Operating Income is USD 51.39 M for the year ending December 31, 2023, a -22.16% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.

Sinosteel New Materials Co., Ltd. Operating Income for the year ending December 31, 2022 was USD 66.02 M, a 65.45% change year over year.
Sinosteel New Materials Co., Ltd. Operating Income for the year ending December 31, 2021 was USD 39.90 M, a 30.73% change year over year.
Sinosteel New Materials Co., Ltd. Operating Income for the year ending December 31, 2020 was USD 30.52 M, a 33.29% change year over year.
Sinosteel New Materials Co., Ltd. Operating Income for the year ending December 31, 2019 was USD 22.90 M, a 21.87% change year over year.

Key data

Date	Operating Income	EBIT	EBITDA	Net Income

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