SEC Electric Machinery Co., Ltd.

Shanghai Stock Exchange 603988.SS

SEC Electric Machinery Co., Ltd. Cash and Short-Term Investments for the year ending December 31, 2023: USD 21.88 M

SEC Electric Machinery Co., Ltd. Cash and Short-Term Investments is USD 21.88 M for the year ending December 31, 2023, a 37.78% change year over year. Cash and short-term investments are the sum of cash and short-term investments, representing the company's liquid assets.

SEC Electric Machinery Co., Ltd. Cash and Short-Term Investments for the year ending December 31, 2022 was USD 15.88 M, a -51.58% change year over year.
SEC Electric Machinery Co., Ltd. Cash and Short-Term Investments for the year ending December 31, 2021 was USD 32.80 M, a -46.90% change year over year.
SEC Electric Machinery Co., Ltd. Cash and Short-Term Investments for the year ending December 31, 2020 was USD 61.77 M, a 49.92% change year over year.
SEC Electric Machinery Co., Ltd. Cash and Short-Term Investments for the year ending December 31, 2019 was USD 41.21 M, a -12.07% change year over year.

Key data

Date	Cash and Short-Term Investments	Receivables	Inventory	Goodwill

Shanghai Stock Exchange: 603988.SS

SEC Electric Machinery Co., Ltd.

CEO	Mr. Zhi Ming Yang
IPO Date	Nov. 4, 2014
Location	China
Headquarters	No. 777 East Gaolang Road
Employees	907
Sector	Energy
Industries Coal Automobiles & Vehicles Composite Materials Electric Vehicles (EVs) Hydro Energy Lithium Machinery Steel Wind Energy

Description

SEC Electric Machinery Co., Ltd. manufactures and sells motors in China. The company offers AC motors, such as squirrel cage asynchronous, wound rotor induction, compact asynchronous, flameproof, safety, petroleum drilling, and shipping propulsion motors; medium and large-sized DC motors; and synchronous, synchronous variable frequency, mine hoist, and mine milling motors. It also provides wind, turbo, short-circuit, and diesel engine generators; and electrical units comprising transformers and frequency inverters. The company's products are used in metallurgy, electricity, cement, petrochemical, mining, papermaking, oil drilling, wind power, water conservancy, and shipbuilding applications. It also exports its products to the United States, Germany, Switzerland, France, Italy, Russia, South Korea, South Africa, Brazil, India, Egypt, and internationally. The company is based in Wuxi, China.

Key trends

Past 5 years