SEC Electric Machinery Co., Ltd.

Shanghai Stock Exchange 603988.SS

SEC Electric Machinery Co., Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2023: USD 908.66 K

SEC Electric Machinery Co., Ltd. Net Cash Used For Investing Activities is USD 908.66 K for the year ending December 31, 2023, a -84.60% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.
  • SEC Electric Machinery Co., Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2022 was USD 5.90 M, a -80.33% change year over year.
  • SEC Electric Machinery Co., Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2021 was USD 30.01 M, a 241.24% change year over year.
  • SEC Electric Machinery Co., Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2020 was USD 8.79 M, a 32.15% change year over year.
  • SEC Electric Machinery Co., Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2019 was USD 6.65 M, a -54.89% change year over year.
Key data
Date Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities Dividends Paid Capital Expenditure
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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 Industrials
Industries
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.

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StockViz Staff

January 15, 2025

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