Sinomach Precision Industry Co.,Ltd.

Sinomach Precision Industry Co.,Ltd.

002046.SZ
Sinomach Precision Industry Co.,Ltd.CN flagShenzhen Stock Exchange
67.55
CNY
-2.46
- -
36.22BMarket Cap
Sinomach Precision Industry Co.,Ltd.
002046.SZ
(Shenzhen Stock Exchange)

Recent

price

67.55

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.01
2.36
2.21
2.22
1.75
1.24
3
3.23
3.98
3.98
4.49
6.35
6.54
5.29
5.05
5.67
5.64
Revenue per Share
0.18
0.24
0.22
0.13
0.06
-0.52
0.21
0.04
0.04
0.05
0.12
0.24
0.44
0.49
0.53
0.49
0.52
Basic EPS, GAAP
-0.09
-0.48
-0.43
-0.88
-0.63
-0.24
-0.22
-0.08
-0.32
-0.19
0.45
-0.06
0.13
0.29
-0.26
-1.59
-0.89
Free Cash Flow per Basic Share
0.05
0.1
0.09
0.15
0.14
0.09
0.06
0.09
0.09
0.08
0.08
0.08
0.16
0.23
0.24
0.25
0.25
Dividend per Share
1.16
1.33
1.88
1.99
2.22
1.37
1.97
2.23
2.03
2.05
2.15
2.33
2.66
2.95
3.25
3.46
3.37
Book Value per Share
1.7
1.52
2.57
2.79
3.86
2.87
3.9
3.83
4.59
4.58
4.74
4.95
5.33
5.96
6.69
10.24
10.03
Tangible Book Value per Share
260
261
300
293
293
343
461
463
519
524
524
524
525
526
526
533
529
Basic Weighted Avg Shares
522
616
661
651
513
424
1,385
1,494
2,066
2,085
2,355
3,328
3,436
2,784
2,658
3,019
2,981
Sales/Revenue/Turnover
9.51
11.62
8.85
5.01
6.33
-16.73
3.43
11.93
9.1
8.31
9.79
8
10.32
15.16
14.52
13.7
14
Operating Margin (%)
25
31
37
45
53
67
99
90
93
98
112
133
156
158
174
195
- -
Depreciation Expense
48
64
65
38
18
-178
96
16
23
28
62
127
233
259
280
260
277
Net Income, GAAP
16.45
15.45
18.12
16.65
30.98
- -
25.72
25.89
37.53
25.5
22.34
17.45
6.26
11.48
12.88
6.74
13.22
Effective Tax Rate (%)
9.17
10.31
9.8
5.85
3.43
-42.02
6.9
1.1
1.11
1.32
2.64
3.83
6.79
9.3
10.53
8.62
9.29
Profit Margin (%)
295
240
596
437
410
61
343
391
980
882
1,212
1,400
1,098
1,400
1,525
3,023
3,100
Working Capital
75
115
211
202
130
75
125
102
32
22
335
479
131
461
446
607
407
LT Debt
546
603
1,020
1,070
1,378
1,219
2,243
2,219
2,823
2,849
2,917
3,015
3,193
3,375
3,755
5,646
5,536
Total Equity
6.97
8.17
4.34
1.86
1.33
- -
1.47
4.38
3.44
3.42
4.83
5.87
8.63
9.42
8.03
7.16
6.78
Return on Invested Capital (%)
13.27
13.59
9.74
5.23
2.74
- -
6.9
1
1.12
1.33
2.85
6.8
11.4
11.45
11.18
6.28
8.39
Return on Capital (%)
16.83
19.59
14.22
6.63
2.85
-31.85
13.87
1.69
2.19
2.58
5.66
10.86
17.81
17.56
17.16
14.64
16.27
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
285
427
540
LT Borrowings
436
516
387
LT Finance Leases
9
12
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
529
536
536
Market Capitalization
7,341
8,251
8,822

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3,287
5,232
4,792
Cash, Cash Equivalents & STI
1,158
2,523
1,726
Accounts Receivable, Net
981
1,400
1,658
Inventories
582
707
801
Total Current Liabilities
1,762
1,991
1,692
Payables & Accruals
- -
- -
- -
ST Debt
285
427
540
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19%
15.31%
50.37%
Free Cash Flow
-0.39%
7.1%
517.48%
Net Income, GAAP
14.96%
39.95%
-6.96%
Sales/Revenue/Turnover
32.11%
6.93%
13.59%
Total Cash Common Dividend
19.73%
30.48%
4.66%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
636
648
520
852
2,658
2025
703
905
723
- -
3,019
2026
642
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
- -
- -
- -
0.53
2025
0.17
- -
- -
- -
0.49
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.24
2025
0.01
- -
- -
- -
0.25
2026
0.01
- -
- -
- -
- -
Business
Sinomach Precision Industry Group Co., Ltd. (002046.SZ) manufactures and sells high-end precision bearings, abrasives, grinding tools, and related industrial equipment as a subsidiary of China National Machinery Industry Corporation (Sinomach); its core offerings include angular contact ball bearings, ball screw bearings, tapered roller bearings, crossed roller bearings, slewing bearings, rotary table bearings, wind turbine bearings, rolling mill bearings, high-frequency spindles, bearing testing machines, measuring instruments, super abrasives, cubic boron nitride products, diamond tools, bonded abrasives, coated abrasives, and PDC cutters. The company, founded in 2001 and headquartered in Zhengzhou, China, operates primarily in the precision machinery sector with products serving machine tools, wind power, metallurgy, petrochemicals, rail transportation, automobiles, construction machinery, and medical equipment across more than 80 countries and regions; it integrates core enterprises such as Luoyang Bearing Research Institute (established 1958), Zhengzhou Abrasives Grinding Research Institute (established 1958), and China Machinery Industry International Cooperation. Recent developments include receiving approval from the China Securities Regulatory Commission for a refinancing initiative in February 2025, holding its 2025 annual work conference and employee congress in January 2025, and senior leadership surveys of subsidiaries like Luoyang Bearing Research Institute, Axis Research Technology, and Diamond Company by Sinomach Chairman Zhang Xiaolun in early 2025; the company also earned recognition as a SASAC "Science and Technology Reform" benchmark enterprise for the third consecutive year in 2024 and won the China Machinery Industry Enterprise Management Modernization Innovation Achievement Award in December 2024.