Nanxing Machinery Co., Ltd.
002757.SZ
Shenzhen Stock Exchange18.41
CNY
+1.67
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Nanxing Machinery Co., Ltd.
002757.SZ
(Shenzhen Stock Exchange)
Recent
price
18.41
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Nanxing Machinery Co., Ltd. specializes in the research, development, production, sales, and service of wood processing machinery primarily for panel furniture production. Its core products include CNC nesting machines, panel saws such as front and rear feed panel dividing saws, precision panel saws, angular dividing saws, sliding table saws, single- and double-sided edge banders, CNC drilling and through-feed drilling machines, door panel processing CNC machines with single and dual working tables, and five-axis machining centers. The company offers comprehensive equipment and total solutions forming production lines and Industry 4.0 intelligent automation lines tailored to furniture manufacturing requirements. Nanxing operates in China and internationally, with overseas markets concentrated in BRICS countries and those involved in the Belt and Road Initiative, alongside smaller business in the United States. Established in 1996 and headquartered in Dongguan, China, Nanxing leverages advanced domestic and imported technologies and maintains a global sales and service network with extensive parts inventory. In the latest strategic developments, Nanxing has intensified cooperation with research institutions and software firms to enhance the software performance and collaborative hardware-software design of its products, driving intelligent and digital upgrades in manufacturing solutions. In 2024, the company introduced a flexible intelligent production line addressing the bottlenecks of traditional production models, alongside new high-speed computer panel saws and through-hole drilling machines designed for mass-customized furniture production. The company is responding to enhanced demand in the domestic market with extended order backlogs and has positioned itself as a leading domestic alternative to foreign imports, strongly supporting the digital transformation of the furniture industry. Financially, Nanxing reported a revenue of 3.332 billion yuan for 2024 with a net loss attributed to operational shifts and continuing investments in innovation and market expansion. The company also emphasizes sustainable service with 24-hour response and fast spare parts supply supported by its extensive inventory and global network. Nanxing operates within the industrial equipment, woodworking machinery, and manufacturing processing segments targeting furniture manufacturers and related industrial clients globally. Its facilities cover over 234,000 square meters with a workforce of more than 400 employees, supporting a wide product range from saws and edge banding machines to CNC drilling and machining centers. The company continues to innovate in automation and Industry 4.0 line formations to meet evolving customer needs in wood panel and furniture manufacturing industries. It holds ISO9001:2000 Quality Management System Certification along with CE certification and export product quality licenses, underpinning its role as a dominant domestic supplier with growing international footprint and technological leadership. Nanxing Machinery Co., Ltd. stands as a comprehensive provider of cutting-edge furniture machinery and intelligent production solutions, with a focus on automation, digitalization, and customer-centric service enhancement, underscored by recent product launches, strategic collaboration, and ongoing operational transformation since its founding nearly three decades ago.