1. China Stocks

  2. •

    Producer manufacturing

  3. •

    Metal fabrication
Sinomach Precision Industry Group Co. Ltd. Class A

Sinomach Precision Industry Group Co. Ltd. Class A

SSZSE:002046
55.47
CNY
+3.32
(+6.37%)
0.52EPS
208.20P/E
39.49BMarket Cap
Oct 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
5.91
Basic EPS, GAAP
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
0.35
Free Cash Flow per Basic Share
-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
- -
Dividend per Share
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
0.45
Book Value per Share
3.43
4.02
3.57
6.01
4.54
5.11
5.16
5.29
5.5
5.85
6.18
6.58
8.15
8.07
Tangible Book Value per Share
2.61
3.29
2.88
4.76
3.57
4.27
4.3
4.46
4.71
5.11
5.73
6.13
7.79
7.72
Basic Weighted Avg Shares
293
293
343
461
463
519
524
524
524
525
526
526
533
535
Sales/Revenue/Turnover
651
513
424
1,385
1,494
2,066
2,085
2,355
3,328
3,436
2,784
2,658
3,019
3,163
Operating Margin (%)
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
15.27
Depreciation Expense
45
53
67
99
90
93
98
112
133
156
158
174
195
- -
Net Income, GAAP
38
18
-178
96
16
23
28
62
127
233
259
280
260
189
Effective Tax Rate (%)
16.65
30.98
- -
25.72
25.89
37.53
25.5
22.34
17.45
6.26
11.48
12.88
6.74
1.38
Profit Margin (%)
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
5.98
Working Capital
437
410
61
343
391
980
882
1,212
1,400
1,098
1,400
1,525
3,023
2,907
LT Debt
203
130
75
125
103
33
23
335
479
131
461
446
607
608
Total Equity
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
5,625
Return on Invested Capital (%)
0.27
0.24
- -
-0.58
3.69
2
1.78
2.3
2.88
5.72
6.67
6.94
5.99
4.07
Return on Capital (%)
3.61
1.78
- -
4.1
0.63
0.68
0.77
1.61
3.83
6.52
6.65
6.66
3.86
2
Return on Common Equity (%)
3.68
1.45
-13.79
5.72
0.77
0.96
1.02
2.27
4.5
7.8
8.13
8.29
6.63
4.39

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
417
588
588
LT Borrowings
592
618
598
LT Finance Leases
14
14
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
536
536
536
Market Capitalization
23,156
23,464
39,490

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,605
4,705
4,604
Cash, Cash Equivalents & STI
1,829
1,675
1,315
Accounts Receivable, Net
1,274
1,449
1,702
Inventories
812
902
948
Total Current Liabilities
1,582
1,684
1,697
Payables & Accruals
- -
- -
- -
ST Debt
417
588
588
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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

CNY

•

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
893
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.17
0.05
0.14
0.53
2025
0.17
0.16
- -
0.1
0.49
2026
-0.02
0.11
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.21
0.01
0.01
0.24
2025
0.01
0.22
- -
0.01
0.25
2026
0.01
0.21
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ning Yan
Full Time Employees
2,486
Sector
Producer manufacturing
Industry
Metal fabrication
Address
No. 121 Science Avenue Zhengzhou HN China 450199
IPO Date
May 26, 2005
Website
sinomach-pi.cn
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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.